Oji Holdings Corporation ("Oji," Director of the Board/President: Masatoshi Kaku, Head Office: Chuo-ku, Tokyo) has worked on restructuring its Group manufacturing system, in response to the structural changes in its domestic demand. Oji hereby announces it has decided to close the manufacturing facilities of the Nayoro Mill of Oji Materia Co., Ltd. (President: Yoshiki Koseki, Head Office: Chuo-ku, Tokyo) and relocate them to the Tomakomai Mill of Oji Paper Co., Ltd.

These measures will result in capacity reduction of containerboard paper (corrugating medium) of approximately 163,000 t/year.

Oji apologizes for inconveniences caused to its customers and all other related parties and sincerely appreciates your continued understanding.