Oji Holdings(3861)株式概要王子ホールディングス株式会社は、日本、中国、アジア、北米、南米、欧州、オセアニア、および海外で紙パルプ製品を製造・販売している。 詳細3861 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長1/6過去の実績2/6財務の健全性3/6配当金5/6報酬株価収益率( 13.1 x) JP市場( 14.1 x)を下回っています。収益は年間4.79%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析負債は営業キャッシュフローで十分にカバーされていない 4.2%の配当はフリーキャッシュフローで十分にカバーされていない 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る3861 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW496,135 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG496,135 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥857.902.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02t2016201920222025202620282031Revenue JP¥2.0tEarnings JP¥60.6bAdvancedSet Fair ValueView all narrativesOji Holdings Corporation 競合他社Nippon Paper IndustriesSymbol: TSE:3863Market cap: JP¥175.0bDaio PaperSymbol: TSE:3880Market cap: JP¥151.3bHokuetsuSymbol: TSE:3865Market cap: JP¥151.0bTokushu Tokai PaperSymbol: TSE:3708Market cap: JP¥74.1b価格と性能株価の高値、安値、推移の概要Oji Holdings過去の株価現在の株価JP¥857.9052週高値JP¥990.7052週安値JP¥707.20ベータ0.0641ヶ月の変化7.26%3ヶ月変化4.57%1年変化16.50%3年間の変化53.66%5年間の変化34.05%IPOからの変化-1.39%最新ニュースBoard Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Hiroji Adachi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Jun 25Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to JP¥783. The fair value is estimated to be JP¥648, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.Price Target Changed • Jun 09Price target decreased by 8.1% to JP¥907Down from JP¥987, the current price target is an average from 6 analysts. New target price is 15% above last closing price of JP¥787. Stock is up 16% over the past year. The company is forecast to post earnings per share of JP¥52.93 for next year compared to JP¥61.10 last year.分析記事 • May 22Oji Holdings' (TSE:3861) Solid Earnings May Rest On Weak FoundationsOji Holdings Corporation's ( TSE:3861 ) robust recent earnings didn't do much to move the stock. We think this is due...お知らせ • May 20Oji Holdings Corporation to Report Q1, 2027 Results on Aug 05, 2026Oji Holdings Corporation announced that they will report Q1, 2027 results on Aug 05, 2026Reported Earnings • May 17Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥61.10 (up from JP¥47.34 in FY 2025). Revenue: JP¥1.86t (flat on FY 2025). Net income: JP¥55.6b (up 20% from FY 2025). Profit margin: 3.0% (up from 2.5% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.最新情報をもっと見るRecent updatesBoard Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Hiroji Adachi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Jun 25Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to JP¥783. The fair value is estimated to be JP¥648, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.Price Target Changed • Jun 09Price target decreased by 8.1% to JP¥907Down from JP¥987, the current price target is an average from 6 analysts. New target price is 15% above last closing price of JP¥787. Stock is up 16% over the past year. The company is forecast to post earnings per share of JP¥52.93 for next year compared to JP¥61.10 last year.分析記事 • May 22Oji Holdings' (TSE:3861) Solid Earnings May Rest On Weak FoundationsOji Holdings Corporation's ( TSE:3861 ) robust recent earnings didn't do much to move the stock. We think this is due...お知らせ • May 20Oji Holdings Corporation to Report Q1, 2027 Results on Aug 05, 2026Oji Holdings Corporation announced that they will report Q1, 2027 results on Aug 05, 2026Reported Earnings • May 17Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥61.10 (up from JP¥47.34 in FY 2025). Revenue: JP¥1.86t (flat on FY 2025). Net income: JP¥55.6b (up 20% from FY 2025). Profit margin: 3.0% (up from 2.5% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • May 15Oji Holdings Corporation, Annual General Meeting, Jun 26, 2026Oji Holdings Corporation, Annual General Meeting, Jun 26, 2026.ライブニュース • May 15Oji Holdings Lowers Profit Guidance and Cancels 100 Million Shares While Maintaining DividendOji Holdings has revised its FY2026 outlook, lowering operating profit guidance on softer domestic volumes and a slower pulp market recovery, while raising net profit guidance on foreign exchange gains and asset sales. The company is targeting higher sales and operating profit in FY2027, supported by acquisitions, restructuring efforts and expectations for better market conditions, although it projects net profit to decline on fewer extraordinary gains and geopolitical risks. Oji plans to cancel 100 million common shares, equal to 9.9% of outstanding stock, by May 29, 2026, which will reduce its equity base and may improve per share metrics, while keeping the annual dividend at ¥36 per share. The combination of a recalibrated profit outlook and a sizable share cancellation points to management focusing on both near-term earnings quality and capital efficiency. You should weigh the support from ongoing dividends and reduced share count against exposure to pulp market trends, domestic demand softness and geopolitical risk to future extraordinary gains.お知らせ • Apr 06Oji Holdings Corporation to Report Q4, 2026 Results on May 15, 2026Oji Holdings Corporation announced that they will report Q4, 2026 results on May 15, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).お知らせ • Feb 18Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders.Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd made an offer to acquire Toin Corporation (TSE:7923) from a group of shareholders for ¥6 billion on March 21, 2025. A cash consideration valued at ¥1187 per share will be paid by Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd. The transaction is expected to close on February 16, 2026. Nomura Securities Co., Ltd. acted as financial advisor and Mori Hamada & Matsumoto LPC acted as legal advisor to Corporate Support Research Institute Co, Ltd. Anderson Mori & Tomotsune acted as legal advisor and Daiwa Securities Co. Ltd. acted as financial advisor to Toin Corporation. Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders on February 16, 2026. As per the transaction, Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd acquired 92.13% stake in Toin Corporation and will acquired remaining shares via squeeze-out procedures.Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥22.12 (vs JP¥26.66 in 3Q 2025)Third quarter 2026 results: EPS: JP¥22.12 (down from JP¥26.66 in 3Q 2025). Revenue: JP¥478.0b (up 3.7% from 3Q 2025). Net income: JP¥20.1b (down 23% from 3Q 2025). Profit margin: 4.2% (down from 5.7% in 3Q 2025). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.分析記事 • Feb 04Oji Holdings (TSE:3861) Use Of Debt Could Be Considered RiskyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Dec 31Oji Holdings (TSE:3861) Has Announced A Dividend Of ¥18.00Oji Holdings Corporation ( TSE:3861 ) has announced that it will pay a dividend of ¥18.00 per share on the 5th of June...分析記事 • Dec 17Oji Holdings (TSE:3861) Has Announced A Dividend Of ¥18.00Oji Holdings Corporation ( TSE:3861 ) will pay a dividend of ¥18.00 on the 5th of June. This makes the dividend yield...