Japanese giants Mitsubishi and Maruha Nichiro leap into the land-based salmon farming business

Local production for local consumption is hoped to reduce carbon emissions and supply an increasing demand for salmon.

The joint venture, established under the name Atland Company, will be 51 percent owned by Mitsubishi and 49 percent by Maruha Nichiro, whose CEO, Masaru Ikemi, is seen here.
The joint venture, established under the name Atland Company, will be 51 percent owned by Mitsubishi and 49 percent by Maruha Nichiro, whose CEO, Masaru Ikemi, is seen here.Photo: Maruha Nichiro
Published 30 June 2022, 07:06Updated 30 June 2022, 13:08