Decline in Frozen Seafood Handling Volume and Sales Losses on Frozen Shellfish
First written in FY2018-Q3. . Latest entry: FY2026-H1.
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- FY2026-H1Fresh fish and frozen products increased; processed products decreasedAnnual report
「Fresh fish 15,732 16,637 Frozen products 3,875 5,609 Processed products 5,702 4,235」
Year on year, the value of fresh fish and frozen products handled increased, while processed products declined. - FY2025Fresh fish and processed products up, frozen products downAnnual report
「The value of frozen seafood handled increased, partly because volumes handled, including chilled tuna, declined while average prices rose. The value of processed seafood handled also increased, as volumes handled, including dried whitebait, declined due to higher purchase prices resulting from soaring raw material, labor and logistics costs, as well as lower landings, while average prices rose.」
The value of frozen products handled increased despite lower volumes and higher unit prices, while higher unit prices offset the decline in processed product volumes. Changes in the product mix, including fresh fish, are continuing. - FY2025-H1Fresh fish and processed products up, frozen products downAnnual report
「Fresh fish 15,732 Frozen products 3,875 Processed products 5,702」
Year on year, fresh fish increased from ¥14,455 million to ¥15,732 million and processed products from ¥4,525 million to ¥5,702 million, while frozen products decreased from ¥5,060 million to ¥3,875 million. - FY2024Changes in the product mix of fresh fish, frozen products and processed productsAnnual report
「Although the handling volume of frozen marine products, including frozen bigeye tuna, declined, it was generally in line with the previous year. The handling value decreased, however, partly because frozen scallops and other products were strongly affected by China's import ban on Japanese marine products following the discharge of treated water from the Fukushima Daiichi Nuclear Power Station into the ocean. For processed marine products, handling volumes of dried whitebait, fried products and boiled firefly squid, among others, declined due to higher unit prices resulting from increases in raw material, labor and logistics costs. The handling volume decreased and the average unit price increased, but the handling value also decreased because of the decline in handling volume.」
While the handling value of fresh fish increased, the handling values of frozen and processed marine products decreased due to the import ban and rising costs, among other factors. - FY2024-Q3Fresh fish increased; frozen and processed products decreasedAnnual report
「Fresh fish 21,820 23,111 Frozen products 9,408 9,049 Processed products 7,958 7,026」
Compared with the same period of the previous year, fresh fish increased from ¥21,820 million to ¥23,111 million, while frozen products decreased from ¥9,408 million to ¥9,049 million and processed products from ¥7,958 million to ¥7,026 million. - FY2024-Q2Fresh fish increased; frozen and processed products decreasedAnnual report
「Fresh fish 13,027 14,455 Frozen products 6,463 5,060 Processed products 4,818 4,525」
Compared with the same period of the previous year, fresh fish increased from ¥13,027 million to ¥14,455 million, while frozen products decreased from ¥6,463 million to ¥5,060 million and processed products from ¥4,818 million to ¥4,525 million. - FY2023-Q3Fresh fish increased, frozen products decreased, and processed products increased slightlyAnnual report
「Fresh fish 19,380 21,820 Frozen products 10,221 9,408 Processed products 7,864 7,958」
Compared with the same period of the previous year, fresh fish increased from ¥19,380 million to ¥21,820 million and processed products from ¥7,864 million to ¥7,958 million, while frozen products decreased from ¥10,221 million to ¥9,408 million. - FY2023-Q2Handling volumes of fresh fish and frozen products increased, while processed products decreasedAnnual report
「Fresh fish 11,680 13,027 Frozen products 6,301 6,463 Processed products 5,069 4,818」
Compared with the same period of the previous year, fresh fish increased from ¥11,680 million to ¥13,027 million and frozen products from ¥6,301 million to ¥6,463 million, while processed products decreased from ¥5,069 million to ¥4,818 million. - FY2021Processed marine products increased on stay-at-home demandAnnual report
「The handling value of processed marine products, including grilled eel, salmon roe and boiled octopus, increased due to the impact of stay-at-home demand.」
While handling volumes of frozen marine products and high-priced fresh products continued to decline, the handling value of processed marine products increased on stay-at-home demand. - FY2020-Q3Specific details on declining handling volume and selling prices of frozen marine productsAnnual report
「Under these circumstances, the Group’s net sales amounted to ¥55,162 million, compared with net sales of ¥59,652 million in the same period of the previous year, due to lower handling volumes of frozen tuna and frozen salmon and trout, lower selling prices, and reduced catches of Pacific saury, autumn salmon and horse mackerel resulting from changes in fishing-ground conditions.」
The decline in handling volume of frozen marine products is attributed specifically to lower volumes of frozen tuna and frozen salmon and trout and lower selling prices as factors behind the decline in sales. - FY2020-Q2Specific causes of poor catches and declining distribution volume of frozen marine productsAnnual report
「Our group's net sales were ¥34,298 million (net sales in the same period of the previous year: ¥37,557 million), as we struggled to procure and sell products at Toyosu Market due to lower handling volumes caused by poor catches of saury and autumn salmon and other factors, as well as a decline in the distribution volume of frozen marine products.」
The decline in handling volume of frozen marine products is attributed specifically to poor catches of saury and autumn salmon and a decline in the distribution volume of frozen marine products. - FY2020-Q1Declining handling volume of frozen marine products continues to reduce salesAnnual report
「Our group's net sales decreased to ¥17,060 million (net sales in the same period of the previous year: ¥19,234 million) because the handling volume of frozen marine products declined from the same period of the previous year,」
The decline in the handling volume of frozen marine products continues to be a factor behind the decline in first-quarter sales. - FY2018-Q3First statedAnnual report
「Due to a decline in the handling volume of frozen marine products, including frozen tuna such as bigeye and yellowfin tuna and Chilean silver salmon, sales increased only slightly to ¥60,006 million (net sales in the same period of the previous year: ¥59,292 million), while earnings were affected not only by the aforementioned decline in sales but also by sales losses on frozen shellfish, including scallops, and other factors.」
The decline in handling volume of frozen tuna and Chilean silver salmon and sales losses on frozen shellfish, including scallops, are mentioned separately for the first time as factors contributing to deteriorating earnings during the nine months ended the third quarter.