Land-Based Indoor RAS Japanese Flounder / Hirame (Paralichthys olivaceus) Yield 2026

Underwrite high-salinity multi-tier shallow raceways for premium Japanese Flounder (Hirame, reaching 1.2kg in 12 months), wholesale sashimi market pricing ($26.00/kg), and facility EBITDA.

Underwriting Assumptions

Annual Whole Harvest (Metric Tonnes)

Wholesale Sashimi Hirame Farm-Gate ($/kg)

Biological Feed Conversion Ratio (FCR)

Marine Pelleted Feed Cost ($/kg)

Chilled RAS Power, Water Treatment & Labor ($/yr)

Projected Economics

Gross Annual Hirame Sales

Annual Feed Expenditure

Net Annual Operating EBITDA