THE YONKYU CO.,LTD.
9955・Standard Market・Wholesale Trade
Fresh Fish Sales Business
Core business wholesaling farmed fish, wild fish, and processed products to markets nationwide, accounting for approximately 66% of group sales
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment revenue | ¥31,466 million | ¥28,844 million | ↑ |
| Segment profit | ¥220 million | ¥74 million | ↑ |
| Segment assets | ¥12,753 million | ¥11,694 million | ↑ |
| Depreciation | ¥553 million | ¥546 million | ↑ |
| Increase in tangible/intangible fixed assets | ¥163 million | ¥196 million | ↓ |
| Equity in losses of affiliates | ¥(50) million | ¥37 million (profit) | ↓ |
Business Details
The Company and its subsidiaries purchase farmed fish (sea bream, yellowtail, amberjack, etc.) from fishery cooperatives and aquaculture operators in Shikoku and Kyushu, and sell mainly to receiving companies at central wholesale markets nationwide. The segment also handles wild-caught fish, processed products, juvenile fish, artificially hatched juvenile fish, tuna, and eel. It includes tuna farming by Hifurishima Aquamarine LLP, eel farming by Nishinihon Yoman Co., Ltd., and retail/food service of fresh fish by equity-method affiliate Mogami Sengyo Co., Ltd.
Recent Overview
Sales revenue rose 9.1% on elevated fish prices, with segment profit improving substantially by 194.9% year on year
In the Fresh Fish Sales Business for FY2026 (ending March 2026), sales revenue rose to ¥31,466 million (up 9.1% year on year) as fish prices continued to trend at elevated levels. Segment profit improved substantially to ¥220 million (up 194.9% year on year). Meanwhile, the eel farming business continued to post an operating loss due to weak domestic demand, an oversupply sentiment for domestic eel, and declining selling prices caused by inexpensive live eel imports from China and other countries. In addition, investment gains/losses at equity-method affiliate Mogami Sengyo Co., Ltd. swung from a profit of ¥37 million in the prior period to a loss of ¥50 million, acting as a drag at the ordinary income level.
Key Products
Growth Drivers
- Rise in sales unit prices driven by elevated fish prices
- Expansion of the processed products business and increased utilization of the Misaki processing plant
- New development of EU exports following EU HACCP certification
- Efforts to improve the productivity and profitability of the artificial hatching business
- Strengthening of sales to mass retailers and food service channels in the Greater Tokyo area
Risks
- Risk of declining selling prices in the eel farming business due to weak domestic demand, an oversupply sentiment for domestic eel, and inexpensive live eel imports from China and other countries
- Decrease in the number of fish in ponds and sales volume for amberjack and others due to climate change (red tide, rising seawater temperatures)
- Fish price fluctuation risk (direct impact on sales and profit when fish prices decline)
- Rising farming costs due to persistently high prices of raw materials such as compound feed
- Risk of investment losses due to deteriorating performance at equity-method affiliate Mogami Sengyo Co., Ltd.
- Rising logistics costs and pressure on consumer spending from price increases due to worsening conditions in the Middle East
Last updated: June 18, 2026