Hagiwara Industries

Basic Information

Stock Code: 7856
Industry: Other Products
Category Detail: Chemicals & Chemical Products
Prefecture: Okayama Prefecture
Establishment Year: November 1962
Listing Year: June 2000
Official Website: https://www.hagihara.co.jp/
TSE Information: TSE Information
Yahoo! Finance: Yahoo! Finance
Other Companies: Nitto Net, Okura Industries, Daisan, Okamoto, Wavelock Holdings, First Juken

Overview

Hagiwara Industries is a leading company in synthetic resin fiber products founded in 1962, and as Japan's top blue sheet manufacturer, it primarily develops products for civil engineering and construction.

Current Situation

Hagiwara Industries achieved consolidated sales of approximately 33.1 billion yen and operating profit of approximately 2.1 billion yen in the fiscal year ending October 2024, demonstrating high financial stability. Its mainstay synthetic resin fiber products, centered on blue sheets, are expanding market share both domestically and internationally. In technology development, it promotes uniform viscosity in recycled plastics and recycling technologies, achieving reductions in environmental impact. It operates multiple production bases and sales offices in Japan, along with group companies overseas, advancing globalization. As part of sustainability efforts, it has installed waste plastic resourceization equipment, strengthening contributions to a circular society. Moving forward, it positions growing domestic and international construction demand and the expansion of environment-related product markets as key growth drivers, aiming for sustainable growth from 2025 onward.

Trivia

Interesting Facts

Long-established manufacturer that started with tatami facing production in the 1950s.
Boasts top domestic share in the blue sheet sector.
Waste plastic regeneration equipment is among the few state-of-the-art in the industry.
Early acquisition of ISO9001 quality management certification.
Operates multiple domestic plants and group companies overseas.
Has received awards including the Minister of Economy, Trade and Industry Award.
Some products can be highly customized for agriculture and fisheries.
Active in regionally rooted social contributions.
Synthetic fiber technology also utilized in industrial machinery.
Attention on crushing, washing, and regeneration technology for used blue sheets.
Listed on the Osaka Securities Exchange in 2000.
Contributes to setting environmental consideration standards in the industry.
Comprehensive employee welfare and training systems.
Building recognition with proprietary brand 'Hagihara.'
Received local cultural encouragement award.

Hidden Connections

Strong ties with other factories in the Mizushima Coastal Industrial Zone.
Collaborates with affiliate BarChip to expand technology overseas.
Operates collaborative programs for regional agriculture support and product development.
High evaluation from domestic and international clients through ISO certifications.
Certified as a model company for advanced environmental technologies by METI.
Has disaster prevention and environmental conservation agreements with Kurashiki City.
Collaborates with peer companies to promote standardization of recycled plastic market.
Blue sheet reuse technology is highly unique with patent applications pending.

Future Outlook

Growth Drivers

Steady domestic construction and civil engineering demand
Expansion of recycled product demand from stricter environmental regulations
Growth in high-function sheet market for agriculture and fisheries
Overseas sales growth through global expansion
New market creation through sustainable material development
High-value-added product development via advanced technological innovation
Production efficiency improvements using IT and IoT
Brand strengthening from rising environmental awareness
Growth in new materials and high-function materials markets
Expansion of collaborations with diverse industries

Strategic Goals

Achieve over 50 billion yen in domestic and international sales
Over 80% regeneration utilization rate for used materials
70% sales ratio of environmentally friendly products
Revenue diversification through new business development
Carbon neutral realization in manufacturing processes
Market share expansion in global markets
Dissemination of energy-saving and resource-saving technologies
Building a management system coexisting with regional society
Further strengthening of quality management
Promotion of talent development and work-style reforms

Business Segments

Resin Sheets for Construction and Civil Engineering Materials

Overview

Provides high-function resin sheet products for construction and civil engineering, supporting safety and efficiency in construction work.

