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
Friend of the Sea Certifies for Sustainable Seafood Production Freshé brand and EcoFish
Sturgeon Aquafarms and Marky's Begin Selling Domestic, Genuine Beluga Caviar
Food Lion Announces New Sustainability Policies Bolstering Product Labeling and Animal Welfare
Breakthrough for Pet Health and Sustainability
Regal King Salmon from New Zealand Launches Wood Roasted Salmon in U.S.
Mary Kay Inc. Expands Partnership with The Nature Conservancy to Protect Waterways Across the Globe
NaturalShrimp, Inc.: La Coste, Texas Construction Update
Einhamar Seafood to Install the FleXicut System
StarKist® 'Heats Up' With New StarKist Creations Microwavables®
Specialists in Fish and Seafood Packaging
Blockchain Technologies in the Seafood Industry can Reduce Fish Loss and IUU Fishing
Wild Planet: Plenty of Fish in the Sea But Species Matters
Brixham Trawler Agents Celebrates First Birthday of the KOSMOS Auction System
From Farm to Fork – How Can Fish Slaughter Become More Humane?
Smurfit Kappa Replaces EPS Frozen Food Packaging with Sustainable Paper-based Alternative
BioMar and Bio Feeder Announce Environmentally Friendly Boat
Albertsons Own Brands Celebrates Sustainability Milestone
Certified Seafood Collaborative Takes Ownership of RFM Certification Program
BioMar Scales Up RAS and Fry Feed Production in Denmark
Give Your Products the Best Possible Presentation
More Articles...

Lenguaje
FEATURED EVENTS
  
TOP STORIES
Pandemic threatens fishing industry in Edinburgh as catches plummet
United Kingdom The amount of seafood brought to shore in Edinburgh fell 87% in April and May. The fishing industry in Edinburgh has seen a dramatic decline during the coronavirus pandemic. The amount of seafood br...
Expert: Without updating the fleet, national quotas can go to other states
Russia Fed. If the national reserves of aquatic biological resources are not developed, other states will apply for the right to extract them The need for a large-scale renewal of the fishing fleet of Russia, th...
Press Release: A better take on toothfishing – right down the line (video)
Norway When asked why a group of Norwegians would go all-in for longline fishing in Antarctic waters, oceans apart from their North Sea home base, Arne Birkeland has a disarmingly sincere reply: “We ar...
The Barents Sea area increased the volume of fish catches and exports
Russia Fed. In the Murmansk region, in the first six months of 2020, the volume of fish catch increased. It amounted to 339.4 thousand tons, which is 1.5% compare previous year. This is evidenced by the data of t...
 
Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
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. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
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
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
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly 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
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
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 - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
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
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2020 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER