Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
If you would like to send us an article, contact Margaret Stacey
   


Nissui products. (Photo Credit: Nissui)

Nissui reports revenue and income increase for Q3 2013

  (JAPAN, 2/13/2014)

Nippon Suisan Kaisha Ltd. (Nissui) reported an increase in revenues and profits in the Q3 of its fiscal year 2013 (October-December 2013), compared with the same period last year.

The latest financial report indicates that the Japanese giant consolidated net sales grew 6.3 per cent, to JPY 448,695 million (USD 4,383 million), and net income by 160 per cent, to JPY 5,849 million (USD 57.1 million).

Nissui attributes this growth primarily to the recovery of the Japanese market, the reduction of inventories (non-consolidated), the restructuring of enterprises abroad and better trade balance in salmon and trout thanks to higher prices.

Regarding food products business, the company highlights that in Japan, the yen weakness was offset by improving productivity, reducing expenses and revising selling prices. The performance abroad varied from region to region.

Poorly performing overseas business showed little progress. Investments in Shandong Sanfod Nissui, Ltd. were handed over up to the holding ratio at 14.89 per cent (sales losses were JPY 780 million/UDS 7.6 million).

Meanwhile, Sealord Group, Ltd. sold all shares of its Argentine subsidiary and withdrew from Argentina business. This represented a loss of JPY 1,510 million (USD 14.7 million) for the company.

On the other hand, Nissui informed the transfer of Leuchtturm Beteiligungs, and stated  the extraordinary losses were factored in by Q2.

In the marine product business, Nissui grew both its revenues and income, and net sales increased by JPY 13,000 million (USD 127 million) to JPY 186,000 million (USD 1,817 million).

In the fisheries sector, the company's business in South America improved with respect to losses incurred in the previous period, following a restructuring of operations.

The company plans for Q4 are to improve productivity, reduce costs, promote sales and increase conversion rate into prepared foods.


[email protected]
www.fis.com


Information of the company:
Address: Nippon Bldg., 2-6-2, Otemachi
City: Chiyoda-ku
State/ZIP: Tokyo (100-8686)
Country: Japan
Phone: +81 3 3244 7000
E-Mail: [email protected]
More about:




Approval / Accreditation / Certified / Oversight by...
Dolphin Safe  Friend of the Sea  HACCP  ISO   MSC/Marine Stewardship Council  E.U.  USDA/USDC & FDA  RF (Russia) 
Global G.A.P.  Marine Eco-Label Japan 



 Print


Click to know how to advertise in FIS
MORE ARTICLES
KM Seafood Achieves Friend of the Sea Certification for Tilapia and Perch
Ekofish Group Builds Twin-rigger at Damen Maaskant
Smoke Some Oysters and Celebrate Native American Heritage Month
Young’s Seafood Launches New, Premium Shellfish Range, Plugging Gap in Recipe Inspiration
Fishmonger’s Choice Offers Fresh, Seasonal, British Fsh to Encourage Lesser-Known Species
Top 6 Vendors in the Shrimp Market from 2017 to 2021
Inland Seafood Announces that the Company is Now Employee-Owned
Korean Premium Seafood Brand, K·FISH, To Be Introduced To The U.S. Market This Month
Sysco Corporation Honors 2017 Top Suppliers
Belgian Imperial Heritage Obtains Friend of the Sea's Certification for its Caviar
BioMar at Karmøy Sets Production Capacity Record
BAP Certifies First North American Salmon Smokehouse
The 17th Salmon ShowHow – Engage your Senses
Thai Union “Highly Commended” for Sustainability Efforts at Ethical Corporation Awards
20 Years on Over 400 fisheries Engaged with the MSC
Sixty South Salmon Receives “Good Alternative” Rating from Seafood Watch
Louisiana Seafood Promotion & Marketing Board Seeks New Look Through Student Design Competition
Handy Seafood Celebrates 100th Season of Soft Shell Crab Processing
PADI Joins Global Ghost Gear Initiative to Combat Lost and Abandoned Fishing Gear
Survey: Gender on the Agenda of the Seafood Industry
More Articles...

Lenguaje
FEATURED EVENTS
  
TOP STORIES
Senior MPs urge the Marine Stewardship Council to review Standard
United Kingdom The Marine Stewardship Council (MSC) has come under fire by the former fisheries minister, Richard Benyon MP, along with veteran oceans campaigner Zac Goldsmith MP, Conservative MP James Heappey and S...
Totoaba could have a promising future with aquaculture
Mexico Aquaculture could change the destiny of today's stigmatized totoaba (Totoaba macdonaldi) and turn it into a promising future, says the director of the Aquaculture Institute of the State of Sonora.
Emirates SkyCargo to boost e-commerce shipments including fresh fish
United Arab Emirates Emirates SkyCargo, the freight division of Emirates, has signed an MoU with Dubai CommerCity - the first free zone dedicated to e-commerce in the Middle East and North Africa region located in Dubai. ...
MSC grants financial support to encourage tuna sustainable practice in India
India The non-government organisation Marine Stewardship Council has awarded GBP 43,373 fund to the World Wildlife Fund-India for promoting sustainable practices in the country’s fisheries sector.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2017 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER