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Daio Paper's home products seen nurturing 10% profit surge

Daio Paper's sales of children's diapers surged overseas, including in China.

TOKYO -- Daio Paper's group operating profit apparently climbed 10% on the year for the April-September half, with strong sales of household products helping avert an anticipated 10% dip.

The Japanese paper maker likely logged around 11 billion yen ($105 million) in profit, compared with the forecast of 9 billion yen. Sales are seen dipping 1% to 228 billion yen, falling 7 billion yen short of the projected figure.

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