Fastmarkets RISI, the definitive source of commodity data and insights for the forest products industry, has named Mr. Susumu Yajima, President of Oji Holdings Corporation as Fastmarkets RISI Asian CEO of the Year. The Award will be presented at the 20th Annual RISI Asian Conference, held at the Four Seasons Hotel in Shanghai on May 22-24, 2019.
Fastmarkets RISI's Asian CEO of the Year Award is appraised and nominated by many investment analysts, industry consultants and commentators from Asian and global pulp and paper industry. This year, the Award goes to Mr. Susumu Yajima in recognition of his leadership, decision-making and strategic planning ability in leading the enterprise to achieve globalization, diversification and centralization of domestic undertakings.
Established 146 years ago, Oji Holdings has consistently been a leader in the pulp and paper industry of Japan. As an international company with more than 30,000 employees and over 13 billion USD of annual sales, the major business lines of Oji Holdings include household and consumer products, printing and communications media, functional materials, and forest resources and environment marketing.
Oji Holdings continuously realizes the sustainable growth of enterprise value by adhering to the concept of "Safety, Environment, Compliance" as its priority. In the first half of 2018 (April 1, 2018 - December 31, 2018), the consolidated sales of Oji Holdings amounted to 1170.6 billion yen, an increase of 6.1% over the same period of last year, and its operating profit was 83.1 billion yen, an increase of 70.7% over the same period of last year.
Under the three fundamental strategies of "Expansion of Overseas business", "Concentration/Advancement of Domestic Businesses" and "Enhancement of Financial Foundation", Oji Holdings business in Japan and abroad has achieved steady growth. Oji Holdings expects consolidated sales to reach 1.550 billion yen in 2018 (April 1, 2018 - March 31, 2019) and operating profit to reach 110 billion yen.
