Marunaka

Basic Information

Stock Code
8030
Industry
Wholesale
Category Detail
Food Wholesalers
Prefecture
Tokyo
Establishment Year
July 1947
Listing Year
September 1964
Official Website
http://www.marunaka-net.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Daisei, Foodison, Yokohama Fisheries, Omi, Tohto Fisheries, Tsukiji Fish, ＯＵＧホールディングス, Hama Maru Fish, Chubu Fisheries, Maruichi Sansho, Yonkyu

Overview

Marunaka is a major Japanese seafood wholesaler founded in 1947, centering on seafood wholesaling while expanding into diversified logistics and real estate businesses.

Current Situation

Marunaka recorded consolidated sales of approximately 187.7 billion yen for the fiscal year ended March 2021, possessing a stable revenue base. Its main business is the wholesaling of seafood and processed seafood products, with its head office in the Toyosu Market in Koto-ku, Tokyo, and strong competitiveness in the industry. It also develops refrigerated warehouse and cargo handling businesses through group companies, establishing a robust logistics framework. The alliance based on capital relationships with Nippon Suisan is a key strength, leveraging networks in the wholesale market. It is also expanding real estate leasing as a new business. It has flexibly adapted to market environment changes accompanying the relocation from Tsukiji Market to Toyosu Market, and in recent years has focused on expanding refrigerated logistics in Dalian, China. It is proactive in promoting sustainable seafood distribution and community contributions, positioning the optimization of domestic and international seafood distribution networks as a medium- to long-term growth strategy. Moving forward, it aims to further expand market share in the competitive wholesaling industry by promoting digitalization and efficiency improvements.

Trivia

Interesting Facts

  • Historic seafood wholesaler established in 1947.
  • Optimized market operations with relocation from Tsukiji to Toyosu Market.
  • Nippon Suisan holds the largest shareholding.
  • Head office functions located in the seafood wholesaling building at Toyosu Market.
  • Dalian refrigerated warehouse installation noted locally as Japanese-style equipment.
  • Many subsidiaries specialize in seafood wholesaling and logistics.
  • One of the companies carrying the historic evolution of wholesale markets.
  • Group develops cargo handling and storage businesses essential for seafood logistics.
  • Stable customer base as a long-established market player.
  • Business efficiency improved through IT adoption aligned with Toyosu relocation.
  • Transaction volume at wholesaling floor is top-class domestically.
  • Aggressively pursuing real estate leasing for revenue diversification.
  • Maintaining stable growth specialized in wholesaling while expanding related businesses.
  • Industry-leading company through investments in logistics efficiency.
  • Utilizes advanced processing technology for seafood foods.

Hidden Connections

  • Strengthened procurement competitiveness through capital alliance with Nippon Suisan.
  • Deeply involved in industry reorganization during Tsukiji to Toyosu Market relocation.
  • Introduced Japanese-style refrigeration technology to logistics business in Dalian, China.
  • Built strategic alliances with multiple seafood wholesaling market companies.
  • Supports wholesaler activities through in-market real estate leasing business.
  • Efficiently operates logistics and warehouse services mainly through subsidiaries.
  • Unique delivery network leveraging geographical advantages of Toyosu Market.
  • Close cooperative relationships with local governments and industry associations in seafood sector.

Future Outlook

Growth Drivers

  • Stable supply and demand in domestic market centered on Toyosu Market
  • Asian market expansion through strengthened overseas logistics base
  • Business efficiency and service quality improvement via IT adoption
  • Increasing societal needs for sustainable seafood distribution
  • Financial strengthening through stable revenue from real estate leasing
  • Development and expansion of high-value-added processed foods
  • Market development through customer diversification
  • Development of environmentally considerate logistics infrastructure
  • Stabilized procurement through collaboration on fishery resource management
  • Business adaptability leveraging historic experience between Tsukiji and Toyosu markets
  • Supply capacity expansion through strengthened alliances with partner companies
  • Promotion of supply chain digitalization

Strategic Goals

  • Achieve over 40% share in seafood wholesaling industry
  • Achieve over 30% reduction in environmental impact
  • Expand overseas sales ratio to 20%
  • Achieve over 90% digitalization rate
  • Breakthrough ¥50 billion in sales from new processed foods and logistics businesses
  • Sustainable growth in real estate leasing revenue
  • Apply sustainable procurement standards to all business partners
  • Maintain customer satisfaction over 90%
  • Reduce turnover rate through enriched talent development programs
  • Conduct over 15 regional community contribution activities annually

Business Segments

Seafood Wholesaling Business

Overview
Provides fresh and diverse products to a wide range of customers, centered on seafood wholesaling.
Competitiveness
Stable supply network and quality control based on Toyosu Market
Customers
  • Wholesale markets
  • Retail businesses
  • Restaurants
  • Food processors
  • Logistics companies
  • Hotels
  • School meal providers
  • Restaurant chains
  • Fresh fish shops
  • Supermarkets
Products
  • Fresh fish
  • Frozen seafood
  • Seafood processed products
  • Fish roe
  • Dried fish
  • Frozen seafood
  • Fish paste products
  • Seaweed
  • Farmed fish
  • Seasoned seafood

