As of March 24, 2026, Hokuetsu Corporation is expected to be excluded from Daio Paper’s other affiliated companies. Hokuetsu Corporation transferred 11,000,000 shares of treasury stock, reducing its voting rights ownership ratio from 24.83% to 19.71%.<\/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":"3880","jir_company_name":"Daio Paper 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\/3880-20260319-02.pdf","jir_short_summary":"As of March 24, 2026, Hokuetsu Corporation is expected to be excluded from Daio Paper's other affiliated companies. Hokuetsu Corporation transferred 11,000,000 shares of treasury stock, reducing its voting rights ownership ratio from 24.83% to 19.71%.","jir_summary":"### Overview of the Change\nDaio Paper Corporation announced that, as of March 24, 2026, Hokuetsu Corporation, which was an equity-method affiliated company, is expected to no longer qualify as an other affiliated company. This is due to Hokuetsu Corporation applying for and transferring 11,000,000 shares of Daio Paper treasury stock through an off-floor share buyback transaction. As a result, Hokuetsu Corporation's voting rights ownership ratio will decrease from 24.83% to 19.71%.\n\n### Impact on Shareholders and Future Outlook\nWith the reduction in Hokuetsu Corporation's shareholding ratio, the company will be excluded from the equity-method affiliated companies; however, the impact on Daio Paper's financial performance is considered minor. Daio Paper will promptly disclose any significant developments in the future. Additionally, Hokuetsu Corporation will continue its product trading relationship, but there are no personnel ties.","jir_financial_highlights":"Number of Treasury Shares Transferred: 11,000,000 shares (Unknown)\nHokuetsu Corporation Voting Rights Ownership Ratio (Before Change): 24.83% (Unknown)\nHokuetsu Corporation Voting Rights Ownership Ratio (After Change): 19.71% (Decrease)","jir_category":"","jir_hashtags":"#DaioPaperCorporation, #ChangeInOtherAffiliatedCompanies, #JapaneseStocks","jir_key_figures":"Number of Treasury Shares Transferred: 11,000,000 shares\nVoting Rights Ownership Ratio (Before Change): 24.83%\nVoting Rights Ownership Ratio (After Change): 19.71%","jir_meta_title":"Daio Paper Announces Change in Affiliated Company with Hokuetsu Corporation; Transfer of 11,000,000 Shares Reduces Voting Rights Ratio to 19.71%","jir_meta_description":"Daio Paper Corporation announced that, as of March 24, 2026, Hokuetsu Corporation is expected to no longer qualify as an other affiliated company. Hokuetsu Corporation transferred 11,000,000 shares of treasury stock, reducing its voting rights ownership ratio from 24.83% to 19.71%. The impact on business performance is minor.","jir_og_title":"Daio Paper Announces Change in Affiliated Company with Hokuetsu Corporation","jir_og_description":"Hokuetsu Corporation to be excluded from Daio Paper\u2019s other affiliated companies. Transfer of 11,000,000 treasury shares reduces voting rights ratio. Impact on business performance is minor.","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":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-35397","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n