Komori
Oji Holdings (3861) · TargetWorsened

Stabilizing Operating Profitability in 江蘇王子製紙's Paper and Pulp Business

First written in FY2018-Q1. 2 of 11 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-08-05.

11entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseCited as achievedFY2018-Q3 – FY2024-Q22017: 220172018: 220182019: 120192020: 020202021: 020212022: 020222023: 220232024: 120242025: 120252026: 22026
Same theme, other companies
Achieving Operating Profitability at Major SubsidiariesA theme 12 companies write about · 1 as a headwind · 11 as a tailwind

Oji Holdings moved to the "Worse" side of this theme in 2026.

The whole theme swung hardest in 2025: 3 of 6 companies on the "Worse" side.

1 other company's latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-05WorsenedEarnings

    「In overseas businesses, at Jiangsu Oji Paper, net sales and operating income declined year on year due to lower prices resulting from deteriorating market conditions.」

    At Jiangsu Oji Paper, lower prices resulting from deteriorating market conditions have appeared as declines in net sales and operating income.
  2. FY2026WorsenedAnnual report

    「In China's base paper business for household paper, operating losses have continued to worsen due to intensifying competition in the Chinese market and other factors. As a result, the Company continued to closely monitor progress against its business plan during the consolidated fiscal year, and impairment indicators were identified for ¥8,984 million in fixed assets related to the business.」

    At 江蘇王子製紙, intensifying competition and worsening operating results in the Chinese base paper business for household paper continued, and an impairment loss of ¥4,615 million was recorded.
  3. FY2026-H1Improved production efficiency alongside translation-related revenue declines due to yen appreciationAnnual report

    「In the overseas business, 江蘇王子製紙 increased production volumes as production efficiency improved, but revenue declined year on year due to the foreign-currency translation impact of yen appreciation. Operating profit increased, owing to cost-reduction efforts and lower prices for coal and other fuel and raw materials.」

    At 江蘇王子製紙, production efficiency and production volumes improved, but revenue declined due to the translation impact of yen appreciation, while operating profit increased through cost reductions and other measures.
  4. FY2025-H1AdvancedAnnual report

    「In the overseas business, 江蘇王子製紙 reported higher revenue year on year, driven by increased production volumes resulting from improved production efficiency.」

    States that at 江蘇王子製紙, increased production volumes resulting from improved production efficiency led to higher revenue year on year.
  5. FY2024-Q2Flat revenue due to a slowdown in China's economic recoveryAnnual report

    「In the overseas business, the recovery of China's economy following the end of the zero-COVID policy was sluggish at 江蘇王子製紙有限公司, leaving revenue broadly unchanged from the previous year.」

    At 江蘇王子製紙, China's economic recovery following the end of the zero-COVID policy was sluggish, and revenue remained broadly unchanged from the previous year.
  6. FY2024-Q1Higher revenue driven by China's economic recovery and improved market conditionsAnnual report

    「In the overseas business, 江蘇王子製紙有限公司 saw its sales volume decline, but market conditions improved as economic activity recovered following the end of China's zero-COVID policy, resulting in higher revenue year on year.」

    Although 江蘇王子製紙's sales volume declined, revenue increased as economic activity recovered and market conditions improved following the end of China's zero-COVID policy.
  7. FY2019-Q3Cited as achievedAnnual report

    「In addition, 江蘇王子製紙有限公司 achieved substantial year-on-year increases in operating profit in both its paper and pulp businesses for FY2017, as it pursued cost reductions by fully leveraging the strengths of one of China's few integrated paper and pulp production systems. Going forward, it will work to further strengthen its competitiveness through continued cost reductions and various measures that leverage the extensive infrastructure at its Nantong mill.」

    Cites the substantial full-year increase in operating profit in 江蘇王子製紙's paper and pulp businesses in FY2017, and indicates continued cost reductions and efforts to strengthen competitiveness.
  8. FY2019-Q1Cited as achievedAnnual report

    「At 江蘇王子製紙有限公司, cost reductions leveraging the strength of one of China's relatively few integrated paper and pulp production systems resulted in substantial increases in operating profit in both the paper and pulp businesses for the full fiscal year 2017. The company will seek to further strengthen competitiveness through continued cost reductions and various measures leveraging the extensive infrastructure at the company's Nantong Mill.」

    For 江蘇王子製紙's paper and pulp businesses, the company cites the substantial increase in operating profit for the full fiscal year 2017 and indicates continued cost reductions and efforts to strengthen competitiveness.
  9. FY2018-Q3RestatedAnnual report

    「The company expects substantial increases in operating profit in both the paper and pulp businesses for the full fiscal year 2017, driven by higher sales and further cost reductions following the start-up of the dry pulp machine in October 2017.」

    The company reiterated its policy of expecting substantial increases in operating profit in both the paper and pulp businesses through higher sales and cost reductions following the start-up of the dry pulp machine.
  10. FY2018-Q2AdvancedAnnual report

    「At 江蘇王子製紙有限公司, the added dry pulp machine began commercial operations in October 2017. The company aims to further strengthen competitiveness through the pulp business, strengthened by the machine that began commercial operations in October 2017, and to stabilize operating profitability in both the paper and pulp businesses.」

    Following the equipment-related progress represented by the start of commercial operations of the dry pulp machine, the company continues to target stable operating profitability in both the paper and pulp businesses.
  11. FY2018-Q1First statedAnnual report

    「At 江蘇王子製紙有限公司, cost reductions leveraging the strength of one of China's relatively few integrated paper and pulp production systems enabled the paper business to achieve operating profitability for the full fiscal year 2016. In the second half of fiscal 2016, the company as a whole, including both its paper and pulp businesses, also achieved operating profitability. The company aims to further strengthen competitiveness through the pulp business, including the addition of a dry pulp machine scheduled to begin operations at the end of 2017, and to stabilize operating profitability in both the paper and pulp businesses.」

    For 江蘇王子製紙, the company cites the achievement of operating profitability in the paper business and across the company as historical results, and has set the stabilization of operating profitability in both the paper and pulp businesses as a target through the addition of a dry pulp machine.
Moved together

"Promoting Innovation and Creating New Businesses and Products" moved the same way as this thread, in the same document, in 2 of its 11 moves.

222222★123456
  1. ★This thread
  2. 1Promoting Innovation and Creating New Businesses and Products2×
  3. 2Expansion of the packaging business in Southeast Asia, India and Oceania2×
  4. 3Decline in domestic demand and falling market prices2×
  5. 4Fluctuations in International Market Prices2×
  6. 5Expanding the Overseas Business2×
  7. 6Enhancing Consumer Goods Brand Value and Strengthening Market Position2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Oji Holdings's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Earnings of 2026-08-05: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Stabilizing Operating Profitability in 江蘇王子製紙's Paper and Pulp Business | Oji Holdings Corporation (3861) | Komori