Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearFor the interim period, net sales fell short of the forecast due to restrictions on exports of printing paper, a decline in export market prices for pulp, and overseas sales volumes of information paper falling short of target, while operating income and ordinary income exceeded the forecast due to cost reductions, including the purchase/sales price differential for raw materials and fuel, fixed-cost reductions and improved production efficiency. For the full year, the net sales forecast was revised downward due to lower sales volumes and a decline in export market prices for pulp, while the operating income and ordinary income forecasts were left unchanged in anticipation of higher raw material and fuel prices. The net income forecast was revised upward to reflect the impact of the partial return of assets from the retirement benefit trust.
Impairment losses on idle assets and earthquake-related losses at the Hachinohe Mill. Amount: Not disclosed.
| Item | Details |
|---|---|
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Reason for the revision | For the interim period, net sales fell short of the forecast due to restrictions on exports of printing paper, a decline in export market prices for pulp, and overseas sales volumes of information paper falling short of target, while operating income and ordinary income exceeded the forecast due to cost reductions, including the purchase/sales price differential for raw materials and fuel, fixed-cost reductions and improved production efficiency. For the full year, the net sales forecast was revised downward due to lower sales volumes and a decline in export market prices for pulp, while the operating income and ordinary income forecasts were left unchanged in anticipation of higher raw material and fuel prices. The net income forecast was revised upward to reflect the impact of the partial return of assets from the retirement benefit trust. |
| Details and amount of extraordinary loss | Impairment losses on idle assets and earthquake-related losses at the Hachinohe Mill. Amount: Not disclosed. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (8)
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.Interim net sales were affected by restrictions on exports of printing paper, a decline in export market prices for pulp, and overseas sales volumes of information paper falling short of target. On the earnings side, cost reductions, including the purchase/sales price differential for raw materials and fuel, fixed-cost reductions and improved production efficiency, contributed to results, while impairment losses on idle assets and earthquake-related losses at the Hachinohe Mill were also recorded. For the full year, the net sales forecast was revised downward due to lower sales volumes and a decline in export market prices for pulp, while the operating income and ordinary income forecasts were left unchanged in anticipation of higher raw material and fuel prices. The net income forecast was revised upward to reflect the impact of the partial return of assets from the retirement benefit trust.