Reported Earnings • Jul 18
Full year 2026 earnings released: EPS: JP¥177 (vs JP¥172 in FY 2025) Full year 2026 results: EPS: JP¥177 (up from JP¥172 in FY 2025). Revenue: JP¥11.2b (down 2.6% from FY 2025). Net income: JP¥821.0m (up 2.9% from FY 2025). Profit margin: 7.3% (up from 6.9% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Jul 14
Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 27, 2026 Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 27, 2026. Announcement • May 23
Okayama Paper Industries Co., Ltd. to Report Fiscal Year 2026 Results on Jul 14, 2026 Okayama Paper Industries Co., Ltd. announced that they will report fiscal year 2026 results on Jul 14, 2026 Upcoming Dividend • May 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 28 August 2026. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.1%). Reported Earnings • Apr 16
Third quarter 2026 earnings released: EPS: JP¥40.69 (vs JP¥42.67 in 3Q 2025) Third quarter 2026 results: EPS: JP¥40.69 (down from JP¥42.67 in 3Q 2025). Revenue: JP¥2.64b (down 2.8% from 3Q 2025). Net income: JP¥189.0m (down 4.5% from 3Q 2025). Profit margin: 7.2% (down from 7.3% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 07
Okayama Paper Industries Co., Ltd. to Report Q3, 2026 Results on Apr 14, 2026 Okayama Paper Industries Co., Ltd. announced that they will report Q3, 2026 results on Apr 14, 2026 Reported Earnings • Jan 14
Second quarter 2026 earnings released: EPS: JP¥44.59 (vs JP¥58.50 in 2Q 2025) Second quarter 2026 results: EPS: JP¥44.59 (down from JP¥58.50 in 2Q 2025). Revenue: JP¥2.87b (down 4.8% from 2Q 2025). Net income: JP¥207.0m (down 24% from 2Q 2025). Profit margin: 7.2% (down from 9.0% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥8.19b market cap, or US$51.9m). Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,917, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 10x in the Packaging industry in Japan. Total returns to shareholders of 155% over the past three years. Announcement • Nov 22
Okayama Paper Industries Co., Ltd. to Report Q2, 2026 Results on Jan 13, 2026 Okayama Paper Industries Co., Ltd. announced that they will report Q2, 2026 results on Jan 13, 2026 Upcoming Dividend • Nov 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 November 2025. Payment date: 04 February 2026. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%). Reported Earnings • Oct 15
First quarter 2026 earnings released: EPS: JP¥47.86 (vs JP¥45.80 in 1Q 2025) First quarter 2026 results: EPS: JP¥47.86 (up from JP¥45.80 in 1Q 2025). Revenue: JP¥2.76b (down 6.4% from 1Q 2025). Net income: JP¥222.0m (up 4.7% from 1Q 2025). Profit margin: 8.0% (up from 7.2% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 24% per year. Announcement • Aug 23
Okayama Paper Industries Co., Ltd. to Report Q1, 2026 Results on Oct 14, 2025 Okayama Paper Industries Co., Ltd. announced that they will report Q1, 2026 results on Oct 14, 2025 Reported Earnings • Jul 16
Full year 2025 earnings released: EPS: JP¥172 (vs JP¥250 in FY 2024) Full year 2025 results: EPS: JP¥172 (down from JP¥250 in FY 2024). Revenue: JP¥11.5b (flat on FY 2024). Net income: JP¥798.0m (down 31% from FY 2024). Profit margin: 6.9% (down from 10% in FY 2024). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 20% per year. Announcement • Jul 14
Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 27, 2025 Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 27, 2025. Announcement • May 23
Okayama Paper Industries Co., Ltd. to Report Fiscal Year 2025 Results on Jul 14, 2025 Okayama Paper Industries Co., Ltd. announced that they will report fiscal year 2025 results on Jul 14, 2025 Upcoming Dividend • May 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 May 2025. Payment date: 28 August 2025. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (3.3%). Reported Earnings • Apr 12
Third quarter 2025 earnings released: EPS: JP¥42.67 (vs JP¥70.02 in 3Q 2024) Third quarter 2025 results: EPS: JP¥42.67 (down from JP¥70.02 in 3Q 2024). Revenue: JP¥2.71b (down 1.2% from 3Q 2024). Net income: JP¥198.0m (down 39% from 3Q 2024). Profit margin: 7.3% (down from 12% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Feb 21
