yokohama gyorui co.,ltd.【JP:7443】Stock Price

Yokohama Gyorui is primarily engaged in the sales and processing of seafood products. The company operates through 3 subsidiaries and 1 affiliated company, conducting wholesale and processing operations for seafood. Its core business is seafood wholesale at the Yokohama Central Wholesale Market and the Northern Market of the Kawasaki Central Wholesale Market.

Three subsidiaries of Yokohama Gyorui, including Sakae Foods Co., Ltd., and the affiliated company Yokohama Food Service Co., Ltd., engage in wholesale operations for seafood-related products. Additionally, Yokohama Food Service Co., Ltd. also operates seafood processing operations.

Furthermore, Yokohama Gyorui operates a real estate rental business for food processing facilities and other properties. This real estate rental business has expanded in scale and is positioned as a reporting segment on par with the seafood wholesale business. Nissui Co., Ltd., a major shareholder, supplies and sells products to Yokohama Gyorui.

Yokohama Gyorui bases its growth strategy on seafood wholesale operations at the Yokohama Central Wholesale Market and the Northern Market of the Kawasaki Central Wholesale Market. The company's fundamental policy is to provide high-quality products at stable, competitive prices. Through processed products tailored to consumer needs, it aims to support a rich and healthy food lifestyle.

To address declining sales to intermediate wholesalers, the company is actively expanding sales to supermarkets, specialty fresh fish retailers, and rapidly growing seafood e-commerce operators. This approach opens new sales channels and strengthens the company's operational foundation.

The company targets an operating profit margin of 0.5% of sales revenue to secure stable operating profits. As off-market distribution expands, the company recognizes the need to diversify its sales channels to navigate an increasingly competitive operating environment.

Yokohama Gyorui has partnered with group companies that serve mass retailers and established low-temperature processing and logistics facilities called "Nanbu Pescamercado" and a food processing facility called "Nanbu Pescamercado II" at the Yokohama Southern Market. Using these facilities, the company provides fresh, convenient products and expands sales to mass retailers and e-commerce operators.