ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Oji's quarterly profit doubles on global pulp shortage

Papermaker's international footprint to generate record earnings for the year

Wood pulp has grown pricier due to a tightening of supply, and Oji earns more by selling it to other paper companies in China and elsewhere.

TOKYO -- Japan's largest paper manufacturing company Oji Holdings is sailing toward record profit in the fiscal year ending in March 2019, reaping the fruits of international expansion. 

In the April-June quarter, operating profit appears to have doubled on the year to over 25 billion yen ($223 million), the highest for the period, thanks to greater margins overseas on wood pulp.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more