Strengthening Competitiveness through the Strategic Business Alliance with Daio Paper Corporation
First written in FY2024. 3 of 5 entries say "Advanced", first in FY2025. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Our company has accumulated profitability improvement effects of ¥1.3 billion in fiscal 2024, the first year of the alliance, and more than ¥3 billion in fiscal 2025, its second year. In March 2026, the companies also entered into a memorandum of understanding to deepen the strategic business alliance.」
The profitability improvement effects of the alliance with Daio Paper Corporation increased from ¥1.3 billion in fiscal 2024 to more than ¥3 billion in fiscal 2025, and in March 2026 the companies entered into a memorandum of understanding aimed at establishing an equal capital relationship. - 2026-05-15AdvancedFinancial results briefing materials
「Exploring new initiatives through deeper business collaboration ◆ Further expansion of round-trip transport routes ◆ Mutual use of both companies’ chip-shipping allocation systems ◆ Maximizing OEM benefits, including facility consolidation and integration ◆ Further reductions in manufacturing-process and boiler costs ◆ Use of maritime and rail transport ◆ Expansion of business collaboration areas」
Regarding the strategic business partnership with Daio Paper Corporation, the company outlined areas for deeper and broader cooperation in addition to existing round-trip transport, chip vessels, OEM and joint purchasing initiatives, including expanded transport routes, facility consolidation and integration, and reductions in manufacturing-process and boiler costs. - FY2025AdvancedAnnual report
「The basic agreement for the strategic business alliance with Daio Paper Corporation, which began in May last year, has led to active exchanges among the working groups for production technology, product logistics and raw-material procurement, as well as among their subordinate subcommittees, producing effects that have exceeded expectations in areas including manufacturing and transportation costs. In transportation costs in particular, specific initiatives have begun, such as round-trip transportation of products and the mutual use of dedicated chip vessels. The companies will further deepen their exchanges and work to improve and strengthen their earnings structure.」
The alliance with Daio Paper Corporation has moved into the operational phase of its first year, with activities by the working groups and subcommittees and specific cooperative initiatives, including round-trip transportation and the mutual use of dedicated chip vessels, now underway, producing cost benefits above expectations. - FY2025-H1RestatedAnnual report
「Hokuetsu Corporation Daio Paper Corporation 15 May 2024 Strategic business alliance Cooperation in production technology, raw-material procurement and product logistics, among other areas Five years from 15 May 2024 (with automatic one-year renewals thereafter)」
The company has outlined the areas of cooperation in production technology, raw-material procurement and product logistics, as well as the five-year term of the agreement, under its strategic business alliance with Daio Paper Corporation. - FY2024First statedAnnual report
「Following discussions by both companies, we currently aim to increase operating income in fiscal 2026, three years from now, by approximately ¥2 billion at Daio Paper Corporation and approximately ¥3 billion at our company as an effect of this business alliance. We will continue discussions to deepen and expand the areas of cooperation, while considering medium- to long-term themes including joint research into new technologies, energy conversion, digital transformation and the use of forest resources.」
On 15 May 2024, the company entered into a basic agreement for a strategic business alliance with Daio Paper Corporation, outlining targets for increased operating profit in fiscal 2026 and areas for consideration, including cooperation in production technology, raw-material procurement and product logistics, as well as joint research and the energy transition.