お知らせ • Dec 16Oji Holdings Corporation (TSE:3861) announces an Equity Buyback for 82,000,000 shares, representing 9.03% for ¥50,000 million.Oji Holdings Corporation (TSE:3861) announces a share repurchase program. Under the program, the company will repurchase up to 82,000,000 shares, representing 9.03% of its issued share capital, for ¥50,000 million. The purpose of the program is shareholder returns and to improve capital efficiency. The program is valid till December 16, 2026. As of December 12, 2025, the company had 907,960,601 shares (excluding treasury stock) and 106,421,216 shares in treasury.お知らせ • Dec 03Oji Holdings Corporation to Report Q3, 2026 Results on Feb 06, 2026Oji Holdings Corporation announced that they will report Q3, 2026 results on Feb 06, 2026分析記事 • Dec 03Oji Holdings (TSE:3861) Is Due To Pay A Dividend Of ¥18.00Oji Holdings Corporation ( TSE:3861 ) will pay a dividend of ¥18.00 on the 5th of June. This will take the annual...Declared Dividend • Dec 02First half dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 4.5%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Nov 20Oji Holdings' (TSE:3861) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that Oji Holdings Corporation's ( TSE:3861 ) recent earnings didn't contain any...Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥17.54 (vs JP¥6.61 in 2Q 2025)Second quarter 2026 results: EPS: JP¥17.54 (up from JP¥6.61 in 2Q 2025). Revenue: JP¥457.5b (down 5.6% from 2Q 2025). Net income: JP¥16.1b (up 147% from 2Q 2025). Profit margin: 3.5% (up from 1.3% in 2Q 2025). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.分析記事 • Nov 02Here's What's Concerning About Oji Holdings' (TSE:3861) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...お知らせ • Oct 30Oji Holdings Corporation Revises Consolidated Earnings Guidance for the End of Second Quarter Ended September 30, 2025Oji Holdings Corporation revised consolidated earnings guidance for the end of second quarter ended September 30, 2025. For the period, the company expects net sales to be JPY 915,000 million, operating income to be JPY 16,700 million, profit attributable to owners of parent to be JPY 10,900 million and profit JPY 11.83 per share against net sales to be JPY 930,000 million, operating income to be JPY 21,000 million, profit attributable to owners of parent to be JPY 15,000 million and profit 16.04 per share. Reasons for Revision: For the second quarter of the year ending March 2026, while domestic business generally performed in line with financial forecasts, overseas business saw a decrease in profits due to a decline in market conditions for pulp and other products. As a result, operating profit is expected to fall below the previous financial forecast. Furthermore, ordinary profit and profit attributable to owners of parent are also expected to fall below the previous financial forecast due to the decline in operating profit and other factors. The full-year consolidated financial forecast for the year ending March 2026 is currently under review. It is scheduled to be announced simultaneously with the financial results for the second quarter of the year ending March 2026, which are scheduled for release on November 7, 2025.Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.3%).Price Target Changed • Sep 11Price target increased by 8.6% to JP¥908Up from JP¥837, the current price target is an average from 6 analysts. New target price is 9.4% above last closing price of JP¥831. Stock is up 44% over the past year. The company is forecast to post earnings per share of JP¥62.75 for next year compared to JP¥47.34 last year.お知らせ • Sep 10Oji Holdings Corporation to Report Q2, 2026 Results on Nov 07, 2025Oji Holdings Corporation announced that they will report Q2, 2026 results on Nov 07, 2025分析記事 • Sep 07Oji Holdings (TSE:3861) Will Pay A Larger Dividend Than Last Year At ¥18.00Oji Holdings Corporation's ( TSE:3861 ) dividend will be increasing from last year's payment of the same period to...お知らせ • Sep 06Oji Holdings Corporation (TSE:3861) agreed to acquire AustroCel Hallein GmbH from TowerBrook Capital Partners L.P.Oji Holdings Corporation (TSE:3861) agreed to acquire AustroCel Hallein GmbH from TowerBrook Capital Partners L.P. on September 4, 2025. The transaction is subject to approval by regulatory board / committee. Michelle Tong, Christian Iwasko and Oliver Currall of Fried, Frank, Harris, Shriver & Jacobson LLP acted as legal advisor for TowerBrook Capital Partners L.P. Nomura Securities International, Inc. acted as financial advisor for TowerBrook Capital Partners L.P. Nishimura & Asahi acted as legal advisor for Oji Holdings Corporation. Barclays Securities Japan Limited acted as financial advisor for Oji Holdings Corporation. CMS Legal Services EEIG acted as legal advisor for TowerBrook Capital Partners L.P.分析記事 • Aug 23Oji Holdings Corporation (TSE:3861) Not Flying Under The RadarWith a price-to-earnings (or "P/E") ratio of 31.7x Oji Holdings Corporation ( TSE:3861 ) may be sending very bearish...Reported Earnings • Aug 05First quarter 2026 earnings released: JP¥5.57 loss per share (vs JP¥18.00 profit in 1Q 2025)First quarter 2026 results: JP¥5.57 loss per share (down from JP¥18.00 profit in 1Q 2025). Revenue: JP¥457.4b (up 4.4% from 1Q 2025). Net loss: JP¥5.16b (down 129% from profit in 1Q 2025). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 04Now 21% undervaluedOver the last 90 days, the stock has risen 11% to JP¥731. The fair value is estimated to be JP¥929, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 1.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.分析記事 • Jul 24Oji Holdings' (TSE:3861) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Oji Holdings Corporation ( TSE:3861 ) has announced that it will be paying its dividend of ¥18.00 on the...Buy Or Sell Opportunity • Jul 16Now 20% undervaluedOver the last 90 days, the stock has risen 21% to JP¥742. The fair value is estimated to be JP¥931, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 1.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.分析記事 • Jul 10Oji Holdings (TSE:3861) Is Increasing Its Dividend To ¥18.00The board of Oji Holdings Corporation ( TSE:3861 ) has announced that it will be paying its dividend of ¥18.00 on the...Declared Dividend • Jul 09Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jun 30A Look At The Intrinsic Value Of Oji Holdings Corporation (TSE:3861)Key Insights Oji Holdings' estimated fair value is JP¥734 based on 2 Stage Free Cash Flow to Equity Current share price...