Nippon Paper Industries Co., Ltd.
2026-08-05 Announcement: Notice Regarding Transfer of Opal Company’s Bagging Business
Decision to transfer Opal's bagging business to a buyer. In line with the medium-term management plan 2030, focus resources on the corrugated packaging business by disposing of non-core operations. Transfer target date is September 1, 2026, with a projected special loss of about 6.0 billion yen to be recognized in the fiscal year ending March 2027.
Key Figures
- Transfer date (scheduled): September 1, 2026
- Recognition of loss: about 6.0 billion yen (fiscal year ending March 2027)
- Opal consolidated sales: 1,754 million AUD (fiscal year ended December 2025)
AI要約
Overview of the transfer
Nippon Wood Pulp and Paper Co., Ltd. has decided to transfer the bagging business of its consolidated subsidiary Opal to buyer A.C.N. 700 735 575 Pty Ltd, part of The Magan Group. This business is positioned as non-core, and Opal will strengthen its policy to concentrate management resources on the corrugated packaging business. The transfer is scheduled for September 1, 2026.
Financial impact and strategy
Under the medium-term management plan 2030, we will promote capital efficiency and structural reforms. The loss from the transfer is expected to be about 6.0 billion yen as a special loss in the fiscal year ending March 2027, with the amount subject to change due to settlement procedures. The Opal reform aims to improve profitability and concentrate resources, targeting overall enhancements in corporate value.
日本製紙株式会社
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