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Japan Raids Ice Cream Giants Over Alleged Price‑Fixing

Japan’s Fair Trade Commission targets top ice‑cream brands amid a scorching summer to probe suspected price‑fixing demands.

Source: bbc.co.uk1 min read
A stack of packaged Japanese ice‑cream, a hand holding one pack on top of three others
A stack of packaged Japanese ice‑cream, a hand holding one pack on top of three others (AFP via Getty Images)

In brief

Japan’s competition watchdog carried out on‑site inspections of six leading ice‑cream makers, alleging they colluded to inflate prices by 5‑10 % over recent years. The firms—Meiji, Morinaga, Lotte, Ezaki Glico, Akagi Nyūgyō, and one additional company—were questioned while the country faces record high temperatures. The companies have pledged full cooperation, but the JFTC has yet to issue a public statement. The investigation follows Japan’s 2025 record‑high summer and a new naming of 40 °C+ days.

The Japan Fair Trade Commission (JFTC) carried out on‑site inspections of six major ice‑cream manufacturers on Tuesday, alleging they colluded to fix prices.

The companies under scrutiny were Meiji, Morinaga Milk Industry, Lotte, Morinaga Foods, Ezaki Glico and Akagi Nyūgyō. The firms reportedly raised prices by 5‑10 % multiple times over several years, well above raw‑material cost increases.

Japanese supermarkets and convenience stores receive the products wholesale, so the price hikes affect millions of consumers during an unusually hot summer, with record highs of 40 °C (104 °F) earlier this year.

The companies have issued statements promising full cooperation with the investigation. Meiji, Glico and Morinaga said they would “co‑operate fully with the Fair Trade Commission,” while Hello Panda (Glico) pledged a “good‑faith response.”

No official statement from the JFTC has yet been released, and the investigation is ongoing.

Additional reporting by Chika Nakayama in Tokyo.

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