Daio Paper Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expected net sales of JPY 660,000 million, operating loss of JPY 20,000 million, loss attributable to owners of parent of JPY 40,000 million and basic loss per share of JPY 240.91 compared to previous guidance of net sales of JPY 660,000 million, operating loss of JPY 14,000 million, loss attributable to owners of parent of JPY 30,000 million and basic loss per share of JPY 180.71.