Results for this period
First quarter1 April 2026 to 30 June 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.
Price revisions for paper and paperboard, higher sales volumes of paperboard and functional materials, increased revenue from overseas wholesale operations, complementary M&A, business-structure reforms at a German subsidiary, and control of selling, general and administrative expenses in domestic wholesale operations, among other factors. Statutory inspections and price competition in environmental raw materials, and tenant departures and higher interest expenses in real estate leasing, were factors behind lower revenue and profit.
Not applicable (no matters to report in the notes on the going concern assumption)
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥156,281 million (YoY +8.0%) |
| Operating profit | ¥3,149 million (YoY +29.7%) |
| Ordinary income | ¥3,524 million (YoY +35.4%) |
| Profit attributable to owners of the parent | ¥1,814 million (YoY +55.6%) |
| Net income per share | ¥16.42 |
| Equity ratio | End of the current fiscal period 31.7 / End of previous period 32.6 |
| Total assets | ¥412,371 million |
| Net assets | ¥143,190 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit 15,500 (YoY +42.9%) / Ordinary income 15,000 (YoY +37.8%) / Net income 8,000 (YoY +69.5%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥34.00 → ¥36.00 |
| Segment revenue | Domestic wholesale ¥49,771 million (YoY +3.3%), Overseas wholesale ¥87,192 million (YoY +12.1%), Paper processing ¥13,580 million (YoY +7.5%), Environmental raw materials ¥4,730 million (YoY -7.1%), Real Estate Leasing ¥1,007 million (YoY -2.8%) |
| Segment profit | Domestic wholesale ¥1,563 million (YoY +28.8%), Overseas wholesale ¥192 million, Paper processing ¥1,925 million (YoY +23.0%), Environmental raw materials ¥284 million (YoY -4.4%), Real Estate Leasing ¥322 million (YoY -18.7%) |
| Depreciation and amortization | ¥2,443 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Reversal of provision for business structure improvement ¥57 million, Gain on sale of non-current assets ¥8 million, Gain on sale of investment securities ¥1 million / Extraordinary loss Business structure improvement costs ¥88 million, Losses on disposal of fixed assets ¥6 million, Impairment Loss on Investment Securities ¥0 million, Other ¥0 million |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| 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 | 0 additions and 0 exclusions (no company names) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 120,215,510 |
| Treasury Shares at Period-End | 10,209,611 |
| Factors Behind Changes in Business Performance | Price revisions for paper and paperboard, higher sales volumes of paperboard and functional materials, increased revenue from overseas wholesale operations, complementary M&A, business-structure reforms at a German subsidiary, and control of selling, general and administrative expenses in domestic wholesale operations, among other factors. Statutory inspections and price competition in environmental raw materials, and tenant departures and higher interest expenses in real estate leasing, were factors behind lower revenue and profit. |
Items this document does not state (11)
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.Profit increased due to price revisions for paper and paperboard, higher sales volumes of paperboard and functional materials, increased revenue from overseas wholesale operations, the effects of complementary M&A and business-structure reforms at a German subsidiary, and control of selling, general and administrative expenses in domestic wholesale operations. Conversely, statutory inspections and price competition in environmental raw materials, as well as tenant departures and higher interest expenses in real estate leasing, were factors behind lower revenue and profit.