- Business
- Sekisui Kasei Co., Ltd. manufactures and sells foamed plastics and related materials primarily through its Human Life and Industry segments. In the Human Life segment, the company offers boxes and trays, ESLEN beads, ESLEN sheets including low-foam PSP (ESLEN Sheet PZ), ESLEN wood, INTERFOAM, ES DAN mats, ESLEN blocks, TECHEATER, and ST-LAYER for agricultural and marine product containers, food containers such as instant noodle containers and fresh food trays, distribution materials, construction materials, civil engineering materials including lightweight embankment materials and rainwater storage systems, and greening solutions. In the Industry segment, it provides PIOCELAN including PIOCELAN 2.0, LIGHTLON, NEOMICROLEN, CELPET, TECHPOLYMER including light-diffusing and hollow variants, ST-gel, ELASTIL, FOAMAC, ST-Eleveat, and other foamed and molded products for automotive components such as seat cores and impact absorption materials, packaging materials for automotive parts transportation including returnable materials, industrial components, industrial packaging, electric part materials, and medical and healthcare materials such as electrodes and midsoles; the company also produces polymer particles for cosmetics including MBX, SBX, MSX/SMX, and SSX series. Sekisui Kasei, founded in 1948 and headquartered in Tokyo, Japan, operates globally in Japan, Asia including China, Thailand, and Indonesia, the United States, Central America, and Europe. Formerly Sekisui Plastics Co., Ltd., it changed its name in June 2020; recent major changes include the decision in fiscal year 2024 to transfer its European Proseat business--acquired in 2019--to Brose Sitech with deal closing expected in the first half of fiscal year 2025, liquidation of subsidiaries such as Sekisui Kasei Shanghai Precision Forming and Proseat SAS in France, closure of Sekisui Kasei Tohoku, sale of Sekisui Kasei Kansai factory, and launch of the new medium-term management plan "Going Beyond 2027 - Transformation and Completion" targeting an operating income ratio of 4.5% and ROE of 6.0% by fiscal year 2027 through portfolio restructuring using ROIC, emphasis on high-profitability businesses in electronics, mobility, and medical/healthcare, expansion of recycled products like ESLEN Beads RNW, and production innovations.