Consolidated Statement
(¥billion)
Net sales | FY2024/3 Result 1,167.3 | FY2025/3 Results 1,182.4 | Y on Y changes Amount % 15.1 1.3% | |
Operating income | 17.3 | 19.7 | 2.4 | 14.1% |
Ordinary income | 14.6 | 15.5 | 0.9 | 6.6% |
Net income * | 22.7 | 4.5 | -18.2 | -80.0% |
* Profit attributable to owners of parent
Net sales increased YoY due to growth in sales of household paper&healthcare and chemicals.
Operating income increased year-on-year due to strong performance in the Daily-Life Products Business (domestic) and Energy Business.
Despite impairment losses related to assets scheduled for shutdown at the Shiraoi and Yatsushiro plants and Opal, net
income exceeded the initial forecast due to the sale of cross-shareholdings and fixed assets.
Results by Segment(¥billion)
Net sales Operating income | ||||||
FY2024/3 Results | FY2025/3 Results | Y on Y changes | FY2024/3 Results | FY2025/3 Results | Y on Y changes | |
Paper and Paperboard | 570.2 | 565.9 | -4.3 | 11.7 | 8.3 | -3.4 |
Daily-Life Products | 436.8 | 457.9 | 21.1 | -8.1 | -6.1 | 2.0 |
Energy | 53.7 | 48.3 | -5.4 | 1.6 | 3.6 | 2.0 |
Wood Products and Construction Related | 75.5 | 78.8 | 3.3 | 9.8 | 9.6 | -0.2 |
Others | 31.1 | 31.5 | 0.4 | 2.3 | 4.3 | 2.0 |
Total | 1,167.3 | 1,182.4 | 15.1 | 17.3 | 19.7 | 2.4 |
Domestic | 913.4 | 913.9 | 0.5 30.4 | 31.6 | 1.2 |
Overseas | 253.9 | 268.5 | 14.6 -13.1 | -11.9 | 1.2 |
(¥billion)
Paper and Paperboard Business | Daily-Life Products Business | |||||
Volume, Sales Price | 4.9 | -2.4 | - | 7.3 | - | |
Raw material and fuel prices | -7.8 | -4.5 | Wood Chips -3.2, Wastepaper -8.3, Pulp -0.5 Oil -0.5, Coal 10.5, LNG 0.0, Chemicals, etc. -2.5 (Price 2.6, FOREX -7.1) | -3.3 | Pulp -1.2, Chemicals, etc. -2.1 | |
Cost reductions,etc. | -3.3 | -1.6 | Cost reductions 4.3, Labor costs -1.8, Logistics costs -4.1 | -1.7 | Cost reductions 0.5, Labor costs -0.8, Logistics costs -1.4 | |
Others | 4.8 | 5.1 | Overseas business 1.4,Depreciation 1.6, Retirement benefit expenses 4.0, Inventory value adjustment, etc. -1.9 | -0.3 | Overseas business 0.0, Depreciation -0.9 Inventory value adjustment, etc. 0.6 | |
Total | -1.4 | -3.4 | Domestic business -4.8, Overseas business 1.4 | 2.0 | Domestic business 2.0, Overseas business 0.0 | |
Other businesses | 3.8 | Energy 2.0,Wood Products and Construction Related -0.2, Others 2.0 | ||||
Operating income | 2.4 | |||||
Non-operating income | -1.5 | Net financial revenue 1.9, Equity in net income of affiliates 3.8, Foreign exchange difference -6.4, Others -0.8 | ||||
Ordinary income | 0.9 | |||||
(¥billion)
Net sales Operating income | ||||
FY2024/3 Results | FY2025/3 Results | Y on Y FY2024/3 changes Results | FY2025/3 Results | Y on Y changes |
570.2 | 565.9 | -4.3 11.7 | 8.3 | -3.4 |
Domestic ・Domestic sales volume of paper and paperboard products decreased year on year due to sluggish demand.
・Despite the stable price of coal and other fuels and the positive effect of cost improvements, profits
decreased year on year due to increase in labor and logistics cost．
Overseas ・Jujo Thermal (JTOy) saw its deficit shrink compared to the same period last year, despite the continued slump in demand for thermal paper in the European market.