Expansion of the Fully Farmed Bluefin Tuna Business
First written in FY2016. 7 of 31 entries say "Restated". Latest entry: 2026-07-27.
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- 2026-07-27AdvancedM&A and Subsidiary Changes
「The Company will further improve production efficiency by integrating the aquaculture technologies and expertise of the two companies.」
A specific measure was presented to improve production efficiency by transferring TAFCO’s aquaculture business to the Company and integrating the aquaculture technologies and expertise of both companies. - FY2025Lower aquaculture profit due to high water temperatures and soaring feed costsAnnual report
「The Aquaculture unit posted higher revenue due in part to higher selling prices for yellowtail and yellowtail amberjack, but lower profit due to delayed growth caused by high water temperatures and higher costs resulting from soaring feed and other expenses, among other factors.」
Although higher selling prices resulted in higher revenue, delayed growth caused by high water temperatures and soaring feed and other expenses reduced profit for the Aquaculture unit. - FY2025-H1Lower aquaculture profit due to high water temperatures and soaring feed costsAnnual report
「The Aquaculture unit posted lower revenue and profit due to delayed growth caused by high water temperatures and higher costs resulting from soaring feed and other expenses, among other factors.」
Delayed growth caused by high water temperatures and higher costs resulting from soaring feed and other expenses led to lower revenue and profit for the Aquaculture unit. - FY2024-Q3Lower profit for the Aquaculture unit due to higher costsAnnual report
「Although selling prices for tuna and yellowtail amberjack remained firm and revenue was roughly in line with the previous year, the Aquaculture unit posted lower profit due to higher costs resulting from soaring feed and other expenses.」
Selling prices for tuna and yellowtail amberjack remained firm, but higher costs due to soaring feed and other expenses resulted in lower profit for the Aquaculture unit. - FY2024-Q2Decline in profit for the Aquaculture unitAnnual report
「Although sales were roughly in line with the previous year due mainly to increased sales volumes of yellowtail and yellowtail amberjack and selling prices remaining high compared with the previous year, the Aquaculture unit posted lower profit due to higher costs resulting from soaring feed and other expenses.」
While sales volumes of yellowtail and yellowtail amberjack increased and selling prices remained high, higher costs due to soaring feed and other expenses resulted in lower profit for the Aquaculture unit. - FY2024-Q1Higher revenue and profit for the Aquaculture unitAnnual report
「The Aquaculture unit posted higher revenue and profit, mainly due to increased sales volumes of yellowtail and yellowtail amberjack and selling prices that remained high compared with the previous year.」
The Aquaculture unit posted higher revenue and profit due to increased sales volumes of yellowtail and yellowtail amberjack and high selling prices. No new milestone limited to fully farmed tuna is reported. - FY2023AdvancedAnnual report
「In seedling production research, the full-scale operation of Maruha Nichiro Aquaculture Technology Development Center Co., Ltd., reorganized in April 2020 as a new company under the jurisdiction of the Central Research Institute from the Minami-Satsuma Seedling Center under the Aquaculture Business Division, resulted in the production of 1.4 million yellowtail and 61,000 yellowtail amberjack in fiscal 2022, and the company has continued to build stable production technologies steadily. For yellowtail, eggs had previously been collected from wild broodstock, but the company has achieved full-cycle aquaculture by collecting eggs from first-generation artificially hatched broodstock better suited to aquaculture,」
Specific progress in the aquaculture business is reported: production of 1.4 million yellowtail and 61,000 yellowtail amberjack in fiscal 2022, and achievement of full-cycle aquaculture for yellowtail using first-generation artificially hatched broodstock. - FY2023-Q2Higher revenue and profit for the Aquaculture unitAnnual report
「The Aquaculture unit posted substantially higher revenue and profit due to increased sales volumes of yellowtail and yellowtail amberjack, mainly to mass retailers and the food-service sector, recovery in selling prices, and higher market prices for tuna and other major fish species.」
Increased sales volumes of yellowtail and yellowtail amberjack to mass retailers and the food-service sector, recovery in selling prices, and higher market prices for major fish species resulted in substantially higher revenue and profit for the Aquaculture unit. - FY2023-Q1Recovery in farmed-fish sales volumes and market pricesAnnual report
「The Aquaculture unit posted higher revenue and profit due to increased sales volumes of yellowtail and yellowtail amberjack, mainly to mass retailers and the food-service sector, recovery in selling prices from the decline during the COVID-19 pandemic, and further increases in market prices for major fish species.」
Increased sales volumes and recovery in selling prices and market prices are reported for the Aquaculture unit, but these are not equipment or volume milestones limited to fully farmed tuna. - FY2022AdvancedAnnual report
