Komori
Revision of earnings forecasts3896AWA PAPER & TECHNOLOGICAL COMPANY,Inc.Materials and Chemicals

Notice Regarding the Recognition of an Extraordinary Loss, the Write-Down of Deferred Tax Assets, and the Difference Between the Full-Year Consolidated Earnings Forecast and Actual Results

Full-year consolidated results for the fiscal year ending March 2026 exceeded the previous forecasts, with net sales ¥94 million, operating profit ¥18 million, and net income attributable to owners of the parent ¥93 million above forecast. In addition, extraordinary losses, including an impairment loss of ¥88 million, and income taxes—deferred of ¥71 million resulting from the reversal of deferred tax assets were recognized.

Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
46.8
%
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 13 April 2026
Net Sales18,400→18,494million
+0.5%
Operating profit40→58million
+46.8%
Ordinary income-120→-95million
+20.8%
Profit attributable to owners of the parent660→753million
+14.2%
Net income per share66.03→75.41yen and sen
+14.2%

The 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.

Reason for the revision

Operating profit exceeded the forecast because the amount recognized under the lower-of-cost-or-market method in the valuation of inventories was below the assumption used in the previous forecast, among other factors. Although extraordinary losses recognized were higher than forecast, net income attributable to owners of the parent also exceeded the forecast because the amount of deferred tax assets reversed was lower than forecast, among other factors.

Details and amount of extraordinary loss

Impairment loss on fixed assets: ¥88 million; valuation loss on investment business partnerships: ¥64 million

Previous-period resultsNet sales ¥17,124 million, operating profit ¥432 million, ordinary profit ¥279 million, net income attributable to owners of the parent ¥35 million, and earnings per share ¥3.59
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥18,400 million → ¥18,494 million(+0.5%)
Operating profit¥40 million → ¥58 million(+46.8%)
Ordinary income¥-120 million → ¥-95 million
Profit attributable to owners of the parent¥660 million → ¥753 million(+14.2%)
Net income per share66.03 yen and sen → 75.41 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast13 April 2026
Previous-period resultsNet sales ¥17,124 million, operating profit ¥432 million, ordinary profit ¥279 million, net income attributable to owners of the parent ¥35 million, and earnings per share ¥3.59
Reason for the revisionOperating profit exceeded the forecast because the amount recognized under the lower-of-cost-or-market method in the valuation of inventories was below the assumption used in the previous forecast, among other factors. Although extraordinary losses recognized were higher than forecast, net income attributable to owners of the parent also exceeded the forecast because the amount of deferred tax assets reversed was lower than forecast, among other factors.
Details and amount of extraordinary lossImpairment loss on fixed assets: ¥88 million; valuation loss on investment business partnerships: ¥64 million
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Dividend forecast revision

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.

Operating profit exceeded the forecast because the amount recognized under the lower-of-cost-or-market method in the valuation of inventories was below the assumption used in the previous forecast. Net income attributable to owners of the parent exceeded the forecast because, although extraordinary losses recognized were higher than forecast, the amount of deferred tax assets reversed was lower than forecast, among other factors.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recognition of an Extraordinary Loss, the Write-Down of Deferred Tax Assets, and the Difference Between the Full-Year Consolidated Earnings Forecast and Actual Results | AWA PAPER & TECHNOLOGICAL COMPANY,Inc. (3896) timely disclosure | Komori