Hokuetsu Corporation has applied to purchase 11,000,000 shares in Daio Paper Corporation\u2019s treasury stock buyback transaction. If all applied shares are purchased, it is expected to cease being an equity-method affiliate.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3865","jir_company_name":"Hokuetsu Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-18","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3865-20260318-04.pdf","jir_short_summary":"Hokuetsu Corporation has applied to purchase 11,000,000 shares in Daio Paper Corporation\u2019s treasury stock buyback transaction. If all applied shares are purchased, it is expected to cease being an equity-method affiliate.","jir_summary":"### Overview of Application for Treasury Stock Purchase Transaction\nHokuetsu Corporation has decided to apply for the purchase of 11,000,000 shares out of the 41,589,008 shares of Daio Paper Corporation, its equity-method affiliate, through the off-auction purchase transaction (ToSTNeT-3) conducted by Daio Paper Corporation. This action is part of capital policy aimed at building an equitable capital relationship, following the deepening of the strategic business alliance between the two companies.\n\n### Impact on Shareholders and Future Outlook\nIf all the applied shares are purchased, Hokuetsu Corporation is expected to be excluded from Daio Paper Corporation\u2019s equity-method affiliates. Consequently, a loss on sale of affiliate shares may occur in the consolidated financial results for the fiscal year ending March 2026. Should material impacts on performance arise, information will be promptly disclosed.","jir_financial_highlights":"Number of Shares Applied: 11,000,000 shares (Unknown)\nShares Held (Daio Paper Corporation): 41,589,008 shares (Unknown)\nExpected Loss on Sale of Affiliate Shares: Unknown (Unknown)","jir_category":"","jir_hashtags":"#HokuetsuCorporation, #ShareBuyback, #DaioPaperCorporation, #CapitalPolicy, #JapaneseStocks","jir_key_figures":"Number of Shares Applied: 11,000,000 shares (Number of shares applied for the treasury stock purchase transaction)\nShares Held: 41,589,008 shares (Number of Daio Paper Corporation shares held)\nImpact on Consolidated Financial Results: Expected loss on sale of affiliate shares (details unknown)","jir_meta_title":"Hokuetsu Corporation Decides to Apply for 11,000,000 Shares in Daio Paper Corporation\u2019s Treasury Stock Purchase Transaction","jir_meta_description":"Hokuetsu Corporation applies for 11,000,000 shares in Daio Paper Corporation\u2019s off-auction treasury stock purchase transaction. If all applied shares are purchased, it is expected to cease being an equity-method affiliate, impacting consolidated results for the fiscal year ending March 2026.","jir_og_title":"Hokuetsu Corporation Applies for 11,000,000 Daio Paper Corporation Shares in Treasury Stock Purchase Transaction","jir_og_description":"Hokuetsu Corporation applies for Daio Paper Corporation\u2019s treasury stock purchase transaction. If all applied shares are purchased, it is expected to cease being an equity-method affiliate.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9134,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-35329","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n