- CEO
- Tomohiko Okubo
- Full Time Employees
- 3,053
- Sector
- Consumer Cyclical
- Industry
- Packaging & Containers
- Address
- Shin Nisseki Building Tokyo Japan 100-0005
- IPO Date
- Oct 12, 2021
- Business
- JSP Corporation is a Japan-based global manufacturer specializing in the production and sale of high-performance expanded polymers and foamed plastics, serving automotive, construction, civil engineering, packaging, HVAC, sports, and consumer goods industries worldwide. Founded in 1962 and headquartered in Tokyo, the company operates principally through two business segments: Extrusion Business and Bead Business. Key products include ARPRO, an impact energy management expanded polypropylene material used in automotive applications, multi-use transport packaging, and HVAC housings; STYRODIA, employed in packaging for consumer electronics, hot and cold food containers, construction insulation, and civil engineering materials; ARGILIX, a thermoplastic elastomer bead foam; FOAMCORE, utilized in prefabricated bathrooms and automotive components; as well as various sheets and boards under brand names such as MIRAMAT, CAPLON, and P-BOARD. Their expanded polypropylene (EPP) and related materials provide lightweight, durable, and environmentally optimized solutions across multiple industrial applications.
Recent strategic developments include the establishment and ramp-up of production facilities in Pune, India, and Ramos Arizpe, Mexico, aiming to increase North American and global output capacity. JSP has emphasized growth through increased production capacity utilization, targeting a utilization rate of all factories by the end of 2024, alongside expanding non-automotive applications and brand strategies. The company focuses on enhancing OEM sales, developing proprietary brands, and expanding into new market segments such as the pet ecosystem and healthcare-related products. Financial and operational strategies include revising shareholder return policies to increase dividends and procuring external funding to support expansion. JSP also launched an official website for its Indian operations, reflecting its commitment to international market growth and customer engagement.
JSP Corporation's business scope covers manufacturing and selling materials products, including sheets and boards based on various polymers, with proprietary bead and extrusion foaming technologies underpinning their product innovation and quality. The company targets automotive OEMs, construction firms, packaging manufacturers, and industrial clients across Japan, North America, and other global markets. Its ongoing focus includes improving environmental impact through reduced energy consumption and waste materials in production processes, supporting the company's position as a leading global supplier of foam plastics and expanded polymers.
Overall, JSP Corporation presents a comprehensive portfolio of advanced polymer products combined with strategic global expansion efforts and enhanced operational efficiency aimed at sustaining growth in the high-performance plastics industry.