Tokyo, Japan-based Nippon Suisan Kaisha (Nissui) reported sales down by 3.1 percent, and Kyokuyo's profits were down 30 percent in the most recent fiscal year, according to their most recent financial reports ...
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The world’s largest seafood company issued its consolidated financial results for fiscal year 2020 on 28 May.
Tokyo, Japan-based Maruha Nichiro is the world’s largest seafood company by revenue, with FY2020 sales of JPY 905.2 billion (USD 8.4 billion, EUR 7.5 billion), down 17.3 percent from a year ago.
The company posted a profit attributable to the owners of the parent of JPY 12.5 billion (about USD 116 million, EUR 105 million)… Read More
The top five kaiten-zushi (rotary or conveyor-belt sushi) type chains in Japan saw big declines in April, when restaurants were asked to close by 8 p.m. and were told to set the last order for alcohol at 7 p.m.
By sales and number of outlets, the top five chains are Akindo Sushiro, Kura Corporation, Hama Zushi, Kappa Zushi, and Genki Zushi.
Suita, Osaka-based Sushiro Global Holdings (SGH), which owns Akindo Sushiro – the largest of the… Read More
Several major seafood companies in Japan have temporarily changed the ways they operate in light of the COVID-19 pandemic, turning to telework and other methods to keep employees safer.
Maruha Nichiro Co., Ltd.’s domestic and overseas food factories are operating normally, though its customer consultation office is not accepting phone calls. Inquiries are by e-mail only, and the company warns that it may take longer than usual to… Read More
The number of eels caught in Japan rose sharply in the most recent fishing season, covering the period from November 2019 to the end of April 2020, according to a Fisheries Agency report.
Glass eels, or elvers, are juvenile eels that are caught and raised to full size in grow-out ponds located in 19 prefectures across Japan. The top prefectures in terms of stocking amount of elvers are Kagoshima, Aichi, Miyazaki, and Shizuoka.
A new report from… Read More
A plan for the Japanese government to subsidize the nation’s seafood and beef industries, in response to plummeting prices resulting from the COVID-19 pandemic, has moved forward after debate ...
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The latest figures released by the Japan Ministry of Finance provide insight into current trade patterns playing out between Japan and Chile when it comes to salmon and trout …
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Tokyo’s Toyosu Market is experiencing a drastic financial fallout as Japan reels from the economic shock of COVID-19.
From March to April, both the volume of seafood Japan’s largest seafood market handled and the prices it received had nosedived. But the crash has been uneven, reflecting a shift by Japanese consumers from eating out to cooking at home. Sales of luxury items like tuna have dropped significantly, while sales of fish… Read More
With restaurant sales depressed, some Japanese fishermen are turning to online sales for home delivery as an alternative sales channel.
Fisherman Japan, based in Ishinomaki City, Miyagi Prefecture, is an organization formed by young fishermen to promote consumption of seafood from the Sanriku area of Japan (northeast Honshu Island). The group includes Sanriku fishermen, fish shops, and chefs. Restaurants that use their products – some… Read More
A new research paper is providing a comprehensive look at how the world catches, trades, and eats octopus.
The paper, World Octopus Fisheries (Sauer et al., 2019, Reviews in Fisheries Science & Aquaculture), has 48 authors, who collectively studied more than 20 octopus species harvested from 90 countries. The ecological and biological features, catches, and key aspects of management, as well as major importing and exporting nations, and… Read More