4 ms·

How does the buyer make any profit at such a price? Or is just some rich person buying it for themselves?

• Cpoll 7y ago
  > which translates into a price of about 700,000 yen per kilogram. I imagine a piece of sashimi is about 1oz/30g, so you get 33 pieces per kilogram. 700,000 / 33 = 21,212 Which is about $200 a piece. I'll be more conservative and say a piece of sushi will only use 0.5oz of fish, so we're down to $100 a piece... Which does seem a bit unreasonable when you consider how many you need to sell (a few people will pay $1000 for a set course, but not many...). I'm also not taking into account that there's no way the entire fish can be sold at $200/oz (bones, lower quality cuts, organs). The only other factor I can think of is that you're getting a serious bit of advertisement for your store/chain. I imagine a lot of people are going to come to the buyer's restaurants to get to eat a bit of the second most expensive tuna. Am I doing the math wrong? I'd also love to get an expert's analysis.
  • dharmab 7y ago
    The purchaser is an executive at a large sushi chain- the purchase is for marketing/media attention, not for direct profit.
• wheelerwj 7y ago
  it was purchased by the owner of a successful chain of sushi restaurants. soo... im guessing it gets resold.
• ksdale 7y ago
  I just did some rough math and assuming you can use the whole 608 pounds, and assuming a piece of sashimi is half an ounce, you’d need to make 90-something dollars per piece just to get your money back. Once you add on the overhead and profit for running a fancy restaurant, it seems like you’d need to be able to sell a piece of sashimi for something like $200 a piece... which seems like quite a bit too much even for the very highest end restaurants... but I don’t have first hand experience with those.
• et2o 7y ago
  It seems like a status or marketing play
  • SlowRobotAhead 7y ago
    Works. I want to go there now.
• selectodude 7y ago
  He doesn't. It's entirely advertising to get his name in the news.