Komori
Earnings9849KYODO PAPER HOLDINGSTrading & Wholesale

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

In the first quarter, net sales decreased 4.6% year on year, while operating profit improved to ¥20 million and ordinary profit to ¥35 million. However, because a ¥70.387 million repayment of subsidies was recorded as an extraordinary loss, quarterly net income attributable to owners of the parent was a loss of ¥47 million.

Worth reading
43Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
70387
Thousands of yen (repayment of subsidies)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales4,062¥ millionYear on year -4.6%Progress 24.6%
Operating profit20¥ millionYear on year +762.9%Progress 28.6%
Ordinary income35¥ millionYear on year +82.5%Progress 50.0%
Net income attributable to owners of the parent-47¥ million

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¥(69.53)
Financial position at period-end
Total assets9,328¥ million
of which net assets 3,899 ¥ millionEquity ratio 41.8%vs. prior year-end +0.1pt

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.

Segment revenue
Wholesale paper business4,03897.7%-4.6%
Real Estate Leasing Business190.5%-26.7%
Logistics781.9%+7.4%
Segment profit
Wholesale paper business10589.7%+25.9%
Real Estate Leasing Business65.1%-38.6%
Logistics65.1%+50.4%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥16,500 million (YoY +0.3%)
Operating profit¥70 million
Ordinary income¥70 million
Net income¥65 million (YoY +72.0%)
Annual Dividend Forecast¥50 → ¥50(0.0%)
Factors Behind Changes in Business Performance

Decreased sales volume, declining paper demand resulting from digitalization policies pursued by companies and government agencies, higher procurement and logistics costs, improved profit margins, the sale of rental real estate in the previous fiscal year, and recognition of the repayment of subsidies

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 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Repayment of subsidies ¥70,387 thousand
Depreciation and amortization¥16,506 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no attendees specified)
Issued Shares at Period-End735,344 Shares
Treasury Shares at Period-End59,385 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥4,062 million (YoY -4.6%)
Operating profit¥20 million (YoY +762.9%)
Ordinary income¥35 million (YoY +82.5%)
Profit attributable to owners of the parent¥-47 million
Net income per share¥(69.53)
Equity ratioEnd of the current fiscal period 41.8 / End of previous period 41.7
Total assets¥9,328 million
Net assets¥3,899 million
Full-year earnings forecastNet Sales ¥16,500 million (YoY +0.3%) / Operating profit ¥70 million / Ordinary income ¥70 million / Net income ¥65 million (YoY +72.0%)
Annual Dividend Forecast¥50 → ¥50(0.0%)
Segment revenueSegment Wholesale paper business / Net Sales ¥4,038 million / Year on year against the same period last year -4.6, Segment Real Estate Leasing Business / Net Sales ¥19 million / Year on year against the same period last year -26.7, Segment Logistics / Net Sales ¥78 million / Year on year against the same period last year 7.4
Segment profitSegment Wholesale paper business / Segment profit ¥105 million / Year on year against the same period last year 25.9, Segment Real Estate Leasing Business / Segment profit ¥6 million / Year on year against the same period last year -38.6, Segment Logistics / Segment profit ¥6 million / Year on year against the same period last year 50.4
Depreciation and amortization¥16,506 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Repayment of subsidies ¥70,387 thousand
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 consolidationNew 0 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no attendees specified)
Issued Shares at Period-End735,344 Shares
Treasury Shares at Period-End59,385 Shares
Factors Behind Changes in Business PerformanceDecreased sales volume, declining paper demand resulting from digitalization policies pursued by companies and government agencies, higher procurement and logistics costs, improved profit margins, the sale of rental real estate in the previous fiscal year, and recognition of the repayment of subsidies
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.

Demand for printing paper and information paper continued to decline as companies and government agencies pursued digitalization policies, while procurement and logistics costs also increased. At the same time, the company worked to maintain stable supplies and sales at appropriate prices and to improve profit margins. In addition, revenue and profit from the real estate leasing business decreased because rental real estate was sold in the previous fiscal year, and the repayment of subsidies was recorded as an extraordinary loss in the current period.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | KYODO PAPER HOLDINGS (9849) timely disclosure | Komori