Weakening Yen Hits Japan's Catering Industry
International News
May 14, 2024
Japan's catering industry is grappling with the impact of a weakening yen, which has driven up the cost of imported ingredients and supplies. Tsunenori Shimizu, the owner of a steakhouse in Tokyo, explains that the rising costs have forced him to reconsider his menu pricing and sourcing strategies. Many restaurant owners are struggling to balance maintaining quality with managing increased expenses.