1. Japan Stocks

  2. •

    Process industries

  3. •

    Containers/Packaging
Pack Corporation

Pack Corporation

TTSE:3950
1,492.00
JPY
+10.00
(+0.67%)
114.14EPS
11.06P/E
71.86BMarket Cap
Nov 11Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,412.81
1,437.91
1,485.88
1,515.4
1,534.53
1,582.08
1,651.74
1,377.24
1,398.59
1,562.05
1,711.83
5,357.54
1,833.96
1,742.21
Basic EPS, GAAP
55.31
72.42
68.64
77.15
88.51
84.4
81.29
42
49.56
71.17
99.02
333.51
107.13
114.18
Free Cash Flow per Basic Share
43.38
59.67
54.36
84
91.85
93.39
87.43
2.76
61.15
32.24
-49.75
74.66
51.77
- -
Dividend per Share
16.66
16.66
16.69
16.65
16.65
16.67
16.71
19.94
18.34
18.29
23.37
107.3
41.42
- -
Book Value per Share
661.56
718.78
771.24
825.46
907.69
963.13
1,027.05
1,048.13
1,088.26
1,146.26
1,246.24
1,321.89
1,385.18
1,282.43
Tangible Book Value per Share
658.43
715.8
768.81
823.35
904.53
960.38
1,024.09
1,044.79
1,076.98
1,127.95
1,199.32
1,261.84
1,307.64
1,224.59
Basic Weighted Avg Shares
60
60
59
59
59
59
58
57
57
57
57
19
56
57
Sales/Revenue/Turnover
84,315
85,809
88,043
89,174
90,313
93,126
95,502
78,445
79,690
89,060
97,714
101,461
103,125
99,453
Operating Margin (%)
6.23
6.38
7.08
7.27
8.05
7.44
7.17
4.17
5.2
6.71
7.93
7.89
6.99
8.34
Depreciation Expense
2,020
1,852
1,777
1,784
1,645
1,761
1,713
1,850
2,029
1,992
2,082
2,416
2,954
- -
Net Income, GAAP
3,301
4,322
4,067
4,540
5,209
4,968
4,700
2,392
2,824
4,058
5,652
6,316
6,024
6,518
Effective Tax Rate (%)
39.9
33.84
36.75
33.19
31.2
32.07
31.87
33.01
33.25
31.65
28.81
31.05
31.99
29.09
Profit Margin (%)
3.92
5.04
4.62
5.09
5.77
5.33
4.92
3.05
3.54
4.56
5.78
6.23
5.84
6.55
Working Capital
17,136
19,849
22,465
26,749
31,248
29,319
31,369
29,804
33,159
35,430
32,475
32,277
35,747
32,404
LT Debt
- -
- -
- -
- -
- -
163
30
- -
60
34
9
49
334
- -
Total Equity
39,505
42,924
45,412
48,601
53,454
56,775
58,493
59,736
62,028
65,369
71,155
74,482
76,994
72,949
Return on Invested Capital (%)
7.77
8.49
8.66
8.97
9.56
8.32
7.92
3.67
4.5
6.29
7.91
7.42
6.31
8.21
Return on Capital (%)
8.38
10.4
9.21
9.66
10.21
9.01
8.13
4.05
4.65
6.38
8.28
8.67
7.93
9.26
Return on Common Equity (%)
8.68
10.49
9.21
9.66
10.21
9.02
8.16
4.05
4.64
6.37
8.28
8.67
7.95
9.27

Capital Structure

JPY

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
25
25
22
LT Borrowings
9
3
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
57
57
57
Market Capitalization
64,423
72,922
71,863

Working Capital

JPY

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
59,080
55,692
57,186
Cash, Cash Equivalents & STI
24,422
25,616
26,720
Accounts Receivable, Net
24,653
19,960
19,084
Inventories
9,077
9,408
9,538
Total Current Liabilities
26,605
24,009
24,782
Payables & Accruals
- -
- -
- -
ST Debt
25
25
22
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.45%
5.23%
3.37%
Free Cash Flow
173.3%
354.69%
105.87%
Net Income, GAAP
7.54%
21.63%
-4.62%
Sales/Revenue/Turnover
1.89%
5.71%
1.64%
Total Cash Common Dividend
- -
17.33%
14.62%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22,694
23,923
- -
- -
101,461
2025
- -
- -
- -
- -
103,125
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25.9
26.65
- -
- -
333.51
2025
- -
- -
- -
- -
107.13
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
107.3
2025
- -
- -
- -
- -
41.42
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Naoki Nakamura
Full Time Employees
1,223
Sector
Process industries
Industry
Containers/Packaging
Address
2-9-3, Higashiobase Osaka OS Japan 537-8911
IPO Date
Sep 11, 1991
Website
thepack.co.jp
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Business
The Pack Corporation (3950.T) manufactures and sells a broad range of packaging products including paper bags, printed paper containers, cardboard boxes, corrugated packaging, plastic bags, film and flexible packaging, wrapping supplies, secondary materials, and eco-friendly products; it serves diverse sectors such as apparel, food and beverages, logistics and parcel delivery, department stores and mass merchandisers, daily necessities and hygiene products including pet products and diapers, companies and schools, sports goods, as well as gardening and agriculture. Founded in 1878 and headquartered in Osaka, Japan, the company operates primarily in Japan with production facilities and sales offices nationwide, supplemented by overseas plants across Asia including subsidiaries such as The Pack (Shanghai) Corp., The Pack (Changshu) Co., Ltd., and The Pack America Corporation in the United States. It maintains the largest market share in Japan's paper bag sector and leverages a global network for comprehensive packaging solutions tailored to customer needs from small shops to large chains. Recent developments include the acquisition of Hikari Packs Ishikawa Co., Ltd. as a subsidiary in 2025, transition to consolidated financial statements starting from the fourth quarter of the fiscal year ending December 2025 with projected consolidated operating and ordinary profits of 1 billion yen each, substantial capital investments of approximately 1.6 billion yen in paper cartons and 2 billion yen in paper bags during 2024 and 2025 to enhance production capacity, completion of a new headquarters building in March 2023, and transition to the Prime Market of the Tokyo Stock Exchange in 2022.