Komori
Results3950THE PACK CORPORATIONMaterials and Chemicals

Third-Quarter Financial Results for the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

Cumulative through September 2026, net sales and operating income exceeded the year-earlier period. In contrast, quarterly net income attributable to owners of the parent declined slightly, reflecting the impact of the large gain on sales of cross-shareholdings recorded in the year-earlier period.

Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
14.7
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales76,810¥ millionYear on year +7.3%Progress 72.5%
Operating profit4,908¥ millionYear on year +14.7%Progress 65.4%
Ordinary income5,115¥ millionYear on year +13.1%Progress 66.4%
Net income attributable to owners of the parent3,442¥ millionYear on year -0.1%Progress 64.9%

The 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.

Net income per share¥62.37
Financial position at period-end
Total assets95,981¥ million
of which net assets 76,440 ¥ millionEquity ratio 79.6%vs. prior year-end +5.7pt

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.

Segment revenuePaper Products Business ¥56,188 million (YoY +7.2%), Chemical Products Business ¥10,029 million (YoY +5.2%), Other ¥10,593 million (YoY +9.5%)
Segment profitPaper Products Business ¥4,529 million (YoY +11.4%), Chemical Products Business ¥588 million (YoY +18.1%), Other ¥830 million (YoY +19.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥106,000 million (YoY +2.8%)
Operating profit¥7,500 million (YoY +4.1%)
Ordinary income¥7,700 million (YoY +2.2%)
Net income¥5,300 million (YoY -12.0%)
Annual Dividend Forecast¥41.33 per share → ¥42 per share(+1.6%)
Factors Behind Changes in Business Performance

Domestic sales of paper bags remained steady, while overseas sales also grew. Sales of paper containers for the souvenir, food container and e-commerce markets remained steady, while sales of corrugated packaging for food containers, delivery packaging for the e-commerce market and transport packaging were strong. Chemical products saw growth in event tote bags and flexible packaging for food products, while other products performed well, driven by soft bags for premium products and events. Quarterly net income attributable to owners of the parent declined, reflecting the impact of the larger gain on sales of cross-shareholdings recorded in the year-earlier period.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNo (0 additions, 0 exclusions)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1 million / Extraordinary loss Loss on sale of noncurrent assets ¥0 million, Loss on disposal of fixed assets ¥9 million, Impairment Losses on Investment Securities ¥22 million, Losses from disasters ¥40 million
Depreciation and amortization¥2,123 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End59,700,000
Treasury Shares at Period-End5,494,157
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 September 2026
Net Sales¥76,810 million (YoY +7.3%)
Operating profit¥4,908 million (YoY +14.7%)
Ordinary income¥5,115 million (YoY +13.1%)
Profit attributable to owners of the parent¥3,442 million (YoY -0.1%)
Net income per share¥62.37
Equity ratioEnd of the current fiscal period 79.6 / End of previous period 73.9
Total assets¥95,981 million
Net assets¥76,440 million
Full-year earnings forecastNet Sales ¥106,000 million (YoY +2.8%) / Operating profit ¥7,500 million (YoY +4.1%) / Ordinary income ¥7,700 million (YoY +2.2%) / Net income ¥5,300 million (YoY -12.0%)
Annual Dividend Forecast¥41.33 per share → ¥42 per share(+1.6%)
Segment revenuePaper Products Business ¥56,188 million (YoY +7.2%), Chemical Products Business ¥10,029 million (YoY +5.2%), Other ¥10,593 million (YoY +9.5%)
Segment profitPaper Products Business ¥4,529 million (YoY +11.4%), Chemical Products Business ¥588 million (YoY +18.1%), Other ¥830 million (YoY +19.0%)
Depreciation and amortization¥2,123 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1 million / Extraordinary loss Loss on sale of noncurrent assets ¥0 million, Loss on disposal of fixed assets ¥9 million, Impairment Losses on Investment Securities ¥22 million, Losses from disasters ¥40 million
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNo (0 additions, 0 exclusions)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End59,700,000
Treasury Shares at Period-End5,494,157
Factors Behind Changes in Business PerformanceDomestic sales of paper bags remained steady, while overseas sales also grew. Sales of paper containers for the souvenir, food container and e-commerce markets remained steady, while sales of corrugated packaging for food containers, delivery packaging for the e-commerce market and transport packaging were strong. Chemical products saw growth in event tote bags and flexible packaging for food products, while other products performed well, driven by soft bags for premium products and events. Quarterly net income attributable to owners of the parent declined, reflecting the impact of the larger gain on sales of cross-shareholdings recorded in the year-earlier period.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events

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.

Sales of paper bags, paper containers and corrugated packaging, event tote bags, flexible packaging for food products, and soft bags for premium products remained steady or strong. Net income declined, reflecting the impact of the larger gain on sales of cross-shareholdings recorded in the year-earlier period.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Third-Quarter Financial Results for the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | THE PACK CORPORATION (3950) timely disclosure | Komori