Increasing Earnings in Global Markets
First written in FY2016. 21 of 39 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-08-04.
The whole theme swung hardest in 2020: 13 of 73 companies on the "Worse" side.
51 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Ingredients Distribution Business comprises the Seafood Trading Unit, which operates a sales network covering the procurement and market distribution of seafood in Japan and overseas; the Ingredients Distribution Unit, which manufactures and sells seafood and foodservice products for a range of business formats; and the Livestock and Agricultural Products Unit, which handles livestock and agricultural products in Japan and overseas. By bringing together the Group's procurement capabilities, processing technologies and ability to supply ingredients, the business proposes products that meet the needs of each business format.」
In the Ingredients Distribution Business, earnings from the European subsidiary acquired in May 2025 contributed to higher revenue, and the expansion of the global procurement and sales network was reflected in full-year results. Profit nevertheless declined due to higher costs and other factors. - FY2026-H1AdvancedAnnual report
「The Ingredients Distribution Business comprises the Seafood Trading Unit, which operates a sales network covering the procurement and market distribution of seafood in Japan and overseas; the Ingredients Distribution Unit, which manufactures and sells seafood and foodservice products for a range of business formats; and the Livestock and Agricultural Products Unit, which handles livestock and agricultural products in Japan and overseas. By bringing together the Group's procurement capabilities, processing technologies and ability to supply ingredients, the business proposes products that meet the needs of each business format.」
In addition to transferring the European business to the Ingredients Distribution Business, the European subsidiary acquired in May 2025 contributed to higher revenue and profit in that business. The global procurement and sales network is being reorganized within the Ingredients Distribution Business. - FY2025Higher revenue and profit in the overseas business, with regional differences in profitabilityAnnual report
「In North America, revenue increased due to higher handling volumes of products such as crab. However, despite an upward trend in market prices for the core walleye pollock surimi and fillets, profit declined partly because market prices for fishmeal and fish oil fell. In Europe, revenue and profit increased as the company focused on selling high-margin products and expanded handling volumes. Overall, revenue and profit increased.」
North America handled higher volumes but posted lower profit, while Europe posted higher revenue and profit through sales of high-margin products and expanded handling volumes. The overseas business overall posted higher revenue and profit, although profitability differed by region. - FY2025-H1Higher revenue but lower profit for the overseas unitAnnual report
「In North America, revenue increased due to higher sales volumes of products such as Atlantic cod, but profit declined because market conditions for the core walleye pollock products, surimi and fillets, remained weak, reducing profit margins. In Europe, revenue and profit increased as the company focused on selling high-margin products and sought to expand sales volumes. Overall, revenue increased but profit declined.」
Performance in the North American and European overseas businesses varied by region, with some reporting higher revenue and profit and others lower profit, resulting overall in higher revenue but lower profit. - FY2025-H1Higher revenue but lower profit for the overseas unitAnnual report
「In North America, revenue increased due to higher sales volumes of products such as Atlantic cod, but profit declined because market conditions for the core walleye pollock products, surimi and fillets, remained weak, reducing profit margins. In Europe, revenue and profit increased as the company focused on selling high-margin products and sought to expand sales volumes. Overall, revenue increased but profit declined.」
In North America, sales volumes of Atlantic cod products increased, while profit declined due to weak market conditions for the core walleye pollock products. Europe posted higher revenue and profit by focusing on high-margin products and expanding sales volumes, but the overseas-related businesses overall posted higher revenue and lower profit. - FY2024-Q3Lower revenue and profit for the overseas unitAnnual report
「In North America, supply increased partly because Alaska's walleye pollock catch quota was raised, but revenue and profit declined amid weak market conditions for surimi and fillets due to delays in sales and lower unit prices. In Europe, the UK seafood processing and sales company and the Dutch food wholesaler acquired as subsidiaries last year performed steadily, resulting in higher revenue and profit. In Asia, sales of Thai pet food were sluggish due to inventory adjustments in North America, its main market, resulting in lower revenue and profit. Overall, the overseas unit posted higher revenue but lower profit.」
The European subsidiaries posted higher revenue and profit, while delays in North American sales, lower unit prices and sluggish Thai pet food sales resulted in higher revenue but lower profit for the overseas unit overall. - FY2024-Q2Higher revenue but lower profit for the overseas unitAnnual report
