Toppan Printing Co (7911) AI Stock Analysis

• Market Cap: $1.05T
• Dividend Yield: 1.24%
• Average Volume (3M): 1.11M
• Price to Earnings (P/E): 13.0
• Beta (1Y): 0.87
• Revenue Growth: 2.37%
• EPS Growth: 29.23%
• Country: JP
• Employees: 53,712
• Sector: Industrials
• Sector Strength: 86
• Industry: Specialty Business Services
• EPS (TTM): 57.79
• Shares Outstanding: 294,706,240
• 10 Day Avg. Volume: 1,200,120
• 30 Day Avg. Volume: 1,107,553
• PEG Ratio: -0.29
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 39.87
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $5,071.67
• Price Target Upside: 31.46% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: ¥4,339.00 ▲(12.47%Upside)

Toppan Printing Co's stock is bolstered by strong financial performance, particularly in revenue growth and profitability. Positive technical indicators suggest bullish market sentiment, further supporting the stock. However, cash flow challenges and moderate valuation metrics slightly temper the overall outlook.

Toppan Printing Co Business Overview & Revenue Model

Company Description

Toppan Inc. develops solutions based on its printing technologies worldwide. The company offers security documents, business forms, data printing services, smart and other cards, in-store instant smart cards, gift card ASP services, RFID tags and solutions, counterfeit prevention devices, and payment services; and content and marketing services, such as books, magazines, supplements, textbooks, e-books, flyers, catalogs, pamphlets, promotional tools, space design, event planning and implantation services, digital content, and digital marketing services. It also provides back-office operations services, customer contact operations, and operations support services; flexible packaging, folding cartons, composite liquid containers, plastic molded goods, corrugated fiberboards, sustainable packaging development, and contract-based filling services; decorative sheets, flooring materials, decorative panels, and exterior and flame retardant products and materials; transparent barrier films, media and supplies for printers, electronics packaging materials, lithium-ion battery-related materials, and precision processed and exterior decorated components; and photomasks, LSI design services, FC-BGA substrates, lead frames, etched products, on-chip color filter arrays, and nanoimprint molds. In addition, the company offers displays, such as color filters, surface treatment films, TFT LCDs, metal masks for OLEDs, copper touch sensors, and light control films. Further, it is involved in the event planning and operation of Toppan hall; insurance, travel and human resources agency, filling, system development, shipping, and warehousing services; education and consultation services for invigorating individuals and workplaces; sales and intermediary services for publishing and newspaper content; and operation of e-book store and distribution platform. The company was formerly known as Toppan Printing Co., Ltd. Toppan Inc. was founded in 1900 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Toppan Printing Co., Ltd. generates revenue through a diversified portfolio of products and services. The Information & Communication segment offers commercial printing, publishing, and security solutions, which include banknotes and passports, contributing significantly to its earnings. The Living & Industry segment provides packaging solutions, décor materials, and sustainable products that cater to various industries such as food and beverages, consumer goods, and construction. The Electronics segment focuses on manufacturing display components and semiconductor-related products, serving major electronic device manufacturers. Toppan also invests in digital innovation, offering IT solutions and services that support digital transformation across industries. The company's revenue is bolstered by strategic partnerships and a global presence, ensuring a steady demand for its products and services worldwide.

Toppan Printing Co Financial Statement Overview

Summary

Toppan Printing Co demonstrates strong revenue growth and a solid financial base with a healthy income statement and balance sheet. However, cash flow management challenges, particularly negative free cash flow, indicate areas for improvement.

Income Statement

The income statement of Toppan Printing Co shows a strong financial performance with consistent revenue growth, notably a 2.37% increase from 2024 to 2025. The gross profit margin is healthy at 24.05%, and the net profit margin improved to 5.20% in 2025, indicating efficient cost management. However, the EBIT margin of 4.89% suggests room for improvement in operational efficiency. Overall, the company demonstrates robust revenue growth and profitability.

Balance Sheet

Toppan Printing Co maintains a solid balance sheet with a debt-to-equity ratio of 0.36, indicating prudent leverage management. The equity ratio stands at 51.44%, reflecting a strong equity base. Return on equity (ROE) is 6.91%, signifying moderate profitability relative to shareholders' equity. The company's financial stability is commendable, though ROE suggests potential for enhanced shareholder returns.

Cash Flow

The company's cash flow statement indicates a challenging year with a negative free cash flow in 2025 due to significant capital expenditures. The operating cash flow to net income ratio of 0.73 suggests efficient cash-generating operations, but the free cash flow to net income ratio is negative, pointing to cash flow pressures. While operational cash flows remain strong, improved cash management is necessary to enhance liquidity.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.72T	1.72T	1.68T	1.64T	1.55T	1.47T
Gross Profit	411.59B	413.04B	393.46B	362.16B	334.76B	301.40B
EBITDA	247.92B	258.59B	218.12B	152.10B	140.09B	198.96B
Net Income	89.41B	89.35B	74.39B	60.87B	123.18B	82.00B
Balance Sheet
Total Assets	2.35T	2.52T	2.43T	2.24T	2.29T	2.36T
Cash, Cash Equivalents and Short-Term Investments	420.39B	778.59B	558.03B	504.92B	464.65B	543.39B
Total Debt	170.95B	467.60B	208.46B	223.78B	254.08B	324.24B
Total Liabilities	791.99B	1.10T	865.58B	786.65B	850.98B	910.34B
Stockholders Equity	1.41T	1.29T	1.42T	1.33T	1.37T	1.32T
Cash Flow
Free Cash Flow	0.00	-58.33B	55.60B	21.98B	9.48B	8.06B
Operating Cash Flow	0.00	64.80B	157.50B	106.08B	64.75B	76.86B
Investing Cash Flow	0.00	47.02B	-8.65B	-31.41B	32.80B	81.25B
Financing Cash Flow	0.00	120.33B	-85.67B	-50.13B	-186.96B	42.22B

