Why Ramen Restaurants in Japan are Going Bankrupt: Rising Prices & Affordability of Food Crisis
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Sources:
https://news.yahoo.co.jp/articles/86c582ba2b4eb60572c6f79b1a8d7e29fbe74444
https://www.fnn.jp/articles/-/812535
https://news.yahoo.co.jp/articles/242a565fb7f1e541250a2775d45689ef18179001
https://www.maff.go.jp/j/zyukyu/anpo/kouri/k_yasai/attach/pdf/h22index-134.pdf
https://news.yahoo.co.jp/articles/97b8b52e72326f503678416cd6479d42ede4a402
Ramen restaurants, a beloved cornerstone of Japanese cuisine, are facing an unprecedented crisis. Rising costs of raw ingredients like vegetables and meat, surging utility bills, and increasing labor expenses are pushing many establishments to the brink of bankruptcy. This documentary explores the challenges faced by the food industry and restaurants in Japan as they struggle to stay afloat amidst the skyrocketing cost of living and Japan’s economic decline.
The plummeting value of the yen has further exacerbated the situation, making imported food and ingredients more expensive than ever. Many restaurants are forced to raise prices to survive, risking the loss of loyal customers in a highly competitive market. Not only do we explore financial difficulties in the restaurant industry, we also explain the crisis of the cost of living in Japan. We examine how small restaurants are losing the competition to big corporations and restaurant chains.
We dive into the affordability of food in Japan and how this crisis is affecting everyday meals, the revenue and profits of restaurants in Japan, and the harsh reality of businesses operating at a loss. Witness how the falling yen and Japan’s economic struggles are reshaping the food industry and impacting livelihoods across the country.
📉 Key Topics:
Affordability of food in Japan
Cost of living crisis in Japan
The restaurant industry in Japan
Revenue and profits of restaurants in Japan
Restaurants operating at a loss in Japan
Plummeting value of yen and Japan’s economic decline
Inflation in Japan and economic effects of cheap yen
Discover the untold story of Japan’s ramen crisis and how it reflects the broader economic challenges facing the nation.
#japan #japaneseculture #japanlife #japannews #documentary #economy #economics #socialissues
Footage used in this video are broadcasted by the following entities:
KTV NEWS
Kei’s UnderWorldちゃんねる
爆食ますぶちさちよ
STVニュース北海道
めざまし8チャンネル
こせのんTV
34 Comments
Here in Vancouver BC Canada Romen restaurants are opening it seams like 4 to 5 a year
I dont want to pay more than 100 yen for ramen,its unbelievable .
i think they are ignoring a big part, inflation. that is number one enemy of common people
Is it comparable to ramen in Japan as a hamburger in the US?
Just keep the price the same, and change the bowl size to smaller size. This way, you still have all these loyal customers, and your price can remain the same. On the menu, just add options for extra charge if customers want extra meat, or noodles, etc.
1000 yen it’s about 5£ 😳we pay now about 15£ in London
Same in the UK. You cannot shut down the world economy, print massive amounts of money and then not expect a huge increase in inflation.
If a cultural norm is killing businesses, logic would say change the culture or there will be no more small businesses. If ingredients are costing more then the customer needs to pay more.
here's an idea: sell indonesian style ramen! because indonesian styles are mostly soupless. Dry. Hope ppl of Japan like it.
900 JPY for a kilo of Quality Japanese Pork Meat is way way way cheaper and better compared here in the Philippines which is too expensive for locally raised fresh pork and not budget friendly for the masses, so most of them are opt for the imported frozen ones. Such a shame. Japan's basic good prices can be cheaper than here in the Philippines. 😢
Bummer!! This should not be allowed to happen.
You are what you eat..
This is WEF in effect. Maybe Japanese should wear more masks and be just a little more obedient, then the WEF and their "bio-safety" measures will exempt them from obvious siege-starvation strategies.
Does the same 1000 yen wall apply to prostitutes as well?
Seems like Agenda 2030 is already in effect according to the world economic forum and Swiss Bank Authority
Very time I watch these Ramen shows, I wonder how they stay in business. It's double the price in Canada. The big Mac price keeps going up, and the sandwich is half the size. Either you bring up the price or lose your culture and national identity. I am sure Bratwurst or Strudel has gone up in price in Germany.
If Japan still kowtow to US demand, their economy will continue to plummet.
Japan need to trade ingredients with China.
We need more translated Japanese local news like this. Need more videos
Dont eat pork
as people age and less energy it gets harder to produce the same good so its reflected in the price. certainly not going down anytime soon. 😛
Considering Japanese made from quality broth it can’t remain that price by now.
In Canada our prices for a simple meal without your special homemade element is almost double.
Heart breaking … are the wars and money printing the cause for inflation ?😢
Japan economy is dying.
So sad… even the protection money to pay the local Yakuza is going up too I guess…
all ramen shops should raise prices together, or big chain ramen restaurants raise together.
it used to be 350 yen to 1 usd. then after plaza accord it was 110 yen. things are just going back to normal. japan was in massive deflation for the last 30 years.
Anything quality of life is a good commodity. Got it.
The root cause of the sychronized global inflation is that governments all over the world printed huge amounts of money to support their economies during the pandemic shutdown. This was highly successful because it prevented a second occurrence of the Great Depression from the 1930s. The trade-off is the inflation we have now. There is no free lunch, after all. But the inflation is still not nearly as bad as a new Great Depression. It was worth it, ultimately, although people don't want to hear that.
True sad as I really love small long standing little business in japan for a good ramen bowl 😢
I was so much fed up with a stupid vegetable like lettuce costing 299 yen this year that I started growing lettuce and other greens on my balcony and that fed me for weeks. You just need to learn how to compost and invest a bit in planters and soil at first, then watering a bit every other day and learning all the way. It's stupidly easy and doesn't even take much time. Plus, all the greens you make will also taste better than the one sold at the supermarket. Don't rely too much on the industry and start growing your own veggies wherever you are, as much as you can. Totally recommended. You'll save money in the long run too, and probably also have a lot of fun.
Such a great video! I have been craving this type of reporting about Japan in english. It really helps to understand the reality of Japan daily life in ways usualy are avoid 'cause it humanizes Japan instead of making it seems like heaven on earth, a place separeted from reality.
Please keep making your amazing work ❤
Well that’s stupid 1000 yen …. Really don’t ppl know ow about inflation in everything else they buy? Well that’s just stupid! Raise the price
But it's ok to have higher prices on a gaijin menu. 😂