日本造纸行业市场前景及投资研究报告-培训课件外文版2024.6太阳纸业

INDUSTRIES

&

MARKETSPaperindustryinJapanCHAPTER

01OverviewVolumeofpapershipmentsinJapanfrom2013to2022(inmillionmetrictons)ShipmentvolumeofpaperJapan2013-20221816141210815.3115.0814.814.7314.5214.1913.3611.6611.4411.42642020132014201520162017201820192020202120224Description:In2022,theshipmentvolumeofpaperinJapanamountedtoapproximately11.42millionmetrictons.Figureshavedecreasedcomparedtoaround15.3millionmetrictonsin2013.Japanisoneoftheleadingpapermanufacturersintheworld.

ReadmoreNote(s):Japan;2013to2022Source(s):METI(Japan);PaperRecyclingPromotionCenter(PRPC)ConsumptionvolumeofpaperinJapanfrom2013to2022(inmillionmetrictons)PaperconsumptionvolumeJapan2013-20221614.9814.9414.5714.4414.2513.75141210813.2411.5211.1911.15642020132014201520162017201820192020202120225/statistics/760730/japan-paper-consumption-volumeIn2022,theconsumptionvolumeofpaperinJapanamountedtocloseto11.15millionmetrictons.Figuresdecreasedcontinuouslythroughoutthepastdecade,likelyduetothedigitalizationofpaperproductssuchasprintingandwritingpapers.

ReadmoreNote(s):Japan;2013to2022Source(s):METI(Japan);PaperRecyclingPromotionCenter(PRPC)VolumeofrecoveredpaperinJapanfrom2014to2023(inmillionmetrictons)VolumeofrecoveredpaperJapan2014-20232521.7521.421.2321.0520.6719.79201510518.8818.4617.8917.24020142015201620172018201920202021202220236/statistics/741822/japan-paper-recovery-volume-tonsIn2023,thevolumeofrecoveredpaperstoodatabout17.2millionmetrictons.Figuresindicatedadownwardstrendinmorerecentyears.Recoveredpaperreferstousedpaper,whichactsasarawmaterialinpaperandpaperboardproduction.

ReadmoreNote(s):Japan;2014to2023Source(s):PaperRecyclingPromotionCenter(PRPC)Numberofestablishmentsinthepulp,paperandpaperproductsmanufacturingindustryinJapanfrom2012to2021NumberofpulpandpaperproductmanufacturersJapan2012-20217,0006,3826,2316,1165,9696,0005,0004,0003,0002,0001,00005,6095,5195,3655,3385,0432012*2013*20142016201720182019202020217/statistics/633736/japan-pulp-and-paper-manufacturing-industry-business-numberIn2021,thenumberofbusinessesinthepulpandpaperrelatedmanufacturingindustryinJapanamountedtoaround5.04thousandestablishments,markingthelowestofthedecade.Figureshavebeendecreasingsteadilyovertheobservedperiod.ReadmoreNote(s):Japan;2012to2021;referstoestablishmentswithfourormorepersonsengaged;*ExcludingestablishmentsinenumerationdistrictswhichincluderestrictedareasdesignatedduetotheGreatEastJapanEarthquake.Nofigureswere[...]

ReadmoreSource(s):METI(Japan);StatisticsBureauofJapanNumberofpersonsengagedinthepulp,paperandpaperproductsmanufacturingindustryinJapanfrom2012to2021(in1,000s)NumberofemployeesinpulpandpapermanufacturingJapan2012-2021200189187186.14186.66187.04187.84185.91182181.87179.191801601401201008060402002011*2012*2013*20142016201720182019202020218Description:In2021,thenumberofemployeesintheJapanesepulp,paperandpaperproductsmanufacturingindustryamountedtoapproximately179.19thousand.Figuresdecreasedcomparedtoaround187thousandinthepreviousyear.

ReadmoreNote(s):Japan;2012to2021;referstoestablishmentswithfourormorepersonsengaged;*ExcludingestablishmentsinenumerationdistrictswhichincluderestrictedareasdesignatedduetotheGreatEastJapanEarthquake.Personsemployed[...]

