Industry-wide support planned for newsprint supply after Nippon Paper's Yatsushiro mill halts operations

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Summary · why it matters

The Japan Paper Association and domestic paper manufacturers are considering supply support for newsprint following the suspension of operations at Nippon Paper Industries' Yatsushiro mill due to the Kumamoto earthquake. The Yatsushiro mill suffered extensive damage, including collapsed smokestacks, and there is no timeline for recovery. Nippon Paper also produces newsprint at its Iwanuma mill, but to ensure an industry-wide response, other major players such as Oji Holdings and Daio Paper, along with the Japan Paper Association, will take the lead in providing support.

Impact on assets 3

Materials± Mixed · 3 stocks
Oji Holdings Corp.
3861
▲ PositiveSupplyrelevance

Oji Holdings will help support newsprint supply, potentially increasing its market role.

Daio Paper Corporation
3880
▲ PositiveSupplyrelevance

Daio Paper will help support newsprint supply, potentially increasing its market role.

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