FUJI SEAL INTERNATIONAL,INC.
7864・Prime Market・Other Products
Japan
Core segment of the domestic packaging business. Both sales and profit declined year on year.
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales | ¥100,635 million | ¥102,545 million | ↓ |
| Operating Profit | ¥9,637 million | ¥9,892 million | ↓ |
| Operating Margin | 9.6% | 9.7% | ↓ |
| Depreciation and Amortization | ¥3,414 million | ¥3,376 million | ↑ |
| Increase in Property, Plant and Equipment and Intangible Assets | ¥8,866 million | ¥2,772 million | ↑ |
| Segment Assets | ¥104,356 million | ¥98,165 million | ↑ |
Business Details
Centered on Fuji Seal, Inc., this segment plans, develops, manufactures, and sells Shrink Label, Tack Label, Soft Pouch, and Packaging Machinery for the domestic market. Subsidiaries such as Fuji Astec Inc. (machine maintenance), Fuji Tac East Co., Ltd. and Fuji Seal West Co., Ltd. (Tack Label and Soft Pouch manufacturing), and Toride Pharma Co., Ltd. (pharmaceutical packaging contract services) each perform specialized functions, with domestic beverage, food, and pharmaceutical manufacturers as the main customers. In FY2026 (ending March 2026), sales were ¥100,635 million and operating profit was ¥9,637 million, down 1.9% and 2.6% year on year, respectively.
Recent Overview
Declines in Tack Label, Soft Pouch, and Others weighed on results, with both sales and profit down year on year.
In the Japan segment for FY2026 (ending March 2026), while Packaging Machinery (up 8.6% year on year) performed well, Tack Label (down 11.9%), Soft Pouch (down 4.2%), and Others (down 3.4%) declined, resulting in total sales of ¥100,635 million (down 1.9% year on year) and operating profit of ¥9,637 million (down 2.6% year on year). In addition, an impairment loss of ¥417 million (recorded as reorganization expenses) associated with the reorganization of Fuji Tac East Co., Ltd. and manufacturing transfer costs of ¥132 million, among others, were recorded as extraordinary losses. Capital expenditure increased significantly, with the increase in property, plant and equipment and intangible assets reaching ¥8,866 million (a substantial increase from ¥2,772 million in the prior period).
Key Products
Growth Drivers
- Continued stable demand for Shrink Label (for the domestic beverage and food markets)
- Increased sales of Packaging Machinery (up 8.6% year on year in FY2026, ending March 2026)
- Steady strengthening of the existing four businesses and improvement in production efficiency under the FSG.30 strategy
- Accelerating shift toward environmentally friendly products
- Medium- to long-term improvement in cost structure through manufacturing site reorganization (Fuji Tac East Co., Ltd., etc.)
- Expected recovery in FY2027 (ending March 2027), with projected sales of ¥102,800 million (up 2.2% year on year) and operating profit of ¥10,200 million (up 5.8% year on year)
Risks
- Continued decline in Tack Label sales (down 11.9% year on year in FY2026, ending March 2026)
- Risk of demand fluctuation in Soft Pouch (down 4.2% year on year in FY2026, ending March 2026)
- Declining sales trend in the "Others" category (down 3.4% year on year in FY2026, ending March 2026)
- Risk of additional reorganization expenses and impairment losses arising from the restructuring of manufacturing sites in the Japan segment
- Risk of fluctuations in raw material costs (profit pressure from rising raw material procurement costs)
- Impact on packaging demand from uncertainty in the domestic economy and changes in consumption trends
- Risk of future profit pressure from increased depreciation associated with the substantial increase in capital expenditure (¥8,866 million)
Last updated: July 8, 2026