Introduction

Sustainable stock of Japanese eel Anguilla japonica is important to freshwater fisheries in Japan where the eel stock is primarily exploited for two objectives: human consumption and seeds for aquaculture. Traditional fisheries, such as pod, long-line and set net, exploit fishery stock consisting of yellow-stage and silver-stage eels [1] of commercial size (referred to as “exploitable stock” in the following text) for human consumption. Juveniles (eels smaller than the commercial size) can be harvested by some fisheries either incidentally on a case-by-case basis or under special permit for seeds. Japanese eel fisheries have a long history, going back many hundreds of years. Small-scale fisheries, such as hand-net and bag net, are only allowed to exploit glass eel stock for aquaculture seed under prefectural special permit, in association with aquaculture.

Japanese eel aquaculture began in 1879 [2], at which time all seeds were natural juveniles caught by the traditional fisheries. Commercial utilization of glass eels for seed first succeeded in 1923, followed by the rapid development of aquaculture systems using glass eels in the 1930s [3, 4], as well as takes of glass eels. The takes dropped in World War II, but by 1957 had recovered to the level before World War II [5]. Eel aquaculture utilizing glass eels rapidly developed in the 1970s–1980s in China, Korea and Taiwan [6, 7]. Currently, glass eels for seed are taken from the coastal zones of all countries and regions and are traded internationally.

According to official Japanese statistics (http://www.maff.go.jp/j/tokei/kouhyou/naisui_gyosei/index.html), the average catch of exploitable stock [300 tons (rounded off)] during the period 2006–2010 was greater than that of glass eels (12 tons) and much smaller than that from aquaculture (21,000 tons). Therefore, aquaculture production is economically relatively more important than fisheries in terms of exploitable stock. According the statistics of the Food and Agriculture Organization of the United Nations (FAO; http://www.fao.org/fishery/statistics/software/fishstat/en), other countries and regions mainly exploit glass eels for seeds in aquaculture while Japanese fisheries share the majority of exploitable stock catch because the consumption of eels as food in countries other than Japan is local.

The catch of exploitable stock and glass eel in Japan has been steadily decreasing in recent years, with the latest estimates of the average catch of exploitable stock at approximately 8 % of the maximum post-World War II. Depletion of stock is a matter of grave concern, and three reasons have been suggested to account for the reduced catch [8]: overexploitation of stock, (commercial/industrial) development of rivers and changes in the ocean environment. Although the reduction in stock size can be accurately assessed, there is much uncertainty about the level of depletion since it is estimated based on the catch amount.

Another reason for the decreasing catch amount is associated with the drastic decline in freshwater fisheries in Japan [9]. Both the fishery census in 1968 [10] and successive censuses have revealed that the total amount of fishing units in major Japanese lakes (except for gillnet, throw net, shellfish and seaweed fisheries) have decreased from 4,082 units in 1968 to 977 in 2008 and that the units targeting exploitable stock of eels have decreased from 551 units in 1968 to 91 in 2008 (Fig. 1). In Lakes Kasumigaura and Kitaura, where the eel catch in 1963 was 11 % of the total catch in Japan, the fishing effort has decreased from 588 (1,000 day-boats) in 1963 to 44.1 in 2001 (Fig. 2; see annual statistics in 1954 [11] and successive volumes for sources). Thus, the decline in fisheries had a serious impact on productivity. Therefore, conducting some stock assessment is necessary to reliably estimate the level of depletion.

Fig. 1
figure 1

Changes in number of economic fishing units in Japanese major lakes. Solid curve Number of the units of all fisheries, with the exception of gillnet, throw net, shellfish and seaweed, dotted curve number of fisheries targeting exploitable stock of eels

Fig. 2
figure 2

Changes in fishing effort over time in Lakes Kasumigaura and Kitaura

Stock assessments have been carried out for the European eel Anguilla anguilla and the American eel Anguilla rostrata [12, 13] using current statistical methods, such as stock synthesis [14]. Age- and sex- (or length-) structured models were used in the latter assessment as dynamical models of stock size [15, 16], and the effect of natural mortality after spawning was incorporated into the models to express the more realistic dynamics of eel stock size. Stock assessment of the Japanese eel needs data such as catch statistics, abundance index, CPUE (catch per unit effort) and biological and operational parameters (including age and growth, natural mortality, sexual maturity and gear selectivity).

Studies on the biological aspects essential for a stock assessment of Japanese eel have produced an abundance of data [1, 1721]. Previous research shows that there is no genetic difference between the eel stocks in Japanese and Chinese waters and that eels born in early summer arrive at the continental areas during the following winter as glass eels. Sex differences in the weight growth equation have been estimated in various areas in addition to the age at sexual maturity. The biggest difficulty in stock assessment of the Japanese eel is the lack of systematic data on both catch records and the index of stock abundance. Moreover, it is necessary to gather various data in the form of scientific and industrial reports and systematically compile these for stock assessment.

In this report I have compiled the catch history of Japanese eels and standardized the CPUE for exploitable and glass eel stocks from published and unpublished data in scientific and industrial reports. I have also determined the MLE (maximum likelihood estimate) of historical changes in eel stock size using these compiled data, based on biological parameters. The dynamical model used for this estimation is a variant of sex- and age-structured production models. For the sensitivity tests, I conducted estimations for each of 18 scenarios; for example, the number of recruits at the saturation level declined due to environmental change and/or anthropogenic impact. An orthodox procedure, used in assessments of various international stocks [22, 23], was adopted for conducting estimations under different scenarios. Our method is shown to be effective for understanding the magnitude of the effect of uncertainty on biological parameters, catch records, among others. Sustainable yield curves are illustrated for two extreme cases: either takes of exploitable stock or takes of glass eels is permitted. Issues to be solved and stock management are discussed.

Materials and methods

Data

Tables 1 and 2 list data sources for the catch and for the index of stock abundance [5, 10, 11, 2433]. For the catch of exploitable stock, FAO statistics and Japanese statistics were used. In the tables, only the first volume of annual statistics used was cited to save space in the References [see Electronic Supplementary Material (ESM) 1 (Tables S1a–S5b) for the original data and full list of references].

Table 1 Data sources for compilation of catch statistics
Table 2 Japanese data sources for series of index of stock abundance

For the catch of glass eels, Japanese statistics and research reports of amounts (in tons) of glass eels stocked in aquaculture ponds were used. The stocked amount of glass eel indicates the value of the domestic catch plus import minus export. For the amount of stocked glass eels, the same data for 1997–2010 and 1972–2009 were cited on the web page “unagi net” (http://www.unagi.jp/) and “merrytime” (http://www.merrytime.com.tw/), and the data have been published in part in industrial journals (e.g. Anonymous [34]).

