SHINSEIPULP & PAPERCorporate Profile

1-8, Kanda Nishiki-cho, Chiyoda-ku, Tokyo 101-8451, Japan URL　http://www.sppcl.co.jp

Printed in Japan

We look for paper’s unknown possibilitiesand use them to create new value.Japan's pulp and paper industry is currently facing an important revolution. We now need a business strategy focused on worldwide economic environment changes and the changes in supply and demand in the pulp and paper markets of Asia, North America and Europe. With the popularity of multi-functional mobile devices, media which conventionally used paper is changing. In this changing environment, we, as a trading company working in pulp and paper circulation, will move forward while working to improve our corporate value in response to changes in the economic environment.

In order to achieve this, Shinsei Pulp & Paper Company Limited believes it is necessary for each employee to seize this change as a chance and reform past business models while aggressively challenging the next generation of business. Also, through innovative business operations which anticipate change, we will continue to strive to develop and grow with our customers as a company that is "supported," "needed," and "chosen" by these customers.

We are also reconsidering value and functionality of recyclable wood-based natural materials, the raw materials that make up paper, to pursue unknown functionality and create new value in lifestyle, culture and industry. In order to strengthen information collecting ability, personnel ability and pave the way for SPP’s future, we are actively investing in the function material field, the packaging field including chemical products and overseas markets, which are expected to grow.

By extensively developing a recycling-based business model putting wood-based natural materials to use we are promoting Environmental Management that is environmentally friendly and effectively uses limited resources in order to help preserve the global environment.

Through the activities outlined here, as Shinsei Pulp & Paper Company Limited continues to strive to expand profits and contribute to the vitality and realization of the dreams of this society, we humbly ask for the public's continued support.

President and CEO

TOP MESSAGE

SPP is growing withsociety in response tochanging times withpassion for innovationand challenge.

［Management Phi losophy］

PHILOSOPHY

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Planning,Development,Information

Planning,Development,Information

Planning,Development,Information

FilmManufacturer

ProcessingManufacturer

PaperManufacturer

We are a comprehensive “Pa per Solution” Company.As a trade company, safely delivering the product to the customer is not our only role.We take in and understand the customer needs, bridging the gap between them and the manufacturer.By negotiating special paper qualities and customer and society demands, new added value is realized in the product.Providing "Paper Solutions" is SPP's mission. Through infinite creation of value expanding from paper, we will continue to always challenge business of the next generation.

OUR BUSINESS

Producing value thatchanges with the times.

Popular acceptance of replacing milk bottles with paper cartons, and the use of plain paper in copy machines... By realizing new added value, paper has changed lifestyles and society. It was paper companies who introduced this innovation. SPP will produce paper the generation desires, from texture and beauty to strength, safety and recyclability.

Total coordination of a wide variety ofmaterials, meeting needs.

There is a wide span of types and special qualities to meet use of the paper such as newspapers, magazines, documents, foodstuff packages, information-related paper, etc. SPP puts it's rich knowledge from its long history as a paper trading company to use for total coordination of material that covers all grounds. We will deliver the best product and function to meet the customer's needs.

Our job is to accurately meet theneeds of various customers.

"I want paper with this material" "I want to add a new function to this package film"... SPP will propose and provide products that meet the needs of an ever-expanding customer base. We observe the manufacturing scene, search for problem-solving measures, and by realizing even the tiniest of details, we create the product that the customer needs. With new possibilities in paper, diversity of SPP's customers will also expand.

PaperSPP's Product Coordination

SPP's Value ProductionCustomers Expanding over

Various Industries

AdditionalValue

Customer

Industrial Paper FunctionalPaper

HouseholdPaper

Pulp/RecycledPaper

Information-related Paper

Synthetic ResinFilmsPaperboardPrint Paper/

Special Paper

Building Materials,Interior Materials

Recyclability Safety

Anti-bacterial Heat-resistant

Insulated Electromagneticwave protection

Wholesalers Publishers Printing Companies

Newspapers Ad Agencies ProcessingCompanies

GovernmentOffices

Consumers

Variousproblems

Problem-solving

proposal

With "Paper x Added Value" we create paper that answers paper. We challenge Infinite Creation of Value.

