Nichirei traded at 2,001.00 this Friday February 6th, increasing 26.00 or 1.32 percent since the previous trading session. Looking back, over the last four weeks, Nichirei gained 7.93 percent. Over the last 12 months, its price fell by 44.80 percent. Looking ahead, we forecast Nichirei to be priced at 1,834.95 by the end of this quarter and at 1,621.92 in one year, according to Trading Economics global macro models projections and analysts expectations.
NICHIREI CORPORATION is a Japan-based company engaged in processed food business, fishery business, livestock business, low-temperature logistics business, real estate business and other businesses. The Company operates in five business segments. Processed Food segment is engaged in the manufacture, process and sale of frozen food, processed agriculture products and others. Marin Products segment is engaged in the process and trading of seafood products. Animal Husbandry segment is engaged in process and sale of poultry, breeds, as well as the sale of chicken for meat. Low-temperature Logistics segment is engaged in the third-party logistics business, the provision of storage, inventory control and others. Real Estate segment is engaged in the leasing of office buildings and parking lots. The Company is also involved in the bioscience business, the personnel salary related business services, as well as the business related to greening management and cleaning services.