At its earnings announcement on the afternoon of 6 November, Nippon Paper said it had remained profitable in the July–September quarter, while its full-year consolidated net income was expected to fall into a loss.
Nippon Paper’s consolidated net income for the cumulative second quarter of the fiscal year ending March 2027 (April–September) increased to ¥5.26 billion. This was 7.0 times the year-earlier figure, keeping the company profitable.
However, its full-year earnings forecast announced at the same time indicated that consolidated net income was expected to fall into a ¥40 billion loss.
While consolidated net income for the latest 3-month period, July–September, returned to a ¥5.49 billion profit, the operating margin on sales deteriorated from 1.2% in the year-earlier period to -0.7%.