Dishes which use soyabeans, such as natto, are affected by the rate rise as Japan imports from the US
Kinako — a sweet yellow flour used in desserts — is as quintessentially Japanese as food ingredients come, but even this niche product is not immune to economic ripples emanating from the US Federal Reserve.
Yoshio Ogawa, president of 103-year-old Ogawa Industries, makes most of his kinako using soyabeans imported from the US. The dollar exchange rate is crucial to his profitability.
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