Artience Co.ltd TSE:4634

Artience : Presentation data of Ink Business Briefing

Published February 25, 2026 at 1:09 a.m. UTC

Source: MarketScreener

‌Ink Business Briefing

TOYO INK CO., LTD.

Event Date：February 20 th ,2026

Materials Released on ：February 19 th, 2026

‌ Key Takeaways

Driving the Ink Business into a new growth phase through environmental innovation.

Being proactive in making strategic investment in growth markets in Japan and other countries.

Technologies developed through manufacturing

printing inks will create new value.

FY2025 Ink Business Briefing

‌Agenda

Packaging materials inks experiencing growth globally
Growth strategy for liquid inks
Environmentally friendly UV curable inks
Initiatives that contribute to a sustainable society
New expansion into new applications

‌Agenda
Packaging materials inks experiencing growth globally
Growth strategy for liquid inks
Environmentally friendly UV curable inks
Initiatives that contribute to a sustainable society

New expansion into new applications

‌Segments

Subsegments

Major Products

Major Applications

Packaging Materials

Liquid inks

Gravure inks

Flexographic inks

Flexible packaging

(Food packaging, Refill pouches) Buildings

Diapers, Cartons, Paper bag

Gravure printing systems and prepress

Gravure printing systems,

Gravure and flexographic plate making

Printing & Information	Offset inks (General inks)	Offset inks, Newspaper inks	Books, Newspaper, Flyers, Paper containers
	Functional inks	UV curable inks	Paper containers, Labels, Cards, Books
	Functional inks	Metal decorating ink	Beverage cans, Food can
		Screen inks	Electronics, Stickers
	Printing materials and machinery	Offset printing materials, printing machinery

FY2025 Ink Business Briefing

‌The Growth Potential of the Packaging Materials Inks Market

Packaging Materials Inks

Expansion of the packaging materials inks market
- The market is so stable that demand barely falls even amid an economic slowdown.
- The market expands mainly in emerging countries in
  proportion to population and economic growth.
- Environmental needs are expected to rise in the future. Japan's innovative technologies will now reach global markets!

Global Population Trends （Millions）

Japan & East Asia Southeast Asia India & Middle East

Europe North & Latin America

Africa

Projected Average GDP Growth Rates

・China :4.5% ・Japan :1.2%

・ASEAN :4.3% ・Middle East :3.8%

・India :6.8% ・Europe :2.5%

・Europe :2.5% ・Latin America :2.4%

・Africa :4.0%

・North America :2.0%

0 2,500

0 500 1,000 1,500 2,00

2022 2030

Source: UN WPP 2024

FY2025 Ink Business Briefing

‌Packaging Materials Inks Market Size

Packaging Materials Inks

【Paper Packaging Applications】

UV Inks + Offset Inks

【Flexible Packaging

Applications】 Liquid Inks

130

120

110

100

Domestic Market（Thousand Tons）

1,500

1,400

1,300

1,200

1,100

1,000

Global Market（Thousand Tons）

250

225

200

175

150

125

80 5

2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

Sales volume of inks for flexible packaging

Sales volume of inks for paper packaging materials

900

2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

Sales volume of inks for flexible packaging

Sales volume of inks for paper packaging materials Fuji Keizai Co., Ltd.: Overview of Printing Ink-Related Markets with Ongoing Environmental Response 2023; and estimates by artience.

100

FY2025 Ink Business Briefing

‌artience's Technological Capabilities

Core technologies for inks

TOYO INK CO., LTD.

TOYOCHEM CO., LTD.

TOYO COLOR CO., LTD.

顔料の色材技術

Materials and technologies related to printing

Dispersion technologies and addition of functions

TOYO INK CO., LTD.

Packaging materials inks

Polymer resin synthesis technologies

TOYO FPP CO., LTD.

Gravure and flexographic plate making

Pigment(color) synthesis technologies

Toyo-Morton, Ltd.

