Oishi Sangyo

Basic Information

Stock Code
3943
Industry
Pulp and Paper
Category Detail
Paper & Paper Products
Prefecture
Fukuoka Prefecture
Establishment Year
February 1947
Listing Year
May 1980
Official Website
http://www.osk.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Taiyo Package, Heian Ray, Chuetsu Pulp Industry, Super Bag, Asahi Printing, Fujimac, Nanyo

Overview

Oishi Sangyo is a packaging materials manufacturer in the pulp and paper industry, established in 1947. Centered on its mainstay pulp molded products, it provides sustainable packaging solutions as one of Japan's leading packaging materials manufacturers.

Current Situation

Oishi Sangyo recorded consolidated sales of approximately 18.6 billion yen in the fiscal year ended March 2021, focusing on the manufacturing and sales of pulp molded products with its headquarters in Fukuoka Prefecture. Its core pulp molded business offers environmentally friendly paper packaging materials with strong market competitiveness, and there is stable demand in fields such as industrial cushioning materials and paper bags. The company has obtained ISO9001 certification and thoroughly manages quality, while operating multiple factories domestically and internationally to strengthen its supply system. In recent years, it has expanded film-based packaging materials and cardboard products to respond to the diversification of packaging materials, pursuing business stability through diversification. As part of its response to environmental issues, it is working on sustainable material development and recycling promotion, advancing sustainability management. In 2022, it transitioned to the Tokyo Stock Exchange Standard Market, aiming to enhance fundraising capabilities and corporate value. It is also actively deepening collaboration with local clients and major shareholders, contributing to the regional economy.

Trivia

Interesting Facts

  • Predecessor of Oishi Sangyo was Oishi Shoten, founded in 1925.
  • Occupies a major position among domestic pulp molded manufacturers.
  • Excels in quality management with ISO9001 certification.
  • Owns multiple major factories in Kitakyushu City and Ibaraki Prefecture.
  • Focuses on promoting recycling through raw paper recovery business.
  • Has subsidiaries handling packaging design and other services.
  • President Tanaka Hideo is a well-known business figure in the industry.
  • Transitioned to Tokyo Stock Exchange Standard Market in February 2022.
  • Oji Holdings has significant influence as a major shareholder.
  • Focuses on developing environmentally friendly paper packaging materials.
  • Conducts overseas business in China and Malaysia.
  • Advancing diversification including film products.
  • Recognized as a local company headquartered in Kitakyushu City, Fukuoka Prefecture.
  • Holds multiple patents for pulp molded technology.
  • Products range from food packaging to industrial uses.

Hidden Connections

  • Strong collaboration in raw material procurement possible due to shareholder relationship with Oji Holdings.
  • Superior logistics efficiency due to location in Kitakyushu's industrial cluster.
  • Malaysian subsidiary serves as foothold for Southeast Asian market entry.
  • ISO9001 certification in film business highly evaluated in the industry for quality management.
  • Related company Axis handles OA equipment business, supporting group diversification.
  • Despite paid-in capital of approximately 460 million yen, consolidated total assets are approximately 22.5 billion yen, with stable financial base.
  • Continuously conducts environmental education activities in collaboration with local community, emphasizing corporate social responsibility.
  • Production of industrial heavy packaging bags concentrated at factory in Kanda District, Fukuoka Prefecture, for efficiency.

Future Outlook

Growth Drivers

  • Expansion of demand for environmentally friendly packaging materials
  • Increasing needs for safety and hygiene in food industry
  • Expanding adoption of lightweight, durable packaging in logistics industry
  • Growth in overseas markets, especially Asia
  • Development and dissemination of sustainable technologies
  • Strengthening competitiveness through automation and efficiency in manufacturing processes
  • Development of composite products with diverse materials
  • Response to customer customization needs for packaging
  • Increased demand accompanying stricter environmental regulations
  • Sophistication of sales and production management through DX promotion
  • Promotion of sustainable supply chain construction
  • Utilization of government green strategy support measures

Strategic Goals

  • Convert 50% or more of all products to environmentally friendly products
  • Reduce CO2 emissions by 40% compared to FY2020
  • Achieve overseas sales ratio of 20% or more
  • Realize 30% full automation rate at manufacturing bases
  • Apply sustainable procurement standards to all suppliers
  • Continuous expansion of local community contribution activities
  • Create new business sales exceeding 1 billion yen
  • Operate comprehensive environmental management system
  • Achieve product life extension and recycling rate of 80% or more
  • Promote 100% employee participation in environmental education