Okayama Paper Industries Co., Ltd. to Report Q3, 2025 Results on Apr 11, 2025 Okayama Paper Industries Co., Ltd. announced that they will report Q3, 2025 results on Apr 11, 2025 Reported Earnings • Jan 15
Second quarter 2025 earnings released: EPS: JP¥58.47 (vs JP¥89.10 in 2Q 2024) Second quarter 2025 results: EPS: JP¥58.47 (down from JP¥89.10 in 2Q 2024). Revenue: JP¥3.02b (up 2.6% from 2Q 2024). Net income: JP¥271.0m (down 34% from 2Q 2024). Profit margin: 9.0% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 November 2024. Payment date: 03 February 2025. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%). Board Change • Sep 24
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Manabu Nakano was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 22
Okayama Paper Industries Co., Ltd. to Report Q1, 2025 Results on Oct 09, 2024 Okayama Paper Industries Co., Ltd. announced that they will report Q1, 2025 results on Oct 09, 2024 New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (JP¥5.04b market cap, or US$35.4m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥1,090, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 9x in the Packaging industry in Japan. Total returns to shareholders of 27% over the past three years. Reported Earnings • Jul 16
Full year 2024 earnings released: EPS: JP¥250 (vs JP¥101 in FY 2023) Full year 2024 results: EPS: JP¥250 (up from JP¥101 in FY 2023). Revenue: JP¥11.5b (up 5.9% from FY 2023). Net income: JP¥1.16b (up 134% from FY 2023). Profit margin: 10% (up from 4.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Jul 13
Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 27, 2024 Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 27, 2024. Announcement • May 25
Okayama Paper Industries Co., Ltd. to Report Fiscal Year 2024 Results on Jul 12, 2024 Okayama Paper Industries Co., Ltd. announced that they will report fiscal year 2024 results on Jul 12, 2024 Upcoming Dividend • May 23
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. The average dividend yield among industry peers is 2.9%. Reported Earnings • Mar 31
Third quarter 2024 earnings released: EPS: JP¥69.99 (vs JP¥16.37 in 3Q 2023) Third quarter 2024 results: EPS: JP¥69.99 (up from JP¥16.37 in 3Q 2023). Revenue: JP¥2.75b (up 6.1% from 3Q 2023). Net income: JP¥324.0m (up 305% from 3Q 2023). Profit margin: 12% (up from 3.1% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 21% per year. Announcement • Feb 23
Okayama Paper Industries Co., Ltd. to Report Q3, 2024 Results on Mar 29, 2024 Okayama Paper Industries Co., Ltd. announced that they will report Q3, 2024 results on Mar 29, 2024 Reported Earnings • Jan 13
Second quarter 2024 earnings released: EPS: JP¥89.08 (vs JP¥16.40 in 2Q 2023) Second quarter 2024 results: EPS: JP¥89.08 (up from JP¥16.40 in 2Q 2023). Revenue: JP¥2.94b (up 9.7% from 2Q 2023). Net income: JP¥412.0m (up 402% from 2Q 2023). Profit margin: 14% (up from 3.1% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to JP¥1,422, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 10x in the Packaging industry in Japan. Total returns to shareholders of 63% over the past three years. Announcement • Nov 23
Okayama Paper Industries Co., Ltd. to Report Q2, 2024 Results on Jan 11, 2024 Okayama Paper Industries Co., Ltd. announced that they will report Q2, 2024 results on Jan 11, 2024 Upcoming Dividend • Nov 22
Inaugural dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 02 February 2024. This is the first dividend for Okayama Paper Industries since going public. The average dividend yield among industry peers is 2.8%. Reported Earnings • Sep 30
First quarter 2024 earnings released: EPS: JP¥68.42 (vs JP¥28.65 in 1Q 2023) First quarter 2024 results: EPS: JP¥68.42 (up from JP¥28.65 in 1Q 2023). Revenue: JP¥2.89b (up 5.4% from 1Q 2023). Net income: JP¥316.0m (up 121% from 1Q 2023). Profit margin: 11% (up from 5.2% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Aug 25
Okayama Paper Industries Co., Ltd. to Report Q1, 2024 Results on Sep 29, 2023 Okayama Paper Industries Co., Ltd. announced that they will report Q1, 2024 results on Sep 29, 2023 New Risk • Jul 23
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 2.0% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (JP¥4.19b market cap, or US$29.5m). Reported Earnings • Jul 16
