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Daio Paper Corporation ( (JP:3880) ) just unveiled an update.
Daio Paper Corporation announced the successful restoration and restart of a boiler at its subsidiary, Iwaki Daio Paper Corporation, which was previously damaged in an accident. The restart marks a significant step in sustainability, as the mill will now operate using 100% renewable energy sources, reducing fossil fuel usage significantly. This move is expected to enhance the company’s operational efficiency and environmental footprint, benefiting stakeholders and the local community.
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 is a prominent player in the paper industry, primarily focusing on the production of newsprint and containerboard made from 100% recycled paper. The company is committed to reducing its environmental impact through material recycling and sustainable practices.
Average Trading Volume: 357,595
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen132B
For detailed information about 3880 stock, go to TipRanks’ Stock Analysis page.