Japan Pulp and Paper Co. Ltd. (JP:8032)
:8032
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Japan Pulp and Paper Co. Ltd.
(8032)
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Rating:62Neutral
Price Target:
¥1,163.00
▲(32.01% Upside)
Action:DowngradedDate:01/14/26
The score is driven mainly by solid underlying financial performance and strong cash flow generation, offset by pressured profitability and modest shareholder returns. Technically, the uptrend is strong but indicators are overextended, increasing near-term downside risk. Valuation is the biggest drag due to the high P/E, only partly supported by the dividend yield.
Positive Factors
Strong cash generation
The company converts reported profits into cash efficiently (OCF/Net Income 2.78 and FCF/Net Income 2.28) and FCF grew 3.9%. Durable cash generation supports working-capital cycles, funds capex/dividends, and provides flexibility to withstand cyclical demand in paper distribution.
Negative Factors
Compressed net profitability
Net margin fell to 1.4%, shrinking the buffer against raw material, freight, or pricing pressures. Low absolute margins constrain retained earnings accumulation and reduce tolerance for adverse shocks, making consistent profit expansion harder over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
The company converts reported profits into cash efficiently (OCF/Net Income 2.78 and FCF/Net Income 2.28) and FCF grew 3.9%. Durable cash generation supports working-capital cycles, funds capex/dividends, and provides flexibility to withstand cyclical demand in paper distribution.
Read all positive factors
Japan Pulp and Paper Co. Ltd. (8032) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥127.30B
Dividend Yield3.19%
Average Volume (3M)212.03K
Price to Earnings (P/E)6.4
Beta (1Y)0.81
Revenue Growth4.06%
EPS Growth-73.92%
CountryJP
Employees4,157
SectorBasic Materials
Sector Strength58
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)34.38
Shares Outstanding120,215,510
10 Day Avg. Volume153,100
30 Day Avg. Volume212,026
Financial Highlights & Ratios
PEG Ratio-0.44
Price to Book (P/B)0.55
Price to Sales (P/S)0.13
P/FCF Ratio4.30
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)78.72
Revenue Forecast (FY)¥510.20B
Japan Pulp and Paper Co. Ltd. Business Overview & Revenue Model
Company Description
Japan Pulp and Paper Company Limited engages in the manufacture, import, export, distribution, wholesale, and sale of papers, paperboards, pulp, and paper-related products worldwide. It offers household paper products and goods, processed papers, ...
How the Company Makes Money
null...
Japan Pulp and Paper Co. Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
68
Positive
Cash Flow
75
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 564.10B | 554.52B | 534.23B | 545.28B | 444.76B | 462.92B |
| Gross Profit | 93.74B | 91.47B | 87.41B | 86.32B | 72.45B | 63.48B |
| EBITDA | 23.08B | 26.72B | 30.87B | 50.87B | 30.48B | 19.76B |
| Net Income | 5.82B | 7.57B | 10.36B | 25.39B | 11.50B | 3.65B |
Balance Sheet | ||||||
| Total Assets | 384.49B | 392.23B | 372.64B | 385.13B | 338.94B | 321.99B |
| Cash, Cash Equivalents and Short-Term Investments | 15.72B | 19.58B | 17.81B | 31.14B | 13.01B | 11.64B |
| Total Debt | 92.28B | 112.64B | 103.92B | 119.19B | 117.93B | 121.30B |
| Total Liabilities | 240.31B | 246.67B | 234.30B | 256.83B | 238.62B | 232.11B |
| Stockholders Equity | 132.60B | 134.07B | 127.60B | 118.43B | 92.91B | 83.57B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 17.28B | 17.22B | -7.77B | 9.75B | 23.29B |
| Operating Cash Flow | 0.00 | 21.01B | 20.89B | 304.00M | 14.01B | 28.38B |
| Investing Cash Flow | 0.00 | -11.22B | -2.92B | 23.67B | -4.08B | -4.44B |
| Financing Cash Flow | 0.00 | -9.34B | -31.68B | -10.09B | -9.83B | -19.90B |
Japan Pulp and Paper Co. Ltd. Technical Analysis
Positive
881.00
Price Trends
1045.77
Positive
933.32
Positive
796.82
Positive
Market Momentum
16.53
Negative
61.57
Neutral
81.22
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8032, the sentiment is Positive. The current price of 881 is below the 20-day moving average (MA) of 1049.93, below the 50-day MA of 1045.77, and above the 200-day MA of 796.82, indicating a bullish trend. The MACD of 16.53 indicates Negative momentum. The RSI at 61.57 is Neutral, neither overbought nor oversold. The STOCH value of 81.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8032.