Competitiveness

Custom response capability from advanced manufacturing technology

Customers

Construction companies
Civil engineering contractors
General contractors
Public entities
Renovation contractors
Building materials wholesalers
Carpentry shops
DIY-related companies
Architectural design firms
Building materials retailers

Products

Blue sheets
Waterproof sheets
Weather-resistant resin sheets
Fire-retardant sheets
Insulation sheets
Soundproof sheets
Insect/weed-proof sheets
Transparent sheets
Heat-resistant sheets
Special function sheets
Construction transparent films
Airtight films
Protective sheets
Eco-friendly sheets
Oil-resistant sheets

Sheets for Agriculture and Fisheries

Overview

Manufactures and supplies functional resin sheets and films specialized for agriculture and fisheries.

Competitiveness

Optimization of crop and aquaculture environments through high-function materials

Customers

Agricultural corporations
Farmers
Horticultural businesses
Aquaculture businesses
Agricultural material retailers
Agricultural cooperatives
Greenhouse manufacturers
Insect/weed control companies
Agricultural machinery manufacturers
Agricultural product processors

Products

Agricultural insect-proof sheets
Mulching sheets
Greenhouse covers
Corrosion-resistant sheets for aquaculture
Weed-proof sheets
Storage films
Cold-resistant sheets
Insect-proof films
Environmental control films
Water-resistant sheets
Aquaculture covers
Agricultural multi-function sheets
Insulation sheets
Weed control sheets
Functional films

Parts for Industrial Machinery and Manufacturing

Overview

Provides high-quality parts and materials for the industrial machinery sector, supporting product performance improvements.

Competitiveness

Integration of material development and processing technology

Customers

Machinery manufacturers
Manufacturers
Industrial machinery maintenance companies
Chemical plants
Precision machinery manufacturers
Electronic parts manufacturers
Automotive parts manufacturers
Food machinery manufacturers
Environmental equipment manufacturers
Textile machinery manufacturers

Products

Heat-resistant films
Needle punch felts
Resin parts
Conveyor belts
Corrosion-resistant parts
Special fibers for machinery
Energy-saving parts
Precision fiber parts
Filter materials
Eco-friendly materials
Machinery resin extrusions
High-strength fiber products
Chemical processing equipment parts
Maintenance parts
Abrasion-resistant parts

Raw Materials and Fiber Supply

Overview

Supplies synthetic resin fiber raw materials and materials, corresponding to diverse products and applications.

Competitiveness

Stable raw material supply and multi-functional fiber development

Customers

Fiber manufacturers
Resin processors
Sheet manufacturers
Recyclers
Chemical manufacturers
Industrial material manufacturers
Fiber trading companies
Fiber wholesalers
Industrial yarn manufacturers
Synthetic fiber processors

Products

Polyethylene yarn
Synthetic resin raw materials
High-strength fibers
Functional yarn
Recycled yarn
Special filaments
High-tensile fibers
Weather-resistant yarn
Industrial raw material yarn
Eco-friendly yarn
Resin filaments
Fiber composite materials
Machinery fiber parts
Fiber processing raw materials
High-performance fiber materials

Environmental Recycling Business

Overview

Engages in waste plastic regeneration business contributing to reduced environmental impact and a circular society.

Competitiveness

In-house developed waste plastic resourceization technology

Customers

Waste plastic processors
Recyclers
Environmental consulting firms
Municipalities
Industrial waste processors
Environmental NPOs
Construction companies
Manufacturers
Logistics companies
Recycled raw material manufacturers

Products

Waste plastic regeneration equipment
Recycled blue sheets
Sustainable products
Environmental impact reduction technology
Circular resource products
Waste material reuse materials
Eco-friendly films
Waste crushers
Washing equipment
Recycled raw materials

Packaging Material Films

Overview

Manufactures high-performance resin films for packaging that contribute to maintaining quality of food and industrial products.

