Financials FP Corporation

Stocks

7947

JP3167000003

Non-Paper Containers & Packaging

Market Closed - Japan Exchange 07:30:00 01/09/2026 BST			5-day change	1st Jan Change
2,838.00 ^JPY	+1.03%		+1.72%	+7.91%

07-31	FP Corporation Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
05-21	Fp Corporation Announces Approves Dividend for the Fiscal Year Ended March 31, 2026, Payable on June 8, 2026	CI

Projected Income Statement: FP Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net sales ¹	195,700	211,285	222,100	235,628	240,490	259,333	261,299	255,028
Change	-	7.96%	5.12%	6.09%	2.06%	7.84%	0.76%	-2.4%
EBITDA ¹	29,520	30,883	31,481	33,222	36,208	37,900	40,533	37,654
Change	-	4.62%	1.94%	5.53%	8.99%	4.67%	6.95%	-7.1%
EBIT ¹	15,884	16,703	16,429	18,471	21,614	23,075	25,150	23,191
Change	-	5.16%	-1.64%	12.43%	17.02%	6.76%	8.99%	-7.79%
Interest Paid	-69	-137	-158	-198	-329	-	-	-
Earnings before Tax (EBT) ¹	16,458	16,930	16,984	18,286	21,457	23,167	25,467	25,550
Change	-	2.87%	0.32%	7.67%	17.34%	7.97%	9.93%	0.33%
Net income ¹	11,206	11,529	11,724	12,486	14,869	15,775	16,210	15,850
Change	-	2.88%	1.69%	6.5%	19.09%	6.09%	2.76%	-2.22%
Announcement Date	28/04/22	28/04/23	30/04/24	30/04/25	30/04/26	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2	2028 Q3	2028 Q4
Net sales ¹	47,647	49,720	53,512	44,821	49,437	53,125	60,249	48,474	53,233	55,493	62,034	51,340	55,131	59,761	66,714	54,022	57,813	61,647	66,979	54,051	61,849	65,116	72,326	58,980	64,500	64,900	73,700	59,400
Change	-	4.35%	7.63%	-16.24%	10.3%	7.46%	13.41%	-19.54%	9.82%	4.25%	11.79%	-17.24%	7.38%	8.4%	11.63%	-19.02%	7.02%	6.63%	8.65%	-19.3%	14.43%	5.28%	11.07%	-18.45%	9.36%	0.62%	13.56%	-19.4%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	4,051	4,497	5,417	1,919	2,765	3,307	8,101	2,530	2,980	4,001	6,544	2,904	2,190	4,282	8,440	3,559	3,930	5,366	8,499	3,819	4,166	5,500	9,050	4,400	6,000	6,400	9,500	-60,000
Change	-	11.01%	20.46%	-64.57%	44.09%	19.6%	144.97%	-68.77%	17.79%	34.26%	63.56%	-55.62%	-24.59%	95.53%	97.1%	-57.83%	10.42%	36.54%	58.39%	-55.07%	9.09%	32.02%	64.55%	-51.38%	36.36%	6.67%	48.44%	-731.58%
Charge d'intérêts	-16	-	-18	-	-22	-	-40	-	-39	-	-40	-	-42	-	-52	-	-62	-	-82	-	-133	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,071	-	5,716	-	2,951	-	8,271	-	3,349	4,160	6,622	2,853	2,235	4,237	8,402	3,412	4,014	5,270	8,461	3,712	4,244	5,400	8,600	4,300	6,000	6,500	9,600	4,600
Change	-	-	-	-	-	-	-	-	-	24.22%	59.18%	-56.92%	-21.66%	89.57%	98.3%	-59.39%	17.64%	31.29%	60.55%	-56.13%	14.33%	27.24%	59.26%	-50%	39.53%	8.33%	47.69%	-52.08%
Net income ¹	2,734	3,069	3,856	1,547	1,947	2,184	5,679	1,719	2,244	2,878	4,524	2,078	1,452	2,885	5,762	2,387	2,804	3,621	5,833	2,611	2,832	3,900	5,800	-121.9	4,200	4,500	6,500	-300,000
Change	-	12.25%	25.64%	-59.88%	25.86%	12.17%	160.03%	-69.73%	30.54%	28.25%	57.19%	-54.07%	-30.13%	98.69%	99.72%	-58.57%	17.47%	29.14%	61.09%	-55.24%	8.46%	37.71%	48.72%	-102.1%	3,545.45%	7.14%	44.44%	-4,715.38%
Announcement Date	30/07/21	29/10/21	31/01/22	28/04/22	29/07/22	31/10/22	31/01/23	28/04/23	31/07/23	30/10/23	31/01/24	30/04/24	31/07/24	31/10/24	31/01/25	30/04/25	31/07/25	31/10/25	29/01/26	30/04/26	31/07/26	-	-	-	-	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2	2026 S1	2026 S2
Net sales ¹	98,333	102,562	108,723	108,726	113,374	114,892	120,736	119,460	121,030
Change	-	4.3%	6.01%	0%	4.27%	1.34%	5.09%	-1.06%	1.31%
EBITDA	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
EBIT ¹	7,336	6,072	10,631	6,981	9,448	6,472	11,999	9,296	12,318
Change	-	-17.23%	75.08%	-34.33%	35.34%	-31.5%	85.4%	-22.53%	32.51%
Charge d'intérêts	-	-58	-	-78	-	-89	-	-137	-
Earnings before Tax (EBT)	-	6,137	-	7,509	-	6,472	-	9,284	-
Change	-	-	-	-	-	-	-	-	-
Net income	-	4,131	-	5,122	-	4,337	-	6,425	-
Change	-	-	-	-	-	-	-	-	-
Announcement Date	28/04/22	31/10/22	28/04/23	30/10/23	30/04/24	31/10/24	30/04/25	31/10/25	30/04/26

