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Hokuetsu Corporation

TSE:3865 Stock Report

Market Cap: JP¥144.7b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Hokuetsu Management

Management criteria checks 2/4

Hokuetsu's CEO is Sekio Kishimoto, appointed in Apr 2008, has a tenure of 18.42 years. directly owns 0.21% of the company’s shares, worth ¥298.81M. The average tenure of the management team and the board of directors is 4.2 years and 4.8 years respectively.

Key information

Sekio Kishimoto

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure18.4yrs
CEO ownership0.2%
Management average tenure4.2yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

Analysis Article • Dec 24

Hokuetsu (TSE:3865) Will Pay A Dividend Of ¥13.00

Hokuetsu Corporation ( TSE:3865 ) will pay a dividend of ¥13.00 on the 30th of June. This will take the annual payment...
Analysis Article • Dec 03

Hokuetsu (TSE:3865) Is Due To Pay A Dividend Of ¥13.00

Hokuetsu Corporation's ( TSE:3865 ) investors are due to receive a payment of ¥13.00 per share on 30th of June. This...
Analysis Article • Nov 25

Hokuetsu's (TSE:3865) Profits Appear To Have Quality Issues

Hokuetsu Corporation's ( TSE:3865 ) healthy profit numbers didn't contain any surprises for investors. However the...
Analysis Article • Sep 18

Hokuetsu's (TSE:3865) Shareholders Will Receive A Bigger Dividend Than Last Year

Hokuetsu Corporation ( TSE:3865 ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article • Sep 09

Hokuetsu (TSE:3865) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Jul 23

Hokuetsu (TSE:3865) Has Announced That It Will Be Increasing Its Dividend To ¥13.00

The board of Hokuetsu Corporation ( TSE:3865 ) has announced that it will be paying its dividend of ¥13.00 on the 3rd...
Analysis Article • Jul 09

Hokuetsu (TSE:3865) Is Increasing Its Dividend To ¥13.00

Hokuetsu Corporation ( TSE:3865 ) will increase its dividend from last year's comparable payment on the 3rd of December...
Analysis Article • Jun 20

A Look At The Intrinsic Value Of Hokuetsu Corporation (TSE:3865)

Key Insights The projected fair value for Hokuetsu is JP¥1,048 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article • May 26

Hokuetsu's (TSE:3865) Earnings Are Of Questionable Quality

Despite posting some strong earnings, the market for Hokuetsu Corporation's ( TSE:3865 ) stock hasn't moved much. Our...
Analysis Article • Apr 15

Here's Why Hokuetsu (TSE:3865) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Mar 20

Hokuetsu (TSE:3865) Is Due To Pay A Dividend Of ¥11.00

Hokuetsu Corporation ( TSE:3865 ) will pay a dividend of ¥11.00 on the 30th of June. Although the dividend is now...
Analysis Article • Feb 14

Why We're Not Concerned About Hokuetsu Corporation's (TSE:3865) Share Price

Hokuetsu Corporation's ( TSE:3865 ) price-to-earnings (or "P/E") ratio of 45.3x might make it look like a strong sell...
Analysis Article • Jan 27

Here's What's Concerning About Hokuetsu's (TSE:3865) Returns On Capital

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article • Dec 20

Hokuetsu's (TSE:3865) Dividend Will Be ¥11.00

The board of Hokuetsu Corporation ( TSE:3865 ) has announced that it will pay a dividend of ¥11.00 per share on the...
Analysis Article • Dec 04

Hokuetsu's (TSE:3865) Dividend Will Be ¥11.00

Hokuetsu Corporation's ( TSE:3865 ) investors are due to receive a payment of ¥11.00 per share on 30th of June. Despite...
Analysis Article • Nov 25

Hokuetsu's (TSE:3865) Soft Earnings Don't Show The Whole Picture

Hokuetsu Corporation's ( TSE:3865 ) recent soft profit numbers didn't appear to worry shareholders, as the stock price...
Analysis Article • Nov 15

Does Hokuetsu (TSE:3865) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Oct 11

Calculating The Intrinsic Value Of Hokuetsu Corporation (TSE:3865)

Key Insights The projected fair value for Hokuetsu is JP¥1,497 based on 2 Stage Free Cash Flow to Equity With JP¥1,600...
Analysis Article • Sep 25

Hokuetsu (TSE:3865) Is Increasing Its Dividend To ¥11.00

Hokuetsu Corporation ( TSE:3865 ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article • Aug 31

Hokuetsu (TSE:3865) May Have Issues Allocating Its Capital

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article • Aug 16

Hokuetsu Corporation (TSE:3865) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable

