Investor Relations
IR News Releases
IR Schedule
Business Results
Management Objectives
Financial Information
Financial Indicators
Information for Stockholders
IR Library
IR Contacts

Financial Indicators (Consolidated)
FY2008 Annual (Apr. 1, 2008 - Mar. 31, 2009) Graph
FY2004 FY2005 FY2006 FY2007 FY2008
Net Sales Annual (100 million yen) 11,851 12,138 12,657 13,183 12,671
Midterm (100 million yen) 5,885 5,733 6,222 6,420 6,762
Operating Profit Annual (100 million yen) 845 739 631 421 328
Midterm (100 million yen) 373 348 273 157 184
Ordinary Profit Annual (100 million yen) 805 707 641 380 287
Midterm (100 million yen) 365 326 271 142 154
Net Income Annual (100 million yen) 433 210 171 117 -63
Midterm (100 million yen) 192 55 57 9 43
Operating Profit to Net Sales (%) 1 7.1 6.1 5.0 3.2 2.6
Ordinary Profit to Net Sales (%) 2 6.8 5.8 5.1 2.9 2.3
Total Assets (100 milllion yen) 16,061 17,485 17,905 17,815 17,074
Shareholders' Equity (100 million yen)3 4,899 5,278 5,201 4,949 4,162
Interest-bearing Debt (100 million yen) 4 7,278 7,761 8,202 8,517 9,298
Equity Ratio5 30.5 30.2 29.0 27.8 24.4
Debt / Equity Ratio (times) 1.5 1.5 1.6 1.7 2.2
Shareholders' Equity per Share (yen) 484.50 533.38 526.36 500.39 421.04
Net Income per Share (yen) 42.06 21.15 17.35 11.90 -6.40
Return on Equity (ROE) (%) 6 9.0 4.1 3.3 2.3 -1.4
Capital Investment Annual (100 million yen) 745 958 1,110 1,013 1,232
Midterm (100 million yen) 307 456 538 557 567
Depreciation and
Amortization		 Annual (100 million yen) 780 785 804 888 890
Midterm (100 million yen) 386 374 386 429 436
Segment Results
for FY2008 Anuual		 Pulp and
paper
product		 Converted
paper
product		 Wood and
tree-
planting		 Other Total
Net Sales (100 million yen) 6,983 4,484 374 828 12,671
  Compared to the Previous Same Period (%) -3.3 -3.4 -15.1 -6.1 -3.9
Operating Profit (100 million yen) 153 94 10 69 328
  Compared to the Previous Same Period (%) -12.0 -28.5 -68.7 -13.5 -22.0
FY2007          
Net Sales (100 million yen) 7,219 4,640 441 882 13,183
  Compared to the Previous Same Period (%) 4.7 5.8 -10.0 -0.4 4.2
Operating Profit (100 million yen) 174 132 33 80 421
  Compared to the Previous Same Period (%) -50.8 -6.6 45.6 -27.9 -33.3

1
Operating Profit to Net Sales : Operating Profit / Net Sales x 100
2
Ordinary Profit to Net Sales : Ordinary Profit / Net Sales x 100
3
Shareholder's Equity : Net Assets - Stock Acquisition Right - Minority Interest
4
Interest-bearing Debt : Long-Term and Short-Term Debt + Commercial Paper + Corporate Bonds + Long-Term Debt and Corporate Bonds to be Repaid or Redeemed within One Year + Discount on Notes Receivable
5
Equity Ratio : Shareholders' Equity / Total Assets x 100
6
Return on Equity (ROE) : Net Profit /{( Shareholders' Equity at the Previous Year - End + Shareholders' Equity at the Current Fiscal Year-End )/2} x 100

Net Sales, Operating Profit, Operating Profit to Net Sales
Net Sales, Operating Profit, Operating Profit to Net Sales
Page Top

Net Sales and Operating Profit by Segment
Net Sales and Operating Profit by Segment
Page Top

Ordinary Profit, Net Income, Ordinary Profit to Net Sales
Ordinary Profit, Net Income, Ordinary Profit to Net Sales
Page Top

Total Assets, Shareholders' Equity, Interest-bearing Debt, Equity Ratio, Debt / Equity Ratio
Total Assets, Shareholders' Equity, Interest-bearing Debt, Equity Ratio, Debt / Equity Ratio
Page Top

Shareholders' Equity per Share, Net Income per Share, Return on Equity (ROE)
Shareholders' Equity per Share, Net Income per Share, Return on Equity (ROE)
Page Top

Capital Investment, Depreciation and Amortization
Capital Investment, Depreciation and Amortization
Page Top