お知らせ • Jun 29Oji Holdings Corporation to Report Q1, 2026 Results on Aug 04, 2025Oji Holdings Corporation announced that they will report Q1, 2026 results on Aug 04, 2025分析記事 • Jun 10Oji Holdings (TSE:3861) Use Of Debt Could Be Considered RiskyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • May 20Oji Holdings' (TSE:3861) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe subdued market reaction suggests that Oji Holdings Corporation's ( TSE:3861 ) recent earnings didn't contain any...Reported Earnings • May 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥47.34 (down from JP¥51.31 in FY 2024). Revenue: JP¥1.85t (up 9.0% from FY 2024). Net income: JP¥46.2b (down 9.1% from FY 2024). Profit margin: 2.5% (down from 3.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • May 13+ 3 more updatesOji Holdings Corporation, Annual General Meeting, Jun 27, 2025Oji Holdings Corporation, Annual General Meeting, Jun 27, 2025.分析記事 • Mar 24It's A Story Of Risk Vs Reward With Oji Holdings Corporation (TSE:3861)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Oji...Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.7%).Price Target Changed • Mar 19Price target increased by 7.8% to JP¥735Up from JP¥682, the current price target is an average from 6 analysts. New target price is 14% above last closing price of JP¥647. Stock is up 6.0% over the past year. The company is forecast to post earnings per share of JP¥62.62 for next year compared to JP¥51.31 last year.お知らせ • Mar 12Oji Holdings Corporation (TSE:3861) acquired an unknown minority stake in Chemfield Cellulose Private Limited.Oji Holdings Corporation (TSE:3861) acquired an unknown minority stake in Chemfield Cellulose Private Limited on March 10, 2025. Oji Holdings Corporation (TSE:3861) completed the acquisition of an unknown minority stake in Chemfield Cellulose Private Limited on March 10, 2025.お知らせ • Mar 08Oji Holdings Corporation to Report Fiscal Year 2025 Results on May 13, 2025Oji Holdings Corporation announced that they will report fiscal year 2025 results on May 13, 2025分析記事 • Mar 02Is Oji Holdings Corporation (TSE:3861) Worth JP¥620 Based On Its Intrinsic Value?Key Insights Using the 2 Stage Free Cash Flow to Equity, Oji Holdings fair value estimate is JP¥495 Oji Holdings...お知らせ • Feb 26Oji Holdings Corporation Announces Board and Executive ChangesOji Holdings Corporation announced that a meeting of the Board of Directors, held on February 26, 2025, adopted a resolution for the following change of Representative Directors, based on a report of the Nomination Committee. Reason for Change: Due to a change in management structure. Name: Kazuhiko Kamada. New Position: Representative Director of the Board; Executive Vice President. Current Position: Director of the Board; Senior Executive Officer. Name: Fumio Shindo. New Position: Director of the Board. Current Position: Representative Director of the Board; Executive Vice President. Scheduled Appointment Date: April 1, 2025. Name: Kazuhiko Kamada. Date of Birth: February 7, 1960. Place of Birth: Tokyo, Japan. Final Academic Background: March 1983 Bachelor of Economics, Keio University. Brief Company History, Positions and Responsibilities: May 2013 -Joined the Company January 2015-Corporate Officer, the Company. June 2015- Director of the Board and Executive Officer, the Company. April 2022- Director of the Board and Senior Executive Officer, the Company.分析記事 • Feb 12Oji Holdings Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedOji Holdings Corporation ( TSE:3861 ) came out with its third-quarter results last week, and we wanted to see how the...Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: JP¥26.66 (vs JP¥10.78 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.66 (up from JP¥10.78 in 3Q 2024). Revenue: JP¥460.8b (up 3.5% from 3Q 2024). Net income: JP¥26.1b (up 144% from 3Q 2024). Profit margin: 5.7% (up from 2.4% in 3Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has remained flat, which means it is well ahead of earnings.分析記事 • Feb 03Oji Holdings (TSE:3861) May Have Issues Allocating Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...分析記事 • Dec 18Oji Holdings' (TSE:3861) Dividend Will Be ¥12.00Oji Holdings Corporation ( TSE:3861 ) has announced that it will pay a dividend of ¥12.00 per share on the 5th of June...Major Estimate Revision • Dec 12Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥1.91t to JP¥1.87t. EPS estimate also fell from JP¥67.38 per share to JP¥58.48 per share. Net income forecast to grow 44% next year vs 34% growth forecast for Forestry industry in Japan. Consensus price target broadly unchanged at JP¥638. Share price was steady at JP¥558 over the past week.お知らせ • Dec 12Oji Holdings Corporation (TSE:3861) announces an Equity Buyback for 100,000,000 shares, representing 10.14% for ¥50,000 million.Oji Holdings Corporation (TSE:3861) announces a share repurchase program. Under the program, the company will repurchase up to 100,000,000 shares, representing 10.14% of its issued share capital, for ¥50,000 million. The purpose of the program is shareholder returns and to improve capital efficiency. The program is valid till December 12, 2025. As of November 30, 2024 , the company had 986,405,576 shares (excluding treasury stock) and 27,976,241 shares in treasury.お知らせ • Dec 11Oji Holdings Corporation to Report Q3, 2025 Results on Feb 10, 2025Oji Holdings Corporation announced that they will report Q3, 2025 results on Feb 10, 2025Declared Dividend • Dec 03First half dividend of JP¥12.00 announcedShareholders will receive a dividend of JP¥12.00. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Nov 30Oji Holdings (TSE:3861) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...New Risk • Nov 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 10% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥6.61 (vs JP¥14.17 in 2Q 2024)Second quarter 2025 results: EPS: JP¥6.61 (down from JP¥14.17 in 2Q 2024). Revenue: JP¥484.8b (up 14% from 2Q 2024). Net income: JP¥6.51b (down 54% from 2Q 2024). Profit margin: 1.3% (down from 3.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Nov 08Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.0% to JP¥551. The fair value is estimated to be JP¥704, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.お知らせ • Nov 07Oji Holdings Corporation Revises Consolidated Earnings Guidance for the Year Ending March 31, 2025Oji Holdings Corporation revised consolidated Earnings Guidance for the Year Ending March 31, 2025. For the period, the company now expects net sales of JPY 1,877,000 million, operating profit of JPY 70,000 million, profit attributable to owners of parent JPY 57,000 million and basic earnings per share of JPY 57.89 against previous guidance of net sales of JPY 1,950.0 billion, operating profit of JPY 95.0 billion, profit attributable to owners of parent JPY 75.0 billion and basic earnings per share of JPY 76.17.Buy Or Sell Opportunity • Oct 24Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to JP¥564. The fair value is estimated to be JP¥705, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.分析記事 • Oct 18Oji Holdings (TSE:3861) Will Want To Turn Around Its Return TrendsThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...