Mount Fuji farmer Proximar enters 2026 'full of confidence'
Proximar Seafood, the Norwegian-owned salmon farmer based in Japan, has reported improved operations, stable biology and a clearer harvest outlook for this year.
Presenting its 2025 fourth quarter results, the company said operation said biological control at its site, near Mount Fuji, improved significantly during the quarter after AI fish cameras were taken into use in December, verifying standing biomass and monitoring growth performance. This showed “solid improvements” the report said.
The company ended the year with close to 2,000 tonnes in standing biomass, providing a solid foundation for improved harvest weights and price achievement through 2026, stating: “Our performance throughout 2025 is a testament to the work of our team and their determination.”
CEO Joachim Nielsen said: “In the fourth quarter, we continued our good operational development and we reached our targeted biomass level by year‑end.
“We enter 2026 with full production capacity, stable operations and strong customer demand.
“As volumes increase and harvest weights normalise from the second quarter, we expect to see a significantly improved price achievement and a more predictable performance.”
The Q4 2025 highlights included a standing biomass of 1,949 tonnes at year‑end, up from 1,389 tonnes in Q3 and a survival rate of 99.7% in the grow‑out
Some 339 tonnes were harvested in the quarter, bringing total 2025 harvests to 1,338 tonnes HOG with an average harvest weight of around 2.1 kg HOG (head on, gutted), with more than 98% at a superior grade.
The average net sales price was approximately NOK 65 per kg in the quarter with a price achievement of approximately NOK 112 per kg for fish above 3 kg HOG.
Proxima said the equity ratio improved to 28.6% from 24.2% in the previous year, reflecting a stronger balance sheet, following a successful refinancing which reduced total debt by NOK 173 million.
The company is expecting a full‑year 2026 harvest of 3,500-4,000 tonnes HOG, which it says demonstrates a demand for premium, locally farmed salmon.It added that market response has been encouraging, with Proxima supplying 1,338 tonnes of fresh Fuji salmon to the Japanese market.
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