Daisui

Basic Information

Stock Code
7538
Industry
Wholesale Industry
Category Detail
Food Wholesalers
Prefecture
Osaka Prefecture
Establishment Year
April 1939
Listing Year
March 1997
Official Website
http://www.daisui.co.jp/
TSE Information
TSE Information
Yahoo! Finance
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Other Companies
Taiyo, Foodison, Yokohama Fisheries, Chuo Fish, Toto Suisan, Tsukiji Fish, OUG Holdings, Hamamaru Fish, Chubu Suisan, Maruichi Sansho, Yonkyu

Overview

Daisui is a major seafood wholesaler based in the Kansai region, founded in 1939, with its base at central wholesale markets and focusing on frozen fish and processed products.

Current Situation

Daisui recently recorded consolidated net sales of approximately 98.4 billion yen, operating profit of about 800 million yen, and net profit of about 1 billion yen for the fiscal year ending March 2024, continuing solid management. It boasts a high wholesale market share in the seafood wholesale sector centered on Kansai central wholesale markets and is strengthening sales of frozen fish and processed products. It also operates refrigerated warehousing through its own subsidiary, providing logistics services. The company is promoting sustainable fishery resource utilization and thorough quality management. In recent years, as part of business expansion, it has extended activities to local wholesale markets in Oita and Beppu, strengthening its stable supply base. Nissui holds the largest stake of about 32% in the shareholder composition, with business synergies expected through collaboration. Organizational reforms and sales department reorganizations are implemented as needed to address intensifying competition. Moving forward, it aims for medium-term growth by developing seafood processing technologies and enhancing customer-need-oriented services.

Trivia

Interesting Facts

  • Daisui has long maintained a leading position in Kansai central wholesale markets.
  • Originally established in 1939 as Osaka Refrigerated Shrimp Co., Ltd.
  • Nissui is the top shareholder with a 31.9% holding ratio.
  • Deploys wholesale operations in multiple local wholesale markets with a regional focus.
  • Operates refrigerated warehousing via its own subsidiary to complement logistics.
  • Former Osaka Securities Exchange Second Section listed stock, transitioned to Tokyo Stock Exchange Standard in 2013.
  • Merged and made several local wholesale companies subsidiaries in the 2000s.
  • Actively expanding raw material development business alongside wholesaling.
  • Promotes employee participation in management through employee stock ownership association.
  • President changed to Eichiro Yamahashi in 2019.
  • Fully acquired Beppu Fish Market in Kyushu region in 2020.
  • Kobe Branch Akashi Sales Department discontinued wholesale operations in 2022.
  • Regarded as a representative example of regionally specialized wholesalers in the food wholesale industry.
  • Historically originates from the division of Osaka Fish Control Company.
  • Holds high regard in the industry as one of Japan's leading seafood wholesalers.

Hidden Connections

  • Nissui as top shareholder strengthens seafood distribution network through group collaboration.
  • Close capital ties with Osaka Prefecture Central Wholesale Market Seafood Clearing Co., Ltd.
  • Integrated group management with local wholesale market companies in Oita and Beppu.
  • Sales collaboration among subsidiaries such as Kyoto Kosan and Maruo Foods.
  • Collaborates with fishery cooperatives and local governments to support regional seafood logistics.
  • Refrigerated warehousing has cooperative relationships with major logistics firms and market operators.
  • Norinchukin Bank listed as major shareholder, ensuring financial stability.
  • Maintains strong position in local markets amid numerous industry competitors.

Future Outlook

Growth Drivers

  • Recovery in Kansai seafood consumption and strengthening preference for high freshness
  • Increased consolidation demand from local wholesale market reorganizations
  • Synergies from strengthened collaboration with Nissui Group
  • Expansion in demand for diversified frozen fish/processed products and high value-added items
  • Cost reductions and service quality improvements through logistics efficiency
  • Growing attention to environmentally friendly products and sustainable resource use
  • Advanced quality control and market response via new technology adoption
  • System enhancements to comply with stricter food safety regulations
  • Revenue base strengthening through regional sales and diversification
  • Sales channel diversification through digitalization and IT utilization
  • Improved product development responsiveness to customer needs
  • New market development amid changing domestic and international food cultures

Strategic Goals

  • Secure industry-top market share in Kansai and major local wholesale markets
  • Achieve 30 billion yen in sales from frozen and processed seafood products
  • Promote energy-saving upgrades in refrigerated warehouse facilities to reduce environmental impact
  • Expand business through deepened collaboration with Nissui Group
  • Expand new clients and product diversification in raw material development business
  • Enhance brand value through collaborative activities with local communities
  • Maximize operational efficiency via introduction of advanced IT tools
  • Improve expertise and service quality through talent development
  • Full implementation and compliance with sustainable seafood procurement standards
  • Expand response to market needs through new logistics service development

Business Segments

Wholesale Market Receiving Operations

Overview
Conducts business centered on receiving and consignment sales at major wholesale markets.
Competitiveness
Logistics strength closely tied to local markets and receiving expertise
Customers
  • Intermediate wholesalers in central wholesale markets
  • Exhibitors at local wholesale markets
  • Food processors
  • Restaurant chains
Products
  • Fresh seafood
  • Frozen seafood
  • Fish paste products
  • Salted dried fish

