Okamura Foods Sets Mid-Term Growth Target of JPY 62 Billion by 2030.
Okamura Foods, a Japanese seafood company engaged in salmon and trout farming and processing, has announced a new mid-term management target, forecasting sales of JPY 62 billion ($410 million) and operating profit of JPY 7.2 billion ($48 million) by the fiscal year ending June 2030. The projection represents a significant increase from its record-high revenue of JPY 32.7 billion ($218 million) in FY 2024.
Company president Koichi Okamura outlined the plan at a press conference on 14 February, stating that the company’s top priorities include expanding domestic aquaculture capacity and strengthening overseas wholesale operations. As part of this strategy, Okamura Foods is advancing plans for a new intermediate farming facility to support its growth ambitions.
“The selection process for the intermediate farming site is currently under review. While we are not yet in a position to make an official announcement, we are considering locations within Aomori Prefecture, Hokkaido, and the Tohoku region,” Okamura said.
With rising demand for Japanese cuisine across Asia, the company also aims to enhance product quality and increase its market competitiveness through stronger proposal-based sales strategies.
