Documentary images — company attribution uncertain

The flag logo comes from the company website. The funnel is based on photographs of the chartered Daio Excelsior, with DAIO PAPER on the hull and the flag logo on the forward superstructure. Its connection with the funnel mark is unclear: that mark is absent from the company and parent websites but appears on owned vessels under Misuga, which apparently has a different flag.

Funnel user unresolved; preserve definite flag attribution separately in the note.