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General Meeting of Japan Canners Association Aims for Vitalization, Taking Advantage of Recession

May 28, 2009

The Japan Canners Association (Chairman Akira Oze, who is a Chairman of House
Foods) held an executive meeting as well as a regular general meeting on May 26 in Tokyo. The original business report and plan were smoothly approved.


There are 409 members and patron members in the association; two new companies
joined the association, while 13 companied left. The relocation of its office, completed last year, is believed to generate a \10 million reduction in an annual rent expense: "Revenue from membership fee is expected to drop, and therefore we need to make a further effort to run efficient business," Executive Managing Director Hiroyuki Masuda commented.


Chairman Oze said, "The domestic economic slowdown encourages the reevaluation of products and product categories, symbolizing an era when the differentiation of products becomes clear. Going the extra mile to earn more consumer trust is needed." Yuji Igarashi, Vice Chairman of Maruha Nichiro Holdings, also called for a more effort: "In the midst of the financial recession, canned products of mackerel, saury, and sardine are moving really well. We must overcome the difficulty of the economic stagnation as the recession-proof can industry."


The business plan for the new fiscal year remained almost similar to that of last year: 1) safety assurance and the improvement of consumer trust; 2) new technology development and the enhancement of technology level; 3) product sales expansion and the revitalization of the market; 4) compliance with food law and regulations; and 5) provider of useful and accurate information. In an effort for the market reactivation, a can recipe competition in collaboration with a major cooking website "COOKPAD" and the dissemination of recipe books at volume retailers, will be continued.


The original article was published on May 28, 2009 and was translated by Kiyo Hayasaka.


Tuna Supply/Demand from April thru June: Supply Amount Shows Slight Increase

May 28, 2009

According to a forecast meeting of the first Tuna Supply-Demand Council this year, the supply amount of tuna from April through June will increase slightly from last year and the yield amount will drop somewhat. The import amount will also exhibit a slight fall and the wholesale price will move moderately bearishly.


The total production amount from January to March came to 32,812 tons, 87 percent in year-over-year measurements. The total import amount of tuna was 37,917 tons, or 83 percent of last year. The inventory quantity as of February totaled 58,249 tons, recording at 102 percent.


The original article was published on May 28, 2009 and was translated by Kiyo Hayasaka.

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