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Packages Produced with Versatility.

Solution

1Printing, Writing and Packing Paper

Solution

4 Real Estate Activities

Solution

3Information-related Paper,　Industrial Paper and Function Paper

Solution

2Paperboard and Synthetic Resin Films

OP Nihonbashi Bldg. Nihonbashi, Chuo-ku, Tokyo

Cardboard Products

Paper Bags/EnvelopesPamphlet/Catalog

Film Package Paperboard Package

Cardboard Case

Major Properties

SPP Ginza Bldg. Ginza, Chuo-ku, Tokyo

Special Paper (Fancy Paper)

Paper

Packages Real estate

Newmaterials

See, Touch, Read, Feel.We propose a power to inspire the heart and activate the mind.

A texture your fingers can feel every time you turn a page.Imagination inspired by text/visual... Mediums printed on paper such as newspapers, magazines, publications, etc., have the power to appeal to people's feelings and inspire. Also, printed analog information is said to stimulate the imagination and activate the mind. Printing paper used mainly in print media with added value such as easy to open, nice feeling pages and easy to read text, made to fit the item. Special paper in beautiful colors, patterns and textures used for paper stationary and book flyleaves, etc. SPP proposes products which make use of added value because they are paper which can't be found on internet or electronic documents.

Stimulate Sensitivityand Brain Power.

Materials to support the high information-oriented society and traditional materials...At the front line of paper innovation.

SPP is also committed to providing information-related paper to support this high information-oriented society and functional paper developed for specified uses as well as new materials. For example, introduction of an IC tag system of which data can be read by holding a smart phone up to it. We are aiming for full-scale commercialization in the NFC※market. We are also developing and selling a wide variety of special functional paper catered to various needs. In some cases we revive materials as new that have been disregarded. Evolving materials and traditional materials… SPP comes up with the new materials that this generation needs.

Evolving and Traditional,New Materials.

We will make effective use of our real estate which has developed from our long history and solid management base.

Ginza and Nihonbashi in Tokyo, Osaka, Nagoya, Sapporo... SPP owns a number of real estate locations in the heart of Japan's major cities and rents out offices, storage and parking lots. These are proof of the reliability developed from our long history as a paper trading company. It is the backbone of our solid management which will continue on into future. At SPP we are also pursuing new real estate uses to contribute to society and our customers. Keep your eye on SPP to see how we make effective use of our real estate and what new values we will create.

Our Form of Trust.Consistently producing a variety of packages.Making the new functions this generation needs a reality.

Wrapping and protective packaging. These materials such as paperboard and cardboard call for various features such as lightness and strength, cushioning and ease of folding. Functions such as beauty, heat-resisting properties and antioxidation in chemical synthetic film required in foodstuff packaging are also necessary. In this age which calls for reduction of environmental burden, new functions in packaging such as recyclability and volume reduction are required. Securing the safety of foodstuffs has also become more important than ever. SPP consistently produces paper and films as materials for packaging and supports realization of functions the current generation demands.

Air Filter Paper Functional Paper, etc.

Carrier Tape (part) Filter Paper for Electrical Discharge Machines

※NFC：Near Field Communication, Valid up to 10 cm according to International standard regulations.

SOLUTIONS

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“Paper Solution” Network that Reaches to all of Japan and the World.

