#StrategicBusinessAlliance

Daio Paper and Hokuetsu Corporation adjusted their mutual voting rights ratios to below 20%, deepening their strategic business alliance. They indicated a medium-term plan to reduce the ratio further to around 5–10% (2026-03-18).

The Company, its consolidated subsidiaries, and JCB have concluded a basic agreement on a strategic business alliance aiming to issue JCB-branded NP corporate cards by the end of September 2027 and establish a scheme linking NP deferred payments and card payments by the end of December 2027.