Taisei Lamick Group Head Quarter & Innovation Co., Ltd.

Business Details

The company sells liquid-filling laminate film and the DANGAN Series Liquid Filling Machines together, mainly to the food industry, providing total packaging solutions. Its main customers are food factories such as instant noodle and seasoning manufacturers. It holds a high share of the domestic liquid sachet packaging market, and has established sales subsidiaries in the Americas and ASEAN regions overseas. Effective April 1, 2025, the company transitioned to a holding company structure, transferring operations to Taisei Lamick Co., Ltd. (sales and machinery manufacturing) and DANGAN Film Co., Ltd. (film manufacturing). The company operates as a single segment.

Recent Overview

Higher sales and profit, but net profit declined; a large profit decline is forecast for the next fiscal year amid a shift to upfront investment

In FY2026 (ending March 2026), the company achieved higher sales and profit, with net sales of ¥32,484 million (up 5.3% year on year) and operating profit of ¥2,416 million (up 1.8% year on year). The packaging film segment was driven by the effects of domestic price revisions and firm overseas sales in the Americas. Meanwhile, an increase in corporate taxes and other items (from ¥605 million in the prior period to ¥939 million in the current period) held net profit to ¥1,554 million (down 8.1% year on year). The company newly established Taisei Lamick (Thailand) Co., Ltd. and added it to the scope of consolidation. For FY2027 (ending March 2027), the company expects net sales of ¥36,700 million (up 13.0% year on year), while forecasting a significant decline in operating profit to ¥1,300 million (down 46.2% year on year), suggesting a shift toward a phase of upfront investment and rising costs. The dividend decreased to an annual ¥70 (from ¥80 in the prior period) due to the lapse of the prior year's commemorative dividend of ¥10, and is planned to remain at ¥70 in FY2027 (ending March 2027) as well.

Key Products

Growth Drivers

• Sales and profit improvement from the effects of ongoing price revisions in the domestic film segment
• Expansion of overseas film sales, mainly in the Americas region
• Increased domestic sales of the DANGAN Series Liquid Filling Machines and firm progress in after-sales services
• Expansion of the business base in the ASEAN region through the establishment of a local subsidiary in Thailand (Taisei Lamick Thailand)
• Creation of new businesses and customer DX support through the IoT cloud service H.U.G.Home
• Cost absorption through reduced processing costs from productivity improvements and containment of selling, general and administrative expenses

Risks

• Pressure on manufacturing costs from persistently high raw material prices and energy costs
• Decline in profitability due to rising labor and logistics costs
• Impact on overseas operations from US trade policy (tariff risk) and geopolitical risk
• Sharp foreign exchange fluctuations (risk of reduced overseas sales value if the yen appreciates)
• Risk regarding the realization of the significant profit decline (46.2% decrease in operating profit) forecast for FY2027 (ending March 2027)
• Labor shortages and shifting demand trends due to Japan's declining birthrate and aging population
• Declining trend in packaging machinery unit sales in the East Asia and Americas regions