Marukin Co., Ltd., based in Onagawa, Miyagi Prefecture, has become the first coho salmon farmer in Japan to acquire Aquaculture Stewardship Council certification. The status is valid from 5 June, 2020 to 4 June, 2023.
Marukin was the first company to successfully commercialize coho salmon aquaculture in Japan, in 1977. It sells its salmon under the “Gin-ou (Silver King)” brand. It also raises oysters and scallops.
The certification… Read More
On 16 June, Japan’s Fisheries Agency released its Annual White Paper on Fisheries, which is divided into two parts: FY2019 Trends in Fisheries, and FY2020 Fisheries Policy.
The FY2019 report, divided into multiple chapters, covers everything from the state of the country’s fisheries resources to the state of current international disputes related to territorial fishing rights in areas around Japan. Included in the report… Read More
Tokyo, Japan-based Marubeni Corporation, in its annual results for the fiscal year ended March 31, 2020, reported a net loss attributable to owners of the parent of JPY 197.5 billion (USD 1.8 billion, EUR 1.6 billion), a 428.3 percent decline… Read More
Profits for Mitsubishi Corporation, the fifth largest seafood company by revenue, declined by JPY 55.3 billion (USD 506 million, EUR 448 million), or a little over 9 percent, from last year, according to the company’s annual report… Read More
Seafood Legacy, Co., Ltd. and Nikkei ESG, hosts of the Tokyo Sustainable Seafood Symposium 2020 (TSSS2020), announced on 8 June that, due to the COVID-19 pandemic, TSSS2020 will be held during the first week of November as a two-day virtual event.
"The COVID-19 pandemic has exposed the seafood industry's vulnerabilities and dramatically transformed our consumption habits and global seafood supply chain. The TSSS2020 seeks to lay out a roadmap… Read More
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 ...
Photo courtesy of… Read More
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