Heiwa Paper Co.,Ltd. announced year-end dividend of ¥5.00 per share for the year ended March 31, 2018. Payable on June 29, 2018. The company paid ¥5.00 per share paid for same period a year ago.

The company expects second quarter and year-end dividend of ¥5.00 per share for the year ending March 2019.

The company reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, the company's net sales were ¥19,050 million against ¥19,577 million a year ago. Operating income was ¥210 million against ¥199 million a year ago. Ordinary income was ¥306 million against ¥266 million a year ago. Profit attributable to owners of parent was ¥288 million against ¥172 million a year ago. Basic earnings per share were ¥29.68 against ¥17.46 a year ago. Return on equity was 3.4% against 2.1% a year ago. Cash flows from operating activities were ¥256 million against ¥415 million a year ago.

For the year, on non-consolidated basis, the company's net sales were ¥17,983 million against ¥18,470 million a year ago. Operating income was ¥195 million against ¥165 million a year ago. Ordinary income was ¥296 million against ¥253 million a year ago. Profit was ¥82 million against ¥168 million a year ago. Basic earnings per share were ¥8.46 against ¥17.09 a year ago.

For the year ending March 2019, the company expects net sales of ¥19,415 million, operating income of ¥233 million, ordinary income of ¥312 million and profit attributable to owners of parent of ¥217 million or ¥22.34 per basic share.