International Business Transactions Course: Term Project-Tuna Fish Farm Business

1. The Tuna Fish Industry The annual tuna fish consumption is estimated to be 800.000 tons. Japan is the biggest consumer in the market with an annual consumption of 500.000 tons. The rest is estimated to be sold mostly to Japanese restaurants around the world. The basic reason for this is that tuna fish is one of the fundamental foods used in the Japanese kitchen especially for sushi and sashimi. This attractive situation caused by the huge demand …

…by Supplier to NIPPON FISH, the terms and provisions of this Agreement shall control in the event of any conflict. IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed and delivered by their authorized representatives as of the date indicated. MAGURO, LTD. By: /s/ CENK SIMSEK ----------------------- Title: Sr. V.P. ------------------- Date: 05 - 05, 2005 ------------------- NIPPON FISH ENTERPRISES, INC. By: /s/ ICHIRO WATANABE ----------------------- Title: V.P. -------------------- Date: 05 - 05, 2005 ---------------------