Improving profitability and expanding scale through capital investment, M&A, business restructuring, and stronger sales capabilities
First written in FY2016. 19 of 34 entries say "Advanced", first in FY2019. Latest entry: FY2026.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As part of our M&A initiatives, in April last year we acquired an equity stake in Kinki Corrugated Board株式会社, based in Kusatsu, Shiga Prefecture, and made Shinko株式会社, based in Higashimurayama, Tokyo, a subsidiary, strengthening the corrugated packaging business. In January this year, we additionally acquired shares in Okaji Logistics株式会社, based in Kainan, Wakayama Prefecture, and in March acquired additional shares in Murase Corrugated Board株式会社, based in Konan, Aichi Prefecture.」
The equity investment in Kinki Corrugated Board and the investments in and acquisitions of Shinko, Okaji Logistics and Murase Corrugated Board advanced the expansion of the domestic corrugated packaging and logistics businesses. - FY2026-H1AdvancedAnnual report
「As part of our M&A initiatives, in April this year we acquired an equity stake in Kinki Corrugated Board株式会社, based in Kusatsu, Shiga Prefecture, and made Shinko株式会社, based in Higashimurayama, Tokyo, a subsidiary, strengthening the corrugated packaging business. We also signed a basic agreement with Sumitomo Forestry Co.,Ltd., based in Chiyoda, Tokyo, on a business and capital alliance in the bioethanol business, and are discussing with the company the establishment of a joint venture and the launch of operations. Overseas, in July, Tri-Wall社 of Hong Kong acquired a 100% equity interest in an Italian manufacturer of heavy-duty packaging materials, Scat社, further advancing its global strategy.」
The equity investment in Kinki Corrugated Board, acquisition of Shinko as a subsidiary, discussions with Sumitomo Forestry on a bioethanol alliance, and 100% acquisition of the Italian company progressed, giving concrete shape to business expansion through M&A and capital alliances. - FY2025AdvancedAnnual report
「In April last year, to expand an integrated operating structure in the flexible packaging business, we integrated the packaging solutions businesses of Sun-Tox株式会社 and Mitsui Chemicals Tohcello株式会社 and made them a subsidiary under the new name RM Tohcello株式会社. We also made Biomaterial in Tokyo株式会社, a biotechnology venture, a subsidiary in anticipation of expansion into the biotechnology business. In July, we made Shibata Corrugated Board株式会社 a subsidiary, and in October acquired an equity stake in Murase Corrugated Board株式会社, strengthening the corrugated packaging business.」
Growth initiatives progressed concretely through the integration of the flexible packaging businesses, the acquisitions of a biotechnology company and corrugated packaging companies as subsidiaries, and the equity investment in a corrugated packaging company. Total capital expenditures for the fiscal year also amounted to ¥99,675 million. - FY2025-H1AdvancedAnnual report
「In April this year, with the aim of expanding an integrated operating structure in the flexible packaging business, we integrated the packaging solutions businesses of Sun-Tox株式会社 and Mitsui Chemicals Tohcello株式会社 and made them a subsidiary under the new name RM Tohcello株式会社. In the same month, looking ahead to expansion into the biotechnology field, we made Biomaterial in Tokyo株式会社, a biotechnology venture based in Onojo, Fukuoka Prefecture, a subsidiary. In July, we made Shibata Corrugated Board株式会社 a subsidiary, strengthening the corrugated packaging business.」
The management integration of RM Tohcello and the acquisitions of Biomaterial in Tokyo and Shibata Corrugated Board as subsidiaries specifically expanded the business bases in flexible packaging, biotechnology and corrugated packaging. - FY2024AdvancedAnnual report
「In August 2023, Howa Sangyo株式会社 integrated and centralized the water-based flexographic printing businesses of Kinyo社 and Marufuku株式会社, establishing a structure to address increasingly diverse needs for flexible packaging products. In October, Fuji Packaging Carton株式会社 and Marufuku株式会社 merged under the new name Fuji Marufuku株式会社, with the aim of improving management efficiency and strengthening competitiveness in the folding carton business. In January 2024, the Ehime Toon Plant in Toon, Ehime Prefecture, began operations following the relocation of the Matsuyama Plant, further strengthening the corrugated packaging business. In April, we integrated the packaging solutions businesses of Sun-Tox株式会社 and Mitsui Chemicals Tohcello株式会社 and made them a subsidiary under the new name RM Tohcello株式会社, with the aim of expanding an integrated operating structure in the flexible packaging business.」
The integration of the water-based flexographic printing business, the merger of folding carton companies, the start of operations at the Ehime Toon Plant and the management integration of the flexible packaging business moved expansion initiatives through business restructuring, equipment investment and M&A into the implementation phase. - FY2024-Q3AdvancedAnnual report
