OUG Holdings Inc.
8041・Standard Market・Wholesale Trade
Marine Products Receiving Business
Core marine products wholesale segment with collection and sales functions centered on central wholesale markets
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (external customers, full year FY2026) | ¥211,941 million | ¥204,073 million | ↑ |
| Net sales (segment total, including intersegment, full year FY2026) | ¥221,230 million | ¥213,419 million | ↑ |
| Segment profit (full year FY2026) | ¥2,541 million | ¥3,585 million | ↓ |
| Net sales (external customers, full year FY2025) | ¥204,073 million | — | — |
| Segment profit (full year FY2025) | ¥3,585 million | — | — |
Business Details
A business that sells marine products at central wholesale markets under the Wholesale Market Act. It performs the collection and sales function of intermediating marine products from producers to actual end users such as mass retailers, restaurants, and hotels. In FY2026 (ending March 2026), external customer sales were ¥211,941 million, making it the largest segment, accounting for approximately 58% of the Group's consolidated net sales of ¥363,666 million. Sales increased due to higher unit selling prices, but segment profit declined due to a decrease in sales volume, higher merchandise procurement costs, and increased personnel and logistics costs.
Recent Overview
Sales increased on higher unit selling prices, but segment profit declined sharply due to lower volume and higher costs
In FY2026 (ending March 2026), net sales rose to ¥221,230 million (103.7% year on year) due to higher unit selling prices. On the other hand, the gross profit margin declined due to a decrease in sales volume and higher merchandise procurement costs, compounded by increased selling, general and administrative expenses centered on personnel and logistics costs. As a result, segment profit fell sharply to ¥2,541 million (70.9% year on year) from ¥3,585 million in the prior year.
Key Products
Growth Drivers
- Rise in unit selling prices (driven by a general rise in marine products market conditions and expanded restaurant demand from the recovery in inbound demand)
- Continued recovery in demand related to restaurants, lodging, and inbound tourism
- Initiatives toward the "Strengthening of the Fresh Fish Business" theme under the Medium-Term Management Plan 2024
- Strengthening of sales and procurement capabilities and enhancement of product competitiveness through Group collaboration
- Expansion of sales channels through deepening and expanding the Kanto market
Risks
- Increase in selling, general and administrative expenses, mainly personnel and logistics costs (the main cause of the profit decline in FY2026 full year)
- Risk of decreased sales volume (confirmed in FY2026 full year)
- Decline in gross profit margin due to rising merchandise procurement costs
- Sluggish demand related to at-home consumption (continued rise in consumer prices and thrift-oriented spending)
- Dependence on Wholesale Market Act regulations (risk of changes to the market system)
- Risk of unstable marine products supply (climate change, fluctuations in catch volumes)
Last updated: June 23, 2026