Competitiveness

Proprietary high-function multi-layer film technology

Customers

Food manufacturers
Industrial product manufacturers
Packaging material trading companies
Logistics companies
Retailers
Manufacturers
Chemical manufacturers
Convenience stores
Mail-order companies
Department stores

Products

Multi-layer laminate films
Thin packaging films
Cold-resistant films
Heat-resistant packaging materials
Food packaging films
Industrial resin films
Special function films
Antibacterial packaging films
Airtight packaging materials
Transparent packaging films

Competitive Advantage

Strengths

High market share in the blue sheet sector
Advanced synthetic resin fiber manufacturing technology
Leadership in environmental recycling technology
Diverse product lineup and customer responsiveness
Domestic and international production bases and sales networks
Years of industry experience and know-how
Custom product responsiveness
Stable financial base
Sustainable production system
Strong supply chain
Active overseas expansion
Multilingual and multicultural responsiveness
Continuous investment in technology development
High customer satisfaction
Efforts to reduce environmental impact

Competitive Advantages

Holds top domestic share in synthetic resin blue sheets
Unique technology for waste plastic regeneration and recycling
Diverse product lineup meeting wide industry needs
Supply capability for high-function products through advanced material development
High reliability from regionally rooted production system centered in Okayama Prefecture
Global expansion through overseas manufacturing and sales bases
Quality management and customer trust secured by ISO9001 certification
Strong customer base and needs understanding
Product development for realizing resource circulation society
Active in new material development and technological innovation
Advanced customer service differentiating from competitors
Product quality management exceeding environmental and safety standards
Sales channel network across diverse industries
Efficient product supply via proprietary logistics system
Emphasis on improving work environment and talent development

Threats

Upward pressure on raw material prices
Risks from international trade friction and tariff fluctuations
Competitors' low-price offensives
Increased manufacturing costs from stricter environmental regulations
Risk of brand damage from quality issues
Impact of natural disasters on production bases
Rising labor costs from labor shortages
Decline in competitiveness from delayed technological progress
Demand decline from economic fluctuations
Increase in new entrants
Political instability in overseas markets
Material regulations from rising environmental awareness

Innovations

2024: Development of waste plastic viscosity uniformization technology

Overview: Established processing technology to uniformize viscosity of waste plastics, achieving stabilized quality of recycled materials.
Impact: Improved product performance through higher quality recycled raw materials

2024: Installation of waste plastic regeneration equipment in Okayama

Overview: Introduced equipment at Misaki Plant to crush, wash, and process used blue sheets into recycled materials.
Impact: Contributes to advanced circular resource utilization

2023: New development of weather-resistant resin sheets

Overview: Launched new resin sheet products with significantly enhanced UV resistance.
Impact: Improved customer satisfaction through extended product lifespan

2022: Expansion of environmentally friendly product lineup

Overview: Developed and launched a variety of eco-sheet series using recycled resins.
Impact: Enhanced environmental image and acquired new customers

2022: Strengthened research on biodegradable films

Overview: Initiated R&D project on biodegradable materials to reduce environmental impact.
Impact: Foundation for next-generation environmentally friendly products

2021: Introduction of energy-saving equipment at new plant

Overview: Introduced latest equipment at Kurashiki Plant, significantly reducing energy consumption.
Impact: Achieved cost reduction and environmental impact mitigation

2020: New material development for precision fiber machinery

Overview: Developed special fiber materials with excellent abrasion and heat resistance for manufacturing equipment.
Impact: Strengthened competitiveness in industrial machinery parts market

Sustainability

Promotion of waste plastic circular utilization
Introduction of ISO14001 environmental management system
Expansion of energy-saving equipment
Active development of low-environmental-impact products
Participation in local environmental protection activities
Formulation of sustainable resource procurement policies
Stricter emission reductions and refrigerant management
Implementation of employee environmental awareness programs
Promotion of paperless and digitalization
Introduction of water resource recycling technology
Improved recycled material usage rate
Proper waste treatment and re-resourceization