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Process Industries

Daio Paper Corp.

Business Summary

Daio Paper Corp. engages in the manufacture and sale of paper, paper products, and daily general goods. It operates through the following segments: Paper & Paperboard, Home & Personal Care and Others. The Paper & Paperboard segment engages in the production and sale of newsprint, printing paper, wrapping paper, paperboard, cardboard, and pulps for various companies from different industries. The Home & Personal Care segment engages in the production and sale of sanitary paper, disposable diapers, and napkins. The Others segment includes the timber, reforestation, machinery, electricity sales, and golf businesses. The company was founded by Isekichi Ikawa in 1928 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue546,433M5,025.79M
Gross Profit140,306M1,290.45M
Operating income30,629M281.70M
Income before tax31,251M287.42M
Net income19,199M176.58M
EBITDA66,031M607.31M
Diluted EPS115.171.05
Dividends Per Share13.500.12
Total Assets763,060M7,068.31M
Total liabilities553,524M5,127.35M
Total equity199,133M1,844.59M
Operating cash flow68,013M625.54M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 474,077M 477,140M 531,311M 533,890M 546,433M
Gross Profit 114,144M 119,135M 121,374M 116,377M 140,306M
Operating income 24,323M 23,535M 11,062M 12,122M 30,629M
Income before tax 21,997M 18,118M 11,124M 6,970M 31,251M
Net income 14,594M 12,136M 3,971M 4,697M 19,199M
EBITDA 55,747M 56,783M 46,259M 49,036M 66,031M
Diluted EPS 92.94 72.74 23.71 28.08 115.17
Dividends Per Share 10.50 10.50 10.50 10.50 13.50
Total Assets 656,310M 657,747M 686,141M 745,866M 763,060M
Total liabilities 481,490M 466,668M 493,076M 546,527M 553,524M
Total equity 163,108M 176,525M 178,030M 185,602M 199,133M
Operating cash flow 43,286M 59,880M 28,285M 40,287M 68,013M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 3,947.86M 4,406.23M 4,793.82M 4,814.38M 5,025.79M
Gross Profit 950.53M 1,100.17M 1,095.11M 1,049.43M 1,290.45M
Operating income 202.54M 217.33M 99.80M 109.31M 281.70M
Income before tax 183.17M 167.31M 100.36M 62.85M 287.42M
Net income 121.53M 112.07M 35.82M 42.35M 176.58M
EBITDA 464.23M 524.37M 417.37M 442.18M 607.31M
Diluted EPS 0.77 0.67 0.21 0.25 1.05
Dividends Per Share 0.08 0.09 0.09 0.09 0.12
Total Assets 5,839.31M 5,902.78M 6,451.72M 6,738.63M 7,068.31M
Total liabilities 4,283.90M 4,187.99M 4,636.35M 4,937.67M 5,127.35M
Total equity 1,451.20M 1,584.17M 1,674.00M 1,676.84M 1,844.59M
Operating cash flow 360.46M 552.97M 255.20M 363.29M 625.54M

Valuation Measures

Mar 2020
PER11.35
ROA2.54%
ROE9.98%
Operating margin5.60%
Profit margin3.51%

Key executives

  • President & Representative Director: Masayoshi Sako
  • Senior Managing Representative Director: Toshihiro Adachi
  • Executive Officer & Manager-Technology Development: Hakase Mizobuchi
  • Executive Officer & Manager-Accounting: Masashi Yano
  • Managing Director & General Manager-Production: Takashi Ono

Shareholders

  • Hokuetsu Corp. (23.5%)
  • Daio Kaiun Co. Ltd. (4.6%)
  • The Iyo Bank, Ltd. (4.5%)
  • The Ehime Bank, Ltd. (4.4%)
  • T. Rowe Price International Ltd. (Japan) (3.7%)
  • Ehime Paper Manufacturing Co., Ltd. (3.4%)
  • Kami Shoji KK (3.0%)
  • Japan Agricultural Cooperatives Group (2.6%)
  • Tokushu Tokai Paper Co., Ltd. (2.5%)
  • Nomura Asset Management Co., Ltd. (2.1%)

Contact Details

Related Companies

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  • Daio Logistics Co., Ltd.
  • H&Pc Brazil Participacoes SA
  • Daio Paper Board Benefit Trust
  • Daio Paper Corporate Officer Incentive Plan
  • Daio Paper Products Corp.
  • Elleair International China (Nantong) Co. Ltd.
  • Elleair International (Thailand) Co. Ltd.
  • Forestal Anchile Ltda.
  • Daio Printing Co., Ltd.
  • Diologistics KK
  • Elleair Product Co. Ltd.,
  • Daio Paper Pulp Sales Co. Ltd.
  • Akahira Seishi KK
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  • Elleair Insatsu KK
  • Daio Package Chubu, Inc.
  • Elleair Shoko KK
  • Daio Paper Package Corp.
  • Taisei Paper MFGCOLtd
  • Bikodo, Inc.
  • Fuji Paper Supply Co. Ltd.
  • Suehiro Printing Co., Ltd.
  • Computer Insatsu KK
  • Tokyo Pulp & Paper International Co. Ltd.
  • Dainichi Paper Corp.
  • Marubishi Paper Tec, Inc.
  • Kyushu Daio paper package Co., Ltd.
  • Elleair Texel Corp.
  • Elleair Resorts Golf Club Co. Ltd.

Competitors

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