05 Jan '12, 5am

The price for extinction? Almost a million dollars.

TOKYO - Kiyomura KK, a Tokyo-based sushi chain operator, paid a record ¥56 million (S$938,292) for a frozen whole tuna, the first Japan-based winner of the New Year auction at the capital's main fish market in four years. The 269-kilogramme fish was sold to Kiyomura at the auction in Tsukiji today in the year's first bidding session, said Mr Hiroshi Umehara, a spokesman for the company, which runs the Sushizanmai chain of 46 restaurants across Japan. "We really wanted to provide good tuna to the locals because foreign companies have been outbidding us for the tuna in the past three years," said Mr Umehara. "We don't think this is a proper price." The fish, caught off the coast of Japan's northern Aomori prefecture, will be cut into about 10,000 pieces of sushi, according to Mr Umehara, making the average cost for each sushi ¥5,649. The price for the first tuna of the year,...

Full article: http://www.todayonline.com/World/EDC120105-0000095/Tuna-s...

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