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 yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In corrugated packaging, the effects of product price revisions; in housing, the incorporation of higher construction costs into sales prices and improved margins; and in transportation and warehousing, increased logistics volumes, negotiations to optimize logistics costs and improved transport efficiency contributed to higher earnings. The company was also affected by the reactionary decline in the housing market, higher construction costs and lower demand at its U.S. subsidiary due to trade policies and other factors.
No applicable matters
| 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 | 224,090 million yen (YoY +2.0%) |
| Operating profit | 11,378 million yen (YoY +21.6%) |
| Ordinary income | 11,445 million yen (YoY +21.7%) |
| Profit attributable to owners of the parent | 7,361 million yen (YoY +13.1%) |
| Net income per share | ¥446.46 |
| Operating Margin | 5.1% |
| Equity ratio | End of the current fiscal period 45.6% / End of previous period 44.8% |
| Total assets | 223,835 million yen |
| Net assets | 102,966 million yen |
| Cash flows from operating activities | 15,172 million yen |
| Cash flows from investing activities | -10,647 million yen |
| Cash flows from financing activities | -2,183 million yen |
| Cash and cash equivalents at end of period | 23,825 million yen |
| Full-year earnings forecast | Net Sales 220,500 million yen (YoY -1.6%) / Operating profit 12,700 million yen (YoY +11.6%) / Ordinary income 11,900 million yen (YoY +4.0%) / Profit attributable to owners of the parent 8,100 million yen (YoY +10.0%) |
| Annual Dividend Forecast | ¥130 per share → ¥170 per share（+30.8%） |
| Payout ratio | 34.6% |
| Segment revenue | Corrugated board 124,628 million yen (YoY +4.1%), Housing 55,171 million yen (YoY -4.6%), Transportation and warehousing 44,290 million yen (YoY +5.2%) |
| Segment profit | Corrugated board 10,455 million yen (YoY +21.7%), Housing 1,015 million yen (YoY +10.6%), Transportation and warehousing 1,076 million yen (YoY +14.4%) |
| Depreciation and amortization | 8,461 million yen |
| Impairment loss | 198 million yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 190 million yen / Extraordinary loss Losses on disposal of fixed assets 216 million yen, Impairment Losses 198 million yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 Number of companies 2 / Company name 日栄紙工株式会社, 遠州紙工業株式会社 / Excluded Number of companies 1 / Company name 株式会社スウェーデンハウスリフォーム |
| Material subsequent events | On 1 April 2026, all shares of 株式会社伊藤園ロジテム were transferred to 株式会社伊藤園. The company is expected to be excluded from the scope of consolidation from the first quarter of the fiscal year ending March 2027, and a gain on the transfer of ¥411 million is expected to be recorded as extraordinary income. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and securities analysts |
| Issued Shares at Period-End | 19,341,568 Shares |
| Treasury Shares at Period-End | 2,845,113 Shares |
| Factors Behind Changes in Business Performance | In corrugated packaging, the effects of product price revisions; in housing, the incorporation of higher construction costs into sales prices and improved margins; and in transportation and warehousing, increased logistics volumes, negotiations to optimize logistics costs and improved transport efficiency contributed to higher earnings. The company was also affected by the reactionary decline in the housing market, higher construction costs and lower demand at its U.S. subsidiary due to trade policies and 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 cited the effects of product price revisions in corrugated packaging, the incorporation of higher construction costs into housing sales prices and improved margins in housing, and increased logistics volumes, negotiations to optimize logistics costs and improved transport efficiency in transportation and warehousing. It also explained that demand declined due to the reactionary decline in the housing market, higher construction costs and trade policies and other factors affecting its U.S. subsidiary.