Process Industries

Hokuetsu Corp.

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 2023	JPY	USD
Revenue	301,204M	2,222.62M
Gross Profit	64,018M	472.39M
Operating income	17,289M	127.57M
Income before tax	13,757M	101.51M
Net income	8,325M	61.43M
EBITDA	29,284M	216.09M
Diluted EPS	49.47	0.36
Dividends Per Share	18	0.13
Total Assets	388,444M	2,918.65M
Total liabilities	162,490M	1,220.90M
Total equity	225,301M	1,692.84M
Operating cash flow	1,746M	12.88M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	275,807M	264,618M	222,454M	261,616M	301,204M
Gross Profit	51,139M	51,475M	38,476M	61,126M	64,018M
Operating income	10,131M	11,209M	1,168M	20,205M	17,289M
Income before tax	12,703M	12,711M	13,331M	27,358M	13,757M
Net income	9,155M	8,073M	14,172M	21,206M	8,325M
EBITDA	28,654M	29,784M	15,774M	33,551M	29,284M
Diluted EPS	47.73	40.94	83.00	126.09	49.47
Dividends Per Share	12	12	14	24	18
Total Assets	368,082M	344,731M	363,075M	376,956M	388,444M
Total liabilities	175,216M	163,864M	167,652M	159,976M	162,490M
Total equity	192,210M	180,265M	194,805M	216,330M	225,301M
Operating cash flow	21,626M	43,974M	23,760M	20,186M	1,746M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	2,487.10M	2,433.81M	2,097.48M	2,328.11M	2,222.62M
Gross Profit	461.14M	473.43M	362.78M	543.95M	472.39M
Operating income	91.35M	103.09M	11.01M	179.80M	127.57M
Income before tax	114.55M	116.90M	125.69M	243.45M	101.51M
Net income	82.55M	74.25M	133.62M	188.71M	61.43M
EBITDA	258.38M	273.93M	148.73M	298.56M	216.09M
Diluted EPS	0.43	0.37	0.78	1.12	0.36
Dividends Per Share	0.10	0.11	0.13	0.21	0.13
Total Assets	3,325.49M	3,193.28M	3,285.74M	3,105.71M	2,918.65M
Total liabilities	1,583.01M	1,517.89M	1,517.21M	1,318.03M	1,220.90M
Total equity	1,736.54M	1,669.81M	1,762.94M	1,782.32M	1,692.84M
Operating cash flow	195.01M	404.44M	224.02M	179.63M	12.88M

Valuation Measures

Mar 2023
PER	17.90
ROA	2.17%
ROE	3.77%
Operating margin	5.73%
Profit margin	2.76%

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%)
Misuga Kaiun Co., Ltd. (10.0%)
Oasis Management Co. Ltd. (9.8%)
Daishi Hokuetsu Financial Group, Inc. (4.5%)
Hokuetsu Kishu Paper Employee Stock Ownership Plan (3.6%)
Sumitomo Realty & Development Co., Ltd. (3.2%)
Dimensional Fund Advisors LP (2.6%)
Sompo Holdings, Inc. (2.3%)
Nomura Asset Management Co., Ltd. (2.1%)
Mizuho Financial Group, Inc. (2.1%)

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

Hokuetsu Material Co., Ltd.
Kishu Kohatsu Co., Ltd.
Hokuetsu Palette Co., Ltd.
Hokuetsu Logistics Co., Ltd.
Hokuetsu Paper Tech Katsuta Co., Ltd.
Hokuetsu Paper Tech Kishu Co., Ltd.
Hokuetsu Paper Tec Niigata Co., Ltd.
Kishu Kami Seisen Co., Ltd.
Bf & Package Co. Ltd.
New Zealand Plantation Forest Co. Ltd.
Freewheel Trade & Invest 7 (Pty) Ltd.
Shanghai Toh Tech Co., Ltd.
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 7 Jun, 2023