Tokushu Tokai Paper Co., Ltd. (JP:3708)
:3708
Want to see JP:3708 full AI Analyst Report?
Top Page
Tokushu Tokai Paper Co., Ltd.
(3708)
Select Model
Select Model
Rating:70Outperform
Price Target:
¥1,928.00
▲(22.03% Upside)
Action:Reiterated
Date:05/15/26
The score is driven primarily by steady financials with manageable leverage but uneven free-cash-flow consistency, plus supportive technical positioning above key moving averages. An attractive low P/E and decent dividend yield further lift the overall assessment.
Positive Factors
Manageable leverage and rising equity
A debt-to-equity in the mid-0.3x range alongside equity growth to ~¥83.5B provides balance-sheet stability. This durable financial footing supports capital spending, credit access and resilience to cyclical shocks, enabling medium-term strategic investments without excessive leverage.
Negative Factors
Volatile free cash flow conversion
The swing between negative and positive free cash flow points to inconsistent conversion of profits into distributable cash, likely from capex or working-capital swings. This reduces predictability for dividends, buybacks or debt reduction and raises financing risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage and rising equity
A debt-to-equity in the mid-0.3x range alongside equity growth to ~¥83.5B provides balance-sheet stability. This durable financial footing supports capital spending, credit access and resilience to cyclical shocks, enabling medium-term strategic investments without excessive leverage.
Read all positive factors
Tokushu Tokai Paper Co., Ltd. (3708) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥62.03B
Dividend Yield2.67%
Average Volume (3M)62.07K
Price to Earnings (P/E)12.8
Beta (1Y)0.54
Revenue Growth0.65%
EPS Growth22.48%
CountryJP
Employees1,750
SectorBasic Materials
Sector Strength58
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)101.67
Shares Outstanding39,000,000
10 Day Avg. Volume51,490
30 Day Avg. Volume62,070
Financial Highlights & Ratios
PEG Ratio0.58
Price to Book (P/B)0.67
Price to Sales (P/S)0.59
P/FCF Ratio33.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Tokushu Tokai Paper Co., Ltd. Business Overview & Revenue Model
Company Description
Tokushu Tokai Paper Co., Ltd. manufactures, processes, and sells paper products in Japan. It offers special material products, such as fancy, high-grade printer, canvas, functional, security, and information-use papers, as well as papers for prote...
How the Company Makes Money
Tokushu Tokai Paper primarily makes money by manufacturing and selling specialty paper and processed paper products to corporate customers. Revenue is generated through (1) sales of specialty paper grades designed for functional/industrial uses an...
Tokushu Tokai Paper Co., Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
71
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 96.38B | 95.41B | 94.80B | 86.52B | 84.13B | 80.71B |
| Gross Profit | 12.67B | 13.19B | 11.81B | 9.68B | 8.21B | 11.15B |
| EBITDA | 10.99B | 11.38B | 10.60B | 8.75B | 7.81B | 10.60B |
| Net Income | 3.57B | 4.37B | 3.61B | 4.59B | 4.13B | 5.25B |
Balance Sheet | ||||||
| Total Assets | 137.66B | 141.31B | 140.77B | 134.27B | 124.15B | 126.82B |
| Cash, Cash Equivalents and Short-Term Investments | 8.90B | 7.81B | 11.38B | 13.43B | 10.30B | 12.06B |
| Total Debt | 28.75B | 26.49B | 29.60B | 27.21B | 24.64B | 24.79B |
| Total Liabilities | 51.90B | 51.20B | 54.93B | 50.34B | 45.57B | 48.25B |
| Stockholders Equity | 79.26B | 83.46B | 78.68B | 77.01B | 72.23B | 72.29B |
Cash Flow | ||||||
| Free Cash Flow | 594.00M | 1.66B | -1.13B | 5.09B | -2.15B | 2.24B |
| Operating Cash Flow | 2.49B | 9.89B | 8.77B | 11.40B | 2.58B | 9.58B |
| Investing Cash Flow | -2.66B | -7.92B | -9.37B | -6.10B | -1.15B | -4.70B |
| Financing Cash Flow | -1.53B | -5.49B | -1.50B | -2.58B | -3.18B | -6.42B |
Tokushu Tokai Paper Co., Ltd. Technical Analysis
Positive
1580.00
Price Trends
1616.18
Positive
1621.48
Positive
1530.51
Positive
Market Momentum
17.76
Negative
55.41
Neutral
28.12
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3708, the sentiment is Positive. The current price of 1580 is below the 20-day moving average (MA) of 1629.00, below the 50-day MA of 1616.18, and above the 200-day MA of 1530.51, indicating a bullish trend. The MACD of 17.76 indicates Negative momentum. The RSI at 55.41 is Neutral, neither overbought nor oversold. The STOCH value of 28.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3708.