ReadmoreSource(s):METI(Japan);StatisticsBureauofJapanCHAPTER

02RawmaterialProductionvolumeofpulpwoodinJapanfrom2013to2022(inmillionmetrictons)ProductionvolumeofpulpwoodJapan2013-2022109.068.858.888.818.938.8198765432108.567.797.77.22201320142015201620172018201920202021202210/statistics/1183486/japan-wood-pulp-production-volumeIn2022,theproductionvolumeofpulpwoodinJapanamountedtoaround7.7millionmetrictons.Figuresdecreasedcomparedtooverninemillionmetrictonsin2013.Japanwasoneoftheworld'slargestpaperproducingcountriesinrecentyears.

ReadmoreNote(s):Japan;2013to2022Source(s):JapanPaperAssociationConsumptionvolumeofpulpwoodinJapanfrom2014to2023(inmillionmetrictons)ConsumptionvolumeofpulpwoodJapan2014-2023129.79.61089.479.529.439.188.298.137.697.436420201420152016201720182019202020212022202311Description:In2023,theconsumptionvolumeofpulpwoodamountedtoapproximately7.4millionmetrictonsinJapan.Figuresdecreasedcomparedtoaround9.7millionmetrictonsin2014.ReadmoreNote(s):Japan;2014to2023Source(s):METI(Japan);PaperRecyclingPromotionCenter(PRPC)ConsumptionvolumeofpulpwoodinJapanin2021,bytype(in1,000cubicmeters)ConsumptionvolumeofpulpwoodJapan2021,bytypeConsumptionvolumeinthousandcubicmetersDomestic

Imported8,000

10,00002,0004,0006,00012,00014,00016,00018,000HardwoodchipsSoftwoodchips1,478.9214,294.626,492.373,097.85Roundwood

56.0112Description:In2021,theconsumptionvolumeofhardwoodchipsinJapanamountedtoover15.77millioncubicmeters,ofwhicharound14.29millioncubicmeterswereimported.Pulpwoodisarawmaterialthatisusedtoproducepaper.

ReadmoreNote(s):Japan;2021Source(s):JapanPaperAssociationImportrateofpulpwoodtoJapanfrom2013to2022ImportrateofpulpwoodJapan2013-202274.0%72.9%73.0%72.2%72.1%72%72.0%71.0%70.0%69.0%68.0%67.0%70.8%70.8%70.8%69.9%68.9%202067.7%20132014201520162017201820192021202213Description:In2022,theimportrateofpulpwoodtoJapanamountedtocloseto73percent.Thefigureincreasedcomparedtoaround68percentin2013.

ReadmoreNote(s):Japan;2013to2022Source(s):JapanPaperAssociationCHAPTER

03ProductionPaperproductionvolumeinJapanfrom2014to2023(inmillionmetrictons)ProductionvolumeofpaperJapan2014-20231615.1214.8314.7114.5814.0113.5141210812.3911.6611.6811.576420201420152016201720182019202020212022202315Description:In2023,approximately11.6millionmetrictonsofpaperwereproducedinJapan.Figuresshowasteadydeclinefrom2014,whenthepaperproductionvolumestoodatover15millionmetrictons.Japanwasoneoftheleadingpapermanufacturersintheworld.ReadmoreNote(s):Japan;2014to2023Source(s):METI(Japan);PaperRecyclingPromotionCenter(PRPC)ProductionvolumeofpaperinJapanin2022,byuse(inmillionmetrictons)ProductionvolumeofpaperJapan2022,byuseProductionvolumeinmillionmetrictons01234567Printingandcommunication6SanitarytissueNewsprint1.871.85Packagingandwrapping0.84Otherpaper0.7116Description:In2022,theproductionvolumeofpaperusedforprintingandcommunicationinJapanamountedtoapproximatelysixmillionmetrictons.ThemajorityofpaperproducedinJapanwasusedforprintingandcommunicationthatyear.Newsprint,sanitarytissues,andpackagingandwrappingmadeupmuchsmallercategories.ReadmoreNote(s):Japan;2022Source(s):JapanPaperAssociation;METI(Japan)ProductionvolumeofpaperforprintingandcommunicationinJapanfrom2013to2022(inmillionmetrictons)ProductionvolumeofpaperforprintingandcommunicationJapan2013-20221098765432108.588.498.388.318.247.877.516.3165.88201320142015201620172018201920202021202217Description:In2022,theproductionvolumeofpaperforprintingandcommunicationinJapanamountedtoapproximatelysixmillionmetrictons.Eventhoughfiguresdecreasedsteadilythroughoutthepastdecade,Japanwasthethird-largestproducerofpaperandcardboardworldwide.ReadmoreNote(s):Japan;2013to2022Source(s):JapanPaperAssociation;METI(Japan)ProductionvolumeofnewsprintpaperinJapanfrom2013to2022(inmillionmetrictons)ProductionvolumeofpaperfornewsprintJapan2013-20223.53.223.132.992.913.02.52.01.51.00.50.02.782.592.422.061.981.85201320142015201620172018201920202021202218Description:In2022,theproductionvolumeofnewsprintpaperinJapanamountedtoaround1.85millionmetrictons.Eventhoughfiguresdecreasedcontinuouslythroughoutthepastdecade,Japanwasthethird-largestproducerofpaperandcardboardworldwide,followingChinaandtheUnitedStates.ReadmoreNote(s):Japan;2013to2022Source(s):JapanPaperAssociation;METI(Japan)ProductionvolumeofsanitarytissueinJapanfrom2013to2022(inmillionmetrictons)ProductionvolumeofsanitarytissueJapan2013-20222.01.871.831.831.811.81.791.781.771.771.751.81.61.41.21.00.80.60.40.20.0201320142015201620172018201920202021202219Description:In2022,theproductionvolumeofsanitarytissueinJapanamountedtoover1.87millionmetrictons.Figuresstayedataroundthesamelevelthroughoutthepastdecade.

