Nippon Paper books extraordinary gains from share sales and retirement trust asset return

The latest update is out from Nippon Paper ( (JP:3863) ).

Nippon Paper Industries will book extraordinary income in the third quarter of the fiscal year ending March 31, 2026, driven by gains from the sale of investment securities and the partial return of overfunded retirement benefit trust assets. In line with its previously announced plan to reduce cross-shareholdings by fiscal 2027, the company sold 36 listed and unlisted securities between June and December 2025, generating a gain of ¥3.5 billion, of which ¥1.9 billion will be recorded as extraordinary income in the quarter. Separately, Nippon Paper received a ¥5.0 billion partial return from its retirement benefit trust on December 26, 2025, reflecting an overfunded position relative to defined benefit obligations, and will recognize ¥3.5 billion of that as extraordinary income in the same quarter. Despite these one-off gains, the company is keeping its previously announced full-year earnings forecast unchanged, indicating that the impact, while positive for quarterly results and balance-sheet efficiency, is not deemed material enough to alter its overall earnings outlook.

The most recent analyst rating on (JP:3863) stock is a Hold with a Yen1158.00 price target. To see the full list of analyst forecasts on Nippon Paper stock, see the JP:3863 Stock Forecast page.

More about Nippon Paper

Nippon Paper Industries Co., Ltd., listed on the Tokyo Stock Exchange Prime Market, is a major Japanese paper and pulp manufacturer. The company operates across paper, paperboard and related businesses, and manages a portfolio of investment securities and retirement benefit assets as part of its broader financial and capital efficiency strategy.

Average Trading Volume: 433,196

Technical Sentiment Signal: Buy

Current Market Cap: Yen137.4B

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