Risks to the aquaculture business from natural disasters and fish diseases
First written in FY2021. 1 of 3 entries say "Materialised", first in FY2026-H1. Latest entry: FY2026.
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- FY2026MitigatedAnnual report
「Although sales volume declined and production costs rose because growth was delayed by the effects of prolonged high seawater temperatures, selling prices rose significantly because inventories nationwide were low, among other factors, resulting in higher revenue and profit.」
Although delayed growth caused by high seawater temperatures and higher costs occurred, the aquaculture business improved from a ¥451 million loss in the previous year to a ¥2,085 million profit as a result of higher selling prices. - FY2026-H1MaterialisedAnnual report
「Although the main farmed product, yellowtail, experienced a decline in sales volume and an increase in production costs due to delayed growth caused by prolonged high seawater temperatures, the selling price rose significantly because inventories nationwide were low, among other factors, and」
Delayed growth caused by prolonged high seawater temperatures actually occurred, affecting aquaculture business performance through lower sales volumes and higher production costs. - FY2021First statedAnnual report
「Accordingly, to prepare for the marine escape or death of farmed fish resulting from typhoons, tsunamis, red tides, fish diseases and other events, we operate the business with a focus on distributing aquaculture sites across 6 locations, installing aquaculture facilities designed to mitigate the effects of natural disasters, adopting feeding methods that help preserve the marine environment, reducing stocking density, and enhancing the management of farmed fish growth. In addition, we have taken out liability insurance covering farmed fish up to a specified limit.」
The Company systematically described for the first time the risks specific to the aquaculture business and its responses through the distribution of aquaculture sites across 6 locations, facilities, feeding methods, stocking density, growth management and insurance.