Okura Industrial

Basic Information

Stock Code: 4221
Industry: Chemicals
Category Detail: Chemicals & Chemical Products
Prefecture: Kagawa Prefecture
Establishment Year: July 1947
Listing Year: January 1962
Official Website: https://www.okr-ind.co.jp/
TSE Information: TSE Information
Yahoo! Finance: Yahoo! Finance
Other Companies: CAC, Okamoto, Sumida, Hatsuhoshi Shoji, Hagiwara Kogyo, Webloc Holdings

Overview

Okura Industrial is a chemical manufacturer based in Kagawa Prefecture, founded in 1947. It has diversified into synthetic resin films, optical functional materials, building materials, and more, leveraging its strengths in regional closeness and high-value-added products as an established company.

Current Situation

Okura Industrial recorded consolidated net sales of approximately 81.2 billion yen and operating profit of approximately 4.6 billion yen for the fiscal year ending December 2024, maintaining solid performance. In its core synthetic resin business, it focuses on high-value-added markets centered on polyethylene and polypropylene products and optical films. The building materials business also features a diverse product lineup including plywood and particleboard, forming a stable revenue base. As a group, it operates hotel and real estate businesses to promote business diversification. In recent years, it has strengthened investments in new material development and is working on technological innovations in high-function films. For sustainability, it actively engages in reducing environmental impact and regional contribution activities, while pursuing a growth strategy aiming for over 30% of sales from overseas in the medium to long term. With a solid domestic market foundation, it focuses on overseas expansion and new business development for sustainable growth.

Trivia

Interesting Facts

Originally started as a housing business.
Established a hard baseball team in 1962 and participated in urban tournament baseball.
Established company with high technological capability in synthetic resin films.
Diversified into hotel and real estate businesses within the group.
Long-time headquarters in Marugame City, Kagawa Prefecture, contributing to local economy.
Possesses one of Japan's leading technological bases in optical functional films.
Has numerous subsidiaries domestically and internationally for nationwide expansion.
Actively engaged in developing environmentally friendly products.
Listed simultaneously on the First Section of TSE and OSE in 1970.
Continuously reorganizing management through new subsidiary establishments.
Supports diverse applications in packaging and industrial films.
Built stable customer base through regionally integrated management.
High employee unity through employee stock ownership plan.
Differentiated through segmented product lines under multiple brands.
Maintains strict quality control standards for products.

Hidden Connections

Sumitomo Chemical is one of the major shareholders, suggesting high potential for technological collaboration.
Related companies include packaging materials and information system firms, indicating diversified management.
Operates Okura Hotel Takamatsu, indirectly contributing to regional tourism.
Promoted related businesses at the time of Seto Ohashi Bridge opening, contributing to regional infrastructure development.
Continuously improves organizational efficiency through multiple spin-offs and integrations.
New materials business has a global orientation with base in Vietnam for overseas expansion.
Core production of building materials products at factory in Mitoyo City.
Many products relate to electronic materials field, showing multi-field expansion.

Future Outlook

Growth Drivers

Market expansion of high-function optical films
Increasing demand for environmentally friendly materials
Expansion of sales channels in overseas markets, especially Asia
New market creation through new material development
Strengthening revenue base through diversified business expansion
Manufacturing innovation through digital technology utilization
Stable demand for housing-related building materials
Strengthening close ties with local communities
Utilization of synergies between group companies
Enhanced corporate value through sustainability efforts
Expansion and differentiation of product lineup
Improved customer satisfaction through enhanced product quality and reliability

Strategic Goals

Achieve over 30% overseas sales ratio
Over 50% sales ratio of environmentally friendly products
Expand domestic market share in optical films
New materials business sales exceeding 10 billion yen
Reduce CO2 emissions in manufacturing processes by 30%
Efficiency improvement through strengthened group company collaboration
Contribution to sustainable local community building
Promotion of digital transformation
Improving employee work environment and diversity
Improved capital efficiency through shortened investment recovery period

Business Segments

Synthetic Resin Film Manufacturing

Overview

Provides high-function synthetic resin films to various industries, contributing to product value enhancement.

Competitiveness

High-precision film forming technology and multi-variety small-lot対応 capability

Customers

Packaging material manufacturers
Food industry
Pharmaceutical industry
Electronic device manufacturers
Automotive parts manufacturers
Cosmetics manufacturers
Industrial material manufacturers
Advertising agencies
Housing building material suppliers
Trading companies

Products

Polyethylene Film
Polypropylene Film
Optical Functional Film
Heat-Resistant Film
Barrier Film
Antibacterial Film
Electromagnetic Wave Shielding Film
UV Cut Film
Multi-Layer Film
Biodegradable Film

Building Materials Manufacturing and Sales

Overview

Supports interiors and construction of housing and commercial facilities with high-quality wood-based building materials.

Competitiveness

Thorough stable supply and quality control through regional closeness

Customers

Construction companies
Housing manufacturers
Interior contractors
Furniture manufacturers
DIY shops
Real estate companies
Design offices
Carpentry shops
Distributors
Government agencies

Products

Particleboard
Processed Plywood
Decorative Plywood
Wooden Door Material
Flooring
Interior Materials
Plastic Building Components
Pre-Cut Lumber
Insulation Materials
Construction Consumables

New Materials Development

Overview

Provides the foundation for next-generation products through cutting-edge new material development.

