Engineering, Filling and Logistics Businesses

This segment includes manufacturing and sales of can and can end making machinery and beverage filling equipment, contract filling and sales of beverages, aerosol products and general liquid-filled products, and trucking and warehousing services.

Group companies in Engineering, Filling and Logistics businesses

Results

For the fiscal year ending March 2023, the Group’s engineering, filling and logistics businesses generated 198,373 million yen in net sales, up 18.7% year on year, and 8,768 million yen in operating income, down 11.7% year on year.

Growth strategies

Engineering

• Expand compact can-making system and new aseptic filling system
• Provide production facilities that save on energy, resources, and labor in response to social demands

Contract filling

〈Beverage products〉

• Develop facilities, marketing of packaging, and new technology revolving around the filling business

〈Aerosol and general liquid filled products〉

• Pass on the increased costs of raw materials and energy prices
• Reduce costs through energy conservation, labor-saving measures, and production efficiencies
• Extend sales in existing fields and cultivating new fields

Logistics

• Use operation of Toyo Mebius Kumagaya Logistics Center to respond to the “white logistics movement” based on environmental awareness, improved client service, and the building of a logistics foundation

Competitive advantages

Engineering

• A technology development framework leveraging the comprehensive power of the Group’s expertise in materials, molding, machinery, analysis, and quality
• Supply capability, stable global customer base, and high market shares

Contract filling

〈Beverage products〉

• High quality and reliability in Japan and overseas
• Supplying the domestic market with the Group’s total services: packaging, filling, and logistics
• Low-cost overseas operation while handling a broad range of packaging goods and small/medium lots

〈Aerosol and general liquid filled products〉

• High level of expertise developed as a leading company in the aerosols industry̶in technology, quality control, and development
• A supply chain that enables products to be supplied reliably and promptly

Logistics

• High safety and quality standards for product shipment and comprehensive logistics services

Issues

• In the engineering business, building a revenue structure that is not affected by external factors such as demand trends, and raw material prices, and securing engineers
• In beverage products, exploring growth opportunities that lead to the creation of group synergies both domestically and internationally, and addressing the lack of production capacity for robust demand overseas
• In aerosol and general liquid filled products, taking action on rising raw material prices, in-house production by customers, intensified competition due to competitors’ capacity expansion, and aging production facilities
• In the logistics business, securing personnel and addressing driver shortages

Measures of Mid-Term Management Plan 2025

Strategy and key measures in FY2023

• Packaging business
• Engineering, Filling and Logistics businesses
• Steel plate related business

• Functional material related business
• Real estate related business
• Other businesses