[Notice] Rattan material price increase notice (price change from July 21st)
Dear Sir/Madam, We hope that you are all in good health and prosperity.
We would like to express our sincere gratitude for your continued patronage.
The current situation is one in which the yen has rapidly weakened due to Russia's invasion of Ukraine, and transportation costs have risen sharply due to soaring energy prices.
In addition, disruptions to shipping due to the impact of the COVID-19 pandemic continue.
Up until now, we have managed to absorb increasing costs and avoid price increases through corporate efforts, but our efforts have reached the limit and, reluctantly, we have decided to raise the prices of some of our rattan products (mainly AT rattan materials) from July 21, 2022.
Generally, the price increase will be around 20-45%.
We are very sorry to announce this, and we kindly ask for your understanding and cooperation.
Sincerely,
We would like to express our sincere gratitude for your continued patronage.
The current situation is one in which the yen has rapidly weakened due to Russia's invasion of Ukraine, and transportation costs have risen sharply due to soaring energy prices.
In addition, disruptions to shipping due to the impact of the COVID-19 pandemic continue.
Up until now, we have managed to absorb increasing costs and avoid price increases through corporate efforts, but our efforts have reached the limit and, reluctantly, we have decided to raise the prices of some of our rattan products (mainly AT rattan materials) from July 21, 2022.
Generally, the price increase will be around 20-45%.
We are very sorry to announce this, and we kindly ask for your understanding and cooperation.
Sincerely,