「Although the impact of COVID-19 on sales to the food-service and business-use channels remains, the Aquaculture unit reported higher revenue due to increased tuna sales volumes, mainly to major wholesalers and mass retailers, improved selling prices and higher yellowtail market prices. Together with lower tuna costs, these factors led to a substantial improvement in the unit's operating results.」
Increased tuna sales volumes, improved selling prices and lower costs led to a substantial improvement in the Aquaculture unit's operating results. - FY2022-Q2Narrowing of the aquaculture business lossAnnual report
「Although the impact of COVID-19 on sales to the food-service and business-use channels continues, the Aquaculture unit reported higher revenue and a narrower loss due to increased tuna sales volumes, mainly to major wholesalers and mass retailers, and higher yellowtail market prices.」
While the impact on sales to the food-service and business-use channels continued, increased tuna sales volumes to major wholesalers and mass retailers and higher yellowtail market prices resulted in higher revenue and a narrower loss for the Aquaculture unit. - FY2022-Q1Recovery in farmed-fish sales and decline in yellowtail amberjack pricesAnnual report
「Although sales of tuna, mainly to mass retailers, are on a recovery trend, the Aquaculture unit posted higher revenue but lower profit due to falling yellowtail amberjack market prices resulting from weak sales to the food-service and business-use channels.」
While tuna sales to mass retailers are recovering, weak sales to the food-service and business-use channels and falling yellowtail amberjack market prices resulted in higher revenue but lower profit for the Aquaculture unit. - FY2021AdvancedAnnual report
「In March 2021, the company agreed to collaborate with the Fisheries Research and Education Agency, a national research and development agency, on the development of basic and applied technologies for the selective breeding and improvement of fully farmed bluefin tuna.」
A specific development in the fully farmed bluefin tuna business is reported: an agreement to collaborate with an external organization on the development of basic and applied technologies for selective breeding and improvement. - FY2021-Q3Wider operating lossAnnual report
「For the third quarter of the consolidated fiscal year-to-date period, lower skipjack tuna catches in the purse-seine business and falling market prices for farmed fish due to the impact of COVID-19 resulted in revenue of ¥24,265 million, down 18.9% year on year, and an operating loss of ¥2,319 million, a decline of ¥2,370 million from the previous year, for the Fisheries and Aquaculture segment.」
Lower skipjack tuna catches and falling market prices for farmed fish due to COVID-19 caused revenue in the Fisheries and Aquaculture segment to decline, with the operating loss widening from ¥50 million in the previous year to ¥2,319 million. - FY2021-Q2Decline in farmed-fish sales and widening operating lossAnnual report
「For the second quarter of the consolidated fiscal year-to-date period, lower skipjack tuna catches in the purse-seine business, together with lower farmed-fish sales and falling market prices due to the impact of COVID-19, resulted in revenue of ¥14,538 million, down 24.3% year on year, and an operating loss of ¥1,461 million, a decline of ¥1,513 million from the previous year, for the Fisheries and Aquaculture segment.」
Lower skipjack tuna catches and lower farmed-fish sales and market prices due to COVID-19 caused revenue in the Fisheries and Aquaculture segment to decline, resulting in an operating loss of ¥1,461 million. - FY2021-Q1Decline in farmed-fish sales and operating lossAnnual report
「For the first quarter of the consolidated fiscal year-to-date period, lower skipjack tuna catches in the purse-seine business, together with lower farmed-fish sales and falling market prices due to the impact of COVID-19, resulted in revenue of ¥7,283 million, down 19.8% year on year, and an operating loss of ¥538 million, a decline of ¥681 million from the previous year, for the Fisheries and Aquaculture segment.」
In the Fisheries and Aquaculture segment, skipjack tuna catches declined, while COVID-19 caused lower farmed-fish sales and falling market prices, resulting in a shift from lower revenue to an operating loss. No withdrawal of the policy to expand the fully farmed tuna business is indicated. - FY2020-Q3Higher tuna shipments and deteriorating profitabilityAnnual report
「For the third quarter of the consolidated fiscal year-to-date period, revenue increased due to higher handling volumes of skipjack tuna and higher tuna shipments. However, higher tuna costs and lower skipjack tuna prices reduced margins, resulting in revenue of ¥29,904 million, up 11.2% year on year, and operating profit of ¥50 million, down 95.8%, for the Fisheries and Aquaculture segment.」
Revenue increased due in part to higher tuna shipments, while operating profit fell 95.8% year on year because of higher costs and lower fish prices. - FY2020-Q2Higher tuna shipments and deteriorating profitabilityAnnual report
「For the second quarter of the consolidated fiscal year-to-date period, revenue increased due to higher handling volumes of skipjack tuna and higher tuna shipments. However, lower catches of Patagonian toothfish, higher tuna costs and lower skipjack tuna prices reduced margins, resulting in revenue of ¥19,207 million, up 14.4% year on year, and operating profit of ¥52 million, down 93.0%, for the Fisheries and Aquaculture segment.」
Revenue increased due to higher tuna shipments, while margins declined because of higher tuna costs and lower skipjack tuna prices, resulting in a substantial decline in profit. - FY2020-Q1Higher farmed-fish shipments and lower fish pricesAnnual report