「Special King Environmental Protection Packaging (Chuzhou) Co., Ltd. and TW America Packaging Solutions have been included in the scope of consolidation from the first quarter because they were newly established. Corrugated Case Holdings and Corrugated Concepts Company have been excluded from the scope of consolidation from the first quarter because their liquidations were completed. Nitto Corrugated Board株式会社 has been included in the scope of consolidation from the second quarter because its materiality increased. Tri-Wall Bulgaria has been included in the scope of consolidation from the second quarter because it was newly established. Rosewood Manufacturing Holdings has been excluded from the scope of consolidation from the third quarter because its liquidation was completed.」
The establishment of new companies in China and the United States, the inclusion of Nitto Corrugated Board in the consolidated group and the establishment of Tri-Wall Bulgaria led to changes in the composition of the consolidated group. At the same time, several companies were excluded from consolidation following liquidation. - FY2024-Q2AdvancedAnnual report
「In June 2023, with the aim of further expanding the flexible packaging business, we decided to integrate the packaging solutions businesses of Sun-Tox株式会社 and Mitsui Chemicals Tohcello株式会社 and make them a subsidiary, under the new name RM Tohcello株式会社. In August, Howa Sangyo株式会社 integrated and centralized the water-based flexographic printing businesses of Kinyo社 and Marufuku株式会社, establishing a structure to address increasingly diverse needs for environmentally considerate products. In October, Fuji Packaging Carton株式会社 and Marufuku株式会社 merged under the new name Fuji Marufuku株式会社, with the aim of improving management efficiency and strengthening competitiveness in the folding carton business.」
Business restructuring and the response to environmentally considerate products were given concrete shape through the management integration of the flexible packaging business, the integration and centralization of the water-based flexographic printing business, and the merger of folding carton companies. - FY2024-Q1AdvancedAnnual report
「Special King Environmental Protection Packaging (Chuzhou) Co., Ltd. and TW America Packaging Solutions have been included in the scope of consolidation from the first quarter because they were newly established.」
The 2 newly established companies in China and the United States were added to the scope of consolidation, giving concrete shape to the expansion of the overseas business base. - FY2023AdvancedAnnual report
「In June 2022, we acquired an equity stake in FCL株式会社, an industrial machinery manufacturer based in Nagakute, Aichi Prefecture, to enhance our equipment development capabilities supporting production engineering across the Group. In July, we newly built a plant at the Kanazu Plant in Awara, Fukui Prefecture, for Viscoparl®, biodegradable spherical cellulose particles made from wood-derived pulp, to help address the marine plastic waste problem. In September, we made Marufuku株式会社, based in Hakusan, Ishikawa Prefecture, a subsidiary, expanding our folding carton and flexible packaging businesses. In October, we began construction of the Ehime Toon Plant in Toon, Ehime Prefecture, as the relocation site for the Matsuyama Plant, targeting the start of operations in January 2024. In February 2023, we made Nitto Corrugated Board株式会社, based in Okegawa, Saitama Prefecture, a subsidiary, strengthening our corrugated packaging business.」
The equity investment in FCL, construction of the Viscoparl® plant, acquisitions of Marufuku and Nitto Corrugated Board as subsidiaries, and the start of construction of the Ehime Toon Plant gave concrete shape to initiatives involving equipment, M&A and business expansion. - FY2023-Q3AdvancedAnnual report
「Takigawa Corporation Japan, Converting Technologies Corporation and 4 other companies have been included in the scope of consolidation from the first quarter of the fiscal year because their materiality increased. Tricor Packaging Systems and 5 other companies have been included in the scope of consolidation from the first quarter because new equity interests were acquired. Hiropack株式会社 has been included in the scope of consolidation from the second quarter because its materiality increased. Corrugated Case Holdings, Corrugated Concepts Company and The Corrugated Case Company have been included in the scope of consolidation from the third quarter because new shares were acquired. Suzhou Kitahara Packaging Design Co., Ltd. has been included in the scope of consolidation from the third quarter because a new equity interest was acquired. Action Wood Solutions has been included in the scope of consolidation from the third quarter because it was newly established.」
Acquisitions, consolidation and new company formations involving multiple domestic and overseas companies progressed from the first through third quarters, giving concrete shape to M&A activity and the expansion of the Group's business base. - FY2023-Q2AdvancedAnnual report
