Nissui Corporation
TypePublic KK
TYO: 1332
Nikkei 225 Component
Industry
FoundedShimonoseki, Yamaguchi, Japan (1911 (1911))
FounderIchiro Tamura
HeadquartersNishi-Shimbashi Square, 1-3-1, Nishi-Shimbashi, Minato-ku, Tokyo 105-8676, Japan
Area served
Worldwide
Key people
Shingo Hamada, (CEO and President)
Products
RevenueIncrease $ 6.03 billion (FY 2012) (¥ 566.858 billion) (FY 2012)
Decrease $ -50.94 million (FY 2012) (¥ -4.789 billion) (FY 2012)
Number of employees
10,175 (consolidated) (as of March 31, 2013)
WebsiteOfficial website
Footnotes / references
[1][2][3]

Nissui Corporation (株式会社ニッスイ, Kabushiki-gaisha Nissui), is a marine products company based in Japan. It had annual revenues of US$5.1 billion in 2014.[4] Until November 30, 2022, the company name will be Nippon Suisan Kaisha Ltd. (日本水産株式会社, Nippon Suisan Kabushiki-gaisha). The company was established in 1911, and is a commercial fishing and marine product procurement corporation. Its goal is to “Establish a global supply chain of marine products.”

The company is the second-largest of its kind in Japan after Maruha Nichiro Holdings and owns Gorton's, a US frozen seafood company, among other companies. The company is listed on the Tokyo Stock Exchange and is constituent of the Nikkei 225 stock index.[5] Its main competitors are Maruha Nichiro and Kyokuyo Co., Ltd.

Its former headquarters, built in Tobata (Kita Kyushu) in 1929, is now an exhibit center.[6]

In 2005, the company divested its whaling fleet following controversy for its role in the modern global whaling industry (see Whaling in Japan).[7]

As of 2013, the company has 61 subsidiaries and 44 associated companies across Japan, Australia, New Zealand, Asia, Europe and North and South America.[8]

History

  • 1908 – Founder Ichiro Tamura constructed Daiichi-Maru (199 gross tons), the first steel-frame trawler in Japan
  • 1911 – Ichiro Tamura established the Tamura Steamship Fishery Division in Shimonoseki, Yamaguchi Prefecture, and started trawling in cooperation with Kosuke Kunishi and other people (foundation of Nippon Suisan)
  • 1920 – Hayatomo Fishery Research Group, the first private fishery research organization in Japan, was established
  • 1929 – The base of fishery moved from Shimonoseki to Tobata, Fukuoka Prefecture
  • 1934 – First whaling expedition conducted in the Antarctic Ocean
  • 1937 – Company name changed to Nippon Suisan
  • 1946 – First postwar whaling expedition conducted in the Antarctic Ocean with permission of the General Headquarters (GHQ)
  • 1949 – Nippon Suisan listed its shares on the Tokyo Stock Exchange
  • 1952 – North Sea fisheries reopened and NISSUI's mother ship-type salmon and trout fleet began fishing.
  • 1966 – Head office moved to the present address (Nippon Building in Chiyoda-ku, Tokyo)
  • 1974 – Unisea founded in the U.S
  • 1978 – EMDEPES founded in Santiago, Chile, as a fishery base
  • 1988 – NISSUI acquired Salmones Antartica, a salmon and trout aquaculture company in Chile
  • 1990 – NISSUI obtained approval to make "EPA-E NISSUI," a drug substance
  • 1995 – involved in financing a management-buyout of ANZCO Foods (just over 25% shareholding; minor partner to Itoham Foods), a meat producer in New Zealand[9]
  • 2001 – Acquired 50% of shares of Sealord, a fishery company in New Zealand
Acquired from Unilever Gorton's and Blue Water, pre-cooked frozen seafood brands for household use in North America
  • 2002 – Acquired 25% of shares of Alaska Ocean Seafood
  • 2004 – Founded NAL Peru, a procurement company specializing in fish meat and fish oil, in Lima, Peru
Founded Europacifico, a marketer of marine products, in Vigo, Spain
  • 2005 – Acquired King & Prince Seafood, a U.S. company of pre-cooked frozen seafood for business use
  • 2006 – Acquired three marketers of marine products: Nordic Seafood in Denmark, F.W. Bryce in the U.S. and Nordsee in Brazil
  • 2007 – Acquired shares of Cité Marine S.A.S., a processed seafood company in France
DOSA was established in Chile in order to administrating, marketing, and distributing for group fishery companies in Chile
  • 2008 – Qingdao Nissui Food Research and Development founded
Acquired 25% of shares of Glacier Fish Company
Hokkaido Fine Chemicals Co., Ltd. founded
  • 2009 – TN Fine Chemicals Co., Ltd. founded
Acquired Hokkaido Fine Chemicals Co from Nikkashi[10]
  • 2010 – Acquired shares of Delmar
Nordic Seafood A/S becomes consolidated subsidiary
  • 2011 – Opening The Nissui Pioneer Exhibition Center[11]
  • 2012 – The Medium-Term Management Plan 2014(MVIP) was initiated.
  • 2013 – "Yumigahama Suisan Co., Ltd" was established for domestic Coho Salmon farming.
  • 2014 – Head office moved to Nishi-Shimbashi Square in Minato-ku, Tokyo.[12]
  • 2015 – Nissui sells part of its shareholding in ANZCO Foods to Itoham Foods[9]
  • 2018 – Nissui sells remaining part of its shareholding in ANZCO Foods to Itoham Foods[13]
  • 2019 – Acquired 75% of shares of Flatfish Ltd

See also

References

  1. ↑ "Nissui Corporate Information". Retrieved 17 March 2014.
  2. ↑ "Nissui Financial Information". Retrieved 17 March 2014.
  3. ↑ "Nissui Corporate History". Retrieved 17 March 2014.
  4. ↑ Nippon Suisan Kaisha, Ltd. Company Profile – Yahoo! Finance
  5. ↑ "Components:Nikkei Stock Average". Nikkei Inc. Archived from the original on 14 November 2016. Retrieved 18 March 2014.
  6. ↑ "Opening of the Nissui Pioneer Exhibition as part of Nissui's centennial celebrationns". Retrieved 17 March 2014.
  7. ↑ Leitner, Ryan (7 September 2021). "Greenpeace and Sea Shepherds force Japanese seafood company Nissui to sell stakes in whale hunting ships 2005-2006". The Commons Social Change Library. Retrieved 10 November 2022.
  8. ↑ "Nissui Group Companies". Nissui. Archived from the original on 18 March 2014. Retrieved 18 March 2014.
  9. 1 2 Cronshaw, Tim (29 May 2015). "Larger Japanese stake in Anzco gains OIO approval". Stuff. Retrieved 23 May 2020.
  10. ↑ "Hokkaido Fine Chemicals Co., Ltd. commences operations". Nissui. Retrieved 18 March 2014.
  11. ↑ "Nissui Corporate History". Retrieved 18 March 2014.
  12. ↑ "History | Corporate Information | NISSUI". www.nissui.co.jp. Retrieved 15 May 2019.
  13. ↑ "Retiring meat industry leader goes farming". Stuff. 10 January 2018. Retrieved 23 May 2020.
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