「In North America, supply increased partly because Alaska's walleye pollock catch quota was raised, but profit declined amid weak market conditions for surimi and fillets due to delays in sales and lower unit prices. In Europe, the UK seafood processing and sales company and the Dutch food wholesaler acquired as subsidiaries last fiscal year performed steadily, resulting in higher revenue and profit. In Asia, Thai pet food posted lower revenue and profit due to inventory adjustments in North America, its main market. Overall, the overseas unit posted higher revenue but lower profit.」
The overseas unit posted higher revenue, supported by increased supply in North America and steady sales by the European subsidiaries, but profit declined overall due to delays in North American sales, lower unit prices and inventory adjustments affecting Thai pet food. - FY2024-Q1Higher revenue but lower profit for the overseas unitAnnual report
「In North America, supply increased partly because Alaska's walleye pollock catch quota was raised, but profit declined amid weak market conditions due to delays in sales. In Europe, the UK seafood processing and sales company and the Dutch food wholesaler acquired as subsidiaries last fiscal year performed steadily, resulting in higher revenue and profit. In Asia, sales of Thai pet food were sluggish due to inventory adjustments in North America, its main market, resulting in lower revenue and profit. Overall, the overseas unit posted higher revenue but lower profit.」
In North America, supply of walleye pollock increased, but profit declined due to delays in sales. The European subsidiaries posted higher revenue and profit, while Thai pet food in Asia posted lower revenue and profit due to inventory adjustments in North America, resulting in higher revenue but lower profit for the overseas business overall. - FY2023AdvancedAnnual report
「In addition, we plan to combine this with programs such as the Management Leadership Talent Development Program, conducted by management level after selecting talent from among department managers, section managers and non-managerial employees, to develop talent that will contribute to achieving overseas sales of ¥215 billion and an overseas sales ratio of 22.4% in fiscal 2024.」
For the growth of the overseas business, new numerical targets of overseas sales of ¥215 billion and an overseas sales ratio of 22.4% in fiscal 2024 were specified, along with talent development as the means of achieving them. - FY2023-Q3AdvancedAnnual report
「The overseas unit recorded higher net sales and operating profit in North America, as improved production efficiency and newly acquired Alaska walleye pollock resources contributed to increased production, while sales prices rose in a firm market. Europe recorded higher net sales and operating profit through procurement and sales responding to growing seafood demand, the acquisition of a British seafood processing and sales company, and the conversion of a Dutch food wholesaler into a subsidiary through an additional investment. Asia recorded higher net sales and operating profit as Thailand’s pet food sales to North America remained strong and the dollar appreciated against the baht. Overall, the unit recorded higher net sales and operating profit.」
The company noted that newly acquired walleye pollock resources and improved production efficiency contributed to increased production in North America, the acquisition of a British seafood processing and sales company and the conversion of a Dutch food wholesaler into a subsidiary supported Europe, and strong pet food sales to North America supported Asia. The overseas business as a whole recorded higher net sales and operating profit. - FY2023-Q2RestatedAnnual report
「The overseas unit recorded higher net sales and operating profit in North America, as improved production efficiency and newly acquired Alaska walleye pollock resources contributed to increased production, while sales prices rose in a firm market. Europe recorded higher net sales and operating profit through procurement and sales responding to growing seafood demand. Asia recorded higher net sales and operating profit as Thailand’s pet food sales to North America remained strong. Overall, the unit recorded higher net sales and operating profit.」
The company continues to expand overseas earnings through North American walleye pollock resources, procurement and sales in Europe, and sales of Thai pet food. - FY2022AdvancedAnnual report
「The overseas unit worked to secure earnings in global markets in response to growing global demand for seafood and processed foods. North America recorded lower net sales and higher operating profit following the withdrawal from the unprofitable salmon trout business and higher sales prices for walleye pollock products. Europe recorded a substantial increase in net sales and operating profit following the conversion of a sales company into a subsidiary through an additional investment and increased sales. Asia recorded higher net sales following the acquisition of a Vietnamese processing and sales company, while Thailand’s pet food business recorded higher profit because of lower raw material prices and increased sales. Overall, the unit recorded higher net sales and operating profit.」
The overseas unit as a whole recorded higher net sales and operating profit, driven by the withdrawal from the salmon trout business in North America, the shift to the walleye pollock business, the conversion of the European sales company into a subsidiary, the acquisition in Vietnam, and increased sales in Thailand’s pet food business. - FY2022-Q3AdvancedAnnual report
