The world's largest seafood company Maruha Nichiro posted a decrease in operating income for the year ending March 30.
Operating income for the group, which has operations across fishing, aquaculture and processing, fell 11.2 percent to JPY 21.8 billion (€174.4 million/$196.2 million), while revenues nudged up just 0.4 percent to JPY 922.5 billion (€7.4 billion/$8.3 billion).
However, the company forecasts an upturn of 17.2 percent in operating income for fiscal year 2020 to JPY 255 billion (€2 billion/$2.3 billion) and a sales increase of 1.9
