New Risk • 16h
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • May 21
Full year 2026 earnings released: EPS: JP¥53.73 (vs JP¥67.29 loss in FY 2025) Full year 2026 results: EPS: JP¥53.73 (up from JP¥67.29 loss in FY 2025). Revenue: JP¥666.8b (flat on FY 2025). Net income: JP¥8.89b (up JP¥20.1b from FY 2025). Profit margin: 1.3% (up from net loss in FY 2025). Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Tillkännagivande • May 15
Daio Paper Corporation, Annual General Meeting, Jun 29, 2026 Daio Paper Corporation, Annual General Meeting, Jun 29, 2026. Tillkännagivande • May 09
Daio Paper Corporation to Report Fiscal Year 2026 Results on May 15, 2026 Daio Paper Corporation announced that they will report fiscal year 2026 results on May 15, 2026 Tillkännagivande • Mar 27
Daio Paper Corporation (TSE:3880) completed the acquisition of 16.24% stake in Hokuetsu Corporation (TSE:3865) from Daio Kaiun Co.,Ltd. and Misuga Kaiun Co., Ltd. Daio Paper Corporation (TSE:3880) agreed to acquire an additional 16.23% stake in Hokuetsu Corporation (TSE:3865) from Daio Kaiun Co.,Ltd. and Misuga Kaiun Co., Ltd. for ¥26.3 billion on March 18, 2026. A cash consideration of ¥26.34 billion will be paid by Daio Paper Corporation. As part of consideration, ¥26.34 billion is paid towards common equity of Hokuetsu Corporation. Before completion, Daio Paper Corporation owns 1.35% stake in Hokuetsu Corporation. Upon completion, Daio Paper Corporation will own 17.58% stake in Hokuetsu Corporation.
The expected completion of the transaction is March 27, 2026.
Daio Paper Corporation (TSE:3880) completed the acquisition of 16.24% stake in Hokuetsu Corporation (TSE:3865) from Daio Kaiun Co.,Ltd. and Misuga Kaiun Co., Ltd. on March 27, 2026. Tillkännagivande • Dec 02
Daio Paper Corporation to Report Q3, 2026 Results on Feb 13, 2026 Daio Paper Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Tillkännagivande • Sep 03
Daio Paper Corporation to Report Q2, 2026 Results on Nov 14, 2025 Daio Paper Corporation announced that they will report Q2, 2026 results on Nov 14, 2025 Tillkännagivande • Jun 03
Daio Paper Corporation to Report Q1, 2026 Results on Aug 08, 2025 Daio Paper Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Tillkännagivande • May 15
Daio Paper Corporation, Annual General Meeting, Jun 26, 2025 Daio Paper Corporation, Annual General Meeting, Jun 26, 2025. Tillkännagivande • Mar 08
Daio Paper Corporation to Report Fiscal Year 2025 Results on May 15, 2025 Daio Paper Corporation announced that they will report fiscal year 2025 results on May 15, 2025 Tillkännagivande • Mar 07
Evyap Holding A.S. agreed to acquire Elleair International Turkey Kisisel Bakim Ürünleri Üretim A.S. from Daio Paper Corporation (TSE:3880). Evyap Holding A.S. agreed to acquire Elleair International Turkey Kisisel Bakim Ürünleri Üretim A.S. from Daio Paper Corporation (TSE:3880) on March 6, 2025. The expected completion of the transaction is June 11, 2025 to June 20, 2025. Tillkännagivande • Feb 14
Daio Paper Corporation Announces Executive Changes Daio Paper Corporation announced retirement of Yoichiro Yamakawa as Outside Audit & Supervisory Board member and retirement of Toshiki Yamagami. Current position: Managing Executive Officer President and Representative Director of Elleair International Turkey Kiisel Bakim Ürünleri Üretim A.- New position President and Representative Director of Elleair International Turkey Kiisel Bakim Ürünleri Üretim A. Tillkännagivande • Dec 03
Daio Paper Corporation to Report Q3, 2025 Results on Feb 14, 2025 Daio Paper Corporation announced that they will report Q3, 2025 results on Feb 14, 2025 Tillkännagivande • Sep 23
Daio Paper Corporation(TSE:3880) dropped from FTSE All-World Index (USD) Daio Paper Corporation(TSE:3880) dropped from FTSE All-World Index (USD) Upcoming Dividend • Sep 20
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.5%). Tillkännagivande • Aug 29