Japanese statistics and census data were used for two series of abundance indices of exploitable stock, and meeting reports and research reports included three series of abundance index of glass eels.

Compilation of catch history for exploitable stock

In the Japanese statistics, catch records missing for the period 1944–1949 were linearly interpolated because catch in the major lakes, Lake Kasumigaura and Kitaura, did not collapse during the period encompassing World War II [35]. Data from the shrunk scale of the survey since 2001 were corrected by a calibration factor, converting the catch in the shrunk scale of the survey to that of the full scale. The calibration factor was calculated using data in the year when both surveys were carried out. For the 1958–2010 catch in East Asia, FAO statistics were used. The catch for 1903–1957 was obtained by multiplying the Japanese catch by the rate of total catch in East Asia to that in Japan [the rate = 1.11, 95 % confidence limit (CL) 1.03–1.18]. The rate was calculated using the sum of the annual catch from 1958 to 2010. The annual rate ranged from 1.00 to 1.55 and seemed to be periodical, with peaks occurring around 1981 and 2009.

Compilation of catch history for glass eels

In this study, total takes of glass eels in East Asia were obtained from the sum of the amounts of stocked glass eels. Records on takes of glass eels in all the countries and regions are lacking for the initial stage of aquaculture development (Table 1). In Japan, records of takes between 1930 and 1956 are lacking despite substantial takes of glass eels being started in 1930. For the period 1944–1956, I estimated Japanese takes of glass eels by dividing the annual aquaculture production by the rate (36.6, 95 % CL 29.5–43.6) of the production averaged over period 1957–1963 to the averaged takes of glass eels in Japanese statistics. For the period 1930–1943, the seeds of two kinds were used, and takes of glass eels were calculated by dividing the increases in annual production in each year from that in 1929 with the rate. For the 1957–1971 records of takes of glass eels, catch statistics were used because (1) Korea and Taiwan prohibited the export of glass eels and the imported amounts from China was negligible and (2) no exports of live fish to those countries was recorded in the foreign trade statistics of Japan. For 1972–2010, two estimates (takes and seeds) were available and the greater of the two estimates was adopted for the total takes of glass eels because Japan has officially prohibited exports of eels weighing <13 g since 1976.

Substantial commercial aquaculture using glass eels began in 1957 in Taiwan, 1973 in China and 1965 in Korea [6, 7]. Taiwanese takes of glass eels (1957–1979) and Chinese takes of glass eels (1973–1989) were estimated by dividing aquaculture production by the rate of stocked glass eels to the production. The rate was calculated with data for 1980–1985 for Taiwanese takes and in 1990–1992 for Chinese takes. The amount of imported eels into Japan from China [6] was regarded as the Chinese aquaculture production because records of the production in FAO statistics were too large compared with the amount of stocked glass eels. The amount of stocked glass eels in Korea (1965–1971) was extrapolated assuming a linear increase. Eel aquaculture in Malaysia seemed to be temporal, and no exploration was made, but interpolation for lacking data was applied as a general rule. The catch history is illustrated in Fig. 3.

Fig. 3
figure 3

Compiled catch history for Japanese eel in East Asia

Standardization of CPUE of commercial fisheries for exploitable stock

Before the stock assessment was performed, noise in the raw data of CPUE was removed. Two CPUE series for exploitable stock and two CPUE series for glass eel are used in this study. To distinguish the stock components, the code of the stock components is denoted by \(z\) (\(z = 0\) for glass eels, \(z = 1\) for exploitable stock and \(z = 2\) for stock aged one and older), and data sources are indicated by \(i\left( { = 1,2,...,I_{{{\text{MAX}},z}} } \right)\). Let \(u_{z,i,t,k}\) be CPUE (kg/day-boat) of fishery \(i\) in year \(t\left( { = 1954, \, \ldots , \, 2006} \right)\) for area \(k\left( { = 1,2, \ldots ,K_{{{\text{MAX}},z,i}} } \right)\).

Expectations of the natural logarithm of standardized CPUE from commercial fisheries for exploitable stock and their variance for 1954–2006 in Lake Kasumigaura and Kitaura were estimated using annual catch (tons) and effort (day-boat) obtained from the annual statistics [11, 26]. Note that the definition of unit of effort has changed since 2002, and the factor to convert the new unit to the older one is unknown. Since the sum of effort (day-boat) in the two lakes is only known for the period 1960–1968, the sum of effort was divided over the two lakes using the proportion of provisional effort (day-boat) in each lake. This was estimated using the number of fishing units in each lake and average operation days per fishing unit for 1969–1972 in each lake. In order to remove the main effects of lake and randomness, CPUE is assumed to be expressed by the following log-normal distribution:

$$\ln \left( {u_{1,1,t,k} } \right) = \ln \left( {u_{1,1,t,*} } \right) + \alpha_{1,1,k} + \varepsilon_{1,1,t,k} \;\;\;\;\;\;\;\;\;\left( {k = 1{\text{ for Kasumigaura}}, \, 2{\text{ for Kitaura}}} \right).$$
(1)

Here \(u_{1,1,t,*}\), \(\alpha_{1,1,k}\) (\(\alpha_{1,1,1} = 0\)) and \(\varepsilon_{1,1,t,k}\) are year effects, lake effect and error, respectively. The moment estimates were used since the number of lakes was only two. From the results of the estimation, the value of \(\hat{\alpha }_{1,1,2}\)was 0.17 [standard error (SE) = 0.077]. The expectation of standardized CPUE of commercial fisheries in the lakes, used for stock assessment, was expressed by

$${\text{E}}\left[ {u_{1,1,t,*} } \right] = \exp \left\{ {\ln \left( {\hat{u}_{1,1,t,*} } \right) + \frac{{\hat{{\text{V}}}\left[ {\ln \left( {u_{1,1,t,k} } \right)} \right]}}{2}} \right\} .$$
(2)

For the second CPUE series (1978–2008), based on catch in the annual statistics [11] and effort in the fisheries census [10], the same model as Eq. 1 was used as the statistical model of the CPUE (\(u_{1,2,t,k}\)). The census, conducted at 5-year intervals, surveyed the number of economic fishing units in important lakes. In total, 12 lakes were selected (Ogawarako, Kasumigaura, Kitaura, Hinuma, Inbanuma, Teganuma, Mikatagoko, Kitagatako, Koyama-ike, Togoko, Shinjiko and Jinzaiko). These lakes are associated with the migratory corridor of eels, and both the number of fishing units and catch statistics were available. The maximum likelihood method was used for parameter estimation. Values of \(\hat{\alpha }_{1,2,k}\) ranged from −2.37 (SE 0.454) to 0.246 (SE 0.284).