Full year 2023 earnings released: EPS: JP¥101 (vs JP¥118 in FY 2022) Full year 2023 results: EPS: JP¥101 (down from JP¥118 in FY 2022). Revenue: JP¥10.9b (up 7.8% from FY 2022). Net income: JP¥494.0m (down 16% from FY 2022). Profit margin: 4.5% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% 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. Announcement • Jul 16
Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 25, 2023 Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 25, 2023. Announcement • May 25
Okayama Paper Industries Co., Ltd. to Report Fiscal Year 2023 Results on Jul 14, 2023 Okayama Paper Industries Co., Ltd. announced that they will report fiscal year 2023 results on Jul 14, 2023 Upcoming Dividend • May 23
Upcoming dividend of JP¥8.00 per share at 0.9% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 29 August 2023. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.9%). Reported Earnings • Mar 31
Third quarter 2023 earnings released: EPS: JP¥16.36 (vs JP¥16.63 in 3Q 2022) Third quarter 2023 results: EPS: JP¥16.36 (down from JP¥16.63 in 3Q 2022). Revenue: JP¥2.59b (up 10% from 3Q 2022). Net income: JP¥80.0m (down 3.6% from 3Q 2022). Profit margin: 3.1% (down from 3.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Feb 15
Okayama Paper Industries Co., Ltd. (TSE:3892) announces an Equity Buyback for 400,000 shares, representing 7.99% for ¥333.6 million. Okayama Paper Industries Co., Ltd. (TSE:3892) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 7.99% of its issued share capital, for ¥333.6 million. Repurchases will be made at a price of ¥834 per share. The purpose of repurchase program is to enable the execution of flexible capital policies in response to changes in the business environment. The program will run until February 15, 2023. As of November 30, 2022, the company had 5,006,183 shares outstanding (excluding treasury stock) and 493,817 shares in treasury. Reported Earnings • Jan 14
Second quarter 2023 earnings released: EPS: JP¥16.40 (vs JP¥26.86 in 2Q 2022) Second quarter 2023 results: EPS: JP¥16.40 (down from JP¥26.86 in 2Q 2022). Revenue: JP¥2.68b (up 5.9% from 2Q 2022). Net income: JP¥82.0m (down 39% from 2Q 2022). Profit margin: 3.1% (down from 5.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Nov 24
Okayama Paper Industries Co., Ltd. to Report Q2, 2023 Results on Jan 12, 2023 Okayama Paper Industries Co., Ltd. announced that they will report Q2, 2023 results on Jan 12, 2023 Upcoming Dividend • Nov 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 01 February 2023. The company last paid an ordinary dividend in January 2012. The average dividend yield among industry peers is 3.3%. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent External Director Hiroshi Tai was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 04
Full year 2022 earnings released: EPS: JP¥118 (vs JP¥124 in FY 2021) Full year 2022 results: EPS: JP¥118 (down from JP¥124 in FY 2021). Revenue: JP¥10.1b (up 7.3% from FY 2021). Net income: JP¥591.0m (down 4.1% from FY 2021). Profit margin: 5.9% (down from 6.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Aug 25
Okayama Paper Industries Co., Ltd. to Report Q1, 2023 Results on Sep 28, 2022 Okayama Paper Industries Co., Ltd. announced that they will report Q1, 2023 results on Sep 28, 2022 Reported Earnings • Jul 17
Full year 2022 earnings released: EPS: JP¥118 (vs JP¥124 in FY 2021) Full year 2022 results: EPS: JP¥118 (down from JP¥124 in FY 2021). Revenue: JP¥10.1b (up 7.3% from FY 2021). Net income: JP¥591.0m (down 4.1% from FY 2021). Profit margin: 5.9% (down from 6.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jul 16
Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 26, 2022 Okayama Paper Industries Co., Ltd., Annual General Meeting, Aug 26, 2022. Announcement • May 25
Okayama Paper Industries Co., Ltd. to Report Q4, 2022 Results on Jul 14, 2022 Okayama Paper Industries Co., Ltd. announced that they will report Q4, 2022 results on Jul 14, 2022 Upcoming Dividend • May 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 30 August 2022. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.4%). Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. GM & Director Yoshinori Takano was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Third quarter 2022 earnings released: EPS: JP¥16.63 (vs JP¥23.09 in 3Q 2021) Third quarter 2022 results: EPS: JP¥16.63 (down from JP¥23.09 in 3Q 2021). Revenue: JP¥2.34b (up 6.6% from 3Q 2021). Net income: JP¥83.0m (down 28% from 3Q 2021). Profit margin: 3.5% (down from 5.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 7% per year. Announcement • Feb 25
