Mitsubishi Paper Mills (3864) AI Stock Analysis

• Market Cap: ¥36.10B
• Dividend Yield: 2.31%
• Average Volume (3M): 181.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.97
• Revenue Growth: -10.04%
• EPS Growth: 43.13%
• Country: JP
• Employees: 2,832
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): -17.49
• Shares Outstanding: 44,741,432
• 10 Day Avg. Volume: 145,350
• 30 Day Avg. Volume: 181,063
• PEG Ratio: 1.63
• Price to Book (P/B): 0.34
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 12.85
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: ¥854.00 ▲(30.38% Upside)
• Action: Reiterated Date: 02/25/26
• Date: Action: Reiterated 02/25/26

The score is driven mainly by moderately solid financials (improving margins and a stable balance sheet) but held back by declining revenue and weakening free cash flow. Technically, the stock is in an uptrend but appears overbought, increasing pullback risk. Valuation is a key drag due to the negative P/E, with only modest support from the dividend yield.

Positive Factors

Improving Profitability

Sustained improvement in gross and net margins signals better pricing power or cost control versus peers. Higher margins provide buffer against revenue volatility, support incremental operating cash flow and earnings stability, and improve the company's ability to reinvest or sustain dividends over months.

Negative Factors

Declining Revenue

A persistent double-digit revenue decline reduces scale economics and can erode competitive position. Lower top-line trends constrain margin leverage, limit funds available for R&D and sales investment, and increase reliance on margin recovery rather than organic growth to drive earnings.

Mitsubishi Paper Mills Business Overview & Revenue Model

Company Description

Mitsubishi Paper Mills Limited, together with its subsidiaries, produces, processes, and sells paper, pulp, and photosensitive materials in Japan, Europe, rest of Asia, North America, and internationally. The company operates in four segments: Pap...

Read more

Mitsubishi Paper Mills Limited, together with its subsidiaries, produces, processes, and sells paper, pulp, and photosensitive materials in Japan, Europe, rest of Asia, North America, and internationally. The company operates in four segments: Pap...

How the Company Makes Money

Mitsubishi Paper Mills generates revenue through the manufacturing and sale of its extensive range of paper products. Key revenue streams include the production of printing papers, which serve the publishing industry, and specialty papers used in ...

Read more

Mitsubishi Paper Mills generates revenue through the manufacturing and sale of its extensive range of paper products. Key revenue streams include the production of printing papers, which serve the publishing industry, and specialty papers used in ...

Mitsubishi Paper Mills Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	170.40B	175.94B	193.46B	209.54B	181.92B	162.32B
Gross Profit	23.81B	25.16B	28.15B	27.25B	25.77B	22.59B
EBITDA	9.61B	10.95B	13.14B	9.26B	8.24B	7.26B
Net Income	3.05B	4.34B	4.17B	-570.00M	1.10B	-2.53B
Balance Sheet
Total Assets	199.42B	208.22B	235.38B	227.06B	215.88B	209.44B
Cash, Cash Equivalents and Short-Term Investments	7.22B	6.24B	10.01B	8.32B	9.05B	15.70B
Total Debt	69.87B	72.33B	85.06B	100.17B	93.36B	99.08B
Total Liabilities	117.02B	122.93B	144.42B	155.01B	146.26B	146.53B
Stockholders Equity	82.38B	85.26B	90.93B	72.03B	69.61B	62.90B
Cash Flow
Free Cash Flow	0.00	2.23B	11.80B	-7.27B	-4.56B	9.08B
Operating Cash Flow	0.00	4.85B	13.49B	-2.72B	1.70B	13.01B
Investing Cash Flow	0.00	4.80B	3.83B	-3.56B	-2.56B	-2.10B
Financing Cash Flow	0.00	-13.40B	-16.26B	5.21B	-6.09B	-4.51B

Mitsubishi Paper Mills Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 655.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3864, the sentiment is Positive. The current price of 655 is below the 20-day moving average (MA) of 840.05, below the 50-day MA of 758.66, and below the 200-day MA of 678.07, indicating a neutral trend. The MACD of 11.50 indicates Positive momentum. The RSI at 47.93 is Neutral, neither overbought nor oversold. The STOCH value of 8.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3864.

Mitsubishi Paper Mills Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3865	66 Neutral	¥153.43B	9.24	3.97%	2.71%	-0.03%	120.35%
3708	64 Neutral	¥60.90B	8.00	―	2.67%	6.26%	-11.38%
3863	62 Neutral	¥140.60B	4.80	3.57%	1.31%	1.64%	-10.74%
3861	62 Neutral	¥864.46B	9.64	2.55%	3.51%	3.91%	-22.16%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
3864	59 Neutral	¥36.10B	-9.37	-0.13%	2.31%	-10.04%	43.13%
3880	59 Neutral	¥173.51B	8.74	1.66%	1.53%	-2.89%	-15.89%

Mitsubishi Paper Mills Corporate Events