Nissui's strong half-year profit growth driven by aquaculture, North American seafood

Nippon Suisan Kaisha (Nissui) announced consolidated net sales of JPY452.9 billion for the second quarter (interim period) of the fiscal year ending March 2026, a 2.8% increase year-on-year. Operating profit rose by 14.6% to JPY19.7 billion, while ordinary profit increased by 11.2% to JPY21.2 billion. Profit attributable to owners of parent grew by 13.7% to JPY14.2 billion. The company maintained its full-year forecast, with interim results outpacing the plan, showing a 50.3% progress rate for net sales and 57.4% for operating profit.

The strong performance was primarily driven by improved aquaculture results and robust North American seafood processing, alongside continued strong domestic chilled food sales. The interim dividend was raised by JPY2 to JPY14 per share, as planned. Nissui remains focused on expanding aquaculture, preparing new plants for full-scale operation, and realizing sales of pharmaceutical raw materials.

Despite the positive results, Nissui acknowledges uncertainties in the business environment, including global economic measures, consumer trends, and market conditions for marine products and rice. The company plans to enhance value chain resilience and aims to achieve its long-term vision of "GOOD FOODS 2030."