Results for this period
Interim period (second quarter)1 April 2026–30 September 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.
Declining paper demand due to digitalisation, rising raw material and logistics costs, and lower sales volume and value. In terms of profitability, the company thoroughly pursued contribution margin, improved logistics efficiency, and reviewed logistics costs. Net loss resulted from recording subsidy repayments as an extraordinary loss.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 7,925 Million yen (YoY -1.9%) |
| Operating profit | 42 Million yen |
| Ordinary income | 57 Million yen |
| Profit attributable to owners of the parent | -37 Million yen |
| Net income per share | ¥(56.17) |
| Equity ratio | End of the current fiscal period 44 / End of previous period 41.7 |
| Total assets | 8,976 Million yen |
| Net assets | 3,948 Million yen |
| Full-year earnings forecast | Net Sales 16,500 Million yen (YoY +0.3%) / Operating profit 70 Million yen / Ordinary income 70 Million yen / Net income 65 Million yen (YoY +72.0%) |
| Revision to Earnings Forecast | None |
| Annual Dividend Forecast | 50 Yen → 50 Yen（0.0%） |
| Segment revenue | Wholesale paper business 7,880 Million yen (YoY -1.9%), Real Estate Leasing 39 Million yen (YoY -27.2%), Logistics Business 153 Million yen (YoY +4.8%) |
| Segment profit | Wholesale paper business 202 Million yen (YoY +66.9%), Real Estate Leasing 13 Million yen (YoY -33.7%), Logistics Business 16 Million yen (YoY +64.1%) |
| Depreciation and amortization | 32,699 Thousand yen |
| Breakdown of extraordinary income (loss) | Extraordinary income No / Extraordinary loss Repayment of subsidies 70,387 Thousand yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | No material changes (the number and names of companies added or excluded are Not disclosed) |
| Availability of Supplementary Financial Results Materials | None |
| Availability of Financial Results Briefing | No (no eligible attendees) |
| Issued Shares at Period-End | 735,344 |
| Treasury Shares at Period-End | 59,385 |
| Factors Behind Changes in Business Performance | Declining paper demand due to digitalisation, rising raw material and logistics costs, and lower sales volume and value. In terms of profitability, the company thoroughly pursued contribution margin, improved logistics efficiency, and reviewed logistics costs. Net loss resulted from recording subsidy repayments as an extraordinary loss. |
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.The decline in paper demand due to digitalisation and rising raw material and logistics costs are cited as factors behind the challenging operating environment. The company worked to ensure stable supply and improve profit margins, review logistics costs, thoroughly pursue contribution margin, and improve logistics efficiency. The reason for the net loss is stated to be the recording of subsidy repayments as an extraordinary loss.