diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 161c542b2e24..e1675dabc8cb 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -995,7 +995,7 @@
   "google-shopping-merchant-lfp+FILLER": "0.0.0",
   "google-shopping-merchant-lfp-v1": "0.2.1",
   "google-shopping-merchant-lfp-v1+FILLER": "0.0.0",
-  "google-shopping-merchant-lfp-v1beta": "0.6.1",
+  "google-shopping-merchant-lfp-v1beta": "0.7.0",
   "google-shopping-merchant-lfp-v1beta+FILLER": "0.0.0",
   "google-shopping-merchant-notifications": "0.3.0",
   "google-shopping-merchant-notifications+FILLER": "0.0.0",
diff --git a/google-shopping-merchant-lfp-v1beta/CHANGELOG.md b/google-shopping-merchant-lfp-v1beta/CHANGELOG.md
index 248afc9fc077..738e91bb8776 100644
--- a/google-shopping-merchant-lfp-v1beta/CHANGELOG.md
+++ b/google-shopping-merchant-lfp-v1beta/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+### 0.7.0 (2026-03-31)
+
+#### Features
+
+* Upgrade dependencies for Ruby v4.0 and drop Ruby v3.1 support
+
 ### 0.6.1 (2025-10-27)
 
 #### Documentation
diff --git a/google-shopping-merchant-lfp-v1beta/lib/google/shopping/merchant/lfp/v1beta/version.rb b/google-shopping-merchant-lfp-v1beta/lib/google/shopping/merchant/lfp/v1beta/version.rb
index 52777efc5148..173833a655e5 100644
--- a/google-shopping-merchant-lfp-v1beta/lib/google/shopping/merchant/lfp/v1beta/version.rb
+++ b/google-shopping-merchant-lfp-v1beta/lib/google/shopping/merchant/lfp/v1beta/version.rb
@@ -22,7 +22,7 @@ module Shopping
     module Merchant
       module Lfp
         module V1beta
-          VERSION = "0.6.1"
+          VERSION = "0.7.0"
         end
       end
     end
diff --git a/google-shopping-merchant-lfp-v1beta/snippets/snippet_metadata_google.shopping.merchant.lfp.v1beta.json b/google-shopping-merchant-lfp-v1beta/snippets/snippet_metadata_google.shopping.merchant.lfp.v1beta.json
index c338e95d14db..7c6f048edb60 100644
--- a/google-shopping-merchant-lfp-v1beta/snippets/snippet_metadata_google.shopping.merchant.lfp.v1beta.json
+++ b/google-shopping-merchant-lfp-v1beta/snippets/snippet_metadata_google.shopping.merchant.lfp.v1beta.json
@@ -1,7 +1,7 @@
 {
   "client_library": {
     "name": "google-shopping-merchant-lfp-v1beta",
-    "version": "0.6.1",
+    "version": "0.7.0",
     "language": "RUBY",
     "apis": [
       {