ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Jun 30, 2022 18:23 JST
Source:
Mitsubishi Corporation
MC and Maruha Nichiro Agree to Establish New Joint Venture in Salmon (land-based)
TOKYO, Jun 30, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) and Maruha Nichiro Corporation (Maruha Nichiro) are pleased to announce our agreement to establish a new joint venture company, ATLAND Corporation (ATLAND), that will specialize in the land-based production of salmon. ATLAND will be established in Nyuzen town of Toyama prefecture in around October 2022.1
The investment ratio of ATLAND will be MC 51% and Maruha Nichiro 49%. Following the establishment of the company, a land-based aquaculture facility with a capacity of 2,500 tons (live weight equivalent) will be constructed in Nyuzen town, with the aims of starting operations in 2025 and completing the first delivery in 2027.
MC and Maruha Nichiro have been discussing the joint promotion of this project since March 2021. This project is expected to help develop a sustainable and stable land-based production system, efficient digital-tech-based operations, local production for local consumption, and progress in decarbonization. Our companies are both dedicated to leveraging our strengths and businesses to simultaneously generate economic, environmental and societal value.
Local Production for Local Consumption of Salmon
There are few suitable locations for conventional salmon aquaculture, due to the need for year-round low seawater temperatures, mild weather and wave activity. For those reasons, the vast majority of the world's farmed salmon is produced in Norway and Chile, but expectations are that global demand for this high-quality animal protein will continue to grow in the future. The aim of our joint project is to create a local-production-for-local-consumption business model in Japan's salmon industry.
Low-Carbon, Carbon-Free / Digitalization
This business model is expected to produce fewer greenhouse gas emissions compared to the practice of importing fresh salmon to Japan by air from salmon-farming countries.
In addition, land-based aquaculture that uses Recirculating Aquaculture Systems (RAS)2 is highly compatible with digital technologies. These systems use advanced water-treatment technologies to control and manage the farming environment. By employing these methods, we aim to take advantage of AI and IoT to stabilize production, and otherwise optimize our own salmon farming operations.
Water Resources in Nyuzen Town
ATLAND's facility uses ground water originating from the Kurobe River and deep seawater3 from the Toyama bay. Deep seawater is characterized by its cleanliness and low, stable temperature, which makes it possible to operate the facility by reducing the amount of energy required to create a water environment suitable for land-based production.
1. Completion of this project is subject to the approval of the relevant regulatory authorities.
2. This model of land-based salmon aquaculture involves using special technologies to circulate water in and out of tanks where the fish are raised. The water is treated, removed of waste, and cleaned before it is pumped back into the tanks. This creates a controlled environment that supports health and welfare of the salmon throughout the growth cycle.
3. In Toyama prefecture, a large amount of low-temperature "Japan Sea Proper Water" exists at depths of 300m or more.
Source: Mitsubishi Corporation
Sectors: Agritech, Food & Beverage
Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Latest Release
Mitsubishi Motors to Launch an All-New BEV Based on Nissan's Next-Generation LEAF in North America in the Second Half of 2026
May 08, 2025 11:25 JST
Mitsubishi Motors and Foxtron Sign MOU for OEM Supply of EV
May 08, 2025 11:08 JST
Everest Medicines Announces NMPA Full Approval of NEFECON, Broadening Treatment Access for IgA Nephropathy Patients in China
May 07, 2025 19:06 JST
Anime Tokyo Station: Mobile Suit Gundam GQuuuuuuX -Beginning- Special Exhibition
May 03, 2025 03:00 JST
TOYOTA GAZOO Racing Set for Spa spectacle
May 02, 2025 19:29 JST
FWD Group reports exceptionally strong first quarter new business update
May 02, 2025 17:00 JST
Toyota Mobility Foundation, Bangkok Metropolitan Administration, UN-Habitat, Asian Institute of Technology and Toyota Motor Thailand Sign a Letter of Intent (LOI) to Launch the TRUST Project for Road Safety in Thailand
May 01, 2025 17:48 JST
Katalon Officially Launches TrueTest(TM) - The First AI-Native Testing System That Thinks Like a Tester and Learns from Users
Apr 30, 2025 17:20 JST
Eisai Representative Corporate Officer and CEO Haruo Naito Awarded the Order of the Rising Sun, Gold and Silver Star
Apr 30, 2025 14:17 JST
Mitsubishi Shipbuilding Holds Christening and Launch Ceremony of Large Car Ferry KEYAKI in Shimonoseki
Apr 29, 2025 17:24 JST
NEC DGDF Headquarters relocates to Zurich to accelerate growth and enhance management globally
Apr 28, 2025 16:03 JST
NEC achieves Japan's longest terrestrial wireless optical communication over 10 km
Apr 25, 2025 17:50 JST
Olympus Appoints New CEO
Apr 25, 2025 15:30 JST
DENSO Announces Year-End Financial Results
Apr 25, 2025 12:17 JST
DENSO and DELPHY Sign Memorandum of Understanding to Develop Data-Driven Smart Horticulture
Apr 24, 2025 18:43 JST
MyJCB App Wins "iF DESIGN AWARD 2025"
Apr 24, 2025 17:00 JST
Fujitsu launches new company 1FINITY to strengthen network products business
Apr 24, 2025 16:24 JST
MHIEC Completes Renovation of Core Facilities for Arita Municipal Recycle Plaza in Saga Prefecture
Apr 24, 2025 15:01 JST
NEC invests in U.S.-based "Geodesic Alliance Fund" aiming to strengthen economic security business
Apr 24, 2025 10:23 JST
MHI Thermal Systems Wins German Red Dot Design Award 2025
Apr 24, 2025 10:11 JST
More Latest Release >>
Related Release
Mitsubishi Corporation makes DennoKotsu an equity-method affiliate company, strengthening efforts to address regional transportation challenges
4/11/2025 10:39:00 AM JST
Mitsubishi Corporation to Participate in Demonstration Project for New Hydrogen-Based Ironmaking
4/9/2025 6:22:00 PM JST
Mitsubishi Corporation Announces Corporate Strategy 2027
4/4/2025 9:04:00 AM JST
Mitsubishi Corporation: Development of R&D Hub "iPark Kobe" in Kobe Medical Industry City
4/1/2025 2:16:00 PM JST
Mitsubishi Corporation, ADM Sign Non-Binding MOU, Form Strategic Alliance
3/28/2025 4:29:00 PM JST
Start of Joint Study on Integrated Power and Data Center Business in Ohgishima area in Keihin District
3/26/2025 2:31:00 PM JST
Hokkaido Electric Power Corporation and Mitsubishi Corporation Establish a Joint Venture "Hokkaido Renewable Energy Aggregation Co., Ltd."
3/13/2025 1:26:00 PM JST
Mitsubishi and ENEOS to conduct Front End Engineering Design for Sustainable Aviation Fuel (SAF) Production at the Wakayama Refinery
2/24/2025 12:30:00 PM JST
Mitsubishi Logistics Corporation, Mitsubishi Corporation, and Yourstand Inc. Advancing Completely CO2-Free Electrification of Pharmaceutical Transportation
2/21/2025 3:01:00 PM JST
Launch of Joint Demonstration Experiment of Remote Provision of GPU Computing Power
2/17/2025 2:10:00 PM JST
More Press release >>