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Oji Holdings Corp announces promotion of business portfolio restructuring

Monday, 23 Dec 2013 11:00pm EST 

Oji Holdings Corp:Says the company is promoting business portfolio restructuring and made a decision about measures for enhancement of household and industrial materials business and functional materials business.Says it will convert and resume N-1 paper machine of Fuji No. 1 Mill and produce corrugating medium, and terminate No. 10 paper machine of Fuji No. 2 Mill.Says it will terminate two paper machines producing white board and other paperboard in Oji F-Tex Tokai Mill Fujinomiya Factory, and relegate production and sale of white board products to Oji Materia.Says to relegate production of thermal paper in Oji Paper Nichinan Mill to Oji Imaging Media Kanzaki Mill and Oji Paper (Thailand), and terminate No. 3 and No. 4 coating machines in Nichinan Mill.Says it expects extraordinary loss for business portfolio restructuring, for fiscal year ending Mar. 31, 2014. 

Company Quote

11.0 +2.12%
2 Oct 2015