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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Diversified Food - Major > Nichirei Corporation

Nichirei Corporation
 PROFILE
Even embezzlement couldn't keep Nichirei down. Nichirei is Japan's #1 producer of frozen foods and the leader in cold storage warehousing; it also has operations in livestock and marine products and real estate. It has refrigerated facilities in Japan and Europe. Nichirei has liquidated its US subsidiaries, incuding Nichirei Foods America (a manufacturer of frozen imitation crab products); its business in the US is now limited to buying meat, seafood, and frozen vegetables and exporting them to Japan. An employee at Nichirei's Yukiwa food and beverage sales subsidiary misappropiated billions of yen in the 1990s, causing huge losses for the company and leading it to sell some real estate.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 5,397.60
1-Yr. Sales Growth: 12.4%
Employees: 5,951
Revenue per employee: $907,007.23

 KEY PEOPLE
• Tadashi Teshima
    CEO
• Koji Yokota
    CFO

 CONTACT INFO
19-20 Tsukiji 6-Chome, Chuo-ku
Tokyo 104-8402, Japan
Phone: 81-3-3248-2101
Fax: 81-3-3248-2119
Online: Web Site

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