Improving the profitability of the PVC-related business and expanding non-PVC, high-value-added products
First written in FY2016. 19 of 34 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-07-23.
2 other companies' latest entry also says "Advanced".
- 2026-07-23AdvancedEarnings
「Shipments of these high-value-added proprietary products expanded, causing results to exceed the previous year's level.」
The company reports increased shipments of high-value-added proprietary products such as Color Wrap and functional compounds. - FY2026RaisedAnnual report
「In April 2025, we absorbed and merged our subsidiary 株式会社キッチニスタ, integrating the organizational management of the wrapping-film and other packaging-materials business. We will further expand proprietary products such as Color Wrap and further strengthen our leading position in the commercial small-roll wrap market.」
Following the absorption merger of キッチニスタ, the company set out to expand proprietary products such as Color Wrap and strengthen its leading position in commercial small-roll wrap. - 2026-04-27AdvancedEarnings
「Adoption of Color Wrap, a proprietary, high-value-added product for the food-service industry, expanded. Functional compounds also exceeded the previous year as demand recovered in the ASEAN market and demand for wire-coating applications, including FA equipment, continued to trend toward recovery.」
The company reports increased adoption of high-value-added products and recovering demand for functional compounds in the ASEAN market and for FA equipment. - FY2026-H1AdvancedAnnual report
「The proportion of Color Wrap, a proprietary high-value-added product among wraps for the food-service industry, increased. Functional compounds also exceeded the previous year as demand recovered in the ASEAN market. As a result, sales were ¥10,874 million, down 2.0% from the previous interim period, and segment profit (operating profit) was ¥781 million, up 29.0%.」
The proportion of high-value-added Color Wrap increased, while functional compounds exceeded the previous year as demand recovered in the ASEAN market. Sales declined, but operating profit increased 29.0%. - FY2025-H1WorsenedAnnual report
「Small-roll wrap for the food-service industry grew and demand for corrugated sheets for construction materials remained firm, but prolonged inventory adjustments for functional compounds in the market and the transfer of businesses including PVC pipes left results below the previous year. As a result, sales were ¥11,098 million, down 13.7% from the previous interim period, and segment profit (operating profit) was ¥605 million, down 11.6%.」
Although small-roll wrap and corrugated sheets remained firm, prolonged inventory adjustments for functional compounds and the transfer of businesses including PVC pipes resulted in lower sales and profit for the Living Environment and Lifestyle Materials business. - FY2024-Q3Sales declined, but operating profit continued to increase; PVC pipe-related operations contracted following the transfer of the businessAnnual report
「Although demand for wrapping film was beginning to recover as foot traffic returned, the market environment for PVC-related products was extremely difficult, leaving overall sales sluggish. Sales of PVC pipe-related products fell substantially following the transfer of the business. Functional materials saw flat sales in automotive electronic component applications, while display applications grew and sales remained firm. As a result, sales were ¥19,171 million, down 4.2% from the same quarter of the previous year, and segment profit (operating profit) was ¥1,180 million, up 30.4%.」
The recovery in wrapping film and display applications was offset by difficult PVC-related markets and a substantial decline in PVC pipe sales following the business transfer, resulting in lower sales. Operating profit, however, increased 30.4%. - FY2024-Q2Sales declined, but operating profit rose sharplyAnnual report
「As a result, sales were ¥12,854 million, down 1.0% from the same quarter of the previous year, and segment profit (operating profit) was ¥684 million, up 54.7%.」
The Living Environment and Lifestyle Materials business saw sales decline 1.0% due to sluggish PVC, exterior-material, and some functional-compound products, despite the recovery in wrapping film and maintained selling prices. Operating profit, however, increased 54.7%. - FY2024-Q1Packaging materials recover, while PVC and exterior materials remain sluggishAnnual report
「Despite a very difficult market environment for PVC-related products, shipments of wrapping film were beginning to recover as foot traffic returned, leaving overall sales at around the previous year's level. As a result, sales were ¥6,567 million, up 1.4% from the same quarter of the previous year, and segment profit (operating profit) was ¥334 million, up 3.6%.」
Wrapping film entered a recovery trend as foot traffic returned, but weak shipments of PVC pipes and lower demand for exterior materials limited the business to 1.4% sales growth and 3.6% operating profit growth. - FY2023AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business implemented selling-price revisions and M&A, resulting in a substantial increase in overall sales compared with the previous year.」
