Hokuetsu Corporation
3865・Prime Market・Pulp & Paper
Hokuetsu Corporation3865
Hokuetsu Corporation3865
Reference Indicators
Market Cap
1,557¥100M
P/E (Forecast)
—
P/B
0.6x
Dividend Yield (Forecast)
2.72%
ROE
2.8%
EV/EBITDA
10.3x
Financial Summary
Unit: ¥M
| Item | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 |
|---|---|---|---|---|---|
Net Sales | 261,616 | 301,204 | 297,056 | 305,718 | 287,736 |
Cost of Sales | 200,490 | 237,186 | 236,908 | 236,920 | 231,277 |
Gross Profit | 61,125 | 64,018 | 60,148 | 68,798 | 56,458 |
SG&A Expenses | 40,670 | 46,729 | 44,880 | 49,070 | 48,919 |
Operating Income | 20,455 | 17,288 | 15,267 | 19,727 | 7,539 |
Non-operating Income | 10,250 | 4,793 | 4,062 | 3,232 | 6,345 |
Non-operating Expenses | 1,191 | 10,610 | 1,564 | 4,201 | 2,613 |
Ordinary Income | 29,514 | 11,471 | 17,766 | 18,759 | 11,271 |
Extraordinary Income | 7,117 | 3,192 | 1,054 | 4,327 | 4,453 |
Extraordinary Losses | 9,273 | 905 | 12,950 | 1,548 | 4,200 |
Pre-tax Income | 27,358 | 13,757 | 5,869 | 21,538 | 11,525 |
Income Taxes | 6,085 | 5,354 | -2,641 | 5,862 | 4,071 |
Net Income | 21,206 | 8,325 | 8,396 | 15,529 | 7,299 |
EBITDA | 33,801 | 29,283 | 28,286 | 33,036 | 21,545 |
Gross Margin | 23.4% | 21.3% | 20.2% | 22.5% | 19.6% |
Operating Margin | 7.8% | 5.7% | 5.1% | 6.5% | 2.6% |
ROA | 5.6% | 2.1% | 2.0% | 3.7% | 1.7% |
ROE | 10.3% | 3.8% | 3.5% | 6.0% | 2.8% |
Segment Performance
Unit: ¥M
2026
| Segment | Net Sales | Operating Income | Operating Margin |
|---|---|---|---|
| 紙パルプ事業 | 261,384 | 5,963 | 2.3% |
| パッケージング・紙加工事業 | 17,437 | 558 | 3.2% |
| その他 | 8,914 | 647 | 7.3% |