EN JP
News
About Toyo Seikan Group
Company Information
Company Information TOP
Business Introduction
Business Introduction TOP
Sustainability
Sustainability TOP
Investor Relations
IR Information TOP
Recruitment Information
Contact Us
English Japanese

Engineering, Filling and Logistics Businesses

Group companies Earnings SWOT analysis Progress and Review In the Medium-Term Management Plan 2030
Strategy Overview Strategy and Key Initiatives

We are expanding our business with the aim of expanding the packaging value chain and reducing the environmental impact, including the manufacture and sale of can and lid making machines and beverage filling equipment, contract manufacturing and sales of beverage filling products, aerosol products and general filling products (liquid filling products), and freight truck transportation and warehousing businesses.

Group company engaged in Engineering, Filling and Logistics Businesses

Engineering
Filling
Logistics

Engineering

We manufacture and sell can and lid making machines and beverage filling equipment.

  • Toyo Seikan Group Engineering Co., Ltd.

    Manufacture, sale and technical services for can making machines, filling machines, packaging machines, food processing machines, etc.

  • Tokan Trading Corporation

    Sales of container materials, petroleum and chemical products, food machinery and equipment, and parts

  • Toyo Glass Machinery Co., Ltd.

    Manufacture and sale of molds and machinery for glass and plastic containers

  • Stolle Machinery Company, LLC

    Development, manufacturing, sales and various services related to can and lid manufacturing machines

  • Stolle Machinery do Brasil Industria e Comercio Equipamentos Ltda.

    Manufacturing, sales and various services for can and lid manufacturing machines

  • Stolle Asia Pacific Co., Ltd

    Sales of can and lid manufacturing machine parts and various services

  • STOLLE MACHINERY (SHANGHAI) CO., LTD.

    Sales of can and lid manufacturing machine parts

  • Stolle Machinery (Guangdong) Co., Ltd.

    Manufacture and sale of can manufacturing machine parts

  • Guangzhou Nansha Stolle Machinery Co., Ltd.

    Sales of can and lid manufacturing machine parts

  • Stolle Europe Ltd.

    Sales and services of can and lid manufacturing machines

  • Stolle Machinery UK Ltd

    Manufacturing, sales and various services of can manufacturing machines

  • Stolle EMS Polska Sp. z oo

    Manufacturing, sales and various services of can manufacturing machines

  • Kanagata (Thailand) Co., Ltd.

    Manufacture and sale of molds for plastic products, and parts for injection molding machines

filling

We undertake the contract manufacturing and sales of beverage-filled products such as tea, aerosol products such as insecticides and antiperspirants, and general-purpose filled products (liquid-filled products) such as shampoo and hand soap.

logistics

We are engaged in businesses such as truck transportation and warehousing for our group companies.

Performance

Sales amounted to 179.344 billion yen (a 22.5% increase compared to the previous period), and operating profit was 3.293 billion yen (compared to an operating loss of 9.667 billion yen in the previous period).

SWOT analysis

Competitive advantages and strengths

Engineering Business

  • System integration capabilities and customer support system that provide end-to-end support from product design to line startup and post-operation maintenance and updates.
  • A wide range of equipment and high technical capabilities to support the molding, printing, and transportation of cans and lids.
  • A stable customer base in global markets, including Europe and the United States, and a high market share of over 50% in the can manufacturing and lid manufacturing equipment market.

Filling Business

Beverage filling

  • Trust in high quality
  • Providing a total group service of "containers + filling + logistics" in Japan
  • Flexible handling of diverse contents and small to medium-sized lots overseas.

Aerosol products and general filling products

  • High technical capabilities, development capabilities, and quality control capabilities cultivated over many years
  • Pharmaceutical aerosol production capacity (equipment and technology)
  • Malaysia's largest general-purpose product filling capacity and a procurement network capable of handling halal-certified products.

Logistics Business

  • Highly efficient transportation and delivery utilizing a nationwide network of approximately 80 locations, and logistics quality cultivated over many years.

Assignment

Engineering Business

  • Building a revenue structure unaffected by cyclical fluctuations in demand trends, and strengthening profitability reviews that take into account profitability and collection risks.
  • Stable business operations through optimization of production capacity and project execution structure.
  • Improving working capital efficiency through enhanced management of inventory, accounts receivable, and order backlogs.
  • Strengthening the service infrastructure that supports the entire lifecycle of equipment through IoT and data utilization.

Filling Business

Beverage filling

  • Explore growth opportunities that will lead to the creation of group synergies both domestically and internationally, and address the lack of production capacity to meet robust demand overseas.
  • Exploring opportunities for business expansion both domestically and internationally, and securing and developing talent.

