- Business
- Placo Co., Ltd. manufactures and sells plastic molding machines and recycling equipment, primarily operating in Japan. Its core product lines include inflation film molding machines used for producing film products such as shopping bags, garbage bags, agricultural polyethylene films, wrap materials, multilayer films, and functional films; blow molding machines designed for manufacturing hollow plastic products, including automobile parts, industrial parts, and daily sundry articles; and recycling equipment consisting of crushers, reproduction machines, and re-molding machines. The company also provides maintenance services and parts for its machinery. Established in 1940 and headquartered in Saitama, Japan, Placo serves industrial clients engaging in plastic processing and environmental sustainability efforts, including the production of biodegradable plastics and reduction of carbon dioxide emissions. In recent developments, Placo completed the acquisition of Cloud Service Co., Ltd. in December 2024 via a share exchange to expand its business presence and capabilities, signaling a strategic growth initiative. Additionally, in October 2025, Placo announced a "10-billion-yen Declaration" aiming for JPY 10 billion in sales by 2033 through market expansion, increased value in labor- and manpower-saving machinery, enhanced engineer training, and technology development focusing on environmental impacts. The company is open to further mergers and acquisitions to support this growth goal. It operates with a focused strategy on deepening market penetration, new market entries, and innovation to meet evolving industry demands. Placo employs approximately 78 people and continues to evolve its product portfolio and operational approach to align with sustainability and technological advancement trends in the plastic machinery and environmental equipment sectors.