Japan Pulp and Paper Company (8032) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue rose 9.1% YoY to ¥313.2bn; operating profit increased 25.4% to ¥5.4bn and profit attributable to owners rose to ¥3.4bn from ¥0.9bn.

• Ordinary profit increased 52.6% to ¥5.7bn, while comprehensive income reached ¥8.6bn versus ¥1.6bn a year earlier.

Financial highlights

• Gross profit was ¥55.7bn versus ¥49.3bn YoY; SG&A increased to ¥50.3bn from ¥45.0bn.

• Profit before income taxes was ¥6.9bn versus ¥3.6bn; total income taxes were ¥3.1bn versus ¥2.2bn.

• Basic EPS was ¥30.89 versus ¥7.47 YoY; diluted EPS was ¥30.82 versus ¥7.45.

Outlook and guidance

• FY2027 forecast: operating profit ¥13.0bn, up 19.8%; ordinary profit ¥12.0bn, up 10.2%; profit attributable to owners ¥6.0bn, up 27.1%; EPS ¥55.29.

• FY2027 forecast was revised on November 9; actual results may differ significantly due to various factors.