Nippon Paper Group
Encyclopedia
Nippon Paper Group, Inc., formerly known as Nippon Unipac Holding, is a Japan
ese company. It is listed on the Nikkei 225
. Its subsidiaries include Nippon Daishowa Paperboard Co,. Ltd. and Nippon Paper Industries Co., Ltd.: the company has 146 subsidiaries
and 51 associate companies
.
It is listed under the world's top 10 pulp and paper industry
companies year-over-year.
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese company. It is listed on the Nikkei 225
Nikkei 225
The , more commonly called the Nikkei, the Nikkei index, or the Nikkei Stock Average , is a stock market index for the Tokyo Stock Exchange . It has been calculated daily by the Nihon Keizai Shimbun newspaper since 1950. It is a price-weighted average , and the components are reviewed once a year...
. Its subsidiaries include Nippon Daishowa Paperboard Co,. Ltd. and Nippon Paper Industries Co., Ltd.: the company has 146 subsidiaries
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
and 51 associate companies
Associate company
An associate company in accounting and business valuation is a company in which another company owns a significant portion of voting shares, usually 20–50%. In this case, an owner does not consolidate the associate's financial statements. Ownership of over 50% creates a subsidiary, with its...
.
It is listed under the world's top 10 pulp and paper industry
Pulp and paper industry
The global pulp and paper industry is dominated by North American , northern European and East Asian countries...
companies year-over-year.
History
- 1949 - Jujo Paper Co., Ltd. is founded
- 1968 - Jujo Paper merges with Tohoku Pulp Co., Ltd.
- April 1, 1993 - Upon merger of Jujo Paper Co., Ltd. and Sanyo‐Kokusaku Pulp Co., Ltd., the company is renamed to Nippon Paper Industries
- 2001 - Nippon Unipac Holding is formed by the merger of Nippon Paper Industries Co., Ltd. and Daishowa Paper Manufacturing Co., Ltd.
- 2003 - Both companies' paperboard divisions are merged to form Nippon Daishowa Paperboard
- 2004 - Nippon Unipac Holding is renamed to Nippon Paper Group, Inc.