Provided is an information management method for use in an information management system that includes a coordinate pointing device for identifying a paper medium, and a contents server for managing a digital document, and holds an attribute of the digital document and an attribute of a paper document obtained by printing the digital document on the paper medium, the information management method comprising: judging whether a paper document identified by the coordinate pointing device is a master of a document by referring to an attribute of the paper document; and permitting, when it is judged that the identified paper document is the master of the document, to update information annotated to the identified paper document in a digital document corresponding to the paper document to which the information has been annotated.