Japan Pulp and Paper Company Limited Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Overview of Results

For the period, consolidated revenue was 313,228 million yen (YoY +9.1%), operating income was 5,426 million yen (YoY +25.4%), ordinary income was 5,721 million yen (YoY +52.6%), and net income attributable to owners of parent for the interim period was 3,398 million yen (YoY +269.3%). By segment, domestic wholesale progressed steadily, while overseas wholesale showed mixed trends due to foreign exchange effects and the impact of complementary M&A. Supplementary materials for the earnings presentation have been prepared, and revisions to future forecasts have been announced.

Outlook and Dividends

The full-year forecasts for the fiscal year ending March 2027 have been revised, with earnings per share for the full year set at 55.29 yen. Dividends totaled 34 yen for the fiscal year ended March 2026, and a total dividend of 36 yen is forecast for the fiscal year ending March 2027. A share buyback has also been implemented pursuant to a board resolution. In segment trends, demand for paper and paperboard and the effects of price adjustments will continue to have an impact.