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Nippon outlines 10-yr plan.


NIPPON OUTLINES 10-YR PLAN. Nippon Paper Group, Tokyo, Japan group said its vision for the next 10 years includes a goal of 8% operational profits and sales of Yen 1.5 trillion (US$ 13 billion) annually by the year 2015. The group's revenues in 2005 are expected to be Yen 1.18 trillion (US$ 10.4 billion). The group plans to relocate production and improve distribution costs distribution costs distribute nplVertriebskosten pl . Sales will be expanded with overseas investment.

IN OTHER NIPPON NEWS: The company plans to invest as much as Yen 3.5 billion (US$ 31 million) renovating the calender CALENDER. An almanac. Julius Caesar ordained that the Roman year should consist of 365 days, except every fourth year, which should contain 366, the additional day to be reckoned by counting the twenty-fourth day of February (which was the 6th of the calends of March) twice.  stack at its Ishinomaki mill. The mill will also expand chip and coal stockyard stockyard

1. public saleyard where livestock are sold, usually by auction.

2. yards for working cattle or sheep on private property.
 to adjacent reclaimed re·claim  
tr.v. re·claimed, re·claim·ing, re·claims
1. To bring into or return to a suitable condition for use, as cultivation or habitation: reclaim marshlands; reclaim strip-mined land.
 land, which will lead to annual savings in handling costs of Yen 400 to 500 million (US$ 3.5 to 4.2 million).
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Title Annotation:INDUSTRY NEWS
Publication:Solutions - for People, Processes and Paper
Date:Sep 1, 2005
Words:136
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