3864.T
HoldHot AirAI neutralMitsubishi Paper Mills Limited · Basic Materials · Japan · $328M cap · $943K/day traded
JPY 1,238 -0.2% · close 23 Oct · scored 23 Oct
Hot Air: Rising on momentum alone: weak business, rich price.
As of 23 Oct 2026, MoatMap's StockRank for Mitsubishi Paper Mills Limited (3864.T) is 63/100, ranked against 24,000+ stocks in 35 markets (Quality 40, Value 46, Momentum 72, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Mitsubishi Paper Mills makes paper, pulp and imaging materials in Japan. Insiders bought 1.11% of shares over 90 days, a meaningful signal, but the underlying business faces long-term decline in paper demand and is energy-intensive, so it lacks the return on capital needed for durable compounding.
ABOUT MITSUBISHI PAPER MILLS LIMITED
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Mitsubishi Paper Mills Limited develops and sell products in the fields of functional nonwoven fabrics, electronics, medical, and healthcare in Japan, Europe, Asia, North America, and internationally.
FINANCIAL SUMMARY (JPY)
| Year | 2022 | 2023 | 2024 | 2025 | 2026 | CAGR | TTM |
|---|---|---|---|---|---|---|---|
| Revenue | 181.9B | 209.5B | 193.5B | 175.9B | 157.5B | -3.5% | 155.5B |
| EPS (JPY) | — | -12.97 | 95.28 | 99.13 | 43.37 | -32.5% | 43.03 |
| Shares | — | 43.7M | 43.8M | 43.8M | 43.8M | +0.1% | 43.8M |
| Debt | — | 100.2B | 85.1B | 72.3B | 64.9B | -13.5% | 68.3B |
| Equity | — | 72.0B | 90.9B | 85.3B | 103.2B | 12.7% | — |
| Op CF | — | -2.7B | 13.5B | 4.9B | 5.2B | -37.8% | 5.2B |
| Inv CF | — | -3.6B | 3.8B | 4.8B | 1.6B | — | — |
| Fin CF | — | 5.2B | -16.3B | -13.4B | -8.3B | — | — |
Above its 200-day average and 1% below its 52-week high.
Calmer than 64% of stocks we rank over the past year (34% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 3864.T are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 3864.T | Mitsubishi Paper Mills Limited(you) | $328M | 63 | Hold |
| 3865.T | Hokuetsu Corporation | $917M | 60 | Hold |
| 3708.T | Tokushu Tokai Paper Co., Ltd. | $478M | 83 | Strong Buy |
| 3863.T | Nippon Paper Industries Co., Ltd. | $1.0B | 58 | Hold |
| 3877.T | Chuetsu Pulp & Paper Co., Ltd. | $179M | 89 | Strong Buy |
| 3955.T | IMURA & Co.,Ltd. | $55M | 66 | Buy |
| 3880.T | Daio Paper Corporation | $987M | 81 | Strong Buy |
| 9274.T | Kpp Group Holdings Co., Ltd. | $441M | 97 | Strong Buy |
| 7487.T | Ozu Corporation | $99M | 88 | Strong Buy |
| 8032.T | Japan Pulp and Paper Company Limited | $838M | 94 | Strong Buy |
Peer medians: ROE 7.8% · P/E 12.9x · Gross margin 24.2%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.