TYO/3861 (TYO/3861)

Tokyo Stock Exchange: TYO/3861 · JPY

¥810

-19.14 (-2.3%)· Recorded snapshot

Market cap	687.5B
Revenue (ttm)	1.9T
Net income (ttm)	63.9B
EPS (ttm)	¥71.6
Shares out	849.3M
P/E (trailing)	11.3x
P/E (forward)	17.9x
Dividend	¥36.0 (4.45%)
Volume	5,377,000
Beta	0.09

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 1.9T
Net income (ttm): 63.9B
EPS (ttm): ¥71.6
P/E (trailing): 11.3x
P/E (forward): 17.9x
Market cap: 687.5B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E17.9

P25 n/aP50 n/aP75 n/a

Trailing P/E11.3

P25 n/aP50 n/aP75 n/a

ROE6

P25 n/aP50 n/aP75 n/a

ROIC1.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TYO/3861 indicators

Market & fundamental data

Available fields

253

Groups with data

Currency

JPY

Showing 253 of 253 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	JPY
Country	Japan
Country code	JP
Earnings date	2026-11-06
Employees	38,757
Employees change	-379
Employees growth	-0.97%
Enterprise value	JPY 1.7T
Exchange	Tokyo Stock Exchange
Financial currency	JPY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	March
Founded	1873
Industry	Paper, Lumber & Forest Products
Is primary listing	Yes
ISIN number	JP3174410005
Last earnings date	2026-08-05
Last refreshed	2026-10-28
Market cap	JPY 687.5B
Next earnings date	2026-11-06
Price	JPY 809.50
Price currency	JPY
Sector	Materials
SIC code	2621
Stock price date	2026-10-28
Symbol	tyo/3861
Website	https://www.ojiholdings.co.jp

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	15.3x
Average P/E ratio (3Y)	15.5x
Average P/E ratio (5Y)	12.36x
Earnings yield	8.84%
EV/Earnings	26.35x
EV/EBIT	40.89x
EV/EBITDA	10.9x
EV/FCF	80.43x
EV/Sales	0.9x
FCF / EV yield	1.24%
FCF yield	3.04%
Forward P/E	17.86x
Graham number	1433.7678
Graham upside	77.12%
Industry P/E	13.3x
Lynch fair value	JPY 357.77
Lynch upside	-55.8%
P/B ratio	0.61x
P/E ratio	11.31x
P/FCF ratio	32.85x
P/OCF ratio	6.06x
P/S ratio	0.37x
PEG ratio	4.93x
Price / tangible book value	0.73x
Price/EBITDA ratio	4.64x
Sector P/E	15.78x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	1.86%
EBITDA margin	7.9%
Effective tax rate	36.08%
FCF margin	1.12%
Gross margin	17.41%
Operating margin	1.86%
Pretax margin	5.49%
Profit margin	3.41%
Profit per employee	JPY 1.6M
Profitable quarters	4
Profitable years	17
Revenue per employee	JPY 48.3M
ROA	0.82%
ROA (5Y)	2.11%
ROCE	1.81%
ROE	6.01%
ROE (5Y)	6.27%
ROIC	1.08%
ROIC (5Y)	3.13%
Tax / revenue	1.98%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	195.13%
EPS growth (QoQ)	-86.71%
EPS growth 10Y	34.58%
EPS growth 3Y	11.79%
EPS growth 5Y	0.81%
EPS growth quarters	2
EPS growth years	1
FCF growth 5Y	-8.39%
Gross profit growth	-4.36%
Gross profit growth (Q)	3.55%
Gross profit growth 3Y	-2.18%
Gross profit growth 5Y	-0.82%
Net income growth	174.31%
Net income growth (QoQ)	-87.14%
Net income growth 3Y	7.95%
Net income growth 5Y	-1.26%
Net income growth quarters	2
Net income growth years	1
OCF growth	20.08%
OCF growth 10Y	-1.21%
OCF growth 3Y	83.79%
OCF growth 5Y	-2.26%
Operating income growth	-38.87%
Operating income growth (Q)	4.75%
Operating income growth 3Y	-27.45%
Operating income growth 5Y	-19.35%
Revenue growth	0.22%
Revenue growth (Q)	2.42%
Revenue growth (QoQ)	-0.05%
Revenue growth 10Y	2.77%
Revenue growth 3Y	2.72%
Revenue growth 5Y	6.3%
Revenue growth quarters	3
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	JPY -92.4B
Depreciation and amortization	JPY 113.3B
EBIT	JPY 34.8B
EBITDA	JPY 148B
EPS	JPY 71.55
FCF per share	JPY 24.65
Financing cash flow	JPY -93.6B
Free cash flow	JPY 20.9B
Gross profit	JPY 326.1B
Income taxes	JPY 37.1B
Investing cash flow	JPY -12.5B
Net borrowing	JPY -10.4B
Net cash flow	JPY 8.7B
Net income	JPY 63.9B
Operating income	JPY 34.8B
Revenue	JPY 1.9T

