Okamura Foods Co. Ltd.
TTSE:29381,213.00
JPY
+9.00
(+0.75%)
Okamura Foods Co. Ltd.
TSE:2938
(Tokyo Stock Exchange)
Recent
price
1,213.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Okamura Foods Co., Ltd. engages primarily in salmon trout aquaculture, domestic and overseas processing of seafood products, and overseas wholesale of Japanese food items. The company farms and sells adult salmon trout through operations in Aomori, Japan, and Denmark; processes and sells fish egg products including salmon roe, sujiko, and herring roe at domestic factories; produces processed seafood such as raw salmon sushi toppings, baked grilled fish, boiled fish, salmon slices, and mackerel at overseas facilities in Myanmar and Vietnam; and wholesales marine products and Japanese foods internationally, including through bases in Singapore and a new subsidiary in Hong Kong. Founded in 1971 and headquartered in Aomori, Japan, Okamura Foods serves supermarkets, restaurants, and mass markets in Japan and exports across Asia, Europe, and other regions, operating four main segments with approximately 806 employees and recent annual revenue exceeding JPY 35 billion. In recent developments, its wholly owned Danish subsidiary Musholm A/S acquired a 51% stake in Latvia's Riga Bay Aquaculture in June 2025 to establish a third aquaculture base, secure stable trout roe supply, and expand production amid Danish licensing constraints, targeting global top-20 trout producer status by 2030; Musholm also acquired Lundby Fisk earlier in 2025 to boost Danish trout farming capacity. The company established OKAMURA TRADING (HONG KONG) COMPANY LIMITED as a wholly owned subsidiary on November 10, 2025, with HKD 15 million capital to enhance overseas wholesale into China and Southeast Asia under its Medium-Term Management Goals 2030. Additionally, Okamura Foods implemented a 3-for-1 stock split effective June 27, 2025, to improve liquidity and broaden its investor base, while domestic subsidiary Japan Salmon Farm plans to double salmon production to 3,000 tonnes for regional demand.