Commemorative photo taken after the contract signing ceremony held in Tokyo on June 23, 2026. (From left) Tomokatsu Ishida, Representative Director of Youth Inc., Kenichi Nozawa, Chairman of Asahi Inc.
Youth Inc. (Headquarters: Sayama City, Saitama Prefecture, Representative Director: Tomokatsu Ishida, hereinafter "Youth"), which handles the manufacturing of wooden packaging materials and packing agency services, acquired all shares of Asahi Inc. (Headquarters: Adachi Ward, Tokyo, Representative Director: Kenichi Nozawa, hereinafter "Asahi"), a pioneer in quilted packaging materials, on June 23, 2026, making it a group company.
Youth focused on Asahi's products, including the "Fit Cover," a stretchable quilt highly regarded in the moving and logistics industries, and pursued this M&A to further expand its packaging and packing business.
Under the new structure, Tatsuya Ishida, Senior Managing Director of Youth, will become the Representative Director and President of Asahi, and Kenichi Nozawa will serve as Chairman. We will pass on the technology and know-how cultivated over 60 years to the next generation and respond to a wider range of packaging and packing needs.
▍Youth has steadily expanded its packaging and packing business
Since its establishment in 1970, Youth has focused on manufacturing wooden packaging materials and providing packing agency services. The company also continues to do business with many companies, primarily within Saitama Prefecture, as the first Askul sales agent in Saitama.
Furthermore, Youth has expanded its business in the packaging and packing field by welcoming Takahashi Processing Co., Ltd. (Shiraoka City, Saitama Prefecture), which handles food packaging processing, in March 2023, and Koike Kogyo Co., Ltd. (Satte City, Saitama Prefecture), which handles label and shrink processing, in March 2026, into its group.
Wooden packaging materials manufactured by Youth Youth's headquarters factory manufacturing wooden packaging materials
▍Meeting a wider range of needs with "Fit Cover" that supports moving and logistics
Stretchable quilt "Fit Cover" (reusable packaging material) Asahi's sewing base "J Quilt Factory" (Noda City, Chiba Prefecture)
Asahi, founded in 1965 and joining the group this time, is a specialized manufacturer of quilted packaging materials. Its flagship product, "Fit Cover," has been popular in the moving and logistics industries for approximately 48 years due to its elastic quilting that fits various shapes of cargo and its reusability.
Youth will further broaden its range of proposals to customers by leveraging Asahi's technology and products, which offer high elasticity and durability, supporting cargo protection and packing operations.
▍Maintaining employment and bases, aiming for further growth with a new structure
(From left) Tatsuya Ishida, Representative Director and President of Asahi Inc., Tomokatsu Ishida, Representative Director and President of Youth Inc., Kenichi Nozawa, Chairman of Asahi Inc., Norie Mizui, Director
All employees and bases of Asahi will be maintained.
In the new management structure, Kenichi Nozawa, Representative Director of Asahi, will assume the role of Chairman, and Tatsuya Ishida, Senior Managing Director of Youth, will become the Representative Director and President. We aim for further growth by passing on the technology and know-how cultivated over 60 years to the next generation.
▍Representative Comments
Tatsuya Ishida, Representative Director and President of Asahi Inc.
I have been appointed Representative Director and President of Asahi Inc.
I will inherit the technology cultivated over 60 years and the manufacturing spirit that our employees have continued to protect, deliver Asahi's products to more customers, and take on new challenges without being bound by convention.
Kenichi Nozawa, Chairman of Asahi Inc.
I feel encouraged to start with a new structure.
I express my gratitude to our customers and business partners who have supported us, and as Chairman, I will support President Ishida and do my best to further develop Asahi Inc.
▍Future Outlook
With this group integration, we will be able to handle everything from wooden packaging materials, food packaging processing, and label/shrink processing to quilted packaging materials.
We will continue to strengthen our business foundation in the packaging and packing field and aim to become a corporate group that can meet the diverse needs of our customers.
▍About Youth Inc.
Youth Inc. Logo Headquarters Factory Representative Director and President Tomokatsu Ishida Wooden packaging materials
Location
1-13 Shinyasayama, Sayama City, Saitama Prefecture
- Headquarters Factory: 1-13 Shinyasayama, Sayama City, Saitama Prefecture
- Kawagoe Factory: 2-8-23 Yoshino-dai, Kawagoe City
Representative
Tomokatsu Ishida, Representative Director and President
Capital
50,000,000 yen
Founded
September 1970
Number of Employees
100
Business Activities
Sales/Packaging materials, logistics equipment, environmental equipment, OA equipment
Manufacturing/Wooden boxes, pallets, woodwork
Services/Internal and external packing, packaging, inspection, assembly, and other factory work agency services
M&A Achievements
March 2023: Takahashi Processing Co., Ltd. (Shiraoka City, Saitama Prefecture)
March 2026: Koike Kogyo Co., Ltd. (Satte City, Saitama Prefecture)
Website
https://www.youthinc.co.jp
▍About Asahi Inc.
Asahi Inc. Logo Sewing base "J Quilt Factory" Representative Director and President Tatsuya Ishida Stretchable quilt "Fit Cover"
Location
2-2-1 Tsubaki, Adachi Ward, Tokyo
- J Quilt Factory: 397-5 Nanako-dai, Noda City, Chiba Prefecture
- Kawaguchi Logistics Center: 1-21-13 Akai, Kawaguchi City, Saitama Prefecture
Representative
Tatsuya Ishida, Representative Director and President
Capital
10,000,000 yen
Founded
December 1965
Business Activities
Manufacturing and sales of quilted products
Sales of packaging materials and logistics equipment
Processing, manufacturing, and sales of felt products and other related items
Website
https://www.asahi-m.co.jp
Company Overview
Company Name: Youth Inc.
Address:〒350-1331
1-13 Shinyasayama, Sayama City, Saitama Prefecture
Founded: September 1970
Representative: Tomokatsu Ishida, Representative Director and President
Business Activities:
- Sales/Packaging materials, logistics equipment, environmental equipment, OA equipment
- Manufacturing/Wooden boxes, pallets, woodwork
- Services/Internal and external packing, packaging, inspection, assembly, and other factory work agency services
▶ Official Website URL: https://www.youthinc.co.jp/
▶ Facebook: https://www.facebook.com/profile.php?id=100064880732949#
▶ Instagram: https://www.instagram.com/youth_inc_official/
FACT BOX
- Source: PR TIMES
- Category: M&A