Toppan Inc. Reports Consolidated Earnings Results for the First Quarter of Fiscal Year Ending March 2022
August 06, 2021 at 04:00 am
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Toppan Inc. reported consolidated earnings results for the first quarter of fiscal year ending March 2022. For the quarter, consolidated net sales increased 4.5% YoY to JPY 342.9 billion. Operating profit increased around 170.3% YoY to JPY 8.3 billion. Profit attributable to owners of parent increased 1,312.4% YoY to JPY 9.1 billion.
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%).