Daio Paper Corporation to Report Q2, 2025 Results on Nov 14, 2024 Daio Paper Corporation announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: JP¥6.51 loss per share (vs JP¥19.90 profit in 1Q 2024) First quarter 2025 results: JP¥6.51 loss per share (down from JP¥19.90 profit in 1Q 2024). Revenue: JP¥166.3b (up 2.6% from 1Q 2024). Net loss: JP¥1.08b (down 133% from profit in 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Declared Dividend • Jul 11
Final dividend of JP¥7.00 announced Shareholders will receive a dividend of JP¥7.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 141%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (9% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥27.10 (vs JP¥209 loss in FY 2023) Full year 2024 results: EPS: JP¥27.10 (up from JP¥209 loss in FY 2023). Revenue: JP¥671.7b (up 3.9% from FY 2023). Net income: JP¥4.51b (up JP¥39.2b from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 4.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 17
Daio Paper Corporation, Annual General Meeting, Jun 26, 2024 Daio Paper Corporation, Annual General Meeting, Jun 26, 2024. Buy Or Sell Opportunity • May 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to €5.70. The fair value is estimated to be €7.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.5%). Tillkännagivande • Mar 02
Daio Paper Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Daio Paper Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: JP¥11.48 loss per share (vs JP¥94.77 loss in 3Q 2023) Third quarter 2024 results: JP¥11.48 loss per share (improved from JP¥94.77 loss in 3Q 2023). Revenue: JP¥172.5b (flat on 3Q 2023). Net loss: JP¥1.91b (loss narrowed 88% from 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 13
Second quarter 2024 earnings released: EPS: JP¥3.72 (vs JP¥58.20 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥3.72 (up from JP¥58.20 loss in 2Q 2023). Revenue: JP¥169.2b (up 4.9% from 2Q 2023). Net income: JP¥618.0m (up JP¥10.3b from 2Q 2023). Profit margin: 0.4% (up from net loss in 2Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥7.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.4%). Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: JP¥19.90 (vs JP¥8.20 in 1Q 2023) First quarter 2024 results: EPS: JP¥19.90 (up from JP¥8.20 in 1Q 2023). Revenue: JP¥162.0b (up 10.0% from 1Q 2023). Net income: JP¥3.31b (up 143% from 1Q 2023). Profit margin: 2.0% (up from 0.9% in 1Q 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 26
Daio Paper Corporation Announces Executive Changes Daio Paper Corporation announces that have resolved at the Board of Directors meeting held on May 12, 2023, to make changes to Representative Directors, etc. and partial change to the announcement "Changes of Directors, etc." dated March 9, 2023. 1. Reasons for Change to the Announcement "Change of Directors, etc." New position Advisor (part-time) Name: Toshihiro Adachi. Current position: Executive Vice President and Representative Director Executive Vice President Responsible for Corporate Unit, Risk & Compliance and Sustainability; General Manager of Business Administration Division, Corporate Unit. 4. Change of Executive Officers (Dated June 29, 2023) (1) Change of Executive Officers: New position Executive Officer Deputy General Manager of Resources and Materials Procurement Division <Responsible for Procurement Planning Division and Overseas Resources Division> Name: Mikiro Shiramine, > Junichi Ikawa: Executive Officer general Manager of Accounting Department, Business Administration Division, Corporate Unit. Reported Earnings • May 17
Full year 2023 earnings released: JP¥209 loss per share (vs JP¥143 profit in FY 2022) Full year 2023 results: JP¥209 loss per share (down from JP¥143 profit in FY 2022). Revenue: JP¥646.2b (up 5.5% from FY 2022). Net loss: JP¥34.7b (down 246% from profit in FY 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥9.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.4%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥94.78 loss per share (vs JP¥33.49 profit in 3Q 2022) Third quarter 2023 results: JP¥94.78 loss per share (down from JP¥33.49 profit in 3Q 2022). Revenue: JP¥172.2b (up 14% from 3Q 2022). Net loss: JP¥15.7b (down 383% from profit in 3Q 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 16
