Nippon Paper Industries Revises FY27 Forecast Indefinite Due to Washington Plant Accident and Earthquake Damage
TOKYO, Aug 05 (Pulse News Wire) – Nippon Paper Industries CO.,LTD. (3863.T) revised its fiscal year 2027 forecast indefinite due to accidents affecting its operations.
On May 26, 2026, a tank collapse occurred at its subsidiary, Nippon DynaWave Packaging in Washington State, USA. Additionally, the Kumamoto earthquake on July 28, 2026, caused damage to the company's Yatsushiro plant in Kumamoto Prefecture. As a result, the previously announced forecasts for the fiscal year ending March 31, 2027, cannot be reasonably estimated.
The company’s previous estimates for the fiscal year 2027 were: | Metric | Previous Estimate (A) | |-----------------|----------------------| | Revenue | ¥1.22 trillion | | Operating Profit| ¥25.00 billion | | Ordinary Profit | ¥18.00 billion | | Net Income | ¥10.00 billion | | Earnings per Share | ¥86.7 million | After the incidents, the revised forecast stands as follows: | Metric | Revised Estimate (B) | |-----------------|----------------------| | Revenue | Indeterminate | | Operating Profit| Indeterminate | | Ordinary Profit | Indeterminate | | Net Income | Indeterminate | | Earnings per Share | Indeterminate | The company continues to assess the impact of these events but finds it challenging to estimate their effect on group performance accurately. It plans to disclose updated forecasts once reasonable predictions can be made. Prior-year figures for comparison: | Metric | Fiscal Year 2026 Actuals | |-----------------|--------------------------| | Revenue | ¥1.19 trillion | | Operating Profit| ¥25.20 billion | | Ordinary Profit | ¥23.10 billion | | Net Income | ¥11.74 billion | | Earnings per Share | ¥101.7 million | Nippon Paper will update stakeholders promptly upon having more definitive data.
