Japan Pulp and Paper Company

Japan Pulp and Paper Company Limited
Native name
日本紙パルプ商事株式会社
Company typePublic
TYO: 8032
TOPIX Component
IndustryPulp and paper, Logistics, Real Estate
Founded1845; 180 years ago (1845) (as Echisan Shoten, thereafter Nakai Shoten)
FounderSaburobe Nakai III
HeadquartersForefront Tower, 3-12-1 Kachidoki, Chuo-ku,
Tokyo
,
Japan
Area served
Worldwide
Key people
Akihiko Watanabe (president)
Servicesrelated to paper, paperboard, pulp, paper-related products and real estate
Total equityStock listing (Common stock): Tokyo Stock Exchange, First Section

Number of shares: 29,560,300 Common shares issued and outstanding: 15,021,551

(As of March 31, 2018)
OwnerOji Holdings Corp. (10.9%)

Nippon Paper Industries Pension Fund (9.3%)
Japan Pulp & Paper Co., Ltd. (8.1%)
Japan Pulp & Paper Business Association (3.0%)
Dimensional Fund Advisors LP (2.6%)
Nomura Asset Management Co., Ltd. (2.1%)
Hokuetsu Corp. (2.0%)
Japan Pulp & Paper Employee Stock Ownership Plan (1.9%)
Chuetsu Pulp & Paper Co., Ltd. (1.7%)

The Vanguard Group, Inc. (1.6%)
(As of 18 December 2020[1])
Number of employees
Consolidated 4,298

Non-Consolidated 709

(As of June, 2020[2])
SubsidiariesRadms Paper Limited
Premier Paper Group Limited
CORELEX Co., Ltd.
Ball & Doggett Group Pty Ltd
Spicers Paper (Malaysia) Sdn Bhd
Websitehttps://www.kamipa.co.jp/eng/company/

Japan Pulp and Paper Company Limited (日本紙パルプ商事株式会社, Nihon Kami Parupu Shōji kabushiki kaisha) is a Japanese global pulp and paper trading company, first in Japan and third in the world by the amount of sales (sales in 2018 : ¥535.49B[2]) after Veritiv Corporation (net sales in 2018 : $8.7B[3]) and Central National-Gottesman (revenue in 2018 : $6.2B[4][5]).[6][7] Japan Pulp and Paper Company (JPP) distributes paper-related products and also operates real estate business.[8][9]　In 2019, JPP acquired Birmingham-headquartered PREMIER PAPER GROUP (PPG) for ¥5.2B and made PPG into its affiliate with PPG's management team remaining in place and all the 480 employees being kept on following the acquisition.[10][11][6]

Major activities

  • Import and export, sale, distribution and manufacturing of paper, paperboard, pulp, paper-related products[12]
  • Real estate leasing; generation, sale and provision of electricity[12]

Segments

  • Japan Wholesaling
  • Non-Japan Wholesaling
  • Paper Manufacturing and Processing
  • Resources and Environment
  • Real Estate Leasing[1]

References

  1. ^ a b DISTRIBUTION SERVICES Japan Pulp & Paper Co., Ltd.｜NIKKEI Asia
  2. ^ a b Data of Japan Pulp and Paper Company / PERSOL CAREER CO., LTD. (in Japanese)
  3. ^ NEWS RELEASE DETAILS / Veritiv
  4. ^ Stock price algorithm / Nomura Securities Co., Ltd. (in Japanese)
  5. ^ REVENUE $6.5B as of Nov 23, 2020 Central National-Gottesman / Forbes
  6. ^ a b Premier Paper acquired by Japan Pulp & Paper / Printweek
  7. ^ 紙･パルプ卸売業界のランキングと概況〈The ranking and overview in the pulp and paper wholesale industry〉/ SuiK (in Japanese)
  8. ^ About Us / Japan Pulp & Paper Co, Ltd
  9. ^ Japan Pulp & Paper Co Ltd / Bloomberg
  10. ^ 日本紙パルプ商事＜8032＞、英国の紙・包装資材卸売り会社PREMIER PAPER GROUPを子会社化　(Japan Pulp & Paper Company acquired PREMIER PAPER GROUP, 2nd in England, as subsidiary / M&A速報 (M&A Breaking News) (in Japanese)
  11. ^ 日本紙パルプ商事、英国同業2位を買収　約52億円 (Japan Pulp and Paper Company acquired the company in the same industry, 2nd in England, for ¥5.2B)　/ NIKKEI (in Japanese)
  12. ^ a b Major activities of Japan Pulp and Paper Company