Introducing the OVOL Japan Pulp & Paper Group Global Network - with the ability to purchase and supply the optimal paper products to meet the needs of customers no matter where in the world they might be.
Our first foray into the global arena dates back to 1899. Since then we have continued to do business in a number of countries and regions with differing cultures and business customs. We have firmly established ourselves in each region and are building on our know-how as we continue to expand our business activities throughout the world. We currently have paper distribution operations with storage and shipping functions in the U.S., the U.K., Oceania, India, Hong Kong, Singapore and Malaysia, and have established systems to enable the stable supply of products throughout each region. We have also extended our range of services beyond merely supplying printing and paper processing companies, to now include the delivery of products such as photo copying papers directly to consumers.
A “glocal” entity such as ours, with its expanding global paper wholesaling business and a strong local presence in each region is unparalleled anywhere in the world. We will create synergies on a global scale as we work to become the world’s leading paper distribution company.
Our first foray into the global arena dates back to 1899. Since then we have continued to do business in a number of countries and regions with differing cultures and business customs. In recent years, through M&A in strategic global markets we have expanded our network to include leading paper distributors from every region of the globe. In the United States, the United Kingdom, Oceania, India, Hong Kong, Singapore, and Malaysia, we have our own inventory and distribution capabilities, and are promoting glocalization, through activities such as, the development of businesses rooted in local regions. In doing this we are continuing to take on the challenge of becoming the world's leading paper distribution company.
On the other hand, demand for paper has been on a declining trend in many developed countries in recent years due to the impact of digitalization and paperless operations. Furthermore, the outbreak of COVID-19 infections since March 2020 has caused a sharp decline in demand and prices in major markets around the world, and has had a significant impact on the business environment in each of the countries we operate.
Despite these circumstances, we will continue our efforts to overcome these difficulties and to become the world's leading paper distribution company, one of our goals, by making full use of our global network and sharing and coordinating our know-how, information and products throughout the Group worldwide, as well as by further promoting rationalization.