NETWORK

2-10-1 Oroshimachi, Wakabayashi-ku, Sendai, Miyagi 984-0015TEL 81-22-235-6878 FAX 81-22-236-1573

SENDAI BRANCH

1-10-11 Yayoi-cho, Toyama 930-0019TEL 81-76-441-2866 FAX 81-76-431-5839

TOYAMA BRANCH

1-16-10 Minamisenba, Chuo-ku, Osaka 542-0081TEL 81-6-6262-8800 FAX 81-6-6261-2916

OSAKA BRANCH

1-8 Kanda Nishiki-cho, Chiyoda-ku, Tokyo 101-8451TEL 81-3-3259-5080 FAX 81-3-3233-0991

HEAD OFFICE/TOKYO MAIN BRANCH

2-9-18 Meieki Minami, Nakamura-ku, Nagoya, Aichi 450-0003TEL 81-52-584-6200 FAX 81-52-584-6306

NAGOYA BRANCH4-12 Tenyamachi, Hakata-ku, Fukuoka 812-0025TEL 81-92-271-2800 FAX 81-92-271-2810

KYUSHU BRANCH

5-1-2 Odorinishi, Chuo-ku,Sapporo, Hokkaido 060-0042TEL 81-11-241-2106 FAX 81-11-241-6110

SAPPORO BRANCH②大倉商貿（上海）有限公司／上海総公司　OKURA （SHANGHAI） LTD.

③大倉紙業商事（上海）有限公司／上海総公司　OKURA PULP & PAPER （SHANGHAI） LTD.

④OKURA PULP & PAPER HONG KONG LTD.

①大倉商貿（上海）有限公司／北京分公司　OKURA （SHANGHAI） LTD./BEIJING BRANCH

⑤大倉商貿（上海）有限公司／広州分公司　OKURA （SHANGHAI） LTD./GUANGZHOU BRANCH

⑥SHINSEI PULP & PAPER SINGAPORE PTE LTD.

⑦SHINSEI PULP & PAPER SINGAPORE PTE LTD.　BANGKOK REPRESENTATIVE OFFICE

⑧SHINSEI PULP & PAPER AUSTRALIA PTY LTD.

①大倉商貿（上海）有限公司／北京分公司 北京市朝陽区吉慶里6号　佳　中心B座602室 TEL 86-10-8589-5627　FAX 86-10-8589-5659

OKURA（SHANGHAI）LTD./BEIJING BRANCH Room 602, Jiahui Center Block B, No. 6 Jiqingli, Chaoyang District, Beijing, China TEL 86-10-8589-5627　FAX 86-10-8589-5659

②大倉商貿（上海）有限公司／上海総公司③大倉紙業商事（上海）有限公司／上海総公司 上海市仙霞路88号太陽広場東塔501 TEL 86-21-6270-0643　FAX 86-21-6270-0645

OKURA (SHANGHAI) LTD. OKURA PULP & PAPER (SHANGHAI) LTD. 501, East Tower, Taiyang Guangchang, No. 88, Xianxia Road, Shanghai, China TEL 86-21-6270-0643　FAX 86-21-6270-0645

④OKURA PULP & PAPER HONG KONG LTD. Unit D, 14F, Two Chinachem Plaza, No. 68 Connaught Road Central, Hong Kong TEL 852-2577-0280　FAX 852-2890-5364

⑤大倉商貿（上海）有限公司／広州分公司 広州市天河区黄浦大道西76号　富力盈隆広場1806室 TEL 86-20-3839-2733　FAX 86-20-3839-2773

OKURA (SHANGHAI) LTD./GUANGZHOU BRANCH No. 1806, Fuliyinglong Guangchang, No. 76, Huanpudadaoxi Road, Tianhe-qu, Guangzhou City, China TEL 86-20-3839-2733　FAX 86-20-3839-2773

⑥SHINSEI PULP & PAPER SINGAPORE PTE LTD. 10 Anson Road #34-10, International Plaza, Singapore 079903 TEL 65-6352-6201　FAX 65-6352-6190

⑦SHINSEI PULP & PAPER SINGAPORE PTE LTD. BANGKOK REPRESENTATIVE OFFICE No. 323 Room 4004B, United Center Building 40th Floor, Silom Road, Silom, Bangrak, Bangkok 10500, Thailand TEL 66-2-635-5300　FAX 66-2-635-5302

⑧SHINSEI PULP & PAPER AUSTRALIA PTY LTD. 105/3 Male Street, Brighton, Vic., 3186 Australia TEL 61-3-9591-0119　FAX 61-3-9591-0016

⑨SHINSEI PULP & PAPER（USA）CORP. 1113 E. 230th Street, Carson CA 90745, USA TEL 1-310-835-6277　FAX 1-310-835-2303

●Overseas Bases

⑨SHINSEI PULP & PAPER （USA） CORP.

