Mitsubishi Paper Mills Revises Financial Forecasts and Increases Dividend

Mitsubishi Paper Mills ( (JP:3864) ) has issued an announcement.

Mitsubishi Paper Mills has revised its financial forecasts downward for the fiscal year ending March 31, 2025, due to prolonged stagnation in the European economy and delays in revising selling prices, resulting in decreased sales volume. However, despite anticipating lower profits, the company announced an increase in year-end dividends, reflecting stable earnings over the past three years and expected future profit growth from strategic business reforms and expansion efforts.

More about Mitsubishi Paper Mills

Mitsubishi Paper Mills Limited operates within the paper manufacturing industry, focusing on the production of printing and communication paper as well as sustainable fiber materials. The company is actively working on expanding its functional products business and reforming its business structure, particularly in Germany.

YTD Price Performance: 14.88%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €176.9M

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