7 companies · FY2026 results (earnings releases, consolidated)
Rengo ranks first for operating profit in the Pulp & Paper industry at ¥37.1B. The top three are Rengo (¥37.1B), Oji Holdings (¥34.6B) and Nippon Paper (¥25.2B).
Across the 7 companies the average is ¥23.4B and the median ¥25.2B. Hokuetsu comes last at ¥7.5B, a gap of about 4.9x to the leader.
5 of 7 companies are above the average.
Pulp & Paper Industry TOP3










Shares 1Y is a closing-price reference (vs. about a year earlier). YoY compares with the previous full-year results.
| Rank | Company | Operating profit | Average salary | Revenue | Operating margin |
|---|---|---|---|---|---|
| 1 | Rengo3941 | ¥37.1B | ¥8.18M | ¥1.0T | 3.7% |
| 2 | Oji Holdings3861 | ¥34.6B | ¥8.45M | ¥1.9T | 1.9% |
| 3 | Nippon Paper3863 | ¥25.2B | ¥6.92M | ¥1.2T | 2.1% |
| 4 | LINTEC7966 | ¥25.2B | ¥7.24M | ¥319.4B | 7.9% |
| 5 | Daio Paper3880 | ¥24.0B | ¥6.37M | ¥666.8B | 3.6% |
| 6 | KPP9274 | ¥10.1B | - | ¥650.4B | 1.5% |
| 7 | Hokuetsu3865 | ¥7.5B | ¥6.33M | ¥287.7B | 2.6% |
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.