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Proximar Seafood AS ( (DE:84Q) ) just unveiled an update.
Proximar Seafood reported continued ramp-up at its Oyama, Japan, facility, with standing biomass reaching 1,933 metric tonnes at year-end 2025 and total harvest for 2025 at about 1,338 tonnes (HOG) from roughly 2.2 million salmon across 23 batches. Fourth-quarter performance was marked by strong survival rates of 99.7% in grow-out, stable water quality at higher densities, and an average net sales price of NOK 61 per kg, with larger fish of 3 kg and above achieving a substantial price premium of about NOK 104 per kg over imported Norwegian salmon, underscoring the company’s progress toward scale and its competitive positioning in the Japanese premium salmon market despite some impact from smaller average fish size and a brief production pause for scheduled electrical maintenance.
More about Proximar Seafood AS
Proximar Seafood AS is a Norwegian land-based salmon farming company operating its first full-scale production facility at the foot of Mount Fuji in Japan. Using high-quality local groundwater and close proximity to one of the world’s most important fish markets, the company produces fresh Atlantic salmon under the Fuji Atlantic Salmon brand, aiming to offer same-day harvested fish with lower logistics costs and a reduced carbon footprint compared with imported salmon.
Average Trading Volume: 1,116,935
Current Market Cap: NOK355.9M
For a thorough assessment of 84Q stock, go to TipRanks’ Stock Analysis page.