分析記事 • Sep 24Oji Holdings (TSE:3861) Has Announced That It Will Be Increasing Its Dividend To ¥12.00Oji Holdings Corporation ( TSE:3861 ) has announced that it will be increasing its dividend from last year's comparable...お知らせ • Sep 20Oji Holdings Corporation to Report Q2, 2025 Results on Nov 07, 2024Oji Holdings Corporation announced that they will report Q2, 2025 results on Nov 07, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%).分析記事 • Sep 16Calculating The Intrinsic Value Of Oji Holdings Corporation (TSE:3861)Key Insights Oji Holdings' estimated fair value is JP¥705 based on 2 Stage Free Cash Flow to Equity With JP¥569 share...分析記事 • Aug 26These 4 Measures Indicate That Oji Holdings (TSE:3861) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • Aug 22Price target decreased by 8.0% to JP¥674Down from JP¥733, the current price target is an average from 6 analysts. New target price is 17% above last closing price of JP¥578. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of JP¥77.12 for next year compared to JP¥51.31 last year.Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥18.00 (vs JP¥17.76 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.00 (up from JP¥17.76 in 1Q 2024). Revenue: JP¥438.1b (up 4.2% from 1Q 2024). Net income: JP¥17.7b (flat on 1Q 2024). Profit margin: 4.0% (down from 4.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.分析記事 • Jul 19Take Care Before Diving Into The Deep End On Oji Holdings Corporation (TSE:3861)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider Oji...Declared Dividend • Jul 11Final dividend of JP¥12.00 announcedShareholders will receive a dividend of JP¥12.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.2%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jun 29Some Investors May Be Worried About Oji Holdings' (TSE:3861) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...お知らせ • Jun 06Oji Holdings Corporation to Report Q1, 2025 Results on Aug 02, 2024Oji Holdings Corporation announced that they will report Q1, 2025 results on Aug 02, 2024分析記事 • May 22Oji Holdings' (TSE:3861) Soft Earnings Are Actually Better Than They AppearSoft earnings didn't appear to concern Oji Holdings Corporation's ( TSE:3861 ) shareholders over the last week. We did...Reported Earnings • May 18Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥51.31 (down from JP¥57.00 in FY 2023). Revenue: JP¥1.70t (flat on FY 2023). Net income: JP¥50.8b (down 10.0% from FY 2023). Profit margin: 3.0% (down from 3.3% in FY 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • May 16Oji Holdings Corporation, Annual General Meeting, Jun 27, 2024Oji Holdings Corporation, Annual General Meeting, Jun 27, 2024.お知らせ • May 15+ 2 more updatesOji Holdings Corporation Announces Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 5, 2024Oji Holdings Corporation announced dividend of JPY 8.00 per share for the fiscal year ended March 31, 2024 against JPY 8.00 per share paid a year ago. Start of dividend payout is June 5, 2024.分析記事 • Apr 30We Think Oji Holdings (TSE:3861) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Apr 17Oji Holdings Corporation (TSE:3861) completed the acquisition of Walki Group Oy from OEP Capital Advisors, L.P.Oji Holdings Corporation (TSE:3861) entered into a definitive agreement to acquire Walki Group Oy from OEP Capital Advisors, L.P. on October 23, 2023.Oji Holdings Corporation (TSE:3861) completed the acquisition of Walki Group Oy from OEP Capital Advisors, L.P. on April 16, 2023.分析記事 • Apr 12Oji Holdings Corporation (TSE:3861) Doing What It Can To Lift SharesOji Holdings Corporation's ( TSE:3861 ) price-to-earnings (or "P/E") ratio of 11x might make it look like a buy right...分析記事 • Mar 26Oji Holdings (TSE:3861) Will Pay A Dividend Of ¥8.00Oji Holdings Corporation ( TSE:3861 ) has announced that it will pay a dividend of ¥8.00 per share on the 7th of June...Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).お知らせ • Mar 10Oji Holdings Corporation to Report Fiscal Year 2024 Results on May 14, 2024Oji Holdings Corporation announced that they will report fiscal year 2024 results on May 14, 2024分析記事 • Feb 27Oji Holdings (TSE:3861) Is Due To Pay A Dividend Of ¥8.00Oji Holdings Corporation ( TSE:3861 ) will pay a dividend of ¥8.00 on the 7th of June. This means the annual payment is...お知らせ • Feb 26Oji Holdings Corporation (TSE:3861) announces an Equity Buyback for 11,000,000 shares, representing 1.11% for ¥7,400 million.Oji Holdings Corporation (TSE:3861) announces a share repurchase program. Under the program, the company will repurchase up to 11,000,000 shares, representing 1.11% of its issued share capital, for ¥ 7,400 million. The repurchase price will be ¥ 551.6 per share. The purpose of the program is shareholder returns and to improve capital efficiency. As of December 31, 2023, the company had 991,268,562 shares (excluding treasury stock) and 23,113,255 shares in treasury.Reported Earnings • Feb 06Third quarter 2024 earnings released: EPS: JP¥10.78 (vs JP¥1.19 in 3Q 2023)Third quarter 2024 results: EPS: JP¥10.78 (up from JP¥1.19 in 3Q 2023). Revenue: JP¥445.3b (down 3.0% from 3Q 2023). Net income: JP¥10.7b (up JP¥9.51b from 3Q 2023). Profit margin: 2.4% (up from 0.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year.Price Target Changed • Dec 22Price target decreased by 7.9% to JP¥645Down from JP¥700, the current price target is an average from 6 analysts. New target price is 20% above last closing price of JP¥537. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of JP¥59.42 for next year compared to JP¥57.00 last year.お知らせ • Dec 06Oji Holdings Corporation to Report Q3, 2024 Results on Feb 05, 2024Oji Holdings Corporation announced that they will report Q3, 2024 results on Feb 05, 2024Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥14.17 (vs JP¥14.78 in 2Q 2023)Second quarter 2024 results: EPS: JP¥14.17 (down from JP¥14.78 in 2Q 2023). Revenue: JP¥426.8b (down 2.6% from 2Q 2023). Net income: JP¥14.0b (down 4.1% from 2Q 2023). Profit margin: 3.3% (in line with 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Forestry industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.お知らせ • Nov 07+ 1 more updateOji Holdings Corporation Provides Consolidated Earnings Forecasts for the Year Ending March 2024Oji Holdings Corporation provided consolidated earnings forecasts for the year ending March 2024. For the period, the company expected Net sales of JPY 1,760,000 million, Operating profit of JPY 82,000 million, Profit attributable to owners of parent of JPY 57,000 million and Profit per share of JPY 57.51.お知らせ • Oct 25Oji Holdings Corporation entered into a definitive agreement to acquire Walki Holding Oy from OEP Capital Advisors, L.P.Oji Holdings Corporation entered into a definitive agreement to acquire Walki Holding Oy from OEP Capital Advisors, L.P. on October 24, 2023.株主還元3861JP ForestryJP 市場7D3.7%5.0%-0.8%1Y16.5%19.8%40.9%株主還元を見る業界別リターン: 3861過去 1 年間で19.8 % の収益を上げたJP Forestry業界を下回りました。リターン対市場: 3861は、過去 1 年間で40.9 % のリターンを上げたJP市場を下回りました。