{"id":60143,"date":"2026-06-04T22:59:57","date_gmt":"2026-06-04T13:59:57","guid":{"rendered":"https:\/\/japanir.jp\/en\/company\/company-9929\/"},"modified":"2026-08-23T12:20:30","modified_gmt":"2026-08-23T03:20:30","slug":"company-9929","status":"publish","type":"company","link":"https:\/\/japanir.jp\/en\/company\/company-9929\/","title":{"rendered":"HEIWA PAPER CO LTD"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","meta":{"Ticker":"9929","DATE":"2026-01-09","longName":"Heiwa Paper Co.,Ltd.","company_name_ja":"","fullTimeEmployees":188,"address":"","phone":"","website":"https:\/\/www.heiwapaper.co.jp","industry":"Paper & Paper Products","sector":"Basic Materials","regularMarketPrice":465,"financialCurrency":"","marketCap":4301,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":8.3800000000000008,"epsForward":0,"bookValue":0,"totalRevenue":15796925000,"OperatingIncome":99407000,"operatingMargins":0.63,"NetIncome":78633000,"profitMargins":0.5,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0.77000000000000002,"recommendationMean":0,"recommendationKey":"none","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"{\"success\": true, \"fetched_at\": \"2026-08-01T03:50:31.203633\", \"ticker\": \"9929\", \"ticker_full\": \"9929.T\", \"company_name\": \"HEIWA PAPER CO LTD\", \"analyst_recommendations\": {\"has_data\": true, \"recommendation_key\": \"none\", \"recommendation_mean\": null, \"total_analysts\": null, \"strong_buy\": null, \"buy\": null, \"hold\": null, \"sell\": null, \"strong_sell\": null}, \"target_prices\": {\"has_data\": true, \"current\": 471.0, \"high\": null, \"low\": null, \"mean\": null, \"median\": null}, \"earnings_dates\": {\"has_data\": false}, \"shareholders\": {\"has_data\": true, \"insider_pct\": 41.24, \"institution_pct\": 1.96, \"major_holders\": [{\"label\": \"\", \"value\": 41.24}, {\"label\": \"\", \"value\": 1.96}, {\"label\": \"\", \"value\": 3.33}, {\"label\": \"\", \"value\": 1.0}], \"institutional_holders\": [], \"mutualfund_holders\": []}}","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"Heiwa Paper Co.,Ltd. engages in paper trading activities in Japan and internationally. It operates through two segments: Japanese and Western Paper Wholesale and Real Estate Rental Business. The company imports, develops, sells, and exports specialty papers, high-grade papers, industrial paper, and other paper materials. It also provides fancy papers, fine boards, printing paper, technical paper, basic paper, and household paper products; and engages in the development and commercialization of paper products. Heiwa Paper Co.,Ltd. was incorporated in 1946 and is headquartered in Tokyo, Japan.","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":6,"get_dividend_history_year2":12,"get_dividend_history_year3":12,"get_dividend_history_year4":12,"get_dividend_history_year5":10,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"financial_data":"","detailed_financial_data":"{\"success\": true, \"fetched_at\": \"2026-08-23T01:56:32.183281\", \"ticker\": \"9929\", \"ticker_full\": \"9929.T\", \"company_name\": \"HEIWA PAPER CO LTD\", \"company_info\": {\"name_en\": \"HEIWA PAPER CO LTD\", \"long_name\": \"Heiwa Paper Co.,Ltd.\", \"sector\": \"Basic Materials\", \"industry\": \"Paper & Paper Products\", \"website\": \"https:\/\/www.heiwapaper.co.jp\", \"employees\": 188, \"country\": \"Japan\", \"city\": \"Tokyo\", \"address\": \"1-22-11, Shinkawa\", \"description\": \"Heiwa Paper Co.,Ltd. engages in paper trading activities in Japan and internationally. It operates through two segments: Japanese and Western Paper Wholesale and Real Estate Rental Business. The company imports, develops, sells, and exports specialty papers, high-grade papers, industrial paper, and other paper materials. It also provides fancy papers, fine boards, printing paper, technical paper, basic paper, and household paper products; and engages in the development and commercialization of paper products. Heiwa Paper Co.,Ltd. was incorporated in 1946 and is headquartered in Tokyo, Japan.