Expanding the Overseas Business
First written in FY2016. 24 of 33 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2023: 2 of 18 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We will concentrate growth investment on strategic businesses, including areas such as India and Southeast Asia, where strong economic growth is expected, as well as sustainable packaging and the wood biomass business.」
The policy for expanding the overseas business clearly links concentrated investment in growth regions such as India and Southeast Asia with sustainable packaging and the wood biomass business. - 2026-05-15AchievedEarnings
「In January 2026, the acquisition was completed of AustroCel, an Austrian company regarded as Europe’s most advanced biorefinery company, which operates a dissolving pulp and bioethanol manufacturing and sales business.」
AustroCel progressed from the acquisition agreement stage to completion of the acquisition and consolidation as a subsidiary. - FY2026-H1Overseas business expansion alongside withdrawal from and divestment of businessesAnnual report
「Meanwhile, at Oji Fibre Solutions in New Zealand, we withdrew from the corrugating medium business in June 2025 in response to changes in the business environment and decided in September to sell the Australian packaging business. In Europe, we will expand sustainable packaging globally, centered on Finland's Walki, which has advanced raw-material processing technologies in the field of plastic-free packaging, and Italy's IPI, which manufactures and sells converting paper and filling machines for liquid paper containers.」
The overseas business shifted toward a combination of expansion in existing regions, withdrawal from the corrugating medium business in New Zealand, the decision to sell the Australian packaging business, and expansion of sustainable packaging in Europe. - 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.」
The European overseas packaging business advanced from the signing of the agreement to acquire all shares of Walki to completion of the acquisition and its consolidation as a subsidiary on 11 April 2024. - 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.」
A new plant began operations in Southeast Asia in October of fiscal 2023, and an additional plant in India is scheduled to begin operations in the second half of fiscal 2024. - FY2024-Q2AdvancedAnnual report
「In October 2023, as part of the "Initiatives to Improve Profitability -Profitability-" program, we entered into a share transfer agreement to acquire all shares 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.」
The overseas business expanded its geographic scope from Southeast Asia, India and Oceania to Europe, culminating in the signing of an agreement to acquire all shares of Finnish company Walki. - 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 utilization of the new machine in Southeast Asia improved and sales in Australia expanded, the overseas sales ratio fell 3.3 percentage points year on year 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 company states that 3 overseas packaging plants in Malaysia and Vietnam began operations, with an additional plant scheduled to begin operations in Vietnam in the first half of fiscal 2023. - FY2023-Q3AdvancedAnnual report
「The overseas sales ratio of the Group was 38.7%, 6.4 percentage points higher than in the same quarter of the previous year.」
The increase in the overseas sales ratio provided additional confirmation of quantitative progress in expanding the overseas business. - FY2023-Q3AdvancedAnnual report
「The overseas sales ratio of the Group was 38.7%, 6.4 percentage points higher than in the same quarter of the previous year.」
The overseas sales ratio rose 6.4 percentage points year on year to 38.7%, providing a new indication of progress in expanding the overseas business. - FY2023-Q2AdvancedAnnual report
「The overseas sales ratio of the Group was 38.5%, 6.1 percentage points higher than in the same quarter of the previous year.」
The overseas sales ratio rose 6.1 percentage points year on year to 38.5%. - FY2023-Q1AdvancedAnnual report
「Overseas, the Group will continue expanding its packaging business, mainly in Southeast Asia. In Southeast Asia, leveraging the corrugated medium machine that began operations in Malaysia in October 2021, the Group will further advance its integrated base-paper and processing operations in the region and strengthen cost competitiveness. In the downstream corrugated box business, the Group is actively expanding through new plant construction and M&A to meet strong demand. Three new corrugated box 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 addition to leveraging the Malaysian base-paper machine to integrate base-paper and processing operations, the Group specified the start of operations at 3 plants in Malaysia and Vietnam and the planned start of operations at 1 additional plant, making the expansion of its overseas operations more concrete. - FY2022-Q3AdvancedAnnual report
「In addition to Indonesia's first corrugated box plant, which began operations in March 2021, the Group is constructing new corrugated box plants in northern and southern Vietnam and central and southern Malaysia, scheduled to begin operations successively from the second half of fiscal 2021 through the first half of fiscal 2023. 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 New Zealand, the Group is strengthening its business base by constructing and relocating a corrugated box plant in Christchurch, with operations scheduled to begin successively from November 2021.」