Second quarter 2023 earnings released: JP¥58.20 loss per share (vs JP¥28.54 profit in 2Q 2022) Second quarter 2023 results: JP¥58.20 loss per share (down from JP¥28.54 profit in 2Q 2022). Revenue: JP¥161.4b (up 6.2% from 2Q 2022). Net loss: JP¥9.66b (down 304% from profit in 2Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Naosuke Oda was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥58.20 loss per share (vs JP¥28.54 profit in 2Q 2022) Second quarter 2023 results: JP¥58.20 loss per share (down from JP¥28.54 profit in 2Q 2022). Revenue: JP¥161.4b (up 6.2% from 2Q 2022). Net loss: JP¥9.66b (down 304% from profit in 2Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Nov 12
Daiodaio Paper Corporation Revises Consolidated Earnings Guidance for the Six Months Ending September 30, 2022; Revises Earnings Guidance for the Year Ending March 31, 2023 Daio Paper Corporation revised consolidated earnings guidance for the six months ending September 30, 2022 and for the Year Ending March 31, 2023. For the six months, the company revised net sales of JPY 308,679 million, operating loss of JPY 7,264 million, loss attributable to owners of parent of JPY 8,301 million and loss per share to be JPY 50.02 compared to previous guidance of net sales of JPY 300,000 million, operating loss of JPY 7,000 million, loss attributable to owners of parent of JPY 5,000 million or JPY (30.13) basic loss per share,Daio Paper Corporation revised consolidated earnings guidance for the Year Ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 660,000 million, operating loss of JPY 14,000 million, loss attributable to owners of parent of JPY 30,000 million and loss per share JPY 180.71, compared to previous guidance of net sales of JPY 660,000 million, operating profit of JPY 3000 million, loss attributable to owners of parent of JPY 4,000 million or JPY 24.12 per basic share. Tillkännagivande • Nov 11
Daio Paper Corporation Announces Dividend for the Second Quarter End of Fiscal Year Ending March 31, 2023, Payable on December 6, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023 Daio Paper Corporation announced dividend for the second quarter end of fiscal year ending March 31, 2023. For the quarter, the company announced dividend of JPY 7.00 against JPY 10.00 a year ago. Payable on December 6, 2022.For the year ending March 31, 2023, the company expects to pay dividend of JPY 9.00 against JPY 12.00 a year ago. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 07 December 2022. Payout ratio is a comfortable 20% and the cash payout ratio is 78%. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.1%). Tillkännagivande • Aug 28
Daio Paper Corporation to Report Q3, 2023 Results on Feb 10, 2023 Daio Paper Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: JP¥8.20 (vs JP¥40.47 in 1Q 2022) First quarter 2023 results: EPS: JP¥8.20 (down from JP¥40.47 in 1Q 2022). Revenue: JP¥147.3b (up 1.6% from 1Q 2022). Net income: JP¥1.36b (down 80% from 1Q 2022). Profit margin: 0.9% (down from 4.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.3%, compared to a 3.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 13
Daio Paper Corporation (TSE:3880) concluded a Share Transfer Agreement to acquire Daiki Co., Ltd. from Marunouchi Capital Inc. for ¥7.4 billion. Daio Paper Corporation (TSE:3880) concluded a Share Transfer Agreement to acquire Daiki Co., Ltd. from Marunouchi Capital Inc. for ¥7.4 billion on August 12, 2022. Post completion, Daiki will become a subsidiary of Daio Paper Corporation. For the fiscal year ending April 2022, Daiki reported Net Assets of ¥4,037 million, Total Assets of ¥10,871 million, Net Sales of ¥2,713 million and Operating Profit of ¥152 million. Date of Execution of Share Transfer is scheduled for October 3, 2022. Tillkännagivande • Jul 06