In order to meet customer demands in a speedy manner, SPP has a sales and

distribution system that links business office and distribution centers throughout Japan.

This network extends overseas to global destinations such as

Shanghai, Beijing, Hong Kong, Singapore, Bangkok, Los Angeles and Australia.

Our "Paper Solutions" are growing with our global achievements.

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ENVIRONMENT COMPANY PROFILE

Circulating Resources Look for paper's possibilities to contribute to a better environment.Paper is a material that effectively uses resources, circulates in nature and is easy on the environment. By extracting that paper's possibilities, SPP has continued to support product development that leads to global environmental conservation, resource protection and prevention of global warming. Recycling rate of paper has surpassed 60% and "recycled paper" is already something we are very familiar for everything from printing paper to toilet paper and cardboard. Transport efficiency of "bulk paper,” which is light but has volume, is high, contributing to reduction of CO2 and saving resources. Plants and farming by-products besides wood used as raw materials for "Used-paper Pallets and Biodegradable Pallets" have superior fixed CO2 absorption because of faster growth.

Things like "ECF Pulp,” which is manufactured with non-chlorine bleaching, which doesn't emit harmful chlorinated organic compound, were born with the goal of lightening the environmental burden. "Thinned-wood paper" is made from trees thinned to create healthy forests. "Forest certified paper" certified to be environmentally, socially and economically appropriate. Actively utilizing these materials leads to revival of forests and increasing CO2 absorption capacity. In this way SPP strives to be a corporation that carefully handles nature's bounty and contributes to the global environment from paper production to distribution.

Environment-friendlyProducts

RecycledPaper

Bulk Paper

Used-paperPallets and

BiodegradablePallets

Forest CertifiedPaper

ECF Pulp

Thinned-woodPaper

non-chlorinebleaching

As of June 19, 2015

Trade Name SHINSEI PULP & PAPER COMPANY LIMITED

Head Office & Main Branch 1-8, Kanda Nishiki-cho, Chiyoda-ku, Tokyo 101-8451, Japan

Founded November 3, 1889

Established March 14, 1918

Paid-in Capital ¥3,228 million

Products Handled Paper, pulp, chemical products, processed paper products, building materials, machinery, equipment, etc.

Annual Turnover ¥285 billion

Employees 615

Website http://www.sppcl.co.jp/

Main Business Activities 1. Sale and processing of paper, pulp, chemical products and chemicals and sale of processed paper products

2. Sale and leasing of paper processing machinery, printing machinery, papermaking machinery, packing and wrapping equipment, synthetic resin processors, industrial electrical equipment, transportation machinery, communication equipment, office equipment and accessories

3. Sale and leasing of packing and wrapping materials, printing and bookbinding materials and papermaking materials

4. Meditation in sale, wholesaling, agency, import and export for all of the above5. Project system design, construction work, supervision and subcontracting for all

of the above6. Commissions for land formation, purchase and sale, leasing and management of

land and buildings7. Office leasing and parking lot business8. Warehousing business and automobile transport handling business9. Interior finish work10. Investment in business related to all of the above11. Non-life insurance agency and insurance agency based on the Automobile

Liability Security Law12. Business related to life insurance recruitment13. Sale of books, magazines and stationary14. Power generation using natural energy and supply, sales, management,

Administration, mediation, etc. of power15. All business ancillary to the above

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