The Group reports construction of new plants in Southeast Asia, the acquisition of 80% of Empire Packages, and the successive start of operations at its New Zealand plant, indicating continued overseas site expansion and M&A activity. - 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.」
The Group newly disclosed its acquisition of 80% of the outstanding shares of Empire Packages, an Indian corrugated box manufacturer and seller, making its plan to expand the business by leveraging the company's customer base more concrete. The overseas sales ratio also rose 3.8 percentage points year on year to 32.4%. - FY2022-Q1AdvancedAnnual report
「The Group's overseas sales ratio reached 32.4%, up 3.7 percentage points from the same quarter of the previous year.」
The overseas sales ratio rose 3.7 percentage points year on year to 32.4%, recovering from its downward trend through the previous fiscal year. - 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.」
Indonesia's first corrugated box plant began operations, and plans to build new plants in Vietnam and Malaysia were added with scheduled start dates. - 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.」
The Group specified the scheduled start of operations for the additional corrugated medium machine in Malaysia, and decided to build new plants at its ninth and tenth sites in Malaysia and its sixth site in Vietnam, with scheduled start dates, making overseas site expansion more concrete. - 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.」
Overseas site expansion progressed through the start of operations at the third plant in Cambodia and the fourth plant in India, construction of Indonesia's first plant, and decisions to build the ninth plant in Malaysia and the sixth plant in Vietnam. - FY2021-Q1AdvancedAnnual report
「In overseas operations, in addition to expanding the number of overseas sites, the Group is pursuing organic expansion from existing sites, including developing new businesses using existing infrastructure, and advancing the creation of synergies among businesses and sites. The Group's overseas sales ratio was 28.7%, down 2.7 percentage points from the same quarter of the previous year.」
While continuing to expand overseas sites, develop new businesses using existing infrastructure and create synergies among sites, the Group's overseas sales ratio declined 2.7 percentage points year on year to 28.7%. - FY2020Continued decline in the overseas sales ratioAnnual report
「In overseas operations, in addition to expanding the number of overseas sites, the Group pursued organic expansion from existing sites, including developing new businesses using existing infrastructure, and advanced the creation of synergies among businesses and sites. The Group's overseas sales ratio was 29.9%, down 2.1 percentage points from the previous fiscal year.」
While expanding overseas sites, developing new businesses using existing infrastructure and creating synergies among sites, the Group's overseas sales ratio declined 2.1 percentage points from the previous fiscal year to 29.9%. - FY2020-Q3Lower overseas revenue ratioAnnual report
「In overseas operations, in addition to expanding the number of overseas sites, the Group pursued organic expansion from existing sites, including developing new businesses using existing infrastructure, and advanced the creation of synergies among businesses and sites. The Group's overseas sales ratio was 29.3%, down 2.9 percentage points from the same quarter of the previous year.」
While expanding overseas sites, developing new businesses using existing infrastructure and creating synergies among sites, the Group's overseas sales ratio declined to 29.3%. - FY2020-Q1Lower overseas revenue ratioAnnual report
「The overseas sales ratio was 31.4%, down 0.4 percentage points from the same quarter of the previous year.」
Although the policy of expanding overseas operations continues, the overseas sales ratio declined 0.4 percentage points year on year. - FY2019ReframedAnnual report
「Under "expanding overseas operations," the Group will pursue organic expansion from existing sites and create synergies among businesses and sites.」
The policy for expanding overseas operations has been refined to emphasize not only expanding new sites but also organic expansion from existing sites and the creation of synergies among sites. - FY2019-Q3AdvancedAnnual report
「"The expansion of overseas operations" is progressing steadily, and the Group's overseas sales ratio reached 32.1%, up 2.1 percentage points from the same quarter of the previous year.」
The overseas sales ratio rose to 32.1%, providing a numerical indication of progress in expanding overseas operations. Plans to expand its sites were also augmented, including the decision to jointly build Indonesia's first corrugated box plant. - 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.」
The Group is constructing multiple new plants in Vietnam, India and Cambodia, making the expansion of its overseas operations more concrete by specifying the number of new sites and their scheduled start dates. - FY2019-Q1AdvancedAnnual report
「At GS Paperboard & Packaging Sdn.Bhd. in Malaysia, the Group decided to add a corrugated medium machine, scheduled to begin operations in April 2021, and renew its energy supply and water and wastewater treatment facilities. It subsequently began expansion work at two existing corrugated box plants in central Malaysia, doubling their production capacity, with operations scheduled to begin in December 2018. In addition, construction is under way on a new plant in Vietnam, its fifth corrugated box manufacturing site, scheduled to begin operations in July 2019, and a new plant in India, its third corrugated box manufacturing site, scheduled to begin operations in December 2018.」