「In June 2022, we acquired an equity stake in FCL株式会社, an industrial machinery manufacturer based in Nagakute, Aichi Prefecture, to enhance our equipment development capabilities supporting production engineering across the Group. In July, we newly built a plant at the Kanazu Plant in Awara, Fukui Prefecture, for Viscoparl®, biodegradable microspherical cellulose particles made from wood-derived pulp, to help address the marine plastic waste problem. In September, we made Marufuku株式会社, based in Hakusan, Ishikawa Prefecture, a subsidiary, strengthening our folding carton and flexible packaging businesses.」
Progress was made on initiatives to specifically strengthen equipment development capabilities, new products and the folding carton and flexible packaging businesses through the equity investment in FCL, the construction of the Viscoparl® plant and the acquisition of Marufuku as a subsidiary. - FY2023-Q1AdvancedAnnual report
「The purpose is to add Tiem Packaging Systems to the Group, thereby expanding its product portfolio and strengthening its supply system, and to respond promptly to a broad range of packaging needs in the heavy-duty packaging market in and around Germany.」
On 30 June 2022, the Group acquired an equity interest in Tiem Packaging Systems, bringing its post-acquisition voting rights ratio to 100%. The Group has concretely expanded its product portfolio and supply system for heavy-duty packaging. - FY2022-Q1AdvancedAnnual report
「Kin'yosha Co., Ltd. has been included in the scope of consolidation since the first quarter of the current fiscal year because its materiality increased.」
The expansion of the Group's business foundation has taken concrete form in accounting through the inclusion of Kin'yosha in the scope of consolidation following the increase in its materiality. - FY2021-Q3AdvancedAnnual report
「Sun-Tox Co., Ltd., formerly an equity-method affiliate, has been included in the scope of consolidation since the third quarter of the current fiscal year as a result of the additional acquisition of its shares.」
The Group advanced M&A and expanded the scope of consolidation in the flexible packaging business by additionally acquiring shares in Sun-Tox Co., Ltd. - FY2021-Q2AdvancedAnnual report
「In October, to further expand the flexible packaging business, the Group additionally acquired shares in its equity-method affiliate Sun-Tox Co., Ltd. (Taito, Tokyo), making it a subsidiary.」
The Group carried out a specific M&A transaction to expand the flexible packaging business by additionally acquiring shares in Sun-Tox Co., Ltd. and making it a subsidiary. - FY2020AdvancedAnnual report
「In April 2019, the Group separated the Matsumoto branch plant of its Nagano Plant and made it an independent Matsumoto Plant, strengthening its corrugated product supply system in the Chubu region. In June, Nihon Matai Co., Ltd. (Taito, Tokyo) made Sanyo Kakoshi Co., Ltd. (Toda, Saitama Prefecture) a subsidiary. In August, the Group and Nihon Matai Co., Ltd. acquired shares in Tarutani Packaging Industries Co., Ltd. (Amagasaki, Hyogo Prefecture), making it a subsidiary and strengthening the heavy-duty packaging business. In the same month, the Group made Takeda Paperboard Co., Ltd. (Kashiwa, Chiba Prefecture) a subsidiary, followed in September by Nishihara Shigyo Co., Ltd. (Samukawa, Koza District, Kanagawa Prefecture), thereby expanding its corrugated packaging and SP businesses.」
The expansion of the domestic supply system and packaging businesses has taken concrete form through the independence of the Matsumoto Plant and the acquisition of Sanyo Kakoshi, Tarutani Packaging Industries, Takeda Paperboard and Nishihara Shigyo as subsidiaries. - FY2020-Q3RestatedAnnual report
「As the General Packaging Industry, or GPI Rengo, our Group is enhancing its comprehensive packaging capabilities across a broader range of fields, centered on its six core businesses: paper manufacturing, corrugated packaging, paperboard packaging, flexible packaging, heavy-duty packaging and overseas operations, while working to increase orders through development- and proposal-based sales, improve cost competitiveness and strengthen its financial position.」
The Group reiterates measures to enhance its business scale and profitability through development- and proposal-based sales, improved cost competitiveness and a stronger financial position. - FY2020-Q2AdvancedAnnual report
「In April 2019, the Group separated the Matsumoto branch plant of its Nagano Plant and made it an independent Matsumoto Plant, strengthening its corrugated product supply system in the Chubu region. In June, Nihon Matai Co., Ltd. (Taito, Tokyo) made Sanyo Kakoshi Co., Ltd. (Toda, Saitama Prefecture) a subsidiary. In August, the Group and Nihon Matai Co., Ltd. acquired shares in Tarutani Packaging Industries Co., Ltd. (Amagasaki, Hyogo Prefecture), making it a subsidiary and strengthening the heavy-duty packaging business. In the same month, the Group made Takeda Paperboard Co., Ltd. (Kashiwa, Chiba Prefecture) a subsidiary, followed in September by Nishihara Shigyo Co., Ltd. (Samukawa, Koza District, Kanagawa Prefecture), thereby expanding its corrugated packaging and SP businesses.」
