Komori
F

FULUHASHI EPO CORPORATION

9221Information and Communications, Services and OthersMicro cap
1,113JPY-3.4%
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Price history
¥1,113Latest+35.1%
Drag across the chart to measure the move between two points.Delayed 15 minutes · monthly closing basis
Business overview

The Group is an environmental solutions company whose core businesses are the Bio-materials Business, centered on the recycling of wood waste and the sale of recycled wood chips as fuel or raw material products, and the Resource Circulation Business, centered on recycling construction by-products from housing construction sites and other locations and supplying wood chips, including woody fuels and raw materials. In addition, it operates an Other Business comprising the manufacture, procurement and sale of wood chips, the reuse and recycling of logistics equipment, environmental consulting, facility and traffic security, and staffing services. Under the medium-term plan Fuluhashi Sustainable Plan 80th, the Group is promoting the domestic and overseas expansion of woody-resource recycling. Since 2024, it has proceeded with the construction and operation of new facilities, including the Nagoya CE Center, and the use of overseas locations including Thailand and Vietnam. As of the fiscal year ending March 2026, the organization comprises 8 companies, including 5 consolidated subsidiaries and 2 equity-method affiliates. Finity handles the intermediate processing involved in recycling and promotes the circulation of woody resources. The medium-term targets are net sales of ¥14.0 billion, operating profit of ¥2.5 billion and ROE of more than 15% for the fiscal year ending March 2030.

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Key numbersShowing 8 of 20
PER
81.29How many years of earnings it would take to buy the stock. The market average is generally considered to be around 15.
PBR
2.11How many times the company's net assets? Around 1x is generally considered a benchmark.
ROE
2.6%Earning power. A figure above 10% is generally considered good.
Dividend yield
0.0%The annual dividend as a percentage of the share price.
Market capitalization
¥13bnShare price × number of shares. The value of the entire company.
Equity ratio
43.4%The proportion of assets funded by money that does not have to be repaid.
Operating margin
10.5%The percentage of revenue remaining from the company’s core business.
Revenue growth (3 years)
7.3%The average annual growth in sales over the past three years.
What to watch next
The ramp-up of supply capacity at the Nagoya CE Center, which began operations in September 2025, and its impact on wood chip sales and processing volumes
Fiscal year ending March 2026 onward (quarters following the start of operations)Impact HighLikelihood Medium
Progress under the medium-term plan, Fuluhashi Sustainable Plan 80th, including disclosure of and progress toward KPIs targeting ¥14.0 billion in revenue, ¥2.5 billion in operating profit and ROE above 15% in 2030
Upcoming medium-term and periodic disclosuresImpact MediumLikelihood Medium
Confirmation of increased processing volumes following completion of the Nagoya Narumi CE Park, with construction starting in October 2025 and completion scheduled for the first half of fiscal 2026, or September 2026, as the specific target
First half to second half of fiscal 2026Impact HighLikelihood Low
Verification of whether the effects of the procurement price revision implemented in January 2025 continue to flow through to profit margins
Fiscal year ending March 2026 onward (confirmation of the persistence of the effects)Impact MediumLikelihood Medium
The soundness of renewals and operational compliance relating to permits and legal requirements, including waste treatment, labor, worker dispatch and security regulations
Full fiscal year (linked to renewal timing)Impact HighLikelihood Medium
What to watch next
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Who owns itTop holders total 64.4%
Listed holders 64.4%Everyone else 35.6%
株式会社ヤマグチ39.33%
フルハシEPO Employee Shareholding Association5.24%
The Master Trust Bank of Japan, Ltd.4.06%
高取 陽子3.50%
山口 郁子2.95%
Seita Daisuke (清板 大亮)2.10%
山口 まどか2.07%
野村信託銀行株式会社2.00%
2 other listed holders3.10%
Who owns it
HolderOwnership (%)
株式会社ヤマグチ39.33
フルハシEPO Employee Shareholding Association5.24
The Master Trust Bank of Japan, Ltd.4.06
高取 陽子3.50
山口 郁子2.95
Seita Daisuke (清板 大亮)2.10
山口 まどか2.07
野村信託銀行株式会社2.00
2 other listed holders3.10
This company's documents
Timely disclosures
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