Sales of 5,187 million yen (YoY +20.4%), operating income 190 million yen, ordinary income 184 million yen, net income attributable to owners of parent 99 million yen. No change to full-year guidance. Equity ratio 23.1%, total assets 27,970 million yen, liabilities 19,041 million yen.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3896","jir_company_name":"Awa Paper Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/3896-20260810-01.pdf","jir_short_summary":"Sales of 5,187 million yen (YoY +20.4%), operating income 190 million yen, ordinary income 184 million yen, net income attributable to owners of parent 99 million yen. No change to full-year guidance. Equity ratio 23.1%, total assets 27,970 million yen, liabilities 19,041 million yen.","jir_summary":"### Overview of Results\nAwa Paper's first quarter saw revenue expand driven mainly by automotive-related materials and water treatment materials, with total sales of 5,187 million yen, up 20.4% from the same period last year. Operating income turned positive at 190 million yen, ordinary income 184 million yen, and net income attributable to owners of parent 99 million yen, recovering from a loss in the previous year. Improvements in business structure and solid market demand contributed.\n\n### Financial Position and Outlook\nAt the end of the first quarter, total assets were 27,970 million yen, net assets 8,929 million yen, and equity ratio 23.1%, remaining stable. Liabilities totaled 19,041 million yen. Currently, there is no change to the full-year earnings forecast, and we will continue to monitor progress based on the existing forecast. The segment is a single segment of Functional Paper and Nonwoven Fabric; for details, please refer to the materials.","jir_financial_highlights":"Sales: 5,187 (YoY +20.4%)\nOperating income: 190 (No change YoY (prior year was \u25b3212))\nOrdinary income: 184 (No change YoY (prior year was \u25b3229))\nNet income attributable to owners of parent: 99 (Positive YoY)\nEquity ratio: 23.1%","jir_category":"","jir_hashtags":"#AwaPaper, #EarningsRelease, #OutlookThisTerm","jir_key_figures":"Sales: 5,187\u767e\u4e07\u5186\uff08YoY +20.4%\uff09\nOperating income: 190\u767e\u4e07\u5186\uff08YoY \u25b3212\u5186 prior year\uff09\nOrdinary income: 184\u767e\u4e07\u5186\uff08YoY \u25b3229\u5186 prior year\uff09","jir_meta_title":"\u3010Awa Paper\u3011FY2027 Q1 Financial Summary \u2014 Sales 5,187 million yen, back to profit","jir_meta_description":"Summary of Awa Paper's FY2027 Q1 financial results. Sales 5,187 million yen, up 20.4% YoY; operating income 190 million yen; net income 99 million yen. No change to full-year guidance. Healthy capital structure with equity ratio 23.1%.","jir_og_title":"\u3010Awa Paper\u3011FY2027 Q1 Financial Summary \u2014 Sales 5,187 million yen","jir_og_description":"Awa Paper achieved profitability in Q1 with sales of 5,187 million yen, operating income 190 million yen, and net income 99 million yen. Full-year guidance unchanged.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Sales Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1-2026\\\",\\\"Q1-2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Sales\\\",\\\"data\\\":[4309,5187]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1-2026\\\",\\\"Q1-2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating income\\\",\\\"data\\\":[-212,190]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"net_income_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1-2026\\\",\\\"Q1-2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net income\\\",\\\"data\\\":[-273,99]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"assets_breakdown\", \"jir_chart_type\": \"pie\", \"jir_chart_title\": \"Assets Breakdown\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"pie\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Current assets\\\",\\\"Non-current assets\\\"],\\\"datasets\\\":[{\\\"data\\\":[10228463,27710278]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"equity_ratio\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Equity Ratio Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"End of 2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Equity ratio\\\",\\\"data\\\":[23.1]}]},\\\"options\\\":{}}\"}]","ir_related_company":60581,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-101676","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n