¥301 billion from keeping food cold: Nichirei's other core business.
For the year ended March 2026, Nichirei reported ¥716.1bn in consolidated sales and ¥39.0bn in operating profit. Its Food segment generated ¥426.7bn in sales and ¥19.9bn in operating profit, while temperature-controlled logistics generated ¥301.0bn and ¥18.6bn respectively. Overseas logistics sales were ¥92.6bn. Logistics operating profit rose by ¥2.8bn year on year, although ¥2.4bn of profit impact came from depreciation-method changes and related effects; it should not all be attributed to underlying demand. The company's roots go from a fisheries-control enterprise in 1942 to ice-making, cold storage and freezing in 1943, to private Nippon Reizo in 1945, refrigerated long-haul trucking in 1959 and logistics in Europe in 1988. Making frozen food and helping many companies keep food cold are distinct commercial activities built on a long shared history of preserving and delivering food.