Wholesale Trade · Fiscal year end Mar 31

Japan Pulp & Paper Co., Ltd.

8032

日本紙パルプ商事株式会社

FIGI BBG000BMQ6L38032.T8032 JPCorp. no. 1010001034978

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-14

For the first half of the fiscal year to 2026-03: Ordinary income ¥3.7 billion (-54.6% YoY), Net income ¥0.9 billion (-83.9% YoY).

	This period	Year on year
Ordinary profit	¥3.7bn	-54.6%
Net profit to owners	¥920m	-83.9%

From the securities report on EDINET, which states no forecast. History via /v1/companies/8032/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥606.8bn
Net income: ¥4.7bn
ROE: 3.6%
Equity ratio: 32.6%
Dividend / share: ¥34
Employees: 4,705

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥606.8bn	¥4.7bn	¥394.7bn	¥140.9bn	3.6%	¥39.5	¥24.6bn
2025-03-31	¥554.5bn	¥7.6bn	¥392.2bn	¥145.6bn	5.8%	¥61.44	¥21.0bn
2024-03-31	—	¥10.4bn	¥372.6bn	¥138.3bn	8.4%	¥78.86	¥20.9bn
2023-03-31	—	¥25.4bn	¥385.1bn	¥128.3bn	24.0%	¥1,851.04	¥0.3bn
2022-03-31	—	¥11.5bn	¥338.9bn	¥100.3bn	13.0%	¥839.5	¥14.0bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	3.6	17.3
Ordinary margin	0.0179	15.9
Equity ratio, %	32.6	16.8
Revenue growth	0.0942	67.7
Net income growth	-0.3764	16.2
Operating cash flow / assets	0.0622	48.7

Policy-uncertainty measure0.73 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Trade & tariffs 1 Fiscal & tax 1 Monetary 1 Politics & geopolitics 2

Ownership activity 1 filer(s) stated they may make proposals in 365 days; 0 new 5% holder(s) in 180 days; net stake change 0.00pt in 90 days; 15.6% held by other listed companies.

Results wording balance: +0.46. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥102.1bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥510m, 2.1% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/8032/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Share buyback, report to —: ¥1.4bn acquired of a ¥6.0bn limit. /v1/companies/8032/buybacks

Internal control, 2026-06-22: see filing 上記の評価手続を実施した結果、2026年3月31日時点の当社の財務報告に係る内部統制は有効であると判断しました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Wholesaling Japan, Overseas Wholesaling, Paper Manufacture and Processing, Raw Materials and Environment, Real Estate Leasing. /v1/companies/8032/segments

Ownership changes

All companies →

2026-02-06

Stated it may make proposals

― states it may make proposals to the management of Japan Pulp & Paper Co., Ltd. (8032) (first filing).

S100XJCRFiler profile Original filing (PDF, Japanese)
2026-02-06

New 5% stake

― disclosed a 5.05% stake in Japan Pulp & Paper Co., Ltd. (8032), crossing the 5% reporting threshold.

S100XJCRFiler profile Original filing (PDF, Japanese)
2025-11-10

Decrease−5.34pt

Oji Holdings Corporation reduced holdings in Japan Pulp & Paper Co., Ltd. (8032) to 5.57% from 10.91%.

S100WY7SFiler profile Original filing (PDF, Japanese)
2025-11-10

Threshold

Holdings of Oji Holdings Corporation in Japan Pulp & Paper Co., Ltd. (8032) moved below 10% (10.91% -> 5.57%).

S100WY7SFiler profile Original filing (PDF, Japanese)
2023-12-01

Below 5%−9.38pt

Nippon Paper Industries Co., Ltd. cut holdings in Japan Pulp & Paper Co., Ltd. (8032) to 0.05% from 9.43%, below the 5% threshold.

S100SD6HFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
株式会社南青山不動産	2026-01-26 – 2026-01-30	+365,600	+0.30pt	—	—
株式会社ATRA	2025-12-12 – 2026-01-23	+1,311,000	+1.08pt	—	—
individual filer	2025-12-09 – 2025-12-11	+46,100	+0.03pt	—	—
王子ホールディングス株式会社	2025-11-07 – 2025-11-07	-8,025,800	−5.34pt	¥758	¥758–758
日本製紙株式会社	2023-11-29 – 2023-11-29	-1,402,000	−9.33pt	—	—

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/8032/trades.

