Revised forecast
Fiscal year ending March 2027 · Full year (also disclosing the variance from actual results for the cumulative second quarter)Previous forecast published 23 July 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
During the interim period, net sales increased due to the weaker yen, which progressed beyond expectations, among other factors, while operating income and ordinary income exceeded expectations as a result of profitability improvement measures, including price revisions. Extraordinary income and losses, including a gain on the transfer of goodwill, insurance proceeds related to an equipment accident, and the cost of restoring the related equipment, were also recognized. For the full year, the forecast was revised based on results through the interim period exceeding expectations, despite expectations of adjustments to high-margin products, higher costs due to soaring raw material and fuel prices, increased development activity, and dismantling costs for equipment and other assets within the plants.
A portion of the gain related to the transfer of goodwill accompanying the structural reforms of the functional sheet business and the papermaking unit was recognized as extraordinary income. Insurance proceeds related to an equipment accident and the cost of restoring the related equipment were recognized as extraordinary income and losses. Amount: Not disclosed.
| Item | Details |
|---|---|
| Net Sales | 38,600 million yen → 38,900 million yen（+0.8%） |
| Operating profit | 1,600 million yen → 2,000 million yen（+25.0%） |
| Ordinary income | 1,700 million yen → 1,900 million yen（+11.8%） |
| Profit attributable to owners of the parent | 700 million yen → 1,250 million yen（+78.6%） |
| Net income per share | 71.38 Yen and sen → 127.19 Yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year (also disclosing the variance from actual results for the cumulative second quarter) |
| Publication date of previous forecast | 23 July 2026 |
| Previous-period results | Full year: net sales ¥35,552 million, operating income ¥1,618 million, ordinary income ¥1,853 million, net income attributable to owners of the parent ¥945 million, earnings per share ¥95.40. Cumulative second quarter: net sales ¥17,161 million, operating income ¥955 million, ordinary income ¥1,024 million, interim net income attributable to owners of the parent ¥572 million, interim earnings per share ¥57.25. |
| Reason for the revision | During the interim period, net sales increased due to the weaker yen, which progressed beyond expectations, among other factors, while operating income and ordinary income exceeded expectations as a result of profitability improvement measures, including price revisions. Extraordinary income and losses, including a gain on the transfer of goodwill, insurance proceeds related to an equipment accident, and the cost of restoring the related equipment, were also recognized. For the full year, the forecast was revised based on results through the interim period exceeding expectations, despite expectations of adjustments to high-margin products, higher costs due to soaring raw material and fuel prices, increased development activity, and dismantling costs for equipment and other assets within the plants. |
| Details and amount of extraordinary loss | A portion of the gain related to the transfer of goodwill accompanying the structural reforms of the functional sheet business and the papermaking unit was recognized as extraordinary income. Insurance proceeds related to an equipment accident and the cost of restoring the related equipment were recognized as extraordinary income and losses. Amount: Not disclosed. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.For the cumulative second quarter, net sales increased due to the weaker yen, which progressed beyond expectations, among other factors, while operating income and ordinary income exceeded forecasts as a result of profitability improvement measures, including price revisions. Interim net income exceeded expectations due to the recognition of extraordinary income and losses, including a gain on the transfer of goodwill, insurance proceeds related to an equipment accident, and the cost of restoring the related equipment. For the full year, the forecast was revised based on results through the interim period exceeding expectations, despite expectations of adjustments to high-margin products, higher costs due to soaring raw material and fuel prices, increased development activity, and dismantling costs for equipment within the plants.