TAKU Ueno buys beef from America, olive oil from Spain and tomatoes from Italy to stock his supermarkets south of Tokyo, imports that have more recently become costlier almost by the day as the yen falls relentlessly.
The yen has weakened despite currency intervention in 2022, 2024 and 2026, and the exchange rate is still under pressure, even after rare joint United States-Japan buying in August and July.
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