Standardized CPUE of commercial glass eel fisheries

The standardized logarithm of commercial CPUE (kg/fisher) for glass eels from 1977 to 1997 was estimated by the maximum likelihood method using data of catch and effort from nine prefectures. The data were obtained from each annual meeting report [27], up until the last one [28]. In this study, the annual take of glass eels is taken as the sum of takes from November of the previous year to April in the year of interest. Observation of the logarithm of CPUE is assumed to be expressed by the following log-normal distribution:

$$\ln \left( {u_{0,1,t,k} } \right) = \ln \left( {u_{0,1,t,*} } \right) + \alpha_{0,1,k} + \varepsilon_{0,1,t,k} .$$
(3)

Here \(\alpha_{0,1,k}\) is prefecture effect. The values of \(\hat{\alpha }_{0,1,k}\)were −1.15 (SE 0.16) (Shizuoka Prefecture), 0 (Chiba as standard), −0.85 (SE 0.17) (Aichi), −2.01 (SE 0.14) (Mie), −1.17 (SE 0.15) (Tokushima), −1.38 (SE 0.13) (Kochi), −1.19 (SE 0.11) (Oita), −0.93 (Se 0.19) (Miyazaki) and −1.38 (SE 0.11) (Kagoshima).

Since the CPUE series of glass eel fisheries are not available for 1954–1976 and 1998–2010, respectively, the CPUE for these years was inferred using catch records of glass eels in Lake Hamana for 1954–2010. [5, 2732]. I used these records because (1) although a gradual decrease in the number of fishers probably occurred over the years, a minimum 300 fishers on the lake is sufficent to root out glass eels in the lake and the records are expected to reflect the amount of glass eels that migrated into the lake, and (2) the annual amount of takes in Lake Hamana correlated with the Japanese total (r = 0.77, in log-scale for 1957–2010). In order to estimate the CPUE (kg per unit effort), the following log-linear model is used:

$$\ln \left( {{\text{E}}\left[ {u_{0,1,t,*} } \right]} \right) = \gamma_{0} + \gamma_{1} \ln \left( {y_{t} } \right) + \varepsilon^{\prime}_{0,t} \;\;\;\;\left( {t = 1976, \, \ldots ,1996} \right).$$
(4)

Here \(y_{t}\) and \(\gamma_{b} (b = 1,2)\) are the amount of takes in Lake Hamana and the regression coefficient, respectively. The expected value of \(\hat{\gamma }_{0} + \hat{\gamma }_{1} \ln \left( {y_{t} } \right) + \varepsilon^{\prime}_{0,t}\) for 1954–1976 and 1998–2010 and its variance are used for the stock assessment. The values of \(\hat{\gamma }_{0}\) and \(\hat{\gamma }_{1}\) were 2.81 (SE 0.51) and 0.476 (SE 0.025) (r = 0.75), respectively.

Standardization of abundance index from research survey for glass eels

In Lake Hamana, the abundance survey using a set net [29, 30] was carried out in November during the period 1972–2004 at two sites in the lake. The annual survey frequency ranged from 1 to 7 times per year (average 3.9 times per year), and the number of glass eels taken during each survey was counted. Although the survey data failed to predict the total amount of the takes during the successive fishing season, the data collected over 30 years were sufficient for effectively estimating long-term changes in abundance.

Along the coast of Tokushima Prefecture, surveys using hand-nets were simultaneously carried out in 1973–1974 and 1976–1977 [33] at various sites and during different months. CPUE records according to day and region (north or middle) were reported, and data from December to April in the subsequent year were used for estimating the parameters.

Let \(c_{i,t,m,k,j}\) be CPUE (eel/operation) of the \(j\left( { = 1,2, \ldots ,J_{{{\text{MAX}},z,i}} } \right)\)th operation of survey \(i\left( { = 2,3} \right)\) in month \(m\left( { = 1,2, \ldots ,m_{\text{MAX}} } \right)\)of year \(t\left( { = 1972, \, \ldots , \, 2002,{\text{ or 1973,}} \ldots ,1977)} \right)\) for site \(k\left( { = 1,2, \ldots ,K_{{{\text{MAX}},z,i}} } \right)\). In the abundance survey of glass eels, the frequency of zero CPUE was so high that zero-inflated models, such as those used in the analysis of data from tuna longline fishery [37, 38], were applied. The CPUE (fish/operation) is expressed by the following zero-inflated negative binomial distribution:

$$P\left( {c_{i,t,m,k,j} } \right) = \left\{ {\begin{array}{*{20}l} {1 - \delta_{i,t} } \hfill & {\left( {c_{i,t,m,k,j} = 0} \right)} \hfill & {(5{\text{a}})} \hfill \\ {\delta_{i,t} \frac{{\varGamma \left( {\chi_{i} + c_{i,t,m,k.j} - 1} \right)}}{{\varGamma \left( {\chi_{i} } \right)\left( {c_{i,t,m,k,j} - 1} \right)!}}\left( {\frac{{\chi_{i} }}{{\nu_{i,t,m} + \chi_{i} - 1}}} \right)^{{\chi_{i} }} \left( {\frac{{\nu_{i,t,m} - 1}}{{\nu_{i,t,m} + \chi_{i} - 1}}} \right)^{{c_{i,t,m,k} - 1}} } \hfill & {\left( {c_{i,t,m,k,j} = 1,2, \ldots } \right).} \hfill & {(5{\text{b}})} \hfill \\ \end{array} } \right.$$

Here \(\delta_{i,t} ,\) \(\nu_{i,t,m}\) and \(\chi_{i}\) are the probability of nonzero CPUE, the conditional mean and shape parameter, respectively. Statistical models of the conditional mean and model of probability of zero CPUE are expressed by

$$\nu_{i,t,m} = \left\{ {\begin{array}{*{20}l} {1 + \exp \left( {\beta_{2,t} + \varsigma_{2,k} } \right)} \hfill & {(i = 2{\text{ for Lake Hamana}})} \hfill & {(6{\text{a}})} \hfill \\ {1 + \exp \left( {\beta_{3,t} + \xi_{3,m} + \varsigma_{3,k} } \right)} \hfill & {(i = 3{\text{ for Tokushima}}),} \hfill & {(6{\text{b}})} \hfill \\ \end{array} } \right.$$
$$\begin{array}{*{20}c} {\delta_{i,t} = \exp \left( { - \kappa_{0,i} - \kappa_{1,i} \, t} \right),} & {\left( {\kappa_{0,i} , \, \kappa_{1,i} > 0} \right)} \\ \end{array}.$$
(7)

Here \(\beta_{i,t}\), \(\xi_{i,m}\) and \(\varsigma_{i,k}\) are year, month and site effects, respectively, and \(\kappa_{0,i}\) and \(\kappa_{1,i}\) are coefficients.

