Toppan raises FY25 net profit forecast amid asset sales

Toppan Printing (TSE:7911) announced an upward revision to its consolidated financial results forecast for the fiscal year ending March 31, 2025. The company maintained its projections for sales, operating income, and recurring income, all remaining unchanged from the previous forecast released on November 13, 2024, at ¥1,720 billion, ¥88 billion, and ¥88.5 billion, respectively. However, the net profit attributable to owners of the parent has been increased by ¥10 billion, from ¥70 billion to ¥80 billion. This adjustment is primarily driven by expected special gains from the sale of investment securities and fixed assets, which are anticipated to exceed initial estimates. Consequently, earnings per share are now projected at ¥275.57, up from the previous forecast of ¥241.12. The company confirmed that its year-end dividend forecast remains unchanged.