Nissui

Basic Information

Stock Code
1332
Industry
Fisheries and Agriculture/Forestry
Category Detail
Food Manufacturing
Prefecture
Tokyo
Establishment Year
March 1943
Listing Year
May 1949
Official Website
https://www.nissui.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Kyokuyo, Maruha Nichiro, Hagoromo Foods, Nichirei, Yokorei, Ichisho Kamaboko, Natori, STI Food Holdings, Kibun Foods, Okamura Food Industry, Nichimo

Overview

Nissui is a leading company in the fisheries and food industry founded in 1911, leveraging the world's top frozen seafood frying technology and a global network to provide sustainable food supply.

Current Situation

For the fiscal year ending March 2025, Nissui achieved consolidated sales of 886.1 billion yen and operating profit of 31.7 billion yen, growing as a global company with overseas sales accounting for about 40%. In the fisheries business, it is advancing innovative technologies such as full-cycle farmed bluefin tuna and land-based aquaculture systems. In the food business, it has established a top-class position in the frozen food sector worldwide. The fine chemicals business achieves high profitability by supplying EPA and DHA preparations as pharmaceutical raw materials, while the logistics business supports the entire value chain with refrigerated logistics services. It is also actively pursuing sustainability initiatives, such as expanding MSC and ASC certified products and reducing plastic packaging, with goals for 2030 including 50% overseas sales ratio and 80% sustainable certified products. In recent years, it has accelerated investments in next-generation technologies like entry into alternative protein businesses and commercialization of land-based aquaculture systems using AI and IoT, pioneering the future of food under the brand slogan 'The power of food yet to be discovered.'

Trivia

Interesting Facts

  • One of the world's largest producers of surimi from pollock.
  • Pioneered the introduction of natural thawing technology for frozen foods in Japan.
  • Boasts top-class Antarctic krill catch volume in Japan.
  • Began full-scale fish sausage production in Japan for the first time in 1952.
  • Formerly owned trawlers for offshore fishing and conducted large-scale operations.
  • Changed company name from 'Nippon Suisan' to 'Nissui' in 2022 for brand refresh.
  • Maintains No. 1 global market share in household frozen fish fries.
  • Builds strong ties with pharmaceutical companies through supply of high-purity EPA raw materials for medicines.
  • Nissui's logo symbolizes bidirectional communication between fishery resources and consumers.
  • Known as a sponsor of many children's TV programs.
  • Established multiple local subsidiaries centered on North America, Europe, and Asia for global expansion.
  • Has introduced traceability systems contributing to food safety and security.
  • Gains high competitiveness and customer trust in low-temperature logistics businesses domestically and internationally.
  • Opened the commemorative facility 'Nissui Pioneer Hall' in Tobata Ward, Kitakyushu City, for its 100th anniversary.
  • Achieves high profits through application of fine chemical products to medical pharmaceuticals.

Hidden Connections

  • Contributes to Japan's convenience store culture by supplying processed fish cakes for Seven-Eleven oden.
  • Deep relationships with multiple pharmaceutical companies such as Motida Pharmaceutical through EPA raw material supply.
  • Founder Shiro Tamura, related to Kuhara Zaibatsu, contributed to Japan's fisheries development.
  • As a member of Shoko Group and Fuji Group, collaborates with major financial institutions.
  • History of integrating and reorganizing multiple seafood groups, including whaling-related companies.
  • Possesses traditional techniques from the fish paste product industry dating back to the Edo period.
  • Pioneer that established frozen logistics in Japan's food industry through frozen technology advancement.
  • Deeply involved in seafood logistics at Sakaiminato Port, one of Japan's main trunk ports.

Future Outlook

Growth Drivers

  • Continuous expansion of frozen food demand centered on Asian markets.
  • Increased demand for seafood and functional foods due to rising health consciousness.
  • Growth of alternative protein market as new business.
  • Innovation in production and aquaculture efficiency through AI and IoT utilization.
  • Brand strengthening through sustainable products and certifications.
  • Overseas sales expansion leveraging global network.
  • Enhanced cost competitiveness through sophisticated and labor-saving logistics services.
  • Diversification of functional material supply to pharmaceutical markets.
  • Demand for high-quality products accompanying heightened consumer food safety awareness.
  • Market launch of differentiated products based on new technology development.
  • Sales channel expansion strategies for both B2B and B2C.
  • Reduction in environmental impact through sustainable fishery resource utilization.

Strategic Goals

  • Achieve 50% overseas sales ratio to grow global business.
  • Expand sustainable certified products to over 80% of all products.
  • Aim for over 100 billion yen in sales from new alternative protein business.
  • Expand adoption of AI/IoT-based land-based aquaculture systems.
  • Reduce plastic packaging by over 30% by 2030.
  • Nationwide expansion and efficiency improvement of low-temperature logistics services.
  • Strengthen earnings through expansion of pharmaceutical-related functional material business.
  • Continuously strengthen and expand social and regional contribution activities.
  • Foster sustainable corporate culture by enhancing employee environmental and health awareness.
  • Increase investment ratio in new technologies and product development to promote innovation.

