loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Asia drives seafood M&A

Maruha Nichiro’s annual profit slides 41% on frozen food recall

Extraordinary losses of $48m related to the recall of tainted frozen food products by its subsidiary Aqli Foods hit Japanese giant's bottom line 

By Undercurrent News | May 9, 2014 10:13 BST
Maruha Nichiro set for more overseas M&A as ex-Japan sales pass $1bn
Related

Maruha Nichiro eyes overseas acquisitions to boost access to resource

Maruha Nichiro set for more overseas M&A as ex-Japan sales pass $1bn

Maruha Nichiro ups Alaska pollock surimi production

Westward Seafoods names new president

Recall cost Maruha Nichiro $34m, drives 39% drop in profit

Maruha Nichiro set for more overseas M&A as ex-Japan sales pass $1bn

Maruha Nichiro completes merger

Maruha Nichiro completes merger

Austral sees Whole Foods interest in Glacier 51-branded toothfish

Austral appoints former NZ King Salmon, Claudio's exec as GM of trading arm

Liquidation experts take over troubled US offshore farmer that once had $170m backing

AdvertisementX

By Masahiko Takeuchi, Minato Tsukiji

Maruha Nichiro Corporation reported a consolidated net income of JPY 3.2 billion ($30.7 million) for the fiscal year 2013 ending March 31, 2014, a year-on-year drop of 41.4% [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

Oregon Dungy crab season postponed due to domoic acid, low meat yield

US Pacific hake supplier Sogda at mercy of nature as TAC, landings diverge

AquaChile announces major restructuring in North America to boost global competitiveness

Trade insights: China’s October shrimp imports fall 13%

AdvertisementX

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.