Mitsubishi Paper Mills Ltd. reported consolidated earnings results for the six months ended September 2016. For the period, net sales were JPY 100,375 million against JPY 107,046 million a year ago. Operating income was JPY 1,980 million against JPY 594 million a year ago. Ordinary income was JPY 500 million against JPY 122 million a year ago. Loss attributable to owners of parent was JPY 294 million against JPY 512 million a year ago. Loss per share was JPY 8.61 against JPY 14.99 a year ago. Loss before income taxes was JPY 43 million against JPY 235 million a year ago.

For the year ending March 31, 2017, on consolidated basis, the company expects net sales of JPY 207,000 million, operating income of JPY 4,500 million, ordinary income of JPY 2,500 million, profit attributable to owners of parent of JPY 1,000 million and earnings per share of JPY 29.25.