2026.05.29
Japan Amends Food System Act to Promote Fair Pricing in Food Supply Chain
The Government of Japan amended the Food System Act in April 2026 to promote cost-based price formation in the food supply chain. Aiming to deter below-cost transactions, the amended Act establishes a framework for creating “cost indicators” that provide clear benchmarks for appropriate costs in price negotiations. The first cost indicator was created for rice. Cost indicators are not minimum guaranteed prices, and prices remain subject to negotiation between parties.
Japan Amends Food System Act to Promote Fair Pricing in Food Supply Chain