Message from the President

Working on a New Medium-term Business Plan
to Realize Our Long-term Vision

Let me begin by expressing my appreciation for your continued support of Japan Pulp & Paper across all of our operations.

Under Medium-term Business Plan 2023, which ran through to March 2024, the company achieved its consolidated ordinary profit target of JPY 15 billion originally set for the final year in each of the three years of the plan, and during this period also succeeded in building stable earnings power, robust financial strength, and a geographical platform.

Furthermore, I regard the assets currently possessed by the Japan Pulp & Paper Group as comprising these attributes combined with the values of integrity, fairness, and harmony that we have cherished for many years as part of our Corporate Philosophy; the trust we have built up over our 179 years in business (our greatest strength); and the organizational capabilities, ability to make proposals, and technological strengths we cultivated while expanding into the five business domains of Japan Wholesaling, Non- Japan Wholesaling, Paper Manufacturing & Processing, Raw Materials & Environment, and Real Estate Leasing.
When we first began this formulation process back in the year 2020, we defined where we wanted to be in 2030 in the form of OVOL Long-term Vision 2030. The new three-year Medium-term Business Plan 2026 takes a backcasting approach to describe how we should build on the assets and strengths acquired during Medium-term Business Plan 2023 to bridge the gap between our current situation and OVOL Vision 2030 with the aim of achieving this vision, as well as the initiatives we should implement during these three years to do so. I regard the three years of Medium-term Business Plan 2026 as a period during which we will create new structures and systems to achieve our long-term business strategy, OVOL Long-term Vision 2030.

OVOL Long-term Vision 2030 is based on the following three Fundamental Principles:
①Expand communication within and outside the group to significantly increase the value provided by our functions, services, and other offerings;
②Raise the capabilities of our human resources and dramatically increase work engagement;
③Fully utilize M&As to rapidly expand our business in new and existing areas