Kokusai Pulp&Paper Co.,Ltd. acquired 77.1% stake in Oji Fiber Co., Ltd from Daiwabo Co., Ltd.
April 04, 2022
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Kokusai Pulp&Paper Co.,Ltd. (TSE:9274) acquired 77.1% stake in Oji Fiber Co., Ltd from Daiwabo Co., Ltd. on March 31, 2022. Oji Fiber Co., Ltd generated the sales of ¥97.987 million, total assets of ¥69.547million, Operating income of ¥5.353 million and Net income of ¥2.270 million for the financial year March 2021.
Kokusai Pulp&Paper Co.,Ltd. (TSE:9274) completed the acquisition of 77.1% stake in Oji Fiber Co., Ltd from Daiwabo Co., Ltd. on March 31, 2022.
KPP Group Holdings Co Ltd is a Japan-based company mainly engaged in the sale of purchased paper domestically and overseas, as well as real estate rental business, and paper product processing business. The Company operates in four segments. The Northeast Asia segment sells paper, paperboard, pulp/waste paper, and other paper-related materials in Japan, China, Taiwan, Hong Kong, and South Korea. The Europe/South America segment sells paper, paperboard, and other paper-related materials in France, the United Kingdom, Germany, Switzerland, and Chile. The Asia Pacific segment sells paper, paperboard, pulp/waste paper, and other paper-related materials in Australia, New Zealand, and Singapore. The Real Estate Rental segment rents real estate in Japan.