Operating profit surged an impressive 27.2% to $262.8 million , representing an increase of $56.2 million from the previous fiscal period

Global Seafood Demand and Aquaculture Surge Drive Record Results for Japanese Giant

JAPAN
Monday, May 18, 2026, 00:10 (GMT + 9)

🇯🇵 Japanese Translation (日本语訳)

The world's largest aquatic products company, the name of Japan's largest aquatic products company, is the reason why the world's aquatic products need and breeding are increasing rapidly, and Japan's giant is the highest in the past.

Japan's giant in fisheries and food processing, Japan's largest domestic fisheries and breeding business in the world, and its corporate profit of 260 million, achieved record-breaking achievements in the history of Japan.

Japan's giant fishery and food processing industry , Japan 's financial record for the March 2026 financial year, and its financial performance for the March 2026 period . The domestic fishery industry is in good tune and the world's aquaculture industry is active, and the company's business interests are the first in history to achieve a breakthrough of 260 million yuan .

The company 's financial statements and financial reports were higher than the previous year at 5.1%, which was the highest in the past. It reached 6.05 billion yuan (an increase from 293.4 million yuan in the same period last year). Corporate profit increased by 27.2% to 262.8 million yuan , which is an amazing record, and the previous fiscal year increased to 56.2 million yuan, and the company's profit increased by 56.2 million yuan . The current net profit of the owner of Shinkai Co., Ltd. was 178.9 million, which was the highest in the past.

The results of the company 's mid-term project "GOOD FOODS Recipe 2" were completed in April 2025 . Our corporate strategy, "Growth of Overseas Business," "Advanced Breeding Business," and "Improvement of Profit from Non-Profit Business" are the top priority issues.

The success of the marine industry depends on the strength of the pressure.

The fiscal year's outstanding promotion force and the core fishery industry of the company. The fishery business's revenue increased to 2.47 billion yuan , and corporate profits increased significantly from the previous year's 60.8 million yuan to 115.5 million yuan .

Japan's domestic では,ブリ,マアジ,サバの好鱼に加え, selling 売価格のrise が interest rate を大きく pledge し上げた. Overseas exports, southern exports, structural reductions, northern exports to exports, high processing It is a high-paying, high-yield , high-yield, high profit rate.

North America 's processing and trading department,アラスカメンタイフィレーのproduction ratio を高め,すり Bodyのselling 売価 rose の 恵 を Receive け る こ と で , see things な performance reply を た し た .

At the same time, the food processing business of Ninth Food Processing Co., Ltd. 3.26 billion yuan , corporate profits of 192.6 million yuan . Domestic frozen food department for household use, raw material cost, high profit margin, shrinkage, food business, etc. The エンスストアでの effect is a sales promotion キャンペーンや, a bendangや棣菜のvigorous necessities に Branch えられ, and the Explosion 発’s なgrowth をsuit げた.

Business Logistics Logistics Logistics Logistics

The overall record of グループ has been the highest in the past. Medical raw materials EPAやDHAなどのfunctional biological raw materialを扱うファインビジネスは、売上高が1040 The increase of 10,000 yuan has increased, and the manufacturing cost has increased, and the profit of the company has decreased slightly to 5.5 million yuan .

At the same time, the logistics business recorded an increase of RMB 180 million and a decrease in corporate profits of RMB 15.7 million . The direct reason for the debuff of the 経嶶区はこののとして, the rise of the fuel コストの, and the およびpainting period of 2024のLogistics Regulation Changes (2024 Issue) に対応するために発生したPersonnel fee のexpansion をげている.

Future growth requires proactive investment in equipment.

Nippon Loan has grown significantly as shown in the table, and its assets have increased by 18.1% to 470 million, which has led to growth. The company's long-term production capacity has been ensured, capital investment has been actively invested, and 399.1 million yuan has been invested and expenditures reported. We have invested 279.9 million yuan in equipment for the construction of new factories at home and abroad, and we have invested 279,900,000 yuan in equipment for the construction of new factories at home and abroad, and we have invested in the breeding enterprise of PESQUERA YADRAN SA)を Connected with the Norm 囲に集团み入れるための123.8 million ドルのsubsidiary Co., Ltd. acquired the に成てられた.

Total net assets increased by 8.4% from the end of the previous period to RMB 2.0 billion and RMB 47.4 million , respectively .

Outlook for 2027

The unsettled fuel and raw materials of the Middle East 's geographyるものの、ニッスイは目前の performance change についてvery に楽観的な见squareをmaintain している. In the following year, the company's joint venture capital increased to RMB 6.37 billion , and corporate profits increased to RMB 276.3 million .

The detailed description of the implementation of the corporate strategy of the 経嶶组 is as follows:

"Specifically, the expansion of the South Rice breeding business, the stabilization and increase of the domestic breeding business, and the expansion of the food processing business of Omi are in great demand. Establishment of the industry's production expansion system, business's sales and marketing of medical raw materials, large-scale economic development plan "GOOD" FOODS Recipes 2』The goal has been achieved, and the long-term project has been completed. "

I want to think about the outside of the house, and I want to do it with the same company:

"The situation in the Middle East yesterday and today has an impact on the company's business and performance, and the rise in fuel prices. Petroleum-derived raw materials, such as の価格高tent, Tiaoda リスク, etc., されます, しかしながら, and current point でその影. The amount of the sound is reasonable and the calculation is difficult and the results are as follows. In the future, the performance will have a significant impact on the situation and the situation will be considered and the speed will be disclosed. "

The owner of the plant, Nora , recorded the 1st year of the year's blessings and received the blessings of the plant owner. In the next period, について1 strain あたり0.21 ドルの年 will be matched with the を plan している.

