JP-listed companies
Chuetsu Pulp & Paper Co.,Ltd.

Chuetsu Pulp & Paper Co.,Ltd.JP:3877

Market cap

¥21.5B

P/E ratio

4.1x

Income statement Balance sheet Cash flow

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023
Net sales	90,506	99,721	101,141	99,927	93,882	94,824	96,716	95,140	81,938	90,104	105,668
Cost of sales	73,748	79,845	82,370	81,705	75,749	79,488	81,288	77,540	68,126	76,235	91,057
Gross profit (loss)	16,758	19,876	18,770	18,221	18,132	15,335	15,427	17,600	13,811	13,869	14,611
Sales commission	6,854	6,913	6,691	6,460	6,552	6,357	5,334	4,877	4,406	182	140
Transportation costs	5,227	5,843	6,132	5,893	5,461	5,699	5,814	5,774	4,785	6,046	6,789
Storage costs	1,098	1,004	1,087	1,213	1,351	1,339	1,450	1,520	1,589	1,603	1,519
Remuneration for directors (and other officers)	305	274	333	317	284	286	261	262	223	224	228
Salaries and allowances	1,186	1,088	1,181	1,160	1,188	1,186	1,219	1,246	1,276	1,334	1,353
Retirement benefit expenses	131	142	126	127	110	89	90	95	105	110	123
Research and development expenses	198	164	185	160	197	170	195	272	286	383	210
Depreciation	151	154	188	174	145	117	112	103	124	141	162
Other	1,347	1,263	1,218	1,300	1,352	1,331	1,346	1,390	1,360	1,488	1,489
Selling, general and administrative expenses	16,499	16,849	17,145	16,808	16,643	16,578	15,825	15,542	14,159	11,516	12,016
Selling, general and administrative expenses	16,499	16,849	17,145	16,808	16,643	16,578	15,825	15,542	14,159	11,516	12,016
Operating profit (loss)	258	3,026	1,625	1,413	1,489	-1,242	-397	2,057	-347	2,352	2,594
Interest income	2	4	6	11	34	98	103	94	84	75	66
Dividend income	125	126	144	142	150	136	156	128	128	138	189
Commission income	7	8	7	7	7	7	7	6	5	4	4
Other	122	113	75	96	61	54	66	41	19	19	55
Rental income from facilities	43	27	21	19	28	28	27	27	12	15	16
Non-operating income	660	532	598	365	500	417	813	351	456	1,052	1,148
Gain on sale of scraps	37	102	33	19	17	22	18	12	14	27	31
Foreign exchange gains	253	150	206	-	-	-	108	-	133	453	508
Gain on insurance adjustment	-	14	102	8	151	12	37	15	7	11	12
Share of profit of entities accounted for using equity method	-	-	-	-	-	34	288	24	51	306	262
Other	122	113	75	96	61	54	66	41	19	19	55
Non-operating income	660	532	598	365	500	417	813	351	456	1,052	1,148
Interest expenses	455	404	336	297	251	234	230	224	235	277	248
Commission expenses	35	112	35	35	24	20	21	25	68	24	18
Other	48	99	103	92	57	103	42	74	54	26	77
Other	48	99	103	92	57	103	42	74	54	26	77
Non-operating expenses	538	616	474	458	592	468	295	422	427	328	344
Non-operating expenses	538	616	474	458	592	468	295	422	427	328	344
Ordinary profit (loss)	380	2,943	1,748	1,319	1,397	-1,293	121	1,985	-319	3,077	3,397
Gain on sale of investment securities	393	10	-	50	27	-	677	1	-	6	-
Insurance claim income	-	-	-	-	-	-	-	-	-	146	-
Gain on sale of non-current assets	-	54	517	324	5	9	4	52	2	13	23
Gain on sale of investment securities	393	10	-	50	27	-	677	1	-	6	-
Insurance claim income	-	-	-	-	-	-	-	-	-	146	-
Other	-	-	-	-	-	-	-	1	-	-	-
Extraordinary income	393	65	645	470	938	278	681	57	3	230	23
Gain on liquidation of subsidiaries and associates	-	-	-	-	-	95	-	2	-	64	-
Extraordinary income	393	65	645	470	938	278	681	57	3	230	23
Loss on retirement of inventories	-	-	-	-	-	-	-	-	-	-	50
Loss on retirement of non-current assets	319	676	327	964	290	386	316	310	184	470	32
Impairment losses	4	-	-	-	236	3,763	-	-	482	337	139
Provision for assets removal	-	989	-	-	-	-	-	-	-	320	-
Provision for environmental measures	-	-	-	-	-	-	-	-	-	156	-
Business restructuring cost	-	-	-	-	-	-	-	-	-	164	36
Other	51	75	-	44	2	-	2	3	83	117	-
Extra retirement payments	20	387	53	10	28	23	58	8	27	22	43
Extraordinary losses	395	2,129	381	1,355	724	4,374	377	613	778	1,589	301
Other	51	75	-	44	2	-	2	3	83	117	-
Extraordinary losses	395	2,129	381	1,355	724	4,374	377	613	778	1,589	301
Profit (loss) before income taxes	378	878	2,013	435	1,611	-5,389	425	1,429	-1,093	1,718	3,119
Income taxes - current	154	366	325	252	349	175	150	341	111	390	472
Income taxes - deferred	-26	-20	79	20	6	-358	-447	170	-152	71	-386
Income taxes	127	346	405	272	355	-182	-296	512	-40	461	85
Profit (loss)	-	-	1,608	162	1,255	-5,206	721	917	-1,052	1,256	3,034
Profit (loss) attributable to non-controlling interests	-	-	-	-	-	-	-	-1	-	-11	-16
Profit (loss) attributable to owners of parent	-	-	1,608	162	1,255	-5,206	721	919	-1,052	1,268	3,050