Expansion of the packaging business in Southeast Asia, India and Oceania
First written in FY2016. 24 of 29 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-05.
No other company in this theme has enough history to compare yet.
- 2026-08-05AdvancedFinancial results presentation
「Central Malaysia Construction of a new corrugated box plant and acquisition of a box-converting plant Northern Vietnam and southern India Construction of new corrugated box plants」
The company has presented packaging-business investments in strategic areas, including Southeast Asia and India, as specific plant construction and acquisition projects. - FY2026AdvancedAnnual report
「In Vietnam, we are proceeding with the construction of a new plant for the liquid paper container business. Meanwhile, at Oji Fibre Solutions in New Zealand, in response to changes in the business environment, we are reshaping the portfolio, including withdrawal from the containerboard business and the Australian packaging business.」
In the overseas packaging business, the disclosure specifies the development of a new liquid paper container plant in Vietnam and withdrawal from the containerboard and Australian packaging businesses in New Zealand, giving concrete form to a strategy combining expansion and withdrawal. - 2026-05-13AdvancedRevision of earnings forecasts
「Withdrawal from Oji Fibre Solutions’ sack paper business and sale of its Australian packaging business, among other measures」
For overseas businesses, the effects of withdrawing from the sack paper business in New Zealand and selling the Australian packaging business are positioned as the effects of structural reforms in low-profitability businesses. - FY2026-H1Selective expansion of, alongside withdrawal from and divestment of, the packaging businessAnnual report
「In India, where corrugated packaging demand is expected to grow, we aim to further expand the business and also develop other packaging materials. We have decided to build a new liquid paper container plant in Vietnam. Meanwhile, at Oji Fibre Solutions in New Zealand, in response to changes in the business environment, we withdrew from the containerboard business in June 2025 and decided to sell the Australian packaging business in September.」
While expanding the packaging business in Southeast Asia and India and developing a new liquid paper container plant in Vietnam, we decided to withdraw from New Zealand's containerboard business and sell the Australian business, clearly indicating our regional and business portfolio choices. - FY2025-H1AdvancedAnnual report
「In April 2024, as part of the "Initiatives to Improve Profitability -Profitability-" program, we completed the acquisition of Walki, a Finnish company with advanced raw-material processing technologies in recycling and plastic reduction related to packaging and packaging-waste regulations, with the aim of establishing a foundation for the packaging business in Europe, where environmental regulations are advancing ahead of the rest of the world.」
We expanded the geographic scope of our packaging business, previously focused on Southeast Asia, India and Oceania, to include Europe, and completed the acquisition of Walki. - FY2024-Q3AdvancedAnnual report
「Overseas, 3 new corrugated box plants began operations in fiscal 2022, followed by an additional plant in October of fiscal 2023. An additional plant in India is scheduled to begin operations in the second half of fiscal 2024.」
The disclosure covers the start-up of a new plant in Southeast Asia and plans for an additional plant in India in the packaging business focused on Southeast Asia, India and Oceania. - FY2024-Q1Continued overseas expansion alongside a decline in the overseas sales ratioAnnual report
「In the overseas business, we are focusing on further expansion in Southeast Asia and Oceania. Higher utilization of the new machine that began operations in October 2021 increased sales volumes of corrugating medium in Southeast Asia, while we also expanded corrugated box sales in Australia. The overseas sales ratio of the Group was 33.6%, 3.3 percentage points lower than in the same quarter of the previous year.」
While improving operating rates and increasing sales volumes in Southeast Asia and Oceania and expanding sales in Australia, the overseas sales ratio declined to 33.6%. - FY2023AdvancedAnnual report
「Overseas, we will further strengthen our packaging business in Southeast Asia, India and Oceania. In fiscal 2022, 3 new corrugated box plants began operations in Malaysia and Vietnam, and an additional plant is scheduled to begin operations in Vietnam in the first half of fiscal 2023.」
The disclosure covers the start-up of three plants in Malaysia and Vietnam and plans for an additional plant in Vietnam in the packaging business centered on Southeast Asia. - FY2023-Q2RestatedAnnual report
