Food sales initiatives, company-wide rollout of products that leverage strengths, and strengthening overseas transactions
First written in FY2016. 19 of 28 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2025.
13 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In fishery products, handling volumes increased on strong catches of sardines, mackerel and other species in local fishing grounds in Kyushu and western Japan, securing higher revenue and profit.」
The expansion of locally sourced and coastal products took concrete shape through increased handling volumes of sardines, mackerel and other species from Kyushu and western Japan, resulting in higher revenue and profit in fishery products. - FY2025-H1AdvancedAnnual report
「Handling of core products such as mackerel, octopus and shrimp also increased, contributing to profit.」
In fishery products within food sales, increased handling of mackerel, octopus and shrimp made a concrete contribution to profit. - FY2024-Q2AdvancedAnnual report
「Handling volumes of tuna and sardines also increased, resulting in higher revenue and profit, while handling of sardines for use as feed and mackerel also increased.」
The expansion of food sales handling took concrete shape through higher revenue and profit from tuna and sardines, as well as increased handling of sardines for use as feed and mackerel. - FY2024-Q1AdvancedAnnual report
「Export handling of locally caught sardines and mackerel from the Kyushu area, as well as bigeye tuna following a strong catch in Kesennuma, increased.」
The expansion of commercial products and overseas transactions in food sales took concrete shape through increased export handling of sardines and mackerel from the Kyushu area and bigeye tuna from Kesennuma. - FY2023AdvancedAnnual report
「In fishery products, handling volumes increased for commercial products such as Peruvian squid and Norwegian salmon, as well as locally caught sardines and mackerel for use as feed, and for bigeye tuna following a strong catch in Kesennuma. Profit recovered in the third quarter.」
Expanded handling of commercial and locally sourced products made concrete progress through increased sales of Peruvian squid, Norwegian salmon, sardines, mackerel and bigeye tuna, along with profit recovery in the third quarter. - FY2023-Q3AdvancedAnnual report
「Pork generated higher revenue and profit as sales channels to mass retailers expanded and demand from the food-service industry recovered. Chicken generated higher revenue but lower profit as the supply-demand balance deteriorated, resulting in higher revenue but lower profit for livestock products overall.」
For pork, expanded sales channels to mass retailers and recovering food-service demand led to higher revenue and profit. Chicken, on the other hand, generated higher revenue but lower profit due to deterioration in the supply-demand balance. - FY2023-Q2AdvancedAnnual report
「The expansion of sales channels for salmon, a commercial product being developed under the medium-term management plan, progressed. Many other species, including imported mackerel, squid and eel, also continued to deliver higher revenue and profit, while trilateral trade remained strong.」
Sales-channel expansion for salmon progressed, while several products including imported mackerel, squid and eel, as well as trilateral trade, remained strong. - FY2023-Q1AdvancedAnnual report
「Sales expansion for business products, including salmon and trout and Norwegian mackerel, progressed steadily under the medium-term management plan, resulting in higher revenue and profit and contributing to earnings.」
The expansion of commercial-product sales made concrete progress through higher revenue and profit from salmon and Norwegian mackerel, as well as their contribution to profit. - FY2022AdvancedAnnual report
「In seafood products, cooperation with production sites and overseas partners, initiatives under the medium-term management plan, progressed. In particular, stronger trading with the Hofseth Group in Norwegian salmon expanded sales to domestic mass retailers, restaurants and other customers. Sales of business products such as fish roe and Peruvian squid in Japan and overseas also made a significant contribution to profit.」
Cooperation with overseas partners, stronger Norwegian salmon transactions and expanded domestic and overseas sales of commercial products contributed to profit. - FY2022-Q3AdvancedAnnual report
「In fishery products, we sought to strengthen coordination between production areas and sales offices in consumer markets, a key initiative under the medium-term management plan, and promoted expanded sales of commercial products such as Norwegian salmon. We also expanded overseas sales channels, particularly for scallops. As a result, sales of many products, including salmon and trout, shrimp, octopus, sardines, eel and roe, grew substantially both in Japan and through exports, contributing to profit.」
The company strengthened coordination between production areas and sales offices in consumer markets, expanded commercial products such as Norwegian salmon, and expanded overseas sales channels, particularly for scallops. Domestic and export sales grew across numerous fishery product categories. - FY2022-Q2AdvancedAnnual report
「In fishery products, we promoted export expansion, a key initiative under the medium-term management plan. Together with the synergies from Kesennuma Sorting Spot II, which was completed in July of the previous year, this drove substantial growth in sales of sardines, mackerel, scallops and roe. In Japan, we also strengthened sales of commercial products such as Norwegian salmon, primarily through mass retailers, resulting in higher revenue and profit.」
Export expansion made concrete progress through sales growth in sardines, mackerel and other products driven by synergies with Kesennuma Sorting Spot II, as well as stronger sales of products such as Norwegian salmon to mass retailers. - FY2021AdvancedAnnual report
「Overseas, we will secure value-added fishery resources, including Norwegian salmon. In Japan, we will build state-of-the-art sorting and freezing facilities at one of the country's leading fishing ports and establish a business model under which we handle the entire process in-house, from purchasing, freezing and storing fishery products through to sales. We will focus on our commercial-products business, which has our own procurement and sales channels in Japan and overseas, and work to secure resource procurement routes and expand sales channels, including exports.」
