Prices as of 2026/10/30 close
Company comparison · Corrugated & Paperboard Packaging
Nippon Paper is the bigger company, with revenue of ¥1.2T — 1.2x Rengo's ¥1.0T.
Rengo earns more on each yen of sales, with an operating margin of 3.7% — 1.6 points above Nippon Paper (2.1%).
Revenue growth in the latest results: Rengo +1.5%, Nippon Paper +0.9%. For next year, Rengo guides for the fastest operating profit growth (+24.0%).
Rengo pays more on average — ¥8.18M against ¥6.92M at Nippon Paper.
Over the past year the shares moved Rengo +68.4%, Nippon Paper +11.3%.
Head-to-head wins17 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
Rengo aheadNippon Paper 1 : Rengo 2
Revenue: Nippon Paper ¥1.2T / Rengo ¥1.0T
ProfitabilityInvestors
Rengo aheadNippon Paper 1 : Rengo 3
Operating margin: Nippon Paper 2.1% / Rengo 3.7%
GrowthInvestors
Rengo aheadNippon Paper 1 : Rengo 3
Revenue growth (YoY): Nippon Paper +0.9% / Rengo +1.5%
Stock & balance sheetInvestors
Rengo aheadNippon Paper 0 : Rengo 3
Share price, 1 year: Nippon Paper +11.3% / Rengo +68.4%
Pay & workforceJob seekers
Rengo aheadNippon Paper 1 : Rengo 2
Average salary: Nippon Paper ¥6.92M / Rengo ¥8.18M
| Metric | Nippon Paper | Rengo | Gap |
|---|---|---|---|
| Revenue | ◎¥1.2T | ¥1.0T | 1.2x |
| Operating profit | ¥25.2B | ◎¥37.1B | 1.5x |
| Net income | ¥11.7B | ◎¥21.0B | 1.8x |
| Metric | Nippon Paper | Rengo | Gap |
|---|---|---|---|
| Operating margin | 2.1% | ◎3.7% | 1.6pt |
| Net margin | 1.0% | ◎2.1% | 1.1pt |
| ROE | 2.4% | ◎4.4% | 2.0pt |
| Revenue per employee | ◎¥237M | ¥228M | 1.0x |
| Metric | Nippon Paper | Rengo | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +0.9% | ◎+1.5% | 0.6pt |
| Operating profit growth (YoY) | ◎+27.9% | −0.9% | 28.8pt |
| Guidance: revenue growthnext FY plan | +2.3% | ◎+8.1% | 5.8pt |
| Guidance: op. profit growthnext FY plan | −0.8% | ◎+24.0% | 24.8pt |
| Metric | Nippon Paper | Rengo | Gap |
|---|---|---|---|
| Share price, 1 year | +11.3% | ◎+68.4% | 57.1pt |
| Share price, 3 months | −11.3% | ◎+2.8% | 14.1pt |
| P/E (trailing)lower = cheaper | 12.6x | 18.4x | |
| Equity ratio | 31.1% | ◎40.3% | 9.2pt |
| Share price (close) | ¥1,282 | ¥1,561.5 |
◎ 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 | Rengo | Gap |
|---|---|---|---|
| Average salary | ¥6.92M | ◎¥8.18M | ¥1.26M |
| Starting salary (monthly) | ¥248,700 | ◎¥300,000 | ¥51,300 |
| Average tenure | ◎21.0 yrs | 16.8 yrs | 4.2 |
| Average age | 43.8 | 42.1 | 1.7 |
| Employees | 5,028 | 4,426 | 1.1x |
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: Rengo +68.4%.
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
Rengo5 segments
AAverage annual salary from the securities filings: Rengo ¥8.18M, Nippon Paper ¥6.92M. Rengo pays the most. Averages also depend on staff age and job mix, so check the average age too (Nippon Paper 43.8, Rengo 42.1).
ARevenue in the latest results: Nippon Paper ¥1.2T, Rengo ¥1.0T. Nippon Paper is the bigger company, with revenue of ¥1.2T — 1.2x Rengo's ¥1.0T.
AOperating margins: Rengo 3.7%, Nippon Paper 2.1%. Rengo turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Rengo +68.4%, Nippon Paper +11.3%. Rengo 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.