Business Alliance with Chuetsu Pulp & Paper Co., Ltd.
First written in FY2016. 4 of 9 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2021-Q1.
No other company in this theme has enough history to compare yet.
- FY2021-Q1RestatedAnnual report
「In November 2019, we began jointly procuring imported wood chips, the principal raw material for our papermaking business, with Chuetsu Pulp & Paper Co.,Ltd. and Mitsubishi Paper Mills Limited, as a three-company initiative to reduce raw-material procurement costs. We will pursue further cost reductions through more efficient operation of chip carriers, expansion of direct trade, optimization of suppliers and greater operational efficiency.」
We continue to pursue joint procurement by Chuetsu Pulp & Paper Co.,Ltd., Mitsubishi Paper Mills Limited and ourselves, together with initiatives to reduce procurement costs. - FY2020AdvancedAnnual report
「In November 2019, we began jointly procuring imported wood chips, the principal raw material for our papermaking business, with Chuetsu Pulp & Paper Co.,Ltd. and Mitsubishi Paper Mills Limited, as a three-company initiative to reduce raw-material procurement costs.」
Under the alliance with Chuetsu Pulp & Paper Co.,Ltd., joint procurement of imported wood chips by the three companies, including Mitsubishi Paper Mills Limited, began in November 2019. - FY2018-Q3RestatedAnnual report
「At O&Cアイボリーボード株式会社, a joint venture established as part of our capital and business alliance with Chuetsu Pulp & Paper Co.,Ltd., commercial production of high-grade white coated paperboard, for which stable demand is expected, began in October 2017.」
This reiterates the start of commercial production of high-grade white coated paperboard under the alliance with Chuetsu Pulp & Paper Co.,Ltd. - FY2018-Q2AdvancedAnnual report
「At O&Cアイボリーボード株式会社, a joint venture established as part of our capital and business alliance with Chuetsu Pulp & Paper Co.,Ltd., commercial production of high-grade white coated paperboard, for which stable demand is expected, began in October 2017.」
Under the alliance with Chuetsu Pulp & Paper Co.,Ltd., O&Cアイボリーボード株式会社 began commercial production of high-grade white coated paperboard. - FY2018-Q1AdvancedAnnual report
「At O&Cアイボリーボード株式会社, a joint venture established as part of our capital and business alliance with Chuetsu Pulp & Paper Co.,Ltd., commercial production of high-grade white coated paperboard, for which stable demand is expected, is scheduled to begin in August 2017.」
The alliance with Chuetsu Pulp & Paper Co.,Ltd. has taken concrete form, with commercial production of high-grade white coated paperboard at the joint venture O&Cアイボリーボード株式会社 scheduled to begin in August 2017. - FY2017-Q3RestatedAnnual report
「As part of our capital and business alliance with Chuetsu Pulp & Paper Co.,Ltd., we established the intermediate holding company O&Cペーパーバッグホールディングス株式会社 in May 2016 for our collaboration in the paper-bag business. After strengthening our domestic business base through rationalization of the production structure and other measures, we will actively expand overseas from the existing locations of both companies and grow the paper-bag business.」
We continue to promote collaboration with Chuetsu Pulp & Paper Co.,Ltd. in the paper-bag business following the establishment of the intermediate holding company. - FY2017-Q2RestatedAnnual report
「Regarding the collaboration in the paper bag business pursued as part of the capital and business alliance with Chuetsu Pulp & Paper Co.,Ltd., we established O&Cペーパーバッグホールディングス株式会社, an intermediate holding company, in May 2016. After strengthening the domestic business through streamlining of the production structure and other measures, we will actively expand overseas from the existing locations of both companies and grow the paper bag business.」
We continue to promote collaboration with Chuetsu Pulp & Paper Co.,Ltd. in the paper-bag business following the establishment of the intermediate holding company. - FY2017-Q1AdvancedAnnual report
「As part of our capital and business alliance with Chuetsu Pulp & Paper Co.,Ltd., we established the intermediate holding company O&Cペーパーバッグホールディングス株式会社 in May 2016 for our collaboration in the paper-bag business. After strengthening our domestic business through rationalization of the production structure and other measures, we will actively expand overseas from the existing locations of both companies and grow the paper-bag business.」
The alliance with Chuetsu Pulp & Paper Co.,Ltd. has advanced to the concrete stage of establishing an intermediate holding company for the paper-bag business. - FY2016First statedAnnual report
「In May 2015, we entered into a business alliance with Chuetsu Pulp & Paper Co.,Ltd. and subscribed to a third-party allotment of shares. This made Chuetsu Pulp & Paper Co.,Ltd. an equity-method affiliate. Through joint ventures for the joint procurement of imported wood chips, the production of high-grade white coated paperboard and the paper-bag business, we are implementing cost-rationalization measures, entering new business areas and seeking to enhance corporate value.」
The third-party allotment subscription, three joint ventures and initiatives to rationalize costs and enter new fields are being pursued as an integrated set of measures.