1. Japan Stocks

  2. •

    Process industries

  3. •

    Pulp & paper
Hokuetsu Corporation

Hokuetsu Corporation

840.00
JPY
-1.00
(-0.12%)
145.14BMarket Cap
Nov 13Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,119.82
1,212.91
1,310.49
1,392.46
1,424.83
1,459.24
1,424.21
1,324.77
1,557.07
1,792.2
1,766.89
1,817.86
1,718.3
- -
Basic EPS, GAAP
30.54
44.39
39.69
55.08
54.68
48.44
43.44
84.4
126.21
49.53
49.89
92.34
43.59
- -
Free Cash Flow per Basic Share
-19.97
87.6
63.64
80.67
27.06
27.12
151.32
44.09
38.63
-68.33
46.21
131.4
-48.18
- -
Dividend per Share
12.27
12.06
12.06
12.06
12.04
12.03
12.24
13.04
14
26.06
18.05
20.06
24.19
- -
Book Value per Share
835.05
888.8
895.41
957.35
1,012.21
1,016.7
1,073.55
1,160.08
1,287.26
1,340.42
1,497.37
1,576.35
1,586.17
- -
Tangible Book Value per Share
817.88
871.35
876.16
940.52
995.85
1,001.32
1,055.78
1,144.19
1,272.94
1,325.74
1,482.27
1,557.13
1,563.48
- -
Basic Weighted Avg Shares
200
188
188
188
189
189
186
168
168
168
168
168
167
164
Sales/Revenue/Turnover
223,864
228,400
246,849
262,398
269,099
275,807
264,618
222,454
261,616
301,204
297,056
305,718
287,736
- -
Operating Margin (%)
1.48
2.69
3.74
4.92
4.24
3.67
4.24
0.77
7.82
5.74
5.14
6.45
2.62
- -
Depreciation Expense
19,260
19,173
19,715
19,227
19,195
18,523
18,575
14,606
13,346
11,995
13,019
13,309
14,006
- -
Net Income, GAAP
6,105
8,359
7,476
10,380
10,327
9,155
8,072
14,172
21,206
8,325
8,387
15,529
7,299
- -
Effective Tax Rate (%)
20.72
23.09
26.75
17.73
22.33
29.47
36.26
- -
22.24
38.92
- -
27.22
35.32
- -
Profit Margin (%)
2.73
3.66
3.03
3.96
3.84
3.32
3.05
6.37
8.11
2.76
2.82
5.08
2.54
- -
Working Capital
32,621
21,173
33,358
56,034
53,758
65,805
66,148
55,004
68,512
84,910
97,682
97,481
100,639
- -
LT Debt
83,084
67,987
69,843
78,697
65,224
73,495
80,204
70,768
55,058
66,365
71,113
61,444
64,010
- -
Total Equity
158,820
168,570
169,526
181,032
191,974
192,859
180,859
195,417
216,971
225,948
252,461
265,868
252,745
- -
Return on Invested Capital (%)
0.89
1.59
2.26
3.51
2.92
2.33
2.38
- -
5.01
3.22
- -
3.98
1.36
- -
Return on Capital (%)
2.35
3.04
2.81
3.67
3.57
3.26
2.84
- -
6.83
2.69
- -
4.46
2.17
- -
Return on Common Equity (%)
3.86
5.15
4.45
5.95
5.56
4.77
4.33
7.56
10.32
3.77
3.52
6.01
2.82
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
36,683
36,818
- -
LT Borrowings
51,440
62,896
- -
LT Finance Leases
- -
1,114
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
168
159
159
Market Capitalization
167,561
145,145
139,322

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
170,957
189,330
- -
Cash, Cash Equivalents & STI
22,683
30,123
- -
Accounts Receivable, Net
62,149
64,496
- -
Inventories
71,652
75,971
- -
Total Current Liabilities
85,090
88,691
- -
Payables & Accruals
- -
- -
- -
ST Debt
36,683
36,818
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.24%
5.45%
-4.94%
Free Cash Flow
-7.33%
-81.79%
-136.51%
Net Income, GAAP
11.25%
4.36%
-53%
Sales/Revenue/Turnover
1.97%
5.68%
-5.88%
Total Cash Common Dividend
- -
18.83%
20.1%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
305,718
2026
- -
- -
- -
- -
287,736
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
92.34
2026
- -
- -
- -
- -
43.59
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
20.06
2026
- -
- -
- -
- -
24.19
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Sekio Kishimoto
Full Time Employees
3,728
Sector
Process industries
Industry
Pulp & paper
Address
3-2-2, Nihonbashihongoku-cho Tokyo TY Japan 103-0021
IPO Date
May 16, 1949
Website
hokuetsucorp.com
Similar Companies
International Paper Company (NYSE:IP)
JK Paper Limited (NSE:JKPAPER)
Avery Dennison Corporation (NYSE:AVY)
Alkim Kagit Sanayi ve Ticaret A.S. (BIST:ALKA)
Alkim Alkali Kimya A.S. (BIST:ALKIM)
Suzano S.A. (B3:SUZB3)
Business
Hokuetsu Corporation manufactures and sells paper and pulp products; packaging and paper processing materials; and other products including timber, construction materials, and logistics services. The company produces printing and communication paper such as coated paper, woodfree paper, mechanical paper, and bulky mechanical coated paper for books, magazines, catalogs, and brochures; white paperboard including cast-coated paper, art card, premium white paperboard (SBS), specialty white paperboard (FBB), and coated duplex board (CCNB) for packaging boxes, commercial printing, and food containers; functional paper and performance materials comprising industrial paper, specialty processed products, and specialty fiberboard; containerboard base paper for corrugated media; paper cup base paper for plastic-free containers; and paper containers including Halopack high-performance resealable paper containers. It operates through subsidiaries such as Hokuetsu Package Co., Ltd. for packaging solutions; Alberta-Pacific Forest Industries Inc. in Canada for hardwood and softwood pulp production with 640,000 metric tons annual capacity and biomass power generation; Bernard Dumas S.A.S. in France for AGM battery separators and air purification filter paper; and Shanghai Toh Tech Co., Ltd. in China for chip carrier tapes. Founded in 1907 and headquartered in Tokyo, Japan, Hokuetsu conducts business in Japan, Asia, North America, and other international markets with annual exports of approximately 300,000 metric tons. Recent developments include the April 2024 establishment of the Global Trading Division and restructuring of the Paper & White Paperboard Sales Division to enhance domestic and export competitiveness; launch of Medium-term Management Plan 2026 targeting net sales of ¥330 billion and operating income of ¥20 billion by FY2025; creation of the New Business Development Department reporting to the CFO to drive M&A and new ventures; May 2024 Basic Strategic Business Alliance Agreement with Daio Paper Corporation initiating round transportation in July 2024 for logistics efficiency with expected ¥3 billion operating income increase by FY2026; April 2023 exclusive licensing agreement for Halopack paper containers in Japan; and October 2022 entry into paper cup stock market with adoption by major food companies.