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Oji Holdings rebounds as domestic brokerage raises target price to \1,020 on structural reform effects
Oji Holdings Corporation <3861> rebounded. Okasan Securities on the 30th maintained its "bullish" rating on the stock, the highest on its three-tier scale, while raising its target price from \970 to \1,020. The brokerage expects the full effects of price increases for corrugated cardboard base paper and other products to materialize in the fiscal year ending March 2027, with contributions from the realization of structural reform effects and a recovery in pulp market conditions, which are expected to offset the recent rise in energy prices. Okasan Securities projects consolidated operating profit of \41 billion for the fiscal year ending March 2026 (down 39% year-on-year), but forecasts a recovery to \58.1 billion for the fiscal year ending March 2027.
Source: MINKABU PRESS
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