The Pack Corporation (TSE:3950) is looking for acquisitions. Mitsuo Inada, President and Chief Executive Officer, said "we will continue to look for M&A opportunities for new business initiatives and synergy effects. Also, with the introduction of the new equipment, we would like to expand our product line.

Regarding investment in new businesses, we are always looking for good M&A opportunities. If we can find a good match, we are currently looking for a company with which we can seek synergies with a target of JPY 6 billion".