Nippon Paper Industries Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 784,243 million, operating income of JPY 21,872 million, ordinary income of JPY 20,391 million, Profit attributable to owners of JPY 10,392 million or JPY 89.82 per share against net sales of JPY 801,738 million, operating income of JPY 11,353 million, ordinary income of JPY 14,466 million, loss attributable to owners of JPY 38,923 million or JPY 336.34 per share a year ago.

For the year ending March 31, 2020, the company expects net sales of JPY 1,070,000 million, operating income of JPY 30,000 million; Ordinary income was JPY 28,000 million and Profit attributable to owners of parent of JPY 13,000 million or JPY 112.34 per share.