Sales: $1.28 billion (¥111,828 million in printing ink and graphic arts); $1.347 billion (¥117,663 million) consolidated.
Major Products: Commercial offset, sheetfed, heatset, and newspaper offset inks; gravure inks for flexible packaging; flexo inks for corrugated carton and paper bag; metal decorating inks; UV/EB inks and varnishes; inks for inkjet printers; and toners.
Key Personnel: Hirotsugu Takamaru, president; Mitsuru Kojima, senior managing director; Masanori Kano, senior managing director; Yoshiaki Uesaka, managing director; Kotaro Morita, managing director.
Number of Employees: 3,121 (consolidated basis); 787 (non-consolidated basis).
Comments: Sakata INX followed up a solid 2009 with more growth in 2010, with its ink and graphic arts sales increasing 2.5%, to ¥111,828 million. Overall, the company grew 3.5% to ¥117,663 million.
“Total sales for Sakata Inx Corp. in 2010 were above the previous year by 3.5%, due to the economic recovery in the U.S. and the sales increase of printing ink, mainly in Asia,” said Kotaro Morita, managing director of Sakata INX Corp. and chairman of INX International Ink Company, Sakata INX’s U.S. subsidiary. “The operating income in 2010 exceeded the previous year due to improved profitability with the sales increase and cost reduction. Comparing fiscal year 2010 with the fiscal year of 2009, our sales and operating income have increased, so we can see business improvement.”
In particular, Mr. Morita said that Asia was particularly strong, notably gravure for packaging.
“The key market is Asia, especially with gravure packaging ink as a main product that has expanded in India, Indonesia and Vietnam,” Mr. Morita noted.
This growth has led to Sakata INX’s decision to expand its manufacturing base throughout Asia.
“We have been expanding our production capacity in order to meet the customer demand in the growing Asian market,” Mr. Morita said. “In March 2011, we completed expanding the packaging gravure ink production capacity in Vietnam. We also plan to complete the new plants in Indonesia and Thailand, as well as expand production in Maoming, China, and India in fiscal year 2011.”