Mitsubishi Paper Mills Ltd. reported unaudited consolidated earnings results for the Nine Months Ended December 31, 2017. For the period, the company reported net sales of JPY 150,559 million compared to JPY 150,822 million a year ago. Operating income was JPY 863 million compared to JPY 3,200 million a year ago. Ordinary income was JPY 811 million compared to JPY 2,250 million a year ago. Loss attributable to owners of parent was JPY 287 million compared to profit of JPY 988 million a year ago. Loss of JPY 8.41 per share compared to profit of JPY 28.92 a year ago. Income before taxes was JPY 633 million compared to JPY 1,598 million a year ago.

For the year ending March 31, 2018, the company expects net sales of JPY 201,000 million, operating income of JPY 1,500 million, ordinary income of JPY 1,000 million and profit attributable to owners of the parent of JPY 1,500 million or JPY 43.88 per share.