Nippon Paper Industries has put a number on the damage from the Kumamoto earthquake: a ¥15bn extraordinary loss in its standalone results for the interim period of the year to March 2027. The company disclosed the figure in an extraordinary report filed with the Kanto Local Finance Bureau on 9 November.
What the loss covers
The report says the Reiwa 8 Kumamoto earthquake of 28 July 2026 left the Yatsushiro mill in Kumamoto prefecture with severe damage that halted operations. The company booked three components under the earthquake loss line in the individual (standalone) accounts: impairment losses on fixed assets, write-downs of inventory, and fixed costs incurred during the shutdown period.
The report gives one combined figure, ¥15bn, labelled as an individual-account loss. It does not split the amount among the three components. It is not described as a consolidated charge, and the filing gives no consolidated figure.
The company filed the report because the event significantly affects its financial position, operating results and cash flows, under Article 24-5(4) of the Financial Instruments and Exchange Act and the relevant Cabinet Office ordinance.
What is not given
The extraordinary report sets out no restart timetable for the mill. It also does not say whether the loss is expected to change the company's full-year forecast.
The news here is the quantified cost, not the earthquake, which struck more than three months before the filing. Earlier Tokyo Brief coverage is also available.
The company also filed an amended shelf registration for its bonds on the same day. It lists a ¥100bn planned issuance ceiling and gives as its reason the submission of an amended extraordinary report on 9 November. The amendment text does not describe what was corrected.