The expansion of the domestic business through the independence of the Matsumoto Plant and the acquisition of heavy-duty packaging, Takeda Paperboard and Nishihara Shigyo companies as subsidiaries has taken concrete form through capital investment and M&A. - FY2020-Q1RestatedAnnual report
「In the corrugated packaging, paperboard packaging and flexible packaging businesses, the Group is strengthening coordination among these businesses with the aim of increasing orders through integrated sales promotion for packaging ranging from individual packaging to inner and outer packaging. In addition, to strengthen sales capabilities across the Group and restructure its production system, it is strengthening coordination with Group companies, centered on each regional business division, to accurately identify and promptly address the needs of each region.」
The Group continues to pursue measures to increase orders by strengthening coordination among packaging businesses and Group companies, strengthening sales capabilities and restructuring its production system. - FY2019AdvancedAnnual report
「In August 2018, the Group made Sanwa Corrugated Co., Ltd. (Kochi, Kochi Prefecture) a subsidiary. In September, it acquired 60% of the shares of Toppan Container Co., Ltd., a subsidiary of Toppan Printing Co., Ltd., making it a subsidiary under the new name Rengo Toppan Container Co., Ltd. (Kawaguchi, Saitama Prefecture), and expanded its corrugated packaging business. In the same month, Sanyo Motor Transportation Co., Ltd. (Higashiosaka, Osaka Prefecture) relocated and expanded its Kyoto branch to Yawata, Kyoto Prefecture, improving the efficiency of collection and delivery operations and vehicle dispatching. In November, Hohwa Sangyo Co., Ltd. (Funabashi, Chiba Prefecture) added a new factory building at its Narashino Plant, establishing a structure to meet continued growth in demand for flexible packaging.」
Measures to expand the business scale through capital investment, M&A and stronger business operations have taken concrete form, including the acquisition of subsidiaries, relocation and expansion of logistics facilities and addition of a new flexible packaging factory building. - FY2019-Q3RestatedAnnual report
「In the paper manufacturing business, the Group is selecting and concentrating on business fields to strengthen competitiveness, restructuring its production system and making capital investments that contribute to higher productivity and resource and energy conservation.」
The Group continues to pursue measures to enhance competitiveness through the selection and concentration of business fields, restructuring of its production system and capital investment. - FY2019-Q2RestatedAnnual report
「The Group has worked diligently to expand its business scale and improve profitability by strengthening sales capabilities through packaging innovation and pursuing proactive capital investment and M&A.」
The Group continues to pursue measures to expand its business scale and improve profitability through stronger sales capabilities, capital investment and M&A. - FY2019-Q1RestatedAnnual report
「In the corrugated packaging, paperboard packaging and flexible packaging businesses, the Group is strengthening coordination among these businesses with the aim of increasing orders through integrated sales promotion for packaging ranging from individual packaging to inner and outer packaging. In addition, to strengthen sales capabilities across the Group and restructure its production system, it is strengthening coordination with Group companies, centered on each regional business division, to accurately identify and promptly address the needs of each region. Furthermore, in addition to efficient factory operations, the Group is enhancing its sales support structure through planning and design, thereby further improving quality and service and enhancing competitiveness by pursuing higher-value-added packaging.」
The Group continues to pursue measures to increase orders and enhance competitiveness through coordination among businesses and Group companies, stronger sales capabilities, restructuring of the production system and expansion of the sales support structure. - FY2018RestatedAnnual report
「The Group has worked diligently to expand its business scale and improve profitability by strengthening sales capabilities through packaging innovation, responding rapidly to changes in the business environment, and pursuing proactive capital investment and M&A.」
The Group continues to pursue measures to enhance its business scale and profitability through stronger sales capabilities, responses to changes in the business environment, capital investment and M&A. - FY2018-Q3RestatedAnnual report
