Chris Loew

Tokyo, Japan-based seafood conglomerate Nissui released its consolidated financial results for fiscal year 2020 on 13 May, and its related presentation materials on 21 May, indicating the company saw a decline in sales and profit.

The company reported its net sales declined by 4.9 percent, and its operating profit dropped 20.8 percent. Ordinary profit was off by 11.8 percent, and profit attributable to the owners of the parent were fairly stable

American consumers are familiar with the “Dolphin Safe” label on their tuna cans, and they may soon be seeing “FAD-free” labels, too.

The Blue Marine Foundation, a London-based NGO focused on marine conservation, hosted a free online interactive roundtable on “Fish Aggregating Devices (FADs) in Responsible Tuna Fisheries” on Thursday, 6 May.

The foundation is focused on securing marine protected areas,

Mitsubishi Corporation, the parent company of Norway-based Cermaq, reported on 7 May in its financial results for the year ending on March 2021 that the company saw a drop in revenue in 2020.

The company reported revenues of JPY 12.8 trillion (USD 118.5 billion, EUR 97.4 billion), down nearly 13 percent from last year, mainly due to decreased volumes in its petroleum business. Gross profit fell by 10 percent from 2010, to JPY 1.6 trillion

A trial at Japan’s Kindai University has shown that Menlo Park, California-based Calysta Inc.’s FeedKind bacterial protein meal (BPM) can replace up to 30 percent of fishmeal protein – or up to 20 percent of total feed – in the diet of yellowtail without any impact on growth rate, digestibility, daily feeding rate, or feed efficiency.

The paper, "Methanotroph (Methylococcus capsulatus, Bath) bacteria meal as an

The Pew Charitable Trusts officially named Gakushi Ishimura, an associate professor at Iwate University in Japan, a Pew Marine Fellow on 1 April, which comes with a USD 150,000 (EUR 124,882) grant to support his fisheries research over three years.

The research funded by the grant will focus on investigating the responses of Japanese fisheries to extreme events, such as the 2011 Great East Japan earthquake and tsunami and the current pandemic.

The administration of Japanese Prime Minister Yoshihide Suga announced its decision to release stored cooling water held in tanks surrounding the damaged Fukushima No. 1 nuclear power plant on Tuesday, 13 April. Tokyo Electric Power Company (TEPCO) was instructed to make plans to begin releasing the water in two years.

There is limited room around the factory to increase the number of tanks, and the space will be needed for future efforts

The nonprofit financial think tank Planet Tracker has released a study asserting that Japanese companies highly exposed to seafood are beginning to suffer constraints from the country’s overfished resources and that their valuations over the last decade have declined as a result.

Titled “Against the Tide – The Japanese Seafood Industry Confronts Nature’s Limits,” the report is mainly aimed at institutional