Toppan Printing Co Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3858.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7911, the sentiment is Neutral. The current price of 3858 is above the 20-day moving average (MA) of 3748.75, below the 50-day MA of 3880.74, and below the 200-day MA of 4143.25, indicating a neutral trend. The MACD of 18.94 indicates Negative momentum. The RSI at 53.89 is Neutral, neither overbought nor oversold. The STOCH value of 59.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:7911.

Toppan Printing Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7911	72 Outperform	$1.05T	13.03	6.53%	1.24%	2.37%	29.23%
Sector *	59 Neutral	AU$1.63B	9.60	11.29%	3.70%	6.59%	5.93%
DNPCF		$7.41B	9.25	9.42%	2.02%	―	―
7914	79 Outperform	¥42.37B	11.26		3.09%	3.08%	131.08%
7919	74 Outperform	¥3.16B	5.85		2.72%	2.92%	-6.49%
7916	60 Neutral	¥4.10B	58.17		3.73%	0.38%	24.47%
7893	58 Neutral	¥27.98B	62.05		1.46%	2.92%	-74.66%

Toppan Printing Co Corporate Events

Toppan Holdings Announces Share Buyback Progress

Toppan Holdings Inc. announced the acquisition of 1,708,500 of its own common shares, amounting to 6,243,668,200 yen, through market purchases on the Tokyo Stock Exchange. This acquisition is part of a broader plan authorized by the Board of Directors to acquire up to 11,000,000 shares, reflecting 3.75% of the total issued shares, with a maximum budget of 30,000,000,000 yen, aimed at enhancing shareholder value.

The most recent analyst rating on (JP:7911) stock is a Buy with a Yen5250.00 price target. To see the full list of analyst forecasts on Toppan Printing Co stock, see the JP:7911 Stock Forecast page.

Toppan Holdings Announces Treasury Stock Disposal for Executive Incentives

Toppan Holdings Inc. has announced a disposal of treasury stock as part of its restricted stock compensation plan, aimed at providing long-term incentives to its directors and executive officers. This move is expected to enhance the alignment of interests between the company’s leadership and its shareholders, potentially impacting the company’s governance and stakeholder relations positively.

The most recent analyst rating on (JP:7911) stock is a Buy with a Yen5250.00 price target. To see the full list of analyst forecasts on Toppan Printing Co stock, see the JP:7911 Stock Forecast page.

Toppan Holdings Announces Share Buyback Strategy

Toppan Holdings Inc. announced the acquisition of 584,900 of its own shares, costing approximately 2.28 billion yen, through market purchases on the Tokyo Stock Exchange. This move is part of a broader plan authorized by the Board of Directors to acquire up to 11 million shares, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:7911) stock is a Buy with a Yen5250.00 price target. To see the full list of analyst forecasts on Toppan Printing Co stock, see the JP:7911 Stock Forecast page.

TOPPAN Holdings Announces Share Cancellation to Optimize Capital Structure

TOPPAN Holdings Inc. announced the cancellation of 24 million of its own shares, representing 7.53% of its total issued shares, as part of a strategic decision to optimize its capital structure. This move is expected to impact the company’s share value and market perception positively by reducing the number of outstanding shares, potentially increasing shareholder value.

The most recent analyst rating on (JP:7911) stock is a Buy with a Yen5250.00 price target. To see the full list of analyst forecasts on Toppan Printing Co stock, see the JP:7911 Stock Forecast page.

Toppan Holdings to Acquire 11 Million Own Shares to Boost Shareholder Returns

Toppan Holdings Inc. announced a resolution to acquire up to 11 million of its own shares, representing 3.75% of its total issued shares, as part of a strategy to enhance shareholder returns and improve capital efficiency. This move, involving a maximum expenditure of 30 billion yen, will be executed through market purchases on the Tokyo Stock Exchange over a one-year period, potentially impacting the company’s market positioning and shareholder value.

The most recent analyst rating on (JP:7911) stock is a Buy with a Yen5250.00 price target. To see the full list of analyst forecasts on Toppan Printing Co stock, see the JP:7911 Stock Forecast page.

Toppan Holdings Increases Year-End Dividend Forecast

Toppan Holdings Inc. has announced a revision to its year-end dividend forecast for the fiscal year ending March 31, 2025, increasing the dividend by 8 yen to 32 yen per share, resulting in a total dividend of 56 yen per share. This decision reflects the company’s commitment to providing stable returns to shareholders and is based on a comprehensive evaluation of its business performance and future investment plans.

The most recent analyst rating on (JP:7911) stock is a Buy with a Yen5250.00 price target. To see the full list of analyst forecasts on Toppan Printing Co stock, see the JP:7911 Stock Forecast page.