Making Alpac Forest Products and Other Companies Consolidated Subsidiaries
First written in FY2017-Q1. 5 of 13 entries say "Worsened", first in FY2021. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07WorsenedFinancial results
「Revenue and operating profit declined due to declining pulp prices at overseas subsidiaries and other factors.」
Declining pulp prices at overseas subsidiaries were again cited as a factor behind lower revenue and profit in the Pulp and Paper Business. - FY2026Lower sales and earnings at overseas subsidiaries due to weaker pulp market conditions and lower sales volumesAnnual report
「Pulp sales declined due to lower pulp prices and sales volumes in overseas markets.」
In the overseas pulp business, including Alberta-Pacific, lower pulp prices and sales volumes reduced sales, and the company posted an ordinary loss of ¥4,549 million and a net loss of ¥3,440 million. - FY2025MitigatedAnnual report
「The paper and pulp business reported higher sales and earnings, owing to increases in export sales volumes and prices, higher pulp selling prices at overseas subsidiaries and other factors.」
The situation changed from lower sales and earnings due to falling pulp selling prices at overseas subsidiaries, as noted for the previous interim period, to higher sales and earnings due to higher selling prices and other factors. - FY2025-H1WorsenedAnnual report
「Due mainly to lower pulp selling prices at overseas subsidiaries,」
In the pulp business, including overseas subsidiaries such as Alberta-Pacific, lower selling prices and other factors led to lower sales and earnings for the interim period. - FY2024Lower sales and earnings due to falling pulp selling pricesAnnual report
「In the Canadian market pulp business, sales volumes increased as the previous year's restrictions on local rail freight operations were lifted. However, lower global pulp prices resulted in lower sales and earnings.」
Alberta-Pacific's sales volumes recovered, but lower global pulp prices resulted in lower sales and earnings. - FY2023RestatedAnnual report
「In the Canadian market pulp business, sales volumes declined because the COVID-19 pandemic led to restrictions on local rail freight operations. However, strong global pulp market conditions supported a sharp increase in selling prices, resulting in higher sales and earnings.」
At Alberta-Pacific, sales volumes declined because of restrictions on rail freight operations, but higher pulp prices resulted in higher sales and earnings. - FY2022MitigatedAnnual report
「The pulp business of Canada’s Alberta-Pacific Forest Industries Inc. has significantly supported the Group’s consolidated net sales and earnings, owing to steady pulp sales to North America as international pulp prices recovered, as well as its power sales business supported by the construction of waste heat recovery facilities for the recovery boiler and the strengthening of its logistics system.」
The situation has changed from the decline in earnings caused by falling pulp prices noted in the previous fiscal year to one in which pulp price recovery, the power sales business and strengthened logistics operations are supporting consolidated sales and earnings. - FY2021Earnings decline due to lower pulp pricesAnnual report
「The pulp business of Canada’s Alberta-Pacific Forest Industries Inc. saw earnings decline due to lower pulp prices. However, the company is pursuing various measures to secure stable long-term earnings that can withstand fluctuations in pulp market conditions, including the power sales business supported by the construction of waste heat recovery facilities for the recovery boiler and the strengthening of its logistics system.」
While Alberta-Pacific’s earnings declined due to lower pulp prices, it is pursuing measures to secure stable earnings through its power sales business and a stronger logistics system. - FY2018AdvancedAnnual report
「In Canada, Alberta-Pacific Forest Industries Inc. recorded its highest-ever production volume amid a sharp recovery in market conditions and made a major contribution to the Group’s earnings growth through higher selling prices and increased sales volumes. Going forward, the company will switch transportation of key chemicals from trucks to railcars to achieve further reductions in transportation costs, while strengthening pulp sales, primarily in North America as well as in China, Japan and South Korea.」
The company states that, following its conversion into a consolidated subsidiary, Alberta-Pacific achieved record production volumes and contributed to earnings growth, while advancing the switch to rail transportation and efforts to strengthen sales. - FY2017ReframedAnnual report
「In addition to its existing core businesses in printing paper, white paperboard, specialty paper and paper processing, the company has positioned Canada’s Alberta-Pacific Forest Industries Inc. as its fifth core business. It is pursuing further competitiveness by improving scheduled maintenance methods, changing transportation methods and taking other measures.」
The company has broadened Alberta-Pacific’s role from that of a mere consolidated subsidiary to its fifth core business, with a focus on strengthening competitiveness through reviews of scheduled maintenance and transportation methods. - FY2017-Q3RestatedAnnual report
「As a result of Alberta Pacific Forest Industries Inc. becoming a consolidated subsidiary, the Group’s results for the first nine months of the current consolidated fiscal year were net sales of ¥196,342 million, up 11.3% year on year, operating profit of ¥8,873 million, up 77.5%, ordinary profit of ¥9,812 million, up 110.6%, and profit attributable to owners of the parent of ¥6,957 million, up 174.7%.」
The company has reiterated that Alberta Pacific’s becoming a consolidated subsidiary contributed to results, but does not mention any new integration milestone. - FY2017-Q2AdvancedAnnual report
「Alpac Forest Products Inc. and Alpac Pulp Sales Inc. merged, effective 1 July 2016, to form Alberta Pacific Forest Industries Inc. as the surviving company.」
The merger integrating Alpac Forest Products and Alpac Pulp Sales was carried out on 1 July 2016, and the resulting company, Alberta Pacific Forest Industries Inc., became a consolidated subsidiary. - FY2017-Q1First statedAnnual report
「The decline in raw material and fuel prices associated with the stronger yen and the consolidation of Alpac Forest Products Inc. and Alpac Pulp Sales Inc. as subsidiaries resulted in net sales of ¥66,148 million, up 15.3% year on year; operating income of ¥3,576 million, up 176.4%; ordinary income of ¥2,261 million, down 17.2%; and profit attributable to owners of the parent of ¥2,193 million, up 20.9%, for the first quarter of the fiscal year.」
The consolidation of Canada’s Alpac Forest Products Inc. and Alpac Pulp Sales Inc. is cited as a factor affecting results.