KYODO PAPER HOLDINGS is a Japan-based company mainly engaged in the sale of paper products. The Company has three business segments. The Paper Wholesale segment is involved in the wholesale of paper products, as well as the purchase of specialty paper. The Real Estate Rental segment is engaged in the rental of real estate. The Logistics segment is involved in the storage, processing and delivery of customers' products. As of March 31, 2014, the Company had two subsidiaries.