Press ReleasesNippon Paper Industries Announces Printing Paper Price Revisions

Nippon Paper Industries Co., Ltd.

Nippon Paper Industries Co., Ltd. (President: Yoshio Haga) has announced price revisions for printing paper in the domestic market to all its agencies.

Products subject to price revisions: Woodfree paper, coated woodfree paper, lightweight coated paper and ultra lightweight coated paper
Markup: Minimum 15 Yen/Kg
Timing of implementation: From April 21, 2013 shipment
Reason for implementation: Imported paper volume increased rapidly after the Great East Japan Earthquake, and the fall of the market price continued to drop. Based on rapid earnings deterioration, Nippon Paper Industries decided that the price had to be corrected to a sustainable level.