Earnings Alerts

Toppan Printing (7911) Earnings: FY Net Income Surges Past Estimates, Second Quarter Sees Strong Growth

By November 13, 2024 No Comments
  • TOPPAN Holdings Inc has increased its full-year net income forecast to 70.00 billion yen, up from a previous forecast of 55.50 billion yen.
  • The expected net income of 70.00 billion yen surpasses the estimate of 69.23 billion yen.
  • The company maintains its operating income forecast at 88.00 billion yen, slightly above the estimate of 87.9 billion yen.
  • Net sales are projected to be 1.72 trillion yen, which is higher than the estimated 1.69 trillion yen.
  • The dividend is expected to be 48.00 yen, slightly below the estimate of 50.33 yen.
  • For the second quarter, TOPPAN reported an operating income of 16.31 billion yen, marking a 6.1% year-on-year increase.
  • Net income for the second quarter was 22.37 billion yen, significantly up from 8.41 billion yen in the previous year.
  • Second quarter net sales were 421.87 billion yen, reflecting a 2.3% year-on-year increase.
  • Analyst ratings include two buy recommendations, one hold, and zero sell recommendations.

Toppan Printing on Smartkarma

Analyst coverage on Smartkarma for Toppan Printing by Travis Lundy suggests a bullish sentiment as the company accelerates its buyback pace and amount. Toppan Printing had positive earnings from securities sales, leading to an expected rise in operating profit this year. The company’s increased buyback activities indicate a confidence in its performance, but there are concerns about potential crossholder sales in the future. Toppan Printing‘s new Medium-Term Management Plan includes targets for 2023, such as an 8% ROE and a focus on DX business, management modernization, and ESG initiatives. They have announced significant capital measures, including Β₯100bn in buybacks over three years and a total shareholder return of over 50% during the same period.


A look at Toppan Printing Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE3.6

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 for a promising future according to Smartkarma Smart Scores. With solid scores in Value, Resilience, and Momentum, the company shows great potential for long-term growth. Earning a high score in Momentum indicates a strong upward trend, while its favorable Value and Resilience scores suggest a stable foundation for future success. Though its Dividend and Growth scores are not as high, Toppan Printing‘s overall outlook appears positive based on these key factors.

Toppan Printing Co., Ltd. is a leading printing company offering a range of services including commercial and publication printing. The company’s diverse portfolio extends to producing securities paper, packaging products, and electronic items like photomasks and color filters. Additionally, Toppan Printing is involved in ink production and operates a textbook publication business. With its impressive Smartkarma Smart Scores in various areas, Toppan Printing seems well-positioned for sustained growth and resilience in the competitive market.


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.
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