Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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.
Factors included a decline in sales volume for carrier bags due to the introduction of charges for paper bags, higher raw material prices and logistics costs, intensified competition from low-priced overseas products, a lower gross margin resulting from cost increases, lower plant operating rates, and higher depreciation expenses due to investment in new equipment. Meanwhile, in the chemical products business, strong orders for polyethylene bags for takeout and the pass-through of higher prices contributed to higher profit, while in the other businesses, the acquisition of new customers and price revisions contributed to higher profit.
Not applicable
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥13,456 million (YoY +0.2%) |
| Operating profit | ¥86 million (YoY -70.8%) |
| Ordinary income | ¥120 million (YoY -64.5%) |
| Profit attributable to owners of the parent | ¥123 million (YoY -52.5%) |
| Net income per share | ¥83.25 |
| Equity ratio | End of the current fiscal period 38.8 / End of previous period 40.3 |
| Total assets | ¥14,431 million |
| Net assets | ¥5,603 million |
| Cash flows from operating activities | ¥-558 million |
| Cash flows from investing activities | ¥-606 million |
| Cash flows from financing activities | ¥793 million |
| Cash and cash equivalents at end of period | ¥1,186 million |
| Full-year earnings forecast | Net Sales ¥29,000 million (YoY +3.0%) / Operating profit ¥550 million (YoY -27.5%) / Ordinary income ¥590 million (YoY -28.8%) / Net income ¥460 million (YoY -42.5%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥29,000 million / Operating profit Not disclosed → ¥550 million / Ordinary income Not disclosed → ¥590 million / Net income Not disclosed → ¥460 million |
| Annual Dividend Forecast | ¥110 → ¥110（0.0%） |
| Segment revenue | Segment Paper Products Business / Net Sales ¥6,821 million / yoy_pct Not disclosed, Segment Chemical Products Business / Net Sales ¥3,064 million / yoy_pct Not disclosed, Segment Other business / Net Sales ¥3,571 million / yoy_pct Not disclosed |
| Segment profit | Segment Paper Products Business / Segment profit ¥291 million / yoy_pct Not disclosed, Segment Chemical Products Business / Segment profit ¥82 million / yoy_pct Not disclosed, Segment Other business / Segment profit ¥129 million / yoy_pct Not disclosed |
| Depreciation and amortization | ¥174 million |
| Impairment loss | No applicable items |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sales of investment securities ¥65 million / Extraordinary loss Loss on disposal of fixed assets ¥8 million |
| 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 |
| Changes in the scope of consolidation | Added: 0 companies; excluded: 0 companies |
| Availability of Supplementary Financial Results Materials | Yes (scheduled to be posted on the company’s website at a later date) |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 1,686,154 shares |
| Treasury Shares at Period-End | 198,327 shares |
| Factors Behind Changes in Business Performance | Factors included a decline in sales volume for carrier bags due to the introduction of charges for paper bags, higher raw material prices and logistics costs, intensified competition from low-priced overseas products, a lower gross margin resulting from cost increases, lower plant operating rates, and higher depreciation expenses due to investment in new equipment. Meanwhile, in the chemical products business, strong orders for polyethylene bags for takeout and the pass-through of higher prices contributed to higher profit, while in the other businesses, the acquisition of new customers and price revisions contributed to higher profit. |
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.Factors included a decline in sales volume for carrier bags due to the introduction of charges for paper bags, higher raw material prices and logistics costs, a lower gross margin resulting from cost increases, lower plant operating rates, and higher depreciation expenses due to investment in new equipment. The full-year forecast was revised based on performance during the current interim consolidated accounting period.