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Daio Paper to Record 6.3 Billion Yen Insurance Claim as Extraordinary Income

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Daio Paper to Record 6.3 Billion Yen Insurance Claim as Extraordinary Income

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

Daio Paper Corporation announced it will record an extraordinary income of 6,334 million yen from an insurance claim related to a boiler damage incident at its subsidiary, Iwaki Daio Paper Corporation. The financial impact of this income on the company’s fiscal year ending March 2026 is still being assessed and will be communicated when determined.

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 industry, focusing on the production and distribution of paper products. It is listed on the Prime Market of the Tokyo Stock Exchange, indicating its significant presence in the market.

Average Trading Volume: 266,065

Technical Sentiment Signal: Hold

Current Market Cap: Yen146.4B

For an in-depth examination of 3880 stock, go to TipRanks’ Overview page.

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