FP Corporation reports revenue growth for fiscal year 2019

FP Corporation announced its financial results for the fiscal year ending March 2019, reporting a total revenue of 181.17 billion yen. This represents a 4.4% increase over the previous year, marking the ninth consecutive year of growth for the packaging manufacturer.

Operating income rose to 13.9 billion yen, marking the second consecutive year of profit growth. The company noted that while performance was impacted by increased logistics costs stemming from heavy rainfall in Western Japan, these pressures were offset by other income streams, including compensation from production equipment and insurance claims. Net income attributable to owners of the parent reached 9.9 billion yen.

The firm continued strategic investments in production capacity and infrastructure throughout the year. Expenditures were directed toward automation, facility upgrades, and the completion of key logistics centers and office expansions. Total capital investment in fixed assets amounted to 14.0 billion yen as the company moves to maintain its market position through supply chain optimization.