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Daio Paper Corporation ( (JP:3880) ) has issued an update.
Daio Paper Corporation has announced its strategic business alliance with Hokuetsu Corporation, which holds 24.82% of its voting rights, aiming to enhance corporate value through collaborative initiatives. Despite this relationship, Daio Paper maintains its independence in management and business activities, ensuring no constraints from Hokuetsu on its operations.
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 listed on the Prime Market of the Tokyo Stock Exchange and maintains a strategic business alliance with Hokuetsu Corporation, which holds a significant minority stake.
Average Trading Volume: 365,172
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen131B
For an in-depth examination of 3880 stock, go to TipRanks’ Overview page.