Nippon Paper forecasts ¥40 billion annual net loss and ¥55 billion in special losses
Nippon Paper announced it expects a consolidated net loss of ¥40 billion for the year ending March 2027, compared with a ¥11.7 billion profit a year earlier. It expects ¥55 billion in special losses tied to earthquake damage, an accident at a U.S. subsidiary’s factory and restructuring. The company forecasts revenue rising 2% to ¥1.22 trillion and an operating loss of ¥5 billion, versus a ¥25.2 billion operating profit a year earlier.