Japan Pulp and Paper Company (8032) Q1 2027 earnings summary

Executive summary

• Revenue for the three months ended June 30, 2026 rose 8.0% year-over-year to ¥156,281 million, with operating profit up 29.7% to ¥3,149 million and ordinary profit up 35.4% to ¥3,524 million.

• Profit attributable to owners of parent increased 55.6% year-over-year to ¥1,814 million, and comprehensive income surged to ¥7,568 million from ¥305 million a year earlier.

Financial highlights

• Gross profit increased to ¥27,541 million from ¥24,734 million year-over-year, while selling, general and administrative expenses rose to ¥24,392 million.

• Basic earnings per share for the quarter was ¥16.42, up from ¥9.46 in the prior year.

• Total assets as of June 30, 2026 were ¥412,371 million, up from ¥394,704 million at the end of March 2026.

• Net assets increased to ¥143,190 million from ¥140,907 million at the end of March 2026.

Outlook and guidance

• Full-year revenue forecast for the fiscal year ending March 31, 2027 is ¥15,500 million in operating profit (up 42.9% year-over-year), ¥15,000 million in ordinary profit (up 37.8%), and ¥8,000 million in profit attributable to owners of parent (up 69.5%).

• Basic earnings per share for the full year is forecast at ¥73.85.

• Annual dividend forecast is ¥36.00 per share, up from ¥34.00 in the previous year.