On 31 August, Berkshire Hathaway announced it had acquired slightly more than a five percent stake in each of the five major Japanese general trading companies: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo – all based in Tokyo – through regular purchases on the Tokyo Stock Exchange.
Collectively, the investments have a combined value of USD 6.7 billion (EUR 5.6 billion)
Berkshire Hathaway’s CEO, Warren Buffett, considered… Read More
Japan’s Ministry of Agriculture, Forestry, and Fisheries is promoting sales of items that have been significantly affected by COVID-19 by subsidizing shipping charges for online sales.
Seven product categories are the targets of the subsidy:… Read More
With people cooking at home more and avoiding eating out in response to the COVID-19 pandemic, supermarket sales in Japan have remained healthy. But many consumers who previously shopped every day are now ordering foods online or through weekly home-delivery services.
In mid-July, Tokyo-based Ai-land, a lifestyle media company focused on food, cooking, and recipes, announced the results of a questionnaire on online sales of food after the spread… Read More
Seafood Legacy, a Tokyo, Japan-based consultancy that forges connections between sustainable seafood programs and businesses, is hosting a series of free online workshops on sustainable purchasing. The Thursday afternoon workshops, aimed at fishing and distribution companies, research institutions, and others with a commercial or scientific interest in Japanese fisheries, began on 6 August with a Zoom meeting from 3:30 to 5:30 p.m. Japan… Read More
Japan Customs data for the first 10 days of August showed overall exports down by 23.3 percent and imports down by 40.4 percent year-on-year, resulting in a positive balance of trade amid a general reduction in international trade ...
Photo courtesy of Ben… Read More
This year was supposed to be the “super year” for ocean sustainability, with many major events and gatherings planned to bring momentum and focus to the issue. However, COVID-19 has pushed the pause button for large gatherings and international travel, and has taken attention off of the environment.
In response to the obstacles facing the community of individuals and organizations focused on seafood sustainability issues, virtual… Read More
Wholesalers at Tokyo’s Toyosu Market are preparing online tuna sets to appeal to consumers directly, in a bid to make up for struggling restaurant sales due to the coronavirus pandemic …
Photo courtesy of… Read More
Japan has plans to increase exports of fugu (blowfish, pufferfish) by creating a standard nationwide test to license those who process it, replacing the current mish-mash of prefectural regulations.
The lack of national involvement in the regulations has been been viewed as an obstacle to exporting the blowfish to some foreign countries, many of which are reluctant to import the fish on safety grounds. Famously fugu, depending on the species,… Read More
A joint venture factory in Onagawa-cho, Miyagi Prefecture, Japan – featuring a partnership between Seattle-based Trident Seafoods Corp. and local company Takamasa Co. Ltd. – has been operating since its completion on 11 May making crab-flavored surimi sticks.
The Minato Shimbun reported that the plant is operating with two lines and 45 employees, and that the company plans to produce 500 to 600 metric tons in the first year. The… Read More