JSP Corporation Reports 5.3% Increase in Net Sales, 20.7% Decline in Profit Attributable to Owners for FY2025
JSP Corporation reported a 5.3% increase in net sales to ¥142.25 billion for FY2025, but profit attributable to owners fell by 20.7% to ¥5.066 billion. Operating profit decreased by 8.9% due to lower sales of value-added products and rising labor costs. The company attributed the sales increase to product pricing revisions, while the global economic environment remains uncertain. JSP is focusing on sustainability and has reclassified some subsidiaries into the Extrusion Business segment.
JSP Corporation has announced its financial results for the fiscal year ended March 31, 2025. The company reported net sales of ¥142.25 billion, reflecting a 5.3% increase compared to the previous year. Despite the rise in net sales, operating profit declined by 8.9% to ¥6.888 billion, and ordinary profit fell by 10.0% to ¥7.311 billion. Profit attributable to owners of the parent was ¥5.066 billion, marking a decrease of 20.7% year on year. The increase in net sales was primarily driven by product pricing revisions. However, the decline in operating profit was attributed to decreased sales of some value-added products and higher labor costs. The global economic environment remained uncertain, influenced by the prolonged crisis in Ukraine and economic conditions in Europe and China. Despite these challenges, the Japanese economy showed a modest upturn, supported by improvements in employment and income environment. JSP Corporation continues to focus on sustainability management, emphasizing environmentally friendly products and plastic resource recycling. The company's report also highlighted a reclassification of subsidiaries previously listed under "Other" to the "Extrusion Business" segment due to changes in business management.
