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Daio Paper Announces Change in Subsidiary Transferee

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Daio Paper Announces Change in Subsidiary Transferee

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Daio Paper Corporation ( (JP:3880) ) just unveiled an update.

Daio Paper Corporation has announced a change in the transferee for its subsidiary, Elleair International Turkey, transferring shares to two group companies of Evyap Holding. This strategic move, decided after considering the management structure post-acquisition, will not affect Daio’s consolidated financial results.

The most recent analyst rating on (JP:3880) stock is a Hold with a Yen860.00 price target. To see the full list of analyst forecasts on Daio Paper Corporation stock, see the JP:3880 Stock Forecast page.

More about Daio Paper Corporation

Daio Paper Corporation operates in the paper industry, focusing on the production and distribution of paper products, including home and personal care items. The company is listed on the Prime Market of the Tokyo Stock Exchange and engages in various international business operations.

Average Trading Volume: 372,655

Technical Sentiment Signal: Sell

Current Market Cap: Yen138.8B

See more insights into 3880 stock on TipRanks’ Stock Analysis page.

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