「For the first quarter of the consolidated fiscal year-to-date period, revenue increased due to higher shipments of yellowtail and yellowtail amberjack. However, lower catches of Patagonian toothfish and lower fish prices for tuna and skipjack tuna reduced margins, resulting in revenue of ¥9,082 million, up 5.8% year on year, and operating profit of ¥143 million, down 74.5%, for the Fisheries and Aquaculture segment.」
Higher shipments of yellowtail and yellowtail amberjack are reported, but the Fisheries and Aquaculture segment posted a substantial decline in profit due to lower fish prices for tuna and skipjack tuna, among other factors. No withdrawal of the policy to expand the fully farmed tuna business is indicated. - FY2019-Q3Deterioration in shipments and profit due to typhoons and other factorsAnnual report
「For the third quarter of the consolidated fiscal year-to-date period, revenue declined due to lower shipments of farmed bluefin tuna and lower handling volumes of skipjack tuna as a result of repeated typhoons and other factors. In addition, lower fish prices for tuna and skipjack tuna reduced margins, resulting in revenue of ¥26,894 million, down 8.6% year on year, and operating profit of ¥1,180 million, down 47.9%, for the Fisheries and Aquaculture segment.」
Lower shipments of farmed bluefin tuna, lower handling volumes of skipjack tuna and lower margins due to lower fish prices are reported as factors behind the decline in revenue and profit for the third quarter year to date. No withdrawal of the expansion policy is indicated. - FY2019-Q2Lower shipments due to typhoonsAnnual report
「For the second quarter of the consolidated fiscal year-to-date period, revenue declined due to lower shipments of farmed bluefin tuna and lower handling volumes of skipjack tuna as a result of repeated typhoons.」
The decline in farmed bluefin tuna shipments is attributed to the effects of typhoons. No withdrawal of the policy to expand the fully farmed tuna business is indicated. - FY2019-Q1Decline in shipment volumesAnnual report
「For the first quarter of the consolidated fiscal year-to-date period, revenue declined due to lower shipments of yellowtail amberjack and tuna. In addition, lower fish prices for tuna and skipjack tuna reduced margins, resulting in revenue of ¥8,587 million, down 6.3% year on year, and operating profit of ¥561 million, down 39.7%, for the Fisheries and Aquaculture segment.」
The quarter's lower shipments, revenue and profit for yellowtail amberjack and tuna, including fully farmed tuna, are reported. As no withdrawal of the expansion plan itself is indicated, this is treated as an update to shipment results. - FY2018RestatedAnnual report
「Revenue increased during the fiscal year due to higher fish prices in Fisheries and increased shipments in the Aquaculture business.」
The increase in aquaculture shipments is recorded as a full-year result, but no new equipment or volume milestone limited to fully farmed tuna is indicated. - FY2018-Q3RestatedAnnual report
「Revenue increased during the 9-month period of the third quarter of the current consolidated fiscal year due to higher fish prices in Fisheries and increased shipments in the Aquaculture business.」
Increased shipments in the Aquaculture business were cited as a factor behind higher revenue, but no new volume or facility milestones specific to fully farmed tuna were provided. - FY2018-Q2RestatedAnnual report
「Revenue increased during the 6-month period of the second quarter of the current consolidated fiscal year due to higher skipjack prices in the purse-seine fishery and increased shipments in the Aquaculture business.」
The company reported increased shipments in the Aquaculture business, but provided no new volume or facility milestones specific to fully farmed tuna. - FY2018-Q1AdvancedAnnual report
「Revenue increased during the 3-month period of the first quarter of the current consolidated fiscal year due to higher fish prices in Fisheries and increased shipments in the Aquaculture business.」
Although this does not represent progress in volumes or facilities limited to the fully farmed tuna business, the company reported higher revenue for the Aquaculture business as a whole due to increased shipments. - FY2017RestatedAnnual report
「Expansion of the Fully Farmed Bluefin Tuna Business」
It continues to be identified as a specific growth area, but no milestones for expansion in volumes, facilities or other areas during the current fiscal year have been provided. - FY2017-Q3RestatedAnnual report
「Expansion of the Fully Farmed Bluefin Tuna Business」
It continues to be identified as a growth initiative for the latter half of the medium-term plan. Meanwhile, shipments in the Aquaculture business declined during the 9-month period of the third quarter, and no new expansion milestones have been provided. - FY2017-Q2RestatedAnnual report
「Expansion of the Fully Farmed Bluefin Tuna Business」
It continues to be identified as a growth initiative for the latter half of the medium-term plan, but no new milestones for volumes or facilities have been provided. - FY2017-Q1RestatedAnnual report
「Expansion of the Fully Farmed Bluefin Tuna Business」
It continues to be identified as a growth initiative for the latter half of the medium-term plan, but no specific progress for the current quarter is disclosed. - FY2016First statedAnnual report
「Expansion of the Fully Farmed Bluefin Tuna Business」
It was identified for the first time as a specific target business on the growth path under the medium-term plan.