「In the corrugated packaging, paperboard packaging and flexible packaging businesses, the Group is strengthening coordination among these businesses with the aim of increasing orders through integrated sales promotion for packaging ranging from individual packaging to inner and outer packaging. In addition, to strengthen sales capabilities across the Group and restructure its production system, it is strengthening coordination with Group companies, centered on each regional business division, to accurately identify and promptly address the needs of each region. Furthermore, in addition to efficient factory operations, the Group is enhancing its sales support structure through planning and design, thereby further improving quality and service and enhancing competitiveness by pursuing higher-value-added packaging.」
The Group reiterates measures to increase orders and enhance competitiveness through coordination among businesses and Group companies, stronger sales capabilities, restructuring of the production system and expansion of the sales support structure. - FY2018-Q2RestatedAnnual report
「The Group has worked diligently to expand its business scale and improve profitability by strengthening sales capabilities through packaging innovation, proactive capital investment and M&A, and responding rapidly to changes in the business environment.」
The Group continues to pursue growth and profitability improvement measures combining stronger sales capabilities, capital investment, M&A and rapid responses to changes in the business environment. - FY2018-Q1RestatedAnnual report
「In the corrugated packaging, paperboard packaging and flexible packaging businesses, the Group is strengthening coordination among these businesses with the aim of increasing orders through integrated sales promotion for packaging ranging from individual packaging to inner and outer packaging. In addition, to strengthen sales capabilities across the Group and restructure its production system, it is strengthening coordination with Group companies, centered on each regional business division, to accurately identify and promptly address the needs of each region. Furthermore, in addition to efficient factory operations, the Group is enhancing its sales support structure through planning and design, thereby further improving quality and service and enhancing competitiveness by pursuing higher-value-added packaging.」
The Group continues to pursue measures to increase orders and enhance competitiveness through coordination among packaging businesses and Group companies, an enhanced sales support structure and the restructuring of its production system. - FY2017RestatedAnnual report
「The Group has worked diligently to expand its business scale and improve profitability by strengthening sales capabilities through packaging innovation, proactive capital investment, M&A and business reorganization.」
The Group continues to pursue growth and profitability improvement measures combining stronger sales capabilities, capital investment, M&A and business reorganization. - FY2017-Q3RestatedAnnual report
「In the corrugated packaging, paperboard packaging and flexible packaging businesses, the Group is strengthening coordination among these businesses with the aim of increasing orders through integrated sales promotion for packaging ranging from individual packaging to inner and outer packaging. In addition, to strengthen sales capabilities across the Group and restructure its production system, it is strengthening coordination with Group companies, centered on each regional business division, to accurately identify and promptly address the needs of each region.」
The Group continues to pursue measures to increase orders by strengthening coordination among packaging businesses and Group companies, strengthening sales capabilities and restructuring its production system. - FY2017-Q2RestatedAnnual report
「The Group has worked diligently to expand its business scale and improve profitability through measures including strengthening sales capabilities through packaging innovation, proactive capital investment, M&A and business reorganization.」
The Group continues to pursue growth and profitability improvement measures combining stronger sales capabilities, capital investment, M&A and business reorganization. - FY2017-Q1RestatedAnnual report
「In the corrugated packaging, paperboard packaging and flexible packaging businesses, the Group is strengthening coordination among these businesses with the aim of increasing orders through integrated sales promotion for packaging ranging from individual packaging to inner and outer packaging. In addition, to strengthen sales capabilities across the Group and restructure its production system, it is strengthening coordination with Group companies, centered on each regional business division, to accurately identify and promptly address the needs of each region.」
The Group continues to pursue measures to increase orders through coordination among businesses and Group companies, stronger sales capabilities and the restructuring of its production system. - FY2016First statedAnnual report
「To further develop its hexagon management model, the Group has worked diligently to improve profitability and expand business scale through packaging innovation, proactive capital investment, M&A, business reorganization and stronger sales capabilities.」
The Group combines investment, acquisitions, reorganization and stronger sales capabilities as measures to drive growth and improve profitability.