「As a result of this acquisition, the share of access to onshore quotas will increase from 31% to 41%, giving the onshore business the leading market share.」
The acquisition of walleye pollock operating assets expanded the share of access to North American onshore quotas from 31% to 41%, specifically strengthening the earnings base and resource access of the North American business. - FY2022-Q2RestatedAnnual report
「The overseas unit worked to secure earnings in global markets in response to growing global demand for seafood and processed foods. North America recorded lower net sales and higher operating profit following the withdrawal from the unprofitable salmon trout business. Europe recorded higher net sales and operating profit following the conversion of a sales company into a subsidiary through an additional investment and increased sales driven by expectations for post-COVID-19 recovery. Asia recorded higher net sales but lower operating profit after the utilization rate of the Thai production plant declined because of the impact of COVID-19 on the Thai pet food business. Overall, the unit recorded higher net sales and operating profit.」
The company continues its overseas expansion, including the withdrawal from the salmon trout business in North America, the conversion of the European sales company into a subsidiary, and the acquisition of a Vietnamese processing and sales company. Although lower plant utilization in Thailand was a factor reducing profit, the overseas unit as a whole recorded higher net sales and operating profit. - FY2022-Q1AdvancedAnnual report
「The overseas unit worked to secure earnings in global markets in response to growing global demand for seafood and processed foods. North America recorded lower net sales and higher operating profit following the withdrawal from the unprofitable salmon trout business. Europe recorded higher net sales and operating profit following the conversion of a sales company into a subsidiary through an additional investment and increased sales driven by expectations for post-COVID-19 recovery. Asia recorded higher net sales and operating profit, supported by strong performance in Thailand’s pet food business and the acquisition of a processing and sales company in Vietnam.」
The company states that specific overseas initiatives, including withdrawing from the unprofitable salmon trout business in North America, converting the European sales company into a subsidiary through an additional investment, and acquiring a Vietnamese processing and sales company, contributed to improved earnings. - FY2021Lower net sales and higher operating profit in overseas operationsAnnual report
「As a result, overseas operations recorded net sales of ¥154,343 million, down 6.3% year on year, and operating profit of ¥5,129 million, up 21.1%.」
Overseas operations recorded lower net sales and higher operating profit for the full year. Strong performance in Thailand’s pet food business supported profit growth, while the company also cited falling market prices for mackerel, slower sales in Europe and the United States, and higher production costs in Alaska. - FY2021-Q3Lower net sales and higher operating profit in overseas operationsAnnual report
「As a result, overseas operations recorded net sales of ¥117,090 million, down 3.3% year on year, and operating profit of ¥5,035 million, up 39.1%.」
Overseas net sales declined while operating profit increased 39.1%. Thailand’s pet food business recorded higher profit, supported by lower raw material prices, a weaker baht against the US dollar, and strong demand, while the North America and Europe unit recorded lower profit because of slower sales and higher production costs. - FY2021-Q2AdvancedAnnual report
「The Asia and Oceania unit recorded slightly lower net sales but higher operating profit, supported by strong performance in Thailand’s pet food business and strong catches in Australia. The North America and Europe unit recorded lower net sales because of lower domestic surimi handling volumes, falling unit prices for roe, and slower European sales amid the COVID-19 pandemic, but operating profit increased because sales of crab sticks and canned salmon to mass retailers in the United States were strong. As a result, overseas operations recorded net sales of ¥75,108 million, down 5.0% year on year, and operating profit of ¥4,705 million, up 55.0%.」
Although overseas operations recorded lower net sales, operating profit increased 55.0% year on year, driven by Thailand’s pet food business, catches in Australia, and sales to mass retailers in the United States. - FY2021-Q1AdvancedAnnual report
「The Asia and Oceania unit recorded slightly lower net sales because of foreign-exchange translation effects but significantly higher profit, supported by strong performance in Thailand’s pet food business, strong catches and cost reductions in New Zealand. The North America and Europe unit recorded lower net sales and operating profit because of falling surimi prices, delays in sales to Japan, and delays in the production and sale of Alaska snow crab. As a result, overseas operations recorded net sales of ¥37,554 million, down 7.7% year on year, and operating profit of ¥2,019 million, up 47.7%.」
Although overseas operations recorded lower net sales overall, operating profit increased 47.7% year on year, driven by Thailand’s pet food business and strong catches and cost reductions in New Zealand. The North America and Europe unit recorded lower net sales and operating profit because of falling prices and delays in sales and production. - FY2020-Q3Decline in revenue and operating profit in the overseas businessAnnual report