The strengthening of overseas procurement for food sales has taken concrete shape through securing value-added resources such as Norwegian salmon and establishing an integrated model covering sorting, freezing, storage and sales at a domestic fishing port. - FY2021-Q1AdvancedAnnual report
「Since the absorption-type merger of a consolidated subsidiary in the previous fiscal year, thorough inventory management and profit-focused sales have resulted in lower revenue but higher profit for marine, livestock and agricultural products.」
The focus on profitability in food sales was demonstrated by concrete results, including thorough inventory management following the merger and higher profit despite lower revenue. - FY2020RaisedAnnual report
「Accelerate market research and local sales. Set the target overseas sales ratio at 20% or more by 2030.」
As part of efforts to strengthen overseas transactions, the company newly set a quantitative target of an overseas sales ratio of 20% or more in 2030, in addition to accelerating market research and local sales. - FY2020-Q3RestatedAnnual report
「Agricultural products recorded flat profit despite lower revenue, as sales of the main product category, potatoes, focused on profitability.」
In food sales, agricultural products generated lower revenue, but profit was maintained at roughly the same level through a sales strategy focused on profitability. - FY2020-Q1AdvancedAnnual report
「In agricultural products, handling of processed-food ingredients such as pumpkins and carrots increased, resulting in slight increases in revenue and profit.」
In the food sales business, expanded handling of processed-food ingredients such as pumpkins and carrots led to higher revenue and profit. - FY2019AdvancedAnnual report
「Meanwhile, seafood landed in Japan is in demand overseas, and the country is currently focusing on exports as a national priority. As only a limited number of companies, including ours, have auction purchasing rights at landing sites and frozen food plants, we will focus on procuring and exporting seafood of stable quality, something that our company is uniquely positioned to do.」
Strengthening overseas transactions expanded into the specific initiative of stable procurement and export of Japanese seafood by utilizing auction purchasing rights at landing sites and frozen food plants. - FY2019-Q3RestatedAnnual report
「The primary cause of the decline in revenue was a change in the recognition criteria for the salmon and trout export business from Norway to Europe and the United States.」
For the salmon and trout export business from Norway to Europe and the United States, the change in recognition criteria continues to be cited as the primary cause of the decline in revenue. - FY2019-Q2RestatedAnnual report
「The decline in revenue was due to a change in the recognition criteria for the salmon and trout export business from Norway to Europe and the United States.」
For the salmon and trout export business from Norway to Europe and the United States, the change in the transaction structure and recognition criteria continues to be cited as a cause of the decline in revenue. - FY2019-Q1RestatedAnnual report
「The decline in salmon and trout revenue was due to a change in the transaction structure for the export business from Norway to Europe and the United States, as stated in the "Notice Concerning Revisions to the Medium-Term Management Plan" disclosed on 14 November 2018.」
For the export business of salmon and trout from Norway to Europe and the United States, the change in transaction structure associated with measures to address foreign exchange fluctuations and other factors continues to be cited as a cause of the decline in salmon and trout revenue. - FY2018ReframedAnnual report
「The decline in revenue resulted from a change in the transaction structure for the export business from Norway to Europe and the United States as part of measures to address foreign exchange fluctuations.」
It was specified that the transaction structure for exports from Norway to Europe and the United States was changed to address foreign exchange fluctuations as part of strengthening overseas sales. - FY2018-Q3RestatedAnnual report
「In seafood, exports of salmon, trout and mackerel contributed to earnings」
Exports of salmon, trout and mackerel continued to contribute to earnings as a result of strengthened overseas transactions. - FY2018-Q2AdvancedAnnual report
「Revenue and earnings increased as the trout farming business in Norway and exports of salmon, trout and mackerel contributed to earnings.」
The contribution to earnings from the trout farming business and exports of salmon, trout and mackerel was described as specific progress in strengthening overseas transactions. - FY2017RaisedAnnual report
「Regarding its overseas strategy, the Group is actively expanding by extending procurement and sales channels to avoid concentration risk, expanding contract processing from the perspective of cost competitiveness, and pursuing transactions that take account of supply-demand gaps.」
The strengthening of overseas transactions was made specific and expanded into an overseas strategy covering the expansion of procurement and sales channels, the expansion of contract processing, and responses to supply-demand gaps. - FY2017-Q3AdvancedAnnual report
「In marine products, the salmon and trout category led the business, with profitability improving substantially on higher exports as joint ventures in Norway advanced for major products.」
Increased exports of salmon and trout and a significant improvement in earnings in the joint venture in Norway were described as specific progress in strengthening overseas transactions. - FY2017-Q2AdvancedAnnual report
「In seafood, earnings improved in key product lines, including salmon and trout, accompanied by increased exports, driving the category.」
Improved earnings accompanied by increased exports of salmon and trout were described as specific progress in strengthening overseas transactions. - FY2017-Q1AdvancedAnnual report
「Pork sales increased and earnings rose, driven by measures including expanding sales channels for branded pork, a strong product line.」
For branded pork, positioned as a strong product line, expansion of sales channels was advanced as a specific measure, resulting in higher revenue and earnings. - FY2016First statedAnnual report
「The food sales business has adopted “focusing on relationship-based business to establish stable earnings” as its business operating policy, and will seek to roll out products in which it has particular strengths across the Group and strengthen overseas transactions.」
The development of businesses designed to generate stable revenue, the company-wide rollout of strong product lines, and the strengthening of overseas transactions have been outlined as measures.