Daio Paper Secures Government Grant for Coal Boiler Shutdown and Low-Carbon Power Project

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

Daio Paper Corporation has received an official grant allocation decision under Japan’s FY2025 Decarbonization Growth-Oriented Economic Structure Transition Promotion Program run by the Ministry of Economy, Trade and Industry, confirming up to 8 billion yen in subsidies toward a 27.2 billion yen capital investment project to shut down a coal-fired boiler and build new power generation equipment capable of handling high-chlorine fuel. The company expects the initiative, part of a national scheme to support energy and manufacturing process conversion in hard-to-abate sectors such as chemicals, paper pulp, and cement, to have only an insignificant impact on its consolidated earnings for the fiscal year ending March 31, 2026, but it underscores Daio’s move to modernize its energy infrastructure and advance decarbonization efforts in line with sector-wide policy trends.

The most recent analyst rating on (JP:3880) stock is a Hold with a Yen1068.00 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 Japanese manufacturer in the pulp and paper industry, listed on the Tokyo Stock Exchange Prime Market under securities code 3880. The company’s operations span paper and paperboard and related products, with energy-intensive manufacturing that places it among sectors targeted by government decarbonization and process-conversion support programs.

Average Trading Volume: 310,395

Technical Sentiment Signal: Hold

Current Market Cap: Yen166.2B

For a thorough assessment of 3880 stock, go to TipRanks’ Stock Analysis page.