Hokuetsu Corporation has sold 11,000,000 shares of Daio Paper\u2019s treasury stock for 12,331 million yen and is expected to be excluded from its equity-method affiliated companies. The settlement date is March 24, 2026.<\/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\u2606\u2606","jir_publication_date":"2026-03-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3865-20260319-02.pdf","jir_short_summary":"Hokuetsu Corporation has sold 11,000,000 shares of Daio Paper\u2019s treasury stock for 12,331 million yen and is expected to be excluded from its equity-method affiliated companies. The settlement date is March 24, 2026.","jir_summary":"### Overview of the Change\nHokuetsu Corporation applied for 11,000,000 shares in Daio Paper\u2019s treasury stock off-auction purchase transaction (ToSTNeT-3), an equity-method affiliated company, and the sale of all shares was successfully completed. Consequently, Daio Paper is expected to be excluded from the equity-method affiliated companies as of March 24, 2026. The sale amount is 12,331 million yen. Both companies aim to build an equal capital relationship to deepen their strategic business alliance, and this transaction is part of that effort.\n\n### Impact on Shareholders and Future Outlook\nAs a result of the transfer, Hokuetsu Corporation\u2019s voting rights ownership ratio in Daio Paper will decrease from 24.83% to 19.70%. A loss on sale of investment securities in affiliated companies is expected in the consolidated financial statements for the fiscal year ending March 2026; however, at this point, it is not anticipated to have a material impact on operating results. Any future impact will be promptly disclosed.","jir_financial_highlights":"Number of Shares Transferred: 11,000,000 shares (Unknown)\nTransfer Amount: 12,331 million yen (Unknown)\nVoting Rights Ownership Ratio (Before Transfer): 24.83% (Unknown)\nVoting Rights Ownership Ratio (After Transfer): 19.70% (Unknown)","jir_category":"","jir_hashtags":"#HokuetsuCorporation, #ShareBuyback, #EquityMethodAffiliatedCompany","jir_key_figures":"Number of Shares Transferred: 11,000,000 shares\nTransfer Amount: 12,331 million yen\nVoting Rights Ownership Ratio (Before Transfer): 24.83%\nVoting Rights Ownership Ratio (After Transfer): 19.70%\nTransfer Settlement Date: Scheduled for March 24, 2026","jir_meta_title":"Hokuetsu Corporation Sells 11,000,000 Shares of Daio Paper for 12,331 Million Yen, Exiting Equity Method Affiliation","jir_meta_description":"Hokuetsu Corporation sold 11,000,000 shares of Daio Paper\u2019s treasury stock for 12,331 million yen, reducing its voting rights ownership ratio from 24.83% to 19.70%. Settlement is scheduled for March 24, 2026.","jir_og_title":"Hokuetsu Corporation Announces Sale of Daio Paper Treasury Stock","jir_og_description":"Hokuetsu Corporation has sold 11,000,000 shares of Daio Paper\u2019s treasury stock and is expected to be excluded from its equity-method affiliated companies.","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-35395","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n