Nippon Paper announces 15%-25% price increase in Japan for both its printing and writing paper and business communication paper, effective Feb. 1; company cites cost pressures due to rapid drop in exchange rate, rising costs of raw materials, energy

November 10, 2022 (press release) –

Nippon Paper Industries Co., Ltd. (President: Toru Nozawa) has announced a 15-25% price increase for both its printing & writing paper and business communication paper in Japan, for shipments on and after the 1st of February 2023.

Despite our productivity and cost-cutting initiatives, we are not able to continue to absorb this combination of cost pressures due to the rapid drop in the exchange rate as well as the costs of raw materials and energy, which continue to be high and volatile.

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