Daio Paper Corporation
3880・Prime Market・Pulp & Paper
Governance
Transitioned from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee in June 2025. The Board of Directors comprises internal and outside directors, and the company has established a voluntary Nomination Committee and Compensation Committee, each chaired by an independent outside director. The Board of Directors met 15 times per year, with a 100% attendance rate for all members.
Risk Management
The Risk & Compliance Committee, chaired by the director in charge of risk and compliance, comprehensively identifies and assesses risks across the group and reports regularly to the Management Committee and the Board of Directors. Sustainability risks are centrally managed by the Sustainability Committee, which has established a framework to report to the Management Committee on a quarterly basis.
Shareholder Returns
For FY2026 (ending March 2026), the company implemented an annual dividend of ¥14 per share (interim ¥7, year-end ¥7), with a payout ratio of 26.1%. The same annual dividend of ¥14 is forecast for FY2027 (ending March 2027). During the fiscal year under review, the company acquired ¥13,721 million of treasury stock, increasing the year-end treasury stock count to 14,796,266 shares.
Dividend Policy
The basic policy is to continue stable dividends while taking into account business performance and the need to strengthen internal reserves, with dividends paid twice a year through interim and year-end dividends. For FY2026 (ending March 2026), the company implemented an annual dividend of ¥14.00 per share (interim ¥7.00, year-end ¥7.00), representing a payout ratio of 26.1% and a dividend-on-equity ratio of 1.0%. The same annual dividend of ¥14.00 is forecast for FY2027 (ending March 2027). Internal reserves are to be utilized for upfront investment in growth areas, capital expenditures, and improvement of the financial structure.
ESG
Positioning climate change response as a top-priority issue, the company has set targets of a 46% reduction in fossil-derived CO₂ emissions by FY2030 (versus FY2013) and carbon neutrality by FY2050, while advancing TCFD disclosure. In human capital, it has set KPIs such as a 10% female manager ratio (FY2030 target) and a 100% paternity leave uptake rate for men, and is also working on diversity and health management, including certification as an "Excellent Health Management Corporation" for nine consecutive years and acquisition of Platinum Kurumin certification.
Last updated: June 25, 2026