Daio Paper Corporation Announces Board Changes Daio Paper Corporation announced that the board meeting held on June 29, 2022, implement the change of its Representative director. Reasons for the change: As stated in "Regarding Partial Withdrawal of the Proposals for the 111th Annual General Meeting of Shareholders," dated June 29, 2022, Mr. Masayoshi Sako will retire from his current position as Representative Director having completed his term in office. Details of the change: New Position: Honorary Advisor. Current Position: Chairperson and Representative Director. Tillkännagivande • Jun 29
Daio Paper Corporation to Report Q1, 2023 Results on Aug 12, 2022 Daio Paper Corporation announced that they will report Q1, 2023 results on Aug 12, 2022 Buying Opportunity • Jun 08
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be €12.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings is forecast to decline by 15% per annum over the same time period. Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥143 (vs JP¥139 in FY 2021) Full year 2022 results: EPS: JP¥143 (up from JP¥139 in FY 2021). Revenue: JP¥612.3b (up 8.8% from FY 2021). Net income: JP¥23.7b (up 7.3% from FY 2021). Profit margin: 3.9% (in line with FY 2021). Over the next year, revenue is forecast to grow 4.4%, compared to a 8.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Haruko Ozeki was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 08
Daio Paper Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Daio Paper Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (3.3%). Tillkännagivande • Feb 28
Daio Paper Corporation Announces Resignation of Nobuhiko Yoshid as Director Daio Paper Corporation announced resignation of Nobuhiko Yoshid, outside director. Date of resignation February 28, 2022. Reason for resignation Personal reasons. Yoshida serves as the chair of the Remuneration Committee and Nomination Committee, which the Company established on a voluntary basis. The chairs of these committees will become temporarily vacant with his resignation, and the Company plans to appoint his successors swiftly. Buying Opportunity • Feb 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥15.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% per annum over the last 3 years. Earnings per share has grown by 41% per annum over the last 3 years. Reported Earnings • Feb 11
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥33.49 (down from JP¥44.50 in 3Q 2021). Revenue: JP¥150.7b (flat on 3Q 2021). Net income: JP¥5.56b (down 25% from 3Q 2021). Profit margin: 3.7% (down from 4.9% in 3Q 2021). Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 1.6%, compared to a 4.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 14
Second quarter 2022 earnings released: EPS JP¥28.54 (vs JP¥21.79 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥151.9b (up 7.8% from 2Q 2021). Net income: JP¥4.73b (up 40% from 2Q 2021). Profit margin: 3.1% (up from 2.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.9%). Reported Earnings • Aug 08
First quarter 2022 earnings released: EPS JP¥40.47 (vs JP¥39.45 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: JP¥145.0b (up 20% from 1Q 2021). Net income: JP¥6.72b (up 13% from 1Q 2021). Profit margin: 4.6% (down from 4.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥139 (vs JP¥128 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥562.9b (up 3.0% from FY 2020). Net income: JP¥22.1b (up 15% from FY 2020). Profit margin: 3.9% (up from 3.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.7%). Tillkännagivande • Mar 04
Daio Paper Corporation to Report Fiscal Year 2021 Results on May 14, 2021 Daio Paper Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Feb 20
New 90-day high: €16.50 The company is up 16% from its price of €14.20 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.71 per share. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥44.50 (vs JP¥30.02 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥150.9b (up 12% from 3Q 2020). Net income: JP¥7.37b (up 64% from 3Q 2020). Profit margin: 4.9% (up from 3.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue beats expectations Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 4.7% while theForestry industry in Germany is not expected to grow. Tillkännagivande • Feb 10