「Although sales of Japanese bluefish exports and other products did not grow from the previous year, strong catches in New Zealand and improved operating efficiency following capacity expansion in Thailand’s pet food business resulted in lower net sales and higher operating profit for the overseas unit. The North American unit recorded higher net sales at its European sales company through active selling, but lower catches of salmon trout in North America, lower market prices for Chilean coho salmon, lower crab handling volumes in eastern Canada, and lower handling volumes resulting from cod quota reductions resulted in lower net sales and operating profit overall. As a result, overseas operations recorded net sales of ¥122,469 million, down 8.5% year on year, and operating profit of ¥3,561 million, down 41.8%.」
Although factors such as improved operating efficiency following capacity expansion in Thailand supported profit growth in part, lower North American catches, falling market prices, and quota reductions resulted in lower net sales and operating profit overall for overseas operations. - FY2020-Q2AdvancedAnnual report
「Although sales of Japanese bluefish exports and other products fell sharply from the previous year, strong catches in New Zealand and improved operating efficiency following capacity expansion in Thailand’s pet food business resulted in lower net sales and higher operating profit for the overseas unit. The North American unit recorded higher net sales at its European sales company through active selling, but lower handling volumes resulting from cod quota reductions, lower crab handling volumes in eastern Canada, lower salmon trout sales volumes, and market price declines resulted in lower net sales and operating profit overall. As a result, overseas operations recorded net sales of ¥80,235 million, down 3.6% year on year, and operating profit of ¥2,989 million, up 7.7%.」
Although exports of Japanese bluefish declined and North American quotas and market prices fell, strong catches in New Zealand, improved operating efficiency following capacity expansion in Thailand, and active sales in Europe resulted in higher operating profit for overseas operations. - FY2020-Q1AdvancedAnnual report
「Although sales of Japanese bluefish exports and other products did not grow from the previous year, strong catches in New Zealand and improved operating efficiency following capacity expansion in Thailand’s pet food business resulted in higher operating profit. As a result, overseas operations recorded net sales of ¥41,612 million, up 0.2% year on year, and operating profit of ¥1,385 million, up 29.4%.」
Capacity expansion in Thailand’s pet food business improved operating efficiency, resulting in higher operating profit for overseas operations. The company also noted the impact of quota reductions and lower handling volumes in North America. - FY2019-Q3AdvancedAnnual report
「The overseas unit recorded higher net sales and lower operating profit because, although the pet food business in Thailand and the addition of 1 operating fishing vessel in New Zealand contributed to higher sales, catches of key species in New Zealand and Australia were weak and Thai shrimp, a major export product, faced competition from other countries. The North American unit recorded higher net sales and operating profit owing to efficient production of walleye pollock surimi and fillets, steady sales mainly in Japan, Europe, and the United States, and expanded sales of shrimp, octopus, and other products in Europe, despite poor salmon catches in Alaska. As a result, overseas operations recorded net sales of ¥133,908 million, up 7.0% year on year, and operating profit of ¥6,114 million, up 0.4%.」
Overseas operations recorded higher net sales and operating profit than in the previous-year period, driven by the addition of 1 operating fishing vessel in New Zealand, efficient production of North American products, and expanded sales in Europe. The company also noted weak catches and intensifying competition for exports. - FY2019-Q2AdvancedAnnual report
「The overseas unit recorded higher net sales and lower operating profit because, although the pet food business in Thailand, exports of Japanese seafood, and the addition of 1 operating fishing vessel in New Zealand contributed to higher sales, catches in New Zealand and Australia were weak and the Thai baht appreciated against the US dollar. The North American unit recorded higher net sales and operating profit owing to efficient production of walleye pollock surimi, steady sales mainly in Japan, Europe, and the United States, and expanded sales of shrimp, octopus, and other products in Europe. As a result, overseas operations recorded net sales of ¥83,228 million, up 5.4% year on year, and operating profit of ¥2,776 million, down 19.9%.」
Specific initiatives, including adding 1 operating fishing vessel in New Zealand, exporting Japanese seafood, and expanding shrimp and octopus sales in Europe, progressed. However, the overseas business as a whole recorded higher net sales and lower operating profit because of weak catches and the appreciation of the Thai baht. - FY2019-Q1AdvancedAnnual report
「The Overseas unit recorded higher sales but lower earnings overall. Exports of Japanese seafood and the addition of an operating vessel in New Zealand contributed to higher sales, but Australian catches were held in inventory for use as processing raw material and the Thai business recorded lower sales and earnings due to the stronger Thai baht.」
