Sales increased but operating profits and ordinary profits decreased significantly from the previous year. Net profits increased.
Sales, operating profits, ordinary profits and net profits exceeded the revised figures announced in February.
Increase/Decrease
FY2022
Vs.Announcement
FY2021
FY2022
（February
(Millions of yen)
Full year
Full year
(Amount)
(%)
Annoucement
(Amount)
）
Revision
Net sales
Operating profits (Operating Profit Margin)
Ordinary profits (Ordinary Profit Margin)
Net profits
(Net Profit Margin)
Foreign Currency
USD
Translation
EUR
Rate (average)
[N.B.] Results for Japan and FSPT from April to March; results for the Americas, Europe, and
Copyright 2023 Fuji Seal Group
ASEAN (excluding FSPT) from January to December.
3
1. FY2022 Financial Results (2) Net Sales by Region
By region (excl. forex impact), sales in Japan and Europe (excluding FSCH) increased year-on-year, while sales in the Americas and ASEAN decreased.
FY2021
FY2022
Year-on-year
Excluding forex impact
(Millions of yen) Full year
Full year
change
Consolidated net sales
Japan
Americas
Europe
ASEAN
Eliminations
Europe
（excluding FSCH）
[N.B.] FSCH (formerly PAGO Switzerland) is not included in sales for FY2022 due to the business transfer in July last year.
Copyright 2023 Fuji Seal Group
4
1. FY2022 Financial Results (3) Net Sales by Region
FY2021
FY2022
Year-on-year change
Excluding forex
(Millions of yen)
Full year
Full year
Change
Rate of change
impact
Rate of change
Japan
Shrink label
PS label
Soft pouch
Machinery
Others
Americas
Shrink label
PS label
Soft pouch
Machinery
Others
Europe
Shrink label
PS label
Soft pouch
Machinery
ASEAN
Shrink label
PS label
Soft pouch
Machinery
Others
Eliminations
Consolidated net
• Shrink label sales increased due to recovery in the
beverage sector.
• PS label sales declined due to a reaction to special
demand for vaccines and sluggish sales promotion.
Japan
• Beverage demand increased for soft pouches.
Demand for refill pouches for Home and Personal
Care was strong. Full year sales exceeded 20 billion
yen.
• Orders for new machines increased.
• Shrink labels increased slightly due to lower sales
Ameri
volume despite price revisions.
• PS label sales increased due to the contribution of
cas
new projects.
• Orders for machinery were strong, but sales
declined due to delivery date adjustments.
• Shrink label sales increased due to the effect of
price revisions.
Europe
• PS label sales increased excluding the impact of the
transfer of FSCH business.
Demand for machinery in Europe was sluggish.
Shrink labels and soft pouches: Sales decreased due ASEAN to sluggish demand for high value-added products.
PS labels and machinery increased slightly.
5
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Fuji Seal International Inc. published this content on 11 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2023 06:15:59 UTC.
FUJI SEAL INTERNATIONAL, INC. is a Japan-based company mainly engaged in the planning, proposing, developing, manufacturing and sales of packaging systems centered on shrink sleeve labels, self-adhesive labels (pressure sensitive labels) and spouted pouches. The Company operates in five segments: Japan segment, the Americas segment, Europe segment, PAGO segment and Association of Southeast Asian Nations (ASEAN) segment. The Company is engaged in the manufacturing and sales of packaging products, packaging machinery and related machinery as well as providing maintenance services. The Companyâs products are used in food, beverages, dairy, home and personal care and pharmaceutical products, etc.
FUJI SEAL INTERNATIONAL, INC. 
