Japan Pulp and Paper Company (8032) Q3 2026 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2025 rose 9.2% year-over-year to ¥442,941 million, but operating profit fell 33.6% to ¥7,626 million and profit attributable to owners of parent dropped 27.2% to ¥5,080 million.

• Comprehensive income decreased 14.5% year-over-year to ¥6,750 million.

Financial highlights

• Gross profit increased to ¥76,212 million from ¥66,859 million year-over-year, but selling, general and administrative expenses rose sharply, reducing operating profit.

• Basic earnings per share for the period was ¥41.85, down from ¥56.62 year-over-year (adjusted for a 10-for-1 stock split).

• Extraordinary income rose to ¥3,269 million, mainly from gains on sale of investment securities.

• Total assets increased to ¥398,363 million, while net assets decreased to ¥141,874 million due to treasury share purchases and dividend payments.

Outlook and guidance

• Full-year forecast for profit attributable to owners of parent is ¥4,000 million, a 47.2% decrease year-over-year, with basic EPS projected at ¥33.40.

• No revisions to previously announced forecasts.