Refrigerated Warehousing

Overview
Supports seafood logistics by providing well-managed refrigerated facilities.
Competitiveness
Facility network near markets enabling immediate response
Customers
  • Wholesale market shippers
  • Food manufacturers
  • Logistics companies
  • Food service industry
Products
  • Seafood refrigerated storage
  • Temporary storage of processed products
  • Logistics ancillary services

Raw Material Development Business

Overview
Supplies raw materials for processing through procurement and new material development.
Competitiveness
Diverse procurement routes and market information utilization
Customers
  • Seafood processors
  • Food distributors
  • Feed manufacturers
  • Local wholesalers
Products
  • New seafood processed material
  • Frozen raw fish
  • Special processed raw materials

External Sales Operations

Overview
Meets diverse consumer needs through external sales activities.
Competitiveness
Regionally focused sales and extensive product lineup
Customers
  • Retailers
  • Restaurants
  • Wholesalers
  • Mail order
Products
  • Consumer frozen foods
  • Processed fresh fish products
  • Seafood for prepared dishes

Processed Products Wholesale

Overview
Provides added value through wholesale of processed seafood products.
Competitiveness
Stable supply system via multi-stage quality control
Customers
  • Prepared food manufacturers
  • Frozen food manufacturers
  • Bento providers
  • School meal operators
Products
  • Fish paste products
  • Frozen processed fish
  • Ready-to-cook seafood

Logistics Services

Overview
Services supporting efficiency and reliability improvement in seafood logistics.
Competitiveness
Rapid response capabilities closely tied to markets
Customers
  • Seafood wholesalers
  • Food processors
  • Refrigerated warehouse operators
  • Transportation companies
Products
  • Low-temperature transport services
  • Storage management services
  • Loading/unloading services

Competitive Advantage

Strengths

  • Stable regional base centered on Kansai
  • Capital strength and industry network from Nissui affiliation
  • Expertise in frozen fish and processed products business
  • Proven sales network across diverse wholesale markets
  • Logistics reinforcement through in-house refrigerated warehousing
  • Long-term market transactions and customer trust
  • Expansion of raw material development business
  • High-quality management system
  • Specialized receiving operations structure
  • Responsive capabilities to broad customer base
  • Stable capital and financial foundation
  • Flexible sales strategy focused on regions
  • Presence in multiple local wholesale markets
  • Organization rich in employee expertise and experience
  • Transparency as a Tokyo Stock Exchange Standard-listed company

Competitive Advantages

  • Strong receiving and wholesale network rooted in local markets
  • High reliability and resource collaboration with parent Nissui
  • Diversification through broad handling of frozen fish and processed products
  • Improved logistics efficiency utilizing in-house refrigeration facilities
  • Integrated supply system from raw seafood materials to processed products
  • Sales strength adaptable to diverse market needs
  • Fine-tuned services through regional closeness
  • Differentiation via proprietary raw material development and new materials
  • Stable order base from long-term customer trust
  • Swift market change response through flexible management
  • Local market expansion and reinforcement via subsidiaries
  • High commitment to quality control and safety assurance
  • Strong ties with local government and industry associations
  • Enhanced distribution channels utilizing diverse sales routes
  • Sustainable management enabled by sound financial base

Threats

  • Decline in fishery resources and unstable catch volumes
  • Intensifying competition from major logistics firms and foreign companies
  • Shifts in consumer preferences altering demand structure
  • Increased operational costs due to stricter food safety regulations
  • Environmental changes in marine resources from climate change
  • Price competition intensification from new entrants
  • Pressure on imported raw material costs from exchange rate fluctuations
  • Distribution disruptions from novel infectious diseases and external shocks
  • Impacts from reorganization and consolidation of local wholesale markets
  • Domestic market shrinkage risk from population decline
  • Increased competitor entry due to regulatory easing
  • Competitive edge erosion from delays in technological innovation

Innovations

2022: Closure of Wholesale Operations at Kobe Branch Akashi Sales Department

Overview
Withdrew from wholesale operations at the Akashi City public local wholesale market to restructure business.
Impact
Achieved management efficiency and market response concentration.

2020: Made Beppu Fish Market a Wholly Owned Subsidiary

Overview
Acquired all shares of Beppu Fish Market in Kyushu from Maruha Nichiro Group to strengthen the group.
Impact
Expanded market bases in Kyushu region and reinforced business foundation.

2021: Promotion of DX in Refrigeration Facilities

Overview
Introduced IoT for real-time monitoring of warehouse temperatures and logistics status.
Impact
Achieved improved quality control and operational efficiency.

2023: Strengthening Diversification of Raw Material Development Business

Overview
Expanded R&D investment in new seafood processing materials to promote product differentiation.
Impact
Contributes to enhanced market competitiveness and new customer acquisition.

Sustainability

  • Compliance with procurement standards for sustainable fishery resources
  • Introduction of energy-saving equipment in refrigerated warehouses
  • Enhanced waste reduction and recycling promotion
  • Collaborative activities with local communities for fishery environment preservation
  • Improvement of employee safety and health environment