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Daio Paper Completes Asset Transfer with Minimal Financial Impact

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Daio Paper Completes Asset Transfer with Minimal Financial Impact

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Daio Paper Corporation ( (JP:3880) ) has issued an update.

Daio Paper Corporation has completed the partial transfer of fixed assets from its subsidiary, Elleair International China (Nantong) Co., Ltd., to Hangzhou Haoyue Industrial Co., Ltd. This transfer is not expected to significantly impact the company’s consolidated financial results for the fiscal year ending March 31, 2026.

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. The company is known for its home and personal care products, and it has a significant market presence in the Asian region.

YTD Price Performance: -0.15%

Average Trading Volume: 330,759

Technical Sentiment Signal: Sell

Current Market Cap: Yen136.8B

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

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