Japan Pulp and Paper Company Limited announced consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company announced net sales of JPY 388,216 million against JPY 353,890 million a year ago. Operating income was JPY 7,111 million against JPY 5,952 million a year ago. Profit before income taxes was JPY 7,913 million against JPY 7,271 million a year ago. Profit attributable to owners of parent company was JPY 4,706 million or JPY 321.05 per diluted share against JPY 4,626 million or JPY 336.54 per diluted share a year ago.

The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the full year, the company expects to report net sales of JPY 530,000 million, operating income of JPY 9,500 million, ordinary income of JPY 9,000 million and profit attributable to owners of parent company of JPY 5,200 million or JPY 355.68 per basic share.

The company provided year-end dividend guidance for the fiscal year ending March 31, 2018. The company expects to pay year-end dividend of JPY 50.00 per share compared to JPY 5.00 per share paid a year ago.