Aerosol products and general filling products

  • Streamlining and optimizing operations in the production site, and reducing material loss.
  • Upgrading of equipment through replacement of aging equipment, etc.
  • Securing and developing human resources, standardizing operations, and promoting digital transformation (DX)

Logistics Business

  • Driver retention and training, and automation/labor-saving for the entire logistics operation.

Risks to growth and profit generation

  • The impact of country risks and geopolitical risks associated with global expansion, and the impact of natural disaster risks on supply chains.
  • Periodic stagnation in equipment demand in the engineering business, and a decline in the competitiveness of existing products and services due to accelerated technological innovation driven by advancements in digitalization and automation technologies.
  • Risks of raw material procurement due to changes in the external environment in beverage filling, and shift to in-house production by customers
  • Impact on production and maintenance systems due to difficulties in recruitment caused by a declining workforce and a decrease in skilled workers.
  • A business structure in the logistics business that is highly dependent on intra-group transactions.

Growth and revenue generation opportunities

  • In our engineering business, we are seeing growth in the beverage market, demand for can manufacturing equipment primarily in emerging countries, demand for can containers and lightweighting technologies aimed at reducing environmental impact and improving recyclability, and expanding demand for equipment upgrades, automation, and aftermarket services in mature markets.
  • Expanding global sales opportunities for overseas beverage and general filled products due to the increasing world population and economic growth.
  • Expand the market size by expanding into new fields for aerosol products and general filled products
  • Expanding business opportunities due to increased awareness of halal certification for general-purpose products in the Malaysian market.
  • Providing integrated logistics services that connect group companies with customers.

Progress and Review for Fiscal Year 2025

1. Results of the "Medium-Term Management Plan 2025"

① Sustainable growth of existing businesses

Engineering Business

  • Improved profitability through increased productivity, fair pricing, and revised contract terms.
  • Optimizing the business foundation by streamlining operations at bases primarily in Europe and Asia and reviewing unprofitable businesses.

Filling business Beverage filling

  • Toyo Seikan (Thailand) Co., Ltd. (hereinafter referred to as "TST") in Thailand has decided to further expand its PET bottle beverage filling line, thereby expanding its supply system.

Filling Business: Aerosol Products and General Filling Products

  • We will pass on the increased procurement costs, such as material and energy costs, to our selling prices.
  • We will promote the reduction of external labor through productivity improvements and improve profitability.
  • Implementation of the acquisition of PREMIER CENTRE GROUP SDN. BHD. (hereinafter referred to as "PCG") in Malaysia as a subsidiary.

Logistics Business

  • Promoting transportation efficiency through the use of our own logistics bases.

② Exploring, commercializing, and monetizing new growth areas

Engineering Business

  • We will expand our system integration and spare parts supply/maintenance services for emerging markets, and promote a shift towards a business structure less susceptible to economic fluctuations.
  • We have launched "Insight," a new IoT system that helps improve the operating rate of our customers' equipment, and we are expanding after-sales services such as maintenance and parts supply tailored to the equipment status based on real-time monitoring and analysis of equipment operating conditions.
  • TPK Corporation has introduced an environmentally friendly can lid seaming machine (seamer) and is utilizing it as a model line that could lead to the sale of the equipment to other companies.

Filling business Beverage filling

  • Explore opportunities to expand the filling business both domestically and internationally
  • TPK Corporation has started operations of its first ready-to-drink (RTD) beverage line within the group.

Filling Business: Aerosol Products and General Filling Products

  • Promoting capital investment and the establishment of production and quality control systems in response to new product orders in the pharmaceutical sector for aerosol products.

Logistics Business

  • Promoting packaging material cleaning business in line with the advancement of pallet transport

③ Strengthening the management foundation that supports growth

Engineering Business

  • Strengthening the management system through organizational and governance reforms, and improving capital efficiency and profitability through sophisticated cross-departmental decision-making.

Filling business Beverage filling

  • Promoting work style reforms, reducing manpower through the use of IoT and robots, and allocating talent to growth sectors.

Filling Business: Aerosol Products and General Filling Products

  • Productivity improvement through standardization and labor-saving of production lines

Logistics Business

  • Promoting work style reforms to create a comfortable working environment, including reviewing logistics facilities to put drivers first

2. Progress of the "Capital Efficiency Initiative 2027"

Engineering Business

  • Improving profitability through reviewing unprofitable businesses and locations, optimizing pricing and contract terms, and expanding after-sales services.
  • Improving capital efficiency through enhanced cash management

Filling business Beverage filling

  • Capital investment to meet growing demand overseas
  • Promoting the passing on of rising raw material and energy prices, as well as labor and logistics costs, to retail prices.
  • We are consolidating outsourced domestic operations in-house to drive cost reduction and improve operational efficiency.

