Kiyoshi Otsubo

Rengo Co., Ltd. is a paper box manufacturer. The Cardboard and Paper Processing-related segment manufactures and sells paperboard, corrugated board and corrugated boxes. The Soft-type Packaging-related segment manufactures and sells soft-type packaging products and cellophane. The Heavy Duty Packaging-related segment manufactures and sells heavy duty packaging products. The Overseas-related segment manufactures and sells paperboard, corrugated board, corrugated boxes, soft-type and heavy duty packaging products in overseas markets. The Others segment is engaged in the manufacture of nonwoven cloth, foreign paper and others, the logistic business, insurance agency business, lease business and real estate business. As of March 31, 2014, the Company had 100 subsidiaries and 26 associated companies.