Nippon Suisan Kaisha

Nippon Suisan Kaisha Ltd. (日本水産株式会社, Nippon Suisan Kabushiki-gaisha), more commonly known as Nissui, is a marine products company based in Japan. It had annual revenues of US$5.1 billion in 2014.[4] 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.”

Nippon Suisan Kaisha, Ltd.
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
Norio Hosomi, (CEO and President)
Products
Revenue $ 6.03 billion (FY 2012) (¥ 566.858 billion) (FY 2012)
$ -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]

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).

As of 2013, the company has 61 subsidiaries and 44 associated companies across Japan, Australia, New Zealand, Asia, Europe and North and South America.[7]

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[8]
  • 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[9]
  • 2010 – Acquired shares of Delmar
Nordic Seafood A/S becomes consolidated subsidiary
  • 2011 – Opening The Nissui Pioneer Exhibition Center[10]
  • 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.[11]
  • 2015 – Nissui sells part of its shareholding in ANZCO Foods to Itoham Foods[8]
  • 2018 – Nissui sells remaining part of its shareholding in ANZCO Foods to Itoham Foods[12]
  • 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. "Nissui Group Companies". Nissui. Archived from the original on 18 March 2014. Retrieved 18 March 2014.
  8. Cronshaw, Tim (29 May 2015). "Larger Japanese stake in Anzco gains OIO approval". Stuff. Retrieved 23 May 2020.
  9. "Hokkaido Fine Chemicals Co., Ltd. commences operations". Nissui. Retrieved 18 March 2014.
  10. "Nissui Corporate History". Retrieved 18 March 2014.
  11. "History | Corporate Information | NISSUI". www.nissui.co.jp. Retrieved 15 May 2019.
  12. "Retiring meat industry leader goes farming". Stuff. 10 January 2018. Retrieved 23 May 2020.
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