Worth reading
51Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
254
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales23,563¥ millionYear on year +1.1%
Operating profit1,632¥ millionYear on year +18.5%
Ordinary income1,867¥ millionYear on year +14.8%
Net income attributable to owners of the parent1,283¥ millionYear on year -2.8%
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.
Net income per share¥292.29
Operating Margin6.9%
Financial position at period-end
Total assets36,921¥ million
of which net assets 27,476 ¥ millionEquity ratio 72.3%vs. prior year-end +2.1pt
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.
Cash inflows and outflows
Operating+2,085
Investment-1,271
Financials-375
Net change+439
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.
Cash and cash equivalents at end of period¥8,243 million
Segment revenue
Heavy-duty bags15,43170.6%
Film products4,38020.1%
Containers1,7838.2%
Real Estate Leasing2491.1%
Segment profit
Heavy-duty bags1,227,98767.4%
Film products405,68122.3%
Containers43,3612.4%
Real Estate Leasing145,6928.0%
Regional sales¥19,989,525 thousand, ¥2,767,545 thousand, ¥806,815 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net SalesForecast value Undecided / Year-on-year change Undecided
Operating profitForecast value Undecided / Year-on-year change Undecided
Ordinary incomeForecast value Undecided / Year-on-year change Undecided
Net incomeForecast value Undecided / Year-on-year change Undecided
Annual Dividend Forecast¥50 → ¥50（0.0%）
Payout ratio17.1%
Factors Behind Changes in Business Performance
While sales volumes remained sluggish, operating income and ordinary income increased as efforts were made to secure profitability. Net income attributable to owners of the parent declined due to the impact of gains on the sale of investment securities and other items recorded in the previous fiscal year.
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 consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsOn 15 May 2026, the Company is scheduled to acquire an additional 10.0% of the total shares of Thai Showa Pax Co., Ltd. held by non-controlling shareholders. The Group's voting interest will change from 90.0% to 99.8%. The acquisition price has not been disclosed, and the amount of the decrease in capital surplus resulting from the transaction with non-controlling shareholders has not yet been determined.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on elimination of shares held in a merged company ¥110,403 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥10,386 thousand, Merger-Related Costs ¥7,053 thousand
Depreciation and amortization¥757 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End4,450,000 shares
Treasury Shares at Period-End59,994 shares
| 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 | ¥23,563 million (YoY +1.1%) |
| Operating profit | ¥1,632 million (YoY +18.5%) |
| Ordinary income | ¥1,867 million (YoY +14.8%) |
| Profit attributable to owners of the parent | ¥1,283 million (YoY -2.8%) |
| Net income per share | ¥292.29 |
| Operating Margin | 6.9% |
| Equity ratio | End of the current fiscal period 72.3% / End of previous period 70.2% |
| Total assets | ¥36,921 million |
| Net assets | ¥27,476 million |
| Cash flows from operating activities | ¥2,085 million |
| Cash flows from investing activities | ¥-1,271 million |
| Cash flows from financing activities | ¥-375 million |
| Cash and cash equivalents at end of period | ¥8,243 million |
| Full-year earnings forecast | Net Sales Forecast value Undecided / Year-on-year change Undecided / Operating profit Forecast value Undecided / Year-on-year change Undecided / Ordinary income Forecast value Undecided / Year-on-year change Undecided / Net income Forecast value Undecided / Year-on-year change Undecided |
| Annual Dividend Forecast | ¥50 → ¥50（0.0%） |
| Payout ratio | 17.1% |
| Segment revenue | Segment Heavy-duty bags / Net Sales ¥15,431 million / Year on year against the same period last year Not disclosed, Segment Film products / Net Sales ¥4,380 million / Year on year against the same period last year Not disclosed, Segment Containers / Net Sales ¥1,783 million / Year on year against the same period last year Not disclosed, Segment Real Estate Leasing / Net Sales ¥249 million / Year on year against the same period last year Not disclosed |
| Segment profit | Segment Heavy-duty bags / Segment profit ¥1,227,987 thousand / Year on year against the same period last year Not disclosed, Segment Film products / Segment profit ¥405,681 thousand / Year on year against the same period last year Not disclosed, Segment Containers / Segment profit ¥43,361 thousand / Year on year against the same period last year Not disclosed, Segment Real Estate Leasing / Segment profit ¥145,692 thousand / Year on year against the same period last year Not disclosed |
| Regional sales | ¥19,989,525 thousand, ¥2,767,545 thousand, ¥806,815 thousand |
| Depreciation and amortization | ¥757 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on elimination of shares held in a merged company ¥110,403 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥10,386 thousand, Merger-Related Costs ¥7,053 thousand |
| 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 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | On 15 May 2026, the Company is scheduled to acquire an additional 10.0% of the total shares of Thai Showa Pax Co., Ltd. held by non-controlling shareholders. The Group's voting interest will change from 90.0% to 99.8%. The acquisition price has not been disclosed, and the amount of the decrease in capital surplus resulting from the transaction with non-controlling shareholders has not yet been determined. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 4,450,000 shares |
| Treasury Shares at Period-End | 59,994 shares |
| Factors Behind Changes in Business Performance | While sales volumes remained sluggish, operating income and ordinary income increased as efforts were made to secure profitability. Net income attributable to owners of the parent declined due to the impact of gains on the sale of investment securities and other items recorded in the previous fiscal year. |
Items this document does not state (3)
Revision to Earnings ForecastShareholder Return PolicyOrders received and order backlog
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.Although sales volumes continued to struggle, operating income and ordinary income increased as efforts were made to secure profitability. Net income attributable to owners of the parent declined due to the impact of gains on the sale of investment securities and other items recorded in the previous fiscal year.
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.
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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.