Filling Business: Aerosol Products and General Filling Products

  • Reducing manufacturing costs and eliminating production lines for unprofitable products.
  • Price increases to reflect rising raw material procurement costs and labor costs.
  • At PCG, this includes improving equipment utilization through acquiring new customers and orders, reducing material loss during filling and mold changes, optimizing production plans and production lots, and lowering manufacturing costs through expanding local procurement of raw materials.

Logistics Business

  • Promoting improved and standardized transportation efficiency through the expansion of bases and warehouses.

Overview of Strategies in the Medium-Term Management Plan 2030

Engineering Business

  • Capturing demand in the Middle East and Africa
  • We will promote the adjustment of our business scale in accordance with market conditions through a review of pricing and contract terms, streamlining operations at our bases, mainly in Europe and Asia, and reviewing unprofitable businesses.

Filling Business

Beverage filling

  • Maintaining and improving profitability through cost reduction measures.
  • Revenue growth through increased production capacity at TST in response to growing global demand.

Aerosol products and general filling products

  • Improving profitability through reviewing unprofitable products and improving productivity.
  • Pursuing business synergies resulting from the acquisition of PCG as a subsidiary.

Logistics Business

  • Logistics that ensures uninterrupted business operations for our customers through investment in our own logistics bases.
  • Realizing logistics efficiency through the use of business bases nationwide, and reducing the workload through the use of IT.

Strategies and Key Initiatives for Fiscal Year 2026

① Business growth in growth business areas

Engineering Business

  • Expansion of system integration and aftermarket businesses for emerging markets
  • Strengthening the revenue base through improved business evaluation processes based on contract terms, recoverability, and profit margins, and expanding lifecycle revenue.

Filling Business

Beverage filling

  • TST Corporation will increase its production and storage capacity through the installation of a new PET bottle product filling line and the operation of an automated warehouse.

Aerosol products and general filling products

  • Building a production system for new orders in the pharmaceutical sector to ensure profitability in aerosol products next fiscal year.
  • PCG will promote the acquisition of new customers, primarily in Southeast Asia, through the expansion of its product lineup, the expansion of halal certification for existing products, and the strengthening of sales activities.

Logistics Business

  • Maintaining transport capacity through palletization and increasing the number of company-owned vehicles; promoting efficiency through joint delivery and mutual use of various bases among group companies responsible for logistics operations; and considering new logistics bases.

② Efficiency improvements and sustainable investment in mature business areas

Engineering Business

  • Improving profitability by reviewing unprofitable locations and redundant functions, and by optimizing pricing and contract terms.
  • Automation of processes through the use of robots to reduce labor and improve production efficiency, and improved cash generation capacity through strengthened working capital management.

Filling Business

Beverage filling

  • We are consolidating outsourced domestic operations in-house to drive cost reduction and improve operational efficiency.

Aerosol products and general filling products

  • We will systematically implement maintenance and replacement of aging facilities domestically to maintain and improve productivity.
  • At PCG, efficiency improvements were achieved through updating filling equipment to meet packaging material trends, reducing material loss, and improving line utilization rates through optimization of production lots and production plans.

Logistics Business

  • Maintaining transport capacity through palletization and increasing the number of company-owned vehicles; promoting efficiency through joint delivery and mutual use of various bases among group companies responsible for logistics operations; and considering new logistics bases.

③ Strengthening the management foundation

Engineering Business

  • Strengthening management systems through organizational and governance structure review, and improving capital efficiency through enhanced cross-departmental decision-making and financial/business analysis functions.
  • To support the deployment of "Insight," we will improve and standardize the development process review system and establish a development system for efficient output creation through the development of digital analytics personnel.

Filling Business

Beverage filling

  • Promoting work style reform, reducing manpower through the use of IoT and robots, allocating human resources to growth fields, reducing the environmental impact of products and contributing to a decarbonized society

Aerosol products and general filling products

  • Advanced production management and cost accounting through system modifications utilizing IoT and other technologies.
  • Improving PCG's infrastructure to address the risks of operational shutdowns and supply chain disruptions due to natural disasters.

Logistics Business

  • Maintaining transportation capacity by promoting the use of the base network and strengthening cooperation with partner companies.