「In October 2021, we acquired Empire Packages, which manufactures and sells corrugated packaging in India. In fiscal 2022, three new corrugated packaging plants in Malaysia and Vietnam began operations, and one additional plant is scheduled to begin operations in the first half of fiscal 2023.」
We reaffirmed the acquisition, new plant start-ups and additional plant plans in the corrugated packaging business centered on Southeast Asia and India. - FY2023-Q1AdvancedAnnual report
「In the downstream corrugated packaging business, we are actively expanding through new plant construction and M&A to meet strong demand. Three new corrugated packaging plants in Malaysia and Vietnam began operations in the first half of fiscal 2022, and one additional plant is scheduled to begin operations in the first half of fiscal 2023. In India, in October 2021 we acquired 80% of the issued shares of Empire Packages, which manufactures and sells corrugated packaging.」
Three plants in Malaysia and Vietnam began operations, with one additional plant planned, and the disclosure covers business expansion following the acquisition of an 80% stake in India's Empire Packages. - FY2022-Q3AdvancedAnnual report
「Overseas, to further strengthen our business base, we are assessing risks and returns by region and market and expanding through the establishment of new sites and M&A. In Southeast Asia, we started up a new containerboard machine in Malaysia in October 2021 and renewed energy supply, water treatment and wastewater facilities to strengthen cost competitiveness. In addition to Indonesia's first corrugated packaging plant, which began operations in March 2021, we are building new corrugated packaging plants in northern and southern Vietnam and central and southern Malaysia, with operations scheduled to begin successively from the second half of fiscal 2021 through the first half of fiscal 2023.」
The disclosure covers the start-up of Malaysia's new containerboard machine and Indonesia's first plant, as well as construction of new plants in Vietnam and Malaysia, reflecting continued expansion of the overseas packaging network. - FY2022-Q2AdvancedAnnual report
「In October 2021, the Group acquired 80% of the outstanding shares of Empire Packages, a manufacturer and seller of corrugated boxes in India, and aims to further expand its corrugated box business in India through the target company's customer base and established relationships of trust.」
In India's corrugated packaging business, we newly made concrete plans to acquire an 80% stake in Empire Packages. - FY2021AdvancedAnnual report
「Indonesia's first corrugated box plant began operations in March 2021. The Group also decided to build new corrugated box plants in northern and southern Vietnam and in central and southern Malaysia, scheduled to begin operations in May 2022, January 2022 and June 2022, respectively.」
In our packaging business, centered on Southeast Asia, Indonesia's first plant began operations, and plans for new plants in Vietnam and Malaysia became more concrete. - FY2021-Q3AdvancedAnnual report
「Overseas, to further strengthen its business base, the Group is adding a corrugated medium machine in Malaysia, scheduled to begin operations in July 2021, and renewing its energy supply and water and wastewater treatment facilities. Its third corrugated box plant in Cambodia began operations in February 2020, and its fourth plant in India began operations in March 2020. Construction is under way on Indonesia's first corrugated box plant, scheduled to begin operations in early 2021. The Group also decided to build its ninth new corrugated box plant in Malaysia's southern region and its tenth in the central region, scheduled to begin operations in early 2022 and June 2022, respectively, as well as its sixth new corrugated box plant in Vietnam, scheduled to begin operations in May 2022.」
In our packaging business, focused on Southeast Asia, India and Oceania, we added plans for new sites, including Malaysia's tenth and Vietnam's sixth, and continue to expand our network. - FY2021-Q2AdvancedAnnual report
「The Group's third corrugated box plant in Cambodia began operations in February 2020, and its fourth plant in India began operations in March 2020. Construction is under way on Indonesia's first corrugated box plant, scheduled to begin operations in early 2021. The Group also decided to build its ninth new corrugated box plant in Malaysia, scheduled to begin operations in early 2022, and its sixth new corrugated box plant in Vietnam, scheduled to begin operations in May 2022.」
Cambodia's third and India's fourth plants began operations in the target regions, and plans for Indonesia's first, Malaysia's ninth and Vietnam's sixth corrugated packaging sites were added, with scheduled start-up dates. - FY2021-Q1AdvancedAnnual report
