Source disclosure: February 06, 2026
Daio Paper Corporation [3880.T]
TOKYO, Feb 06 (Pulse News Wire) – Daio Paper Corporation (3880.T) announced today that it received notification of approval for a subsidy aimed at reducing carbon emissions through energy process conversion. The subsidy was granted under the Ministry of Economy, Trade and Industry's initiative targeting industries with difficult-to-reduce emissions, such as chemicals, paper pulp, and cement.
Key details of the subsidy include: - Applicant: Daio Paper Corporation - Project Name: Installation of power generation equipment capable of handling high-chlorine fuels to replace coal - Investment Scale: ¥27.20 billion - Maximum Grant Amount: ¥8 billion Regarding future outlook, the company stated that while the impact on its consolidated performance for the fiscal year ending March 2026 is expected to be minor, any significant effects will be promptly disclosed. This development follows an earlier announcement made on October 07, 2025, concerning the initial application acceptance for the same project.
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