Mitsubishi Paper Mills Ltd. reported unaudited consolidated earnings results for the Nine Months Ended December 31, 2016. For the period, the company reported net sales of JPY 150,822 million compared to JPY 161,722 million a year ago. Operating income was JPY 3,200 million compared to JPY 1,935 million a year ago. Ordinary income was JPY 2,250 million compared to JPY 1,071 million a year ago. Profit attributable to owners of parent was JPY 988 million or JPY 28.92 per share compared to JPY 977 million or JPY 26.61 per share a year ago. Profit before income taxes was JPY 1,598 million compared to JPY 1,907 million a year ago.

For the year ending March 31, 2017, the company expects net sales of JPY 207,000 million, operating income of JPY 4,500 million, ordinary income of JPY 2,500 million and profit attributable to owners of the parent of JPY 1,000 million or JPY 29.25 per share.