Komori
Results7911TOPPAN Holdings Inc.Information and Communications, Services and Others

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the interim period of the fiscal year ending March 2027, revenue, operating profit, ordinary profit and interim net profit attributable to owners of the parent all exceeded the same period of the previous year. The company revised its full-year earnings forecast based on recent performance trends, but this interim financial results report does not provide details of the forecast before and after the revision.

Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
76.7
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales943,806Millions of yenYear on year +9.3%Progress 48.4%
Operating profit43,800Millions of yenYear on year +76.7%Progress 46.1%
Ordinary income42,775Millions of yenYear on year +63.8%Progress 46.2%
Net income attributable to owners of the parent45,320Millions of yenYear on year +51.6%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥80.66
Financial position at period-end
Total assets2,581,903Millions of yen
of which net assets 1,464,644 Millions of yenEquity ratio 53.9%vs. prior year-end +1.6pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+45,456
Investment-52,843
Financials-17,055
Net change-24,442

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period384,945 Millions of yen
Segment revenueInformation Solutions business field 422,557 Millions of yen (YoY +1.1%), Lifestyle & Industrial business field 443,096 Millions of yen (YoY +35.3%), Electronics business field 78,152 Millions of yen (YoY -34.2%)
Segment profitInformation Solutions business field 13,935 Millions of yen (YoY +27.4%), Lifestyle & Industrial business field 32,663 Millions of yen (YoY +119.6%), Electronics business field 18,078 Millions of yen (YoY -11.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales1,950,000 Millions of yen (YoY +8.0%)
Operating profit95,000 Millions of yen (YoY +41.6%)
Ordinary income92,500 Millions of yen (YoY +22.2%)
Profit attributable to owners of the parent57,000 Millions of yen (YoY -12.0%)
Revision to Earnings ForecastNot disclosed → Net Sales 1,950,000 / Operating profit 95,000 / Ordinary income 92,500 / Profit attributable to owners of the parent 57,000
Annual Dividend Forecast58 Yen per share (before taking the stock split into account) → 58 Yen per share (before taking the stock split into account)(0.0%)
Factors Behind Changes in Business Performance

Information Solutions posted higher revenue and profit due to the effects of acquisitions, expanded services, stronger integrated proposals, and the expansion of the scale of government and public-sector projects. Life and Industry posted higher revenue and profit due to the effects of the acquisition of the flexible packaging business, demand in Asia, and the expansion of SX packaging. Electronics posted lower revenue and profit because the increase in semiconductor demand for AI and communications applications was offset by the impact of the transition to an equity-method affiliate.

