Showa Paxxs Corporation Second Quarter (Interim) Financial Summary

Overview of Performance

In the second quarter, all segments showed steady sales growth, and total net sales amounted to 13,431 million yen (up 12.2% year-over-year). Operating income was 1,407 million yen (up 71.7%), ordinary income was 1,551 million yen (up 66.6%), and interim net income attributable to owners of parent was 1,057 million yen (up 62.4%), achieving profit growth. Meanwhile, an impairment loss of 45 million yen was recorded as a special loss associated with the rebuilding of the Tokyo plant. The full-year outlook remains unchanged with net sales of 25,000 million yen, ordinary income of 2,150 million yen, and net income attributable to owners of parent of 1,350 million yen.

Outlook and Impact on Shareholders

Against the backdrop of solid interim performance, the full-year forecast is being maintained. By segment, heavy packaging bags, films, containers, and real estate leasing each posted sales increases, and growth drivers are expected to continue. Although a temporary impairment occurred due to the Tokyo plant rebuilding, overall profitability is on an improving trend. Dividends are expected to follow the prior fiscal year level (20 yen year-end dividend for the fiscal year ended March 2026 plus a 10 yen commemorative dividend = 50 yen), and the company expects to maintain a second quarter-end dividend of 25 yen for the fiscal year ending March 2027.