Yupo (manufacturer)

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Yupo Corporation
Company type Corporation
IndustryPaper, pulp
FoundedMay 25, 1970
Headquarters Tokyo, Japan Chiyoda-ku Kanda Surugadai 3-4 Shin-Ochanomizu Building 15th floor
Key people
Shinji Watanabe (president)
Products Synthetic paper
1,355 million yen (2019)
Total assets 495 million yen
Total equity 20,712 million yen (2019)
Owners Mitsubishi Chemical Corporation 50%
Oji Holdings 50%
Number of employees
349 (2024)
Website yupousa.com OOjs UI icon edit-ltr-progressive.svg
Footnotes /references
[1] [2]
Yupo synthetic paper YupoTracingPaper-13022009710.png
Yupo synthetic paper

Yupo Corporation is a Japanese manufacturer of synthetic paper. It is the largest manufacturer of synthetic paper in the world with a 70% market share. [3] It is owned by Mitsubishi Chemical Corporation and Oji Holdings, also known as the Oji Paper Company.

Contents

The firm produces the Yupo brand of polypropylene synthetic paper. [4]

History

Yupo Corporation was established as Oji Yuka Synthetic Paper Co. Ltd in 1970 as a 50/50 joint venture between Oji Paper (now Oji Holdings) and Mitsubishi Petrochemical (now Mitsubishi Chemical). One year prior in 1969, the two companies had established Oji Yuka Synthetic Paper Research Institute Co., Ltd. While they did work on the development of new products, the company was established because they had developed manufacturing techniques for synthetic paper made of polypropylene. [5] At the time, it attracted a great deal of attention as a joint venture between the Mitsubishi and Mitsui systems that went beyond the usual zaibatsu framework.

The brand name of the synthetic paper is Yupo, which is a combination of "YU" from Mitsubishi Yuka, "P" from paper, and "O" from Oji Paper Co. [5] The initial strategy was to sell their products as a substitute for coated paper and other similar products, but the cost increase caused by the 1970s energy crisis made them change that strategy to sell it instead for applications which paper was ill suited for. [5]

For a long time, the Kashima Plant in Ibaraki Prefecture was the only production base, but due to the growth in exports, Yupo expanded to a second production base in the United States in 1998 for domestic production and sales. [6] A sales company was also established in Europe in 2000. [6] Yupo also has multiple sales offices in Asia. [7]

Chronology

Yupo-A sample of slap-sticker 2008 TIGAX Yupo a sample of slap-sticker.jpg
Yupo-A sample of slap-sticker

Main locations

The corporate headquarters is located at 4 Shin Ochanomizu Building, Kanda-Surugadai, Chiyoda, Tokyo. [2]

The company's production base is the Kashima factory of Mitsubishi Chemical located in Ibaraki Prefecture Kamisu City Towada, close to Ibaraki Plant. [8] Its subsidiary, Yupo Corporation America, is located in Virginia. [8]

References

  1. ↑ "株式会社ユポ・コーポレーション 第45期決算公告 | 官報決算データベース" [Yupo Corporation 45th Fiscal Year Financial Statements Announcement]. catr.jp (in Japanese). June 28, 2019. Retrieved November 10, 2024.
  2. 1 2 "会社概要" [Company Profile] (in Japanese). Yupo Corporation. Retrieved November 10, 2024.
  3. ↑ Yano Research Institute Ltd. (2012) "Perspectives and strategies for the 2012 high-performance paper market"
  4. ↑ "商標について" [Trademarks] (in Japanese). Yupo Corporation. Retrieved November 10, 2024.
  5. 1 2 3 4 5 6 7 8 "Company History". Shashi: The Journal of Japanese Business and Company History: 143–144.
  6. 1 2 3 4 5 6 7 "Company History". Shashi: The Journal of Japanese Business and Company History: 470–472.
  7. ↑ "海外拠点" [Overseas Bases] (in Japanese). Yupo Corporation. Retrieved November 10, 2024.
  8. 1 2 "事業所案内" [Business Location Information] (in Japanese). Yupo Corporation. Retrieved November 10, 2024.

Sources

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