Nippon Paper Industries Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2013. For the period, the company reported net income of ¥14,995 million or ¥129.51 per share, operating income of ¥17,913 million on net sales of ¥801,886 million compared to net income of ¥7,453 million or ¥64.37 per share, operating income of ¥17,515 million on net sales of ¥770,986 million for the same period a year ago. Income before income taxes and minority interests in consolidated subsidiaries was ¥24,562 million compared to ¥10,654 million for the same period a year ago. Net cash provided by operating activities was ¥29,905 million compared to ¥12,409 million for the same period a year ago. Amount spent on purchases of noncurrent assets was ¥25,500 million compared to ¥26,860 million for the same period a year ago.

For the fiscal year ending March 31, 2014, the company expected net income of ¥15,000 million or ¥129.55 per share, operating income of ¥30,000 million and net sales of ¥1,070,000 million.