Prices as of 2026/10/30 close
Company comparison · Paper & Paper Distribution
Daio Paper is the bigger company, with revenue of ¥666.8B — 2.3x Hokuetsu's ¥287.7B.
Daio Paper earns more on each yen of sales, with an operating margin of 3.6% — 1.0 points above Hokuetsu (2.6%).
Revenue growth in the latest results: Daio Paper −0.3%, Hokuetsu −5.9%. For next year, Daio Paper guides for the fastest operating profit growth (−0.1%).
Average pay is about the same: Daio Paper ¥6.37M, Hokuetsu ¥6.33M.
Over the past year the shares moved Daio Paper +18.3%, Hokuetsu +0.0%.
Head-to-head wins17 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Daio Paper aheadDaio Paper 3 : Hokuetsu 0
Revenue: Daio Paper ¥666.8B / Hokuetsu ¥287.7B
ProfitabilityInvestors
Daio Paper aheadDaio Paper 3 : Hokuetsu 1
Operating margin: Daio Paper 3.6% / Hokuetsu 2.6%
GrowthInvestors
Daio Paper aheadDaio Paper 3 : Hokuetsu 1
Revenue growth (YoY): Daio Paper −0.3% / Hokuetsu −5.9%
Stock & balance sheetInvestors
Daio Paper aheadDaio Paper 2 : Hokuetsu 1
Share price, 1 year: Daio Paper +18.3% / Hokuetsu +0.0%
Pay & workforceJob seekers
Hokuetsu aheadDaio Paper 1 : Hokuetsu 2
Average salary: Daio Paper ¥6.37M / Hokuetsu ¥6.33M
| Metric | Daio Paper | Hokuetsu | Gap |
|---|---|---|---|
| Revenue | ◎¥666.8B | ¥287.7B | 2.3x |
| Operating profit | ◎¥24.0B | ¥7.5B | 3.2x |
| Net income | ◎¥8.9B | ¥7.3B | 1.2x |
| Metric | Daio Paper | Hokuetsu | Gap |
|---|---|---|---|
| Operating margin | ◎3.6% | 2.6% | 1.0pt |
| Net margin | 1.3% | ◎2.5% | 1.2pt |
| ROE | ◎3.8% | 2.8% | 1.0pt |
| Revenue per employee | ◎¥283M | ¥195M | 1.5x |
| Metric | Daio Paper | Hokuetsu | Gap |
|---|---|---|---|
| Revenue growth (YoY) | ◎−0.3% | −5.9% | 5.6pt |
| Operating profit growth (YoY) | ◎+145.0% | −61.8% | 206.8pt |
| Guidance: revenue growthnext FY plan | +2.0% | ◎+6.0% | 4.0pt |
| Guidance: op. profit growthnext FY plan | ◎−0.1% | −60.2% | 60.1pt |
| Metric | Daio Paper | Hokuetsu | Gap |
|---|---|---|---|
| Share price, 1 year | ◎+18.3% | +0.0% | 18.3pt |
| Share price, 3 months | ◎−2.8% | −11.1% | 8.3pt |
| P/E (trailing)lower = cheaper | 18.3x | 19.2x | |
| Equity ratio | 28.4% | ◎60.1% | 31.7pt |
| Share price (close) | ¥981 | ¥836 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Daio Paper | Hokuetsu | Gap |
|---|---|---|---|
| Average salary | ◎¥6.37M | ¥6.33M | ¥0.04M |
| Starting salary (monthly) | ¥248,000 | ◎¥251,420 | ¥3,420 |
| Average tenure | 19.6 yrs | ◎22.4 yrs | 2.8 |
| Average age | 44.2 | 45.6 | 1.4 |
| Employees | 2,356 | 1,479 | 1.6x |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥981+18.3% (1Y)
Daio Paper +18.3% over 1Y. Compared: Hokuetsu 0.0%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Daio Paper3 segments
Hokuetsu3 segments
AAverage annual salary from the securities filings: Daio Paper ¥6.37M, Hokuetsu ¥6.33M. Daio Paper pays the most. Averages also depend on staff age and job mix, so check the average age too (Daio Paper 44.2, Hokuetsu 45.6).
ARevenue in the latest results: Daio Paper ¥666.8B, Hokuetsu ¥287.7B. Daio Paper is the bigger company, with revenue of ¥666.8B — 2.3x Hokuetsu's ¥287.7B.
AOperating margins: Daio Paper 3.6%, Hokuetsu 2.6%. Daio Paper turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Daio Paper +18.3%, Hokuetsu +0.0%. Daio Paper has risen the most.


Comparing 2 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.