価格変動Is 3861's price volatile compared to industry and market?3861 volatility3861 Average Weekly Movement2.9%Forestry Industry Average Movement3.8%Market Average Movement4.3%10% most volatile stocks in JP Market9.4%10% least volatile stocks in JP Market2.1%安定した株価: 3861 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3861の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO(最高経営責任者ウェブサイト187338,757Hiroyuki Isonowww.ojiholdings.co.jp王子ホールディングス株式会社は、日本、中国、その他のアジア諸国、南北アメリカ、ヨーロッパ、オセアニア、および世界各国において、パルプおよび紙製品の製造・販売を行っています。 「家庭・産業用資材」セグメントでは、段ボール容器、コンテナボード、特殊板紙、箱用板紙、包装用紙、液体用紙製カートン、フィルター、折り畳み式カートン、クラフト製重量用袋、断熱材、紙袋、紙管、プラスチックトレイなどを提供しています。 また、このセグメントでは、ティッシュペーパー、トイレットペーパー、キッチンタオル、ハンドタオル、除菌ウェットティッシュ、マスク、タオル、失禁用製品、介護用品・紙おむつ、スキンケア製品、業務用製品、その他の介護用品も提供しています。 同社の機能性材料セグメントは、食品容器および包装資材、機能性フィルム、製造・工業用機能性材料、農業用資材、医療・衛生関連資材、感熱紙、不織布、粘着基紙、剥離ライナーシート、印刷・出版用紙、筆記・事務用品、ならびに特殊紙を提供している。 「森林資源・環境マーケティング」部門は、パルプ、木材、電力、澱粉、糖化製品に加え、植林および木材加工サービスを提供している。「印刷・コミュニケーションメディア」部門は、新聞用紙、印刷・出版用紙、コミュニケーション用紙を提供している。 また、同社は貿易、サステナブルパッケージング、物流、エンジニアリング、不動産、液体包装用カートン事業にも従事しているほか、セルロースナノファイバーおよびセルロース関連製品、細胞の配向制御用細胞培養基材「CellArray-Heart」、王子リコリス、PaPiPress製品も提供している。 同社は、以前は「王子製紙株式会社」として知られていたが、2012年10月に「王子ホールディングス株式会社」に社名を変更した。王子ホールディングス株式会社は1873年に設立され、本社は東京都中央区にある。もっと見るOji Holdings Corporation 基礎のまとめOji Holdings の収益と売上を時価総額と比較するとどうか。3861 基礎統計学時価総額JP¥728.56b収益(TTM)JP¥55.58b売上高(TTM)JP¥1.86t13.1xPER(株価収益率0.4xP/Sレシオ3861 は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計3861 損益計算書(TTM)収益JP¥1.86t売上原価JP¥1.54t売上総利益JP¥323.46bその他の費用JP¥267.88b収益JP¥55.58b直近の収益報告Mar 31, 2026次回決算日Aug 05, 2026一株当たり利益(EPS)65.45グロス・マージン17.37%純利益率2.99%有利子負債/自己資本比率84.1%3861 の長期的なパフォーマンスは?過去の実績と比較を見る配当金4.2%現在の配当利回り59%配当性向View Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/07/22 16:46終値2026/07/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Oji Holdings Corporation 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Kyoji ChibaBofA Global ResearchShigeki KousakaCitigroup IncJeremie CapronCLSA12 その他のアナリストを表示
Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Hiroji Adachi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Jun 25Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to JP¥783. The fair value is estimated to be JP¥648, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.
Price Target Changed • Jun 09Price target decreased by 8.1% to JP¥907Down from JP¥987, the current price target is an average from 6 analysts. New target price is 15% above last closing price of JP¥787. Stock is up 16% over the past year. The company is forecast to post earnings per share of JP¥52.93 for next year compared to JP¥61.10 last year.
分析記事 • May 22Oji Holdings' (TSE:3861) Solid Earnings May Rest On Weak FoundationsOji Holdings Corporation's ( TSE:3861 ) robust recent earnings didn't do much to move the stock. We think this is due...
お知らせ • May 20Oji Holdings Corporation to Report Q1, 2027 Results on Aug 05, 2026Oji Holdings Corporation announced that they will report Q1, 2027 results on Aug 05, 2026
Reported Earnings • May 17Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥61.10 (up from JP¥47.34 in FY 2025). Revenue: JP¥1.86t (flat on FY 2025). Net income: JP¥55.6b (up 20% from FY 2025). Profit margin: 3.0% (up from 2.5% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Hiroji Adachi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Jun 25Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to JP¥783. The fair value is estimated to be JP¥648, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.
Price Target Changed • Jun 09Price target decreased by 8.1% to JP¥907Down from JP¥987, the current price target is an average from 6 analysts. New target price is 15% above last closing price of JP¥787. Stock is up 16% over the past year. The company is forecast to post earnings per share of JP¥52.93 for next year compared to JP¥61.10 last year.
分析記事 • May 22Oji Holdings' (TSE:3861) Solid Earnings May Rest On Weak FoundationsOji Holdings Corporation's ( TSE:3861 ) robust recent earnings didn't do much to move the stock. We think this is due...
お知らせ • May 20Oji Holdings Corporation to Report Q1, 2027 Results on Aug 05, 2026Oji Holdings Corporation announced that they will report Q1, 2027 results on Aug 05, 2026
Reported Earnings • May 17Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥61.10 (up from JP¥47.34 in FY 2025). Revenue: JP¥1.86t (flat on FY 2025). Net income: JP¥55.6b (up 20% from FY 2025). Profit margin: 3.0% (up from 2.5% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • May 15Oji Holdings Corporation, Annual General Meeting, Jun 26, 2026Oji Holdings Corporation, Annual General Meeting, Jun 26, 2026.
ライブニュース • May 15Oji Holdings Lowers Profit Guidance and Cancels 100 Million Shares While Maintaining DividendOji Holdings has revised its FY2026 outlook, lowering operating profit guidance on softer domestic volumes and a slower pulp market recovery, while raising net profit guidance on foreign exchange gains and asset sales. The company is targeting higher sales and operating profit in FY2027, supported by acquisitions, restructuring efforts and expectations for better market conditions, although it projects net profit to decline on fewer extraordinary gains and geopolitical risks. Oji plans to cancel 100 million common shares, equal to 9.9% of outstanding stock, by May 29, 2026, which will reduce its equity base and may improve per share metrics, while keeping the annual dividend at ¥36 per share. The combination of a recalibrated profit outlook and a sizable share cancellation points to management focusing on both near-term earnings quality and capital efficiency. You should weigh the support from ongoing dividends and reduced share count against exposure to pulp market trends, domestic demand softness and geopolitical risk to future extraordinary gains.
お知らせ • Apr 06Oji Holdings Corporation to Report Q4, 2026 Results on May 15, 2026Oji Holdings Corporation announced that they will report Q4, 2026 results on May 15, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).
お知らせ • Feb 18Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders.Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd made an offer to acquire Toin Corporation (TSE:7923) from a group of shareholders for ¥6 billion on March 21, 2025. A cash consideration valued at ¥1187 per share will be paid by Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd. The transaction is expected to close on February 16, 2026. Nomura Securities Co., Ltd. acted as financial advisor and Mori Hamada & Matsumoto LPC acted as legal advisor to Corporate Support Research Institute Co, Ltd. Anderson Mori & Tomotsune acted as legal advisor and Daiwa Securities Co. Ltd. acted as financial advisor to Toin Corporation. Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders on February 16, 2026. As per the transaction, Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd acquired 92.13% stake in Toin Corporation and will acquired remaining shares via squeeze-out procedures.