Parameters were estimated by the MLE method, and the best model was statistically selected using the Akaike information criterion from several models, such as \(\varsigma_{i,k} = 0\) and/or \(\kappa_{1,i} = 0\). The selected model was expressed by \(\nu_{2,t,m} = 1 + \exp \left( {\hat{\beta }_{2,t} } \right)\) and \(\delta_{2,t} = \exp \left( { - \hat{\kappa }_{0,2} - \hat{\kappa }_{1,2} \, t} \right)\) for Lake Hamana, and by \(\nu_{3,t,m} = 1 + \exp \left( {\hat{\beta }_{3,t} + \hat{\xi }_{3,m} } \right)\) and \(\delta_{i,t} = 1\) for Lake Tokushima.

For each survey, expectation of CPUE using only the year effect was used for stock assessment and is expressed by

$${\text{E}}\left[ {u_{0,i,t,*} } \right] = \hat{\delta }_{i,t} \left\{ {1 + \exp \left( {\hat{\beta }_{i,t} } \right)} \right\}\;\;\;\;\left( {i = 2,3} \right).$$
(8)

Basic dynamical models

The following assumptions have been made: (1) stock of Japanese eels is single; (2) all mature eels die after spawning; (3) natural mortality, body growth and age-specific rate of recruitment are constant over all years; (4) the age of glass eel in the Japanese continental shelf is considered to be 0.5 years from birth for mathematical convenience; (5) the fishing season is short and the catch is concentrated on the birth day.

The basic dynamical models are similar to the sex- and age-structured models used to assess European [12] and American eels [13], and the number of recruits (glass eels) is expressed by the Beverton and Holt model [1416, 22]. The majority of equations in the models for eel stock are common to those used for other fishery stocks. The unusual characteristic of the dynamical models of eel stock assessment is the incorporation of extra-mortality due to sexual maturity and spawning.

Notations used in the article are listed in Table 3, and their meanings are similar to those used in other dynamical models [16, 22, 23] with two exceptions made for mathematical convenience: (1) age at recruitment is 0.5 years but in the suffix, \(a = 0\) was used; (2) the unit of mortality coefficient at suffix \(a = 0\) is half a year. The models are expressed by

$$N_{s,a,t} = \left\{ {\begin{array}{*{20}l} {\frac{1}{2}R_{t} } \hfill & {\left( {a = 0} \right)} \hfill & {(9{\text{a}})} \hfill \\ {N_{s,a - 1,t - 1} \exp \left( { - M_{a - 1,t - 1} - F_{s,a - 1,t - 1} } \right)\left( {1 - m_{s,a - 1} } \right)} \hfill & {\left( {a = 1, \ldots ,a_{\text{MAX}} } \right),} \hfill & {(9{\text{b}})} \hfill \\ \end{array} } \right.$$
$$P_{z,t} = \left\{ {\begin{array}{*{20}l} {w_{0} R_{t} } \hfill & {(z = 0)} \hfill & {(10{\text{a}})} \hfill \\ {\sum\limits_{s}^{{}} {\sum\limits_{a = 1}^{{a_{{\text{MAX}}}}} {S_{s,a} w_{s,a} N_{s,a,t} } } } \hfill & {(z = 1)} \hfill & {(10{\text{b}})} \hfill \\ {\sum\limits_{s}^{{}} {\sum\limits_{a = 1}^{{a_{\text{MAX}} }} {w_{s,a} N_{s,a,t} } } } \hfill & {(z = 2),} \hfill & {(10{\text{c}})} \hfill \\ \end{array} } \right.$$
$$Y_{z,t} = E_{z,t} P_{z,t} ,$$
(11)
$$E_{z,t} = 1 - \exp \left( { - f_{z,t} } \right) ,$$
(12)
$$F_{s,a,t} = \left\{ {\begin{array}{*{20}l} {f_{0,t} } \hfill & { \, \left( {a = 0} \right)} \hfill & { \, (13{\text{a}})} \hfill \\ { - \ln \left\{ {1 - S_{s,a} \left( {1 - \exp ( - f_{1,t} )} \right)} \right\}} \hfill & { \, \left( {a = 1, \ldots ,a_{\text{MAX}} } \right),} \hfill & { \, (13{\text{b}})} \hfill \\ \end{array} } \right.$$
$$M_{a,t} = \left\{ {\begin{array}{*{20}l} {M_{0} d_{M} (t)} \hfill & { \, \left( {a = 0} \right)} \hfill & { \, (14{\text{a}})} \hfill \\ {M_{a} } \hfill & { \, \left( {1 \le a} \right),} \hfill & { \, (14{\text{b}})} \hfill \\ \end{array} } \right.$$
$$R_{t} = g\left( {B_{t} } \right) = \frac{{4hR_{\text{MAX}} d_{R} (t)}}{{(5h - 1) + \frac{{(1 - h)B_{\text{MAX}} }}{{B_{t} }}}} ,$$
(15)
$$d_{M} (t) = \left\{ {\begin{array}{*{20}c} 1 & {(t = 1903, \ldots ,t_{M,1} )} & { \, (16{\text{a)}}} \\ {1 + (p_{M} - 1)\frac{{t - t_{M,1} }}{{t_{M,2} - t_{M,1} }}} & {(t = t_{M,1} + 1, \ldots ,t_{M,2} )} & {\text{ (16b)}} \\ {p_{M} } & {(t = t_{M,2} + 1, \ldots ,2010),} & {\text{ (16c)}} \\ \end{array} } \right.$$
$$d_{R} (t) = \left\{ {\begin{array}{*{20}c} 1 & {(t = 1903, \ldots ,t_{R,1} )} & { \, (17{\text{a)}}} \\ {1 + (p_{R} - 1)\frac{{t - t_{R,1} }}{{t_{R,2} - t_{R,1} }}} & {(t = t_{R,1} + 1, \ldots ,t_{R,2} )} & {\text{ (17b)}} \\ {p_{R} } & {(t = t_{R,2} + 1, \ldots ,2010),} & {\text{ (17c)}} \\ \end{array} } \right.$$
$$B_{t} = \sum\limits_{a = 1}^{{}} {w_{{{\text{female}},a}} m_{{{\text{female}},a - 1}} N_{{{\text{female}},a - 1,t - 1}} \exp \left( { - M_{a - 1} - F_{{{\text{female}},a - 1,t - 1}} } \right)} ,$$
(18a)
$$B_{\text{MAX}} = \frac{1}{2}\sum\limits_{a = 1}^{{}} {w_{{{\text{female}},a}} m_{{{\text{female}},a - 1}} R_{\text{MAX}} \exp \left( { - \sum\limits_{i = 1}^{a - 1} {M_{i} } } \right)} \prod\limits_{k = 1}^{a - 1} {\left( {1 - m_{{{\text{female}},k - 1}} } \right)} ,$$
(18b)
$$m_{s,a} = \left\{ {\begin{array}{*{20}l} 0 \hfill & {\left( {a = 0, \, 1} \right)} \hfill & {(19{\text{a}})} \hfill \\ {\frac{1}{{1 + \exp \left\{ { - r_{m,s} \left( {a - a_{m,s} } \right)} \right\}}}} \hfill & {\left( {a = 2, \ldots ,a_{\text{MAX}} } \right),} \hfill & {(19{\text{b}})} \hfill \\ \end{array} } \right.$$
$$S_{s,a} = \left\{ {\begin{array}{*{20}l} 1 \hfill & {\left( {a = 0} \right)} \hfill & {(20{\text{a}})} \hfill \\ {\frac{1}{{1 + \exp \left\{ { - r_{S,s} \left( {a - a_{S,s} } \right)} \right\}}}} \hfill & {\left( {a = 1, \ldots ,a_{\text{MAX}} } \right),} \hfill & {(20{\text{b}})} \hfill \\ \end{array} } \right.$$
$$w_{s,a} = \left\{ {\begin{array}{*{20}l} {w_{0} } \hfill & {\left( {a = 0} \right)} \hfill & {(21{\text{a}})} \hfill \\ {W_{\infty ,s} \left[ {1 - \exp \left\{ { - K_{s} \left( {a - a_{0,s}^{{}} } \right)} \right\}} \right]^{b} } \hfill & {\left( {a = 1, \ldots ,a_{\text{MAX}} } \right).} \hfill & {(21{\text{b}})} \hfill \\ \end{array} } \right.$$