Hokuetsu Corporation ( TSE:3865 ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • Aug 13

Does Hokuetsu (TSE:3865) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jul 26

Hokuetsu's (TSE:3865) Upcoming Dividend Will Be Larger Than Last Year's

Hokuetsu Corporation ( TSE:3865 ) will increase its dividend from last year's comparable payment on the 4th of December...
Analysis Article • Jul 11

Hokuetsu (TSE:3865) Is Increasing Its Dividend To ¥11.00

Hokuetsu Corporation's ( TSE:3865 ) dividend will be increasing from last year's payment of the same period to ¥11.00...
Analysis Article • Jun 29

Estimating The Fair Value Of Hokuetsu Corporation (TSE:3865)

Key Insights Hokuetsu's estimated fair value is JP¥1,203 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article • May 23

Some May Be Optimistic About Hokuetsu's (TSE:3865) Earnings

Hokuetsu Corporation's ( TSE:3865 ) earnings announcement last week didn't impress shareholders. However, our analysis...
Analysis Article • Apr 05

Is Hokuetsu (TSE:3865) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Mar 18

Shareholders Should Be Pleased With Hokuetsu Corporation's (TSE:3865) Price

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider...
Analysis Article • Feb 29

Investors Will Want Hokuetsu's (TSE:3865) Growth In ROCE To Persist

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...

CEO

Sekio Kishimoto (81 yo)

18.4yrs
Tenure

Mr. Sekio Kishimoto is Representative Director of Hokuetsu Corporation, serves as its Group CEO since April 01, 2026 and had been its CEO and President since April 01, 2008 until April 01, 2026. Mr. Kishim...


Leadership Team

NamePositionTenureCompensationOwnership
Sekio Kishimoto
Chairman & Group CEO18.4yrsno data0.21%
¥ 298.8m
Shigeru Wakamoto
Presidentless than a yearno data0.050%
¥ 72.9m
Makoto Yanagisawa
CFO, Legal3.4yrsno data0.020%
¥ 28.2m
Katsuhide Nishikata
GM of Administration Dept.no datano datano data
Maou Sugimoto
Corporate Officer7.7yrsno datano data
Tomoyuki Iida
COO of Resource and Raw Materials Div.6.7yrsno data0.016%
¥ 22.8m
Satoshi Okamoto
Corp. Off. & COO of Perf. Mat. Sales Div. and Dom. Paper Sales Div.6.7yrsno datano data
Kunihiro Ando
Corporate Officerno datano datano data
Takashi Kasahara
Corporate Officer & Executives’ Secretariat (GM) GM4.7yrsno datano data
Hisashi Abe
GM of Bus. Dev. Office3.7yrsno datano data
Kazuhiro Takasumi
Niigata Mill Manager & Director3.7yrsno datano data
Shigetaka Kato
CO, COO of Perf. Materials Sales & International Paper Export Sales2.7yrsno datano data
4.2yrs
Average Tenure
66.5yo
Average Age

Experienced Management: 3865's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sekio Kishimoto
Chairman & Group CEO18.4yrsno data0.21%
¥ 298.8m
Shigeru Wakamoto
President7.3yrsno data0.050%
¥ 72.9m
Makoto Yanagisawa
CFO, Legal3.3yrsno data0.020%
¥ 28.2m
Tomoyuki Iida
COO of Resource and Raw Materials Div.3.7yrsno data0.016%
¥ 22.8m
Satoshi Okamoto
Corp. Off. & COO of Perf. Mat. Sales Div. and Dom. Paper Sales Div.less than a yearno datano data
Kazuhiro Takasumi
Niigata Mill Manager & Directorless than a yearno datano data
Mitsuyasu Iwata
Independent Outside Director11.3yrsno datano data
Kazuo Nakase
Independent Outside Director9.3yrsno datano data
Toraki Inoue
Outside Audit & Supervisory Board Member2.3yrsno datano data
Hiroko Nihei
Independent Outside Director4.3yrsno datano data
Hiromitsu Kuramoto
Independent Outside Director5.3yrsno data0.0013%
¥ 1.8m
Manabu Ueno
Standing Audit & Supervisory Board Member5.3yrsno data0.0063%
¥ 9.1m
4.8yrs
Average Tenure
69yo
Average Age

Experienced Board: 3865's board of directors are considered experienced (4.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/15 17:35
End of Day Share Price 2026/09/15 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hokuetsu Corporation is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Akiko KuwaharaBofA Global Research
Masahiro ShibanoCitigroup Inc
Jeremie CapronCLSA

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