Earnings Alerts

Toppan Printing (7911) Earnings: 1Q Operating Income up 14% Y/Y to 11.41B Yen

  • Operating income for Toppan Holdings Inc. in Q1 2024 was ¥11.41 billion, a 14% increase year-over-year.
  • Net income for the same period was ¥9.98 billion, marking a 3.5% rise compared to the previous year.
  • Net sales reached ¥404.27 billion in Q1 2024, a 4.3% increase year-over-year.
  • For the year 2025, Toppan Holdings Inc. projects operating income to be ¥88.00 billion, a slight deviation from an estimate of ¥90 billion.
  • The company forecasts net income for 2025 to be ¥55.50 billion.
  • Net sales for 2025 are projected to be ¥1.72 trillion.
  • The expected dividend for 2025 stands at ¥48.00, slightly below the estimate of ¥50.33.
  • Analyst ratings for the company include 2 buys and 1 hold, with no sell recommendations.

Toppan Printing on Smartkarma



Analyst coverage of Toppan Printing on Smartkarma by Travis Lundy indicates a bullish sentiment towards the company. In his research report titled “Toppan Printing (7911) Accelerates Buyback Pace and Amount; But Crossholder Sales Lurk,” Lundy highlights positive aspects such as Toppan’s good earnings from securities sales and the expected rise in operating profit this year. Additionally, Toppan has increased its buyback amount and pace significantly, signaling a strong outlook. However, there are concerns about potential crossholder sales in the future as indicated by the company. Toppan Printing (7911 JP) has also set new targets under its Medium-Term Management Plan, including aims for ROE, PBR, DX business expansion, management modernization, and ESG initiatives. The company plans to implement capital measures such as ¥100bn of buybacks over three years and aims for a total shareholder return of 50%+ over the same period.




A look at Toppan Printing Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma



Toppan Printing Co., Ltd. is positioned favorably for the long-term with solid Smartkarma Smart Scores across multiple key factors. The company shows strength in value, emphasizing its potential for a strong performance compared to its peers. Additionally, its resilience and momentum scores suggest a stable business model and positive market sentiment, which bode well for its future growth prospects. While the dividend and growth scores are not as high as the other factors, the overall outlook remains positive due to the company’s strong performance in key areas.

A key player in the printing industry, Toppan Printing Co., Ltd. offers a range of printing services including commercial and publication printing, securities paper, and packaging products, among others. With a diversification into electronic related products and inks, the company has positioned itself to adapt to changing market demands. This strategic positioning, coupled with the solid Smartkarma Smart Scores indicating good value, resilience, and momentum, points towards a promising long-term outlook for Toppan Printing in the ever-evolving printing industry.



Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Analytics and News
  • ✓ Events & Webinars