Rengo President Yosuke Kawamoto (川本洋祐) expressed a sense of urgency over improving profit margins in the corrugated packaging industry and securing talent. The adjusted operating margin was only 4% for the fiscal year ending March 2026.
Rengo is advancing consolidation in the corrugated packaging industry, which has many small and midsize companies. It says that intense price competition has kept profit margins in the paper and pulp industry at a low level even across the manufacturing sector.
President Yosuke Kawamoto (川本洋祐) said, “We need to improve profitability across the industry,” and outlined a policy aimed at improving earnings in the corrugated packaging industry.
It was pointed out that the adjusted operating margin was only 4% for the fiscal year ending March 2026, below the manufacturing average.