date:May 26, 2014
owing on a decline of 27 percent the year before.
The declines were attributed to a massive frozen-foods recall, poor results from pollock operations, a weak yen, and early mortality syndrome (EMS) at its South East Asian shrimp farms.
Subsidiary Aqli Foods had to recall of 6.3 million packages of frozen pizzas, chicken nuggets, gratin and corn croquettes tainted with the pesticide malathion. A contracted worker has been indicted for the crime.
To take responsibility, the president of Maruha