Okayama Paper Industries Reports Marginal Growth in First Quarter

Revenue for the quarter climbed to 2.85 billion yen, up from 2.76 billion yen a year earlier. The firm’s operating profit grew to 261 million yen, compared to 222 million yen in the previous year, while pretax profit reached 333 million yen, rising from 278 million yen. Earnings per share rose to 49.67 yen, nudging ahead of the 48.05 yen reported previously.

Looking toward shareholder returns, the company maintained its annual dividend forecast at 50 yen per share, consistent with the prior year's distribution. No dividend payments were noted for the first quarter, with future payouts remaining subject to the company's fiscal projections.