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).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Lower net sales and profits resulted from declines in pulp export prices in overseas markets, lower sales volumes and export prices due to weaker paper demand, rising raw material and fuel prices, and higher fixed costs. Net income attributable to owners of the parent increased due to the decrease in impairment losses recognized in the previous year, among other factors.
Not applicable (no matters requiring disclosure under the going concern assumption)
| 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 | ¥110,386 million (YoY -0.6%) |
| Operating profit | ¥2,741 million (YoY -43.4%) |
| Ordinary income | ¥3,375 million (YoY -34.0%) |
| Profit attributable to owners of the parent | ¥2,440 million (YoY +38.6%) |
| Net income per share | ¥194.34 |
| Operating Margin | 2.5% |
| Equity ratio | End of the current fiscal period 50.3% / End of previous period 46.7% |
| Total assets | ¥119,086 million |
| Net assets | ¥59,952 million |
| Cash flows from operating activities | ¥4,671 million |
| Cash flows from investing activities | ¥-4,003 million |
| Cash flows from financing activities | ¥-4,792 million |
| Cash and cash equivalents at end of period | ¥4,882 million |
| Full-year earnings forecast | Net Sales ¥114,000 million (YoY +3.3%) / Operating profit ¥2,300 million (YoY -16.1%) / Ordinary income ¥2,700 million (YoY -20.0%) / Net income ¥1,600 million (YoY -34.4%) |
| Annual Dividend Forecast | ¥90.00 → ¥120.00（33.3%） |
| Payout ratio | 46.3% |
| Shareholder Return Policy | Consolidated dividend payout ratio of 30% and consolidated dividend on equity (DOE) of 2.5% |
| Segment revenue | Paper and Pulp Manufacturing Business ¥100,504 million (YoY -0.9%), Power Generation Business ¥5,660 million (YoY +0.7%), Other (outside reportable segments) ¥17,542 million (YoY +2.9%) |
| Segment profit | Paper and Pulp Manufacturing Business ¥1,692 million (YoY -53.8%), Power Generation Business ¥509 million (YoY -6.9%), Other (outside reportable segments) ¥491 million (YoY -9.7%) |
| Depreciation and amortization | ¥6,147 million |
| Impairment loss | ¥38 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥5 million, Gain on sale of non-current assets ¥5 million, Debt Forgiveness Gains ¥163 million, Other ¥9 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥167 million, Impairment Losses ¥38 million, Losses from natural disasters ¥44 million |
| Disclosure regarding the going concern assumption | Not applicable (no matters requiring disclosure under the going concern assumption) |
| 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 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 13,354,688 shares |
| Treasury Shares at Period-End | 789,320 shares |
| Factors Behind Changes in Business Performance | Lower net sales and profits resulted from declines in pulp export prices in overseas markets, lower sales volumes and export prices due to weaker paper demand, rising raw material and fuel prices, and higher fixed costs. Net income attributable to owners of the parent increased due to the decrease in impairment losses recognized in the previous year, 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.The company reported lower net sales and profits due to declines in pulp export prices in overseas markets, lower sales volumes and export prices resulting from weaker paper demand, rising raw material and fuel prices, and higher fixed costs. Net income increased, mainly because impairment losses recognized in the previous year decreased.