Dai Nippon Printing Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2021
February 09, 2021 at 11:30 am IST
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Dai Nippon Printing Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2021. For the year, the company expects net sales of JPY 1,340,000 million, operating income of JPY 40,000 million, net income attributable to parent company shareholders of JPY 21,000 million or JPY 74.77.
Dai Nippon Printing Co. specializes in printing services. Net sales break down by activity as follows:
- printing of cards, books and business documents (54.1%): microchips, plastic cards, books, magazines, catalogs, administrative forms, brochures, indices, etc.;
- printing of flexible packages and decorative coatings (28.2%): bags, bottles, cardboard boxes, paint papers, wood and metal engraved plates, etc. The group also produces and sells optic films, ink ribbons, etc.;
- manufacturing of electronic components (13.7%): semiconductors components, photolithography masks, projection screens, protection filters for screens, color printers components, etc.;
- production of beverages (4%).
Net sales are distributed geographically as follows: Japan (83%), Asia (10.6%) and other (5.4%).