- Business
- Shoei Corporation (9385.T) engages primarily in the packaging business, along with media network services and daily sundry goods sales in Japan. The company plans, manufactures, and sells plastic films and packaging materials, including commercial packages and consumable bags; provides media network services such as shipping agency, direct mail enclosing, sealing in plastic film envelopes, and distribution; and offers convenience goods like plastic bags sourced from overseas partners in China for retailers including 100-yen shops and drug stores. Founded in 1968 and headquartered in Osaka, the company operates through these three segments, focusing on sales promotion support from planning and procurement to delivery for customer business enhancement. In November 2025, Shoei Corporation authorized a share buyback plan for up to 1,700,000 shares, representing 3.23% of its capital, valued at ¥2,500 million; this follows prior buybacks in 2023 and 2024, including one closed in January 2024 for 1,048,300 shares at ¥2,000 million, and a divestiture in August 2023 where Rhythm Co., Ltd. acquired Shoei USA Inc. and Shoei Electronic Component GmbH.