Havix aims to develop new businesses in medical and nursing area in addition to expansion in emerging countries.


Havix CO. provides intermediate materials for paper diapers, sanitary products, pet sheets, towels, tray mats, paper napkins, cooking paper and other paper products.

Havix aims to develop new businesses in medical and nursing area in addition to expansion in emerging countries.

The company aims to bring the society hygienic cleanliness and comfort environment with its products.
The current business results were sluggish because sales of baby diapers related products were weak due to decrease in exports.
Price increase of imported pulp which is a main raw material and high fuel price also gave negative impacts.
As for its fiscal year ended March in 2019, the sales are down 0.3% from last year to 12,823 million yen, operating income is down 40.1% to 684 million yen and ordinary income is down 39.7% to 694 million yen.
Under these circumstances, the company is expanding its plant in Kaizu city, Gifu Prefecture enlarging its production system expected to start in December this year.
The sanitary materials market such as disposable diapers is expected to continue growing in the future because of the aging population in Japan and the economic growth and increasing hygiene awareness in emerging countries.
Havix aims to develop new businesses in medical and nursing area in addition to expansion in emerging countries.

The company aims to develop new businesses while expanding existing business in those areas as a medium to long-term growth strategy.
With regard to new business areas, in addition to sanitary materials and food service business, the company aims to develop a new business in medical and nursing area where demand for disposable products is expected to increase with the background of the graying society.
Havix aims to develop new businesses in medical and nursing area in addition to expansion in emerging countries.
The company plans to conduct a market research to establish production bases and expand business in emerging countries such as the ASEAN region where the sanitary materials market and food service industry market are expected to grow further.

Comments

Popular posts from this blog

Investing in Japan: Menicon, a leading Japanese contact lens manufacturer, aims overseas market expansion

Investing in Japan: Toyota shows its strength shrugging off pandemic damage and semiconductor shortage

Food and Drinks: Kaiten-sushi serves fresh and high quality of seafood