¹JPY in Million

Estimates

Forecast Balance Sheet: FP Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net Debt ¹	58,420	77,905	69,077	61,493	55,149	71,200	75,945	76,629
Change	-	33.35%	-11.33%	-10.98%	-10.32%	29.1%	6.66%	0.9%
Announcement Date	28/04/22	28/04/23	30/04/24	30/04/25	30/04/26	-	-	-

¹JPY in Million

Estimates

Cash Flow Forecast: FP Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
CAPEX ¹	23,246	27,774	11,352	14,828	16,012	37,000	29,600	32,250
Change	-	19.48%	-59.13%	30.62%	7.98%	131.08%	-20%	8.95%
Free Cash Flow (FCF) ¹	282	-7,703	18,465	12,990	13,387	-10,550	7,300	-1,000
Change	-	-2,831.56%	339.71%	-29.65%	3.06%	-178.81%	169.19%	-113.7%
Announcement Date	28/04/22	28/04/23	30/04/24	30/04/25	30/04/26	-	-	-

¹JPY in Million

Estimates

Forecast Financial Ratios: FP Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Profitability
EBITDA Margin (%)	15.08%	14.62%	14.17%	14.1%	15.06%	14.61%	15.51%	14.76%
EBIT Margin (%)	8.12%	7.91%	7.4%	7.84%	8.99%	8.9%	9.63%	9.09%
EBT Margin (%)	8.41%	8.01%	7.65%	7.76%	8.92%	8.93%	9.75%	10.02%
Net margin (%)	5.73%	5.46%	5.28%	5.3%	6.18%	6.08%	6.2%	6.21%
FCF margin (%)	0.14%	-3.65%	8.31%	5.51%	5.57%	-4.07%	2.79%	-0.39%
FCF / Net Income (%)	2.52%	-66.81%	157.5%	104.04%	90.03%	-66.88%	45.03%	-6.31%
Profitability
ROA	6.55%	6.17%	5.62%	6.25%	7.3%	7.2%	6.6%	6.9%
ROE	8.8%	8.5%	8.2%	8.4%	9.4%	9.4%	9.06%	8.3%
Financial Health
Leverage (Debt/EBITDA)	1.98x	2.52x	2.19x	1.85x	1.52x	1.88x	1.87x	2.04x
Debt / Free cash flow	207.16x	-10.11x	3.74x	4.73x	4.12x	-6.75x	10.4x	-76.63x
Capital Intensity
CAPEX / Current Assets (%)	11.88%	13.15%	5.11%	6.29%	6.66%	14.27%	11.33%	12.65%
CAPEX / EBITDA (%)	78.75%	89.93%	36.06%	44.63%	44.22%	97.63%	73.03%	85.65%
CAPEX / FCF (%)	8,243.26%	-360.56%	61.48%	114.15%	119.61%	-350.71%	405.48%	-3,225%
Items per share
Cash flow per share ¹	303.6	314.1	327.7	336.9	364.3	-	-	-
Change	-	3.47%	4.33%	2.81%	8.14%	-	-	-
Dividend per Share ¹	47	47	57	61.5	73	78.5	81.8	82.75
Change	-	0%	21.28%	7.89%	18.7%	7.53%	4.2%	1.16%
Book Value Per Share ¹	1,610	1,704	1,796	1,898	2,033	2,153	2,244	2,352
Change	-	5.8%	5.41%	5.68%	7.15%	5.89%	4.24%	4.8%
EPS ¹	137	140.9	143.5	154.5	183.9	195	213.3	196
Change	-	2.85%	1.87%	7.64%	19.04%	6.07%	9.36%	-8.11%
Nbr of stocks (in thousands)	81,833	81,848	80,822	80,851	80,877	80,877	80,877	80,877
Announcement Date	28/04/22	28/04/23	30/04/24	30/04/25	30/04/26	-	-	-