Japan Pulp and Paper Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ¥148.26B | 9.24 | 3.97% | 2.71% | -0.03% | 120.35% | |
62 Neutral | ¥127.30B | 6.41 | ― | 3.19% | 4.06% | -73.92% | |
62 Neutral | ¥150.08B | 4.80 | 3.57% | 1.31% | 1.64% | -10.74% | |
62 Neutral | ¥846.93B | 9.64 | 2.55% | 3.51% | 3.91% | -22.16% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | ¥39.79B | -9.37 | -0.13% | 2.31% | -10.04% | 43.13% | |
59 Neutral | ¥172.18B | 8.74 | 1.66% | 1.53% | -2.89% | -15.89% |
* Basic Materials Sector Average
JP:8032
Japan Pulp and Paper Co. Ltd.
1,108.00
560.55
102.39%
JP:3864
Mitsubishi Paper Mills
895.00
284.38
46.57%
JP:3863
Nippon Paper
1,299.00
320.64
32.77%
JP:3861
Oji Holdings
855.00
283.88
49.71%
JP:3865
Hokuetsu Corporation
937.00
-143.04
-13.24%
JP:3880
Daio Paper Corporation
1,037.00
255.28
32.66%
Japan Pulp and Paper Co. Ltd. Corporate Events
Japan Pulp & Paper Advances Share Buyback Under Board-Approved Program
Apr 1, 2026
Japan Pulp Paper Co., Ltd. has been actively repurchasing its own common shares under a board-approved program authorized in February 2026, using market purchases on the Tokyo Stock Exchange via a discretionary trading contract. The initiative fo...
Japan Pulp & Paper Grows Revenue but Warns of Sharper Profit Decline
Mar 6, 2026
Japan Pulp Paper reported consolidated revenue of ¥442.9 billion for the nine months to Dec. 31, 2025, up 9.2% year on year, but saw profitability deteriorate as operating profit fell 33.6% to ¥7.6 billion and profit attributable to own...
Japan Pulp & Paper Reports Initial Progress on ¥5.5 Billion Share Buyback
Mar 2, 2026
Japan Pulp Paper has disclosed the initial progress of a board-approved share buyback program, acquiring 1,046,400 common shares on the Tokyo Stock Exchange between February 10 and February 28, 2026, at a total cost of about JPY 1.16 billion via ...
Japan Pulp & Paper Launches ¥5.5 Billion Share Buyback to Boost Capital Efficiency
Feb 9, 2026
Japan Pulp Paper has approved a new share buyback program under its Articles of Incorporation, authorizing the repurchase of up to 5,000,000 common shares, or about 4.3% of its outstanding stock, for a maximum of ¥5.5 billion. The buyback wi...
Japan Pulp & Paper Ties Executive Pay to Shares and Human Capital Targets
Feb 9, 2026
Japan Pulp Paper has approved a new monetary compensation plan that encourages directors, audit and supervisory board members, and executive officers to acquire company shares, aligning their interests more closely with shareholders. The scheme a...
Japan Pulp & Paper Reshapes Board and Executive Lineup Ahead of Leadership Transition
Feb 9, 2026
Japan Pulp Paper Co., Ltd. announced a series of leadership changes, including the reassignment and planned retirement of Director of the Board Tetsuo Izawa, who will step down at the close of the June 2026 shareholders’ meeting. The moves ...
Japan Pulp & Paper Posts Higher Sales but Profit Slump and Signals Tougher Year Ahead
Feb 9, 2026
Japan Pulp Paper reported consolidated revenue of ¥442.9 billion for the nine months ended December 31, 2025, up 9.2% year on year, but operating profit fell 33.6% to ¥7.6 billion and profit attributable to owners declined 27.2% to ...
Japan Pulp & Paper Bolsters New Zealand Unit BJ Ball With NZD 29 Million Capital Injection
Jan 28, 2026
Japan Pulp Paper Co., Ltd. will inject NZD 29 million (approximately JPY 2.7 billion) in equity into its New Zealand subsidiary BJ Ball Limited, an Auckland-based importer and wholesaler of paper and packaging materials fully owned via its Austra...
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.