Dai Nippon Printing Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended March 31, 2021
May 13, 2021 at 02:00 am EDT
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Dai Nippon Printing Co., Ltd. announced consolidated earnings results for the full year ended March 31, 2021. For the period, the company reported net sales of JPY 1,335,439 million compared to JPY 1,401,894 million a year ago. Operating income was JPY 49,529 million compared to JPY 56,274 million a year ago. Net income attributable to parent company shareholders was JPY 25,088 million compared to JPY 69,497 million a year ago. Net income per share was JPY 89.32 compared to JPY 235.18 a year ago. Diluted net income per share was JPY 89.28 compared to JPY 235.08 a year ago.
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%).