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Stock impact report

Outlook uncertain for Japan's whaling industry despite commercial restart [Reuters]

LY CORP UNS/ADR (YAHOY) 
NASDAQ:AMEX Investor Relations: about.yahoo.co.jp/ir/en
Company Research Source: Reuters
Outlook uncertain for Japan's whaling industry despite commercial restart - Reuters 5 Min Read MINAMIBOSO, Japan (Reuters) - When Yachiyo Ichihara was a child in Wada, one of Japan’s oldest whaling villages, she’d go down to the harbor with a bucket and carry it home full of freshly butchered whale meat. “It’s really delicious; that’s what I grew up eating,” the 72-year-old said. “Whale is something you’d gather your family together and eat. It’s real home cooking.” In those days, men would peddle the meat from carts, calling “Whale, whale” as they went door to door. But in 1986, a whaling moratorium drove prices up and made whale a luxury food. Ichihara now runs a whale restaurant in the Wada district of Minamiboso, on the Pacific coast just east of Tokyo, and should be celebrating Japan’s decision to withdraw from the International Whaling Commission (IWC) and resume commercial whaling on July 1. Instead, she and others involved in the business worry about the future. “I’m really an Show less Read more
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