7 companies · FY2026 results (earnings releases, consolidated)
Oji Holdings ranks first for revenue in the Pulp & Paper industry at ¥1.9T. The top three are Oji Holdings (¥1.9T), Nippon Paper (¥1.2T) and Rengo (¥1.0T).
Across the 7 companies the average is ¥855.3B and the median ¥666.8B. Hokuetsu comes last at ¥287.7B, a gap of about 6.5x to the leader.
3 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 | Revenue | Average salary | Operating profit | Operating margin |
|---|---|---|---|---|---|
| 1 | Oji Holdings3861 | ¥1.9T | ¥8.45M | ¥34.6B | 1.9% |
| 2 | Nippon Paper3863 | ¥1.2T | ¥6.92M | ¥25.2B | 2.1% |
| 3 | Rengo3941 | ¥1.0T | ¥8.18M | ¥37.1B | 3.7% |
| 4 | Daio Paper3880 | ¥666.8B | ¥6.37M | ¥24.0B | 3.6% |
| 5 | KPP9274 | ¥650.4B | - | ¥10.1B | 1.5% |
| 6 | LINTEC7966 | ¥319.4B | ¥7.24M | ¥25.2B | 7.9% |
| 7 | Hokuetsu3865 | ¥287.7B | ¥6.33M | ¥7.5B | 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.