Specific expansion measures, including exports of Japanese seafood and adding an operating vessel in New Zealand, advanced. However, inventory holdings in Australia and the stronger Thai baht resulted in higher sales but lower earnings for overseas operations overall. - FY2018AdvancedAnnual report
「As a result, overseas operations recorded net sales of ¥165,324 million, up 13.1% year on year, and operating income of ¥8,607 million, up 7.6%.」
Overseas operations recorded higher sales and earnings for the full year, exceeding the previous year in terms of results from securing earnings in global markets. - FY2018-Q3RestatedAnnual report
「Overseas operations comprise “Overseas,” which sells seafood and processed foods in China and Thailand while strengthening its platform in Oceania, and “North America,” which sells North American products, mainly surimi, in Japan, North America, and Europe. In response to growing global demand for seafood and processed foods, we worked to secure earnings in global markets.」
The policy of securing earnings in global markets through China, Thailand, Oceania, and North America continued. Overseas operations recorded higher sales but lower operating income. - FY2018-Q2RestatedAnnual report
「Overseas operations comprise “Overseas,” which sells seafood and processed foods in China and Thailand while strengthening its platform in Oceania, and “North America,” which sells North American products, mainly surimi, in Japan, North America, and Europe. In response to growing global demand for seafood and processed foods, we worked to secure earnings in global markets.」
The policy of securing earnings in global markets through China, Thailand, Oceania, and North America continued. Net sales increased, while operating income declined due to higher raw material prices and fishing closures and quota reductions, so this was not treated as unidirectional progress. - FY2018-Q1AdvancedAnnual report
「Overseas operations comprise “Overseas,” which sells seafood and processed foods in China and Thailand while strengthening its platform in Oceania, and “North America,” which sells North American products, mainly surimi, in Japan, North America, and Europe. In response to growing global demand for seafood and processed foods, we worked to secure earnings in global markets. Under “Overseas,” exports of frozen seafood products manufactured in Thailand to Europe and the United States increased. In addition, higher sales volumes and prices for catches by an Australian fishing company resulted in higher sales and earnings. Under “North America,” sales of Pacific cod and salmon and trout remained solid, but lower production resulting from the closure of the U.S. Bering Sea snow crab fishery led to higher sales but lower earnings. As a result, overseas operations recorded net sales of ¥39,880 million, up 9.2% year on year, and operating income of ¥2,312 million, up 20.9%.」
Higher exports of Thai products to Europe and the United States and increased sales volumes and prices at the Australian fishing company lifted overseas net sales and operating income. North America, however, experienced lower production due to the snow crab fishery closure. - FY2017RestatedAnnual report
「Amid expectations of growing global demand for seafood and processed foods, we regard growth in global markets as a key strategy for achieving sustainable growth and will expand investment to strengthen core earnings businesses and invest in new opportunities.」
The Group continued identifying global growth as a key strategy and indicating increased investment in core earnings businesses and new opportunities. - FY2017-Q3RestatedAnnual report
「Overseas operations comprise “Overseas,” which sells seafood and processed foods in China and Thailand while strengthening its platform in Oceania, and “North America,” which sells North American products, mainly surimi, in Japan, North America, and Europe. In response to growing global demand for seafood and processed foods, we worked to secure earnings in global markets.」
The policy of securing earnings in global markets through China, Thailand, Oceania, and North America continued. Overseas net sales fell 7.4% year on year while operating income rose 45.1%, so progress in expanding earnings was not unidirectional. - FY2017-Q2RestatedAnnual report
「Overseas operations comprise “Overseas,” which sells seafood and processed foods in China and Thailand while strengthening its platform in Oceania, and “North America,” which sells North American products, mainly surimi, in Japan, North America, and Europe. In response to growing global demand for seafood and processed foods, we worked to secure earnings in global markets.」
The Group continued securing earnings in global markets through its regional and business platforms in China, Thailand, Oceania, and North America. While overseas net sales declined, operating income rose 104.2% year on year, so this was not treated as unidirectional progress. - FY2017-Q1RestatedAnnual report
「As a result, overseas operations recorded net sales of ¥36,518 million, down 5.5% year on year, and operating income of ¥1,913 million, up 191.6%.」
The Group continued efforts to secure earnings from overseas operations. Quarterly net sales declined while operating income increased, so the results do not indicate one-way progress in expanding global earnings. - FY2016First statedAnnual report
「We regard growth in global markets as a key strategy for achieving sustainable growth and will expand investment to strengthen core earnings businesses and invest in new opportunities.」
Against a backdrop of growing global demand for seafood and processed foods, the Group linked increased investment in existing earnings businesses with investment in new opportunities.