ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Business

Japan's Maruha Nichiro to export fully farmed tuna

Maruha Nichiro belongs to a small group of fish farm operators that can raise bluefin tuna from eggs to adulthood.

TOKYO -- Thanks to advancements in aquaculture technology, Maruha Nichiro is looking to start exporting bluefin tuna raised from eggs as soon as fiscal 2018.

The Japanese seafood company has been selling fully farmed bluefin tuna to Aeon and other major domestic retailers since fiscal 2015. It now aims to boost sales to restaurant chains in Japan and cultivate export markets.

With Japanese food gaining popularity in the U.S. and Europe, the company sees great potential for its bluefin tuna there. Farming addresses growing public concern that overfishing is driving bluefin tuna into extinction.

Through generations of selective breeding, Maruha Nichiro has been able to dramatically raise the odds of juvenile bluefin tuna growing to maturity in a fish farm. It now anticipates its shipments of fully farmed tuna soaring fivefold from fiscal 2015 to about 600 tons, or roughly 10,000 individual fish, in the fiscal year starting in April 2018.

Japanese fish farms produced 15,000 tons of bluefin tuna in 2015, but less than 300 tons was raised from eggs into maturity. Maruha Nichiro, Osaka's Kindai University and Toyota Tsusho are among the few organizations that produce fully farmed bluefin tuna.

In 2013, 26,000 tons of wild bluefin tuna was caught worldwide.

(Nikkei)

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media