「Overseas, to further strengthen our business base, we are expanding the containerboard machine in Malaysia (scheduled to begin operations in April 2021) and renewing energy supply, water treatment and wastewater facilities. Cambodia's third and India's fourth corrugated packaging plants began operations in February and March 2020, respectively, and we are building Indonesia's first corrugated packaging plant (scheduled to begin operations during 2020). We have also decided to build Malaysia's ninth new corrugated packaging plant. In addition, in New Zealand, we are proceeding with the construction and relocation of a corrugated packaging plant in Christchurch (scheduled to begin operations in the first half of fiscal 2021).」
The disclosure covers the start-up of Cambodia's third and India's fourth plants, construction of Indonesia's first plant, the decision to build Malaysia's ninth plant, and the construction and relocation of a plant in New Zealand, reflecting continued overseas expansion. - FY2020AdvancedAnnual report
「In July 2019, Vietnam's fifth corrugated packaging plant began operations; in February 2020, Cambodia's third; and in March 2020, India's fourth. We are also building Indonesia's first corrugated packaging plant (scheduled to begin operations during 2020). In addition, in New Zealand, we are proceeding with the construction and relocation of a corrugated packaging plant in Christchurch (scheduled to begin operations in the first half of fiscal 2021).」
The disclosure covers the start-up of Vietnam's fifth, Cambodia's third and India's fourth plants, as well as construction of Indonesia's first plant and the construction and relocation of a plant in New Zealand. - FY2020-Q3AdvancedAnnual report
「In July 2019, Vietnam's fifth corrugated packaging plant began operations, and in February 2020 Cambodia's third plant began operations. We are also building India's fourth plant (scheduled to begin operations in March 2020) and Indonesia's first corrugated packaging plant (scheduled to begin operations during 2020). In addition, in New Zealand, we decided to build and relocate a corrugated packaging plant operated by Oji Fibre Solutions in Christchurch (scheduled to begin operations in January 2021).」
Overseas expansion progressed through the start-up of Vietnam's fifth and Cambodia's third plants, construction of new plants in India and Indonesia, and the decision to build and relocate a plant in New Zealand. - FY2020-Q1RestatedAnnual report
「Overseas, we are expanding the containerboard machine in Malaysia (scheduled to begin operations in April 2021), renewing energy supply, water treatment and wastewater facilities, and increasing production capacity at two existing corrugated packaging plants to further strengthen our business base. In addition, Vietnam's fifth corrugated packaging plant began operations in July 2019, while we are building India's fourth plant (scheduled to begin operations in March 2020) and Cambodia's third plant (scheduled to begin operations in January 2020).」
We continue to expand plants, increase capacity and pursue construction plans in Southeast Asia and India. - FY2019-Q3AdvancedAnnual report
「We are also building new corrugated packaging plants in each country. In India, where the third plant began operations in 2018, the fourth site is under construction (scheduled to begin operations in March 2020); in Vietnam, the fifth site is under construction (scheduled to begin operations in July 2019); and in Cambodia, the third site is under construction (scheduled to begin operations in January 2020). In addition, we decided to build Indonesia's first corrugated packaging plant as a joint venture with Purinusa Ekapersada, a member of the Sinar Mas Group, with operations scheduled to begin in 2020.」
In addition to the start-up of India's third plant and construction of India's fourth, Vietnam's fifth and Cambodia's third sites, we decided to build Indonesia's first corrugated packaging plant as a joint venture. - FY2019-Q2AdvancedAnnual report
「The Group is also proceeding with construction of new corrugated box plants in various countries: its fifth site in Vietnam, scheduled to begin operations in July 2019; its third and fourth sites in India, scheduled to begin operations in December 2018 and March 2020, respectively; and its third site in Cambodia, scheduled to begin operations in January 2020.」
In our packaging business, focused on Southeast Asia, India and Oceania, we are making concrete progress on building new sites in Vietnam, India and Cambodia. - FY2019-Q1AdvancedAnnual report
「We have begun expansion work at two existing plants producing corrugated packaging in central Malaysia, which will double production capacity (scheduled to begin operations in December 2018). In addition, we are building a new plant in Vietnam, our fifth corrugated packaging production site (scheduled to begin operations in July 2019), and a new plant in India, our third corrugated packaging production site (scheduled to begin operations in December 2018).」
