Worth reading
60In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-25.6
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales650,368¥ millionYear on year -2.9%Progress 91.6%
Operating profit10,075¥ millionYear on year -25.6%Progress 91.6%
Ordinary income6,175¥ millionYear on year -36.4%Progress 95.0%
Net income attributable to owners of the parent5,618¥ millionYear on year -29.7%Progress 112.4%
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¥87.44
Operating Margin1.5%
Financial position at period-end
Total assets374,708¥ million
of which net assets 89,454 ¥ millionEquity ratio 23.9%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.
Cash inflows and outflows
Operating+19,814
Investment-11,109
Financials-8,118
Net change+587
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¥12,630 million
Segment revenueNortheast Asia ¥285,189 million (YoY -6.1%), Europe/Americas ¥298,997 million (YoY +0.2%), Asia Pacific ¥64,659 million (YoY -2.7%), Real Estate Leasing ¥1,521 million (YoY +1.2%)
Segment profitNortheast Asia ¥1,872 million (YoY -35.3%), Europe/Americas ¥5,818 million (YoY -25.0%), Asia Pacific ¥2,807 million (YoY -6.5%), Real Estate Leasing ¥625 million (YoY +3.8%)
Regional sales¥285,189 million (YoY -6.1%), ¥298,997 million (YoY +0.2%), ¥64,659 million (YoY -2.7%), ¥1,521 million (YoY +1.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥710,000 million (YoY +9.2%)
Operating profit¥11,000 million (YoY +9.2%)
Ordinary income¥6,500 million (YoY +5.3%)
Net income¥5,000 million (YoY -11.0%)
Annual Dividend Forecast¥36 → ¥40（+11.1%）
Payout ratio51.4%
Factors Behind Changes in Business Performance
The paper business reported lower revenue and profit due to declining demand for graphic paper and falling prices in some regions, including Europe and China. Meanwhile, the visual communications and packaging businesses reported higher revenue and profit, supported by resilient demand and contributions from companies acquired through M&A.
Disclosure regarding the going concern assumption
No applicable matters. The filing states, "There are 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 Number of companies 15 / Company name Fortuna Digital Holding, Fortuna Digital Austria, Fortuna Digital BIH, Fortuna Digital Croatia, Fortuna Digital Hungary, Fortuna Digital Serbia, Fortuna Digital Slovenia, Club Groupe S.A.S, Digital Printing France S.A.S, Technical Digital Printing S.A.S, Texo Group B.V., Texo Trade Services B.V., Texopaper B.V., Collina Equipment B.V., Texo Trade Services GmbH / Excluded Number of companies 4 / Company name ANTALIS GROUP(PRIVATE UNLIMITED COMPANY), ANTALIS OVERSEAS HOLDINGS LIMITED, ANTALIS HOLDINGS LIMITED, ANTALIS GROUP (HOLDINGS) LIMITED
Material subsequent eventsAll shares of Spandex Australia Holding Pty Ltd were acquired and the company became a subsidiary on 1 April 2026. The purchase consideration was ¥3,378 million, and the amount of goodwill has not yet been determined.