Tokushu Tokai Paper Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ¥62.03B | 12.82 | ― | 2.67% | 0.65% | 22.48% | |
67 Neutral | ¥161.40B | 12.48 | 3.57% | 1.31% | 0.86% | 158.75% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ¥798.99B | 13.87 | 2.55% | 3.51% | 0.67% | 31.73% | |
57 Neutral | ¥135.45B | 20.97 | 3.97% | 2.71% | -5.88% | -52.79% | |
55 Neutral | ¥45.96B | 19.03 | -0.13% | 2.31% | -10.51% | -56.26% | |
49 Neutral | ¥156.57B | 19.04 | 1.66% | 1.53% | -1.57% | ― |
* Basic Materials Sector Average
JP:3708
Tokushu Tokai Paper Co., Ltd.
1,671.00
519.23
45.08%
JP:3864
Mitsubishi Paper Mills
1,090.00
476.43
77.65%
JP:3863
Nippon Paper
1,371.00
357.07
35.22%
JP:3861
Oji Holdings
793.20
146.57
22.67%
JP:3865
Hokuetsu Corporation
861.00
-126.60
-12.82%
JP:3880
Daio Paper Corporation
958.00
140.79
17.23%
Tokushu Tokai Paper Co., Ltd. Corporate Events
Tokushu Tokai Paper Announces Board-Approved Organizational and Officer Changes
May 14, 2026
Tokushu Tokai Paper Co., Ltd. has approved a series of organizational and personnel changes as part of its ongoing governance and management structure review. The board resolution covers revisions to the Corporate Center’s organization, reti...
Tokushu Tokai Paper to Introduce Restricted Stock Plan for Directors
May 14, 2026
Tokushu Tokai Paper has approved a revamp of its executive compensation framework, introducing a restricted stock plan for internal directors, excluding outside directors and those on the Audit and Supervisory Committee. The proposal will be submi...
Tokushu Tokai Paper Launches 7th Medium-Term Plan With Higher Profit and Shareholder Return Targets
May 14, 2026
Tokushu Tokai Paper has unveiled its 7th Medium-Term Management Plan covering fiscal years ending March 2027 to March 2029, framed as the first phase of a nine-year long-term vision to boost profitability above the cost of shareholders’ equi...
Tokushu Tokai Paper Hikes Dividend and Adopts More Generous Payout Policy
May 14, 2026
Tokushu Tokai Paper will raise its year-end dividend for the fiscal year ended March 2026 to ¥32 per share, above its previous forecast of ¥22 and up from ¥20 a year earlier. This lifts the annual dividend to ¥53.67 per share, ...
Tokushu Tokai Paper Lifts Earnings and Dividends, Strengthens Balance Sheet
May 14, 2026
Tokushu Tokai Paper reported consolidated net sales of ¥95.4 billion for the year ended March 31, 2026, up 0.6% year on year, with operating income rising 9.4% to ¥4.3 billion and profit attributable to owners of parent jumping 21.1% to ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.