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Oji Paper Company

Coordinates: 35°40′17″N 139°46′0″E / 35.67139°N 139.76667°E / 35.67139; 139.76667
From Wikipedia, the free encyclopedia
Oji Holdings Corporation
Company typePublic (K.K)
TYO: 3861
Nikkei 225 Component
IndustryPulp and Paper
FoundedFebruary 12, 1873; 151 years ago (1873-02-12)
FounderEi-ichi Shibusawa
Headquarters7-5, Ginza 4-chome, Chuo-ku, Tokyo 104-0061, Japan
Key people
Kiyotaka Shindo, (CEO and President)
Products
RevenueIncrease $ 13.20 billion USD (FY 2012) (¥ 1,241 billion JPY) (FY 2012)
Increase $ 272.202 million USD (FY 2012) (¥ 25.6 billion JPY) (FY 2012)
Number of employees
Increase 27,360 (consolidated) (as of 31 March 2013)
Subsidiaries156 (86 in Japan and 70 overseas)
WebsiteOfficial website
Footnotes / references
[1][2]

Oji Holdings Corporation (王子ホールディングス株式会社, Ōji Hōrudingusu Kabushiki-gaisha) is a Japanese manufacturer of paper products. In 2012 the company was the third largest company in the global forest, paper and packaging industry.[3] The company's stock is listed on the Tokyo Stock Exchange and the stock is constituent of the Nikkei 225 stock index.[4]

Operations

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Oji Paper produces paper for printing, writing, and packaging. It also manufactures containers made from paper products, chemicals used in the production of paper and paper packaging equipment.[1]

The company has 86 production sites throughout Japan, and forestry operations in Australia, Brazil, Canada, China, Germany, New Zealand and other countries worldwide.

History

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Oji Paper Company was founded February 12, 1873 by industrialist Shibusawa Eiichi as Shoshi Kaisha (抄紙会社). Mills were established in 1875 in the village of Ōji, at the time a suburb of Tokyo, and in 1889 in Shizuoka. In 1893 Shibusawa renamed the company Oji Paper after the location of its first mill.[5] William Anderson went to Japan to oversee the erection of the paper mill in 1871.

In 1933, Oji Paper merged with Fuji Paper and Karafuto Industries, developing into an oligopolistic corporation that produced 80 percent of Japan's Western-style paper.

Following World War II, in order to prevent anti-competitive activities caused by overconcentration, the Excess Economic Powers Decentralization Act was implemented, breaking up the company into three components: Tomakomai Paper, Jujo Paper, and Honshu Paper.

Tomakomai Paper began as a one-plant operation, but upon its expansion into Kasugai, Aichi in 1952, the company was renamed Oji Paper Industries, and in 1960, it was renamed Oji Paper again. Oji Paper expanded its business through acquiring competitors including Kita Nippon Paper, Nippon Pulp Industries, and Toyo Pulp.

In 1993, Oji Paper merged with Kanzaki Paper to become New Oji Paper, and furthermore, in 1996, New Oji Paper and Honshu Paper merged again to become Oji Paper.

In 2012 Oji Paper transferred to a pure holding company system and started anew under the trade name Oji Holdings Corporation.[5]

In September 2024, Oji Fibre Solutions announced that it would close its Auckland pulp and paper recycling mill in mid-December 2024. The company would continue operations at its Kinleith Mill near Tokoroa.[6] The company also confirmed that it would shift the processing of recycled paper waste from New Zealand to its Malaysian paper mill in Banting. Malaysian environmentalist Lay Peng Pua expressed concern that the increased volume of paper waste would pollute the nearby Langat River.[7]

In mid November 2024, Oji Fibre Solutions proposed halting paper processing at its Kinleith Mill in Tokoroa by 2025, affecting 230 jobs. Oji CEO Jon Ryder said that manufacturing paper had become unprofitable but said the mill would continue to produce pulp. The company said it would consult with workers and confirm its decision by mid-January 2025.[8]

  • Chitose Dam plant intake facility
    Chitose Dam plant intake facility
  • Fuji Paper factory c. 1890
    Fuji Paper factory c. 1890

See also

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References

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Wikimedia Commons has media related to Oji Paper.
  1. ^ a b "Corporate Data". Retrieved March 21, 2014.
  2. ^ "Annual Report 2013" (PDF). Retrieved March 21, 2014.
  3. ^ "Global Forest, Paper & Packaging Industry Survey 2013 edition – survey of 2012 results" (PDF). PricewaterhouseCoopers LLP. Retrieved March 21, 2014.
  4. ^ "Components:Nikkei Stock Average". Nikkei Inc. Retrieved March 21, 2014.
  5. ^ a b "Company History". Retrieved March 21, 2014.
  6. ^ "Auckland pulp and paper mill closing permanently, union says". RNZ. 18 September 2024. Archived from the original on 18 September 2024. Retrieved 19 September 2024.
  7. ^ "Malaysian environmentalist fears closure of Auckland recycling mill will lead to pollution". RNZ. 19 September 2024. Archived from the original on 19 September 2024. Retrieved 19 September 2024.
  8. ^ Kirkby-McLeod, Libby (20 November 2024). "Kinleith Mill to halt paper production next year, with 230 jobs on the line". RNZ. Archived from the original on 19 November 2024. Retrieved 20 November 2024.
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35°40′17″N 139°46′0″E / 35.67139°N 139.76667°E / 35.67139; 139.76667

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