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥22.12 (vs JP¥26.66 in 3Q 2025)Third quarter 2026 results: EPS: JP¥22.12 (down from JP¥26.66 in 3Q 2025). Revenue: JP¥478.0b (up 3.7% from 3Q 2025). Net income: JP¥20.1b (down 23% from 3Q 2025). Profit margin: 4.2% (down from 5.7% in 3Q 2025). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
分析記事 • Feb 04Oji Holdings (TSE:3861) Use Of Debt Could Be Considered RiskyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Dec 31Oji Holdings (TSE:3861) Has Announced A Dividend Of ¥18.00Oji Holdings Corporation ( TSE:3861 ) has announced that it will pay a dividend of ¥18.00 per share on the 5th of June...
分析記事 • Dec 17Oji Holdings (TSE:3861) Has Announced A Dividend Of ¥18.00Oji Holdings Corporation ( TSE:3861 ) will pay a dividend of ¥18.00 on the 5th of June. This makes the dividend yield...
お知らせ • Dec 16Oji Holdings Corporation (TSE:3861) announces an Equity Buyback for 82,000,000 shares, representing 9.03% for ¥50,000 million.Oji Holdings Corporation (TSE:3861) announces a share repurchase program. Under the program, the company will repurchase up to 82,000,000 shares, representing 9.03% of its issued share capital, for ¥50,000 million. The purpose of the program is shareholder returns and to improve capital efficiency. The program is valid till December 16, 2026. As of December 12, 2025, the company had 907,960,601 shares (excluding treasury stock) and 106,421,216 shares in treasury.
お知らせ • Dec 03Oji Holdings Corporation to Report Q3, 2026 Results on Feb 06, 2026Oji Holdings Corporation announced that they will report Q3, 2026 results on Feb 06, 2026
分析記事 • Dec 03Oji Holdings (TSE:3861) Is Due To Pay A Dividend Of ¥18.00Oji Holdings Corporation ( TSE:3861 ) will pay a dividend of ¥18.00 on the 5th of June. This will take the annual...
Declared Dividend • Dec 02First half dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 4.5%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Nov 20Oji Holdings' (TSE:3861) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that Oji Holdings Corporation's ( TSE:3861 ) recent earnings didn't contain any...
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥17.54 (vs JP¥6.61 in 2Q 2025)Second quarter 2026 results: EPS: JP¥17.54 (up from JP¥6.61 in 2Q 2025). Revenue: JP¥457.5b (down 5.6% from 2Q 2025). Net income: JP¥16.1b (up 147% from 2Q 2025). Profit margin: 3.5% (up from 1.3% in 2Q 2025). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
分析記事 • Nov 02Here's What's Concerning About Oji Holdings' (TSE:3861) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
お知らせ • Oct 30Oji Holdings Corporation Revises Consolidated Earnings Guidance for the End of Second Quarter Ended September 30, 2025Oji Holdings Corporation revised consolidated earnings guidance for the end of second quarter ended September 30, 2025. For the period, the company expects net sales to be JPY 915,000 million, operating income to be JPY 16,700 million, profit attributable to owners of parent to be JPY 10,900 million and profit JPY 11.83 per share against net sales to be JPY 930,000 million, operating income to be JPY 21,000 million, profit attributable to owners of parent to be JPY 15,000 million and profit 16.04 per share. Reasons for Revision: For the second quarter of the year ending March 2026, while domestic business generally performed in line with financial forecasts, overseas business saw a decrease in profits due to a decline in market conditions for pulp and other products. As a result, operating profit is expected to fall below the previous financial forecast. Furthermore, ordinary profit and profit attributable to owners of parent are also expected to fall below the previous financial forecast due to the decline in operating profit and other factors. The full-year consolidated financial forecast for the year ending March 2026 is currently under review. It is scheduled to be announced simultaneously with the financial results for the second quarter of the year ending March 2026, which are scheduled for release on November 7, 2025.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.3%).
Price Target Changed • Sep 11Price target increased by 8.6% to JP¥908Up from JP¥837, the current price target is an average from 6 analysts. New target price is 9.4% above last closing price of JP¥831. Stock is up 44% over the past year. The company is forecast to post earnings per share of JP¥62.75 for next year compared to JP¥47.34 last year.
お知らせ • Sep 10Oji Holdings Corporation to Report Q2, 2026 Results on Nov 07, 2025Oji Holdings Corporation announced that they will report Q2, 2026 results on Nov 07, 2025
分析記事 • Sep 07Oji Holdings (TSE:3861) Will Pay A Larger Dividend Than Last Year At ¥18.00Oji Holdings Corporation's ( TSE:3861 ) dividend will be increasing from last year's payment of the same period to...
お知らせ • Sep 06Oji Holdings Corporation (TSE:3861) agreed to acquire AustroCel Hallein GmbH from TowerBrook Capital Partners L.P.Oji Holdings Corporation (TSE:3861) agreed to acquire AustroCel Hallein GmbH from TowerBrook Capital Partners L.P. on September 4, 2025. The transaction is subject to approval by regulatory board / committee. Michelle Tong, Christian Iwasko and Oliver Currall of Fried, Frank, Harris, Shriver & Jacobson LLP acted as legal advisor for TowerBrook Capital Partners L.P. Nomura Securities International, Inc. acted as financial advisor for TowerBrook Capital Partners L.P. Nishimura & Asahi acted as legal advisor for Oji Holdings Corporation. Barclays Securities Japan Limited acted as financial advisor for Oji Holdings Corporation. CMS Legal Services EEIG acted as legal advisor for TowerBrook Capital Partners L.P.
分析記事 • Aug 23Oji Holdings Corporation (TSE:3861) Not Flying Under The RadarWith a price-to-earnings (or "P/E") ratio of 31.7x Oji Holdings Corporation ( TSE:3861 ) may be sending very bearish...
Reported Earnings • Aug 05First quarter 2026 earnings released: JP¥5.57 loss per share (vs JP¥18.00 profit in 1Q 2025)First quarter 2026 results: JP¥5.57 loss per share (down from JP¥18.00 profit in 1Q 2025). Revenue: JP¥457.4b (up 4.4% from 1Q 2025). Net loss: JP¥5.16b (down 129% from profit in 1Q 2025). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 04Now 21% undervaluedOver the last 90 days, the stock has risen 11% to JP¥731. The fair value is estimated to be JP¥929, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 1.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
分析記事 • Jul 24Oji Holdings' (TSE:3861) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Oji Holdings Corporation ( TSE:3861 ) has announced that it will be paying its dividend of ¥18.00 on the...
Buy Or Sell Opportunity • Jul 16Now 20% undervaluedOver the last 90 days, the stock has risen 21% to JP¥742. The fair value is estimated to be JP¥931, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 1.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
分析記事 • Jul 10Oji Holdings (TSE:3861) Is Increasing Its Dividend To ¥18.00The board of Oji Holdings Corporation ( TSE:3861 ) has announced that it will be paying its dividend of ¥18.00 on the...