Specific overseas expansion projects are under way or under construction, including doubling production capacity in Malaysia, establishing Vietnam's fifth site and establishing India's third site. - FY2018-Q3AdvancedAnnual report
「In Southeast Asia, following the 2016 acquisition of a Malaysian corrugated packaging manufacturer and distributor, we began commercial operations at our second plant in Myanmar. In Malaysia, where steady demand growth is expected, we decided to expand the containerboard machine at GS Paper & Packaging Sdn.Bhd. (scheduled to begin operations in April 2021) and renew its energy supply, water treatment and wastewater facilities to further strengthen our integrated corrugated packaging and containerboard business base. We also decided to expand two existing plants producing corrugated packaging in central Malaysia, doubling their production capacity (scheduled to begin operations in December 2018). In addition, we decided to build a new plant in Vietnam, our fifth corrugated packaging production site (scheduled to begin operations in July 2019), and a new corrugated packaging plant in Chennai, India (scheduled to begin operations in December 2018).」
We decided on multiple corrugated packaging investments in Southeast Asia and India, adding specific expansion plans to double production capacity in Malaysia and establish Vietnam's fifth site and a plant in Chennai, India. - FY2018-Q2AdvancedAnnual report
「Overseas, we are expanding primarily in Southeast Asia, India and Oceania. In Southeast Asia, following the 2016 acquisition of a Malaysian corrugated packaging manufacturer and distributor, we began commercial operations at our second plant in Myanmar. A new corrugated packaging plant in Queensland also began commercial operations in October 2017.」
In addition to starting operations at the second Myanmar plant, we acquired a corrugated packaging processing business in Australia and also began operations at a new plant. - FY2018-Q1AdvancedAnnual report
「Overseas, the Company is pursuing expansion centered on Southeast Asia, India and Oceania. In Southeast Asia, following its acquisition of a Malaysian corrugated board manufacturing and sales company in 2016, it began commercial operations at its second plant in Myanmar. The Company also plans to build a new corrugated board plant in Malaysia, where steady demand growth is expected, and is considering expanding containerboard production capacity to further strengthen its integrated corrugated board processing and containerboard business platform. Construction of the new corrugated board plant in Australia is progressing smoothly toward the start of commercial operations in October 2017.」
The Company is expanding its operations in the target regions, including the start of commercial operations at the second plant in Myanmar, plans for a new plant in Malaysia, and the scheduled start of commercial operations at the Australian plant. - FY2017-Q3AdvancedAnnual report
「In November, the Company began operating its second corrugated board plant in Myanmar. In Australia, it is also proceeding with construction of a new corrugated board plant, with commercial operations scheduled to begin in October 2017.」
Following the start of operations at the second plant in Myanmar, the Company is building a new plant in Australia, with commercial operations scheduled to begin in October 2017. - FY2017-Q2AdvancedAnnual report
「More recently, Ojitex (Vietnam) Co., Ltd.’s second corrugated board plant began operations in March 2016, and the acquisition of Dazun Paper Industrial Company Sdn. Bhd., a Malaysian corrugated board manufacturing and sales company, was completed in September.」
Following the start of operations at the second corrugated board plant in Vietnam, the Company completed the acquisition of the Malaysian company and is pursuing expansion of its packaging business in Southeast Asia, India and Oceania. - FY2017-Q1AdvancedAnnual report
「Overseas, the Company is pursuing expansion centered on Southeast Asia, India and Oceania. More recently, it decided in February 2016 to acquire Dazun Paper Industrial Company Sdn. Bhd., a Malaysian corrugated board manufacturing and sales company, and in March, Ojitex (Vietnam)’s second corrugated board plant began operations.」
The Company described the decision to acquire a Malaysian company and the start of operations at a second corrugated board plant in Vietnam as specific progress in expanding its overseas packaging business. - FY2016First statedAnnual report
「Overseas, the Company is pursuing expansion in Southeast Asia, India and Oceania. Corrugated board plants began operations in Myanmar in May 2015, India in December 2015 and Vietnam in March 2016.」
The Company cited the regions and plant start dates, giving concrete form to the overseas expansion of its packaging business through facility operations.