Prices as of 2026/10/30 close
Company comparison · Paper & Paper Distribution




Oji Holdings is the largest by revenue at ¥1.9T, followed by Nippon Paper (¥1.2T), KPP (¥650.4B) and Japan Pulp & Paper (¥554.5B).
Japan Pulp & Paper has the highest operating margin at 2.7%, 1.2 points above the lowest, KPP (1.5%).
Revenue growth in the latest results: Japan Pulp & Paper +3.8%, Nippon Paper +0.9%, Oji Holdings +0.7%, KPP −2.9%. For next year, Oji Holdings guides for the fastest operating profit growth (+73.5%).
Japan Pulp & Paper pays the most on average (¥8.90M), ¥1.98M more than Nippon Paper (¥6.92M).
Over the past year the shares moved Japan Pulp & Paper +90.9%, KPP +49.2%, Nippon Paper +11.3%, Oji Holdings +4.5%.
Head-to-head wins18 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Oji Holdings aheadOji Holdings 3 : Nippon Paper 0 : KPP 0 : Japan Pulp & Paper 0
Revenue: Oji Holdings ¥1.9T / Nippon Paper ¥1.2T / KPP ¥650.4B / Japan Pulp & Paper ¥554.5B
ProfitabilityInvestors
Oji Holdings aheadOji Holdings 2 : Nippon Paper 0 : KPP 1 : Japan Pulp & Paper 1
Operating margin: Oji Holdings 1.9% / Nippon Paper 2.1% / KPP 1.5% / Japan Pulp & Paper 2.7%
GrowthInvestors
Oji Holdings aheadOji Holdings 2 : Nippon Paper 1 : KPP 1 : Japan Pulp & Paper 1
Revenue growth (YoY): Oji Holdings +0.7% / Nippon Paper +0.9% / KPP −2.9% / Japan Pulp & Paper +3.8%
Stock & balance sheetInvestors
Japan Pulp & Paper aheadOji Holdings 0 : Nippon Paper 0 : KPP 0 : Japan Pulp & Paper 3
Share price, 1 year: Oji Holdings +4.5% / Nippon Paper +11.3% / KPP +49.2% / Japan Pulp & Paper +90.9%
Pay & workforceJob seekers
EvenOji Holdings 0 : Nippon Paper 1 : KPP 1 : Japan Pulp & Paper 1
Average salary: Oji Holdings ¥8.45M / Nippon Paper ¥6.92M / Japan Pulp & Paper ¥8.90M
| Metric | Oji Holdings | Nippon Paper | KPP | Japan Pulp & Paper |
|---|---|---|---|---|
| Revenue | ◎¥1.9T | ¥1.2T | ¥650.4B | ¥554.5B |
| Operating profit | ◎¥34.6B | ¥25.2B | ¥10.1B | ¥15.1B |
| Net income | ◎¥55.6B | ¥11.7B | ¥5.6B | ¥7.6B |
| Metric | Oji Holdings | Nippon Paper | KPP | Japan Pulp & Paper |
|---|---|---|---|---|
| Operating margin | 1.9% | 2.1% | 1.5% | ◎2.7% |
| Net margin | ◎3.0% | 1.0% | 0.9% | 1.4% |
| ROE | — | 2.4% | ◎6.4% | 5.8% |
| Revenue per employee | ◎¥4.4B | ¥237M | — | ¥762M |
| Metric | Oji Holdings | Nippon Paper | KPP | Japan Pulp & Paper |
|---|---|---|---|---|
| Revenue growth (YoY) | +0.7% | +0.9% | −2.9% | ◎+3.8% |
| Operating profit growth (YoY) | −48.9% | ◎+27.9% | −25.6% | −13.4% |
| Revenue CAGRlast 5 years | ◎+6.5% | — | — | +4.6% |
| Guidance: revenue growthnext FY plan | +4.2% | +2.3% | ◎+9.2% | — |
| Guidance: op. profit growthnext FY plan | ◎+73.5% | −0.8% | +9.2% | +9.5% |
| Metric | Oji Holdings | Nippon Paper | KPP | Japan Pulp & Paper |
|---|---|---|---|---|
| Share price, 1 year | +4.5% | +11.3% | +49.2% | ◎+90.9% |
| Share price, 3 months | −8.4% | −11.3% | +1.8% | ◎+23.6% |
| P/E (trailing)lower = cheaper | — | 12.6x | 13.1x | 22.6x |
| Equity ratio | — | 31.1% | 23.9% | ◎37.1% |
| Share price (close) | ¥817.8 | ¥1,282 | ¥1,144 | ¥1,388 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Oji Holdings | Nippon Paper | KPP | Japan Pulp & Paper |
|---|---|---|---|---|
| Average salary | ¥8.45M | ¥6.92M | — | ◎¥8.90M |
| Starting salary (monthly) | ¥237,000 | ¥248,700 | ◎¥290,000 | ¥280,000 |
| Average tenure | 17.2 yrs | ◎21.0 yrs | 9.3 yrs | 20.4 yrs |
| Average age | 45.1 | 43.8 | 46.5 | 44.4 |
| Employees | 423 | 5,028 | 36 | 728 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥817.8+4.5% (1Y)
Oji Holdings +4.5% over 1Y. Compared: Nippon Paper +11.3%, KPP +49.2%, Japan Pulp & Paper +90.9%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Oji Holdings4 segments
Nippon Paper5 segments
KPP4 segments
Japan Pulp & Paper5 segments
AAverage annual salary from the securities filings: Japan Pulp & Paper ¥8.90M, Oji Holdings ¥8.45M, Nippon Paper ¥6.92M. Japan Pulp & Paper pays the most. Averages also depend on staff age and job mix, so check the average age too (Oji Holdings 45.1, Nippon Paper 43.8, KPP 46.5, Japan Pulp & Paper 44.4).
ARevenue in the latest results: Oji Holdings ¥1.9T, Nippon Paper ¥1.2T, KPP ¥650.4B, Japan Pulp & Paper ¥554.5B. Oji Holdings is the largest by revenue at ¥1.9T, followed by Nippon Paper (¥1.2T), KPP (¥650.4B) and Japan Pulp & Paper (¥554.5B).
AOperating margins: Japan Pulp & Paper 2.7%, Nippon Paper 2.1%, Oji Holdings 1.9%, KPP 1.5%. Japan Pulp & Paper turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Japan Pulp & Paper +90.9%, KPP +49.2%, Nippon Paper +11.3%, Oji Holdings +4.5%. Japan Pulp & Paper has risen the most.




Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.