Process Industries

Hokuetsu Corp.

In the news

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Rift between Japanese paper companies widens Apr 13, 2017

Business Summary

Hokuetsu Corp. engages in the manufacture and sale of paper and pulp products. It operates through the following segments: Paper and Pulp, Packaging and Paper Processing, and Others. The Paper and Pulp segment provides printing paper, white paperboard, and specialty paper. The Packaging and Paper Processing segment offers paper containers, liquid package cartons, laminated paper, functional materials, business forms, and data processing services. The Others segment includes wood products, construction, transportation, warehousing, and machinery manufacturing, sales, and maintenance. The company was founded on April 27, 1907 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	261,616M	2,328.11M
Gross Profit	61,126M	543.95M
Operating income	20,205M	179.80M
Income before tax	27,358M	243.45M
Net income	21,206M	188.71M
EBITDA	33,551M	298.56M
Diluted EPS	126.09	1.12
Dividends Per Share	24	0.21
Total Assets	376,956M	3,105.71M
Total liabilities	159,976M	1,318.03M
Total equity	216,330M	1,782.32M
Operating cash flow	20,186M	179.63M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	269,099M	275,807M	264,618M	222,454M	261,616M
Gross Profit	52,253M	51,139M	51,475M	38,476M	61,126M
Operating income	11,414M	10,131M	11,209M	1,168M	20,205M
Income before tax	13,521M	12,703M	12,711M	13,331M	27,358M
Net income	10,327M	9,155M	8,073M	14,172M	21,206M
EBITDA	30,609M	28,654M	29,784M	15,774M	33,551M
Diluted EPS	53.42	47.73	40.94	83.00	126.09
Dividends Per Share	12	12	12	14	24
Total Assets	366,447M	368,082M	344,731M	363,075M	376,956M
Total liabilities	174,465M	175,216M	163,864M	167,652M	159,976M
Total equity	191,276M	192,210M	180,265M	194,805M	216,330M
Operating cash flow	19,741M	21,626M	43,974M	23,760M	20,186M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	2,427.98M	2,487.10M	2,433.81M	2,097.48M	2,328.11M
Gross Profit	471.45M	461.14M	473.43M	362.78M	543.95M
Operating income	102.98M	91.35M	103.09M	11.01M	179.80M
Income before tax	121.99M	114.55M	116.90M	125.69M	243.45M
Net income	93.17M	82.55M	74.25M	133.62M	188.71M
EBITDA	276.17M	258.38M	273.93M	148.73M	298.56M
Diluted EPS	0.48	0.43	0.37	0.78	1.12
Dividends Per Share	0.10	0.10	0.11	0.13	0.21
Total Assets	3,445.66M	3,325.49M	3,193.28M	3,285.74M	3,105.71M
Total liabilities	1,640.47M	1,583.01M	1,517.89M	1,517.21M	1,318.03M
Total equity	1,798.55M	1,736.54M	1,669.81M	1,762.94M	1,782.32M
Operating cash flow	178.11M	195.01M	404.44M	224.02M	179.63M

Valuation Measures

Mar 2022
PER	5.50
ROA	5.73%
ROE	10.31%
Operating margin	7.72%
Profit margin	8.10%

Key executives

President, CEO & Representative Director: Sekio Kishimoto
Chief Risk Management Officer & Head-Legal: Makoto Yanagisawa
Executive Officer: Masayuki Kuribayashi
Manager-Business Administration: Tomonari Maruyama
Managing Director: Mitsushige Yamamoto

Shareholders

Hokuetsu Corp. (10.3%)
Oasis Management Co. Ltd. (9.1%)
Daio Kaiun Co. Ltd. (4.6%)
Daishi Hokuetsu Financial Group, Inc. (4.5%)
Hokuetsu Kishu Paper Employee Stock Ownership Plan (3.5%)
Mizuho Financial Group, Inc. (3.2%)
Sumitomo Realty & Development Co., Ltd. (3.2%)
Nomura Asset Management Co., Ltd. (2.9%)
Dimensional Fund Advisors LP (2.6%)
Sompo Holdings, Inc. (2.3%)

Contact Details

Website:http://www.hokuetsucorp.com
Address: 3-2-2 Nihonbashi Hongo-cho, Chuo-Ku, Tokyo, 103-0021, Japan
Phone: +81.3.3245.4500

Related Companies

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Hokuetsu Paper Tech Kishu Co., Ltd.
Hokuetsu Paper Tec Niigata Co., Ltd.
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Totaku Shanghai Electric Materials Co., Ltd.
Jiangmen Xinghui Paper Mill Co., Ltd.
Xing Hui Investment Holdings Co., Ltd.
Alpac Forest Products, Inc.
Alpac Pulp Sales, Inc.
Hokuetsu Kishu Paper Employee Stock Ownership Plan
Hokuetsu Corp Pension Fund
Hokuetsu Kishu Sales Co., Ltd.
Tamura Yoshiten KK /Retail Shop Business/
Hokuetsu Forest Co. Ltd.
Hokuetsu Package Co., Ltd.
Hokuetsu Butsuryu KK
Hokuetsu Engineering KK
Hokuetsu Kami Seisen KK
Kishu Zorin Co. Ltd.
Hokuetsu Trading Corp.
Techno-Hokuetsu Ltd.
Hokuetsu Suiun Co., Ltd.

Competitors

Last Updated on 4 Oct, 2022