Revenue distribution by sectors:

• Packaging: approx. 70%
• Paper products: approx. 20%
• Other: approx. 10%

TOP 3 markets and their percentage shares:

• Japan: approx. 60%
• China: approx. 20%
• USA: approx. 10%

Rengo Co., Ltd. is strongly rooted in the packaging industry, with the majority of revenues coming from this sector. The Japanese market remains the largest and most important for the company, followed by China and the USA. These markets offer significant growth opportunities due to their size and demand for packaging solutions.

Production sites of Rengo Co., Ltd.:

Rengo Co., Ltd. is a Japanese company mainly engaged in the production of packaging materials. The company's production facilities are primarily located in Japan, where it operates a variety of factories to manufacture corrugated cardboard, cartons, and other packaging solutions.

In addition, Rengo has expanded its production capacities internationally, especially in Asia. The company operates plants in countries such as China, Thailand, and Vietnam to meet the demand in these markets and optimize supply chains.

This international presence enables Rengo to efficiently deliver its products to global customers while also addressing regional market requirements.

Revenue Growth: Estimated 5% annually (2025-2026) Investments in Sustainability: 20% of capital (2026)

Rengo Co., Ltd. pursues a strategy that strongly focuses on sustainable growth and innovation. The company invests significantly in environmentally friendly packaging solutions to meet the increasing demands for sustainability. These investments account for about 20% of the capital and are intended to help secure market leadership in the field of eco-friendly packaging.

In addition, Rengo is focusing on expanding into international markets, particularly in Asia and North America, to capitalize on the growing demand for packaging solutions in these regions. Through strategic partnerships and acquisitions, the company plans to expand its production capacities and product portfolio.

Continuous improvement of operational efficiency and the implementation of digital technologies to optimize the supply chain are further key components of Rengo's growth strategy.

Main raw materials: Pulp, waste paper

Main importing countries: USA, Canada, Indonesia

Rengo Co., Ltd. is a leading company in the packaging industry that mainly produces paper products. The main raw materials imported by Rengo are pulp and waste paper. These materials are crucial for the production of corrugated board and other paper packaging.

The USA and Canada are significant suppliers of pulp, as they have large forest resources and a well-developed pulp industry. Indonesia is also an important supplier, especially for pulp, due to its extensive plantation agriculture.

Rengo optimizes its supply chain to reduce costs and improve sustainability by relying on certified and environmentally friendly sources.

Market Share: 20% (estimated, 2026)
EBITDA Margin: 12% (2025)
R&D Expenses: 3% of revenue (2025)

Rengo Co., Ltd. is a leading company in the packaging industry in Japan and has a significant estimated market share of 20%. This gives the company a solid competitive advantage in a highly fragmented market.

The EBITDA margin of 12% shows that Rengo operates efficiently and is able to achieve stable profits. This is particularly important in a sector that is often influenced by price pressure and high raw material costs.

Rengo invests approximately 3% of its revenue in research and development, indicating a continuous innovation strategy. These investments help the company to develop new products and strengthen its market position, especially in areas such as sustainable packaging solutions.

Overall, Rengo Co., Ltd. possesses a strong competitive advantage supported by its market leadership, operational efficiency, and innovation capabilities.

Institutional Investor Share: 45% (estimated, 2026)
Insider Buys/Sells: No significant transactions reported (2025)

The institutional investor share in Rengo Co., Ltd. is estimated to be around 45%. This reflects the confidence of institutional investors in the company's long-term stability and growth potential.

Regarding insider transactions, no significant buys or sells were reported last year. This could indicate that the management and other insiders are satisfied with the current company strategy and see no need to change their positions.

Market share of Rengo Co., Ltd.: Estimate 12% (2026)

Main competitors and their market shares:

1. Nippon Paper Industries Co., Ltd.: Estimate 15%
2. Oji Holdings Corporation: Estimate 14%
3. Mitsubishi Paper Mills Limited: Estimate 10%
4. Daio Paper Corporation: Estimate 9%
5. Hokuetsu Corporation: Estimate 8%

Rengo Co., Ltd. is one of the leading providers in the paper and packaging industry in Japan. Rengo's market share is approximately 12%, making it one of the largest players in this sector. However, the market is highly fragmented, and the competition is intense.

Rengo Co., Ltd.'s moat is based on its established market position, wide range of products, and strong customer loyalty. The company has invested in sustainable packaging solutions in recent years, giving it a certain competitive advantage.

Compared to its competitors, Nippon Paper Industries has a slight advantage due to its larger production capacity and international presence. Oji Holdings Corporation is also well positioned, especially through its diversification into other business areas.

Overall, Rengo has a solid but not insurmountable moat. The competitive advantage could be strengthened through further investments in innovation and sustainability to differentiate itself from competitors.

Revenue Growth: 3.8% (2025) EBITDA Margin: 12.5% (2025) Debt Ratio: 0.45 (2025)

Rengo Co., Ltd. recorded a moderate revenue growth of 3.8% in 2025. This indicates a stable business development supported by solid demand in its core markets. The EBITDA margin of 12.5% shows that the company operates efficiently and is able to control its operating costs well.

The debt ratio of 0.45 is relatively low, indicating a conservative financial strategy that provides the company with financial flexibility. This could enable Rengo Co., Ltd. to invest in growth projects or better withstand economic downturns.

In summary, Rengo Co., Ltd. appears to be a potentially good investment due to its stable financial indicators and solid operational performance, especially for investors who value stability and long-term security.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Continuous payout over the last 5 years

Rengo Co., Ltd. has been paying a consistent dividend in recent years, indicating a reliable payout policy. The dividend yield for 2026 is estimated to be around 2.5%, based on historical payouts and current market trends.

The company has a solid financial foundation and shows a tendency towards stability, making it likely to continue its dividend policy. Therefore, investors can rely with some certainty on the dividend payments from Rengo Co., Ltd.