Here \(d_{M} (t)\) and \(d_{R} (t)\) are introduced to express annual changes in \(M_{0}\) and \(R_{\text{MAX}}\) to observe the effect of habitat loss or environmental changes, and are used only for the sensitivity tests (\(p_{M} = p_{R} = 1\) as base case).

Table 3 Parameters, data and variables for Japanese eel assessment model

For incorporating stochastic effect in the number of recruits due to environmental fluctuation into the models, the following error structure was introduced:

$$\ln \left( {R_{t} } \right) = \ln \left\{ {g(B_{t - 1} )} \right\} + \eta_{t}$$
(22a)
$$\eta_{t} = \varepsilon_{{{\text{SR}},t}} + \rho \eta_{t - 1}$$
(22b)
$$\varepsilon_{{{\text{SR}},t}} \sim N\left( {0,\sigma_{\text{SR}}^{2} } \right)$$
(22c)

The model assuming \(\rho = 0\) was used as the base case and the AR (1) (autoregressive of order 1) model such as \(\rho \ne 0\) was used only for the sensitivity tests.

Biological parameters

Table 4 shows the values of the biological and operational parameters used for estimations under the base case scenario (S1) that uses a standard data set. Parameter values, with the exception of natural mortality coefficients and parameters in the selectivity function, are estimates for eels in the Tone River, Chiba Prefecture [21]. Values of natural mortality coefficients in Table 4 are assumed from values used to indicate values of European eels [3841], and the values of parameters in the selectivity function are assumed from the shape of the length frequency in the catch [21].

Table 4 Values of biological parameters used for estimations in the base case scenario (S1)

Log-likelihoods

Given parameters values in growth, maturity and gear selectivity \(\left( {W_{\infty ,s} ,K_{s} ,a_{0,s}^{{}} ,b,M_{a} ,r_{m,s} ,a_{m,s} ,r_{S,s} ,a_{S,s} } \right)\), unknown parameters were estimated by maximizing the log-likelihood of standardized CPUE for exploitable stock and the glass eels and stock-recruitment relationship

$$l = \sum\limits_{n = 1}^{3} {l_{n} } .$$
(23)

Log-likelihoods using the standardized CPUE for exploitable stock and glass eels are expressed by

$$l_{1} = - \frac{1}{2}\sum\limits_{i = 1}^{2} {\sum\limits_{t}^{{}} {\left[ {\ln \left\{ {2\pi \left( {{\text{V}}\left[ {\ln \left( {u_{1,i,t,*} } \right)} \right] + \hat{\sigma }_{1,i}^{2} } \right)} \right\} + \frac{{\left\{ {\ln \left( {{\text{E}}\left[ {u_{1,i,t,*} } \right]/d_{u} (t)} \right) - \ln \left( {q_{1,i,t} P_{t} } \right)} \right\}^{2} }}{{{\text{V}}\left[ {\ln \left( {u_{1,i,t,*} } \right)} \right] + \hat{\sigma }_{1,i}^{2} }}} \right]} } ,$$
(24)
$$l_{2} = - \frac{1}{2}\sum\limits_{i = 1}^{3} {\sum\limits_{t}^{{}} {\left[ {\ln \left( {2\pi {\text{V}}\left[ {\ln \left( {u_{0,i,t,*} } \right) + \hat{\sigma }_{0,i}^{2} } \right]} \right) + \frac{{\left\{ {\ln \left( {{\text{E}}\left[ {u_{0,i,t,*} } \right]/d_{u} (t)} \right) - \ln \left( {\hat{q}_{0,i} v_{i} R_{t} } \right)} \right\}^{2} }}{{{\text{V}}\left[ {\ln \left( {u_{0,i,t,*} } \right)} \right] + \hat{\sigma }_{0,i}^{2} }}} \right]} } ,$$
(25)
$$q_{1,1,t} = \left\{ {\begin{array}{*{20}l} {\hat{q}_{1,1} } \hfill & {(t = t_{s} , \ldots ,t_{c} - 1)} \hfill & {(26{\text{a}})} \hfill \\ {\hat{q^{\prime}}_{1,1} } \hfill & {(t = t_{c} , \ldots , 2006),} \hfill & { ( 2 6 {\text{b)}}} \hfill \\ \end{array} } \right.$$
$$v_{i} = \left\{ {\begin{array}{*{20}l} {w_{0} } \hfill & {(i = 1)} \hfill & {(27{\text{a}})} \hfill \\ 1 \hfill & {(i = 2,3),} \hfill & { ( 2 7 {\text{b)}}} \hfill \\ \end{array} } \right.$$
$$d_{u} (t) = \left\{ {\begin{array}{*{20}c} 1 & {(t = 1903, \ldots ,t_{u,1} )} & { \, (28{\text{a)}}} \\ {1 + (p_{u} - 1)\frac{{t - t_{R,1} }}{{t_{R,2} - t_{R,1} }}} & {(t = t_{u,1} + 1, \ldots ,t_{u,2} )} & {\text{ (28b)}} \\ {p_{u} } & {(t = t_{u,2} + 1, \ldots ,2010).} & {\text{ (28c)}} \\ \end{array} } \right.$$

