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


Nippon Paper is the bigger company, with revenue of ¥1.2T — 2.2x Japan Pulp & Paper's ¥554.5B.
Japan Pulp & Paper earns more on each yen of sales, with an operating margin of 2.7% — 0.6 points above Nippon Paper (2.1%).
Revenue growth in the latest results: Japan Pulp & Paper +3.8%, Nippon Paper +0.9%. For next year, Japan Pulp & Paper guides for the fastest operating profit growth (+9.5%).
Japan Pulp & Paper pays more on average — ¥8.90M against ¥6.92M at Nippon Paper.
Over the past year the shares moved Japan Pulp & Paper +90.9%, Nippon Paper +11.3%.
Head-to-head wins16 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
Nippon Paper aheadNippon Paper 3 : Japan Pulp & Paper 0
Revenue: Nippon Paper ¥1.2T / Japan Pulp & Paper ¥554.5B
ProfitabilityInvestors
Japan Pulp & Paper aheadNippon Paper 0 : Japan Pulp & Paper 4
Operating margin: Nippon Paper 2.1% / Japan Pulp & Paper 2.7%
GrowthInvestors
Japan Pulp & Paper aheadNippon Paper 1 : Japan Pulp & Paper 2
Revenue growth (YoY): Nippon Paper +0.9% / Japan Pulp & Paper +3.8%
Stock & balance sheetInvestors
Japan Pulp & Paper aheadNippon Paper 0 : Japan Pulp & Paper 3
Share price, 1 year: Nippon Paper +11.3% / Japan Pulp & Paper +90.9%
Pay & workforceJob seekers
Japan Pulp & Paper aheadNippon Paper 1 : Japan Pulp & Paper 2
Average salary: Nippon Paper ¥6.92M / Japan Pulp & Paper ¥8.90M
| Metric | Nippon Paper | Japan Pulp & Paper | Gap |
|---|---|---|---|
| Revenue | ◎¥1.2T | ¥554.5B | 2.2x |
| Operating profit | ◎¥25.2B | ¥15.1B | 1.7x |
| Net income | ◎¥11.7B | ¥7.6B | 1.6x |
| Metric | Nippon Paper | Japan Pulp & Paper | Gap |
|---|---|---|---|
| Operating margin | 2.1% | ◎2.7% | 0.6pt |
| Net margin | 1.0% | ◎1.4% | 0.4pt |
| ROE | 2.4% | ◎5.8% | 3.4pt |
| Revenue per employee | ¥237M | ◎¥762M | 3.2x |
| Metric | Nippon Paper | Japan Pulp & Paper | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +0.9% | ◎+3.8% | 2.9pt |
| Operating profit growth (YoY) | ◎+27.9% | −13.4% | 41.3pt |
| Revenue CAGR | — | +4.6% | |
| Guidance: revenue growthnext FY plan | +2.3% | — | |
| Guidance: op. profit growthnext FY plan | −0.8% | ◎+9.5% | 10.3pt |
| Metric | Nippon Paper | Japan Pulp & Paper | Gap |
|---|---|---|---|
| Share price, 1 year | +11.3% | ◎+90.9% | 79.6pt |
| Share price, 3 months | −11.3% | ◎+23.6% | 34.9pt |
| P/E (trailing)lower = cheaper | 12.6x | 22.6x | |
| Equity ratio | 31.1% | ◎37.1% | 6.0pt |
| Share price (close) | ¥1,282 | ¥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 | Nippon Paper | Japan Pulp & Paper | Gap |
|---|---|---|---|
| Average salary | ¥6.92M | ◎¥8.90M | ¥1.98M |
| Starting salary (monthly) | ¥248,700 | ◎¥280,000 | ¥31,300 |
| Average tenure | ◎21.0 yrs | 20.4 yrs | 0.6 |
| Average age | 43.8 | 44.4 | 0.6 |
| Employees | 5,028 | 728 | 6.9x |
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)
¥1,282+11.3% (1Y)
Nippon Paper +11.3% over 1Y. Compared: 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.
Nippon Paper5 segments
Japan Pulp & Paper5 segments
AAverage annual salary from the securities filings: Japan Pulp & Paper ¥8.90M, 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 (Nippon Paper 43.8, Japan Pulp & Paper 44.4).
ARevenue in the latest results: Nippon Paper ¥1.2T, Japan Pulp & Paper ¥554.5B. Nippon Paper is the bigger company, with revenue of ¥1.2T — 2.2x Japan Pulp & Paper's ¥554.5B.
AOperating margins: Japan Pulp & Paper 2.7%, Nippon Paper 2.1%. 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%, Nippon Paper +11.3%. Japan Pulp & Paper has risen the most.


Comparing 2 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.