Pulp & Paper Companies Ranked by Operating Margin (FY2026, 7 companies)

7 companies · FY2026 results (earnings releases, consolidated)

LINTEC ranks first for operating margin in the Pulp & Paper industry at 7.9%. The top three are LINTEC (7.9%), Rengo (3.7%) and Daio Paper (3.6%).

Across the 7 companies the average is 3.3% and the median 2.6%. KPP comes last at 1.5%, a gap of 6.4 percentage points to the leader.

3 of 7 companies are above the average.

Share prices, forecasts and results for Pulp & Paper Industry

Pulp & Paper Industry TOP3

1
LINTECPulp & Paper Industry7.9%
2
RengoPulp & Paper Industry3.7%
3
Daio PaperPulp & Paper Industry3.6%

Companies: 7
Average: 3.3%
Median: 2.6%
All-industry average: 11.1%-7.8pt difference
Above average: 3of 7

Operating margin ranking: Pulp & Paper Industry

7 companies

RankCompanyAverage 3.3%Operating marginRevenueShares 1Y

1
LINTEC79667.9%7.9%¥319.4B+30.7%
2
Rengo39413.7%3.7%¥1.0T+66.2%
3
Daio Paper38803.6%3.6%¥666.8B+20.7%
4
Hokuetsu38652.6%2.6%¥287.7B+2.1%
5
Nippon Paper38632.1%2.1%¥1.2T+11.1%
6
Oji Holdings38611.9%1.9%¥1.9T+5.1%
7
KPP92741.5%1.5%¥650.4B+49.9%

Shares 1Y is a closing-price reference (vs. about a year earlier).

Financials and pay compared

The same companies on other measures

Rank	Company	Operating margin	Average salary	Revenue	Operating profit
1	LINTEC7966	7.9%	¥7.24M	¥319.4B	¥25.2B
2	Rengo3941	3.7%	¥8.18M	¥1.0T	¥37.1B
3	Daio Paper3880	3.6%	¥6.37M	¥666.8B	¥24.0B
4	Hokuetsu3865	2.6%	¥6.33M	¥287.7B	¥7.5B
5	Nippon Paper3863	2.1%	¥6.92M	¥1.2T	¥25.2B
6	Oji Holdings3861	1.9%	¥8.45M	¥1.9T	¥34.6B
7	KPP9274	1.5%	-	¥650.4B	¥10.1B

Revenue and operating profit are from the latest full-year consolidated results. Average salary is for the reporting entity per its annual securities report; pure holding companies with fewer than 50 staff are excluded.