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

Packaging Business

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

A leading packaging company

We manufacture and sell a variety of packaging containers that support everyday life, including metal products such as empty beverage and food cans, plastic products such as bottles and pouches, as well as caps, paper containers, and glass bottles.
We are able to provide a wide variety of containers across the group, allowing us to flexibly respond to the needs of our customers and society.

Packaging Business group company

Paper products
Glassware

Metal products: empty beverage cans

We manufacture and sell empty cans for soft drinks such as coffee and carbonated drinks, as well as empty cans for alcoholic drinks such as beer and chuhai.

* Equity method affiliate

Metal products: Empty cans for food and household goods

We manufacture and sell empty food cans for seafood and fruit products, as well as empty household cans for insecticides and bath salts.

Metal products: Metal caps

We manufacture and sell maxi caps and crown caps for soft drinks and alcoholic beverages, as well as screw caps for food products.

*Equity method affiliate

Metal products: Other metal products

We manufacture and sell 18 liter cans.

* Equity method affiliate

Plastic products: PET bottles for beverages

We manufacture and sell PET bottles for soft drinks such as carbonated beverages and teas, as well as PET bottles for alcoholic beverages such as sake and shochu.

Plastic products: plastic bottles

We manufacture and sell plastic bottles for food products such as mayonnaise and dressing, as well as household products such as laundry detergent and shampoo.

  • Mebius Packaging Co., Ltd.

    Manufacture and sale of plastic products

  • Toyo Seikan (Thailand) Co., Ltd.

    Manufacturing and sales of plastic products, manufacturing and sales of PET bottles for beverages and contract filling services, technical support center, and administrative services for group companies.

  • Tokan (Changshu) High Technology Containers Co., Ltd.

    Manufacture and sale of resin products

Plastic products: plastic films, pouches, trays

We manufacture and sell pouches for food such as curry, and refill pouches for laundry detergent.

  • Toyo Seikan Co., Ltd.

    Manufacture and sale of various empty cans, containers, and filling equipment

  • Tokan Kogyo Co., Ltd.

    Manufacture and sale of paper and plastic container products

  • Tokan (Changshu) High Technology Containers Co., Ltd.

    Manufacture and sale of resin products

Plastic products: plastic caps

We manufacture and sell plastic caps for PET beverage bottles and other related products.

*Equity method affiliate

Plastic products: Other plastic products

We manufacture and sell plastic cups and BIBs (bag-in-boxes).

* Equity method affiliate

Paper products

We manufacture and sell paper container products such as drinking cups and food cups, as well as various cardboard products.

Glassware

We manufacture and sell bottled products for soft drinks and alcoholic beverages, as well as various tableware for restaurants and general consumers.

Performance

Sales amounted to 602.297 billion yen (down 0.0% year-on-year), and operating profit was 26.784 billion yen (down 0.8% year-on-year).

Market size/SWOT analysis

Market size and market share (Source: Our company's research)

  • beverage cans

    ​1st place in Japan

    ​Approximately 40 % share

  • PET bottles for beverages
    (Including preforms)

    ​1st place in Japan

    ​Approximately 30 % share

  • For PET bottles for soft drinks
    plastic cap

    ​1st place in Japan

    ​Approximately 60 % share

  • For drinking and
    Food-grade paper cups

    ​1st place in Japan

    ​Approximately 60 % share

  • Glass bottle

    ​2nd place in Japan

    ​Approximately 30 % share

Competitive advantages and strengths

  • High product development capabilities and quality
  • A lineup of economically superior products based on stable supply capacity
  • Trust and a strong customer base built over many years

Assignment

  • Strategic review of business portfolio
  • Optimizing sales strategies based on demand trends
  • Building a stable supply system in response to labor shortages

Risks to growth and profit generation

  • Rising raw material and energy prices
  • Difficulties in procuring raw materials due to unstable international conditions, and fluctuations in financial markets.
  • Intensifying market competition
  • Difficulty in recruiting personnel due to a decline in the working population

Growth and revenue generation opportunities

  • The growing demand for aluminum products, pouch products, and paper products is driven by the need to reduce environmental impact.
  • Creating new demand by developing products with improved functionality and convenience

Progress and Review for Fiscal Year 2025

Price revision

  • Price revisions will be implemented to reflect increases in raw material and energy prices.
  • Expanding the system of linking sales prices to fluctuations in raw material prices through formulaization centered on metal containers.

Restructure unprofitable operations.

  • We will shift management resources to growth areas, improve profitability through price revisions, and improve unprofitable business areas and locations.

