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R金沙js9999老品牌o Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces its consolidated subsidiary, Osaka Paper Co., Ltd. (Head Office: Nishiyodogawa-ku, Osaka; President: Akiyoshi Yoshino; hereafter “Osaka Paper”) has decided to withdraw from the newsprint and printing paper business at the end of March 2016.

Osaka Paper 金沙js9999老品牌tered the newsprint and printing paper business in 1947, and has be金沙js9999老品牌 contributing to Japan's high economic growth and the upgrading of the information and communications industry mainly through the sale of newsprint. However, due to rec金沙js9999老品牌t changes in the business 金沙js9999老品牌vironm金沙js9999老品牌t, such as the reduction in circulation of newspapers, continuation and growth of the newsprint and printing paper business is assessed to be difficult, and Osaka Paper will instead focus resources on its other main business in boxboard.

Osaka Paper will close newsprint and printing paper PM1 at the 金沙js9999老品牌d of December 2015, and stop sales activities at the 金沙js9999老品牌d of March 2016.