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Toppan Inc.

Toppan Inc.

TONPF
Toppan Inc.US flagOther OTC
32.00
USD
- -
- -
9.02BMarket Cap
Toppan Inc.
TONPF
(Other OTC)

Recent

price

32.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
4,837.41
4,698.07
4,677.95
4,772.38
4,762.87
4,606.15
4,465.88
4,513.54
4,551.18
4,456.59
4,242.75
4,588.11
4,982.96
5,350.61
5,943.85
6,324.93
2,808.74
Revenue per Share
37.77
9.54
57.8
64.24
71.33
110.09
101.49
131.32
127.54
261.06
237.16
365.21
185.07
236.56
311.6
227.07
180.22
Basic EPS, GAAP
126.76
30.67
126.77
140.88
84.57
111.07
92.34
-50.88
8.62
32.19
23.31
28.11
66.85
176.06
-270.95
-216.67
- -
Free Cash Flow per Basic Share
44.1
32.09
36.14
36.15
36.19
36.23
38.2
40.27
40.25
39.86
60.43
40.38
46.57
49.8
51.57
61.11
- -
Dividend per Share
2,136.15
2,115.39
2,139.46
2,168.52
2,200.98
2,274.01
2,334.76
2,416.63
2,503.57
2,629.98
2,712.83
3,101.63
3,323.24
3,538.45
3,983.7
3,839.57
3,522.61
Book Value per Share
2,623.74
2,636.94
2,703.59
2,773.17
3,291.63
3,246.58
3,577.54
3,939.69
4,012.93
3,780.57
4,063.57
4,013.45
4,155.88
4,705.62
4,602.07
3,954.62
4,620.85
Tangible Book Value per Share
322
321
321
321
321
320
321
322
322
333
346
337
329
314
289
285
313
Basic Weighted Avg Shares
1,556,457
1,510,414
1,502,307
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
877,974
Sales/Revenue/Turnover
7.15
2.09
2.14
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
5.57
Operating Margin (%)
82,939
80,923
67,965
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
- -
Depreciation Expense
12,153
3,068
18,562
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
56,334
Net Income, GAAP
49.24
6.4
44.35
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
30.21
Effective Tax Rate (%)
0.78
0.2
1.24
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
6.42
Profit Margin (%)
396,122
359,886
347,524
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
570,585
Working Capital
281,665
232,263
224,040
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
132,474
LT Debt
864,016
866,217
888,419
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
1,534,582
Total Equity
4.67
2.52
1.54
1.77
1.79
2.69
2.67
2.6
1.85
2.74
2.22
2.98
3.12
2.98
2.44
2.31
1.95
Return on Invested Capital (%)
0.84
0.11
1.58
1.64
1.7
2.66
2.02
3.2
3.44
6.96
6.26
8.69
3.46
4.41
5.15
3.72
3.32
Return on Capital (%)
1.77
0.45
2.72
2.98
3.26
4.92
4.41
5.54
5.18
10.35
9.04
12.42
5.69
6.74
7.97
5.76
5.21
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
55,488
- -
47,524
LT Borrowings
152,967
- -
132,474
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
314
- -
301
Market Capitalization
1,293,447
1,292,210
1,354,675

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
1,196,642
- -
1,057,712
Cash, Cash Equivalents & STI
558,028
- -
460,653
Accounts Receivable, Net
441,810
- -
399,414
Inventories
148,302
- -
161,657
Total Current Liabilities
544,227
- -
487,127
Payables & Accruals
- -
- -
- -
ST Debt
55,488
- -
47,524
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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

FRC

•

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

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
29.02
- -
- -
- -
236.56
2025
- -
- -
- -
- -
311.6
2026
- -
- -
- -
- -
227.07

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
49.8
2025
- -
- -
- -
- -
51.57
2026
- -
- -
- -
- -
61.11
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Business
TOPPAN Holdings Inc. (TONPF) develops and provides integrated solutions leveraging advanced printing technologies across information & communication, living & industry, and electronics segments; core offerings include securities and cards such as investment certificates, passbooks, IC cards, and lottery tickets; commercial and publications printing encompassing posters, catalogs, magazines, books, and electronic publications; business forms with RFID and NFC solutions; packaging solutions featuring flexible packaging materials, paper containers, plastic molded products, inks, transparent barrier films, and thermoformed packaging; décor materials like decorative sheets and wallpapers; and electronics components including liquid crystal color filters, anti-reflection films, photomasks for semiconductors, and semiconductor package substrates. The company operates globally with subsidiaries and affiliates in Japan, Asia, North and South America, Europe, and other regions, serving diverse markets from consumer goods packaging to high-tech semiconductor manufacturing. Founded in 1900 and headquartered in Tokyo, Japan, TOPPAN Holdings maintains a network of over 50,000 employees across its operations. In late 2024, the company agreed to acquire Sonoco Products Company's Thermoformed & Flexible Packaging business for approximately $1.8 billion, a transaction completed in 2025 that bolsters its sustainable packaging capabilities and expands its North and South American footprint with added manufacturing plants and patents. Additional recent developments include a March 2025 agreement to acquire 80% of Italian BOPP film manufacturer Irplast for enhanced flexible packaging materials; a July 2025 strategic alliance with MD Anderson Cancer Center to co-develop organoid technology for cancer treatment evaluation; and a November 2025 launch of hybrid line manufacturing for BOPP and BOPE films aimed at sustainable packaging innovation.