In response to the changing demand structure in Japan and integration of Asian markets, we will further advance with our business structure reforms whilst maximizing our cash flow.
Ryuichi Kisaka
President, Printing and Communications Media COMPANY
Business Overview
The Printing and Communications Media Company handles an array of paper products used as information media, including newsprint, printing/publication paper, and communication paper.
Newsprint Business
The Oji Group holds approximately a 30% share of the newsprint market in Japan. In order to meet the needs of newspaper companies across Japan, we have continued to strive for quality improvements including sturdier paper to withstand high-speed rotary press printing and create a beautiful finish for color printing, which have garnered praise.
Printing and Publication Paper Business
Publication paper used in books and magazines, and printing paper used in catalogs, etc., require diverse levels of quality according to the content of the final product and the particularities of the printing equipment. The Oji Group strives for product development able to address these needs.
Communications Paper Business
In addition to conventional forms and plain paper copier paper (PPC), we are developing various new products such as highly functional printing paper for print-on-demand (POD) printing. These products are being used for diverse tasks in a wide variety of industries.
Domestic Business Strategies
Domestic Business Strategies
In addition to changes in the demand structure, such as the advance of ICT and lower advertising demand, we anticipate continued decline in the domestic market. Furthermore, competition has reached a new level of intensity as imported paper products gain a foothold and other supply structure changes take place. Within this strict environment, our cost structure is undergoing a fundamental transformation, which makes bolstering our international competitiveness one of the most pressing challenges for the Printing and Communications Media Business. As such, we are working to restructure our domestic manufacturing system and strengthen our international competitiveness by radical cost reductions.
Overseas Business Strategies
In the Chinese market, Jiangsu Oji Paper Nantong Mill is maintaining stable operations as an integrated plant of pulp and paper, while fulfilling its mission to provide constant supply to the market. The company plans to have a second dry pulp machine in operation at the end of fiscal 2017. We expect further improvements in cost competitiveness and significant contributions to Oji Group income.