Sun A.Kaken Company,Limited
4234・Standard Market・Chemicals
Light Packaging Materials
The largest segment (40.6% of sales composition), manufacturing packaging materials for food, pharmaceutical, and daily necessities applications
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (Full year FY2026, ending March 2026) | ¥12,322 million | ¥12,560 million | ↓ |
| Segment profit (Full year FY2026, ending March 2026) | ¥290 million | ¥159 million | ↑ |
| Segment assets (End of FY2026, ending March 2026) | ¥8,048 million | ¥8,663 million | ↓ |
| Depreciation (Full year FY2026, ending March 2026) | ¥312 million | ¥325 million | ↓ |
| Sales composition ratio (Full year FY2026, ending March 2026) | 40.6% | 42.7% | ↓ |
Business Details
A segment that manufactures and sells flexible packaging materials made primarily from paper, plastic film, metal foil, and other materials. Its main products are packaging for food (microwave-compatible "Range Do!" etc.), packaging for pharmaceuticals and medical use (high moisture-barrier PTP packaging film "Techni Film" etc.), and packaging for daily necessities, with nearly all sales directed to domestic users. Leveraging the Group's core technologies—lamination technology, coating technology, and multilayer film extrusion technology—the segment provides composite packaging materials for a wide variety of applications. Affiliated companies participating in this business include Toho Resin Industry Co., Ltd., Nesco Co., Ltd., and Zan Ying (Shanghai) Trading Co., Ltd.
Recent Overview
Sales declined 1.9% year on year, but segment profit rose 82% year on year due to profitability-focused restructuring of order composition
Sales for FY2026 (ending March 2026) were ¥12,322 million (down 1.9% year on year). For food packaging materials, orders for "Range Do!" decreased due to consumer purchase restraint following price increases by food manufacturers, and orders for daily necessities packaging materials also decreased due to order adjustments for low-margin products and changes in packaging form. On the other hand, orders for pharmaceutical and medical packaging materials, including "Techni Film," remained steady. Order adjustments for low-margin products and appropriate pricing of products were successful, resulting in a significant improvement in segment profit to ¥290 million (up 82% year on year).
Key Products
Growth Drivers
- Increasing demand for pharmaceutical and medical packaging materials (structural demand driven by an aging population and increasing numbers of patients with chronic diseases)
- Lineup expansion of the microwave-compatible food packaging material "Range Do!" and sales expansion into the retort food category and adjacent fields
- Improved profitability through a profitability-focused revision of product mix and appropriate pricing of products (shift toward higher value-added products)
- Acquisition of new demand through development and sales expansion of sustainable packaging materials, including mono-material, paper-based, and biodegradable plastic packaging
- Development and sales expansion of new products leveraging technological capabilities in cosmetics, daily necessities, and medical and pharmaceutical packaging
Risks
- Decrease in orders for food packaging materials (particularly "Range Do!") due to strengthened consumer cost-saving sentiment amid rising food prices
- Market contraction due to the declining birthrate and population decrease in the domestic market, and intensifying competition with rival manufacturers
- Increased costs due to rising prices of raw materials (paper, plastic film, metal foil, etc.)
- Increased costs to comply with stricter plastic regulations and decarbonization requirements
- Short-term sales decrease due to order adjustments for low-margin products and changes in packaging form for daily necessities packaging materials
Last updated: June 25, 2026