(※Note: The fixed basis for the Currency Conversion System and the Guarantee of Accuracy of Financial Reports is the Standard Standard for Financial Reporting).

🇨🇳 Simplified Chinese Translation

A surge in global demand for seafood and the aquaculture industry propelled Japanese giants to record-breaking performance.

Leveraging its aggressive expansion in domestic fisheries and global aquaculture operations, Nissui, a Japanese seafood and food processing giant, achieved a historic breakthrough, with operating profit exceeding $260 million for the first time.

Japanese seafood and food processing giant Nissui has broken its previous financial records, delivering a historic performance for the fiscal year ending March 2026. Driven by strong performance in its domestic fisheries and aggressive expansion of its global aquaculture operations, the company's operating profit surpassed the milestone of $260 million for the first time in its history .

According to Nippon Water 's financial statements, the company's net sales increased by 5.1% to a record $6.05 billion (an increase of $293.4 million year-over-year ). Operating profit surged 27.2% to $262.8 million , an increase of $56.2 million from the previous fiscal year . Net profit attributable to shareholders of the parent company also hit a record high of $178.9 million .

This remarkable achievement was made in the first year of Nippon Water's "Mid-Term Management Plan GOOD FOODS Recipe 2," launched in April 2025. The corporate strategy prioritizes "overseas business growth," "promotion of the aquaculture business," and "turning loss-making businesses to profitability."

The success of the marine business offset inflationary pressures.

The core driver of this historic fiscal year was the company's core fisheries business. Total revenue from the fisheries business reached $2.47 billion , with operating profit of $115.5 million —a remarkable increase of $60.8 million compared to the previous year .

Domestically in Japan , robust catches of yellowtail , mackerel , and tuna , coupled with rising market prices, have significantly improved profit margins. Internationally, operations in South America have achieved high profit margins through structural cost reductions and a shift in focus towards exporting high-value-added, highly processed coho salmon to North America .

North America ’s processing and trading division also achieved a successful turnaround, mainly due to increasing the production of Alaskan pollock fillets and taking advantage of rising fish paste prices.

Meanwhile, Nippon Water 's food processing and cold chain food business segment generated $3.26 billion in revenue and $192.6 million in operating profit. While the domestic frozen food segment faced pressure on profit margins due to rising raw material costs, the cold chain food business experienced explosive growth, primarily driven by successful convenience store promotions and strong demand for bento boxes and prepared foods.

Rising operating costs are squeezing profits in logistics and fine chemicals.

Despite record-high total revenue at the group level, macroeconomic headwinds squeezed profits in certain segments. Sales in the fine chemicals business (which includes pharmaceutical ingredients and functional ingredients such as EPA and DHA ) rose to $110.4 million , but operating profit declined slightly to $5.5 million due to increased production costs .

Similarly, revenue from the logistics business grew to $108 million , but operating profit declined to $15.7 million . Management attributed this decline directly to rising fuel costs and increased personnel costs in response to the landmark 2024 logistics regulatory changes.

Active capital investment for future growth

Nippon Fisheries' balance sheet expanded significantly, with total assets increasing by 18.1% to US$4.87 billion . The company actively deployed funds to secure long-term production capacity, reporting cash outflows of US$399.1 million from investing activities . This funding primarily consisted of US$279.9 million invested in the construction of new domestic and international plants, and US$123.8 million invested in the acquisition of a subsidiary, consolidating Chilean aquaculture company PESQUERA YADRAN SA into its financial statements.

Total net assets increased by 8.4% to US$2.01 billion , thanks to a positive foreign currency translation adjustment of US$47.4 million resulting from the continued depreciation of the Japanese yen .

Looking ahead to 2027

Despite the geopolitical instability in the Middle East threatening fuel and raw material supply chains, Nippon Water remains very optimistic about its future trajectory. For the next fiscal year, the company expects consolidated sales to reach $6.37 billion and operating profit to increase to $276.3 million .

In explaining the execution of its corporate strategy, management stated:

"Specifically, we will unite the entire company to strive to achieve the goals of the 'GOOD FOODS Recipe 2' mid-term management plan, and realize the long-term vision beyond this plan by expanding our aquaculture operations in South America, stabilizing and increasing the output of our domestic aquaculture operations, establishing a production system to increase the output of our high-demand food processing operations in Europe and the United States, and expanding the sales of pharmaceutical raw materials in our fine chemicals business."

When discussing anticipated external shocks, the company added:

"Regarding the impact of the current situation in the Middle East on our business and performance, we anticipate rising fuel prices, rising prices of oil-derived raw materials, and procurement risks. However, it is currently difficult to reasonably calculate the specific amount of this impact, and therefore it has not been included in this earnings forecast. If it is expected to have a significant impact on our performance in the future, we will disclose it in a timely manner."

Shareholders will benefit from this record year, with Sunwater planning to pay an annual dividend of $0.21 per share in the next phase .

(*Note: All currency conversions are based on standard fixed base exchange rates used for the accuracy of financial reporting.)

editorial@seafood.media
www.seafood.media

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