150 years of History

History of Innovation

Forest Resources and Environment Marketing Business:
Afforestation Business
1890

1910

1913

History of Innovation

The history of the pulp and paper business is also the history of securing wood resources. Based on the belief that "those who
use trees are responsible for planting them," the Oji Group has been growing resources for more than 100 years, and Oji Forests
have reached 600,000 hectares. Initially, the Oji Group's forest resources were expanded to secure a stable supply of raw
materials for pulp & paper, but this has changed to a direction of contributing to the future of the earth by utilizing the renewable
forest resources themselves to deliver new wood-derived material products to society.

1937

1951

Collection of the Paper Museum

1956

Establishment of Forest
Tree Breeding Institute

Wood pulp production started at
Keta Mill

Completion of Tomakomai Mill andpurchase of company-owned forests

Start of Nursing Operation forafforestation seedling

Establishment of Oji Zourin (now Oji
Forest & Products Co.,Ltd.)

Purchased wood resources from the Keta Riverbasin, a tributary of the Tenryu River, to supply
raw materials to Keta Mill. Logs were transportedby horseback or on rafts along the river.

With the completion of Tomakomai Mill,acquisition of company-owned forests began tosecure pulp raw materials.

Tomakomai Nursery was established and begancultivating Abies sachalinensis, Norway spruce,
larch, and other species, and full-scaleafforestation using seedlings nursed in-housebegan in 1917.

Oji Zourin was established for the purpose ofproducing raw materials for pulp. The company
was entrusted with the management of Oji
Paper's company-owned forests, as well as theexpansion and afforestation of its own forests.

1992

1973

1970

1966

Establishment of SPFL(New Zealand)

Establishment of CENIBRA(Brazil)

Establishment of Pan Pac(New Zealand)

Increase of woodchip imports (a long-termwoodchip sales agreement concluded)

Launching the vessel dedicated towoodchip

In the 1990s, with environmental issues gaining
attention on a global scale, a eucalyptus
afforestation business was launched on the South
Island of New Zealand, not only to secureresources, but also to contribute to theenvironment.

We entered Brazil to promote the use of
hardwood resources overseas. CENIBRA wasestablished as a joint venture between
Companhia Vale do Rio Doce and the paper andpulp companies on the Japanese side. Productionof eucalyptus bleached pulp started in 1977. It is
now the main mill of the Oji Group.

As a result of overseas resource surveys forlong-term resource measures, a pulp mill wasconstructed in New Zealand. Pulp was supplied
to Tomakomai Mill. Today, it is a center for theintegrated forestry industry, including lumberand pulp business.

With the declining competitiveness of domestic
woodchip, we concluded a 10-year woodchip
sales agreement to secure raw materials fromNorth America for long term in earnest. The
consumption of imported woodchip exceeded
domestic one in 1990.

The world's first vessel dedicated to woodchip,
the Kure Maru, was launched. The design ofvessel was developed to maximize grain capacity
for woodchip with light specific gravity, and its
discharging facilities were revolutionary.

1996

2001

2003

Expantion of company-owned
forests through mergers

acquisition of forest certification

First to obtain Japan's own forest
certification in Japan

Participated in KTH business(Indonesia)

The Kamiinako Forest in Shizuoka Prefecture
acquired SGEC forest certification by the Sustainable
Green Ecosystem Council, a forest certification inJapan. It was the first in Japan. In 2007, certification
was completed for all company-owned forests inJapan, covering approximately 174,000 hectares(excluding profit-sharing forests).

Invested in KTH, which was owned by theKorindo Group, a Korean conglomerate inIndonesia. It is the Oji Group's largest
afforestation business in Southeast Asia andan important base for supplying raw materials
to Japan.

1995

Promotion of hardwood utilization
Full-scale use of hardwood chips began with thestart of production at Kasugai Mill.

Forest Tree Breeding Institute wasestablished in Kuriyama, Hokkaido,
for the purpose of contributing to thestable supply of raw materials bybreeding forest trees and propagating
fast-growing trees. Development ofpoplar and other varieties waspromoted. It was closed in 2012 but
reestablished in Shinonome in 2023
as the Forest Resources ResearchCenter.

1964

Social contribution activities by QPFL (Dispatch of doctors)

Establishment of QPFL
(Vietnam)
Following the procurement ofwoodchips, the company started
its own afforestation business inVietnam. Oji's entry into themarket contributed anafforestation boom in Vietnam,
which has now become theworld's largest exporter ofwoodchips.

The mergers with pulp and paper companies from1970 to 1996 brought the group's domestic
company-owned forest area to about 190,000 ha(including profit-sharing forests).

Pan Pac obtained Forest certification. This was
the first acquisition within the Oji Group. Since
then, each group company has been acquiring
forest certification, and the certification rate at
the end of FY2022 was 96%.

2010

2022

Pulp business strengthening

Formulation of the Purpose

In response to the growth in global demand forpulp, we are working to expand our pulp businessby utilizing our abundant in-house plantation
resources. The pulp business is now the corebusiness of the Oji Group, following theacquisition of Oji Fibre Solutions, the start of thedissolving pulp business, and the acquisition ofCENIBRA as a wholly owned subsidiary.

The Purpose was defined as "Grow and manage
the sustainable forest, develop and deliver theproducts from renewable forest and Oji will bringthis world a brighter future filled with hope." Wewill continue to cultivate healthy forests andmanufacture products rooted in forest resources.