Nippon Paper Industries Announces Repricing of Printing Paper and Corporate Communication Paper

1. Product subject to price revision

General printing paper

General business communication paper

2. Markup

Printing paper Minimum 15%

Corporate communication paper Minimum 15%

3. Implementation schedule

New prices will apply from products shipped on August 1, 2022.

4. Reason for implementation

Since the announcement of the price revision in November 2021, fuel prices and logistics costs have continued to rise rapidly given the dramatic changes in global affairs, and the sharp depreciation of the yen has aggravated the situation. Despite continued cost reduction and other measures taken by the Company, it has not been able to fully offset the cost increases and has therefore decided to review product prices again.