Superbag Company,Limited (3945) Stock Price

Market cap
¥3.9B
P/E ratio
5.7x
Manufactures and sells paper bags and plastic shopping bags to businesses across Japan, operating through multiple subsidiaries and an efficient supply chain system.

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Business Overview

Super Bag is a corporate group primarily engaged in the manufacturing and sales of paper bags and shopping bags. The group consists of Super Bag headquarters, four subsidiaries, one affiliated company, and one other related company. It operates across three main business segments: paper products, chemical products, and other businesses.

In the paper products business, Super Bag manufactures paper bags at its own primary factory. Additionally, it supplies raw paper to Hokkaido Super Bag Co., Ltd., purchases paper bags manufactured by that company, and resells them. The company also procures paper bags through Shanghai Shiba Packaging Materials Co., Ltd.

In the chemical products business, Super Bag purchases plastic bags manufactured by domestic and overseas partner factories and sells them in the domestic market. It also handles plastic bags produced through Shanghai Shiba Packaging Materials Co., Ltd. This diversified product lineup addresses a wide range of customer needs.

In other businesses, Super Bag operates a consolidated ordering and delivery system for supplies and consumables, centered on the Super Bag Vending System (S.V.S.). This system builds an efficient supply chain and meets customer needs. Subsidiaries such as Taiwan Super Packaging Materials Co., Ltd. and Shanghai Shiba Trading Co., Ltd. also conduct independent procurement and sales operations.

Management Policy

SuperBag has adopted the growth strategy of becoming a "next-generation packaging company that grows with the environment." This strategy is being pursued as a three-year plan based on the Second Medium-Term Management Plan announced in May 2024. The company aims to strengthen its sales capabilities by promoting area-based strategies centered on its paper products business.

To develop target markets and customers, SuperBag is strengthening its direct-to-consumer e-commerce platform. The company is also making active investments in equipment upgrades and environmental initiatives, with the goal of building a growth model based on "earning power" and "manufacturing power." This approach aims to achieve sustainable growth and long-term profitability.

SuperBag's priority areas include focusing on the paper products business and developing new businesses that incorporate environmentally conscious products. The company also places importance on improving environmental performance metrics, investing in human capital, and strengthening governance. Additionally, it is reinforcing its management foundation through advancing internal systems and strengthening its supply chain.

SuperBag aims to establish a business foundation that combines stability and profitability. In particular, the company is focusing on reviewing its chemical products business and maintaining and developing its paper products business to respond to changes in consumer behavior in the post-COVID era and the implementation of paid plastic and paper bags. The company has also established the "SuperBag Environmental Declaration" to clarify its environmental policies in response to growing environmental awareness.

Creating new businesses is positioned as an important priority. To respond to changing needs, the company has established a dedicated division to drive marketing and product development. Through these efforts, SuperBag aims to create new core businesses and realize sustainable growth.

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