Komori
Results8032JAPAN PULP AND PAPER COMPANY LIMITEDTrading & Wholesale

Second Quarter (Interim Period) Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the first half of the fiscal year ending March 2027, revenue, operating profit, ordinary profit and profit attributable to owners of the parent exceeded the year-earlier period. The full-year earnings forecast was revised, and forecast figures such as operating profit are provided, but the figures before the revision are not included in this summary.

Worth reading
33Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
25.4
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales313,228Million yenYear on year +9.1%
Operating profit5,426Million yenYear on year +25.4%Progress 41.7%
Ordinary income5,721Million yenYear on year +52.6%Progress 47.7%
Net income attributable to owners of the parent3,398Million yenYear on year +269.3%Progress 56.6%

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¥30.89
Financial position at period-end
Total assets407,174Million yen
of which net assets 142,845 Million yenEquity ratio 32.0%vs. prior year-end -0.6pt

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 revenueDomestic wholesale 98,700 Million yen (YoY +3.6%), Overseas wholesale 176,524 Million yen (YoY +14.3%), Paper processing 26,432 Million yen (YoY +4.4%), Environmental raw materials 9,518 Million yen (YoY -4.4%), Real estate leasing 2,054 Million yen (YoY -0.9%)
Segment profitDomestic wholesale 3,141 Million yen (YoY +27.8%), Overseas wholesale 62 Million yen, Paper processing 3,651 Million yen (YoY +8.6%), Environmental raw materials 561 Million yen, Real estate leasing 672 Million yen (YoY -13.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profit13,000 Million yen (YoY +19.8%)
Ordinary income12,000 Million yen (YoY +10.2%)
Net income6,000 Million yen (YoY +27.1%)
Revision to Earnings ForecastNet Sales Not disclosed / Operating profit Not disclosed → 13,000 Million yen / Ordinary income Not disclosed → 12,000 Million yen / Net income Not disclosed → 6,000 Million yen
Annual Dividend Forecast34 Yen → 36 Yen
Factors Behind Changes in Business Performance

Domestic wholesale: the effects of price revisions for paper and paperboard, higher revenue, and lower selling, general and administrative expenses. Overseas wholesale: complementary M&A, foreign exchange translation, and business structural reforms at a German subsidiary. Interim net profit attributable to owners of the parent: recognition of gains on the sale of investment securities and other factors.

Disclosure regarding the going concern assumption

None ("There are no applicable matters.")

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationWhether applicable None / New 0 companies (company name: —) / Excluded 0 companies (company name: —)
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Investment Securities 1,215 Million yen, Reversal of provision for business structure improvement 63 Million yen, Gain on sale of property, plant and equipment 55 Million yen, Other 24 Million yen / Extraordinary loss Business structure improvement expenses 127 Million yen, Loss on disposal of fixed assets 30 Million yen, Office relocation expenses 15 Million yen, Impairment Losses on Investment Securities 0 Million yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End120,215,510
Treasury Shares at Period-End11,197,555
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales313,228 Million yen (YoY +9.1%)
Operating profit5,426 Million yen (YoY +25.4%)
Ordinary income5,721 Million yen (YoY +52.6%)
Profit attributable to owners of the parent3,398 Million yen (YoY +269.3%)
Net income per share¥30.89
Equity ratioEnd of the current fiscal period 32 / End of previous period 32.6
Total assets407,174 Million yen
Net assets142,845 Million yen
Full-year earnings forecastNet Sales Not disclosed / Operating profit 13,000 Million yen (YoY +19.8%) / Ordinary income 12,000 Million yen (YoY +10.2%) / Net income 6,000 Million yen (YoY +27.1%)
Revision to Earnings ForecastNet Sales Not disclosed / Operating profit Not disclosed → 13,000 Million yen / Ordinary income Not disclosed → 12,000 Million yen / Net income Not disclosed → 6,000 Million yen
Annual Dividend Forecast34 Yen → 36 Yen
Segment revenueDomestic wholesale 98,700 Million yen (YoY +3.6%), Overseas wholesale 176,524 Million yen (YoY +14.3%), Paper processing 26,432 Million yen (YoY +4.4%), Environmental raw materials 9,518 Million yen (YoY -4.4%), Real estate leasing 2,054 Million yen (YoY -0.9%)
Segment profitDomestic wholesale 3,141 Million yen (YoY +27.8%), Overseas wholesale 62 Million yen, Paper processing 3,651 Million yen (YoY +8.6%), Environmental raw materials 561 Million yen, Real estate leasing 672 Million yen (YoY -13.4%)
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Investment Securities 1,215 Million yen, Reversal of provision for business structure improvement 63 Million yen, Gain on sale of property, plant and equipment 55 Million yen, Other 24 Million yen / Extraordinary loss Business structure improvement expenses 127 Million yen, Loss on disposal of fixed assets 30 Million yen, Office relocation expenses 15 Million yen, Impairment Losses on Investment Securities 0 Million yen
Disclosure regarding the going concern assumptionNone ("There are no applicable matters.")
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationWhether applicable None / New 0 companies (company name: —) / Excluded 0 companies (company name: —)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End120,215,510
Treasury Shares at Period-End11,197,555
Factors Behind Changes in Business PerformanceDomestic wholesale: the effects of price revisions for paper and paperboard, higher revenue, and lower selling, general and administrative expenses. Overseas wholesale: complementary M&A, foreign exchange translation, and business structural reforms at a German subsidiary. Interim net profit attributable to owners of the parent: recognition of gains on the sale of investment securities and other factors.
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 periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationImpairment 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.

In domestic wholesale, the effects of price revisions for paper and paperboard and higher revenue, together with lower selling, general and administrative expenses, contributed to results. In overseas wholesale, complementary M&A, foreign exchange translation and business structural reforms at a German subsidiary contributed to results. Interim net profit attributable to owners of the parent increased, mainly due to the recognition of gains on the sale of investment securities and other factors.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Second Quarter (Interim Period) Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | JAPAN PULP AND PAPER COMPANY LIMITED (8032) timely disclosure | Komori