Nippon Unipac was founded in 1949. Originally named Jujo Paper Co., Ltd, the company underwent a series of mergers over the next four decades until 1993, when it was renamed. Its wealth has grown consistently since its inception, allowing for numerous take-overs and purchases of smaller subsidiaries, including Australian Paper and Weyerhaeuser[4].
Nippon Unipac currently has 33 subsidiaries and 11 associate companies, also producing film, chemicals and lumber, and is the largest paper producer in Japan[5].