Toppan Inc. Provides Earnings Guidance for the Year 2021
November 12, 2021 at 01:30 am EST
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Toppan Inc. provided earnings guidance for the year 2021. For the year, the company expects consolidated results of JPY 1,500,000 million, an increase of JPY 50,000 million from the previous forecast. Operating profit is expected to increase by JPY 8,000 million to JPY 6,000 million. Ordinary profit is expected to increase by JPY 8,000 million to JPY 59,000 million. Profit attributable to owners of parent has been revised upward to JPY 36,000 million, an increase of JPY 5,000 million from the previous forecast.
Toppan Inc. (formerly Toppan Printing Co., Ltd.) specializes in printing services. Net sales break down by activity as follows:
- information and communication media printing (57.6%): smart cards, identity authentication systems, commercial forms, labels, booklets, manuals, lottery tickets, brochures, calendars, books, dictionaries, magazines, catalogs, etc.;
- packaging and industrial materials printing (28.2%): food packaging, card boxes, papers, interior decoration materials, etc.;
- manufacturing of electronic materials (14.2%): semiconductors, filters and antireflection for screens films, etc.
Net sales are distributed geographically as follows: Japan (72.1%), Asia (15.9%) and other (12%).