Fiscal Year 2025 Q3 Financial Presentation Materials

Overview of Performance

For the cumulative Q3 of fiscal 2025, consolidated net sales amounted to 889.5 billion yen, representing a 0.4% increase from the same period last year. Operating income rose 35.5% to 15 billion yen, particularly driven by sales expansion and profitability improvements in the lifestyle-related business. Ordinary income was 14 billion yen, and net income attributable to owners of parent was 7.8 billion yen, achieving substantial profit growth. The paper and paperboard business recorded net sales of 418.7 billion yen, a decline compared to the prior year period, with operating income at negative 200 million yen. In contrast, the lifestyle-related business posted net sales of 360.4 billion yen and operating income of 4.2 billion yen, both showing significant growth.

Segment Trends and Future Outlook

The paper and paperboard business experienced declines in sales and profits due to domestic and overseas demand decreases and cost increases. Meanwhile, the lifestyle-related business maintained solid performance backed by increased household tissue sales volume and price revision effects, as well as improved profitability of overseas subsidiaries Opal and NDP. The fiscal year 2025 full-year performance forecast anticipates net sales of 1.2 trillion yen, operating income of 30 billion yen, and net income of 10 billion yen, expecting both revenue and profit growth over the previous year. The company plans to monitor exchange rates and raw material costs closely while advancing cost reductions and improving the earnings structure.