Mr. Susumu Yajima, President of Oji Holdings Selected as 2019 Asian CEO of the Year
20 March 2019
BOSTON, March 19, 2019 /PRNewswire/ -- 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.
About Fastmarkets RISI
Fastmarkets is the leading price reporting, analytics and events organization for global commodities markets, including the forest products sector, as Fastmarkets RISI. Businesses working in the pulp and paper, packaging, wood products, timber, biomass, tissue, and nonwovens markets use Fastmarkets RISI data and insights to benchmark prices, settle contracts and inform their strategies worldwide. Along with objective price reporting and industry data, Fastmarkets RISI provides forecasts, analysis, conferences and consulting services to stakeholders throughout the forest products supply chain.
Fastmarkets is the leading price reporting, analytics & events organization for the global metals, industrial minerals and forest products markets. It operates within Euromoney Institutional Investor PLC. Fastmarkets' core activity in pricing drives transactions in commodities markets around the world and is complemented by news, industry data, analysis, conferences and insight services. Fastmarkets includes brands such as Fastmarkets MB and Fastmarkets AMM (previously known as Metal Bulletin and American Metal Market, respectively), Fastmarkets RISI and Fastmarkets FOEX. Its main offices are in London, New York, Boston, Brussels, Helsinki, São Paulo, Shanghai, Beijing and Singapore. Euromoney Institutional Investor PLC is listed on the London Stock Exchange and is a member of the FTSE 250 share index. It is a leading international business-to-business information group focused primarily on the global banking, asset management and commodities sectors.
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SOURCE Fastmarkets RISI