NISSEI ASB MACHINE CO., LTD.

Business Details

The Americas segment sells Stretch Blow Molding Machines, Dedicated Molds, Auxiliary Equipment, and parts/services to the North and Central/South American markets through consolidated subsidiaries such as NISSEI ASB CO. (USA) and NISSEI ASB CENTRO AMERICA, S.A. DE C.V. (Mexico). The North American market is the primary driver, with business centered on demand for non-beverage containers such as food, daily necessities, and cosmetics, underpinned by strong purchasing power. In the first half of FY2026 (ending March 2026), net sales reached ¥8,133 million and orders reached ¥10,606 million, both record highs for a first half.

Recent Overview

Orders and net sales hit record highs for a first half, but segment profit fell to 72.5% of the prior-year level due to tariff cost burden

In H1 FY2026 (ending March 2026) (October 2025 to March 2026), the North American market saw both orders and sales increase, driven by strong purchasing power and progress in passing on a portion of tariff costs to selling prices. The Central/South American market also performed steadily, having shaken off temporary uncertainty caused by political instability. Orders received of ¥10,606 million (148.0% year-on-year) and net sales of ¥8,133 million (116.9% year-on-year) both marked record highs for a first half. On the other hand, segment profit fell significantly to ¥964 million (72.5% year-on-year) due to the company absorbing a portion of tariff costs and increased exhibition-related expenses. The order backlog has built up to ¥8,126 million (145.8% versus the end of the same period last year), and is expected to contribute to sales in the second half and beyond.

Key Products

Growth Drivers

• Substantial demand growth (increase in unit sales) driven by strong purchasing power in the North American market
• Sales-boosting effect from passing on a portion of US tariff costs to selling prices
• Resilient demand for diverse and complex-shaped non-beverage containers such as food, daily necessities, and cosmetics
• Proactive sales activities converting inquiries from major exhibitions such as K2025 into contracts
• Demand recovery and steady performance in the Central/South American market as political instability concerns ease
• Competitive advantage as a solution to rising raw material prices, based on the "4S Concept" and "Zero Cooling System"

Risks

• Risk of reduced capital investment appetite due to uncertainty over US trade and tariff policy
• Continued pressure on segment profit from the company absorbing a portion of tariff costs
• Risk of renewed wait-and-see stance in the Central/South American market due to geopolitical risk and changes in the trade environment
• Impact of foreign exchange fluctuations (yen appreciation) on the yen-converted amount of local-currency-denominated sales
• Cost burden from increases in one-time expenses such as exhibition costs