TOPPAN Holdings Inc.

TOPPAN Holdings Inc.

11.80
EUR
-0.30
(-2.48%)
Nov 13Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2,386.19
2,381.43
2,303.08
2,232.94
2,256.77
2,275.59
2,228.3
2,121.37
2,294.06
2,491.48
2,611.99
2,971.93
3,162.46
- -
Basic EPS, GAAP
32.12
35.67
55.04
50.75
65.66
63.77
130.53
118.58
182.6
92.53
115.48
155.8
113.53
- -
Free Cash Flow per Basic Share
70.44
42.28
55.54
46.17
-25.44
4.31
16.09
11.65
14.05
33.42
85.95
-135.48
-108.33
- -
Dividend per Share
18.07
18.09
18.12
19.1
20.13
20.12
19.93
30.22
20.19
23.28
24.31
25.78
30.56
- -
Book Value per Share
1,219.76
1,457.46
1,459.07
1,584.16
1,765.53
1,812.91
1,708.23
1,935.07
2,044.79
2,029.91
2,258.08
2,235.72
2,371.41
2,371.41
Tangible Book Value per Share
1,184.16
1,414.38
1,416.21
1,545.13
1,710.19
1,754.89
1,636.53
1,864.63
1,919.79
1,899.16
2,112.86
2,084.91
1,872.23
1,872.23
Basic Weighted Avg Shares
642
641
640
641
644
644
667
692
675
658
643
579
571
574
Sales/Revenue/Turnover
1,532,042
1,526,914
1,474,682
1,431,595
1,452,751
1,464,755
1,486,007
1,466,935
1,547,533
1,638,833
1,678,249
1,719,512
1,805,033
- -
Operating Margin (%)
2.33
2.68
3.29
3.6
3.61
3.12
4.47
4.01
4.75
4.68
4.43
4.95
3.72
- -
Depreciation Expense
62,473
61,176
59,691
58,535
60,218
60,285
55,953
64,883
66,581
75,464
86,876
81,668
87,749
- -
Net Income, GAAP
20,621
22,868
35,245
32,535
42,267
41,049
87,047
81,997
123,182
60,866
74,198
90,144
64,801
- -
Effective Tax Rate (%)
39.58
40.95
22.04
27.61
25.47
35.42
33.49
35.58
28.62
30.62
30.11
45.97
32.42
- -
Profit Margin (%)
1.35
1.5
2.39
2.27
2.91
2.8
5.86
5.59
7.96
3.71
4.42
5.24
3.59
- -
Working Capital
416,529
409,192
390,102
453,215
434,063
395,931
412,773
630,502
554,640
638,688
652,415
584,021
544,391
544,391
LT Debt
299,586
254,345
208,339
226,129
243,450
198,396
183,135
283,581
188,309
184,243
152,967
142,201
379,358
379,358
Total Equity
913,105
1,082,841
1,066,850
1,171,957
1,303,673
1,328,871
1,310,231
1,453,163
1,437,206
1,452,168
1,567,040
1,418,606
1,410,066
1,410,066
Return on Invested Capital (%)
1.77
1.79
2.69
2.67
2.59
1.85
2.74
2.22
2.98
3.12
2.98
2.44
2.31
- -
Return on Capital (%)
1.54
1.5
2.25
1.67
2.52
2.65
5.49
4.96
6.92
2.89
3.72
4.52
3.35
- -
Return on Common Equity (%)
2.68
2.66
3.77
3.33
3.92
3.56
7.41
6.54
9.16
4.52
5.41
6.65
4.93
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
ST Debt
- -
225,185
150,300
LT Borrowings
- -
242,625
348,039
LT Finance Leases
- -
- -
31,319
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
574
570
564
Market Capitalization
- -
- -
- -

Working Capital

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
Total Current Assets
- -
1,066,680
1,173,644
Cash, Cash Equivalents & STI
- -
374,789
441,366
Accounts Receivable, Net
- -
445,891
478,429
Inventories
- -
184,176
181,537
Total Current Liabilities
- -
631,459
629,253
Payables & Accruals
- -
- -
- -
ST Debt
- -
225,185
150,300
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.03%
-0.44%
-0.6%
Free Cash Flow
1.08%
7.53%
-21.11%
Net Income, GAAP
14.05%
2.98%
-28.11%
Sales/Revenue/Turnover
2.08%
4.25%
4.97%
Total Cash Common Dividend
6.32%
-1.59%
16.91%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
387,734
412,541
415,533
462,441
1,678,249
2025
- -
- -
- -
- -
1,719,512
2026
- -
- -
- -
- -
1,805,033

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14.51
13
62.01
26.43
115.48
2025
- -
- -
- -
- -
155.8
2026
- -
- -
- -
- -
113.53

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
24.31
2025
- -
- -
- -
- -
25.78
2026
- -
- -
- -
- -
30.56

Company Description

CEO
Hideharu Maro
Full Time Employees
54,371
Sector
Commercial services
Industry
Commercial printing/Forms
Address
1-3-3, Suido Tokyo TY Japan 112-8531
IPO Date
May 16, 1949
Business
Toppan Holdings Inc (7911.T) is a Tokyo-based global printing and diversified solutions provider founded in 1900 and headquartered at 1-1-1 Suido, Bunkyo-ku, Tokyo, Japan; it operates through three main segments including Information & Communications, Living & Industry, and Electronics, serving markets in Japan, Asia, North America, Europe, and other regions with over 50,000 employees across more than 60 manufacturing sites in 12 countries. The company delivers printing technologies-based solutions encompassing security documents such as securities certificates, passbooks, IC cards, smart cards, RFID tags, counterfeit prevention devices, and payment services; commercial printing including posters, catalogs, pamphlets, flyers, direct mail, calendars, and corporate communication tools; publications printing covering books, magazines, textbooks, e-books, and supplements; business forms and data printing services; content and marketing services like space design, event planning, digital content, and digital marketing; flexible packaging, folding cartons, composite liquid containers, plastic molded goods, corrugated fiberboards, sustainable packaging, and contract filling; décor materials including decorative sheets, flooring, panels, exterior, and flame-retardant products; electronics components such as transparent barrier films, printer media, electronics packaging materials, lithium-ion battery materials, precision processed components, photomasks, LSI design services, FC-BGA substrates, lead frames, etched products, nanoimprint molds, color filters, surface treatment films, TFT LCDs, metal masks for OLEDs, copper touch sensors, and light control films; back-office operations, customer contact, and support services. In recent developments, Toppan Holdings completed the acquisition of Sonoco Products Company's Thermoformed & Flexible Packaging (TFP) business in April 2025 for approximately $1.8 billion, enhancing its sustainable packaging capabilities in the Americas with TFP's $1.3 billion revenue, 4,500 employees, and 22 plants across North and South America, while launching TOPPAN Packaging and TOPPAN Specialty Films business units; it also finalized the acquisition of HID Global's Citizen Identity Solutions (CID) division in early 2025 through subsidiary Toppan Gravity, bolstering secure digital and physical identity solutions for governments in over 50 countries; additionally, it acquired dzcard Group in 2025 to strengthen market leadership in Asia's secure solutions and invested in three BOBST EXPERT K5 Metallizers in 2024 for production expansion in India.