PLACO CO.,LTD.
6347・Standard Market・Machinery
Plastic Molding Machine Business
Placo's core business, comprising four divisions: Inflation Molding Machines, Blow Molding Machines, Recycling Equipment, and Maintenance.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Sales | ¥2,179 million | ¥2,128 million | ↑ |
| Segment Profit | ¥143 million | -¥142 million (loss) | ↑ |
| Inflation Film Molding Machine Sales | ¥1,284 million | ¥1,363 million | ↓ |
| Blow Molding Machine Sales | ¥366 million | ¥318 million | ↑ |
| Recycling Equipment Sales | ¥110 million | ¥78 million | ↑ |
| Maintenance Business Sales | ¥418 million | ¥369 million | ↑ |
Business Details
Manufactures and sells Inflation Film Molding Machines, Blow Molding Machines, and Recycling Equipment, and provides equipment maintenance services. Customers are primarily plastic processors, and results are heavily influenced by capital expenditure demand. Full-year sales for FY2026 (ending March 2026) were ¥2,179 million (up 2.4% year on year), and segment profit reached ¥143 million, marking a return to profitability for the first time in three fiscal years. The increase in sales and successful cost reduction efforts contributed to this result.
Recent Overview
Returned to profitability for the first time in three fiscal years. Increased sales and successful cost reductions contributed to segment profit of ¥143 million.
In FY2026 (ending March 2026), the Plastic Molding Machine Business achieved sales of ¥2,179 million (up 2.4% year on year) and segment profit of ¥143 million (compared to a loss of ¥142 million in the prior period), marking a return to profitability for the first time in three fiscal years. In addition to the rebound from the prior period's loss caused by additional costs on a large-scale project, Blow Molding Machines (up 15.1% year on year), Recycling Equipment (up 41.9%), and Maintenance (up 13.4%) all saw increased sales. Inflation Molding Machines declined 5.8% year on year due to sluggish order intake.
Key Products
Growth Drivers
- Expanding demand for fuel tank Blow Molding Machines driven by the automotive industry's shift toward balanced investment between EVs and internal combustion engines
- Cost reductions and new market development for Recycling Equipment through global procurement and manufacturing
- Expansion of stable revenue in the Maintenance Business through enhanced proposals for equipment upgrades and regular repairs to existing customers
- Recovery in orders for Inflation Molding Machines through development of new products addressing labor-saving, workforce-reduction, and high-value-added needs
- Increased inquiries for the Recycling Equipment business amid rising demand for plastic recycling
- Recovery of replacement and new capital investment demand following several years of restrained capital expenditure
Risks
- Risk of declining orders due to reduced capital expenditure appetite among customers (plastic processors)
- Significant rise in plastic raw material prices due to risks related to the situation in Iran and potential closure of the Strait of Hormuz
- Cost pressure from persistently high raw material prices (resin materials, steel) and rising energy prices
- Risk of unexpected earnings deterioration due to cancellation or postponement of large-scale orders (as occurred in the prior period)
- Risk of prolonged sluggish orders for Inflation Molding Machines
- Impact on exports and overseas procurement from geopolitical risks and instability in international conditions
- Structural risk of shrinking demand for fuel tank Blow Molding Machines due to a re-acceleration of the shift to EVs
Last updated: June 24, 2026