Declared Dividend • Jul 09Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jun 30A Look At The Intrinsic Value Of Oji Holdings Corporation (TSE:3861)Key Insights Oji Holdings' estimated fair value is JP¥734 based on 2 Stage Free Cash Flow to Equity Current share price...
お知らせ • Jun 29Oji Holdings Corporation to Report Q1, 2026 Results on Aug 04, 2025Oji Holdings Corporation announced that they will report Q1, 2026 results on Aug 04, 2025
分析記事 • Jun 10Oji Holdings (TSE:3861) Use Of Debt Could Be Considered RiskyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • May 20Oji Holdings' (TSE:3861) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe subdued market reaction suggests that Oji Holdings Corporation's ( TSE:3861 ) recent earnings didn't contain any...
Reported Earnings • May 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥47.34 (down from JP¥51.31 in FY 2024). Revenue: JP¥1.85t (up 9.0% from FY 2024). Net income: JP¥46.2b (down 9.1% from FY 2024). Profit margin: 2.5% (down from 3.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • May 13+ 3 more updatesOji Holdings Corporation, Annual General Meeting, Jun 27, 2025Oji Holdings Corporation, Annual General Meeting, Jun 27, 2025.
分析記事 • Mar 24It's A Story Of Risk Vs Reward With Oji Holdings Corporation (TSE:3861)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Oji...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.7%).
Price Target Changed • Mar 19Price target increased by 7.8% to JP¥735Up from JP¥682, the current price target is an average from 6 analysts. New target price is 14% above last closing price of JP¥647. Stock is up 6.0% over the past year. The company is forecast to post earnings per share of JP¥62.62 for next year compared to JP¥51.31 last year.
お知らせ • Mar 12Oji Holdings Corporation (TSE:3861) acquired an unknown minority stake in Chemfield Cellulose Private Limited.Oji Holdings Corporation (TSE:3861) acquired an unknown minority stake in Chemfield Cellulose Private Limited on March 10, 2025. Oji Holdings Corporation (TSE:3861) completed the acquisition of an unknown minority stake in Chemfield Cellulose Private Limited on March 10, 2025.
お知らせ • Mar 08Oji Holdings Corporation to Report Fiscal Year 2025 Results on May 13, 2025Oji Holdings Corporation announced that they will report fiscal year 2025 results on May 13, 2025
分析記事 • Mar 02Is Oji Holdings Corporation (TSE:3861) Worth JP¥620 Based On Its Intrinsic Value?Key Insights Using the 2 Stage Free Cash Flow to Equity, Oji Holdings fair value estimate is JP¥495 Oji Holdings...
お知らせ • Feb 26Oji Holdings Corporation Announces Board and Executive ChangesOji Holdings Corporation announced that a meeting of the Board of Directors, held on February 26, 2025, adopted a resolution for the following change of Representative Directors, based on a report of the Nomination Committee. Reason for Change: Due to a change in management structure. Name: Kazuhiko Kamada. New Position: Representative Director of the Board; Executive Vice President. Current Position: Director of the Board; Senior Executive Officer. Name: Fumio Shindo. New Position: Director of the Board. Current Position: Representative Director of the Board; Executive Vice President. Scheduled Appointment Date: April 1, 2025. Name: Kazuhiko Kamada. Date of Birth: February 7, 1960. Place of Birth: Tokyo, Japan. Final Academic Background: March 1983 Bachelor of Economics, Keio University. Brief Company History, Positions and Responsibilities: May 2013 -Joined the Company January 2015-Corporate Officer, the Company. June 2015- Director of the Board and Executive Officer, the Company. April 2022- Director of the Board and Senior Executive Officer, the Company.
分析記事 • Feb 12Oji Holdings Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedOji Holdings Corporation ( TSE:3861 ) came out with its third-quarter results last week, and we wanted to see how the...
Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: JP¥26.66 (vs JP¥10.78 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.66 (up from JP¥10.78 in 3Q 2024). Revenue: JP¥460.8b (up 3.5% from 3Q 2024). Net income: JP¥26.1b (up 144% from 3Q 2024). Profit margin: 5.7% (up from 2.4% in 3Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
分析記事 • Feb 03Oji Holdings (TSE:3861) May Have Issues Allocating Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
分析記事 • Dec 18Oji Holdings' (TSE:3861) Dividend Will Be ¥12.00Oji Holdings Corporation ( TSE:3861 ) has announced that it will pay a dividend of ¥12.00 per share on the 5th of June...
Major Estimate Revision • Dec 12Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥1.91t to JP¥1.87t. EPS estimate also fell from JP¥67.38 per share to JP¥58.48 per share. Net income forecast to grow 44% next year vs 34% growth forecast for Forestry industry in Japan. Consensus price target broadly unchanged at JP¥638. Share price was steady at JP¥558 over the past week.
お知らせ • Dec 12Oji Holdings Corporation (TSE:3861) announces an Equity Buyback for 100,000,000 shares, representing 10.14% for ¥50,000 million.Oji Holdings Corporation (TSE:3861) announces a share repurchase program. Under the program, the company will repurchase up to 100,000,000 shares, representing 10.14% of its issued share capital, for ¥50,000 million. The purpose of the program is shareholder returns and to improve capital efficiency. The program is valid till December 12, 2025. As of November 30, 2024 , the company had 986,405,576 shares (excluding treasury stock) and 27,976,241 shares in treasury.
お知らせ • Dec 11Oji Holdings Corporation to Report Q3, 2025 Results on Feb 10, 2025Oji Holdings Corporation announced that they will report Q3, 2025 results on Feb 10, 2025
Declared Dividend • Dec 03First half dividend of JP¥12.00 announcedShareholders will receive a dividend of JP¥12.00. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Nov 30Oji Holdings (TSE:3861) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
New Risk • Nov 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 10% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥6.61 (vs JP¥14.17 in 2Q 2024)Second quarter 2025 results: EPS: JP¥6.61 (down from JP¥14.17 in 2Q 2024). Revenue: JP¥484.8b (up 14% from 2Q 2024). Net income: JP¥6.51b (down 54% from 2Q 2024). Profit margin: 1.3% (down from 3.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Nov 08Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.0% to JP¥551. The fair value is estimated to be JP¥704, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
お知らせ • Nov 07Oji Holdings Corporation Revises Consolidated Earnings Guidance for the Year Ending March 31, 2025Oji Holdings Corporation revised consolidated Earnings Guidance for the Year Ending March 31, 2025. For the period, the company now expects net sales of JPY 1,877,000 million, operating profit of JPY 70,000 million, profit attributable to owners of parent JPY 57,000 million and basic earnings per share of JPY 57.89 against previous guidance of net sales of JPY 1,950.0 billion, operating profit of JPY 95.0 billion, profit attributable to owners of parent JPY 75.0 billion and basic earnings per share of JPY 76.17.
