Prices as of 2026/10/30 close
Company comparison · Paper & Paper Distribution
Japan Pulp & Paper is the bigger company, with revenue of ¥554.5B — 1.9x Hokuetsu's ¥287.7B.
Operating margins are level: Japan Pulp & Paper 2.7%, Hokuetsu 2.6%.
Revenue growth in the latest results: Japan Pulp & Paper +3.8%, Hokuetsu −5.9%. For next year, Japan Pulp & Paper guides for the fastest operating profit growth (+9.5%).
Japan Pulp & Paper pays more on average — ¥8.90M against ¥6.33M at Hokuetsu.
Over the past year the shares moved Japan Pulp & Paper +90.9%, Hokuetsu +0.0%.
Head-to-head wins16 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Japan Pulp & Paper aheadJapan Pulp & Paper 3 : Hokuetsu 0
Revenue: Japan Pulp & Paper ¥554.5B / Hokuetsu ¥287.7B
ProfitabilityInvestors
Japan Pulp & Paper aheadJapan Pulp & Paper 3 : Hokuetsu 1
Operating margin: Japan Pulp & Paper 2.7% / Hokuetsu 2.6%
GrowthInvestors
Japan Pulp & Paper aheadJapan Pulp & Paper 3 : Hokuetsu 0
Revenue growth (YoY): Japan Pulp & Paper +3.8% / Hokuetsu −5.9%
Stock & balance sheetInvestors
Japan Pulp & Paper aheadJapan Pulp & Paper 2 : Hokuetsu 1
Share price, 1 year: Japan Pulp & Paper +90.9% / Hokuetsu +0.0%
Pay & workforceJob seekers
Japan Pulp & Paper aheadJapan Pulp & Paper 2 : Hokuetsu 1
Average salary: Japan Pulp & Paper ¥8.90M / Hokuetsu ¥6.33M
| Metric | Japan Pulp & Paper | Hokuetsu | Gap |
|---|---|---|---|
| Revenue | ◎¥554.5B | ¥287.7B | 1.9x |
| Operating profit | ◎¥15.1B | ¥7.5B | 2.0x |
| Net income | ◎¥7.6B | ¥7.3B | 1.0x |
| Metric | Japan Pulp & Paper | Hokuetsu | Gap |
|---|---|---|---|
| Operating margin | ◎2.7% | 2.6% | 0.1pt |
| Net margin | 1.4% | ◎2.5% | 1.2pt |
| ROE | ◎5.8% | 2.8% | 3.0pt |
| Revenue per employee | ◎¥762M | ¥195M | 3.9x |
| Metric | Japan Pulp & Paper | Hokuetsu | Gap |
|---|---|---|---|
| Revenue growth (YoY) | ◎+3.8% | −5.9% | 9.7pt |
| Operating profit growth (YoY) | ◎−13.4% | −61.8% | 48.4pt |
| Revenue CAGRlast 4 years | +4.6% | — | |
| Guidance: revenue growthnext FY plan | — | +6.0% | |
| Guidance: op. profit growthnext FY plan | ◎+9.5% | −60.2% | 69.7pt |
| Metric | Japan Pulp & Paper | Hokuetsu | Gap |
|---|---|---|---|
| Share price, 1 year | ◎+90.9% | +0.0% | 90.9pt |
| Share price, 3 months | ◎+23.6% | −11.1% | 34.7pt |
| P/E (trailing)lower = cheaper | 22.6x | 19.2x | |
| Equity ratio | 37.1% | ◎60.1% | 23.0pt |
| Share price (close) | ¥1,388 | ¥836 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Japan Pulp & Paper | Hokuetsu | Gap |
|---|---|---|---|
| Average salary | ◎¥8.90M | ¥6.33M | ¥2.57M |
| Starting salary (monthly) | ◎¥280,000 | ¥251,420 | ¥28,580 |
| Average tenure | 20.4 yrs | ◎22.4 yrs | 2.0 |
| Average age | 44.4 | 45.6 | 1.2 |
| Employees | 728 | 1,479 | 2.0x |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥1,388+90.9% (1Y)
Japan Pulp & Paper +90.9% over 1Y. Compared: Hokuetsu 0.0%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Japan Pulp & Paper5 segments
Hokuetsu3 segments
AAverage annual salary from the securities filings: Japan Pulp & Paper ¥8.90M, Hokuetsu ¥6.33M. Japan Pulp & Paper pays the most. Averages also depend on staff age and job mix, so check the average age too (Japan Pulp & Paper 44.4, Hokuetsu 45.6).
ARevenue in the latest results: Japan Pulp & Paper ¥554.5B, Hokuetsu ¥287.7B. Japan Pulp & Paper is the bigger company, with revenue of ¥554.5B — 1.9x Hokuetsu's ¥287.7B.
AOperating margins: Japan Pulp & Paper 2.7%, Hokuetsu 2.6%. Japan Pulp & Paper turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Japan Pulp & Paper +90.9%, Hokuetsu +0.0%. Japan Pulp & Paper has risen the most.
Comparing 2 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.