Here \(d_{u} (t)\) is the factor correcting effect of river development on CPUE and is used only for the sensitivity tests (\(p_{u} = 1\) as base case). Log-likelihood for stock and recruitment is expressed by

$$\begin{gathered} l_{3} = - \frac{1}{2}\ln \left\{ {2\pi {{\hat{\sigma }_{SR}^{2} } \mathord{\left/ {\vphantom {{\hat{\sigma }_{SR}^{2} } {(1 - \hat{\rho })}}} \right. \kern-0pt} {(1 - \hat{\rho })}}} \right\} + \frac{{\left\{ {\ln \left( {R_{{t_{s} }} } \right) - \ln \left( {g(B_{{t_{s} - 1}} )} \right)} \right\}^{2} }}{{{{\hat{\sigma }_{SR}^{2} } \mathord{\left/ {\vphantom {{\hat{\sigma }_{SR}^{2} } {(1 - \hat{\rho })}}} \right. \kern-0pt} {(1 - \hat{\rho })}}}} \hfill \\ \, - \frac{1}{2}\sum\limits_{{t = t_{s} + 1}}^{{}} {\left[ {\ln \left( {2\pi \hat{\sigma }_{SR}^{2} } \right) + \frac{{\left\{ {\ln \left( {R_{t} } \right) - \ln \left( {g(B_{t - 1} )} \right) - \hat{\rho }\left( {\ln \left( {R_{t - 1} } \right) - \ln \left( {g(B_{t - 2} )} \right)} \right)} \right\}^{2} }}{{\hat{\sigma }_{SR}^{2} }}} \right]} . \hfill \\ \end{gathered}$$
(29)

Estimation in the base case scenario is carried out by taking \(\hat{\rho } = 0\) in Eq. 29.

Estimation procedures

The period of available data was separated into the first and second periods, that is, \(t = 1903, \ldots ,t_{s} - 1 \, (t_{s} = 1954)\) and \(t = t_{s} , \ldots ,t_{\text{MAX}} ( = 2010)\). In the first period only the catch data were available, and in the second period, standardized CPUE for exploitable stock and glass eels were added to the statistical model. Although estimations can be conducted only by dataset in the second period, catch data in the first period were used to reflect the effect of catch during the first period in the estimates of \(N_{s,a,t}\) at \(t = t_{s}\). Assuming the stock was in a steady state before \(t = 1903\) and that \(\sigma_{\text{SR}}^{2} = 0\) over the first period, \(N_{{s,a,t_{s} }}\) can be projected using deterministic models expressed by Eqs. 1a–14c.

Glass eel stock was not exploited before 1903 and from the steady state assumption \(N_{s,a,1903}\) is expressed by

$$N_{s,a,1903} = \left\{ {\begin{array}{*{20}l} {\frac{1}{2}R_{1} } \hfill & {\left( {a = 0} \right)} \hfill & {(30{\text{a}})} \hfill \\ {\frac{1}{2}R_{1} \exp \left\{ { - \sum\limits_{n = 0}^{a - 1} {\left( {M_{n} + F_{s,n - 1,1} } \right)} } \right\}\prod\limits_{n = 1}^{a - 1} {\left( {1 - m_{s,n - 1} } \right)} } \hfill & {\left( {a = 1, \ldots ,a_{\text{MAX}} } \right).} \hfill & {(30{\text{b}})} \hfill \\ \end{array} } \right.$$

Given the data on \(Y_{1,1903}\) and the values of \(\hat{R}_{\text{MAX}}\) and \(\hat{h}\), the value of \(f_{1,1903}\) is uniquely determined by solving the following simultaneous equations:

$$R_{1903} = \frac{{\hat{R}_{\text{MAX}} }}{5h - 1}\left\{ {4\hat{h} - \left( {1 - \hat{h}} \right)\frac{x(0)}{{x(f_{1,1903} )}}} \right\} ,$$
(31a)
$$Y_{1,1903} = R_{1903} x(f_{0,1903} )\left\{ {1 - \exp \left( { - f_{1,1903} } \right)} \right\} ,$$
(31b)
$$x(f) = \frac{1}{2}\sum\limits_{a = 1}^{{}} {w_{{{\text{female}},a}} \exp \left\{ { - \sum\limits_{n = 0}^{a - 1} {\left( {M_{n} } \right)} } \right\}\prod\limits_{n = 1}^{a - 1} {\left( {1 - m_{{{\text{female}},n - 1}} } \right)\left[ {1 - S_{{{\text{female}},n - 1}} \left\{ {1 - \exp \left( { - f} \right)} \right\}} \right]} } .$$
(31c)

After 1904, the value of \(f_{z,t}\) is deterministically computed by

$$\begin{array}{*{20}c} {f_{z,t} = - \ln \left( {1 - \frac{{Y_{z,t} }}{{P_{z,t} }}} \right)} & {\left( {t = 1904, \ldots ,t_{s} - 1} \right)} \\ \end{array} ,$$
(32)

and values of \(N_{{s,a,t_{s} }}\)are recursively computed.

In the second period, \(f_{0,t}\) is the parameter to be estimated, and the value of \(R_{t}\) was estimated by dividing the catch by the exploitation rate:

$$R_{t} = \frac{{Y_{0,t} }}{{w_{0} \left\{ {1 - \exp ( - f_{0,t} )} \right\}}} .$$
(33)

In order to reduce the number of parameters to be estimated, assuming linear changes in \(f_{0,t}\) for an interval of 3 years, \(f_{0,t}\) is expressed by

$$f_{0,t} = \left\{ {\begin{array}{*{20}l} {\hat{f}_{0,t} } \hfill & {(t = t_{s} + 3\nu - 1, \, \nu = 1,2, \cdots )} \hfill & {(34{\text{a}})} \hfill \\ {f_{{0,t_{s} - 1}} + \frac{{ (t - t_{s} + 1)}}{3}\left( {\hat{f}_{{0,t_{s} + 1}} - f_{{0,t_{s} - 1}} } \right)} \hfill & {(t = t_{s} ,t_{s} + 1)} \hfill & {(34{\text{b}})} \hfill \\ {\hat{f}_{{0,t_{s} + 3\nu - 1}} + \frac{{ (t - t_{s} - 3\nu + 1)}}{3}\left( {\hat{f}_{{0,t_{s} + 3\nu + 2}} - \hat{f}_{{0,t_{s} + 3\nu - 1}} } \right)} \hfill & {({\text{elsewhere}}).} \hfill & {(34{\text{c}})} \hfill \\ \end{array} } \right.$$

