Toppan : A4-size Integrated Report 2021 (for printing)

Integrated Report

2021

Digital &

Sustainable

Transformation

Integrated Report 2021 Contents

1	About the Toppan Group
	TOPPAN VISION 21											2
	Financial and Non-Financial Highlights								4
	Segment Highlights										6
	Business Domains and Products and Services							8
	History of Creating Value						10
	Comprehensive Solutions Enabled by Printing Technologies				12
	Value Creation Process			14

2	Strategy and Initiatives for Creating Value
	Medium Term Plan and Vision for the Medium to Long Term					16
	Chairman's Message								18
	Interview with the President				20
	Message from the CFO			26
	Special Feature: Toppan's Evolving DX
	Erhoeht-XTM Initiatives			28

3	Foundation for Value Creation (ESG Information)
	Toppan's Sustainability Management							35
	Directors and Audit & Supervisory Board Members						44
	External Directors and External Audit & Supervisory Board Members				46
	Message from an External Director				48
	Corporate Governance				50
	Recognition				60
	Financial Section			61

Company & Stock Information		102

Editorial Policy

This Integrated Report was prepared to reflect the opinions of institutional investors and other stakeholders voiced in discussions, and to report comprehensively on the Company's activities and growth strategies, including not only financial information but also ESG (Environmental, Social, and Governance) and other non-financial information. We hope that it will help readers to understand how the Company aims to solve social issues through corporate activities.

For more detailed information on the Company's financial position, please see the securities report (Japanese only).

Note: Names of products and services etc., in this report are trademarks or registered trademarks of the Company, the Group, or each company.

Scope and Boundary

Period covered: April 1, 2020, to March 31, 2021

(Also includes information about certain activities outside of this period)

Entities covered: Toppan Inc. and consolidated subsidiaries

(Also includes information about certain activities of Toppan Inc. on a non-consolidated basis)

Forward-Looking Statements

This report includes certain forward-looking statements. These statements are based on management's current expectations and are subject to change in certain circumstances. Actual results may differ due to changes in economic, business, competitive, technological, regulatory, and other factors.

Information Disclosure on the Company's Website

Toppan also provides information for investors and information on sustainability on its website. Please utilize this report in conjunction with the website.

Investors

https://www.toppan.com/en/ir/

Sustainability

https://www.toppan.com/en/

sustainability/

Change of English Company Name

To drive further global business development under the	New English name:
TOPPAN global brand, from June 29, 2021, the English name
of the Company has been changed as follows.

New name: TOPPAN INC.

Former name: TOPPAN PRINTING CO., LTD.

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TOPPAN VISION 21

TOPPAN VISION 21 presents the values that each of us working in the Toppan Group should adhere to and the goals that we all share. It is composed of the Corporate Structure, which expresses our fundamental values, and the Business Fields.

By making TOPPAN VISION 21 a reality, Toppan aims to expand its fields of business and generate new benefits and value for society.

Corporate

Structure

Corporate

Philosophy

Corporate Creed

Conduct Guidelines

Business Fields

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Corporate Philosophy

Toppan's Corporate Philosophy is an overarching concept pertaining to all our activities and expresses the values and approach that we hold dear

as a company.

Each of us

Our corporate philosophy expresses common values shared by every Toppan employee and conveys the concept of human dignity valued by Toppan.

Reciprocate our customers' continued trust

The satisfaction of customers (corporate clients and consumers) is our primary concern in all daily operations. We consider strong customer relationships an essential part of business and our customer-first approach will remain the cornerstone of all future business endeavors.

Create dedicated products

Every product and service we provide to our customers must be of superior quality. Created with dedication, passion, and ingenuity, our products and services represent years of experience and knowledge. We will never waver from creating "dedicated products."

Harness our vibrant knowledge and technology

Our design and marketing knowledge and technical prowess give rise to vibrant reproducibility, creativity, and detail in print to meet our customers' requirements.

Contribute to a fulfilling lifestyle

We contribute to more enriched, satisfying lifestyles by invigorating person-to-person,person-to- corporation, and corporation-to-corporation communications.

A mainstay of information and culture

We have made major contributions to information and culture through our printing operations. In response to future challenges, we will continue developing technologies that keep us ahead of the curve and will fulfill our role in society with pride and resolve.

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