Competitiveness

Integration of technological development capabilities and in-house research institutions

Customers

Electronic device manufacturers
Automotive industry
Medical device manufacturers
Research institutions
High-function material manufacturers

Products

Optical Film
Nanocomposite Materials
Biodegradable Plastics
High-Function Coating Materials
Environmentally Friendly Materials

Plastic Packaging Materials Manufacturing

Overview

Supplies a wide variety of packaging materials combining safety and functionality.

Competitiveness

Quality assurance system and economies of scale

Customers

Food processors
Pharmaceutical companies
Cosmetics manufacturers
Logistics companies
Retail companies

Products

Food Packaging Film
Pharmaceutical Packaging Materials
Industrial Packaging Bags
Moisture-Proof Film
Plastic Bags

Environment-Related Products

Overview

Contributes to society with sustainable products compliant with environmental regulations.

Competitiveness

Technological innovation for reducing environmental impact

Customers

Local governments
Environmental groups
Manufacturing industry
Distribution industry
Construction industry
Recycling companies

Products

Recycled Material Film
Biodegradable Materials
Environmentally Friendly Packaging Materials
Energy-Saving Building Materials
Waste Management Materials

Hotel and Real Estate Business Related

Overview

Builds a stable revenue base through regionally integrated diversified management.

Competitiveness

Long-term trust and regional contribution activities

Customers

Lodging guests
Building buyers
Tenant companies
Tourism industry
Local communities

Products

Okura Hotel Operations
Land Development
Building Design, Construction, and Sales
Real Estate Leasing and Management
Pre-Cut Lumber Supply

Competitive Advantage

Strengths

High technological capability in functional film development
Diversified business portfolio
Stable production base through regional closeness
Nationwide expansion via consolidated subsidiaries
Excellent quality control system
R&D in environmentally friendly materials
Continuous equipment investment and technological innovation
Strong customer network
Stable financial base
Long history and reliability
Synergy effects from group management
Advanced optical technology
Quick customer response capability
Risk diversification through product diversification
Abundant patents and proprietary technologies

Competitive Advantages

Advanced technology and patents in optical films
High-value-added product deployment in synthetic resin film manufacturing
Regional dominance and reliability in building materials business
Differentiation strategy through environmentally friendly product development
Diverse product lines and flexible production capabilities
Efficient manufacturing system utilizing subsidiary network
Improved customer satisfaction through advanced quality control
Enhanced overall strength through inter-business synergies
Building long-term customer relationships
Maintaining competitive edge through proactive new technology investments
Building trust with local communities through contributions to regional economy
Absorbing market fluctuation risks through diversification
Cultivation and securing of specialized technicians
Brand trust and recognition in the industry
Investment capacity from stable cash flow

Threats

Risk of raw material price fluctuations
Demand contraction due to population decline in domestic market
Improved price competitiveness of overseas competitors
Cost increases from strengthened environmental regulations
Delay in responding to accelerating technological innovation
Profit impact from exchange rate fluctuations
Market fragmentation from new entrants
Production halt risk from natural disasters
Customer supply chain changes
Demand decline from emergence of substitute materials
Difficulty in securing talent due to labor shortage
Suppression of equipment investment during economic downturns

Innovations

2023: Establishment of Okura Vietnam

Overview: Established a local subsidiary in Vietnam to expand the new materials business internationally.
Impact: Contributes to overseas sales expansion and market diversification

2024: New production line for high-function optical films operational

Overview: Enhanced production capacity for optical functional films and mass-produced high-quality products.
Impact: Achieved sales expansion and improved customer satisfaction

2022: Business integration through establishment of KS Okura

Overview: Integrated Kansai and Kanto subsidiaries to improve manufacturing and management efficiency.
Impact: Succeeded in cost reduction and organizational strengthening

2025: Planned establishment of Okura BM Works

Overview: Preparing to establish a new subsidiary for expanding the building materials business.
Impact: Expansion of product lineup and improved market share

2024: Development of environmentally friendly biodegradable film

Overview: Successfully commercialized new materials contributing to reduced environmental impact.
Impact: Strengthened compliance with environmental regulations and opened new markets

2023: Operation of New Materials Business Building G

Overview: Expanded manufacturing capacity through new factory construction in Mannou Town, Nakatado District.
Impact: Achieved improved production efficiency and quality stability

2021: Improvement of antibacterial functional film technology

Overview: Developed food packaging film with enhanced antibacterial performance.
Impact: Strengthened competitiveness in markets with high hygiene requirements

2020: Introduction of multi-layer barrier film manufacturing technology

Overview: Introduced technology to extend food freshness preservation period by improving gas barrier properties.
Impact: Contributed to expanded transactions with food manufacturers

2023: Establishment of Okura Products

Overview: Established new subsidiary to strengthen synthetic resin business.
Impact: Improved manufacturing efficiency and market responsiveness

2022: International patent acquisition for optical thin-film technology

Overview: Acquired patent rights for innovative thin-film technology achieving revolutionary optical performance.
Impact: Enhanced product uniqueness and promoted overseas expansion

Sustainability

Promotion of biodegradable plastic product development
CO2 emission reduction plan in manufacturing processes
Improvement of waste recycling rate
Implementation of energy efficiency improvement programs
Active participation in local environmental protection activities
Enhanced chemical substance management for safety assurance
Promotion of environmental compliance in supply chain
Environmental education and awareness raising for employees
Acquisition of ISO14001 environmental management certification
Establishment of green procurement standards
Promotion of social contributions linked to Sustainable Development Goals (SDGs)
Investment in technological development for reducing environmental impact