Low Leverage / Strong Balance SheetA low debt-to-equity structure and healthy equity ratio provide lasting financial flexibility. This reduces refinancing and solvency risk across cycles, supports capital expenditures and working capital needs, and gives management optionality to invest or withstand demand volatility over months.

Sustained Operational MarginsPersistent positive EBIT/EBITDA margins indicate underlying operational efficiency and cost management. For a commodity-linked paper producer, sustained margins provide a durable buffer against input cost swings, supporting cash generation and the capacity to fund reinvestment or gradual margin recovery.

Long-term Contracts And R&D/sustainability FocusLong-term client contracts increase revenue visibility and reduce demand volatility risk. Combined with explicit R&D and sustainability initiatives, this positions the company to capture structural shifts toward eco-friendly packaging, supporting market differentiation and durable product demand over 2–6 months and beyond.

Bears Say

Weakening Cash Flow And ConversionSharp declines in operating and free cash flow and negative cash conversion ratios undermine liquidity and limit ability to self-fund capex, dividends, or working capital. If persistent, cash weakness constrains strategic flexibility and elevates reliance on external funding.

Declining Revenue And MarginsSustained top-line contraction and shrinking gross/net margins point to structural demand, pricing, or cost pressures. Over several months this can erode scale economics, reduce operating leverage, and impair the company’s ability to invest in product development or pricing initiatives needed to restore growth.

Material EPS DeteriorationA roughly 23% EPS decline signals meaningful earnings stress, limiting retained earnings and potentially constraining dividends or reinvestment. Persisting EPS deterioration reduces strategic flexibility and may force tougher cost or capital-allocation choices in the medium term.

3892 FAQ

What was Okayama Paper Industries Co., Ltd.’s price range in the past 12 months?

Okayama Paper Industries Co., Ltd. lowest stock price was ¥1230.00 and its highest was ¥2075.00 in the past 12 months.

What is Okayama Paper Industries Co., Ltd.’s market cap?

Okayama Paper Industries Co., Ltd.’s market cap is ¥8.95B.

When is Okayama Paper Industries Co., Ltd.’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Okayama Paper Industries Co., Ltd.’s earnings last quarter?

Currently, no data Available

Is Okayama Paper Industries Co., Ltd. overvalued?

According to Wall Street analysts Okayama Paper Industries Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Okayama Paper Industries Co., Ltd. pay dividends?

Okayama Paper Industries Co., Ltd. pays a Semiannually dividend of ¥25 which represents an annual dividend yield of 3%. See more information on Okayama Paper Industries Co., Ltd. dividends here

What is Okayama Paper Industries Co., Ltd.’s EPS estimate?

Okayama Paper Industries Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Okayama Paper Industries Co., Ltd. have?

Okayama Paper Industries Co., Ltd. has 5,500,000 shares outstanding.

What happened to Okayama Paper Industries Co., Ltd.’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Okayama Paper Industries Co., Ltd.?

Currently, no hedge funds are holding shares in JP:3892

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Okayama Paper Industries Co., Ltd.

Okayama Paper Industries Co., Ltd. engages in manufacture and sale of paper products in Japan and internationally. It provides core paper, paper tube base paper, paper boards, and flat plate, and decorative cardboards; cosmetic cardboard; and digital high speed printing services. Okayama Paper Industries Co., Ltd. was incorporated in 1907 and is headquartered in Okayama, Japan.