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

① Sustainable growth of existing businesses

  • Reducing material usage and costs through the use of Compression Bottom Reform (CBR) in beverage cans, and expanding production lines to meet the growing demand for aluminum beverage cans
  • Production line for PET bottle products for seasonings expanded and operational.
  • Expanding sales of high value-added products (such as alcohol bottles for export overseas)

② Exploring, commercializing, and monetizing new growth areas

  • Driven by the growing demand for paper-based products due to environmental concerns, we aim to expand sales and strengthen our supply system for paper packaging products.
  • Product development and reuse/recycling business focused on healthcare applications for general plastic bottle products.
  • Developing sales channels in the medical field for our optical lens business.
  • Searching for and developing applications for slightly water-soluble glass (using blue carbon, etc.)
  • Promoting market development using packaging systems and formats specifically designed for e-commerce logistics

③ Strengthening the management foundation that supports growth

  • Business efficiency and productivity improvement through DX promotion, etc.
  • Co-creation Initiatives with Stakeholders Toward circular economy
  • Strengthening human resource systems, talent development, and governance to create a sustainable organization.

2. Progress of the "Capital Efficiency Initiative 2027"

  • Profit improvement through price increases, reduction of fixed costs, and increased sales of high value-added products.
  • Improving production efficiency through the introduction of robots in the production process

Overview of Strategies in the Medium-Term Management Plan 2030

Metal products

  • Price revision to ensure appropriate profit levels
  • Differentiation through the provision of high-value-added products and services that address customer needs and social issues.
  • Improving productivity through the modernization of the production infrastructure by utilizing DX and smart manufacturing in the replacement of aging equipment.
  • Creating new growth drivers in metal caps, and stabilizing and expanding profitability in overseas businesses.
  • Improve profitability by reducing fixed manufacturing costs and indirect costs

Plastic products

  • Creating new growth drivers for plastic caps, and stabilizing and expanding profitability in overseas businesses.
  • Providing value that captures customer needs and monetizing it in general plastic bottles, stabilizing processes and reducing costs through the replacement of aging equipment and the use of digital technology.

Paper products

  • Expanding sales of new products and developing new markets.
  • Improved profitability through increased production efficiency and reduced fixed costs.
  • Expanding sales of newly developed products in response to the growing need for paper-based solutions due to environmental concerns.

Glassware

  • Price revisions to expand sales of high value-added products and ensure appropriate profit levels.
  • Cost reduction through labor-saving and production efficiency improvements in production processes via smart factory investments.
  • Developing Asian, European, and American markets to establish the optical lens business.

Strategies and Key Initiatives for Fiscal Year 2026

① Business growth in growth business areas

Metal products

  • Enhancing added value and strengthening competitiveness through the proactive deployment of environmentally friendly products such as EcoEnd™.
  • Expanding sales of caps for aluminum bottles and cans for overseas markets, where demand is expected to increase.

Plastic products

  • Improving customer value through the introduction of a high-speed preform molding machine compatible with mechanically recycled PET material.
  • Strengthening our business development system for general plastic bottle products will enable us to develop the healthcare sector by leveraging our sealing design, barrier technology, and stable quality.

Paper products

  • Expanding sales of environmentally friendly, high-value-added products such as FF cups and paper lids.
  • Promoting expansion into high-growth markets such as frozen foods and weight-packed foods.

Glassware

  • Developing Asian, European, and American markets to establish the optical lens business.

② Efficiency improvements and sustainable investment in mature business areas

Metal products

  • Reduced material usage and costs through the use of CBR technology in beverage cans.
  • Price-linked system for sales based on fluctuations in raw material prices
  • Improving productivity through the modernization of the production infrastructure by utilizing DX and smart manufacturing in the replacement of aging equipment.

Plastic products

  • Stabilizing processes and reducing costs through the replacement of aging equipment and the use of digital technology.

Paper products

  • Promoting cost reduction through the establishment of a production system that improves yield and develops labor-saving equipment.
  • Shifting to high value-added products and improving profitability through price increases

Glassware

  • Price revisions to expand sales of high value-added products and ensure appropriate profit levels.
  • Cost reduction through labor-saving and production efficiency improvements in production processes via smart factory investments.

③ Strengthening the management foundation

Metal products

  • Strengthening cost competitiveness through planned replacement of aging equipment and labor-saving measures utilizing digital technology.
  • Securing talent and fostering a positive organizational culture by promoting employee engagement through improvements in the work environment and enhanced compensation.
  • The reform of the management accounting system will lead to faster and more accurate business decisions.

Plastic products

  • Promoting business automation and human resource development through the establishment of a DX promotion system.
  • Creating a workplace environment based on health management and improving employee engagement.

Paper products

  • Optimizing productivity and supply chains, and improving operational efficiency and profitability through data utilization.
  • Improving organizational strength through talent development and workplace environment improvement, and fostering a corporate culture that encourages challenge and transformation.

Glassware

  • Promoting investment in smart factories
  • Business optimization and standardization through core system modernization, and strengthening of the data utilization platform.