ENVALITH
ホッカンホールディングス株式会社 logo

HOKKAN HOLDINGS LIMITED

5902Prime MarketMetal Products

ホッカンホールディングス株式会社 logo
HOKKAN HOLDINGS LIMITED5902

Containers Business

Domestic core segment manufacturing and selling metal cans and plastic containers

PeriodCurrentPreviousChange
Net Sales¥31,738 million (FY2026, ending March 2026)¥31,359 million (FY2025, ended March 2025)
Operating Income¥1,678 million (FY2026, ending March 2026)¥1,091 million (FY2025, ended March 2025)
Segment Assets¥36,406 million (end of FY2026, ending March 2026)¥35,196 million (end of FY2025, ended March 2025)
Capital Expenditures (increase in tangible and intangible fixed assets)¥2,348 million (FY2026, ending March 2026)¥2,769 million (FY2025, ended March 2025)
Depreciation and Amortization¥983 million (FY2026, ending March 2026)¥738 million (FY2025, ended March 2025)
Impairment Loss¥4 million (FY2026, ending March 2026)¥321 million (FY2025, ended March 2025)

Business Details

Centered on Hokkan Holdings' core company Hokkan Co., Ltd., this segment manufactures and sells various metal cans such as food cans, aerosol cans, and powdered milk cans, as well as plastic containers such as PET bottles for beverages and food and Bag-in-Box. Showa Seiki Co., Ltd. undertakes contract production of food cans and art cans, while Toto Seikei Co., Ltd. manufactures and sells plastic containers for cosmetics, detergents, and pharmaceuticals, and supplies some products to Hokkan. Major customers include ITO EN, Ltd. (24.7% of consolidated group sales).

Recent Overview

Net sales increased 1.2% year on year, and operating income significantly improved, up 53.7% year on year

In the Containers Business for FY2026 (ending March 2026), net sales were ¥31,738 million (up 1.2% year on year) and operating income was ¥1,678 million (up 53.7% year on year). Although aerosol cans, art cans, and beverage PET bottles fell below the previous year, price revision effects and the acquisition of new orders for empty food cans, food PET bottles, Bag-in-Box, and general molded products contributed positively. In addition, the impairment loss recorded in the previous fiscal year (¥321 million) was significantly reduced to ¥4 million in the current fiscal year, which also contributed to the improvement in profit.

Key Products

product
Metal Cans (Aerosol Cans, Food Cans, Powdered Milk Cans, Art Cans)

Aerosol cans are used for insecticides, household air conditioner cleaners, hobby paints, and automotive industrial products; empty food cans are used for marine and agricultural canned goods; empty powdered milk cans address inbound tourism demand; and art cans are used for commercial spices, seaweed, and confectionery. In FY2026 (ending March 2026), price revision effects were successful for some products, while aerosol cans and art cans fell below the previous year.

product
PET Bottles for Beverages and Food

For beverage use, bottles for hot products performed well, but overall sales fell below the previous year due to the impact of in-house production by private brand customers. Preforms exceeded the previous year due to new orders for large PET bottles and an increase in products using mechanically recycled materials. For food use, large-capacity double-layer barrier PET bottles for soy sauce and squeeze bottles for tsuyu (soup base) performed well and exceeded the previous year.

product
Other Plastic Containers and Packaging (Bag-in-Box, General Molded Products)

Bag-in-Box sales for counter coffee remained solid, and combined with price revision effects, exceeded the previous year. General molded products declined for cosmetics applications, but increased sales for agrochemicals and gardening products and healthcare applications, along with the start of new business in the household goods field, resulted in an increase over the previous year.

Growth Drivers

  • Price revision effects: Price revisions for empty food cans, Bag-in-Box, and other products supported sales and profit
  • Strong performance of food PET bottles: Large-capacity double-layer barrier PET bottles for soy sauce and squeeze bottles for tsuyu increased year on year
  • New orders and expanded applications for plastic containers: New business started in agrochemicals and gardening products, healthcare, and household goods fields
  • Steady performance of Bag-in-Box: Stable sales for counter coffee plus price revision effects
  • Expansion in preform volume due to new orders for large PET bottles and increased use of mechanically recycled materials

Risks

  • Prolonged decline in demand for empty food cans (for marine canned goods) due to the long-term decrease in marine resources
  • Decline in aerosol can sales volume due to sluggish markets for insecticide-related products, household paints, and automotive industrial products
  • Decrease in orders for beverage PET bottles and preforms due to consumer spending restraint, expansion of private brands, and in-house production by customers
  • Risk of decreased sales of art cans (seaweed cans, confectionery cans) due to continued weak gift demand
  • Risk of demand fluctuation for empty powdered milk cans due to changes in inbound tourism demand

Last updated: June 25, 2026