Following selling-price revisions and M&A amid difficult market conditions for PVC-related products, the Living Environment and Lifestyle Materials business reported sales of ¥26,236 million and segment profit of ¥909 million, both above the previous year. - FY2023-Q3AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business implemented selling-price revisions and M&A, resulting in a substantial increase in overall sales. Functional compounds saw significant sales growth as shipments to new overseas customers expanded and robot cable applications for industrial machinery performed strongly. As a result, sales were ¥20,005 million, up 25.5% from the same quarter of the previous year, and segment profit (operating profit) was ¥905 million, up 35.3%.」
Selling-price revisions, M&A, and expanded sales to new overseas customers resulted in a 25.5% increase in sales and a 35.3% increase in segment profit for the Living Environment and Lifestyle Materials business. - FY2023-Q2AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business implemented selling-price revisions and M&A, resulting in a substantial increase in overall sales. Packaging-material-related products, including wrapping film, saw a substantial increase in sales due to the consolidation of 株式会社キッチニスタ. Shipments of PVC pipe-related products were sluggish, but selling-price revisions increased sales. Functional compounds saw significant sales growth as shipments to new overseas customers expanded and robot cable applications for industrial machinery performed strongly. Exterior-material-related products remained at around the previous year's level overall as demand struggled to grow but selling-price revisions progressed. Conductive polymers saw steady sales growth as orders for automotive electronic component applications increased despite sluggish display applications. As a result, sales were ¥12,981 million, up 34.1% from the same quarter of the previous year, and segment profit (operating profit) was ¥442 million, up 21.8%.」
Selling-price revisions, the consolidation of キッチニスタ, and expanded sales to new overseas customers resulted in a 34.1% increase in sales and a 21.8% increase in operating profit for the Living Environment and Lifestyle Materials business. - FY2023-Q1AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business implemented selling-price revisions and M&A, resulting in a substantial increase in overall sales. Packaging-material-related products, including wrapping film, saw a substantial increase in sales due to the consolidation of 株式会社キッチニスタ. Sales of PVC pipe-related products exceeded the previous year due to selling-price revisions reflecting higher PVC prices. Functional compounds saw strong sales growth as demand for automotive applications slowed, but demand for robot cable applications remained strong and sales to new customers expanded. Conductive polymers saw sales growth as orders increased for display applications and automotive electronic components. As a result, sales were ¥6,478 million, up 34.3% from the same quarter of the previous year, and segment profit (operating profit) was ¥322 million, up 39.4%.」
Selling-price revisions, the consolidation of キッチニスタ, and expanded sales to new customers resulted in a 34.3% increase in sales and a 39.4% increase in segment profit for the Living Environment and Lifestyle Materials business. - FY2022AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business implemented price revisions and M&A, and overall sales significantly exceeded the previous fiscal year as demand recovered for automotive-related material products. As a result, sales were ¥21,406 million, up 20.7% from the previous fiscal year, and segment profit (operating profit) was ¥485 million, down 9.9%.」
The business implemented price revisions and M&A, resulting in a 20.7% increase in sales for the business including food-packaging materials, automotive-related materials, and high-value-added products. Segment profit, however, declined 9.9%, with higher sales accompanied by lower profitability. - FY2022-Q3AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business pursued price revisions, production efficiency improvements, M&A, and expanded sales of products from new businesses. With demand recovering for food-packaging materials and automotive-related material products, overall sales significantly exceeded the previous year. Packaging-material-related products, including wrapping film, saw a substantial increase in sales due to the consolidation of 株式会社キッチニスタ, in addition to steady shipments to supermarkets. Functional compounds saw significant sales growth as demand recovered for robot cable and automotive applications and sales to new customers expanded. Conductive polymers also saw significant sales growth as orders increased for display applications and automotive electronic components. As a result, sales were ¥15,943 million, up 21.2% from the same quarter of the previous year, and segment profit (operating profit) was ¥669 million, up 82.5%.」
