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Oji Holdings
(OTC:3861)
Oji Holdings (3861) vs. iShares MSCI Japan ETF (EWJ)
Oji Holdings Business Overview & Revenue Model
Oji Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.87T | 1.85T | 1.70T | 1.71T | 1.47T | 1.36T |
| Gross Profit | 340.97B | 349.39B | 324.08B | 340.00B | 343.95B | 327.43B |
| EBITDA | 143.76B | 199.47B | 166.15B | 165.02B | 202.64B | 151.53B |
| Net Income | 23.30B | 46.17B | 50.81B | 56.48B | 87.51B | 49.63B |
Balance Sheet | ||||||
| Total Assets | 2.59T | 2.64T | 2.44T | 2.30T | 2.05T | 1.98T |
| Cash, Cash Equivalents and Short-Term Investments | 69.10B | 65.86B | 62.86B | 57.07B | 55.82B | 136.25B |
| Total Debt | 948.67B | 903.39B | 736.72B | 788.34B | 650.51B | 647.68B |
| Total Liabilities | 1.53T | 1.50T | 1.35T | 1.33T | 1.18T | 1.12T |
| Stockholders Equity | 1.04T | 1.10T | 1.07T | 937.08B | 851.39B | 751.18B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -49.51B | 87.88B | -75.85B | 44.93B | 32.43B |
| Operating Cash Flow | 0.00 | 94.42B | 202.90B | 18.26B | 143.59B | 127.11B |
| Investing Cash Flow | 0.00 | -154.91B | -118.00B | -123.27B | -92.57B | -91.56B |
| Financing Cash Flow | 0.00 | 60.97B | -84.90B | 101.79B | -136.00B | 19.93B |
Oji Holdings Technical Analysis
Oji Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ¥159.48B | 14.17 | 4.52% | 2.71% | -0.03% | 120.35% | |
64 Neutral | ¥55.23B | 8.24 | ― | 4.48% | -0.37% | -19.68% | |
62 Neutral | ¥886.06B | 26.51 | 2.87% | 3.51% | 3.91% | -22.16% | |
62 Neutral | ¥137.37B | 7.80 | 3.57% | 1.31% | 1.64% | -10.74% | |
62 Neutral | ¥89.55B | 43.77 | ― | 3.19% | 4.06% | -73.92% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | ¥162.72B | -49.55 | -1.54% | 1.53% | -2.89% | -15.89% |
Oji Holdings Corporate Events
Oji Holdings has disclosed the status of its latest share buyback, executed under a board resolution that authorizes a large-scale repurchase of its common stock. Between December 17 and 31, 2025, the company repurchased 6,210,600 shares of its common stock through the Tokyo Stock Exchange’s off-auction ToSTNeT-3 system, at a total cost of approximately ¥5.26 billion, as part of a broader program permitting the acquisition of up to 82 million shares or ¥50 billion through December 16, 2026. As of the end of December 2025, this initial tranche represents the first phase of the buyback, signaling management’s continued commitment to shareholder returns and capital efficiency through treasury share acquisition.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation has completed a buyback of 6,210,600 shares of its common stock on December 23, 2025 via the Tokyo Stock Exchange’s ToSTNeT-3 off-auction trading system, spending approximately JPY 5.26 billion at an average price of JPY 847.1 per share. This transaction is the first execution under a broader board-approved share repurchase program authorized on December 16, 2025, which allows for buybacks of up to 82 million shares, or about 9% of outstanding shares excluding treasury stock, and up to JPY 50 billion through December 16, 2026, signaling ongoing capital return to shareholders and potentially supporting the company’s share price and capital efficiency over the medium term.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings has set specific terms for a previously approved share buyback, announcing it will repurchase up to 7 million shares, or about 0.8% of its outstanding stock (excluding treasury shares), via the Tokyo Stock Exchange’s off-auction ToSTNeT-3 system at the December 22 closing price of ¥847.1 per share on the morning of December 23, 2025. This tranche, capped at roughly ¥5.93 billion, forms part of a larger buyback program authorized by the board on December 16, 2025, allowing up to 82 million shares and ¥50 billion in total repurchases through December 2026; the move underscores the company’s intention to enhance shareholder value and optimize its capital structure, though execution may be adjusted depending on market conditions and available sell orders, including those from a shareholder that has indicated an intention to sell.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation announced a resolution to repurchase treasury shares, aiming to improve capital efficiency and enhance shareholder returns as part of its Medium-Term Management Plan 2027. The company plans to acquire up to 82 million shares, with a maximum acquisition cost of JPY 50 billion, through market trades on the Tokyo Stock Exchange over the next year.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation has completed the repurchase of 1,303,700 treasury shares, amounting to JPY 1,059,358,660, as part of a resolution by its Board of Directors. This move is part of a larger strategy to acquire up to 100 million shares, representing 10.1% of outstanding shares, with a maximum budget of JPY 50 billion, aimed at enhancing shareholder value and optimizing capital structure.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation announced the status of its treasury share repurchase, revealing that it has acquired 2,386,000 shares at a cost of JPY 1,884,904,500 during November 2025. This repurchase is part of a broader strategy approved by the Board of Directors to buy back up to 100 million shares, with the aim of optimizing capital structure and enhancing shareholder value. As of November 30, 2025, the company has repurchased a cumulative total of 77,195,000 shares, nearing its maximum limit, which indicates a strong commitment to its capital management strategy.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation announced that its subsidiary, Oji Real Estate Co., Ltd., will transfer certain fixed assets as part of its Medium-Term Management Plan 2027, aimed at improving capital efficiency through asset slimming. This transfer is expected to generate an extraordinary income of ¥19.9 billion, which will be reflected in the company’s consolidated financial results for the year ending March 2026, without altering the previously announced financial forecast.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation announced it will receive substantial dividends from its subsidiaries, Oji Materia Co., Ltd. and Oji Imaging Media Co., Ltd., totaling 89.8 billion yen. These dividends will be recorded as operating revenue in the company’s non-consolidated financial statements for the fiscal year ending March 2026, with no impact on the consolidated financial results.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation has revised its consolidated financial forecast for the year ending March 2026, anticipating a decrease in net sales and profits compared to previous estimates. The revision is attributed to a decline in sales volume and unfavorable market conditions in both domestic and overseas pulp markets. Despite the expected drop in profits, the company maintains its annual dividend forecast at 36 yen per share, indicating stability in shareholder returns.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation reported its financial results for the second quarter ending September 30, 2025, showing a significant decline in comprehensive income compared to the previous year. The company also announced a change in its consolidated forecasts for the year ending March 2026, reflecting adjustments in its financial outlook. Despite these changes, there are no alterations in the dividend forecast, indicating a stable approach to shareholder returns.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation has announced the status of its share repurchase program, which was authorized by the Board of Directors in December 2024. As of October 31, 2025, the company has repurchased 74,809,000 shares at a total cost of JPY 47,055,699,470, reflecting its strategic move to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.
Oji Holdings Corporation has revised its consolidated financial forecast for the second quarter of the fiscal year ending March 2026, citing a decline in overseas market conditions for pulp and other products. This revision reflects a decrease in expected net sales, operating profit, ordinary profit, and profit attributable to owners of the parent. Despite these adjustments, the company maintains its annual dividend forecast, indicating stability in shareholder returns.
The most recent analyst rating on (JP:3861) stock is a Hold with a Yen875.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.