Proximar Seafood sells first harvest but pushes Q4 harvest plans into 2025

Proximar Seafood's "Fuji Atlantic Salmon" for sale inside a Japanese supermarket
Proximar Seafood successfully sold its first harvest of Atlantic salmon for a price premium over similar imported Norwegian salmon | Photo courtesy of Proximar Seafood
4 Min

Proximar Seafood said in its Q3 2024 results it has sold its first-ever salmon harvest from its recirculating aquaculture system (RAS) facility in Japan, but ongoing turbidity issues and customer preferences have it delaying it Q4 harvest plans.

Proximar Seafood has been operating its Atlantic salmon RAS since October 2022 and is aiming to achieve targeted annual production of 5,300 metric tons (MT) from its facility near the foot of Mount Fuji. The company has so far harvested just 1.2 MT in a trial harvest, but the company said the first harvest already shows it has a big advantage over other salmon producers.

“Proximar is the first producer of Atlantic salmon in Japan, years ahead of the competition,” Proximar Seafood Joachim Nielsen said in a press release. “We are now finally able to supply the Japanese population with domestically produced Atlantic salmon.”

According to Proximar, its first batch of salmon managed to achieve a premium pricing of NOK 130 (USD 11.84, EUR 11.17) per kilogram, which is a price premium over ...


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