JAPAN PULP AND PAPER COMPANY LIMITED [8032.T]
TOKYO, May 13 (Pulse News Wire) – Japan Pulp and Paper Company Limited (8032.T) reported special losses totaling ¥8.468 billion for its fiscal year ending March 2026. The losses included impairment charges of ¥__NUM_0__ million related to overseas subsidiaries OVOL Papier Deutschland GmbH and two others, as well as domestic non-consolidated affiliates.
Of this amount, ¥8.394 billion pertains to consolidated subsidiaries and will be offset in consolidated results, having a minor impact. Additionally, restructuring costs of ¥2.464 billion associated with structural reforms at OVOL Papier and other overseas subsidiaries were recorded as extraordinary expenses.
Due to revised forecasts indicating delays in achieving projected earnings, the company also recognized goodwill impairment losses of ¥1.776 billion related to OVOL Papier and others. The effects of these special items are reflected in the company's recently released unaudited consolidated financial statements for the fiscal year ended March 2026.
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