3892.T
Strong BuyFull HouseAI neutralOkayama Paper Industries Co., Ltd. · Basic Materials · Japan · $54M cap · $33K/day traded
JPY 1,654 +0.0% · close 23 Oct · scored 23 Oct
Full House: Strong business, sensible price, market agrees. The rare full house.
As of 23 Oct 2026, MoatMap's StockRank for Okayama Paper Industries Co., Ltd. (3892.T) is 87/100, ranked against 24,000+ stocks in 35 markets (Quality 57, Value 74, Momentum 55, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Okayama Paper Industries is a small Japanese maker of containerboard and paper products. The valuation is low, but this is a commodity business whose margins depend on pulp, recovered-paper and energy costs rather than pricing power, and the only recent disclosure is a routine governance report.
ABOUT OKAYAMA PAPER INDUSTRIES CO., LTD.
Read
Okayama Paper Industries Co., Ltd. manufactures and sells paperboard, corrugated medium, and specialty paper products in Japan. The company's products are primarily used in industrial packaging, agricultural shipping, and consumer goods distribution. Okayama Paper maintains a stable regional market position by leveraging efficient recycling processes and long-standing relationships with local manufacturing clients.
FINANCIAL SUMMARY (JPY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 10.1B | 10.9B | 11.5B | 11.5B | 4.5% | 11.2B |
| EPS (JPY) | 118.51 | 101.38 | 250.19 | 172.31 | 13.3% | 177.34 |
| Shares | 5.0M | 4.6M | 4.6M | 4.6M | -7.1% | 4.6M |
| Debt | 36.5M | 72.8M | 48.5M | 38.7M | 1.9% | — |
| Equity | 10.5B | 10.5B | 12.2B | 12.9B | 7.4% | — |
| Op CF | 878.5M | 552.0M | 1.9B | -1.6B | 48.0% | 1.6B |
| Inv CF | -119.7M | -197.1M | -185.5M | -395.1M | — | — |
| Fin CF | -96.7M | -420.2M | -107.4M | -164.9M | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 77% of stocks we rank over the past year (28% 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 3892.T are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 3892.T | Okayama Paper Industries Co., Ltd.(you) | $54M | 87 | Strong Buy |
| 3878.T | Tomoegawa Corporation | $53M | 89 | Strong Buy |
| 7487.T | Ozu Corporation | $99M | 88 | Strong Buy |
| 3513.T | Ichikawa Co., Ltd. | $101M | 93 | Strong Buy |
| 3955.T | IMURA & Co.,Ltd. | $55M | 66 | Buy |
| 3877.T | Chuetsu Pulp & Paper Co., Ltd. | $179M | 89 | Strong Buy |
| 3708.T | Tokushu Tokai Paper Co., Ltd. | $478M | 83 | Strong Buy |
| 9274.T | Kpp Group Holdings Co., Ltd. | $441M | 97 | Strong Buy |
| 3864.T | Mitsubishi Paper Mills Limited | $328M | 63 | Hold |
| 8032.T | Japan Pulp and Paper Company Limited | $838M | 94 | Strong Buy |
Peer medians: ROE 7.8% · P/E 12.9x · Gross margin 24.1%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.