TOKYO -- Paper company Oji Holdings is expected to report a 5% year-on-year rise in group operating profit with 52 billion yen ($457 million) for the April-December period, buoyed by cardboard and household paper goods, along with lower fuel and materials costs.
Sales for the Tokyo-based company are estimated to have dropped 3% to 1.04 trillion yen for the nine-month period. Domestic paper sold softly, and a strong yen tore into overseas sales.