Business Segments

Business-Use Ingredients

Overview
Provides high-quality, stably supplied ingredients to the food service industry, school lunches, and food processing sectors.
Competitiveness
Strength in stable supply through global procurement network and diverse product lineup.
Customers
  • Restaurant Chains
  • School Lunch Providers
  • Hotels
  • Hospitals and Nursing Homes
  • Food Processors
  • Restaurants
  • Supermarket Buyers
  • Cafes
  • School Lunch Businesses
Products
  • Business-Use Frozen Fish
  • Seafood Processed Products
  • Ready-to-Cook Frozen Foods
  • Fish Paste Products
  • Business-Use Prepared Foods
  • Semi-Processed Seafood Products
  • Frozen Seafood Snacks
  • Seafood Raw Materials
  • Set Products
  • Business-Use Canned Products

Seafood Raw Materials and Feed Supply

Overview
Stably supplies high-quality seafood raw materials for food processing, feed manufacturing, pharmaceuticals, and cosmetics.
Competitiveness
Advanced traceability and quality control systems.
Customers
  • Food Manufacturers
  • Feed Manufacturers
  • Nutritional Supplement Companies
  • Pharmaceutical Raw Material Manufacturers
  • Cosmetics Manufacturers
  • Pet Food Producers
  • Biotechnology Companies
Products
  • Fish Meal
  • Fish Oil
  • High-Purity EPA Raw Materials
  • Seafood Extracts
  • Functional Materials
  • Supplement Raw Materials
  • Health Food Materials
  • Bio Materials

Logistics Services

Overview
Supports food quality preservation with low-temperature logistics services using refrigerated/frozen warehouses.
Competitiveness
Proprietary low-temperature logistics network and integrated management system.
Customers
  • Food Manufacturers
  • Retailers
  • Restaurant Chains
  • Mail-Order Businesses
  • Frozen Food Wholesalers
  • Importers/Exporters
  • Logistics Companies
  • Wholesalers
Products
  • Low-Temperature Logistics Services
  • Refrigerated/Frozen Storage
  • Food Delivery
  • Inventory Management
  • Domestic Transport
  • International Transport

Pharmaceutical Raw Material Supply

Overview
Supplies high-purity EPA required for pharmaceuticals, meeting stringent quality standards.
Competitiveness
Pharmaceutical-grade quality control and stable product supply.
Customers
  • Pharmaceutical Companies
  • Medical Preparation Manufacturers
  • Bio Companies
Products
  • EPA Preparation Raw Materials
  • DHA Extracts
  • Functional Oils
  • Health Support Materials

Seafood Equipment and Plant Business

Overview
Designs, sells, and maintains seafood processing and low-temperature logistics equipment.
Competitiveness
Specialized knowledge and customization capabilities.
Customers
  • Seafood Processing Plants
  • Frozen Equipment Manufacturers
  • Food Factories
  • Logistics Companies
Products
  • Seafood Processing Machinery
  • Refrigeration Equipment
  • Plant Design
  • Maintenance Services

Ship-Related Business

Overview
Provides high technological capabilities in construction and operation management of fishing vessels.
Competitiveness
Dedicated ship designs tailored to fishery needs.
Customers
  • Fishery Companies
  • Shipping Companies
  • Fishery Resource Management Organizations
Products
  • Ship Construction
  • Repair Services
  • Ship Operation Management
  • Ocean Research Vessels

Household Seafood Products

Overview
Supplies high-quality seafood products for household use nationwide.
Competitiveness
Brand power and extensive distribution channels.
Customers
  • Food Retailers
  • Mass Retailers
  • Mail-Order Businesses
Products
  • Frozen Seafood Products
  • Canned Products
  • Processed Fish Products

Food Service and Business-Use Ingredient Supply

Overview
Stably provides professional business-use seafood ingredients.
Competitiveness
Diverse business-use product lineup.
Customers
  • Restaurant Chains
  • Hotels
  • School Lunch Services
  • Dining Establishments
Products
  • Frozen Processed Fish
  • Ready-to-Cook Fish
  • Fish Sausage
  • Fish Paste Products

Overseas Business Support

Overview
Supports overseas businesses leveraging global network.
Competitiveness
Multi-country procurement and sales network.
Customers
  • Overseas Sales Agents
  • Local Food Processors
  • Import/Export Related Parties
Products
  • Raw Material Procurement Support
  • Overseas Food Sales
  • Logistics Support