Okayama Paper Industries Co., Ltd. to Report Q3, 2022 Results on Mar 30, 2022 Okayama Paper Industries Co., Ltd. announced that they will report Q3, 2022 results on Mar 30, 2022 Reported Earnings • Jan 09
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥26.86 (down from JP¥30.55 in 2Q 2021). Revenue: JP¥2.53b (up 7.3% from 2Q 2021). Net income: JP¥134.0m (down 12% from 2Q 2021). Profit margin: 5.3% (down from 6.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Upcoming Dividend • Nov 22
Inaugural dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 01 February 2022. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 2.3%. Reported Earnings • Sep 30
First quarter 2022 earnings released: EPS JP¥36.34 (vs JP¥29.60 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.54b (up 11% from 1Q 2021). Net income: JP¥181.0m (up 23% from 1Q 2021). Profit margin: 7.1% (up from 6.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 16
Full year 2021 earnings released: EPS JP¥124 (vs JP¥196 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥9.40b (down 6.3% from FY 2020). Net income: JP¥616.0m (down 37% from FY 2020). Profit margin: 6.6% (down from 9.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 21
Inaugural dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 28 August 2021. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 1.7%. Reported Earnings • Apr 16
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥2.20b (down 5.2% from 3Q 2020). Net income: JP¥115.0m (down 46% from 3Q 2020). Profit margin: 5.2% (down from 9.2% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Third quarter 2021 earnings released: EPS JP¥23.09 (vs JP¥42.89 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥2.20b (down 5.2% from 3Q 2020). Net income: JP¥115.0m (down 46% from 3Q 2020). Profit margin: 5.2% (down from 9.2% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Feb 26
Okayama Paper Industries Co., Ltd. to Report Q3, 2021 Results on Mar 30, 2021 Okayama Paper Industries Co., Ltd. announced that they will report Q3, 2021 results on Mar 30, 2021 Is New 90 Day High Low • Feb 15
New 90-day high: JP¥929 The company is up 2.0% from its price of JP¥913 on 17 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 14
New 90-day low: JP¥888 The company is down 7.0% from its price of JP¥960 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 5.0% over the same period. Reported Earnings • Jan 09
Second quarter 2021 earnings released: EPS JP¥30.55 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.36b (down 9.2% from 2Q 2020). Net income: JP¥152.0m (down 49% from 2Q 2020). Profit margin: 6.4% (down from 11% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Nov 28
Okayama Paper Industries Co., Ltd. to Report Q2, 2021 Results on Jan 08, 2021 Okayama Paper Industries Co., Ltd. announced that they will report Q2, 2021 results on Jan 08, 2021 Upcoming Dividend • Nov 20
Upcoming Dividend of JP¥8.00 Per Share Will be paid on the 4th of February to those who are registered shareholders by the 27th of November. The company last paid an ordinary dividend in April 2012. The average dividend yield among industry peers is 1.8%. Reported Earnings • Oct 17
First quarter earnings released Over the last 12 months the company has reported total profits of JP¥888.0m, up 59% from the prior year. Total revenue was JP¥9.82b over the last 12 months, down 2.0% from the prior year. Reported Earnings • Sep 30
First quarter earnings released Over the last 12 months the company has reported total profits of JP¥888.0m, up 59% from the prior year. Total revenue was JP¥9.82b over the last 12 months, down 2.0% from the prior year. Announcement • Aug 23
Okayama Paper Industries Co., Ltd. to Report Q1, 2021 Results on Sep 29, 2020 Okayama Paper Industries Co., Ltd. announced that they will report Q1, 2021 results on Sep 29, 2020 
