Maruha Nichiro Holdings, Inc. (Public, TYO:1334) is a Japan-based holding company principally engaged in the marine product business. The Company operates in four business segments.
The Marine Product segment encompasses the catching, farming, purchase, processing and the sale of fish.
The Food Product segment manufactures and sells canned foods, frozen foods, stock farm products and other processed foods.
The Storage and Distribution segment is engaged in the provision of frozen storage and distribution services for fish.
The Others segment is involved in the storage of feed, the marine transportation business, the leasing of real estate, the hotel business, the manufacture and sale of packaging machines, as well as the manufacture and sale of fur.
Good shrimp landings in May but with low prices United States
The latest statistics on shrimp landings in the Gulf of Mexico published by NOAA indicate that in May 10.3 million pounds of the crustacean were landed, 26.9 per cent below the prior fourteen-year historical average.