Foods with Functional Claims Business

Overview
Provides materials for foods with functional claims that contribute to health maintenance.
Competitiveness
Abundant scientific data and R&D capabilities.
Customers
  • Health Food Manufacturers
  • Drugstores
  • Mail-Order Businesses
Products
  • Functional Fish Oil Preparations
  • Supplement Base Materials
  • Health Maintenance Foods

Seafood Import and Sales Business

Overview
Imports seafood from overseas and sells domestically.
Competitiveness
Procurement power through overseas bases.
Customers
  • Domestic Food Manufacturers
  • Retailers
  • Dining Chains
Products
  • Overseas Seafood Raw Materials
  • Imported Frozen Seafood
  • Processed Seafood Materials

Packaging Materials and Auxiliary Materials

Overview
Provides food packaging materials and advances environmentally friendly product development.
Competitiveness
Deployment of sustainable materials.
Customers
  • Food Processors
  • Logistics Providers
  • Retailers
Products
  • Plastic Packaging Materials
  • Recyclable Packaging
  • Food Protection Materials

Competitive Advantage

Strengths

  • Global procurement and sales network
  • Advanced aquaculture technology development capabilities
  • High profitability in pharmaceutical raw material supply
  • Strong brand power and recognition
  • Extensive product lineup
  • Advancement of sustainability measures
  • Proprietary low-temperature logistics network
  • Long years of industry experience and know-how
  • Diversified sales channel deployment
  • Synergy effects with pharmaceutical business
  • Focus on R&D and innovation
  • High-quality management system
  • Extensive overseas market expansion
  • Stable financial foundation
  • Strong customer base and partnerships

Competitive Advantages

  • Extensive global network spanning over 30 countries worldwide
  • Proprietary advanced aquaculture technologies such as full-cycle farmed bluefin tuna
  • High-profit model supplying EPA/DHA preparations for pharmaceuticals
  • High market share in frozen foods
  • Leadership in R&D of foods with functional claims
  • Advanced logistics services and low-temperature logistics infrastructure
  • Consistent quality control and safety assurance within the group
  • Promotion and execution of long-term sustainability strategies
  • Market access power utilizing diverse sales channels
  • New business creation through integration of pharmaceuticals and food businesses
  • High consumer recognition via brand slogan 'The power of food yet to be discovered'
  • Enhanced reliability through numerous certifications domestically and internationally
  • Utilization of robust partnership networks
  • Risk diversification through diversified product portfolio
  • Improved production efficiency through active introduction of AI and IoT technologies

Threats

  • Procurement risks due to depletion of fishery resources
  • Instability in raw material costs due to exchange rate fluctuations
  • Fluctuations and impacts on catch volumes due to climate change
  • Increased compliance costs from strengthened food safety regulations
  • Potential international trade friction and tariff changes
  • Intensified competition from alternative proteins
  • Uncertainty in logistics and consumption due to emerging infectious diseases
  • Increased operational costs from strengthened environmental regulations
  • Fluctuations in product demand due to changes in health trends
  • Competitors' technology development and market expansion
  • Supply chain disruption risks
  • Rapid changes in consumer preferences

Innovations

2024: Commercialization of Land-Based Aquaculture System

Overview
Developed next-generation land-based aquaculture system using AI and IoT, significantly reducing environmental impact.
Impact
30% improvement in production efficiency, 40% reduction in CO2 emissions

2023: Entry into Alternative Protein Business

Overview
Successfully developed plant-based alternative fish meat products and opened new markets.
Impact
Aiming for annual scale of 5 billion yen as new business

2022: Expansion of Foods with Functional Claims

Overview
Commercialized high-functionality fish sausage containing N-acetylglucosamine.
Impact
Contributes to expanding share in foods with functional claims market

2021: Strengthening Low-Temperature Logistics Network

Overview
Introduced IoT at logistics bases nationwide, significantly improving quality control and delivery efficiency.
Impact
15% reduction in logistics costs, improved productivity

2020: Advancement of High-Purity EPA Extraction Technology

Overview
Improved EPA extraction technology for pharmaceutical raw materials, enhancing quality and yield.
Impact
Strengthened profitability of pharmaceutical business

Sustainability

  • Promotion of expansion of MSC and ASC certified products
  • Implementation of major plastic packaging reduction plan
  • Promotion of R&D on sustainable aquaculture technologies
  • Expansion of renewable energy utilization
  • Improvement of waste recycling rate
  • Support and collaboration with local fishing communities
  • Setting and achievement of CO2 emission reduction targets
  • Participation in water quality conservation and marine environment protection activities
  • Development and sales expansion of environmentally friendly products
  • Implementation of employee environmental awareness programs
  • Ensuring transparency in sustainability reporting
  • Formulation and compliance with sustainable procurement policies