Unknown parameters \(\left( {\hat{R}_{\text{MAX}} ,\hat{h},\hat{f}_{{0,t_{s} + 3\nu - 1}} ,\hat{q}_{1,1} ,\hat{q^{\prime}}_{1,1} ,\hat{q}_{0,j} ,\hat{\sigma }_{z,i}^{2} ,\hat{\sigma }_{\text{SR}}^{2} ,\hat{\rho }} \right)\) maximizing Eq. 23 are numerically searched for under the following constraints on variances:

$$\frac{\partial l}{{\partial \hat{\sigma }_{z,i}^{2} }} = \frac{\partial l}{{\partial \hat{\sigma }_{\text{SR}}^{2} }} = 0 .$$
(35)

Values of 95 % CL are computed using the inverse of the Fisher information matrix [42] and the delta method [43].

For the sensitivity tests, estimations were conducted for 18 scenarios as tabulated in Table 5 where S1, S2–S6, S7–S13 and S14–S18 show the base case, cases of different natural mortalities, cases of different biological parameters and cases of different data sets, respectively. S6 or S13 indicate cases where \(M_{0}\) or \(R_{\text{MAX}}\) has increased or declined due to environmental change and/or anthropogenic impact. S14 represents a situation where a decrease in eel density in Lakes Kasumigaura and Kitaura was caused by the variable effect of the floodgate as estuarial barrier since the construction and operation started in 1963 and 1974, respectively. Note that if S14 is true, S1 (base case scenario) indicates the pessimistic scenario. S18 is introduced to exclude the effect of the inherent dynamics of CPUE in these lakes.

Table 5 Scenarios for parameter estimation

Application of results of estimations

To compare the production from fisheries with aquaculture production using glass eels, I illustrate sustainable yield curves using parameter estimates for two extreme cases, in which either takes of exploitable stock or glass eels are permitted, respectively. Using the curves, I computed maximum sustainable yield (MSY) to consider the strategy of stock management.

Results

The results of the estimation for the base case scenario are summarized in Table 6 and Figs. 48. Table 6 shows the values of the parameter estimate and indicates that the value of \(\hat{h}\) was 0.66 (95 % CL 0.21–0.89), that of \(\hat{P}_{2,2010}\) (stock size of individuals aged ≥1 year) was 18.7 (95 % CL 9.2–28.4) thousand tons and that of \(\hat{P}_{2,2010} /K\) was 24 % of the initial size (5–44 %).

Table 6 Parameter estimates for the base case scenario (S1)

Figures 4 and 5 compare data and MLE of CPUE in the base case scenario. In CPUE for exploitable stock in Lake Kasumigaura and Kitaura, there was a discrepancy in the second half of the 1980s between the data and the estimates, suggesting the existence of locality of stock abundance in the data. Comparison of three series of CPUE for glass eels revealed that the goodness of fit of estimates to data of commercial fisheries were better than those of the abundance survey due to the difference in the magnitude of variability in the data between the series. Figure 6 illustrates \(\hat{R}_{t}\) against \(\hat{B}_{t}\), and Figs. 7 and 8 show annual changes in \(\hat{E}_{z,t}\) and \(\hat{P}_{z,t}\), respectively. From these figures, it can be seen that the recent value of \(\hat{E}_{0,t}\) (43 % in S1) is much larger than that of \(\hat{E}_{1,t}\) (2.2 %) and that \(\hat{P}_{2,t}\) has recovered since about 1990 because of a reduction of the exploitation rate by fisheries.

Fig. 4
figure 4

Data and estimated series of natural logarithm of standardized commercial catch per unit effort (CPUE) for exploitable stock. Base case scenario: vertical bars 95 % intervals of standardized CPUE, curves estimated trajectories of the CPUE

Fig. 5
figure 5

Data and estimated series of natural logarithm of standardized commercial CPUE for glass eels. Base case scenario: vertical bars 95 % intervals of standardized CPUE,curves estimated trajectories of the CPUE

Fig. 6
figure 6

Estimated stock and recruitment in base case scenario Filled circles, solid-line curve and dotted-line curves Point estimates, estimated curve and upper and lower 95 % confidence intervals, respectively

Fig. 7
figure 7

Estimated trajectories of exploitation rates of exploitable stock and glass eels in base case scenario. Solid-line and dotted-line curves Point estimate and upper and lower 95 % confidence limits, respectively

Fig. 8
figure 8

Estimated trajectories of size of stock (1+ group) and glass eels in base case scenario. Solid-line and dotted-line curves Point estimate and upper and lower 95 % confidence limits, respectively

The results of the sensitivity tests are summarized in Table 7. This table shows that the value of \(M_{0}\) was sensitive to the absolute values of \(\hat{P}_{2,t}\) and that a small \(M_{0}\) value causes large values for both \(\hat{P}_{2,t}\) and \(\hat{E}_{0,t}\); therefore, the value of \(M_{0}\) used in the base case scenario (S1) produced relatively consistent results of estimation. If the catch was underreported, \(\hat{P}_{2,t}\) from S1 is underbiased and used only as precautional values in regulation of catch amount.

Table 7 Summary of results for sensitivity tests

Comparison of the trajectories of \(\hat{P}_{2,t}\) across all scenarios is shown in Fig. 9. This figure suggests that the shape of the trajectory was similar across all the scenarios, even if CPUE in Lake Kasumigaura and Kitaura was removed from the model (S18) and that the recent trend of \(\hat{P}_{2,t}\) was similar in all the scenarios.

Fig. 9
figure 9

Estimated trajectories of size of stock (1+ group) under each of the scenarios listed in Table 5

On observing the trajectories from scenario S6 to S13 in the figure, it can be seen that the decline of \(\hat{P}_{2,t}\) over the 1960s and 1970s was rapid in comparison with that of the other scenarios and that the goodness of fit to the data from stock and recruitment improved to such an extent that S6 and S13 realized a greater value of the total of log-likelihood (Table 7). The results suggest that there was a potential external factor affecting glass eels.

Figure 10 illustrates the sustainable yield against \(\hat{P}_{2,t}\). When utilization of exploitable stock was allowed for the fisheries, the value of MSY was 4,180 tons and the value of fishing coefficient giving the MSY was 0.11 (per year). When only glass eels were permitted for aquaculture, the MSY value was 266 tons.