5% filings

Large shareholding reports on 8032

Filed	Filer	Stake	Change	Stated purpose
2026-02-06	―	5.05%	—	may make proposals
2025-11-10	Oji Holdings Corporation	5.57%	−5.34pt	strategic holding
2023-12-01	Nippon Paper Industries Co., Ltd.	0.05%	−9.38pt	strategic holding

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 48 issues
Book value: ¥19.8bn
Sold in the year: ¥8.2bn 8 issues
Bought in the year: ¥21m 7 issues
Mutual, both reports: 28
Held by listed cos.: 29

Holds	Book value	Shares vs. prior year	Mutual
Oji Holdings Corporation 3861	¥4,858m	-50.8%	both reports
TOPPAN Holdings Inc. 7911	¥2,759m	+0.4%	both reports
Rengo Co., Ltd. 3941	¥1,831m	0.0%	both reports
NIPPON KODOSHI CORPORATION 3891	¥1,783m	0.0%	both reports
Hokuetsu Corporation 3865	¥1,665m	0.0%	both reports
Chuetsu Pulp & Paper Co.,Ltd. 3877	¥1,307m	0.0%	both reports
KOKUYO CO.,LTD. 7984	¥1,135m	+300.0%	both reports
KING JIM CO.,LTD. 7962	¥512m	0.0%	both reports
Nissha Co., Ltd. 7915	¥423m	0.0%	both reports
EZAKI GLICO CO.,LTD. 2206	¥355m	+0.5%	no

Held by: Oji Holdings Corporation 3861, Hokuetsu Corporation 3865, Chuetsu Pulp & Paper Co.,Ltd. 3877, KOKUYO CO.,LTD. 7984, KING JIM CO.,LTD. 7962, TOYO WHARF & WAREHOUSE CO.,LTD. 9351, Rengo Co., Ltd. 3941, DYNIC CORPORATION 3551, TOPPAN Holdings Inc. 7911, KYODO PAPER HOLDINGS 9849, THE ZENITAKA CORPORATION 1811, NAKABAYASHI CO.,LTD. 7987 and 17 more

Purposes, all holdings and mutual flags via /v1/companies/8032/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
日本マスタートラスト信託銀行㈱(信託口)	12,447,000	10.80%
王子ホールディングス㈱	8,363,000	7.20%
㈱日本カストディ銀行(信託口)	4,823,000	4.20%
日本紙パルプ商事持株会	4,578,000	3.90%
ＪＰ従業員持株会	3,721,000	3.20%
individual holder	3,294,000	2.80%
北越コーポレーション㈱	3,101,000	2.70%
中越パルプ工業㈱	2,584,000	2.20%
柿本商事㈱	1,530,000	1.30%
DFA INTL SMALL CAP VALUE PORTFOLIO	1,523,000	1.30%

U.S. funds holding 8032

SEC Form N-PORT, reports to 2026-07-31

55 U.S. funds held 9,694,379 shares worth $67.5m.

Fund	Shares	Value	% of fund	As of
DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC	2,185,500	$15.2m	0.107%	2026-07-31
Avantis International Small Cap Value ETF American Century ETF Trust	1,162,000	$8.5m	0.043%	2026-05-31
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS	1,162,220	$8.1m	0.001%	2026-07-31
VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS	752,330	$5.0m	0.002%	2026-06-30
INTERNATIONAL CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC	581,100	$4.0m	0.010%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/8032
GET /v1/companies/8032/financials
GET /v1/companies/8032/details
GET /v1/companies/8032/segments
GET /v1/companies/8032/voting
GET /v1/companies/8032/tender-offers
GET /v1/companies/8032/indicators
GET /v1/companies/8032/earnings-releases
GET /v1/events?ticker=8032
GET /v1/companies/8032/trades         
GET /v1/companies/8032/cross-holdings 
GET /v1/companies/8032/brief

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