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Daio Paper Corporation ( (JP:3880) ) has issued an update.
Daio Paper Corporation has been selected for the Ministry of Economy, Trade and Industry’s support project to convert energy and manufacturing processes in hard-to-abate sectors. The company plans to construct waste-to-energy power generation equipment at its Mishima Plant, aiming to significantly reduce CO2 emissions by utilizing high-chlorine waste and local municipal waste as fuel. This initiative aligns with Daio’s long-term vision for sustainable management and carbon neutrality, although it is expected to have an insignificant impact on the company’s financial results for the fiscal year ending March 31, 2026.
The most recent analyst rating on (JP:3880) stock is a Hold with a Yen940.00 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 and pulp industry, focusing on the production of paper, paperboard, and personal care products. The company is committed to environmental sustainability and aims to achieve carbon neutrality by 2050.
Average Trading Volume: 237,800
Technical Sentiment Signal: Hold
Current Market Cap: Yen147.3B
For detailed information about 3880 stock, go to TipRanks’ Stock Analysis page.