tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Japan Pulp & Paper Books ¥2.96 Billion Gain From Share Sale, Doubles FY2026 Profit Forecast

Story Highlights
  • Japan Pulp & Paper sold listed shares, booking a ¥2.96 billion extraordinary gain.
  • The company doubled its FY2026 net profit forecast to ¥4 billion, unchanged operating outlook.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Japan Pulp & Paper Books ¥2.96 Billion Gain From Share Sale, Doubles FY2026 Profit Forecast

Claim 70% Off TipRanks Premium

Japan Pulp and Paper Co. Ltd. ( (JP:8032) ) has issued an announcement.

Japan Pulp & Paper has sold a portion of its listed stock holdings, booking an extraordinary gain of JPY 2,958 million as part of its ongoing review of cross-shareholdings to comply with Japan’s Corporate Governance Code and improve capital efficiency. As a result, the company has doubled its forecast for profit attributable to owners of the parent for the fiscal year ending March 31, 2026, to JPY 4 billion, while leaving operating and ordinary profit forecasts unchanged, signaling a one-off boost to bottom-line earnings without a revision to its core operating outlook.

The most recent analyst rating on (JP:8032) stock is a Buy with a Yen809.00 price target. To see the full list of analyst forecasts on Japan Pulp and Paper Co. Ltd. stock, see the JP:8032 Stock Forecast page.

More about Japan Pulp and Paper Co. Ltd.

Japan Pulp & Paper Co., Ltd. is a Japanese trading and distribution company focused on pulp, paper, and related products, serving industrial and commercial customers through a global network. It operates primarily in the paper and packaging supply chain, while also holding various investment securities as part of its broader corporate portfolio management.

Average Trading Volume: 200,106

Technical Sentiment Signal: Buy

Current Market Cap: Yen76.96B

For a thorough assessment of 8032 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1