QUICK Corp.

Equity Bottom-Up

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Full-year OP -43% plan due to decrease in sales volume remains unchanged
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OP decreased by 74% in 1H due to sluggish demand for paper and temporary expenses The consolidated financial results for 1H of FY3/21 were 11% YoY decrease in sales, OP was JPY4bn (-74% YoY), and net loss was JPY8bn (profit of JPY9.6bn in the same period of the previous year). In addition to the sharp decline in demand for printing paper and newspaper’s paper, temporary acquisition-related expenses of approximately…</li>
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Notes: This is translated from our Japanese report issued on 13 Aug 2020.
Affected by a decrease in sales volume, etc., the company expects OP to decrease by 43% YoY in this term
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In 1Q, OP decreased by 42% YoY due to drop in demand for printing paper The consolidated financial results for 1Q FY3/21 were a 14% YoY decrease in sales and an OP of JPY4.3bn (-42% YoY). Due to the sharp drop in demand for printing paper and newspaper paper, OP was forced to decrease significantly. Although there were…</li>
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Japan

Nippon Paper Industries Co. Ltd. manufactures and sells paper and pulp products.  The Company also manages wood building material business, logistic service, and leisure industry.

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