Awa Paper & Technological Company, Inc.

TSE:3896 Stock Report

Market Cap: JP¥3.7b

Awa Paper & Technological Company Past Earnings Performance

Past criteria checks 4/6

Awa Paper & Technological Company has been growing earnings at an average annual rate of 8.7%, while the Forestry industry saw earnings declining at 5.7% annually. Revenues have been growing at an average rate of 5.5% per year. Awa Paper & Technological Company's return on equity is 11%, and it has net margins of 4.1%.

Key information

8.69%

Earnings growth rate

8.68%

EPS growth rate

Forestry Industry Growth13.14%
Revenue growth rate5.54%
Return on equity10.96%
Net Margin4.07%
Next Earnings Update10 Aug 2026

Recent past performance updates

Analysis Article • May 20

Awa Paper & Technological Company's (TSE:3896) Earnings Are Weaker Than They Seem

Last week's profit announcement from Awa Paper & Technological Company, Inc. ( TSE:3896 ) was underwhelming for...

Recent updates

Analysis Article • May 20

Awa Paper & Technological Company's (TSE:3896) Earnings Are Weaker Than They Seem

Last week's profit announcement from Awa Paper & Technological Company, Inc. ( TSE:3896 ) was underwhelming for...
Analysis Article • Jan 14

Awa Paper & Technological Company, Inc.'s (TSE:3896) Shares Climb 26% But Its Business Is Yet to Catch Up

Awa Paper & Technological Company, Inc. ( TSE:3896 ) shareholders would be excited to see that the share price has had...
Analysis Article • Jan 14

There's Reason For Concern Over Awa Paper & Technological Company, Inc.'s (TSE:3896) Massive 26% Price Jump

Awa Paper & Technological Company, Inc. ( TSE:3896 ) shares have had a really impressive month, gaining 26% after a...
Analysis Article • Apr 15

Awa Paper & Technological Company, Inc.'s (TSE:3896) Business Is Trailing The Industry But Its Shares Aren't

With a median price-to-sales (or "P/S") ratio of close to 0.2x in the Forestry industry in Japan, you could be forgiven...
Analysis Article • Oct 11

There's Reason For Concern Over Awa Paper & Technological Company, Inc.'s (TSE:3896) Price

With a median price-to-sales (or "P/S") ratio of close to 0.2x in the Forestry industry in Japan, you could be forgiven...
Analysis Article • Aug 07

Returns On Capital Are Showing Encouraging Signs At Awa Paper & Technological Company (TSE:3896)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Mar 07

Investors Still Waiting For A Pull Back In Awa Paper & Technological Company, Inc. (TSE:3896)

With a median price-to-sales (or "P/S") ratio of close to 0.3x in the Forestry industry in Japan, you could be forgiven...

Revenue & Expenses Breakdown

How Awa Paper & Technological Company makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:3896 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2618,4947531,952509
31 Dec 2518,084-3271,988434
30 Sep 2517,836-2231,926434
30 Jun 2517,742-771,866434
31 Mar 2517,124351,877434
31 Dec 2416,238-2531,911389
30 Sep 2415,954-2191,916389
30 Jun 2415,621-2011,981389
31 Mar 2416,115521,826389
31 Dec 2317,008581,885395
30 Sep 2317,2891741,804395
30 Jun 2317,3902551,803395
31 Mar 2317,3092421,957395
31 Dec 2216,6825001,879413
30 Sep 2216,1313972,014413
30 Jun 2215,5773612,041413
31 Mar 2215,0232821,930413
31 Dec 2114,440-1581,894470
30 Sep 2113,624-2981,715470
30 Jun 2112,874-4571,591470
31 Mar 2112,551-4441,572470
31 Dec 2012,990-1451,555467
30 Sep 2013,699-1171,620467
30 Jun 2014,683-131,726467
31 Mar 2015,353-331,810467
31 Dec 1915,435-2111,838505
30 Sep 1915,657-1341,895505
30 Jun 1916,057-451,905505
31 Mar 1916,158361,910505
31 Dec 1816,087-1,2091,939435
30 Sep 1816,031-1,1891,869435
30 Jun 1815,975-1,1931,864435
31 Mar 1816,083-1,2191,838435
31 Dec 1716,1705991,900349
30 Sep 1716,1175951,900349
30 Jun 1716,1245111,845349
31 Mar 1716,3004831,809349
31 Dec 1616,543481,785362
30 Sep 1616,67281,736362
30 Jun 1616,8771571,744362
31 Mar 1616,9812921,741362
31 Dec 1517,0885571,689427
30 Sep 1517,1556981,744427

Quality Earnings: 3896 has a large one-off gain of ¥1.4B impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: 3896's current net profit margins (4.1%) are higher than last year (0.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3896 has become profitable over the past 5 years, growing earnings by 8.7% per year.

Accelerating Growth: 3896's earnings growth over the past year (2051.4%) exceeds its 5-year average (8.7% per year).

Earnings vs Industry: 3896 earnings growth over the past year (2051.4%) exceeded the Forestry industry 20.7%.

Return on Equity

High ROE: 3896's Return on Equity (11%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 15:14
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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

Awa Paper & Technological Company, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yusuke AndoDaiwa Securities Co. Ltd.