Exports of raw materials to China are strengthening, Japanese company Nichimo's performance achieves a rebound.

From a business structure perspective, Nichimo's profit improvement in this round did not come from deep processing or high-value-added products, but was significantly benefited by the increase in trade volume on the raw material side. In the company's food business segment, the continuous strengthening of exports of Alaska raw material fish to China effectively offset the downward pressure on traditional businesses such as fish paste. Nichimo confirmed that these products are frozen raw fish from Alaska, USA, mainly supplied to the Chinese processing market. In the context of the current pressure on the global white fish industry chain, this structural change is representative. On the one hand, Nichimo's fish paste (surimi) business was clearly under pressure during the reporting period. The company pointed out that the continuous rise in raw material costs pushed up the price of finished products, which inhibited market demand. At the same time, the weak production of fish paste ...