Expansion work to double the production capacity of two existing plants in Malaysia has begun, while new plants at the fifth site in Vietnam and the third site in India are under construction, indicating that overseas facility expansion has progressed from the decision and planning stages to construction. - FY2018-Q3AdvancedAnnual report
「In Malaysia, where steady demand growth is expected, the Group decided to add a corrugated medium machine at GS Paper & Packaging Sdn.Bhd. (scheduled to begin operations in April 2021) and renew its energy supply and water and wastewater treatment facilities to further strengthen its integrated corrugated box processing and base-paper business. It subsequently decided to expand two existing corrugated box plants in central Malaysia, doubling their production capacity, with operations scheduled to begin in December 2018. In addition, it decided to build a new plant in Vietnam, its fifth corrugated box manufacturing site, with operations scheduled to begin in July 2019, and a new corrugated box plant in Chennai, India, with operations scheduled to begin in December 2018.」
The Group decided to add a base-paper machine and expand two existing plants in Malaysia, build a new plant in Vietnam, its fifth site, and build a plant in Chennai, India, making its overseas site expansion plans more concrete. - FY2018-Q2AdvancedAnnual report
「In Australia, the Group acquired the corrugated box processing business of Cardboard Cartons Pty Ltd. near Melbourne in September 2017. A new corrugated box plant in Queensland also began commercial operations in October 2017.」
The Group completed its acquisition of a corrugated box processing business in Australia, and its new plant in Queensland began commercial operations in October 2017. - FY2018-Q1AdvancedAnnual report
「Overseas, the Group is expanding its operations mainly in Southeast Asia, India and Oceania. In Southeast Asia, following its 2016 acquisition of a Malaysian corrugated box manufacturer and seller, the Group began commercial operations at its second plant in Myanmar. In Malaysia, where steady demand growth is expected, the Group is planning to build a new corrugated box plant and considering increasing corrugated medium production capacity to further strengthen its integrated corrugated box processing and base-paper business. Construction of a new corrugated box plant in Australia is progressing steadily toward the start of commercial operations in October 2017. Going forward, the Group will continue expanding its sites, including into countries where it has not yet established operations, such as Indonesia and the Philippines, while deepening coordination across Southeast Asia, India and Oceania to strengthen its manufacturing and sales network and profitability.」
The Group reports the start of commercial operations at its second plant in Myanmar, consideration of a new plant and increased base-paper production capacity in Malaysia, progress toward the October 2017 start of commercial operations at the Australian plant, and a policy of expanding into countries where it has not yet established operations. - FY2017-Q3AdvancedAnnual report
「Recently, the Group completed its acquisition in September 2016 of Dazun Paper Industrial Company Sdn. Bhd., a Malaysian manufacturer and seller of corrugated boxes, and began operations at its second corrugated box plant in Myanmar in November. Preparations are also under way at the plant for flexible packaging and paper cup operations, with commercial operations scheduled to begin in March 2017. In Australia, construction of a new corrugated box plant is under way, with commercial operations scheduled to begin in October 2017.」
Operations began at the second corrugated box plant in Myanmar, while preparations for flexible packaging and paper cup operations and construction of a new corrugated box plant in Australia also moved forward. - FY2017-Q2AdvancedAnnual report
「Recently, Ojitex (Vietnam) Co.,Ltd.'s second corrugated box plant began operations in March 2016, and the Group completed its acquisition in September of Dazun Paper Industrial Company Sdn. Bhd., a Malaysian manufacturer and seller of corrugated boxes. In addition to its policy of continuing to expand its sites, primarily in Southeast Asia, the Group will expand its manufacturing and sales network through coordination across Southeast Asia, India and Oceania, while strengthening profitability.」
The acquisition of the Malaysian corrugated box manufacturer and seller progressed from the decision stage to completion, and the policy of expanding a cross-regional manufacturing and sales network was made more concrete. - FY2017-Q1RestatedAnnual report
「Under these management principles, the Group has established "expanding overseas operations," "focusing on and advancing domestic operations," and "strengthening its financial base" as the basic policies of its group management strategy.」
The Group continues to pursue the expansion of overseas operations as a basic policy of its group management strategy. - FY2016First statedAnnual report
「To achieve this target, the Group is undertaking the following initiatives.」
The Group has positioned expanding overseas operations as a basic policy of its group management strategy, alongside focusing on and advancing domestic operations and strengthening its financial base.