ReadmoreNote(s):Japan;2013to2022Source(s):JapanPaperAssociation;METI(Japan)ProductionvolumeofpaperforpackagingandwrappinginJapanfrom2013to2022(in1,000metrictons)ProductionvolumeofpaperforpackagingandwrappingJapan2013-20221,0009058918968978998808779008007006005004003002001000842831759201320142015201620172018201920202021202220Description:In2022,theproductionvolumeofpaperforpackagingandwrappinginJapanamountedto842thousandmetrictons.Figuresdecreasedto759thousandtonsin2020,butincreasedagaininthemostrecentyear.

ReadmoreNote(s):Japan;2013to2022Source(s):JapanPaperAssociation;METI(Japan)CHAPTER

04RecoveryRecoveryrateofpaperinJapanfrom2014to2023RecoveryrateofpaperJapan2014-202385.5%84.9%84.5%83.5%82.5%81.5%80.5%79.5%78.5%81.6%81.6%81.3%81.3%81.1%80.9%201780.8%201479.5%201979.5%202220152016201820202021202322Description:In2023,approximately81.6percentofwastepaperwasrecoveredinJapan.Figuresincreasedslightlycomparedtoabout80percentinthepreviousyear.Paperisaneasilyrecyclablematerialandisclassifiedasarenewableresourcesinceitismadefromwood.ReadmoreNote(s):Japan;2014to2023Source(s):PaperRecyclingPromotionCenter(PRPC)EstimatedrecoveryrateofpaperinJapanfrom2022,bygradeEstimatedrecoveryrateofpaperJapan2022,bygradeRecoveryrate0%20%40%60%80%100%120%140%160%OldnewspaperKraftbrowns;oldcorrugatedcontainers135.7%110.3%Hardwhiteshaving;whitecards;whitewoodyshavings;whitemanilaetc.*Boxboardcuttings49.8%18.5%23Description:In2022,therecoveryrateofoldnewspaperstoodatover135.7percent,makingupthelargestrecoveryrateofpapertypesinJapan.Kraftbrowns,andoldcorrugatedcontainersfollowedwitharecoveryrateofaround110percent.

ReadmoreNote(s):Japan;2022;*Thiscategoryalsoincludesfinewhitepaperprinted(includingcoatedpaper),quireswoodyprintedpaperandoldmagazines.ReadmoreSource(s):METI(Japan);MinistryofFinanceJapan;PaperRecyclingPromotionCenter(PRPC)UtilizationrateofrecoveredpaperandpaperboardinJapanfrom2014to2023UtilizationrateofrecoveredpaperJapan2014-202367.5%67.0%66.5%66.0%65.5%65.0%67.2%66.8%66.3%66%64.5%64.0%63.5%64.3%201564.3%201864.3%201964.2%201664.1%201763.9%2014202020212022202324Description:In2023,theutilizationrateofrecoveredpaperandpaperboardinJapanstoodat66.8percent.ThepaperrecoveryrateinJapanstoodataround80percentinrecentyears.