Laminating

adhesives

FY2025 Ink Business Briefing

‌Agenda

Packaging materials inks experiencing growth globally
Growth strategy for liquid inks
Environmentally friendly UV curable inks
Initiatives that contribute to a sustainable society
New expansion into new applications

‌artience's Strength in Packaging Materials Inks Market

Market share in the Japanese gravure ink market
- Active promotion of environmentally friendly products
  Rolling out biomass inks and water-based inks to the market ahead of the competition as an industry-leading company.
- Sophisticated technological
  capabilities to respond to needs
  Designing products that respond to market needs and that provide user-friendliness.
  artience holds the largest market share
  in the Japanese gravure ink market.
  (Also in the markets of lamination inks and adhesives for packaging materials.)
  The market shares reflect data based on artience's independent research in 2025.
  FY2025 Ink Business Briefing
  10
  
  ‌Differences between Packaging Materials Inks Used Overseas
  Europe and US
  · A broad range of packages exist, including gravure-, flexo-, surface- and back-printed packages.

Asia

· Gravure- and back-printed packages are the mainstream.

*NC inks

Urethane inks

Design philosophy: Optimizing operation efficiency

Design philosophy: Optimizing high physical properties and high resistance

High physical properties

A single type holding heat resistance and resistance to retorting

Customers customize colors and physical properties.

They produce the necessary quantity of inks when they need them.

-> Paving the way for reducing inks in stock and shortening delivery lead times

*NC: Nitrocellulose

Retort pouched products

NC base ink (for color)

Technical varnish (for physical properties)

Refill

Final ink

Snacks

NC inks enable flexible on-demand production. Urethane inks: Suited for various applications

FY2025 Ink Business Briefing

‌Capital Investment in Growing Markets and artience's Market Shares

Active investment in priority areas

Turkey

Production capacity will be increased 1.7x.

China

Production capacity

has increased 1.7x.

Japan

Middle East

India

China

Japan

Production capacity has increased 1.2x.

Africa

ASEAN

India

Production capacity

will be increased 1.5x.

Overseas: Invest in the growing India market and in key Turkey and China markets to expand overseas businesses!
Japan: Introduce smart factories to accelerate workstyle reform, even though it is a mature market!

=> The Packaging Segment targets a 30% increase in global operating profit by 2030.

The market shares reflect data based on artience's independent research in 2025.

FY2025 Ink Business Briefing

‌Agenda

Packaging materials inks experiencing growth globally
Growth strategy for liquid inks
Environmentally friendly UV curable inks
Initiatives that contribute to a sustainable society
New expansion into new applications

‌Characteristics and Applications of UV curable Inks

Difference between UV curable inks and oil-based inks

Advantages of UV curable inks

UV inks

Pigments

Oil-based inks

Pigments

Rise of UV printing

Resins

(polyesters)

Photosensitive monomer

Instant

curing

Resins (rosins)

High boiling

point solvent

High productivity

UV rays

Improving work environment Reducing environmental impact

Solvent-free materials

Image courtesy of IWASAKI ELECTRIC CO., LTD.

Photopolymeriza tion initiators

Oil

Vegetable oil

Durability

Base material

Auxiliary agent Auxiliary agent

Containing solvent ingredients

Printable both on paper and on plastics

FY2025 Ink Business Briefing 14

‌Characteristics and Applications of UV Curable Inks

UV curable inks are used in many different applications

to capitalize on their advantages.

[Cards]

[Paper

packaging materials]

[Commercial printing,

[Commercial printing, information

[Clear files and cases] [Stickers and labels]

information and publication]

[Plastic cups]

[Business forms]

[Bottle caps]

and publication]

These applications represent the largest share of ink consumption.
Ongoing substitution from solvent-based inks supports further growth.

=> This enables us to maintain our

No.1 market share.

