Obtained a timber utilization license (IUPHHK-HTI) for a 94,384 ha industrial forest concession.

Began its venture in clonal forestry with Eucalyptus pellita.

Oji Holdings joined as a shareholder.

Made its first domestic log sales.

Started operating an Industrial Wood Processing Complex with a production capacity of 1 million ton (woodchips) and 100,000 tons (wood pellets).

Received forest certificates:
① FSC CW
② FSC CoC

Acquired forest certificates:

① PHPL (Sustainable Production Forest Use)
② VLK (Timber Legality Assurance)
③ PEFC FM

Hit a sales record of 80 million USD

Share distribution changed [Oji : Korindo].