The business pursued price revisions, production efficiency improvements, M&A, expanded sales of products from new businesses, and development of new customers, resulting in a 21.2% increase in sales and an 82.5% increase in operating profit for the Living Environment and Lifestyle Materials business. The consolidation of キッチニスタ and expansion of functional compounds and conductive polymers were also reported. - FY2022-Q2AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business pursued price revisions, production efficiency improvements, and expanded sales of products from new businesses. With demand recovering for food-packaging materials and automotive-related material products, overall sales exceeded the previous year. Functional compounds saw significant sales growth as demand recovered for robot cable and automotive applications and sales to new customers expanded. Conductive polymers also saw significant sales growth as orders increased for display applications and automotive electronic components. As a result, sales were ¥9,683 million, up 14.7% from the same quarter of the previous year, and segment profit (operating profit) was ¥363 million, up 306.0%.」
The business pursued price revisions, production efficiency improvements, expanded sales of products from new businesses, and development of new customers, resulting in a 14.7% increase in sales and a 306.0% increase in operating profit for the Living Environment and Lifestyle Materials business. - FY2022-Q1AdvancedAnnual report
「By acquiring shares in a newly established company that will succeed to the target business, we believe we can secure a high share of Japan's market for small rolls of PVC wrap and strengthen our competitiveness within the industry. We also determined that synergies, including lower production costs through the optimization and greater efficiency of production in our food-packaging wrapping-film business and the target business, would contribute to enhancing the corporate value of our group.」
The acquisition of the food-packaging wrapping-film business set out specific plans to secure a high share of Japan's small-roll PVC wrap market, optimize and improve production efficiency, and reduce production costs. - FY2021-Q3AdvancedAnnual report
「Despite working on price revisions and production efficiency and expanding sales of products from new businesses in a very difficult market environment for PVC-related products, demand weakness affected food-packaging materials, construction materials, and automotive-related material products, leaving overall sales below the previous year. As a result, sales were ¥13,156 million, down 10.1% from the same quarter of the previous year, and segment profit (operating profit) was ¥366 million, down 18.7%.」
Although sales and profit continued to decline after the business pursued price revisions, production efficiency improvements, and expanded sales of products from new businesses, the declines narrowed from the cumulative second-quarter figures of a 12.6% decrease in sales and a 75.4% decrease in operating profit. - FY2021-Q2Sales and profit continued to decline, but the rates of decline narrowed slightlyAnnual report
「Despite working on price revisions and production efficiency and expanding sales of products from new businesses in a very difficult market environment for PVC-related products, demand weakness affected food-packaging materials, construction materials, and automotive-related material products, leaving overall sales below the previous year.」
Despite continuing to pursue price revisions, production efficiency improvements, and expanded sales of products from new businesses, weak demand resulted in sales of ¥8,445 million, down 12.6% year on year, and segment profit of ¥89 million, down 75.4%. The declines in sales and profit narrowed slightly from the previous quarter, but weak earnings continued. - FY2021-Q1WorsenedAnnual report
「Despite working on price revisions and production efficiency and expanding sales of products from new businesses in a very difficult market environment for PVC-related products, demand weakness affected food-packaging materials, construction materials, and automotive-related material products, leaving overall sales below the previous year. As a result, sales were ¥4,126 million, down 13.4% from the same quarter of the previous year, and segment profit (operating profit) was ¥32 million, down 79.8%.」
Despite pursuing price revisions, production efficiency improvements, and expanded sales of products from new businesses, weak demand left the Living Environment and Lifestyle Materials business down 13.4% in sales and 79.8% in operating profit. - FY2020RestatedAnnual report
「In the Living Environment and Lifestyle Materials business, we aim to put the business on a growth trajectory by reducing costs for PVC-related products and expanding and increasing sales of products from new businesses. In particular, we will promote sales of high-value-added products, including functional compounds, conductive polymers, and thin-film engineering-plastic films, to expand earnings.」
The policy of expanding earnings through cost reductions for PVC-related products, expansion and increased sales of products from new businesses, and sales of high-value-added products remains in place. - FY2020-Q3Shifted to lower sales and lower earningsAnnual report