[Paper packaging materials] [Cards]

[Stickers and labels]

[Plastic cup]

Major applications are food, pharmaceuticals and cards. Demand

Demand is stable and on the increase.

They are artience's focus areas.

is stable.

=> Continuously increase market

shares in these focus areas.

FY2025 Ink Business Briefing

‌Global UV curable Inks Market Size

75,000

65,000

Global

150,000

135,000

120,000

(ton)

North America Europe

China Japan

55,000

45,000

35,000

25,000

15,000

5,000

North America

Europe

China

Japan

2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

105,000

90,000

75,000

60,000

45,000

30,000

15,000

Global

Fuji Keizai Co., Ltd.: Overview of Printing Ink-Related Markets with Ongoing

Environmental Response 2023; and estimates by artience

[Overseas]

The global market is expected to expand steadily through 2030 (CAGR: approx. 3%).

FY2025 Ink Business Briefing

[Japan] From 2026 onward, the overall market is expected to decline marginally, as the shift to UV curable inks in commercial printing reaches maturity. However, demand for packaging and label applications is expected to remain firm.

‌Initiatives for UV Printing Market

Business continuity, competitiveness in winning orders and response to risks

Initiatives of printing companies

Visualization of environmental consideration, added value and differentiation

Introduction of energy-efficient printing equipment

Adoption of environmentally friendly materials

Active capital investment is made in LED lamps, smaller-sized printing machines and other equipment with lower energy consumption.

Active adoption is made of FSC-certified paper produced through sustainable forest management and biomass inks made from biomass materials.

UV printing

Image courtesy of

IWASAKI ELECTRIC CO., LTD.

LED-UV printing

Image courtesy of

IWASAKI ELECTRIC CO., LTD.

Use

Absorption

Incineration

Oil resources

Running out

Photosynthesis

Biomass packaging

materials

Use

Processing

Plant-based

raw materials

Growing again

Carbon

neutrality

FY2025 Ink Business Briefing

‌Strengths of artience's UV curable inks Business

Next-generation UV curable inks that match the needs of printing companies

~ Biomass inks compatible with LED lamps ~

High affinity with

LED lamps

Instantly cure even with low irradiance LED lamps.

Image courtesy of IWASAKI ELECTRIC CO., LTD.

Made with bio- Contain 10% or more renewable bio-derived raw materials.

derived raw materials

Biomass materials used in printing inks

Our strengths

Technology development capabilities as a pioneer in the
LED ink market
Competitiveness achieved through the in-house production of unique key materials and quality differentiation (curability, printability).

FY2025 Ink Business Briefing

‌artience's Share of the LED UV curable Inks Market

LED UV printing markets in key areas overseas

Europe China

North America

Japan

No1 share (25%) of global

LED energy UV curable inks market.

Data based on artience's own research results in 2025

artience targets a 60% increase in global operating profit from its UV curable inks products by FY2030.

FY2025 Ink Business Briefing

‌Agenda

Packaging materials inks experiencing growth globally
Growth strategy for liquid inks
Environmentally friendly UV curable inks
Initiatives that contribute to a sustainable society
New expansion into new applications

‌Future Packaging Materials Trends

✔The Future of Packaging : Packaging as a Resource

Ink

Lamination adhesive (normal)

Under the previous configuration, the

recycling of clear plastic was difficult.

Sealant film

（CPP,PE）

Surface film

（OPP,PET,NY）

Previous configuration (example)

Deinking

coating agent Ink

Lamination adhesive (for peeling off)

Added on

Replaced

Peeling ・

deinking

Before

deinking

collection

Surface film（OPP） Sealant film

（CPP,PE）

Ink

Washed off

After

deinking

Sealant film

（CPP,PE）

Surface film

（OPP,PET,NY）

Peeling and deinking configuration

FY2025 Ink Business Briefing

Development of processes and production machines for washing, deinking, separating and recycling different materials, etc., for the realization of higher quality plastic recycling

Conclusion of joint development agreements with AIKAWA Iron Works Co., Ltd. and HAGIHARA INDUSTRIES INC.