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Yesそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 2 companies / Company name TOPPAN Edge Inc. and 1 other company
Material subsequent eventsA 1-for-2 stock split effective 1 October 2026, an amendment to the articles of incorporation, and a resolution to tender shares of artience Co., Ltd. in its public tender offer. If all shares are acquired, the expected sale proceeds are approximately ¥45.8 billion, and the company expects to record a gain on the sale of shares in an affiliated company of approximately ¥3.0 billion.
Impairment loss173 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 319 Millions of yen, Gain on Sale of Investment Securities 19,058 Millions of yen, Reversal of environmental remediation expenses 1,536 Millions of yen, Reversal of provision for loss on sale of shares of affiliates 873 Millions of yen, Gain on revision of retirement benefit plans 577 Millions of yen, Compensation received 285 Millions of yen, Gain on sale of shares of an affiliated company 135 Millions of yen, Insurance proceeds received 36 Millions of yen, Reversal of provision for cancellation losses 36 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 1,052 Millions of yen, Loss on sale of investment securities 395 Millions of yen, Valuation loss on investment securities 158 Millions of yen, Impairment Losses 173 Millions of yen, Special retirement payments 5,089 Millions of yen, Disaster-related losses 549 Millions of yen
Depreciation and amortization40,918 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (for securities analysts and institutional investors)
Issued Shares at Period-End589,412,480
Treasury Shares at Period-End31,289,327
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales943,806 Millions of yen (YoY +9.3%)
Operating profit43,800 Millions of yen (YoY +76.7%)
Ordinary income42,775 Millions of yen (YoY +63.8%)
Profit attributable to owners of the parent45,320 Millions of yen (YoY +51.6%)
Net income per share¥80.66
Equity ratioEnd of the current fiscal period 53.9 / End of previous period 52.3
Total assets2,581,903 Millions of yen
Net assets1,464,644 Millions of yen
Cash flows from operating activities45,456 Millions of yen
Cash flows from investing activities-52,843 Millions of yen
Cash flows from financing activities-17,055 Millions of yen
Cash and cash equivalents at end of period384,945 Millions of yen
Full-year earnings forecastNet Sales 1,950,000 Millions of yen (YoY +8.0%) / Operating profit 95,000 Millions of yen (YoY +41.6%) / Ordinary income 92,500 Millions of yen (YoY +22.2%) / Profit attributable to owners of the parent 57,000 Millions of yen (YoY -12.0%)
Revision to Earnings ForecastNot disclosed → Net Sales 1,950,000 / Operating profit 95,000 / Ordinary income 92,500 / Profit attributable to owners of the parent 57,000
Annual Dividend Forecast58 Yen per share (before taking the stock split into account) → 58 Yen per share (before taking the stock split into account)(0.0%)
Segment revenueInformation Solutions business field 422,557 Millions of yen (YoY +1.1%), Lifestyle & Industrial business field 443,096 Millions of yen (YoY +35.3%), Electronics business field 78,152 Millions of yen (YoY -34.2%)
Segment profitInformation Solutions business field 13,935 Millions of yen (YoY +27.4%), Lifestyle & Industrial business field 32,663 Millions of yen (YoY +119.6%), Electronics business field 18,078 Millions of yen (YoY -11.7%)
Depreciation and amortization40,918 Millions of yen
Impairment loss173 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 319 Millions of yen, Gain on Sale of Investment Securities 19,058 Millions of yen, Reversal of environmental remediation expenses 1,536 Millions of yen, Reversal of provision for loss on sale of shares of affiliates 873 Millions of yen, Gain on revision of retirement benefit plans 577 Millions of yen, Compensation received 285 Millions of yen, Gain on sale of shares of an affiliated company 135 Millions of yen, Insurance proceeds received 36 Millions of yen, Reversal of provision for cancellation losses 36 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 1,052 Millions of yen, Loss on sale of investment securities 395 Millions of yen, Valuation loss on investment securities 158 Millions of yen, Impairment Losses 173 Millions of yen, Special retirement payments 5,089 Millions of yen, Disaster-related losses 549 Millions of yen
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards Yes / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 2 companies / Company name TOPPAN Edge Inc. and 1 other company
Material subsequent eventsA 1-for-2 stock split effective 1 October 2026, an amendment to the articles of incorporation, and a resolution to tender shares of artience Co., Ltd. in its public tender offer. If all shares are acquired, the expected sale proceeds are approximately ¥45.8 billion, and the company expects to record a gain on the sale of shares in an affiliated company of approximately ¥3.0 billion.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (for securities analysts and institutional investors)
Issued Shares at Period-End589,412,480
Treasury Shares at Period-End31,289,327
Factors Behind Changes in Business PerformanceInformation Solutions posted higher revenue and profit due to the effects of acquisitions, expanded services, stronger integrated proposals, and the expansion of the scale of government and public-sector projects. Life and Industry posted higher revenue and profit due to the effects of the acquisition of the flexible packaging business, demand in Asia, and the expansion of SX packaging. Electronics posted lower revenue and profit because the increase in semiconductor demand for AI and communications applications was offset by the impact of the transition to an equity-method affiliate.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Information Solutions posted higher revenue and profit due to the effects of the acquisition of DZ Card, the expansion of service packages, stronger integrated proposals, and the expansion of the scale of government and public-sector projects. Life and Industry posted higher revenue and profit due to the effects of acquisitions, including the overseas flexible packaging business, demand in Asia, and the expansion of SX packaging in Japan. Electronics posted lower revenue and profit because the increase in semiconductor demand for AI and communications applications was offset by the impact of the transition of Tekscend Photomask Corp. to an equity-method affiliate. The company explained that the full-year earnings forecast was revised based on recent performance trends.

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