Declared Dividend • Jul 25
Final dividend of JP¥18.00 announced Dividend of JP¥18.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but not covered by cash flows (146% cash payout ratio). 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 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jul 01
High number of new directors There 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 25
Now 21% overvalued Over 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 09
Price target decreased by 8.1% to JP¥907 Down 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. Aankondiging • May 20
Oji Holdings Corporation to Report Q1, 2027 Results on Aug 05, 2026 Oji Holdings Corporation announced that they will report Q1, 2027 results on Aug 05, 2026 Reported Earnings • May 17
Full year 2026 earnings: EPS exceeds analyst expectations Full 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. Aankondiging • May 15
Oji Holdings Corporation, Annual General Meeting, Jun 26, 2026 Oji Holdings Corporation, Annual General Meeting, Jun 26, 2026. Live-nieuws • May 15
Oji Holdings Lowers Profit Guidance and Cancels 100 Million Shares While Maintaining Dividend Oji 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. Aankondiging • Apr 06
Oji Holdings Corporation to Report Q4, 2026 Results on May 15, 2026 Oji Holdings Corporation announced that they will report Q4, 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share Eligible 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%). Aankondiging • Feb 18
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. 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 07
Third 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. Aankondiging • Dec 16
Oji 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. Aankondiging • Dec 03
Oji Holdings Corporation to Report Q3, 2026 Results on Feb 06, 2026 Oji Holdings Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 Declared Dividend • Dec 02
First half dividend of JP¥18.00 announced Shareholders 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. Reported Earnings • Nov 08
Second 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. Aankondiging • Oct 30
Oji Holdings Corporation Revises Consolidated Earnings Guidance for the End of Second Quarter Ended September 30, 2025 Oji 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 22
Upcoming dividend of JP¥18.00 per share Eligible 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 11
Price target increased by 8.6% to JP¥908 Up 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. Aankondiging • Sep 10
Oji Holdings Corporation to Report Q2, 2026 Results on Nov 07, 2025 Oji Holdings Corporation announced that they will report Q2, 2026 results on Nov 07, 2025 Aankondiging • Sep 06
Oji 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. Reported Earnings • Aug 05
First 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 04
Now 21% undervalued Over 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. Buy Or Sell Opportunity • Jul 16
Now 20% undervalued Over 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. Declared Dividend • Jul 09
Final dividend of JP¥18.00 announced Shareholders 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. Aankondiging • Jun 29
Oji Holdings Corporation to Report Q1, 2026 Results on Aug 04, 2025 Oji Holdings Corporation announced that they will report Q1, 2026 results on Aug 04, 2025 Reported Earnings • May 14
Full year 2025 earnings: EPS misses analyst expectations Full 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. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥12.00 per share Eligible 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 19
Price target increased by 7.8% to JP¥735 Up 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. Aankondiging • Mar 12
Oji 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. Aankondiging • Mar 08
Oji Holdings Corporation to Report Fiscal Year 2025 Results on May 13, 2025 Oji Holdings Corporation announced that they will report fiscal year 2025 results on May 13, 2025 Aankondiging • Feb 26
Oji Holdings Corporation Announces Board and Executive Changes Oji 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. Reported Earnings • Feb 11
Third 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. Major Estimate Revision • Dec 12
Consensus 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. Aankondiging • Dec 12
Oji 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. Aankondiging • Dec 11
Oji Holdings Corporation to Report Q3, 2025 Results on Feb 10, 2025 Oji Holdings Corporation announced that they will report Q3, 2025 results on Feb 10, 2025 Declared Dividend • Dec 03
First half dividend of JP¥12.00 announced Shareholders 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. New Risk • Nov 19
New major risk - Financial position The 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 08
Second 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 08
Now 22% undervalued after recent price drop Over 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. Aankondiging • Nov 07
Oji Holdings Corporation Revises Consolidated Earnings Guidance for the Year Ending March 31, 2025 Oji 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 24
Now 20% undervalued after recent price drop Over 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. Aankondiging • Sep 20
Oji Holdings Corporation to Report Q2, 2025 Results on Nov 07, 2024 Oji Holdings Corporation announced that they will report Q2, 2025 results on Nov 07, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥12.00 per share Eligible 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%). Price Target Changed • Aug 22
Price target decreased by 8.0% to JP¥674 Down 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 04
First 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. Declared Dividend • Jul 11
Final dividend of JP¥12.00 announced Shareholders 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. Aankondiging • Jun 06
Oji Holdings Corporation to Report Q1, 2025 Results on Aug 02, 2024 Oji Holdings Corporation announced that they will report Q1, 2025 results on Aug 02, 2024 Reported Earnings • May 18
Full year 2024 earnings: EPS and revenues miss analyst expectations Full 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. Aankondiging • May 16
Oji Holdings Corporation, Annual General Meeting, Jun 27, 2024 Oji Holdings Corporation, Annual General Meeting, Jun 27, 2024. Aankondiging • Apr 17
Oji 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. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥8.00 per share Eligible 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%). Aankondiging • Mar 10
Oji Holdings Corporation to Report Fiscal Year 2024 Results on May 14, 2024 Oji Holdings Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Aankondiging • Feb 26
Oji 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 06
Third 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 22
Price target decreased by 7.9% to JP¥645 Down 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. Aankondiging • Dec 06
Oji Holdings Corporation to Report Q3, 2024 Results on Feb 05, 2024 Oji Holdings Corporation announced that they will report Q3, 2024 results on Feb 05, 2024 Reported Earnings • Nov 08
Second 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. 
