Japan Pulp and Paper Company Limited reported consolidated earnings results for the six months ended September 30, 2018. For the six months, the company reported net sales of JPY 259,927 million against JPY 245,204 million a year ago. Operating income of JPY 5,160 million against JPY 4,076 million a year ago. Ordinary income of JPY 5,336 million against JPY 4,104 million a year ago. Profit before income taxes was JPY 5,298 million against JPY 4,885 million a year ago. Profit was JPY 3,601 million against JPY 3,469 million a year ago. Profit attributable to owners of the parent of JPY 2,962 million or JPY 208.95 per diluted share against JPY 3,231 million or JPY 219.45 per diluted share a year ago.

The company also provided consolidated earnings guidance for the full year ending March 31, 2019. For the full year, the company expects net sales to be JPY 560,000 million, operating income to be JPY 12,000 million, ordinary income to be JPY 11,500 million, profit attributable to owners of parent to be JPY 5,700 million or JPY 404.45 per basic share.