ReadmoreNote(s):Japan;2014to2023Source(s):PaperRecyclingPromotionCenter(PRPC)UtilizationrateofrecoveredpaperinJapanfrom2013to2024,bygradeUtilizationrateofrecoveredpaperJapan2014-2023,bygradePaper93.4%Paperboard93.5%93.5%93.8%93.8%94.2%93.8%93.7%93.6%93.2%95%85%75%65%55%45%35%25%40.3%201440.2%201539.2%201637.9%201737.3%201837.4%202036.6%201934.7%202134.9%202334.1%202225Description:In2023,theutilizationrateofrecoveredpaperstoodat34.9percent,whilethatofrecoveredpaperboardwasmuchhigher,reachingcloseto94percent.Theutilizationratesofbothpapertypeshaveremainedataroundthesamelevelthroughoutthepastdecade.ReadmoreNote(s):Japan;2014to2023Source(s):PaperRecyclingPromotionCenter(PRPC)ConsumptionvolumeofrecoveredpaperinJapanfrom2014to2023(inmillionmetrictons)ConsumptionvolumeofrecoveredpaperJapan2014-20231816141210817.0917.0317.1116.9816.9616.5216.0415.9515.7114.926420201420152016201720182019202020212022202326Description:In2023,theconsumptionvolumeofrecoveredpaperamountedtoapproximately15millionmetrictons.Thefigureremainedataroundthesamelevelthroughoutthepastdecade.

ReadmoreNote(s):Japan;2014to2023Source(s):METI(Japan);PaperRecyclingPromotionCenter(PRPC)ConsumptionvolumeofrecoveredpaperinJapanin2022,bygrade(in1,000metrictons)ConsumptionvolumeofrecoveredpaperJapan2022,bygradeConsumptioninthousandmetrictons3,000

4,000

5,00001,0002,0006,0007,0008,0009,00010,00011,000OldcorrugatedcontainersOldnewspaper9,5522,2192,159OldmagazinesFinepaperprinted1,472Boxboardcuttings357Hardwhiteshavings,whitecardsQuireswoodypaperprintedWhitewoodyshavings,whitemanilaKraftbrowns6464362527Description:In2022,theconsumptionvolumeofrecoveredpaperforoldcorrugatedcontainersamountedtoapproximately9.5millionmetrictons,accountingforthelargestconsumptionvolumeofrecoveredpaper.Recoveredpaperreferstousedpaperthatisre-usedasarawmaterialforpaperandpaperboardproduction.ReadmoreNote(s):Japan;2022Source(s):METI(Japan);PaperRecyclingPromotionCenter(PRPC)CHAPTER

05TradewithpaperExportvolumeofpaperfromJapanfrom2014to2023(in1,000metrictons)ExportvolumeofpaperJapan2014-20231,6001,4001,2001,3951,1791,1161,0661,0641,0109971,0009229048728006004002000201420152016201720182019202020212022202329Description:In2023,theexportvolumeofpaperfromJapanstoodat872thousandmetrictons.Figuresincreaseduptoaround1.4millionmetrictonsin2018butindicatedadownwardtrendinmorerecentyears.

ReadmoreNote(s):Japan;2014to2023Source(s):MinistryofFinanceJapan;PaperRecyclingPromotionCenter(PRPC)ImportvolumeofpapertoJapanfrom2014to2023(inmillionmetrictons)ImportvolumeofpaperJapan2014-20231.61.391.41.21.00.80.60.40.20.01.231.061.061.030.760.760.740.620.57201420152016201720182019202020212022202330Description:In2023,theamountofpaperimportstoJapanreachedapproximately573thousandmetrictons.TheimportvolumeofpapertoJapandecreasedcomparedtoaround1.4millionmetrictonsin2014.

ReadmoreNote(s):Japan;2014to2023Source(s):MinistryofFinanceJapan;PaperRecyclingPromotionCenter(PRPC)ExportvolumeofpaperfromJapanin2022,bygrade(in1,000metrictons)ExportvolumeofpaperJapan2022,bygradeExportvolumeinthousandmetrictons050100150200250300350400450500CoatedPackagingWoodfreeOther464235149146Newsprint331Description:In2022,theexportvolumeofcoatedpaperfromJapanamountedtoapproximately460thousandmetrictons,makingupthelargestexportedpapertype.Japanisoneofthelargestpapermanufacturingcountriesworldwide.

