Yokohama Maruuo Co., Ltd (8045) Stock Price

Market cap
¥11.8B
P/E ratio
18.4x
Yokohama Marugyо Group operates seafood wholesale and retail businesses through central markets in Yokohama and Kawasaki, serving mass retailers and food service companies.

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Business Overview

The Yokohama Marugyо Group consists of Yokohama Marugyо and four subsidiaries, with seafood wholesale operations as its core business. This segment handles wholesale distribution of seafood products through central and regional wholesale markets in Yokohama and Kawasaki. Yokohama Marugyо and Kawasaki Marugyо operate this business.

The group also operates a seafood sales business. It purchases seafood from central wholesale markets and other sources, then sells to mass retailers and food service companies. Hans Inc. and Tateyama Marugyо manage this segment, enabling the group to supply fresh seafood to a broad customer base.

Additionally, Yokohama Marugyо operates a real estate rental business. By leasing rental apartments and other properties, the company generates stable revenue. This business is directly managed by Yokohama Marugyо and provides community-focused services.

Transportation is another important segment for the Yokohama Marugyо Group. Yokohama Fish Market Transportation Inc. primarily handles seafood logistics, enabling the group to build an efficient distribution network and deliver prompt service to customers.

Management Policy

Yokohama Marugyо has formulated the "Yokohama Marugyо Group Medium-Term Management Plan 2023 ~Rebirth~" to achieve sustainable growth. This plan covers fiscal years 2023 through 2025 and outlines initiatives to realize sustainable growth and development. Based on the core concept "Face To Face With," the company will provide new value through co-creation with customers and business partners while advancing transformation in response to changing times.

Strengthening procurement capacity is a key initiative for Yokohama Marugyо. Information gathered through planned visits will be shared across the group to build an efficient procurement system. The company will also strengthen its network with fishing cooperatives in Kanagawa Prefecture and increase transaction volumes to differentiate itself from other markets. This will establish a stable supply system and enhance competitiveness.

Strengthening international trade is part of Yokohama Marugyо's growth strategy. The company is focusing on overseas markets where demand for seafood products is increasing due to growing health consciousness. It will build partnerships with companies that have strong sales capabilities, leveraging superior product quality to expand sales in overseas markets and secure new revenue sources.

Strengthening sales capabilities is also a critical initiative. The company will develop and propose products tailored to customer needs to improve customer satisfaction. Specific measures include strengthening fresh fish processing, collaborating with aquaculture operators, enhancing e-commerce sales, and promoting local fish sales. These efforts will deepen customer relationships and secure stable revenue.

The company is also undertaking a renewal of its human resources system. It will promote the recruitment of diverse talent to build a vibrant organization. In response to demographic changes, the company is creating an environment where diverse people can work with enthusiasm and fulfillment. This will enhance corporate competitiveness and support sustainable growth.

Through these initiatives, Yokohama Marugyо aims to achieve sustainable growth and development while contributing to society. With all employees maintaining strong commitment to targets and executing the plan steadily, the company will work to enhance corporate value.

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