The Pack

Basic Information

Stock Code
3950
Industry
Pulp and Paper
Category Detail
Paper & Paper Products
Prefecture
Osaka Prefecture
Establishment Year
May 1952
Listing Year
September 1991
Official Website
https://www.thepack.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Takachiho Trading, Oviru, Tokushu Tokai Paper, Oji Holdings, Okayama Paper, Rengo, Furubayashi Paper, Super Bag, Tomoku, DynaPack, Asahi Printing, Omura Paper, Daito Chemix, Hamai, Hatsuhoshi Shoji, Otake

Overview

The Pack is a major packaging materials manufacturer established in 1952, boasting the top domestic market share in the commercial packaging materials market, centered on paper bags.

Current Situation

The Pack achieved consolidated sales of approximately 93.1 billion yen in 2023, with paper bags, cardboard, and chemical products as its main pillars of growth. It maintains the top share in the domestic paper bag market and provides a diverse range of packaging materials. The core paper processed products business accounts for 60% of sales, chemical products for about 20%, and other businesses for 20%. Centered on its head offices in Tokyo and Osaka, it has established a stable production and supply system with sales bases and multiple factories nationwide. In recent years, it has actively pursued the development of biodegradable materials, energy-saving measures in manufacturing processes, and recycling initiatives. Through collaborations with major trading companies such as Sojitz Group, it is expanding sales channels and developing new markets. Looking ahead, it aims to enhance added value through the introduction of digital printing technology and strengthened smart packaging solutions. Amid growing emphasis on sustainability in the packaging materials market, it is advancing strategies to respond to environmental regulations and rising consumer awareness while maintaining a stable revenue base.

Trivia

Interesting Facts

  • Long-established packaging-related company founded in 1878.
  • Consistently top-class domestic market share in paper bags.
  • Holds long-standing strong business relationship with Sojitz Group.
  • Rare structure with two head offices in Tokyo and Osaka.
  • Operates a packaging materials museum as a unique industry information source.
  • Active in technological innovations for environmental technologies in the paper industry.
  • Provides high-design packaging materials with diverse printing technologies.
  • Stable management with two pillars: paper processed products and chemical products businesses.
  • Established extensive sales network with branches and factories nationwide.
  • Original company name at founding was Japan Case Co., Ltd.

Hidden Connections

  • Relationship with Sojitz leverages trading company distribution for sales expansion.
  • Member of Sanwa Group and Midori-kai, with strong trust relationships.
  • Packaging printing technology contributes to promotions across multiple industries.
  • Collaborations with environmental groups and local governments for regional contribution activities.
  • Numerous pioneering records in introducing energy-saving technologies in the industry.
  • Possesses customer base cultivated over more than half a century since founding.

Future Outlook

Growth Drivers

  • Increasing demand for eco-friendly packaging materials.
  • Diversification of packaging material demand accompanying e-commerce market expansion.
  • Strengthened recycling policies by local governments.
  • Development of high-function packaging materials through technological innovation.
  • Social trend toward sustainable consumption.
  • Market penetration of digital printing technology.
  • Application of new materials and product differentiation.
  • Increasing demand for special packaging materials due to logistics efficiency.

Strategic Goals

  • Expand biodegradable packaging materials ratio to 50% of total products.
  • Reduce CO2 emissions in manufacturing processes by 30%.
  • Increase digital printing sales ratio to over 40%.
  • Create 10 billion yen in sales from new businesses.
  • Achieve reduction in environmental impact across the entire supply chain.
  • Expand customer touchpoints through strengthened nationwide sales and production network.
  • Establish and deploy next-generation packaging solutions.

Business Segments

Commercial Packaging Materials Manufacturing

Overview
Supplies high-quality packaging materials to domestic and international retailers, supporting product value enhancement.
Competitiveness
Diverse printing technologies and eco-friendly materials provision
Customers
  • Retailers
  • Department stores
  • Convenience stores
  • Food manufacturers
  • Cosmetics manufacturers
  • Household goods manufacturers
  • E-commerce operators
  • Logistics companies
  • Manufacturers
  • Printing companies
Products
  • Paper bags
  • Cardboard
  • Poly bags
  • Packaging paper
  • Multi-color printed packaging materials
  • Eco-friendly packaging materials

Sanitary Products Packaging

Overview
Provides packaging materials emphasizing safety and hygiene for sanitary-related products.
Competitiveness
High-performance packaging technology compliant with sanitary standards
Customers
  • Sanitary products manufacturers
  • Medical institutions
  • Nursing facilities
  • Distributors
Products
  • Diaper packaging film
  • Napkin packaging materials
  • Pharmaceutical packaging
  • Sanitary packaging bags

Industrial Materials Supply

Overview
Develops and delivers customized packaging materials for industrial use.
Competitiveness
Technical responsiveness to customer requirements
Customers
  • Manufacturing industry
  • Logistics companies
  • Food processing industry
  • Chemical industry
Products
  • Heavy-duty packaging bags
  • Special films
  • Packaging trays

Competitive Advantage

Strengths

  • Top domestic paper bag market share
  • Diverse product lineup
  • Promotion of eco-friendly technologies
  • Strong business relationships with major firms including Sojitz
  • Nationwide deployment of sales and production bases
  • High printing technology capabilities
  • Stable financial base
  • Long history and reliability

Competitive Advantages

  • Leading position in eco-friendly package development
  • Product design capabilities accommodating wide industries
  • Sales channel expansion through Sojitz Group collaboration
  • Enhanced customer satisfaction via high value-added printing services
  • Strong nationwide sales base and customer network
  • Efficiency from vertical integration of manufacturing to sales
  • One-stop provision of diverse packaging materials
  • Prompt response to environmental regulations
  • Technology innovation leader in the industry

Threats

  • Risk of rising raw material prices
  • Cost increases from strengthened environmental regulations
  • Market entry of low-price products from overseas
  • Changes in packaging demand due to digitalization
  • Rising logistics costs
  • Production base risks from natural disasters
  • Shifts in consumer eco-preferences
  • Price pressure from intensified competition
  • Declining productivity due to labor shortages

Innovations

2024: Commercialization of Biodegradable Materials

Overview
Developed new biodegradable film products to reduce environmental impact.
Impact
Contributes to acquiring environmentally conscious customer segments.

2023: Expansion of Digital Printing Introduction

Overview
Strengthened digital printing technology compatible with paper bags and packaging paper.
Impact
Improved customer satisfaction through short delivery times and multi-variety production.

2022: Introduction of Energy-Saving Equipment in Manufacturing Processes

Overview
Introduced the latest energy-saving equipment in factories to achieve CO2 reduction.
Impact
Contributes to environmental regulation compliance and cost reduction.

2021: Smart Packaging Solution Development

Overview
Developed tracking and management systems for packaging materials using IoT.
Impact
Achieves logistics efficiency and improved traceability.

Sustainability

  • Expansion of biodegradable material products
  • Improvement of energy efficiency in manufacturing processes
  • Development of recyclable packaging materials
  • Implementation of in-house environmental education programs
  • Participation in local cleanup and tree-planting activities
  • Promotion of waste reduction and resource recycling
  • Acquisition of environmental certifications and strengthened compliance
  • Setting and efforts to achieve CO2 emission reduction targets
  • Promotion of green procurement