Buy Or Sell Opportunity • Oct 24Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to JP¥564. The fair value is estimated to be JP¥705, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
分析記事 • Oct 18Oji Holdings (TSE:3861) Will Want To Turn Around Its Return TrendsThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
分析記事 • Sep 24Oji Holdings (TSE:3861) Has Announced That It Will Be Increasing Its Dividend To ¥12.00Oji Holdings Corporation ( TSE:3861 ) has announced that it will be increasing its dividend from last year's comparable...
お知らせ • Sep 20Oji Holdings Corporation to Report Q2, 2025 Results on Nov 07, 2024Oji Holdings Corporation announced that they will report Q2, 2025 results on Nov 07, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%).
分析記事 • Sep 16Calculating The Intrinsic Value Of Oji Holdings Corporation (TSE:3861)Key Insights Oji Holdings' estimated fair value is JP¥705 based on 2 Stage Free Cash Flow to Equity With JP¥569 share...
分析記事 • Aug 26These 4 Measures Indicate That Oji Holdings (TSE:3861) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Aug 22Price target decreased by 8.0% to JP¥674Down from JP¥733, the current price target is an average from 6 analysts. New target price is 17% above last closing price of JP¥578. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of JP¥77.12 for next year compared to JP¥51.31 last year.
Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥18.00 (vs JP¥17.76 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.00 (up from JP¥17.76 in 1Q 2024). Revenue: JP¥438.1b (up 4.2% from 1Q 2024). Net income: JP¥17.7b (flat on 1Q 2024). Profit margin: 4.0% (down from 4.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
分析記事 • Jul 19Take Care Before Diving Into The Deep End On Oji Holdings Corporation (TSE:3861)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider Oji...
Declared Dividend • Jul 11Final dividend of JP¥12.00 announcedShareholders will receive a dividend of JP¥12.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.2%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jun 29Some Investors May Be Worried About Oji Holdings' (TSE:3861) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
お知らせ • Jun 06Oji Holdings Corporation to Report Q1, 2025 Results on Aug 02, 2024Oji Holdings Corporation announced that they will report Q1, 2025 results on Aug 02, 2024
分析記事 • May 22Oji Holdings' (TSE:3861) Soft Earnings Are Actually Better Than They AppearSoft earnings didn't appear to concern Oji Holdings Corporation's ( TSE:3861 ) shareholders over the last week. We did...
Reported Earnings • May 18Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥51.31 (down from JP¥57.00 in FY 2023). Revenue: JP¥1.70t (flat on FY 2023). Net income: JP¥50.8b (down 10.0% from FY 2023). Profit margin: 3.0% (down from 3.3% in FY 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • May 16Oji Holdings Corporation, Annual General Meeting, Jun 27, 2024Oji Holdings Corporation, Annual General Meeting, Jun 27, 2024.
お知らせ • May 15+ 2 more updatesOji Holdings Corporation Announces Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 5, 2024Oji Holdings Corporation announced dividend of JPY 8.00 per share for the fiscal year ended March 31, 2024 against JPY 8.00 per share paid a year ago. Start of dividend payout is June 5, 2024.
分析記事 • Apr 30We Think Oji Holdings (TSE:3861) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Apr 17Oji Holdings Corporation (TSE:3861) completed the acquisition of Walki Group Oy from OEP Capital Advisors, L.P.Oji Holdings Corporation (TSE:3861) entered into a definitive agreement to acquire Walki Group Oy from OEP Capital Advisors, L.P. on October 23, 2023.Oji Holdings Corporation (TSE:3861) completed the acquisition of Walki Group Oy from OEP Capital Advisors, L.P. on April 16, 2023.
分析記事 • Apr 12Oji Holdings Corporation (TSE:3861) Doing What It Can To Lift SharesOji Holdings Corporation's ( TSE:3861 ) price-to-earnings (or "P/E") ratio of 11x might make it look like a buy right...
分析記事 • Mar 26Oji Holdings (TSE:3861) Will Pay A Dividend Of ¥8.00Oji Holdings Corporation ( TSE:3861 ) has announced that it will pay a dividend of ¥8.00 per share on the 7th of June...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).
お知らせ • Mar 10Oji Holdings Corporation to Report Fiscal Year 2024 Results on May 14, 2024Oji Holdings Corporation announced that they will report fiscal year 2024 results on May 14, 2024
分析記事 • Feb 27Oji Holdings (TSE:3861) Is Due To Pay A Dividend Of ¥8.00Oji Holdings Corporation ( TSE:3861 ) will pay a dividend of ¥8.00 on the 7th of June. This means the annual payment is...
お知らせ • Feb 26Oji Holdings Corporation (TSE:3861) announces an Equity Buyback for 11,000,000 shares, representing 1.11% for ¥7,400 million.Oji Holdings Corporation (TSE:3861) announces a share repurchase program. Under the program, the company will repurchase up to 11,000,000 shares, representing 1.11% of its issued share capital, for ¥ 7,400 million. The repurchase price will be ¥ 551.6 per share. The purpose of the program is shareholder returns and to improve capital efficiency. As of December 31, 2023, the company had 991,268,562 shares (excluding treasury stock) and 23,113,255 shares in treasury.
Reported Earnings • Feb 06Third quarter 2024 earnings released: EPS: JP¥10.78 (vs JP¥1.19 in 3Q 2023)Third quarter 2024 results: EPS: JP¥10.78 (up from JP¥1.19 in 3Q 2023). Revenue: JP¥445.3b (down 3.0% from 3Q 2023). Net income: JP¥10.7b (up JP¥9.51b from 3Q 2023). Profit margin: 2.4% (up from 0.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year.
Price Target Changed • Dec 22Price target decreased by 7.9% to JP¥645Down from JP¥700, the current price target is an average from 6 analysts. New target price is 20% above last closing price of JP¥537. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of JP¥59.42 for next year compared to JP¥57.00 last year.
お知らせ • Dec 06Oji Holdings Corporation to Report Q3, 2024 Results on Feb 05, 2024Oji Holdings Corporation announced that they will report Q3, 2024 results on Feb 05, 2024
Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥14.17 (vs JP¥14.78 in 2Q 2023)Second quarter 2024 results: EPS: JP¥14.17 (down from JP¥14.78 in 2Q 2023). Revenue: JP¥426.8b (down 2.6% from 2Q 2023). Net income: JP¥14.0b (down 4.1% from 2Q 2023). Profit margin: 3.3% (in line with 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Forestry industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Nov 07+ 1 more updateOji Holdings Corporation Provides Consolidated Earnings Forecasts for the Year Ending March 2024Oji Holdings Corporation provided consolidated earnings forecasts for the year ending March 2024. For the period, the company expected Net sales of JPY 1,760,000 million, Operating profit of JPY 82,000 million, Profit attributable to owners of parent of JPY 57,000 million and Profit per share of JPY 57.51.
お知らせ • Oct 25Oji Holdings Corporation entered into a definitive agreement to acquire Walki Holding Oy from OEP Capital Advisors, L.P.Oji Holdings Corporation entered into a definitive agreement to acquire Walki Holding Oy from OEP Capital Advisors, L.P. on October 24, 2023.