Nippon Paper Industries Co., Ltd. Announces Dividend for the Year Ended March 31, 2018, Payable on June 29, 2018; Announces Consolidated Earnings Results for the Year Ended March 31, 2018
May 15, 2018 at 08:51 am EDT
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Nippon Paper Industries Co., Ltd. announced dividend of JPY 30.00 per share for the year ended March 31, 2018 compared to JPY 30.00 per share paid for the same period a year ago. Dividend payment date is June 29, 2018.
Nippon Paper Industries Co., Ltd. announced consolidated earnings results for the year ended March 31, 2018. For the period, the company reported net sales of JPY 1,046,499 million against JPY 992,428 million a year ago. Operating income was JPY 17,613 million against JPY 23,764 million a year ago. Profit attributable to owners of parent was JPY 7,847 million against JPY 8,399 million a year ago. Net income per share was JPY 67.80 against JPY 72.57 a year ago. Ordinary income was JPY 18,649 million against JPY 26,994 million a year ago. Return on equity was 1.8% against 2.0% a year ago. Cash flows from operating activities were JPY 44,944 million against JPY 87,087 million a year ago. Income before income taxes and minority interests in consolidated subsidiaries were JPY 18,332 million against JPY 22,784 million a year ago.
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 Dividend for the Year Ended March 31, 2018, Payable on June 29, 2018; Announces Consolidated Earnings Results for the Year Ended March 31, 2018