Dai Nippon Printing Co., Ltd. Provides Earnings Guidance for the Year Ending March 31, 2021
August 05, 2020 at 02:00 am EDT
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Dai Nippon Printing Co., Ltd. provided earnings guidance for the year ending March 31, 2021. For the year, the company reported net sales to be ¥1,340,000 million. Operating income to be ¥40,000 million. Net income attributable to parent company shareholders to be ¥21,000 million. Net income per share to be ¥74.76.
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%).