AdInte co.,ltd. announced that it has received funding from Dai Nippon Printing Co., Ltd.
May 06, 2021
Share
AdInte co.,ltd. announced a private placement of common shares on May 7, 2021. The transaction included participation from Dai Nippon Printing Co., Ltd. (TSE:7912) on May 10, 2021. The company has raised funds through third-party allotment method.
Dai Nippon Printing Co. specializes in printing services. Net sales break down by activity as follows:
- printing of cards, books and business documents (54.1%): microchips, plastic cards, books, magazines, catalogs, administrative forms, brochures, indices, etc.;
- printing of flexible packages and decorative coatings (28.2%): bags, bottles, cardboard boxes, paint papers, wood and metal engraved plates, etc. The group also produces and sells optic films, ink ribbons, etc.;
- manufacturing of electronic components (13.7%): semiconductors components, photolithography masks, projection screens, protection filters for screens, color printers components, etc.;
- production of beverages (4%).
Net sales are distributed geographically as follows: Japan (83%), Asia (10.6%) and other (5.4%).