Japan Pulp and Paper Company Limited announced consolidated earnings results for the nine months ended December 31, 2018. For the nine months, the company announced net sales of JPY 405,536 million against JPY 388,216 million a year ago. Operating profit was JPY 8,882 million against JPY 7,059 million a year ago. Profit was JPY 6,516 million against JPY 5,428 million a year ago. Basic earnings per share were JPY 377.32 against JPY 319.36 a year ago. Diluted earnings per share were JPY 375.16 against JPY 317.57 a year ago.

The company provided consolidated earnings guidance for the full year ending March 31, 2019. For the full year, the company expected net sales of JPY 560,000 million, operating profit of JPY 12,000 million, and profit attributable to owners of parent company of JPY 5,700 million or JPY 404.45 per basic share.