Hokuetsu Corporation will accelerate growth investment through M&A using the proceeds from the sale of Daio Paper Corporation shares. Its integrated report states that a dedicated unit reporting directly to the CEO has been established, with Group CEO Kishimoto Akio (岸本 晢夫) set to lead the initiative.
Hokuetsu Corporation, which produces paper products, has disclosed its policy of directing the proceeds from the sale of Daio Paper Corporation shares toward growth investment through M&A. Hokuetsu's core business is the manufacture and sale of liquid paper containers, and its aim is reportedly to accelerate business investment.
Hokuetsu and Daio Paper agreed in March 2026 to restructure their capital relationship and decided to reduce their reciprocal shareholdings over the medium term. Under this framework, the companies are expected to expand the uses of the funds.
In its integrated report issued on 8 October 2026, Hokuetsu stated that it had established a dedicated unit reporting directly to the CEO to promote business investment, including M&A, with Group CEO Kishimoto Akio (岸本 晢夫) himself leading the initiative. This indicates an intention to strengthen the execution framework for growth investment.
Hokuetsu Corporation operates the manufacture and sale of liquid paper containers as a core business of the group. It aims to enhance corporate value by directing the proceeds from the share sale toward building new earnings foundations.