Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPThe 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. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in million yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Lower raw material and fuel costs and cost-reduction benefits in the Germany business had a positive impact, but operating income declined due to losses related to the earthquake off the eastern coast of Aomori Prefecture, an increase in the number of major scheduled repairs at the Hachinohe Plant, equipment troubles caused by aging facilities, and lower sales volumes in the Germany business, among other factors.
No applicable matters. The filing states, "There are no applicable matters."
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | 157,455 million yen (YoY -10.5%) |
| Operating profit | 264 million yen (YoY -94.2%) |
| Ordinary income | 1,720 million yen (YoY -62.2%) |
| Profit attributable to owners of the parent | 1,900 million yen (YoY -56.2%) |
| Net income per share | ¥43.37 |
| Operating Margin | Current fiscal year 0.2 ％ / Previous period 2.6 ％ |
| Equity ratio | End of the current fiscal period 46.3％ / End of previous period 40.9％ |
| Total assets | 222,776 million yen |
| Net assets | 103,185 million yen |
| Cash flows from operating activities | 5,223 million yen |
| Cash flows from investing activities | 1,601 million yen |
| Cash flows from financing activities | -8,303 million yen |
| Cash and cash equivalents at end of period | 4,895 million yen |
| Full-year earnings forecast | Net Sales 175,000 million yen (YoY +11.1%) / Operating profit 6,000 million yen / Ordinary income 6,000 million yen (YoY +248.8%) / Profit attributable to owners of the parent 6,500 million yen (YoY +242.0%) |
| Annual Dividend Forecast | ¥15 per share → ¥20 per share（+33.3%） |
| Payout ratio | 34.6 |
| Segment revenue | Functional Products Business 78,449 million yen (YoY -11.0%), Paper Materials Business 80,030 million yen (YoY -10.3%), Engineering Business 5,212 million yen (YoY +17.1%) |
| Segment profit | Functional Products Business 2,370 million yen (YoY -29.0%), Paper Materials Business -2,113 million yen, Engineering Business 166 million yen (YoY +127.6%) |
| Depreciation and amortization | 5,521 million yen |
| Impairment loss | 266 million yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on disposal of fixed assets 3 million yen, Gain on sale of investment securities 4,125 million yen / Extraordinary loss Losses on disposal of fixed assets 285 million yen, Impairment Losses 266 million yen, Losses from natural disasters 752 million yen, Business restructuring expenses 1,719 million yen |
| Disclosure regarding the going concern assumption | No applicable matters. The filing states, "There are no applicable matters." |
| 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 0 companies / Excluded 0 companies |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 44,741,433 Shares |
| Treasury Shares at Period-End | 933,254 Shares |
| Factors Behind Changes in Business Performance | Lower raw material and fuel costs and cost-reduction benefits in the Germany business had a positive impact, but operating income declined due to losses related to the earthquake off the eastern coast of Aomori Prefecture, an increase in the number of major scheduled repairs at the Hachinohe Plant, equipment troubles caused by aging facilities, and lower sales volumes in the Germany business, among other factors. |
Items this document does not state (4)
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.Lower raw material and fuel costs and cost-reduction benefits in the Germany business had a positive impact, but operating income was weighed down by losses related to the earthquake off the eastern coast of Aomori Prefecture, an increase in the number of major scheduled repairs at the Hachinohe Plant, equipment troubles caused by aging facilities, and lower sales volumes in the Germany business. Net income benefited from gains on the sale of policy-held shares and other factors, despite the recognition of restructuring costs for the Germany business.