Introducing the OVOL Japan Pulp & Paper Group Global Network - with the ability to purchase and supply the optimal paper products to meet the needs of customers no matter where in the world they might be.
Our first foray into the global arena dates back to 1899. Since then we have continued to do business in a number of countries and regions with differing cultures and business customs. We have firmly established ourselves in each region and are building on our know-how as we continue to expand our business activities throughout the world. We currently have paper distribution operations with inventory and delivery functions in the U.S., the U.K., Ireland, Australia, New Zealand, Hong Kong, Singapore, Malaysia, and India, and have established systems to enable the stable supply of products throughout each region. This has allowed us to extend our range of services beyond merely supplying printing and paper processing companies, to now include the delivery of products such as photo copying papers, labels, and films directly to consumers as we continue to promote the “glocalization” of our business.
By maximizing the strengths rooted in each country and region, the group aims to create synergies on a global scale, and become the world’s leading paper distribution group.
Our first foray into the global arena dates back to 1899. Since then we have continued to do business in a number of countries and regions with differing cultures and business customs. In recent years, through M&A in strategic global markets we have expanded our network to include leading paper distributors from every region of the globe. We have paper distribution operations with inventory and delivery functions in the U.S., the U.K., Ireland, Australia, New Zealand, Hong Kong, Singapore, Malaysia, and India, and are promoting glocalization, through activities such as, the development of businesses rooted in local regions. In doing this we are continuing to take on the challenge of becoming the world's leading paper distribution company.
In addition, these bases are also adopting a leaner corporate structure through business structure reforms that have been underway for some time. Furthermore, in fiscal 2021, in addition to the impact of structural reforms, paper prices increased significantly due to tightening supply and demand at our major operating bases in the U.S., the U.K., Australia, New Zealand, and other countries, which led to a substantial improvement in results.
We will continue our efforts to become the world's leading paper distribution company, one of our goals, by making full use of our global network and sharing and coordinating our know-how, information and products throughout the group worldwide, as well as by further promoting rationalization.