Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-47
Year-on-year change in operating profit (%)Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales314,466¥ millionYear on year +7.5%
Operating profit2,909¥ millionYear on year -47.0%
Ordinary income2,509¥ millionYear on year -54.8%
Net income attributable to owners of the parent-233¥ million
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit.
Net income per share△¥2.02
Financial position at period-end
Total assets1,759,255¥ million
of which net assets 547,597 ¥ millionEquity ratio 29.3%vs. prior year-end +0.1pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Segment revenuePaper and Paperboard Business ¥153,312 million (YoY +10.9%), Lifestyle-Related Business ¥126,637 million (YoY +8.5%), Energy Business ¥8,482 million (YoY -19.9%), Timber, Building Materials and Civil Engineering-Related Business ¥18,382 million (YoY -6.2%)
Segment profitPaper and Paperboard Business ¥-144 million, Lifestyle-Related Business ¥279 million (YoY -90.7%), Energy Business ¥13 million (YoY -97.8%), Timber, Building Materials and Civil Engineering-Related Business ¥2,019 million (YoY -32.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net SalesForecast value Undecided / Year-on-year change Not disclosed
Operating profitForecast value Undecided / Year-on-year change Not disclosed
Ordinary incomeForecast value Undecided / Year-on-year change Not disclosed
Net incomeForecast value Undecided / Year-on-year change Not disclosed
Revision to Earnings ForecastNet Sales Not disclosed → Undecided / Operating profit Not disclosed → Undecided / Ordinary income Not disclosed → Undecided / Net income Not disclosed → Undecided
Annual Dividend Forecast¥15 → ¥15（0.0%）
Factors Behind Changes in Business Performance
Net sales increased due to the initial consolidation of subsidiaries and the effect of translating the financial statements of overseas subsidiaries at a weaker yen. In the domestic business, operating profit was maintained through cost reductions and product price revisions despite higher raw material, fuel and personnel costs. In the overseas business, profits declined due to the delayed recovery of the Australian economy affecting Opal, as well as intensified competition and softer product market conditions at Nippon Dynawave Packaging.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 2 / Company name ダイヤトレーディング株式会社, Nippon Paper Chemicals Europe / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsA chemical tank collapsed at a plant of Nippon Dynawave Packaging, resulting in 11 deaths and 8 injuries and a production shutdown. The Yatsushiro Plant ceased operations after 9 deaths occurred as a result of the 2026 Kumamoto Earthquake. A resolution was passed to offer unsecured domestic straight bonds with an aggregate issue amount of up to ¥50 billion. Opal's bag-making business is scheduled to be transferred on 1 September 2026.
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of investment securities / Amount ¥1,759 million, Item Other / Amount ¥665 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥981 million, Item Other / Amount ¥1,068 million
Depreciation and amortization¥15,994 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End116,254,892 Shares
Treasury Shares at Period-End947,450 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥314,466 million (YoY +7.5%) |
| Operating profit | ¥2,909 million (YoY -47.0%) |
| Ordinary income | ¥2,509 million (YoY -54.8%) |
| Profit attributable to owners of the parent | ¥-233 million |
| Net income per share | △¥2.02 |
| Equity ratio | End of the current fiscal period 29.3 / End of previous period 29.2 |
| Total assets | ¥1,759,255 million |
| Net assets | ¥547,597 million |
| Full-year earnings forecast | Net Sales Forecast value Undecided / Year-on-year change Not disclosed / Operating profit Forecast value Undecided / Year-on-year change Not disclosed / Ordinary income Forecast value Undecided / Year-on-year change Not disclosed / Net income Forecast value Undecided / Year-on-year change Not disclosed |
| Revision to Earnings Forecast | Net Sales Not disclosed → Undecided / Operating profit Not disclosed → Undecided / Ordinary income Not disclosed → Undecided / Net income Not disclosed → Undecided |
| Annual Dividend Forecast | ¥15 → ¥15（0.0%） |
| Segment revenue | Paper and Paperboard Business ¥153,312 million (YoY +10.9%), Lifestyle-Related Business ¥126,637 million (YoY +8.5%), Energy Business ¥8,482 million (YoY -19.9%), Timber, Building Materials and Civil Engineering-Related Business ¥18,382 million (YoY -6.2%) |
| Segment profit | Paper and Paperboard Business ¥-144 million, Lifestyle-Related Business ¥279 million (YoY -90.7%), Energy Business ¥13 million (YoY -97.8%), Timber, Building Materials and Civil Engineering-Related Business ¥2,019 million (YoY -32.9%) |
| Depreciation and amortization | ¥15,994 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of investment securities / Amount ¥1,759 million, Item Other / Amount ¥665 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥981 million, Item Other / Amount ¥1,068 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 2 / Company name ダイヤトレーディング株式会社, Nippon Paper Chemicals Europe / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | A chemical tank collapsed at a plant of Nippon Dynawave Packaging, resulting in 11 deaths and 8 injuries and a production shutdown. The Yatsushiro Plant ceased operations after 9 deaths occurred as a result of the 2026 Kumamoto Earthquake. A resolution was passed to offer unsecured domestic straight bonds with an aggregate issue amount of up to ¥50 billion. Opal's bag-making business is scheduled to be transferred on 1 September 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 116,254,892 Shares |
| Treasury Shares at Period-End | 947,450 Shares |
| Factors Behind Changes in Business Performance | Net sales increased due to the initial consolidation of subsidiaries and the effect of translating the financial statements of overseas subsidiaries at a weaker yen. In the domestic business, operating profit was maintained through cost reductions and product price revisions despite higher raw material, fuel and personnel costs. In the overseas business, profits declined due to the delayed recovery of the Australian economy affecting Opal, as well as intensified competition and softer product market conditions at Nippon Dynawave Packaging. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Net sales increased due to the initial consolidation of subsidiaries and the effect of translating the financial statements of overseas subsidiaries at a weaker yen. Although the domestic business was affected by higher raw material, fuel and personnel costs, cost reductions and product price revisions had a positive effect. In the overseas business, profits declined due to the delayed recovery of the Australian economy affecting Opal and softer product market conditions resulting from intensified competition at Nippon Dynawave Packaging. The full-year forecast has been left undecided because the effects of the tank collapse at Nippon Dynawave Packaging and the damage to the Yatsushiro Plant caused by the Kumamoto Earthquake cannot be reasonably calculated.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.