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.33
Book value per share	JPY 1,276.85
Debt / EBITDA	6.97
Debt / equity	0.92
Debt / FCF	49.3
Goodwill	JPY 94.5B
Interest coverage	2.7
Long-term assets	JPY 1.9T
Long-term liabilities	JPY 804.6B
Net cash (debt)	JPY -960.6B
Net cash / market cap	-139.73%
Net debt / EBITDA	6.49
Net debt / equity	0.86
Net debt / FCF	45.89
Piotroski F-Score	4
Property, plant and equipment	JPY 1.4T
Shareholders' equity	JPY 1.1T
Tangible book value	JPY 938.8B
Tangible book value per share	JPY 1,105.45
Total assets	JPY 2.7T
Total cash	JPY 71.4B
Total debt	JPY 1T
Total liabilities	JPY 1.6T
WACC	2.37%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.7
Current assets	JPY 818.4B
Current liabilities	JPY 802.8B
Current ratio	1.02
Inventory turnover	4.96
Net working capital	JPY 365.8B
Quick ratio	0.56
Working capital	JPY 15.6B
Working capital turnover	52.95

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	2.98%
Dividend growth	20%
Dividend growth (10Y)	13.67%
Dividend growth (3Y)	31.04%
Dividend growth (5Y)	20.79%
Dividend growth years	4
Dividend payment date	2026-12-01
Dividend payment years	35
Dividend payout frequency	Semi-Annual
Dividend per share	JPY 36.00
Dividend yield	4.45%
Ex-dividend date	2026-09-29
FCF payout ratio	146.07%
Last dividend	JPY 18.00
Payout ratio	50.31%
Shareholder yield	7.42%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	84.82%
10Y return CAGR	9.26%
10Y total return	142.32%
150-day SMA	JPY 838.22
15Y price change	101.37%
15Y return CAGR	7.56%
15Y total return	198.31%
1D price change	-2.31%
1M price change	-7.57%
1M total return	-5.6%
1W price change	-2.69%
1W total return	-2.69%
1Y price change	-1.33%
1Y return CAGR	2.91%
1Y total return	2.9%
20-day SMA	JPY 833.66
200-day SMA	JPY 861.46
20Y price change	28.09%
20Y return CAGR	3.86%
20Y total return	113.31%
3M price change	-8.26%
3M total return	-6.3%
3Y price change	26.94%
3Y return CAGR	12.52%
3Y total return	42.48%
50-day SMA	JPY 855.90
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 990.70
52-week high date	2026-02-26
52-week low	JPY 753.20
52-week low date	2025-11-07
5Y price change	42.77%
5Y return CAGR	11.08%
5Y total return	69.13%
6M price change	-0.7%
6M total return	1.42%
All-time high	JPY 1,090.00
All-time high date	1994-06-10
All-time low	JPY 212.00
All-time low date	2012-10-15
Average true range (ATR)	JPY 12.62
Average volume	3.9M
Beta (1Y)	0.55
Beta (2Y)	0.52
Beta (5Y)	0.09
Change from 52-week high	-18.29%
Change from 52-week low	7.48%
Change from all-time high	-25.73%
Change from all-time low	281.84%
Change from open	-2.19%
Day's gap	-0.12%
Dollar volume	JPY 4.4B
High price	JPY 828.70
Low price	JPY 809.50
Monthly RSI	54.18
Open price	JPY 827.60
Position in 52-week range	0%
Previous close	JPY 828.60
Price vs 150-day SMA	-3.43%
Price vs 20-day SMA	-2.9%
Price vs 200-day SMA	-6.03%
Price vs 50-day SMA	-5.42%
Relative volume	1.38
RSI	34.52
Sharpe ratio	0.35
Sharpe ratio (3Y)	0.43
Sharpe ratio (5Y)	0.41
Sortino ratio	0.75
Sortino ratio (3Y)	0.85
Sortino ratio (5Y)	0.84
Volume	5.4M
Weekly RSI	40.84
YTD price change	-5.89%
YTD total return	-1.86%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	762.7M
Shares change (QoQ)	-3.26%
Shares change (YoY)	-2.98%
Shares held by insiders	1.71%
Shares held by institutions	43.35%
Shares outstanding	849.3M

Deeper analysis on TYO/3861

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this TYO/3861 report

Is a complete TYO/3861 research report available?

No complete published report is available for tyo/3861 (TYO/3861) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TYO/3861 (TYO/3861)

Price

Financial snapshot

Fair-value bridge

Latest news · TYO/3861

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TYO/3861 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TYO/3861

Frequently asked questions