\"}, \"price_trend\": {\"ma_5\": {\"ma_value\": 470.6, \"deviation\": 0.72, \"trend\": \"up\"}, \"ma_25\": {\"ma_value\": 469.32, \"deviation\": 1.0, \"trend\": \"up\"}, \"ma_75\": {\"ma_value\": 466.93, \"deviation\": 1.51, \"trend\": \"up\"}, \"ma_200\": {\"ma_value\": 460.97, \"deviation\": 2.83, \"trend\": \"up\"}}, \"financials\": {\"years\": [{\"year\": 2026, \"revenue\": 15796925000.0, \"revenue_fmt\": \"\u00a5158\u5104\", \"gross_profit\": 3287177000.0, \"gross_profit_fmt\": \"\u00a533\u5104\", \"operating_income\": 99407000.0, \"operating_income_fmt\": \"\u00a599.4M\", \"ebit\": 165943000.0, \"ebit_fmt\": \"\u00a52\u5104\", \"net_income\": 78633000.0, \"net_income_fmt\": \"\u00a578.6M\", \"eps\": 8.38, \"operating_margin\": 0.63, \"total_assets\": 17774460000.0, \"total_assets_fmt\": \"\u00a5178\u5104\", \"total_equity\": 10246667000.0, \"total_equity_fmt\": \"\u00a5102\u5104\", \"total_debt\": 1833813000.0, \"total_debt_fmt\": \"\u00a518\u5104\", \"total_cash\": 2224226000.0, \"total_cash_fmt\": \"\u00a522\u5104\", \"equity_ratio\": 57.65, \"de_ratio\": 0.18, \"current_ratio\": 1.64, \"operating_cf\": 1046578000.0, \"operating_cf_fmt\": \"\u00a510\u5104\", \"investing_cf\": -383849000.0, \"investing_cf_fmt\": \"-\u00a54\u5104\", \"financing_cf\": -838280000.0, \"financing_cf_fmt\": \"-\u00a58\u5104\", \"free_cf\": 507996000.0, \"free_cf_fmt\": \"\u00a55\u5104\", \"net_margin\": 0.5, \"roe\": 0.77, \"roa\": 0.44}, {\"year\": 2025, \"revenue\": 16032057000.0, \"revenue_fmt\": \"\u00a5160\u5104\", \"gross_profit\": 3273917000.0, \"gross_profit_fmt\": \"\u00a533\u5104\", \"operating_income\": 142679000.0, \"operating_income_fmt\": \"\u00a51\u5104\", \"ebit\": 218130000.0, \"ebit_fmt\": \"\u00a52\u5104\", \"net_income\": 117025000.0, \"net_income_fmt\": \"\u00a51\u5104\", \"eps\": 12.37, \"operating_margin\": 0.89, \"total_assets\": 17971031000.0, \"total_assets_fmt\": \"\u00a5180\u5104\", \"total_equity\": 9916556000.0, \"total_equity_fmt\": \"\u00a599\u5104\", \"total_debt\": 2445032000.0, \"total_debt_fmt\": \"\u00a524\u5104\", \"total_cash\": 2673804000.0, \"total_cash_fmt\": \"\u00a527\u5104\", \"equity_ratio\": 55.18, \"de_ratio\": 0.25, \"current_ratio\": 1.65, \"operating_cf\": 260768000.0, \"operating_cf_fmt\": \"\u00a53\u5104\", \"investing_cf\": -554337000.0, \"investing_cf_fmt\": \"-\u00a56\u5104\", \"financing_cf\": -171471000.0, \"financing_cf_fmt\": \"-\u00a52\u5104\", \"free_cf\": -264778000.0, \"free_cf_fmt\": \"-\u00a53\u5104\", \"net_margin\": 0.73, \"roe\": 1.18, \"roa\": 0.65}, {\"year\": 2024, \"revenue\": 16124095000.0, \"revenue_fmt\": \"\u00a5161\u5104\", \"gross_profit\": 3288512000.0, \"gross_profit_fmt\": \"\u00a533\u5104\", \"operating_income\": 158052000.0, \"operating_income_fmt\": \"\u00a52\u5104\", \"ebit\": 241348000.0, \"ebit_fmt\": \"\u00a52\u5104\", \"net_income\": 136333000.0, \"net_income_fmt\": \"\u00a51\u5104\", \"eps\": 14.41, \"operating_margin\": 0.98, \"total_assets\": 18834277000.0, \"total_assets_fmt\": \"\u00a5188\u5104\", \"total_equity\": 10098467000.0, \"total_equity_fmt\": \"\u00a5101\u5104\", \"total_debt\": 2463286000.0, \"total_debt_fmt\": \"\u00a525\u5104\", \"total_cash\": 2839348000.0, \"total_cash_fmt\": \"\u00a528\u5104\", \"equity_ratio\": 53.62, \"de_ratio\": 0.24, \"current_ratio\": 1.65, \"operating_cf\": 