「Despite a very difficult market environment for PVC-related products, the business worked on price revisions and production efficiency while expanding sales of products from new businesses, but overall sales struggled to grow. As a result, sales were ¥14,637 million, down 5.0% from the same quarter of the previous year, and segment profit (operating profit) was ¥450 million, down 15.7%.」
Despite pursuing price revisions, production efficiency improvements, and expanded sales of products from new businesses, the business turned from higher profit in the previous quarter to declines in both sales and profit, with sales down 5.0% and segment profit down 15.7%. - FY2020-Q2AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business worked on price revisions and production efficiency while expanding sales of products from new businesses, leaving overall sales broadly flat. Exterior-material-related products saw sales growth due to special demand from disaster recovery, expanded sales to new business partners, price revisions, and product-lineup expansion. As a result, sales were ¥9,665 million, down 1.3% from the same quarter of the previous year, and segment profit (operating profit) was ¥363 million, up 92.0%.」
The business pursued price revisions, production efficiency improvements, expanded sales of products from new businesses, development of new business partners, and product-lineup expansion, narrowing the year-on-year sales decline from 3.8% in the previous quarter to 1.3%, while segment profit increased 92.0%. - FY2020-Q1Profit growth continued, but sales turned lowerAnnual report
「Despite a very difficult market environment for PVC-related products, the business pursued price revisions and expanded sales of products from new businesses, but overall sales struggled to grow. As a result, sales were ¥4,767 million, down 3.8% from the same quarter of the previous year, and segment profit (operating profit) was ¥161 million, up 78.3%.」
The business pursued price revisions and expanded sales of products from new businesses, but sales declined 3.8%. Segment profit, however, increased 78.3%. - FY2019-Q3AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business worked on price revisions and production efficiency while aggressively expanding sales of products from new businesses, resulting in higher overall sales and a significant increase in profit. Exterior-material-related products saw sales growth through expanded sales to new business partners, price revisions, and product-lineup expansion despite a sluggish market and special demand. Conductive polymers, a new-business product, grew significantly in applications for antistatic agents and electronic components. As a result, sales were ¥15,402 million, up 9.4% from the same quarter of the previous year, and segment profit (operating profit) was ¥534 million, up 115.5%.」
The business pursued price revisions, production efficiency improvements, expanded sales of products from new businesses, development of new business partners, and product-lineup expansion, resulting in a 9.4% increase in sales and a 115.5% increase in segment profit for the Living Environment and Lifestyle Materials business. Conductive polymers also grew significantly in applications for antistatic agents and electronic components. - FY2019-Q2AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business worked on price revisions and production efficiency while aggressively expanding sales of products from new businesses, resulting in higher overall sales and profit. Sales were ¥9,790 million, up 7.6% from the same quarter of the previous year, and segment profit (operating profit) was ¥189 million, up 134.4%.」
The business pursued price revisions, production efficiency improvements, and expanded sales of products from new businesses, resulting in a 7.6% increase in sales and a 134.4% increase in segment profit for the Living Environment and Lifestyle Materials business. - FY2019-Q1AdvancedAnnual report
「Despite a very difficult market environment for PVC-related products, the business worked on price revisions and production efficiency while expanding sales of products from new businesses, resulting in higher overall sales and profit. Sales were ¥4,954 million, up 12.9% from the same quarter of the previous year, and segment profit (operating profit) was ¥90 million, up 146.7%.」
Amid a difficult market environment, the business pursued price revisions, production efficiency improvements, and expanded sales of products from new businesses, resulting in a 12.9% increase in sales and a 146.7% increase in segment profit for the Living Environment and Lifestyle Materials business. - FY2018-Q3AdvancedAnnual report
「Despite a very difficult market environment for major products, the business worked on price revisions and efficiency improvements while expanding sales of products from new businesses, resulting in higher overall sales and a significant increase in profit.」
