Toppan Inc. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2023
May 13, 2022 at 02:30 am EDT
Share
Toppan Inc. provided earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 1,620 billion, an increase of 4.7% YoY, operating income of JPY 74 billion, an increase of 0.7% YoY, ordinary income of JPY 73 billion, a decrease of 4.3% YoY, and net income attributable to shareholders of the parent company of JPY 43 billion a decrease 65.1% YoY.
Toppan Inc. (formerly Toppan Printing Co., Ltd.) specializes in printing services. Net sales break down by activity as follows:
- information and communication media printing (57.6%): smart cards, identity authentication systems, commercial forms, labels, booklets, manuals, lottery tickets, brochures, calendars, books, dictionaries, magazines, catalogs, etc.;
- packaging and industrial materials printing (28.2%): food packaging, card boxes, papers, interior decoration materials, etc.;
- manufacturing of electronic materials (14.2%): semiconductors, filters and antireflection for screens films, etc.
Net sales are distributed geographically as follows: Japan (72.1%), Asia (15.9%) and other (12%).