Toppan Inc. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2023
May 13, 2022 at 07:30 am
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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%).