Nippon Paper Industries Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended March 31, 2020; Declares Dividend for the Full Year Ending March 31, 2020, Payable on June 26, 2020; Provides Dividend Guidance for the Six Months Ending September 30, 2020 and Full Year Ending March 31, 2021
May 15, 2020 at 04:50 am EDT
Share
Nippon Paper Industries Co., Ltd. announced consolidated earnings results for the full year ended March 31, 2020. For the period, the company reported net sales of JPY 1,043,912 million against JPY 1,068,703 million a year ago. Operating income was JPY 35,048 million against JPY 19,615 million a year ago. Net income attributable to equities of parent was JPY 17,118 million or JPY 122.89 per share against loss of JPY 32,742 million or JPY 304.34 per share a year ago.
The company declared dividend of JPY 30.00 per share for the full year ending March 31, 2020. The dividend is payable on June 26, 2020.
The company provided dividend guidance for the six months ending September 30, 2020 and full year ending March 31, 2021. The company expects to pay a dividend of JPY 10.00 per share for the six months ending September 30, 2020 and a final dividend of JPY 30.00 full year ending March 31, 2021.
Nippon Paper Industries Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of paper and pulp, paper related business, lumber, construction materials and engineering related business. The Company operates in three business segments. The Paper and Pulp segment manufactures and sells western paper, pulp, paper for home use, as well as the paper raw materials. The Paper-related segment manufactures and sells paper processed products, chemical products. The Lumber, Construction Materials and Civil Engineering-related segment purchases and sells lumber and construction materials, manufactures and sells construction materials, as well as involves in the civil engineering business.
Nippon Paper Industries Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended March 31, 2020; Declares Dividend for the Full Year Ending March 31, 2020, Payable on June 26, 2020; Provides Dividend Guidance for the Six Months Ending September 30, 2020 and Full Year Ending March 31, 2021
NIPPON PAPER INDUSTRIES CO., LTD. 
