# Hikari Business Form Co., Ltd. (3948) — Ownership, Board & Financials · Plover Analytics

> Hikari Business Form Co., Ltd. (光ビジネスフォーム株式会社, 3948), Pulp & Paper. 7 cross-shareholdings, a board of 10 and 10 largest shareholders, as filed on EDINET for the year to December 2025.

Page: https://ploveranalytics.com/company.html?code=3948

## Hikari Business Form Co., Ltd.

Hikari Business Form Co., Ltd. (光ビジネスフォーム株式会社, 3948), Pulp & Paper. 7 cross-shareholdings, a board of 10 and 10 largest shareholders, as filed on EDINET for the year to December 2025. EDINET filing S100XSVY, filed 2026-03-25. Source: company filings on EDINET (Financial Services Agency of Japan).

## Financial summary

_Five-year summary as filed, latest filing per fiscal year_

| Fiscal year end | Revenue (¥bn) | Profit (¥bn) | Total assets (¥bn) | EPS (¥) | DPS (¥) | Employees |
|---|---:|---:|---:|---:|---:|---:|
| 2021-12-31 | 9.6 | 0.8 | 10.8 | 142.39 | 35.00 | 387 |
| 2022-12-31 | 12.0 | 1.3 | 11.9 | 220.99 | 50.00 | 379 |
| 2023-12-31 | 9.9 | 0.7 | 11.4 | 132.70 | 35.00 | 390 |
| 2024-12-31 | 7.9 | 0.2 | 11.1 | 28.87 | 38.00 | 392 |
| 2025-12-31 | 7.7 | 0.2 | 11.6 | 27.73 | 45.00 | 391 |

Source: company filings on EDINET (Financial Services Agency of Japan). · JSON: https://ploveranalytics.com/api/v1/equity/financials/company/3948

## Cross-shareholdings

_Ten largest cross-shareholdings by book value, latest annual report_

| Company held | Shares | Book value (¥bn) | % of shares outstanding |
|---|---:|---:|---:|
| Sumitomo Realty & Development Co., Ltd. | 112,000 | 0.9 | — |
| Fuji Nihon Corporation | 268,000 | 0.3 | — |
| JX Advanced Metals Corporation | 30,000 | 0.1 | 0.0 |
| Daio Paper Corporation | 46,000 | 0.0 | 0.0 |
| Canon Marketing Japan Inc. | 3,400 | 0.0 | 0.0 |
| IMPERIAL HOTEL, LTD. | 10,000 | 0.0 | 0.0 |
| 東海道リート投資法人 | 101 | 0.0 | — |

% of shares outstanding: shares held ÷ (issuer's issued shares − treasury shares) × 100, both as filed, the denominator taken from the issuer's own annual securities report nearest the holding's fiscal year end

Source: company filings on EDINET (Financial Services Agency of Japan). · JSON: https://ploveranalytics.com/api/v1/equity/company/3948

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Every figure above is either as published by its source (official) or calculated by this platform with the formula stated beside it. Missing is shown as —, never as zero. Guidance for quoting: https://ploveranalytics.com/llms.txt