Results Snapshot
Figures in Million
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
15,796.92
16,032.06
16,124.09
16,068.89
15,619.40
14,611.43
18,388.00
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
15,796.92
16,032.06
16,124.09
16,068.89
15,619.40
14,611.43
18,388.00
Raw Material Cost
12,696.80
12,918.84
12,949.04
12,936.20
12,796.13
12,080.87
15,035.99
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
24.77
25.94
20.90
14.29
6.39
7.04
7.70
Selling and Distribution Expenses
3,000.72
2,970.53
3,017.00
2,994.35
2,661.58
2,521.82
3,161.00
Other Expenses
-2.48
-2.59
-2.09
-1.43
-0.64
-0.70
-0.77
Total Expenditure (Excl Depreciation)
15,697.52
15,889.38
15,966.04
15,930.55
15,457.71
14,602.68
18,196.98
Operating Profit (PBDIT) excl Other Income
99.39999999999999
142.7
158.1
138.3
161.70000000000002
8.7
191
Other Income
106.07
80.11
83.30
1,213.38
90.34
-203.97
59.45
Operating Profit (PBDIT)
357.93
384.89
355.80
1,454.48
353.24
-89.39
346.36
Interest
24.77
25.94
20.90
14.29
6.39
7.04
7.70
Exceptional Items
-4.14
-4.66
0.00
-57.54
-97.42
178.39
-4.73
Gross Profit (PBDT)
3,100.12
3,113.21
3,175.05
3,132.68
2,823.27
2,530.56
3,352.01
Depreciation
187.85
162.10
114.45
102.76
101.21
105.84
95.89
Profit Before Tax
141.18
192.19
220.44
1,279.88
148.22
-23.88
238.03
Tax
62.54
75.16
84.11
405.08
60.96
10.90
83.43
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
78.63
117.03
136.33
874.80
87.26
-34.78
154.60
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
78.63
117.03
136.33
874.80
87.26
-34.78
154.60
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
78.63
117.03
136.33
874.80
87.26
-34.78
154.60
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
10,246.67
9,916.56
10,098.47
9,409.73
8,530.70
8,715.80
8,593.15
Earnings per share (EPS)
8.38
12.37
14.41
91.37
9.05
-3.61
16.03
Diluted Earnings per share
8.38
12.37
14.41
91.37
9.05
-3.61
16.03
Operating Profit Margin (Excl OI)
0.41%
0.89%
0.98%
0.86%
1.04%
0.06%
1.04%
Gross Profit Margin
2.08%
2.21%
2.08%
8.6%
1.6%
0.56%
1.82%
PAT Margin
0.5%
0.73%
0.85%
5.44%
0.56%
-0.24%
0.84%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is -1.47% vs -0.57% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is -32.82% vs -14.16% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is -17.36% vs 11.85% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is -4.25% vs 23.92% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of Heiwa Paper Co., Ltd. With
Figures in Million
Consolidate Annual Results
Change(JPY)
Change(%)
Net Sales
15,796.92
13,748.16
2,048.76
14.90%
Other Operating Income
0.00
0.00
0.00
Total Operating income
15,796.92
13,748.16
2,048.76
14.90%
Raw Material Cost
12,696.80
9,383.55
3,313.25
35.31%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
24.77
6.01
18.76
312.15%
Selling and Distribution Expenses
3,000.72
3,654.27
-653.55
-17.88%
Other Expenses
-2.48
-0.60
-1.88
-313.33%
Total Expenditure (Excl Depreciation)
15,697.52
13,037.83
2,659.69
20.40%
Operating Profit (PBDIT) excl Other Income
99.41
710.33
-610.92
-86.01%
Other Income
106.07
37.90
68.17
179.87%
Operating Profit (PBDIT)
357.93
1,061.61
-703.68
-66.28%
Interest
24.77
6.01
18.76
312.15%
Exceptional Items
-4.14
12.57
-16.71
-132.94%
Gross Profit (PBDT)
3,100.12
4,364.60
-1,264.48
-28.97%
Depreciation
187.85
313.38
-125.53
-40.06%
Profit Before Tax
141.18
754.79
-613.61
-81.30%
Tax
62.54
353.06
-290.52
-82.29%
Provisions and contingencies
0
0
0.00
Profit After Tax
78.63
401.72
-323.09
-80.43%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
78.63
401.72
-323.09
-80.43%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
78.63
401.72
-323.09
-80.43%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
10,246.67
4,892.91
5,353.76
109.42%
Earnings per share (EPS)
8.38
78.02
-69.64
-89.26%
Diluted Earnings per share
8.38
78.02
-69.64
-89.26%
Operating Profit Margin (Excl OI)
0.41%
5.17%
0.00
-4.76%
Gross Profit Margin
2.08%
7.77%
0.00
-5.69%
PAT Margin
0.50%
2.92%
0.00
-2.42%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 1,579.69 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is -1.47% vs -0.57% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 7.86 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is -32.82% vs -14.16% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 25.19 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is -17.36% vs 11.85% in Mar 2025
Annual - Interest
Interest 2.48 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is -4.25% vs 23.92% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 0.41%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