ReadmoreNote(s):Japan;2022Source(s):JapanPaperAssociation;MinistryofFinanceJapanImportvolumeofpapertoJapanin2022,bygrade(in1,000metrictons)ImportvolumeofpaperJapan2022,bygradeImportvolumeinthousandmetrictons050100150200250300350400450500WoodfreeCoated45299Other51PackagingNewsprint13132Description:In2022,theimportvolumeofwoodfreepapertoJapanamountedtoapproximately452thousandmetrictons,makingupthelargestimportedpapertype.Japanisoneofthelargestpapermanufacturingcountriesworldwide.

ReadmoreNote(s):Japan;2022Source(s):JapanPaperAssociation;MinistryofFinanceJapanShareoftheexportvolumeofpaperfromJapanin2022,byregionShareofpaperexportsJapan2022,byregionShareoftheexportvolume0%5%10%15%20%25%ChinaSouthKoreaTaiwan20.4%14.2%12.6%12.1%11.5%VietnamThailandIndia8.3%MalaysiaIndonesiaPhilippinesOthers5.5%4%3.8%7.6%33Description:In2022,thelargestshareofexportsofpaperfromJapanwasshippedtoChina,makinguparound20.4percent.AsiancountrieswerethemajordestinationsforpaperexportsfromJapan.Inrecentyears,Japanwasthethirdlargestpapermanufacturingcountryintheworld.ReadmoreNote(s):Worldwide,Japan;2022Source(s):JapanPaperAssociation;MinistryofFinanceJapanShareoftheimportvolumeofpapertoJapanin2022,byregionShareofpaperimportsJapan2022,byregionShareofimportvolume0%5%10%15%20%25%30%35%40%45%IndonesiaChina39.6%31.4%Germany4.6%SouthKoreaFinland3.3%3.2%UnitedKingdomSweden3%1.3%Others2.2%34Description:In2022,closeto40percentofJapan'simportvolumeofpaperwasshippedinfromIndonesia,representingthelargestshareofpaperimports.AsiancountriesweretheleadingsuppliersforpaperimportstoJapan.Inrecentyears,Japanwasthethirdlargestpapermanufacturerintheworld.ReadmoreNote(s):Worldwide,Japan;2022Source(s):JapanPaperAssociation;MinistryofFinanceJapanCHAPTER

06TradewithrecoveredpaperExportvolumeofrecoveredpaperfromJapanfrom2014to2023(inmillionmetrictons)ExportvolumeofrecoveredpaperJapan2014-20235.04.624.54.03.53.02.52.01.51.00.50.04.264.143.783.733.193.142.372.221.83201420152016201720182019202020212022202336Description:In2023,approximately2.22millionmetrictonsofrecoveredpaperwereexportedfromJapan.Figurespeakedin2014,reachingaround4.62millionmetrictons,butindicatedadownwardtrendinmorerecentyears.Recoveredpaperreferstousedpaperwhichactsasarawmaterialinpaperandpaperboardproduction.ReadmoreNote(s):Japan;2014to2023Source(s):MinistryofFinanceJapan;PaperRecyclingPromotionCenter(PRPC)ImportvolumeofrecoveredpapertoJapanfrom2014to2023(in1,000metrictons)ImportvolumeofrecoveredpaperJapan2014-20235047464540353025201510543423534301917160201420152016201720182019202020212022202337Description:In2023,approximately19thousandmetrictonsofrecoveredpaperwereimportedtoJapan.Theimportvolumeofrecoveredpaperincreasedtoaround47thousandmetrictonsin2019butdecreasedagaininmorerecentyears.

ReadmoreNote(s):Japan;2014to2023Source(s):MinistryofFinanceJapan;PaperRecyclingPromotionCenter(PRPC)ExportvolumeofrecoveredpaperfromJapanin2023,bygrade(in1,000metrictons)ExportvolumeofrecoveredpaperJapan2023,bygradeExportvolumeinthousandmetrictons400

