Nissui Corporation

Company type	Public KK
Traded as	TYO: 1332 Nikkei 225 Component
Industry	Fishing Food Processing Whaling (former)
Founded	Shimonoseki, Yamaguchi, Japan (1911 (1911))
Founder	Ichiro Tamura
Headquarters	Nishi-Shimbashi Square, 1-3-1, Nishi-Shimbashi, Minato-ku, Tokyo 105-8676, Japan
Area served	Worldwide
Key people	Shingo Hamada, (CEO and President)
Products	Seafood Frozen Food Gorton's of Gloucester Fine chemicals
Revenue	$ 6.03 billion (FY 2012) (¥ 566.858 billion) (FY 2012)
Net income	$ -50.94 million (FY 2012) (¥ -4.789 billion) (FY 2012)
Number of employees	10,175 (consolidated) (as of March 31, 2013)
Website	Official 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

• Fishing industry in Japan

References

External links

• Company website (in English)
• Yahoo! Finance company profile