TSE:3861Forestry
Oji Holdings (TSE:3861): Revisiting Valuation After Earnings Forecast Cut on Overseas Weakness
Oji Holdings (TSE:3861) caught investors’ attention after lowering its earnings forecast for the second quarter, mainly due to weaker profits in its overseas businesses. Domestic operations stayed steady. The full-year outlook is now under review.
See our latest analysis for Oji Holdings.
Oji Holdings’ share price has held up well despite the revised outlook, closing at ¥782.5 and posting a solid year-to-date share price return of 29.1%. Total shareholder returns tell an even stronger story,...