600

80002001,0001,2001,4001,6001,5511,800OldcorrugatedcontainersandKraftpaperOldnewspapersandmagazines533Others14138Description:In2023,theexportvolumeofoldcorrugatedcontainersandKraftpaperfromJapanamountedtoover1.5millionmetrictons,representingthelargestamountoftheexportvolumeofrecoveredpaper.Recoveredpaperreferstowastepaperthatisre-usedasarawmaterialforpaperandpaperboardproduction.ReadmoreNote(s):Japan;2023Source(s):MinistryofFinanceJapan;PaperRecyclingPromotionCenter(PRPC)ImportvolumeofrecoveredpapertoJapanin2023,bygrades(in1,000metrictons)ImportvolumeofrecoveredpaperJapan2023,bygrade2018161412108191664203OldcorrugatedcontainersOthersTotal39Description:In2023,theimportvolumeofoldcorrugatedcontainerstoJapanamountedtoaroundthreethousandmetrictons.Recoveredpaperreferstowastepaperthatisre-usedasarawmaterialforpaperandpaperboardproduction.

ReadmoreNote(s):Japan;2023Source(s):MinistryofFinanceJapan;PaperRecyclingPromotionCenter(PRPC)ExportvolumeofrecoveredpaperfromJapanin2023,byregion(in1,000metrictons)ExportvolumeofrecoveredpaperJapan2023,byregionExportvolumeinthousandmetrictons400

60002008001,0001,200VietnamTaiwan1,027470IndonesiaSouthKoreaMalaysiaThailandOthers2402041361222540Description:In2023,theexportvolumeofrecoveredpaperfromJapantoVietnamamountedtoapproximately1.03millionmetrictons,makingVietnamthelargestexportpartnerofrecoveredpaperfromJapan.Recoveredpaperreferstousedpaper,whichactsasarawmaterialinpaperandpaperboardproduction.ReadmoreNote(s):Japan;2023Source(s):MinistryofFinanceJapan;PaperRecyclingPromotionCenter(PRPC)ImportvolumeofrecoveredpaperfromJapanin2022,byregion(inmetrictons)ImportvolumeofrecoveredpaperJapan2022,byregionImportvolumeinmetrictons8,000

10,00002,0004,0006,00012,00014,00016,00016,18718,00020,000UnitedStatesCanada0China94Taiwan97Italy

73Others872total17,32341Description:In2022,theimportvolumeofrecoveredpaperfromtheUnitedStatestoJapanamountedtoapproximately16.2thousandmetrictons,representingthelargestimportpartnerforrecoveredpaper.Chinafollowed,withanimportvolumeofcloseto144metrictons.ReadmoreNote(s):Japan;2022Source(s):PaperRecyclingPromotionCenter(PRPC)CHAPTER

07MajorcompaniesLeadingcompaniesofthepulpandpaperindustryinJapanasofSeptember2023,bytotalassets(inbillionJapaneseyen)MajorcompaniesofthepulpandpaperindustryJapan2023,bytotalassetsTotalassetsinbillionJapaneseyen05001,0001,5002,0002,5002,296.02OjiJapanPulp&PaperRengo1,666.541,053.14DaioPaper923.53HokuetsuPaperCorporationMitsubishiPaperMillsTomoku388.44227.06195.38TokushuTokai123.35122.7594.37ChuetsuPulp&PaperThePack*43Description:AsofSeptember2023,OjiHoldingsCorporationtoppedtherankingofpulpandpapercompaniesinJapan,withtotalassetsworthovertwotrillionJapaneseyen.TheJapanesepulpandpapercompanywasfoundedin1873.

ReadmoreNote(s):Japan;asofSeptember2023;*FigureasofSeptember2023.ꢀ100Japaneseyenequal0.67U.S.dollarsor0.61eurosasofMarch2024.Valueshavebeenrounded.

ReadmoreSource(s):NikkeiTotalassetsofOjiHoldingsCorporationfromfiscalyear2005to2022(inbillionyen)OjiHoldingsCorporation'stotalassetsFY2005-20222,5002,0001,5001,000500020052006200720082009201020112012201320142015201620172018201920202021202244/statistics/531260/oji-holdings-corporation-total-assetsOjiHoldingsCorporationreportedtotalassetsofnearly2.3trillionyenforthefiscalyearendedMarch31,2022.OjiHoldingsCorporationisaleadingcompanyintheforest,paper,andpackagingindustryworldwideandisheadquarteredinTokyo,Japan.ReadmoreNote(s):Worldwide;FY2005toFY2022;FiscalyearsendingMarch31Source(s):OjiPaperTotalassetsofJapanPulpandPaperCo.,Ltd.fromfiscalyear2013to2022(inbillionJ