ENVALITH
日本山村硝子株式会社 logo

Nihon Yamamura Glass Co., Ltd.

5210Standard MarketGlass & Ceramics Products

日本山村硝子株式会社 logo
Nihon Yamamura Glass Co., Ltd. 5210

Glass Bottles Business

The core business of the Yamamura Group. Responsible for the domestic manufacturing and sale of glass bottles and bottle-making related equipment.

PeriodCurrentPreviousChange
Segment Net Sales (Full Year)¥45,189 million¥47,279 million
Segment Profit (Full Year)¥2,883 million¥2,249 million
Segment Assets (Fiscal Year-End)¥45,558 million¥45,611 million
Depreciation (Full Year)¥2,863 million¥2,909 million
Capital Expenditures (Increase in Tangible/Intangible Fixed Assets, Full Year)¥3,906 million¥3,186 million

Business Details

The Company and its subsidiaries (Yamamura Seibinsho Co., Ltd., Hoshosha Co., Ltd., Yamamura International (Thailand), etc.) manufacture and sell glass bottles, and also manufacture and sell equipment such as bottle-making machines and conveying equipment. With domestic beverage and food manufacturers as its main customers, this core segment accounts for approximately 62.6% of Group net sales. Declining demand due to the falling birthrate and aging population, as well as the shift to containers made of other materials, is a structural challenge, and the Company aims to establish a resilient profit structure through price revisions, development of high-value-added products, and introduction of labor-saving equipment. Note that from the current consolidated fiscal year, part of the Logistics Business has been reclassified into the Glass Bottles Business.

Recent Overview

Despite a decrease in net sales, profit rose significantly by 28.2% year on year due to price revisions, increased equipment sales, and lower depreciation.

In the Glass Bottles Business for FY2026 (ending March 2026), although there were increases in average selling prices due to price revisions of domestic glass bottles and changes in the product mix, as well as increased sales of bottle-making related equipment, segment net sales decreased to ¥45,189 million (down 4.4% year on year) due to a decline in shipment volume of domestic glass bottles and other factors. On the other hand, segment profit achieved a significant increase to ¥2,883 million (up 28.2% year on year), driven by increased sales of bottle-making related equipment, higher average selling prices of glass bottles, and lower depreciation and other expenses.

Key Products

product
Domestic Glass Bottles

Glass bottle products for domestic beverage, food, and alcoholic beverage manufacturers as main customers. Shipment volume has been on a gradual downward trend due to the falling birthrate, aging population, and the shift to containers made of other materials, but profitability has been maintained through higher average selling prices resulting from price revisions and optimization of the product mix.

product
Bottle-Making Equipment & Machinery

Designs, manufactures, and sells related equipment used in glass bottle manufacturing, such as bottle-making machines and conveying equipment. During the period, increased sales of bottle-making related equipment contributed to the increase in segment profit.

product
Packaging Materials & Machinery Equipment (Overseas)

Provides packaging materials and machinery equipment to overseas markets through overseas affiliated companies such as Yamamura International (Thailand). Increased profit at equity-method affiliates has contributed to consolidated ordinary income.

Growth Drivers

  • Higher average selling prices of glass bottle products due to price revisions
  • Optimization of product mix (shift toward high-value-added products)
  • Increased sales of bottle-making related equipment and machinery
  • Improved profit margin through reduction of fixed costs such as depreciation
  • Measures against labor shortages and cost reduction through introduction of production support systems and labor-saving equipment
  • Expansion of equity-method investment profit due to increased profit at overseas affiliated companies

Risks

  • Structural contraction of domestic glass bottle demand due to the falling birthrate, aging population, and declining population
  • Loss of market share due to shift to containers made of other materials (such as PET)
  • Cost increases due to persistently high fuel and power prices
  • Substantial capital expenditure for furnace renewal and increased depreciation expenses following renewal
  • Profit pressure from rising logistics and labor costs
  • Supply chain disruption and rising raw material and fuel costs due to the situation in the Middle East

Last updated: June 24, 2026