Results for this period
Full year1 June 2025 to 31 May 2026Non-consolidated (standalone)Japanese 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 Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue declined because paperboard sales volumes decreased year on year. Although recovered paper prices remained stable, profit declined because labor costs and equipment maintenance expenses increased.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 June 2025 to 31 May 2026 |
| Net Sales | 11,221 Millions of yen (YoY -2.6%) |
| Operating profit | 940 Millions of yen (YoY -8.9%) |
| Ordinary income | 1,092 Millions of yen (YoY -4.8%) |
| Profit attributable to owners of the parent | 821 Millions of yen (YoY +2.9%) |
| Net income per share | ¥177.00 per euro |
| Operating Margin | 8.4% |
| Equity ratio | End of the current fiscal period 78.2 / End of previous period 78 |
| Total assets | 18,518 Millions of yen |
| Net assets | 14,481 Millions of yen |
| Cash flows from operating activities | 1,661 Millions of yen |
| Cash flows from investing activities | -612 Millions of yen |
| Cash flows from financing activities | -252 Millions of yen |
| Cash and cash equivalents at end of period | 5,262 Millions of yen |
| Full-year earnings forecast | Net Sales 11,700 Millions of yen (YoY +4.3%) / Operating profit 750 Millions of yen (YoY -20.3%) / Ordinary income 900 Millions of yen (YoY -17.6%) / Net income 630 Millions of yen (YoY -23.3%) |
| Annual Dividend Forecast | ¥50 → ¥50（0.0%） |
| Payout ratio | 36.8% |
| Segment revenue | Paperboard business 9,823 Millions of yen (YoY -3.6%), Decorative corrugated board business 1,398 Millions of yen (YoY +4.8%) |
| Segment profit | Paperboard business 940 Millions of yen (YoY -12.7%), Decorative corrugated board business 0 Millions of yen |
| Depreciation and amortization | ¥312,588 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥6,999 thousand, Gain on sale of investment securities ¥33,553 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥47 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 5,500,000 |
| Treasury Shares at Period-End | 855,076 |
| Factors Behind Changes in Business Performance | Revenue declined because paperboard sales volumes decreased year on year. Although recovered paper prices remained stable, profit declined because labor costs and equipment maintenance expenses increased. |
Items this document does not state (6)
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.Revenue declined in the fiscal year ended May 2026 because paperboard sales volumes decreased year on year. Although prices for recovered paper, the company's main raw material, remained stable, profit declined due to higher labor costs and equipment maintenance expenses. Going forward, the company will work to establish a production structure aligned with demand, reduce costs, maintain appropriate pricing and develop new customers amid expected increases in fuel and material prices.