The Pack Corporation logo

The Pack Corporation

3950.T

JPXConsumer CyclicalPackaging & Containers

Latest quote

¥1,505

−¥4.00 · -0.27%

Aug 24, 11:30 AM JST

3950.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Established in 1878 and headquartered in Osaka, Japan, The Pack Corporation is a global provider specializing in a broad spectrum of packaging solutions. Their extensive product line includes various bags, such as paper, plastic, parcel, sewn, and garment types, alongside a diverse array of boxes like standard paper boxes, trays, clear cases, corrugated shipping boxes, and large appliance containers, complete with cushioning materials. The company also supplies retail businesses with items like gift boxes, drawstring bags, wrapping paper, seals, tags, and ribbons. Furthermore, they develop film and flexible packaging tailored for food, daily essentials, hygiene products, and pharmaceuticals, and are committed to offering eco-friendly alternatives. Beyond manufacturing, The Pack Corporation provides comprehensive printing services, utilizing both offset rotary and gravure methods for a wide range of products including shopping bags, decorative corrugated items, paper containers, promotional pamphlets, catalogs, magazines, books, and various packaging and labeling needs.

Industry
Packaging & Containers
Sector
Consumer Cyclical
Headquarters
JP
CEO
Naoki Nakamura
Listed since
Sep 11, 2001
Employees
1,223

Market position

Day range

Current ¥1,505

52-week range

Current ¥1,505

Open
¥1,512
Previous close
¥1,509
Volume
22.6K
0.16× average
Average volume
145.2K
Average daily volume
Market cap
83.68B JPY
Beta
0.4
Market reference 1
50-day average
¥1,402.28
+7.33% above average
200-day average
¥1,326.25
+13.48% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
49.01B JPY
P/E (TTM)
14.94×
P/B (TTM)
1.08×
P/S (TTM)
0.79×
EV / EBITDA
4.82×
Earnings yield
8.30%
Free cash flow yield
5.60%
Dividend yield
2.59%

Profitability & efficiency

Gross margin
23.99%
Operating margin
6.91%
Net margin
5.32%
Return on equity
7.82%
Return on assets
5.78%
Return on invested capital
6.25%

Financial health

Debt / equity
0.01×
Current ratio
2.39×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends27%18%10%1%Gross margin, FY2021: 23.37%Gross margin, FY2022: 23.85%Gross margin, FY2023: 24.86%Gross margin, FY2024: 24.67%Gross margin, FY2025: 24.68%Operating margin, FY2021: 5.20%Operating margin, FY2022: 6.71%Operating margin, FY2023: 7.93%Operating margin, FY2024: 7.90%Operating margin, FY2025: 6.99%Net margin, FY2021: 3.54%Net margin, FY2022: 4.56%Net margin, FY2023: 5.78%Net margin, FY2024: 6.23%Net margin, FY2025: 5.84%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.37%. Gross margin FY2022 23.85%. Gross margin FY2023 24.86%. Gross margin FY2024 24.67%. Gross margin FY2025 24.68%. Operating margin FY2021 5.20%. Operating margin FY2022 6.71%. Operating margin FY2023 7.93%. Operating margin FY2024 7.90%. Operating margin FY2025 6.99%. Net margin FY2021 3.54%. Net margin FY2022 4.56%. Net margin FY2023 5.78%. Net margin FY2024 6.23%. Net margin FY2025 5.84%.

Income trends

Revenue

103.13B JPY+1.64%

Operating income

7.21B JPY-10.07%

Net income

6.02B JPY-4.62%
Income trends across reported periods113.16B JPY73.03B JPY32.91B JPY−7.21B JPYRevenue, FY2021: 79.69B JPYRevenue, FY2022: 89.06B JPYRevenue, FY2023: 97.71B JPYRevenue, FY2024: 101.46B JPYRevenue, FY2025: 103.13B JPYOperating income, FY2021: 4.15B JPYOperating income, FY2022: 5.97B JPYOperating income, FY2023: 7.74B JPYOperating income, FY2024: 8.02B JPYOperating income, FY2025: 7.21B JPYNet income, FY2021: 2.82B JPYNet income, FY2022: 4.06B JPYNet income, FY2023: 5.65B JPYNet income, FY2024: 6.32B JPYNet income, FY2025: 6.02B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 79.69B JPY. Revenue FY2022 89.06B JPY. Revenue FY2023 97.71B JPY. Revenue FY2024 101.46B JPY. Revenue FY2025 103.13B JPY. Operating income FY2021 4.15B JPY. Operating income FY2022 5.97B JPY. Operating income FY2023 7.74B JPY. Operating income FY2024 8.02B JPY. Operating income FY2025 7.21B JPY. Net income FY2021 2.82B JPY. Net income FY2022 4.06B JPY. Net income FY2023 5.65B JPY. Net income FY2024 6.32B JPY. Net income FY2025 6.02B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue103.13B JPY101.46B JPY97.71B JPY89.06B JPY79.69B JPY
Cost of goods sold77.67B JPY76.44B JPY73.42B JPY67.82B JPY61.06B JPY
Gross profit25.45B JPY25.03B JPY24.3B JPY21.25B JPY18.63B JPY
Research and development457M JPY464M JPY413M JPY386M JPY391M JPY
Selling, general, and administrative17.01B JPY16.55B JPY16.14B JPY14.89B JPY14.09B JPY
Operating expenses18.24B JPY17.01B JPY16.55B JPY15.27B JPY14.48B JPY
Interest income138M JPY126M JPY150M JPY128M JPY108M JPY
Interest expense7M JPY3M JPY1M JPY1M JPY1M JPY
Depreciation and amortization2.95B JPY2.42B JPY2.08B JPY1.99B JPY2.03B JPY
Operating income7.21B JPY8.02B JPY7.74B JPY5.97B JPY4.15B JPY
Net income6.02B JPY6.32B JPY5.65B JPY4.06B JPY2.82B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
21.16

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates55.0641.1127.1613.21Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 5, 2024: actual 52.13, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 41.21, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 17.64, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 25.45, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual 18.04, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 46, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 15.54, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 21.16, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates32.78B29.09B25.39B21.69BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 5, 2024: actual 23.42B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 31.42B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 22.95B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 24.43B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual 24.22B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 31.52B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 24.04B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 26.1B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥41.3333

2025 complete year+24.0% since 2021

2026 partial: ¥17.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Dec 29, 2026

¥25.00

Semi-Annual

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Jun 29, 2026

¥17.00

Semi-Annual

Record Jun 30, 2026 · Payment Sep 2, 2026

Dividend

Ex-dividend Dec 29, 2025

¥22.00

Semi-Annual

Record Dec 31, 2025 · Payment Mar 27, 2026

Dividend

Ex-dividend Jun 27, 2025

¥19.3333

Semi-Annual

Record Jun 30, 2025 · Payment Sep 2, 2025

Dividend

Ex-dividend Dec 27, 2024

¥198

Semi-Annual

Record Dec 31, 2024 · Payment Mar 27, 2025

Dividend

Ex-dividend Jun 27, 2024

¥52.00

Semi-Annual

Record Jun 30, 2024 · Payment Sep 3, 2024

3950.T peers

Continue in GoAI

Research 3950.T

research.disclaimer