Major companies of the pulp and paper industry Japan 2023, by total assets

As of September 2023, Oji Holdings Corporation topped the ranking of pulp and paper companies in Japan, with total assets worth over two trillion Japanese yen. The Japanese pulp and paper company was founded in 1873. 

Oji Holdings Corporation

Oji Holdings Corporation was named after the location of its first mill in the village of Oji, which was a suburb of Tokyo at the time. The company produces paper for printing, writing, and packaging as well as cups and containers made from paper products. In recent years, household and industrial materials constituted the business segment with the largest sales volume, followed by forest resources and environment marketing. Oji Holdings Corporation's revenue has been rising throughout the past decade, highlighting the expansion of the company.

Pulp and paper industry in Japan

Japan had the third largest production volume of paper and cardboard in the world, following China and the United States. The paper and paperboard production volume remained at around the same level throughout the past decade. Even though the paper consumption volume in Japan decreased in recent years, the country had the third highest consumption volume of paper and paperboard in the world.