Business Segments

Packaging Materials Manufacturing and Sales

Overview
Business segment providing high-quality, environmentally friendly packaging materials to diverse industries.
Competitiveness
Manufacturing technology and wide product lineup that meet diverse packaging needs
Customers
  • Food manufacturers
  • Electronics manufacturers
  • Logistics companies
  • Printing companies
  • Textile manufacturers
  • Chemical manufacturers
  • Logistics providers
  • Retailers
Products
  • Pulp molded products
  • Film packaging materials
  • Paper bags
  • Cardboard
  • Industrial cushioning materials
  • Heavy packaging bags
  • Special molded packaging materials

Overseas Business

Overview
Expanding overseas manufacturing and sales centered on Malaysia and China to strengthen international competitiveness.
Competitiveness
Utilization of local subsidiaries and region-specific business development
Customers
  • Overseas packaging materials sales companies
  • Local manufacturing partners
  • Importers and exporters
Products
  • Pulp molded products
  • Film products

Related Services

Overview
Value-added services business to solve customers' packaging challenges.
Competitiveness
Proposal capabilities and support system leveraging industry expertise
Customers
  • Corporate customers
  • Logistics companies
  • Retail businesses
Products
  • Packaging design services
  • Packing consulting
  • Logistics optimization support

Competitive Advantage

Strengths

  • Regionally rooted stable production system
  • Strength in pulp molded technology
  • Expansion of environmentally friendly products
  • Diverse product lineup
  • Quality management through ISO9001 certification
  • Supply capacity from multiple domestic and international factories
  • Strong support from major shareholders
  • Integrated system from manufacturing to sales
  • High customer response capability
  • Reliability from long-term business continuity
  • Improved employee awareness through employee stock ownership plan
  • Flexible response to custom-made products
  • Acquisition of wide customer base
  • Competitive pricing capability
  • Stable financial foundation

Competitive Advantages

  • Established position in the pulp molded industry
  • Environmentally friendly packaging material production
  • Ability to accurately meet diverse packaging needs
  • Production flexibility from multiple factory operations
  • Strong local industrial base and regional network
  • Utilization of proprietary resource-saving technology
  • Established advanced quality management system
  • Product development tailored to customers
  • Trust relationships based on long track record
  • Product lineup contributing to logistics efficiency
  • Revenue stability through business diversification
  • Improved credibility from Tokyo Stock Exchange Standard Market listing
  • Cost competitiveness from overseas factories
  • Accumulated employee technical skills and know-how
  • Prompt response to environmental regulations

Threats

  • Risk of fluctuations in raw material pulp prices
  • Rising manufacturing costs due to stricter environmental regulations
  • Competition from alternative packaging materials (plastics, etc.)
  • Declining demand due to population decrease in domestic market
  • Impact of exchange rate fluctuations on overseas business revenue
  • Market share loss from competitors' technological innovations
  • Rising logistics costs
  • Export/import delays due to geopolitical risks
  • Damage to production facilities from natural disasters
  • Challenges in securing talent and technology succession
  • Impact of economic fluctuations in customer industries
  • Risks from infectious diseases such as COVID-19

Innovations

2022: Transition to Tokyo Stock Exchange Standard Market

Overview
Aims to improve fundraising capabilities and increase corporate value through market category change.
Impact
Successfully improved credibility and expanded investor base

2021: ISO9001 Certification for Film Packaging Materials

Overview
Strengthens quality management system to improve customer satisfaction.
Impact
Contributed to order expansion and enhanced market trust

2020: Development of New Pulp Molded Material

Overview
Developed new material achieving reduced environmental impact and improved durability.
Impact
Enhanced product competitiveness and increased new orders

2023: Introduction of Manufacturing Equipment Automation System

Overview
Introduced latest equipment to improve production efficiency and stabilize quality.
Impact
20% increase in production capacity, improved yield

2024: Launch of Environmentally Friendly Packaging Design Service

Overview
Provides environmentally considerate packaging design tailored to customer needs.
Impact
Acquired 10 new clients

Sustainability

  • Reducing environmental impact by increasing use of renewable resources
  • Promoting plans to reduce CO2 emissions in manufacturing processes
  • Improving waste recycling rate
  • Continuous improvement of environmental management system
  • Conducting environmental education in collaboration with local communities
  • Expanding lineup of eco-wrapping products
  • Promoting sustainable forest resource utilization
  • Obtaining and maintaining environmental certification (ISO14001)
  • Building environmentally friendly logistics and shipping systems
  • Efforts to reduce environmental impact in supply chain
  • Conducting employee environmental awareness training
  • Improving efficiency through introduction of energy-saving equipment