The business pursued price revisions, efficiency improvements, expanded sales of products from new businesses, development of new business partners, and product-lineup expansion, resulting in an 8.2% year-on-year increase in sales and a 71.7% increase in segment profit for the Living Environment and Lifestyle Materials business. - FY2018-Q2AdvancedAnnual report
「Despite a very difficult external environment, the business worked on price revisions and expanding sales of new products, resulting in higher overall sales and profit. PVC pipe-related products exceeded the previous year's sales by securing order volumes despite intense competition. Functional compounds saw significant sales growth as automobile and FA robot cable products performed strongly. Exterior-material-related products remained at around the previous year's level as efforts to develop new customers and expand the product lineup bore fruit despite sluggish demand. As a result, sales were ¥9,094 million, up 7.5% year on year, and segment profit (operating profit) was ¥80 million, up 358.8% year on year.」
The business pursued price revisions, expanded sales of new products, secured order volumes, developed new business partners, and expanded its product lineup, resulting in a 7.5% increase in sales and a 358.8% increase in segment profit. - FY2018-Q1WorsenedAnnual report
「Despite weak market demand, the business worked to expand sales of new products, and overall sales exceeded the previous year. Functional compounds saw strong shipments for automobiles and robot cables, driving sales growth. As a result, sales were ¥4,387 million, up 5.8% year on year, and segment profit (operating profit) was ¥36 million, down 32.5% year on year.」
Sales increased 5.8% year on year on expanded sales of new products and strong functional compounds, but segment profit declined 32.5%, and headwinds to earnings improvement continue. - FY2017Full-year profit improvement reversedAnnual report
「Although the business worked to restructure unprofitable operations, overall sales fell below the previous fiscal year due to weak demand and price competition in the domestic market for PVC-related products, and profit improvement did not progress. As a result, sales were ¥17,269 million, down 5.1% from the previous fiscal year, and the segment loss (operating loss) was ¥116 million, compared with a segment loss (operating loss) of ¥39 million in the previous fiscal year.」
Although the business worked to restructure unprofitable operations, the full-year operating loss widened from ¥39 million to ¥116 million due to weak demand and price competition. - FY2017-Q3RestatedAnnual report
「Although overall sales in this business declined due to weak demand and price competition in the domestic market for PVC-related products, profit improved. As a result, sales were ¥13,013 million, down 6.6% year on year, and segment profit (operating profit) was ¥144 million, compared with a segment loss of ¥201 million in the same period of the previous year.」
While weak demand and price competition for PVC-related products continued, the Living Environment and Lifestyle Materials business improved from an operating loss in the same period of the previous year to operating profit. - FY2017-Q2RestatedAnnual report
「Although overall sales in this business were slightly below the previous year due to weak demand and price competition in the domestic market for PVC-related products, profit improved. As a result, sales were ¥8,461 million, down 5.6% year on year, and segment profit (operating profit) was ¥17 million, compared with a segment loss of ¥321 million in the same period of the previous year.」
While weak demand and price competition continued, the Living Environment and Lifestyle Materials business improved from an operating loss in the same period of the previous year to operating profit of ¥17 million, sustaining the improvement in profit. - FY2017-Q1AdvancedAnnual report
「Although overall sales in this business were slightly below the previous year due to weak demand and price competition in the domestic market for PVC-related products, profit improved. As a result, sales were ¥4,145 million, down 4.0% year on year, and segment profit (operating profit) was ¥54 million, compared with a segment loss of ¥231 million in the same period of the previous year.」
Despite weak demand and price competition, the Living Environment and Lifestyle Materials business improved from an operating loss in the same period of the previous year to operating profit of ¥54 million. - FY2016First statedAnnual report
「In the Living Environment and Lifestyle Materials business, we will work to improve profitability by reducing logistics costs for PVC-related products and expanding and increasing sales of non-PVC products. In particular, we will promote sales of value-added new products, including functional compounds for automobiles and electric wires, conductive polymers with a wide range of potential applications, and thin-film products, while strengthening their production capacity and working to secure earnings.」
Logistics cost reductions, expansion of non-PVC products, increased sales of high-value-added products, and production capacity expansion are being pursued to improve profitability.