Logistics and Warehouse Services

Overview
Provides warehouse management specialized in seafood logistics and efficient delivery services.
Competitiveness
Strong logistics infrastructure with refrigerated facilities
Customers
  • Seafood wholesalers
  • Food manufacturers
  • Logistics companies
  • Retail businesses
  • Food service companies
Products
  • Refrigerated/frozen storage
  • Cargo handling
  • Delivery services
  • Inventory management
  • Logistics consulting

Real Estate Leasing Business

Overview
Leases real estate in Toyosu Market and surrounding areas to support market activities.
Competitiveness
Real estate management expertise in the seafood wholesaling industry
Customers
  • Market-related businesses
  • Logistics companies
  • Tenant building users
  • Wholesalers
Products
  • Office leasing
  • Warehouse leasing
  • Facility management
  • Commercial space provision

Processed Food Wholesaling

Overview
Wholesales processed seafood foods to meet B2B market needs.
Competitiveness
Toyosu Market procurement and logistics network
Customers
  • Supermarkets
  • Specialty stores
  • Restaurant chains
  • Deli shops
  • Retail stores
Products
  • Frozen fish fry
  • Pre-cooked seafood deli
  • Seafood processed products
  • Chilled pack products

Competitive Advantage

Strengths

  • Powerful distribution network based on Toyosu Market
  • Capital and business alliance with Nippon Suisan
  • Stable revenue base from diversified business operations
  • Long history and trust in the market
  • Robust logistics and refrigerated facility infrastructure
  • Wide product lineup and brand strength
  • Comprehensive strength through extensive subsidiaries
  • Flexible management adapting to market relocation
  • High expertise in seafood processing technology
  • Stable customer base and procurement power
  • Strong community relationships
  • Solid financial foundation
  • Experienced management team
  • Business rooted in the region
  • Utilization of diverse sales channels

Competitive Advantages

  • Maintained market superiority following Tsukiji to Toyosu relocation
  • Supply stability through collaboration with major firms like Nippon Suisan
  • High-freshness delivery via nationwide refrigerated logistics network
  • High market share in wholesaling industry due to strong presence
  • Risk diversification through diversified business structure
  • High customer satisfaction from high-quality seafood handling
  • Excellent logistics efficiency due to prime market location
  • Consistent quality control and traceability compliance
  • Cost competitiveness from bulk procurement capabilities
  • Information gathering strength leveraging regional networks
  • Value-added processing services for customers
  • Stable income from real estate leasing business
  • Long-term trust gained as market-related business operator
  • Prompt operational response and customer service
  • Experience in promoting sustainable seafood distribution

Threats

  • Supply instability due to declining fishery resources
  • Intensifying market competition and price pressure
  • Rising import costs due to international situation changes
  • Changes in fishing grounds due to climate change
  • Pressure from distribution system innovations by emerging IT firms
  • Increased business costs from regulatory tightening
  • Operational constraints from strengthened environmental regulations
  • Declining trend in market transaction volumes
  • Challenges in responding to diversifying customer purchasing patterns
  • Logistics disruption risks from novel infectious disease outbreaks
  • Exchange rate risks from yen depreciation/appreciation
  • Shrinking domestic demand due to population decline

Innovations

2023: Dalian Refrigerated Warehouse Expansion Becomes Operational

Overview
Newly installed Japanese-style high-function refrigerated warehouse in Dalian, China, expanding capacity to approx. 60,000 tons.
Impact
Contributes to strengthening overseas seafood logistics and developing new markets

2022: Complete Relocation from Tsukiji to Toyosu Market

Overview
Relocated wholesaling operations and head office functions to Toyosu Market, achieving business efficiency with latest equipment.
Impact
Succeeded in rationalizing logistics and improving freshness retention capabilities

2021: Launch of Digital Order Management System

Overview
Digitalized order and procurement processes with business partners, improving efficiency and accuracy.
Impact
Achieved 30% improvement in transaction management efficiency and productivity gains

2024: Plan to Upgrade Environmentally Friendly Refrigeration Equipment

Overview
Upgrading to energy-efficient refrigeration equipment to reduce CO2 emissions.
Impact
Aims to reduce environmental impact and running costs

2023: Overhaul of Logistics Traceability System

Overview
Enhanced traceability functions for seafood logistics using latest IT technology.
Impact
Contributes to improved product safety and customer satisfaction

2022: Opening of New Real Estate Leasing Facility

Overview
Opened new office and warehouse facilities in Toyosu area to strengthen business foundation.
Impact
Expanded market-related leasing business to secure stable revenue

Sustainability

  • Strengthening collaboration with business partners for fishery resource conservation
  • Energy-saving upgrades to refrigerated equipment to reduce environmental impact
  • Support activities for local fishermen to promote local production for local consumption
  • Promotion of waste recycling at Toyosu Market
  • Establishment of information disclosure system for sustainable seafood distribution
  • CO2 emission reductions through efficient transportation logistics
  • Employee environmental awareness programs
  • Sustainable procurement in collaboration with partner companies