Japan Pulp & Paper sees significant profit decline despite revenue rise

For the six months ended September 30, 2025, Japan Pulp & Paper Co. reported revenue of 287,131 million yen, an increase of 3.1% year-on-year. However, operating profit saw a significant drop of 47.1% to 4,327 million yen, while ordinary profit fell by 54.6% to 3,748 million yen. Profit attributable to owners of parent plummeted by 83.9% to 920 million yen.

The company's total assets at the end of the semi-annual period decreased by 11,169 million yen from the previous fiscal year-end, totaling 381,065 million yen, mainly due to decreases in trade receivables and deposits. Net assets also declined by 59 million yen to 145,505 million yen.

The company has revised its dividend policy and forecasts for the fiscal year ending March 31, 2026, with a projected full-year ordinary profit of 10,500 million yen and profit attributable to owners of parent of 2,000 million yen. The basic earnings per share forecast for the full year is 16.70 yen.