Daito Gyorui Co., Ltd. (Public, TYO:8044) owns five fish markets in the Greater Tokyo area and is a subsidiary of Maruha Group, Inc. Daito is affiliated with fish wholesaling, processing and retailing companies, and is increasingly sourcing imported fish and seafood supplies directly from foreign suppliers. Frozen fish and seafood products are being sourced from China and Southeast Asia, and live fish is being flown in from a variety of countries, including Canadian sea urchin, bluefin tuna and lobster.
Established as an authorized wholesaler in Tsukiji Fish Market, Tokyo with the object of selling, buying and consignment of fish and marine products.
(1) Outright purchase & sale and consignment sales of fresh & frozen fish and processed marine products
(2) Import and export of fish and marine products
(3) Business of real estate and parking lot
(4) Business and investments incidental to the above
Fishing deal with China would settle maritime dispute Philippines
A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.
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