Toilet paper business on a roll in Japan on surge in visitors

Japanese paper manufacturers were expecting a shrinking market due to the declining population but are expanding output instead due to an unexpected boost -- a surge in foreign tourists pushing up demand, inevitably, for toilet paper.An industry official said the current situation was unforeseeable "10 years ago, when we thought the market would shrink due to the aging population and low birthrates."However, Nippon Paper Industries Co., Daio Paper Corp., Oji Holdings Corp. and Mitsubishi Paper Mills Ltd. have all moved to produce more paper beginning this year or next year, on the heels of …READ FULL ARTICLE