Daio Paper will transfer part of its stake in specified subsidiary Forestal Anchile LTDA. and warehouse real estate at the Kawasaki plant to Daio Kaiun, and plans to acquire up to 17.33% of Hokuetsu Corporation shares (acquisition date: 2026-03-27).<\/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 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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":"3880","jir_company_name":"Daio Paper 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\/3880-20260318-03.pdf","jir_short_summary":"Daio Paper will transfer part of its stake in specified subsidiary Forestal Anchile LTDA. and warehouse real estate at the Kawasaki plant to Daio Kaiun, and plans to acquire up to 17.33% of Hokuetsu Corporation shares (acquisition date: 2026-03-27).","jir_summary":"### Overview and Background of This Transaction\nDaio Paper has decided on a series of transactions that include transferring part of its stake in the specified subsidiary Forestal Anchile LTDA. and warehouse real estate of its Kawasaki plant to Daio Kaiun, while simultaneously acquiring common shares of Hokuetsu Corporation from Daio Kaiun and others. This aims to deepen a strategic business alliance with Hokuetsu Corporation, establish an equitable capital relationship, and enhance corporate value. The valuation of the transferred assets was conducted at a fair price by an external expert institution, and after review by a special committee, it was determined to be a fair and reasonable transaction.\n\n### Details of Transferred Assets and Future Outlook\nForestal Anchile LTDA., the transferred entity, is a specified subsidiary engaged in afforestation business, whose stake will be reduced from 90.2% to 10.0%. The transfer of warehouse real estate at the Kawasaki plant is expected to generate approximately 8 billion yen in gain on disposal. Daio Paper will acquire up to 17.33% of Hokuetsu Corporation shares, with the acquisition date set for 2026-03-27. The impact of these transactions on consolidated financial results is currently under review and will be disclosed promptly if necessary.","jir_financial_highlights":"Gain on Disposal: 8 billion yen (Unknown)\nHokuetsu Corporation Share Acquisition Ratio: Up to 17.33% (Unknown)\nAntile Company's Post-Transfer Shareholding Ratio: 10.0% (Decreased from 90.2% before transfer)","jir_category":"","jir_hashtags":"#DaioPaperCorporation, #TenderOffer, #CapitalPolicy, #JapaneseStocks","jir_key_figures":"Gain on Disposal: 8 billion yen (Warehouse Real Estate at Kawasaki Plant)\nHokuetsu Corporation Share Acquisition Ratio: Up to 17.33% (voting rights basis)\nAntile Company's Post-Transfer Shareholding Ratio: 10.0% (from 90.2% before transfer)","jir_meta_title":"Daio Paper Decides on Transfer of Specified Subsidiary Shares and Acquisition of Up to 17.33% of Hokuetsu Corporation Shares","jir_meta_description":"Daio Paper transfers a portion of its stake in Forestal Anchile LTDA. and warehouse real estate at the Kawasaki plant to Daio Kaiun, while acquiring up to 17.33% of Hokuetsu Corporation shares. This is an important capital policy transaction aimed at enhancing corporate value.","jir_og_title":"Daio Paper Announces Transfer of Specified Subsidiary and Acquisition of Hokuetsu Corporation Shares","jir_og_description":"Daio Paper has decided to transfer shares of a specified subsidiary and acquire shares of Hokuetsu Corporation, aiming to deepen strategic business alliances and enhance corporate value.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9192,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-35332","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n