Fig. 10
figure 10

Sustainable yield curves under the two extreme scenarios

Discussion

Under various scenarios, the results of the estimation firmly supported the recent recovery of \(\hat{P}_{2,t}\). It was hypothesized that the recovery would be caused by the reduction of scale of eel fisheries, as discussed earlier. Since the main fishing gears for catching eel stock are traditional and conservative, a decrease in the number of fishing units would therefore contribute significantly to the reduction of excess effort.

To understand the unified effect of two fishing mortalities (\(f_{0,t}\) and \(f_{1,t}\)) to the exploitable stock, the value of \(f_{0,t}\) is converted to that of \(f_{1,t}\), giving the same spawning per recruit (\(x(f_{1,t} )\)). In the biological and operational parameters in the base case scenario (S1), the unified value is approximately expressed by \(f_{1,t} + 0.123f_{0,t}\). The averages of \(f_{1,t} + 0.123f_{0,t}\) for the 1950s, 1960s, 1970s, 1980s, 1990s, and 2000s were 0.09, 0.14, 0.17, 0.32, 0.18, and 0.10, respectively. The average for the 2000s was slightly less than \(f_{1,t} = 0.11\), giving the MSY.

In the sensitivity tests, S15–S17 cover the entire plausible range and, consequently, the underreported catch does not affect the present results. It is a possibility that Japanese statistics do not include part of the catch in the coastal zone [44]; however, the effect of the catch is small because the scale of fisheries exploiting the stock in the sea is relatively tiny compared to that in freshwater fisheries.

Using ad hoc data to calculate the rate of the annual aquaculture production to the annual input of utilization of glass eels as seeds (for example, 690 times for Chinese aquaculture), the recent Chinese input of glass eels was estimated to be sevenfold the total amount adopted in our study. The estimate of total takes of glass eels in East Asia has increased since the 1970s; however, the increase has been quite inconsistent with respect to the decreased input of glass eels in each of the countries and regions. Thus, data on eel stock should be carefully examined.

A potential for overreported takes of glass eels in Japanese statistics was presented when the annual demand of glass eels was estimated by converting aquaculture production of commercial size eels to constant survival and growth rates [45]. However, in general, demand does not reflect supply. For example, in the 1950s–1960s, the eel aquaculture industry consisted of two types of companies; one is to produce the seed (5–20 g) with glass eels and the other is to produce eels of commercial size (150–200 g) by buying the seeds and obtaining natural ones [2, 4]. Under conditions of open competition, some overproduction of the seeds would occur. Note that the price of glass eels corrected by deflator in 1960 was around 5 % of the price in 2010 and that the fast-growing seeds were selected and landed a few times in the landing season. A similar discrepancy between the theoretical demand for glass eels and the actual supply has been acknowledged [46]. In addition, values of survival and growth rates dramatically improved due to technical progress around 1970.

An abundance index representing the total abundance in East Asia is desirable when the aim is to make successive estimations. Although the best available Japanese data have been used in our calculations, additional evidence may be needed to confirm that the data do not involve bias in the trend for CPUE due to Japanese regionality of stock density. The regionality of stock density among countries is caused by differences in the annual exploitation rate for both exploitable stock and glass eels, and by the regional quantity of glass eels transported by ocean currents. Research surveys on stock abundance in other countries are necessary in the near future to investigate the issue of regionality.

If stock is divided into two substocks (Japanese and another substock) and a parameter of the rate of the Japanese substock of glass eel to the whole amount is introduced, population dynamics by substock can be theoretically simulated. This would enable the expression of differences in the abundance index of exploitable stock between waters where the stock is exploited and where it is not. In general, dynamical models for stock consisting of several substocks are available. However, this approach is currently premature because there is no information available to compare sizes of the substocks and this parameter will be sensitive to the results of assessment.

CPUE for exploitable stock may be affected by river development, and the correction of CPUE may be necessary if a gap in annual changes of CPUE exists between the whole stock and the local stock in the lake. Although variable effects of floodgates may have caused the decline of catch amount in Lake Kasumigaura and Kitaura [35], the correction in S14 does not contribute to this likelihood, and the effect does not seem remarkable as compared to S6 and S13. In the Tone river system, including the lakes, (1) the annual takes of glass eels in the mouth of the river seemed to be fluctuating around the constant mean during 1963–2005 and (2) both total catch in the river system for glass eels and exploitable stock decreased [35]. If the effect of river development was presumed due to the local phenomena, one hypothesis is that the development reduced the survival rate of glass eels.

In the results of estimation, the exploitation rate for glass eels was considerably large, and attention should be drawn to the impact of taking glass eels on the mature components of the stock. By simply calculating the effect of glass eels takes in terms of the mature component, the number of glass eels in a catch of 1 kg is about 6,700 individuals, which corresponds to about 50 mature females (38 kg in total), assuming that all females are sexually mature at age 9 and that natural mortality only occurs.

The MSY from glass eels will yield 228 thousand tons of aquaculture production, indicating the recent ratio of aquaculture landing to input of glass eels (857-fold for Japanese aquaculture), which is 55-fold the MSY from the exploitable stock. From the aspect of economic productivity, aquaculture has a relatively dominant position compared to the fisheries. On the other hand, economic productivity causes heavy overexploitation of the natural eel stock. Management objectives should be carefully decided upon by considering some tradeoffs.

Regulation of the catch for exploitable stock was recently considered in Japan as a means to allow the adult stock to recover. However, the regulation will not have a substantial effect on rehabilitation because the estimated exploitation rate has already decreased to a very small level, as shown in Table 7 and Fig. 7.

Another measure of stock management is to regulate takes for glass eels. Some measures for minimizing the loss due to new regulations will be required since regulation of the takes may lead to greater economic loss of the aquaculture industry, and the current supply of artificial glass eels is inadequate. A practical measure for minimizing the loss is to rear and release that part of glass eels taken as seeds for aquaculture in order to ensure a certain annual number of juveniles. Let us suppose that the survival rate for glass eels in a given year is 80 % in aquaculture and 3 % in the natural environment. Then, if 3.75 % of glass eel takes were used for stocking seeds, aquaculture of the glass eels will produce stocking seeds at an amount equal to that of natural juveniles that were lost during the takes. Thus, the effect of glass eel takes can be canceled out by using a part of the glass eels taken for stocking seeds. This measure is expected to preserve genetic diversity in the stocking seeds since the latter originate from naturally matured stock. However, the above calculation is made using the assumed value of \(M_{0}\), and I shall attempt to precisely estimate the value of \(M_{0}\) in future research.