HOKKAN HOLDINGS LIMITED

5902 ホッカンホールディングス株式会社

Packaging & Containers · Prime · TSE: Disclosed

PRICE: ¥2,356 · MKT CAP: ¥29.9B · P/E: 8.8x · P/B: 0.48x · DIV YIELD: 3.9%

PRICE — 5Y

Characteristics & Business Summary

Hokkan Holdings Limited, through its subsidiaries, engages in the container, filling, and machinery production, and other businesses in Japan and internationally. The company manufactures and sells various types of unfilled cans, containers, tinplate...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	109,367	86,329	93,660	90,933	92,419	90,557	50,000
Operating Profit	759	1,324	-456	4,390	4,503	3,758	4,600
Ordinary Profit	2,112	1,488	332	5,061	5,196	4,119	—
Net Profit	-368	-1,234	-2,007	2,719	3,262	3,278	3,400
EPS	¥-30	¥-98	¥-159	¥215	¥257	¥258	—
DPS	¥32	¥45	¥45	¥78	¥93	¥30	—

Balance Sheet & Valuation Highlights

Total Assets ¥139B

Net Assets (Equity) ¥63B

Equity Ratio 43.5%

ROE (Return on Equity) 6.4%

Cash & Equivalents ¥10B

Interest-Bearing Debt ¥46B

Capital Expenditure (CapEx) ¥12B

Depreciation & Amort. ¥6B

Major Shareholders

1. Japan Master Trust Bank 10.4%
2. Japan Custody Bank 5.2%
3. Nippon Life Insurance 5.2%
4. Mizuho Bank 3.9%
5. Norinchukin Bank 3.1%
6. Business Partner Stock Ownership Plan 3.0%
7. Tokio Marine & Nichido Fire Insurance Co., Ltd. 2.1%
8. Mitsubishi UFJ Trust and Banking 1.9%
9. 福岡パッキング株式会社 1.7%
10. MUFG Bank 1.6%

Activist Activity

Mizuho Bank, Ltd. 4.61%

2025-11-10 · change

Mitsubishi UFJ Financial Group Inc. 5.26%

2024-07-29 · change

Mizuho Bank, Ltd. 5.53%

2024-05-09 · change

Mitsubishi UFJ Financial Group Inc. 5.0%

2023-12-04 · initial_5pct

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥8,823	¥6,840	¥7,421	¥7,205	¥7,276	¥7,129	—
FCF/Share	¥-68	¥294	¥436	¥253	¥173	¥-242	—
EPS	¥-30	¥-98	¥-159	¥215	¥257	¥258	—
DPS	¥32	¥45	¥45	¥78	¥93	¥30	—
Capital Spending per share	¥388	¥645	¥301	¥330	¥812	¥982	—
Book Value per share	¥4,005	¥3,810	¥3,609	¥3,784	¥3,949	¥4,019	—
Common Shares Outstanding	12M	13M	13M	13M	13M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥109B	¥86B	¥94B	¥91B	¥92B	¥91B	¥50B
Operating Margin (%)	0.7%	1.5%	-0.5%	4.8%	4.9%	4.1%	9.2%
Net Profit (owners)	¥-0B	¥-1B	¥-2B	¥3B	¥3B	¥3B	¥3B
Net Profit Margin (%)	-0.3%	-1.4%	-2.1%	3.0%	3.5%	3.6%	6.8%
Working Capital	¥-40B	¥-33B	¥-23B	¥-18B	¥-18B	¥-26B	—
Total Debt (Interest-bearing)	¥58B	¥53B	¥41B	¥41B	¥42B	¥46B	—
Net Worth (Common Equity)	¥50B	¥48B	¥46B	¥48B	¥50B	¥51B	—
Return on Total Assets (ROA)	-0.3%	-0.9%	-1.6%	2.0%	2.5%	2.4%	—
Return on Common Equity (ROE)	-0.7%	-2.6%	-4.4%	5.7%	6.5%	6.4%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.