Nippon Paper Industries Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of JPY 726,735 million, operating income of JPY 16,642 million, ordinary income of JPY 21,551 million, loss attributable to owners of JPY 6,287 million or JPY 54.32 per share against reported net sales of JPY 756,946 million, operating income of JPY 15,646 million, ordinary income of JPY 22,050 million, profit attributable to owners of JPY 14,211 million or JPY 122.77 per share a year ago. Income before income taxes and minority interests in consolidated subsidiaries of JPY 919 million against JPY 15,470 million a year ago.

For the fiscal ending March 31, 2017, the company expects net sales of JPY 990,000 million, operating income of JPY 28,000 million, ordinary income of JPY 28,000 million, profit attributable to owners of JPY 1,000 million or JPY 8.64 per share.

For the fiscal ending March 31, 2017, the company expects dividend of JPY 30.00 per share against JPY 30.00 per share paid for the same period a year ago.