Quality Improvement and Cost Reduction

「On the cost side, the Company pursued thorough cost reductions, but profit fell below the level recorded in the same period of the previous year due to higher prices for pulp, fuel and other items.」

「On the cost side, the Company pursued thorough cost reductions, but profit fell below the level recorded in the same period of the previous year due to the impact of sharply higher purchase prices for pulp, fuel, papermaking chemicals and other items.」

「On the cost side, the Company pursued thorough cost reductions, but profit fell below the level recorded in the same period of the previous year due to higher purchase prices for pulp, fuel and other items.」

「Costs were affected by higher purchase prices for pulp, chemicals and other materials, but profit rose substantially year on year as we pursued thorough cost reductions in addition to further efficiency gains accompanying the strengthening of our financial position. As a result, segment sales were ¥21,275 million, up 13.5% year on year, and operating profit was ¥2,643 million, up 102.9%.」

「Meanwhile, with regard to strengthening the core business, we are steadily advancing efforts to strengthen our operating base, including improvements in factory efficiency and cost reductions, and the results are already reflected in this fiscal year's performance.」

「As a result, sales increased year on year. Although the impact of surging raw material and fuel prices had begun to emerge, operating profit increased substantially year on year, supported by a broad recovery in sales volumes and the effects of cost and fixed-cost reductions implemented across the Group in the previous fiscal year.」

「In terms of costs, pulp purchase prices were trending upward, but the company pursued thorough cost reductions, and profit substantially exceeded the previous year’s level. As a result, segment sales amounted to ¥5,065 million, up 24.5% year on year, and operating profit amounted to ¥829 million, up 357.6%.」

「In terms of costs, the company reduced costs through lower prices for major raw materials and fuels, including pulp, as well as thorough expense reductions, limiting the decline in profit to a slight decrease from the previous year. As a result, segment sales amounted to ¥13,541 million, down 17.1% year on year, and operating profit amounted to ¥699 million, down 9.5%.」

「At consolidated subsidiary 新東海製紙, the company is working to further strengthen competitiveness in terms of costs and quality, including cost reductions from investments in efficiency improvements and labor saving.」

「At consolidated subsidiary 新東海製紙, the company is working to further strengthen competitiveness in terms of costs and quality.」

「At consolidated subsidiary 新東海製紙, the company is working to further strengthen competitiveness in terms of costs and quality.」

「At consolidated subsidiary 新東海製紙, the company is working to further strengthen competitiveness in terms of costs and quality, including the cost reduction benefits of the new biomass boiler.」

「In terms of profitability, lower costs and other factors for the core products of corrugating medium and kraft paper contributed to operating profit, which amounted to ¥1,088 million, up 17.7% year on year.」

「In terms of profitability, lower costs and other factors for the core products of corrugating medium and kraft paper contributed to operating profit, which amounted to ¥862 million, up 36.1% year on year.」

「In the Industrial Materials Business, the company is focusing on improving the quality of linerboard, corrugating medium, and kraft paper, as well as reducing costs. It is considering and reviewing all aspects, including raw materials, formulations, and equipment.」

「The company will seek to strengthen cost competitiveness by further pursuing synergies from the alliance.」

「In the Industrial Materials Business, the company is focusing on improving the quality of linerboard, corrugating medium, and kraft paper, as well as reducing costs. It is reviewing all aspects, including raw materials, formulations, and equipment.」

「By combining the production expertise of our company and Nippon Paper Industries Co.,Ltd. in the corrugating medium and kraft paper businesses for heavy-duty bags and general-purpose applications (the “Business”), we carried out the absorption-type company split involving 新東海製紙 on 25 April 2016 in accordance with the Integration Agreement entered into with Nippon Paper Industries Co.,Ltd. on that date, with the aim of improving the production efficiency, reducing costs, and strengthening the quality competitiveness of 新東海製紙.」

「By combining the production expertise of our company and Nippon Paper Industries Co.,Ltd. in this business, we carried out the absorption-type company split involving 新東海製紙 in accordance with the Integration Agreement, with the aim of improving its production efficiency, reducing costs, and strengthening its quality competitiveness.」

「By combining the production expertise of our company and Nippon Paper Industries Co.,Ltd. in this business, we decided to carry out the absorption-type company split in accordance with the Integration Agreement, with the aim of improving the production efficiency, reducing costs, and strengthening the quality competitiveness of 新東海製紙.」

「In the Industrial Materials Business, the company is focusing on improving the quality of linerboard, corrugating medium, and kraft paper, as well as reducing costs. It is reviewing all aspects, including raw materials, formulations, and equipment.」