Hokuetsu Corporation (3865) Stock Price

Hokuetsu Corporation operates through three business segments: paper and pulp, packaging and paper processing, and other businesses. Through these operations, the company provides a diverse range of products and services.

In the paper and pulp business, Hokuetsu Corporation manufactures pulp and paper in cooperation with Alberta-Pacific Forest Industries Inc. and Bernard Dumas S.A.S. Products are primarily sold through Hokuetsu Paper Sales Co., Ltd. and Alberta-Pacific Forest Industries Inc. Subsidiaries including Hokuetsu Papertech Niigata handle product finishing and packaging.

In the packaging and paper processing business, Hokuetsu Package Co., Ltd. and Tokutatsu (Shanghai) Electronics Materials Co., Ltd. manufacture and sell paperboard and liquid containers. These products sometimes use processed paper supplied by Hokuetsu Corporation. The company also outsources paper processing to Nikkan Co., Ltd.

Other businesses include timber operations, construction, machinery manufacturing and sales, and transportation and warehousing services. Hokuetsu Material Co., Ltd. sells fuel chips for biomass boilers, while Hokuetsu Engineering Co., Ltd. manufactures and maintains equipment. Hokuetsu Logistics Co., Ltd. handles transportation and storage of products and raw materials.

Hokuriku Corporation is pursuing sustainable growth under its long-term management vision "Vision 2030." This vision aims to contribute to the development of a sustainable society with environmental management as its foundation. The company emphasizes its commitment to leveraging diverse workforces and cutting-edge technology to pursue new business opportunities.

The "Medium-Term Management Plan 2026" is based on three core principles: shifting the business portfolio, strengthening competitiveness in cost, environment, and safety, and advancing sustainability initiatives. Notably, the company has established a new Sustainability Promotion Division to strengthen its efforts on environmental issues.

As Hokuriku Corporation expands its global operations, it is pursuing business growth in North America and Europe. Domestically, the company is advancing corrugated cardboard base paper operations and developing plastic alternative materials to diversify its business portfolio.

As part of strengthening competitiveness, the company has been addressing environmental issues for over 30 years, establishing competitive advantages within the industry. Additionally, it is pursuing improved cost competitiveness through optimal production systems and efficient procurement of raw materials.

Regarding safety competitiveness, the company is advancing the "hSA25 (hokuetsu Safety Action 2025)" plan to strengthen equipment safety measures. These efforts ensure employee safety and enhance corporate credibility.