122830000.0, \"operating_cf_fmt\": \"\u00a51\u5104\", \"investing_cf\": -13205000.0, \"investing_cf_fmt\": \"-\u00a513.2M\", \"financing_cf\": -344648000.0, \"financing_cf_fmt\": \"-\u00a53\u5104\", \"free_cf\": 77619000.0, \"free_cf_fmt\": \"\u00a577.6M\", \"net_margin\": 0.85, \"roe\": 1.35, \"roa\": 0.72}, {\"year\": 2023, \"revenue\": 16068886000.0, \"revenue_fmt\": \"\u00a5161\u5104\", \"gross_profit\": 3234135000.0, \"gross_profit_fmt\": \"\u00a532\u5104\", \"operating_income\": 138334000.0, \"operating_income_fmt\": \"\u00a51\u5104\", \"ebit\": 1294174000.0, \"ebit_fmt\": \"\u00a513\u5104\", \"net_income\": 874804000.0, \"net_income_fmt\": \"\u00a59\u5104\", \"eps\": 91.37, \"operating_margin\": 0.86, \"total_assets\": 17565193000.0, \"total_assets_fmt\": \"\u00a5176\u5104\", \"total_equity\": 9409726000.0, \"total_equity_fmt\": \"\u00a594\u5104\", \"total_debt\": 2412898000.0, \"total_debt_fmt\": \"\u00a524\u5104\", \"total_cash\": 3072938000.0, \"total_cash_fmt\": \"\u00a531\u5104\", \"equity_ratio\": 53.57, \"de_ratio\": 0.26, \"current_ratio\": 1.65, \"operating_cf\": 121109000.0, \"operating_cf_fmt\": \"\u00a51\u5104\", \"investing_cf\": -408283000.0, \"investing_cf_fmt\": \"-\u00a54\u5104\", \"financing_cf\": 43129000.0, \"financing_cf_fmt\": \"\u00a543.1M\", \"free_cf\": -1138235000.0, \"free_cf_fmt\": \"-\u00a511\u5104\", \"net_margin\": 5.44, \"roe\": 9.3, \"roa\": 4.98}], \"has_data\": true}, \"dividends\": {\"history\": [{\"year\": 2022, \"amount\": 10.0}, {\"year\": 2023, \"amount\": 12.0}, {\"year\": 2024, \"amount\": 12.0}, {\"year\": 2025, \"amount\": 12.0}, {\"year\": 2026, \"amount\": 6.0}], \"latest\": 6.0, \"has_data\": true}}","ma_5_value":0,"ma_5_deviation":0,"ma_5_trend":"","ma_25_value":0,"ma_25_deviation":0,"ma_25_trend":"","ma_75_value":0,"ma_75_deviation":0,"ma_75_trend":"","ma_200_value":0,"ma_200_deviation":0,"ma_200_trend":"","previousClose":0,"open":0,"dayHigh":0,"dayLow":0,"volume":0,"averageVolume":0,"revenueGrowth":0},"sector":[],"class_list":["post-60143","company","type-company","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HEIWA PAPER CO LTD - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9929\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9929\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9929\/\",\"name\":\"HEIWA PAPER CO LTD - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-06-04T13:59:57+00:00\",\"dateModified\":\"2026-08-23T03:20:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9929\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-9929\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9929\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HEIWA PAPER CO LTD\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"HEIWA PAPER CO LTD - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-9929\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-9929\/","url":"https:\/\/japanir.jp\/en\/company\/company-9929\/","name":"HEIWA PAPER CO LTD - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-06-04T13:59:57+00:00","dateModified":"2026-08-23T03:20:30+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-9929\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-9929\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-9929\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"HEIWA PAPER CO LTD"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/company\/60143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/company"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/company"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=60143"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=60143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}