Nippon Paper Industries Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 2020
August 07, 2019
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Nippon Paper Industries Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported net sales of JPY 260,968 million compared to JPY 260,864 million a year ago. Operating income was JPY 7,313 million compared to JPY 6,730 million a year ago. Profit attributable to owners of parent was JPY 4,180 million compared to loss of JPY 6,510 million a year ago. Net income per share was JPY 36.13 compared to loss of JPY 56.25 a year ago. Profit was JPY 5,008 million compared to loss of JPY 5,943 million a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. For the period, the company expected net sales of JPY 1,120,000 million, operating income of JPY 30,000 million and profit attributable to owners of JPY 13,000 million or JPY 112.34 per share.
The company provided dividend guidance for the second quarter and full year ending March 2020. For the quarter, the company expected dividend of JPY 10 per share compared to nil a year ago.
For the full year, the company expected year end dividend of JPY 30 per share compared to JPY 30 per share paid in the same period ago.
Nippon Paper Industries Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of paper products, as well as the energy business, and the construction materials and civil engineering business. The Company has four business segments. The Paper and Paperboard segment is engaged in the manufacture and sale of western paper, paperboard, thermal paper, pulp and papermaking raw materials. The Lifestyle Related segment is engaged in the manufacture and sale of household paper, container base paper, processed paper products, cardboard and chemical products. The Energy segment is engaged in the operation of power generation facilities, as well as the provision and sale of electricity. The Lumber, Construction Materials and Civil Engineering Related segment is engaged in the purchase and sale of lumber, the manufacture, purchase and sale of construction materials, and the civil engineering business. The Company is also engaged in the logistics and leisure business.
Nippon Paper Industries Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 2020
NIPPON PAPER INDUSTRIES CO., LTD. 