Daio Paper Corporation, Annual General Meeting, Jun 29, 2021 Daio Paper Corporation, Annual General Meeting, Jun 29, 2021. Agenda: To consider changes to Directors, Executive Officers and Division Head, effective April 1, 2021, and the candidates for Directors, Audit and Supervisory Board Members to be elected and the change of Executive Officers. Is New 90 Day High Low • Jan 05
New 90-day high: €15.80 The company is up 31% from its price of €12.10 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.48 per share. Is New 90 Day High Low • Dec 17
New 90-day high: €14.60 The company is up 33% from its price of €11.00 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.15 per share. Tillkännagivande • Dec 03
Daio Paper Corporation to Report Q3, 2021 Results on Feb 10, 2021 Daio Paper Corporation announced that they will report Q3, 2021 results on Feb 10, 2021 Analyst Estimate Surprise Post Earnings • Nov 16
Revenue beats expectations Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 5.7% compared to a 1.5% decline forecast for the Forestry industry in Germany. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue beats expectations Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 5.7% compared to a 1.6% decline forecast for the Forestry industry in Germany. Reported Earnings • Nov 13
Second quarter 2021 earnings released: EPS JP¥30.49 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥130.8b (down 5.3% from 2Q 2020). Net income: JP¥4.67b (down 45% from 2Q 2020). Profit margin: 3.6% (down from 6.2% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Nov 11
Daio Paper Corporation (TSE:3880) made an offer to acquire 8.53% stake in Elleair International (Thailand) Co.,Ltd. from Saha Pathanapibul Public Company Limited (SET:SPC) for approximately THB 130 million. Daio Paper Corporation (TSE:3880) made an offer to acquire 8.53% stake in Elleair International (Thailand) Co.,Ltd. from Saha Pathanapibul Public Company Limited (SET:SPC) for approximately THB 130 million on November 10, 2020. Daio Paper will now acquire 156,500 shares at a price of THB 800 per share. Saha Pathanapibul will not hold any share of Elleair post transaction. The Board of Saha Pathanapibul resolved on the transaction. Is New 90 Day High Low • Nov 05
New 90-day high: €12.70 The company is up 12% from its price of €11.30 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.50 per share. Is New 90 Day High Low • Oct 13
New 90-day high: €12.30 The company is up 7.0% from its price of €11.50 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.71 per share. Is New 90 Day High Low • Sep 28
New 90-day high: €11.90 The company is up 3.0% from its price of €11.60 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.78 per share. Tillkännagivande • Sep 04
Daio Paper Corporation to Report Q2, 2021 Results on Nov 11, 2020 Daio Paper Corporation announced that they will report Q2, 2021 results on Nov 11, 2020 Tillkännagivande • Jul 30
Daio Paper Corporation (TSE:3880) completed the acquisition of Özen Kisisel Bakim Ürünleri Üretim A.S. from Yildiz Holding A.S. Daio Paper Corporation (TSE:3880) agreed to acquire Özen Kisisel Bakim Ürünleri Üretim A.S. from Yildiz Holding A.S. for TRY 165 million on February 27, 2020. The consideration shall be paid in cash. As per terms, Daio Paper Corporation shall pay TRY 165 million equivalent to ¥3 billion to acquire 6.16 million shares of Özen Kisisel Bakim Ürünleri Üretim A.S. to Yildiz Holding A.S. The transaction is subjected to the approval of Turkish Competition Authority. The transaction is expected to complete in early April, 2020.
Daio Paper Corporation (TSE:3880) completed the acquisition of Özen Kisisel Bakim Ürünleri Üretim A.S. from Yildiz Holding A.S. on May 29, 2020. As a part of the transaction, Daio Paper Corporation has changed Özen Kisisel Bakim Ürünleri Üretim A.S.'s corporate name to Elleair International Turkey Kisisel Bakim Ürünleri Üretim A.S.