Hokuetsu Industries reports higher FY2026 net profit

7 articles · Updated · MarketWatch · May 11

For the year ended 31 March, net profit rose to Y5.60 billion from Y4.77 billion, while revenue increased to Y55.60 billion from Y54.35 billion.
Operating profit climbed to Y7.18 billion from Y6.46 billion and pretax profit to Y8.01 billion from Y6.83 billion.
Earnings per share improved to Y204.99 from Y172.16, with the Japanese company saying the results were prepared under Japanese accounting standards.

Amid record profits, why is Hokuetsu valued below its assets, and can its current strategy fend off activists?

As Japan's paper industry stagnates, can a pivot to advanced materials truly secure Hokuetsu's long-term future?