Rivalry intensifies as Hokuetsu refuses to back Daio Paper chief

Undated photos show Daio Paper Corp. President Masayoshi Sako (L) and Hokuetsu Kishu Paper Co. President Sekio Kishimoto. Hokuetsu has refused to support the reappointment of Sako as Daio president, sources close to the matter said on June 16, 2015. Hokuetsu is Daio's top shareholder with a stake of over 20 percent. (Kyodo) ==Kyodo