‌Example of Specific Initiative Applying Peel and Deinking Recycling Technologies

First commercialized refill packages with improved recyclability

Deinking coating agent Easy peel laminate adhesive

Production and use of packaging and molded products applying peel and deinking technologies

Surface film layer

(nylon, PET, etc.) Easy peel

adhesive

Converter Brand owner Retailer

technology bear a yellow mark

Refill packs incorporating this

Polyethylene film (to be recycled)

Approx. 150 μm

Cross-sectional structure of refill pack with improved recyclability

Alkali treatment

When film is peeled off

Polyethylene film (to be recycled)

Surface film layer

(nylon, PET, etc.)

Recycler

Peeling and deinking processes

User

Materials provided by Lion Corporation

Demonstration experiment at pilot plant

artience's recycling vision

= High quality recycled materials

FY2025 Ink Business Briefing

‌Agenda

Packaging materials inks experiencing growth globally
Growth strategy for liquid inks
Environmentally friendly UV curable inks
Initiatives that contribute to a sustainable society
New expansion into new applications

‌Application of Our Technologies to New Markets

Building a track record as a newcomer in the optoelectronics market

Removing flare and ghosts

Low reflection inks

Screen inks, various printing technologies

Screening printing, pad printing, dispenser printing, etc.
Technologies enabling special decoration and design effects Wider application of existing technologies

Reflectance of less than 1% Excellent light-

shielding properties

Optical control

technologies

Light shielding, reflection control
Infrared permeable ink

Wavelength control
Knowledge related to industrial materials
High durability (construction materials, automotive materials)
Compatible with a wide range of base materials
Coating applied to the lens edge and the inner side of the lens barrel and prime lens
Covers infrared
Reflection from lazer pointer
Reflection occurs No reflection
cameras and sensors, achieving both design and functionality
Ink that looks black and is permeable to infrared light
Face recognition system for smartphones, smart door locks, etc.
Commercialized in 2024;
Driver monitoring system (DMS)
Wavelength control
Reflection control
Targeting 2x Sales by 2026 24
FY2025 Ink Business Briefing

‌Application of Our Technologies to New Markets
Sensor devices incorporating printed electronics technologies
Semiconductor materials design technologies
- Technology for lowering resistance through the dispersion of high concentration conductive filler
  Air temperature

Technology that balances electrical properties with the viscoelasticity necessary for printing

Design of sensor devices that meet market needs

Water level

Humidity

Sensor

Water temperature

smartphones

PCs, tablets,

Applying the technologies we have developed

to challenge in the sensor business!

Sensing changes in temperature, humidity, strain, etc.

POC Example: Rice paddy water level sensor

Support pillar

Communication module

Technologies for forming sensor electrodes and circuits

Fine pattern printing technology
Knowledge about substrate adhesion/lamination
System of wide cooperation
Co-creation through industry-academia collaboration
Collaboration with device manufacturers

Water temperature sensor

Issues facing rice production

Decline in producers (aging)
Expansion of managed areas
Complexity of water level management for each growing season (control of pests such as giant snails)

Development of high-precision sensors capable of centimeter-level accuracy control

Devices

Temperature

and humidity sensor

Water layer

Sensor

Mud layer

Hard layer

Protection of rice from pests
Improvement of harvests
Increase in income from J-Credits through

reduction of methane gas emissions

Circuit printing Sensor electrode Sensor device

Continuing to conduct demonstration experiments with farmers and farming corporations aiming for social implementation in 2027

Improvement of added value through increase in processing

FY2025 Ink Business Briefing 25

‌Our promise for the future

(billion yen)

FY2025 Ink Business Briefing

As a leading company, we will deliver value beyond expectations.

We target a 50% increase in global operating profit in the ink business by 2030.