Impairment lossAmount ¥710 million / Subject assets Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥349 million, Item Gain on sale of investment securities / Amount ¥1,633 million, Item Gain on negative goodwill / Amount ¥113 million, Item Settlement proceeds received / Amount ¥800 million, Item Other regions / Amount ¥48 million / Extraordinary loss Item Loss on sale of fixed assets / Amount ¥6 million, Item Loss on Disposal of Fixed Assets / Amount ¥2 million, Item Impairment Losses / Amount ¥710 million, Item Other regions / Amount ¥8 million
Depreciation and amortization¥12,614 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End67,244,284
Treasury Shares at Period-End4,922,351
| 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 | ¥650,368 million (YoY -2.9%) |
| Operating profit | ¥10,075 million (YoY -25.6%) |
| Ordinary income | ¥6,175 million (YoY -36.4%) |
| Profit attributable to owners of the parent | ¥5,618 million (YoY -29.7%) |
| Net income per share | ¥87.44 |
| Operating Margin | 1.5% |
| Equity ratio | End of the current fiscal period 23.9% / End of previous period 24.5% |
| Total assets | ¥374,708 million |
| Net assets | ¥89,454 million |
| Cash flows from operating activities | ¥19,814 million |
| Cash flows from investing activities | ¥-11,109 million |
| Cash flows from financing activities | ¥-8,118 million |
| Cash and cash equivalents at end of period | ¥12,630 million |
| Full-year earnings forecast | Net Sales ¥710,000 million (YoY +9.2%) / Operating profit ¥11,000 million (YoY +9.2%) / Ordinary income ¥6,500 million (YoY +5.3%) / Net income ¥5,000 million (YoY -11.0%) |
| Annual Dividend Forecast | ¥36 → ¥40（+11.1%） |
| Payout ratio | 51.4% |
| Segment revenue | Northeast Asia ¥285,189 million (YoY -6.1%), Europe/Americas ¥298,997 million (YoY +0.2%), Asia Pacific ¥64,659 million (YoY -2.7%), Real Estate Leasing ¥1,521 million (YoY +1.2%) |
| Segment profit | Northeast Asia ¥1,872 million (YoY -35.3%), Europe/Americas ¥5,818 million (YoY -25.0%), Asia Pacific ¥2,807 million (YoY -6.5%), Real Estate Leasing ¥625 million (YoY +3.8%) |
| Regional sales | ¥285,189 million (YoY -6.1%), ¥298,997 million (YoY +0.2%), ¥64,659 million (YoY -2.7%), ¥1,521 million (YoY +1.2%) |
| Depreciation and amortization | ¥12,614 million |
| Impairment loss | Amount ¥710 million / Subject assets Not disclosed |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥349 million, Item Gain on sale of investment securities / Amount ¥1,633 million, Item Gain on negative goodwill / Amount ¥113 million, Item Settlement proceeds received / Amount ¥800 million, Item Other regions / Amount ¥48 million / Extraordinary loss Item Loss on sale of fixed assets / Amount ¥6 million, Item Loss on Disposal of Fixed Assets / Amount ¥2 million, Item Impairment Losses / Amount ¥710 million, Item Other regions / Amount ¥8 million |
| Disclosure regarding the going concern assumption | No applicable matters. The filing states, "There are 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 15 / Company name Fortuna Digital Holding, Fortuna Digital Austria, Fortuna Digital BIH, Fortuna Digital Croatia, Fortuna Digital Hungary, Fortuna Digital Serbia, Fortuna Digital Slovenia, Club Groupe S.A.S, Digital Printing France S.A.S, Technical Digital Printing S.A.S, Texo Group B.V., Texo Trade Services B.V., Texopaper B.V., Collina Equipment B.V., Texo Trade Services GmbH / Excluded Number of companies 4 / Company name ANTALIS GROUP(PRIVATE UNLIMITED COMPANY), ANTALIS OVERSEAS HOLDINGS LIMITED, ANTALIS HOLDINGS LIMITED, ANTALIS GROUP (HOLDINGS) LIMITED |
| Material subsequent events | All shares of Spandex Australia Holding Pty Ltd were acquired and the company became a subsidiary on 1 April 2026. The purchase consideration was ¥3,378 million, and the amount of goodwill has not yet been determined. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 67,244,284 |
| Treasury Shares at Period-End | 4,922,351 |
| Factors Behind Changes in Business Performance | The paper business reported lower revenue and profit due to declining demand for graphic paper and falling prices in some regions, including Europe and China. Meanwhile, the visual communications and packaging businesses reported higher revenue and profit, supported by resilient demand and contributions from companies acquired through M&A. |
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.The paper business declined due to lower demand for graphic paper and falling selling prices in Europe, China and other markets. For the fiscal year ending March 2027, the company expects the paper business's decline to be offset by contributions from businesses acquired through M&A, a higher e-commerce sales mix and market share gains.
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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