|
(As of February, 2008)

| Company
Name |
Equity Ownership
Percentage (%) |
| Nippon Paper Industries
Co., Ltd. |
100.00 |
| Nippon Daishowa
Paperboard Co., Ltd. |
100.00 |
Mishima Paper Co., Ltd.
|
100.00 |
| Nippon Paper Crecia Co., Ltd. |
(100.00) |
| NP Trading Co., Ltd. |
(99.83) |
| Daishowa North America Corporation |
(100.00) |
| Nippon Paper Industries USA Co., Ltd. |
(100.00) |
| Nippon Daishowa Paperboard Tohoku Co., Ltd. |
(100.00) |
| Nippon Daishowa Paperboard Kanto Co., Ltd. |
(100.00) |
| Nippon Daishowa Paperboard Yoshinaga Co., Ltd. |
(100.00) |
| Nippon Daishowa Paperboard Nishinippon Co.,
Ltd. |
(100.00) |
| KOYO PAPER MFG. CO., LTD. |
(100.00) |
| Kokuei Paper Co., Ltd. |
(100.00) |
| HAGA Paper Trading CO., LTD. |
(81.04) |
| Kitakami Paper Co., Ltd. |
(62.78) |
↑Page Top

↑Page Top

| Company
Name |
Equity Ownership
Percentage (%) |
| Nippon Paper Lumber
Co., Ltd. |
(100.00) |
| South East Fibre Exports Pty. Ltd. |
(62.50) |
| NIPPON PAPER UNITEC
CO., LTD. |
(100.00) |
| Kokusaku Kiko Co.,
Ltd. |
(100.00) |
| PAL CO., LTD. |
(100.00) |
| N & E CO., LTD. |
(70.00) |
| Daishowa Uniboard Co., Ltd. |
(100.00) |
| Kunimoku House Co.,
Ltd. |
(100.00) |
↑Page Top

| Company
Name |
Equity Ownership
Percentage (%) |
| Nippon Paper Development Co., Ltd. |
(100.00) |
| SHIKOKU COCA ·
COLA BOTTLING CO., LTD. |
(54.96) |
| NIPPON PAPER LOGISTICS CO., LTD. |
(100.00) |
| IWAKUNI-KAIUN CO.,
LTD. |
(100.00) |
| Kyokushin Transport
Co., Ltd. |
(100.00) |
| NANKO
UNYU CO., LTD. |
(100.00) |
| Hotoku Co., Ltd. |
(100.00) |
| Daishowa Logistics
Co., Ltd. |
(100.00) |
| Graphic Arts Communication |
(100.00) |
Numbers in parentheses that appear in the column
for equity ownership
percentage represent the rate of indirect ownership of voting rights.
↑Page Top
|