Oji Holdings Corporation
3861・Prime Market・Pulp & Paper
Others
Non-core segment aggregating Trading, Logistics, Engineering, Real Estate and other businesses
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (external customers) | ¥207,137 million | ¥206,760 million | — |
| Total segment sales (including intersegment) | ¥337,051 million | ¥337,689 million | — |
| Segment operating profit/loss | △¥11,676 million | △¥8,782 million | ↓ |
Business Details
A segment aggregating businesses not included in the reportable segments. Includes Kyokuyo (Trading), Oji Logistics (Logistics), Oji Engineering (Engineering), Oji Real Estate (Real Estate), and others. From FY2026 (ending March 2026), the method was changed so that group headquarters costs (Corporate-related Operations) are no longer allocated to each reportable segment but are instead aggregated into this segment. AustroCel Hallein GmbH (Austria, Biorefinery Business) is also included in this segment.
Recent Overview
Operating loss expanded due to aggregation of corporate costs and the AustroCel acquisition
With the change in method from FY2026 (ending March 2026) to aggregate group headquarters costs into this segment, the operating loss expanded from ¥8,782 million in the prior period to ¥11,676 million. Meanwhile, the acquisition of Austrian biorefinery company AustroCel Hallein GmbH (acquisition cost ¥19,579 million, goodwill ¥38,925 million) was completed in January 2026, executing a strategic investment aimed at making the wood-based biomass business a core pillar. In addition, Oji Real Estate sold leased real estate it held in March 2026, advancing asset slimming.
Key Products
Growth Drivers
- Making the wood-based biomass business a core pillar through the completed acquisition of AustroCel Hallein GmbH (dissolving pulp and bioethanol) in January 2026
- Asset slimming and concentration of management resources through sale of real estate and non-core assets
- Recording of gains on sale of fixed assets (contributing to extraordinary income) through the sale of leased real estate held by Oji Real Estate, among others
- Strengthened corporate governance and improved management efficiency through aggregation of group headquarters functions
Risks
- This segment has structurally become one that records operating losses due to the aggregation of group headquarters costs, making control of the loss magnitude a challenge
- The provisional goodwill of ¥38,925 million for AustroCel has not yet completed purchase price allocation, and additional expenses may arise once finalized
- AustroCel's profit and loss has not been reflected in the consolidated statement of income for the current consolidated fiscal year, leaving uncertainty over its performance contribution and risk in future periods
- Risk of declining rental income as the sale of leased real estate in the Real Estate Business progresses
- Upward cost pressure from rising logistics costs and personnel expenses
Last updated: June 25, 2026