TOPPAN Holdings's earnings have been declining at an average annual rate of -7.2%, while the Commercial Services industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 3.7% per year. TOPPAN Holdings's return on equity is 5%, and it has net margins of 3.6%.
Key information
-7.17%
Earnings growth rate
-3.24%
EPS growth rate
Commercial Services Industry Growth
8.53%
Revenue growth rate
3.68%
Return on equity
5.05%
Net Margin
3.59%
Next Earnings Update
12 Aug 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How TOPPAN Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:TONP.F Revenue, expenses and earnings (JPY Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
1,805,033
64,801
337,504
19,633
31 Dec 25
1,782,793
75,175
331,931
20,072
30 Sep 25
1,755,438
86,884
323,970
20,115
30 Jun 25
1,712,670
88,878
309,133
20,398
31 Mar 25
1,717,960
89,348
308,430
20,528
31 Dec 24
1,721,100
89,405
303,044
20,615
30 Sep 24
1,704,115
88,688
304,450
21,083
30 Jun 24
1,694,786
74,728
299,535
21,205
31 Mar 24
1,678,249
74,395
291,354
21,706
31 Dec 23
1,641,013
53,500
283,566
21,543
30 Sep 23
1,636,851
25,697
274,331
21,008
30 Jun 23
1,635,521
56,537
269,767
20,971
31 Mar 23
1,638,833
60,866
264,989
20,536
31 Dec 22
1,652,042
81,860
262,424
20,220
30 Sep 22
1,630,763
156,965
256,739
19,922
30 Jun 22
1,595,592
127,996
247,796
19,744
31 Mar 22
1,547,533
123,182
242,178
19,080
31 Dec 21
1,518,306
107,898
238,149
18,292
30 Sep 21
1,499,950
95,769
234,158
17,712
30 Jun 21
1,481,639
90,514
229,859
16,806
31 Mar 21
1,466,935
81,997
226,535
16,077
31 Dec 20
1,466,171
86,912
219,898
14,675
30 Sep 20
1,459,398
23,687
219,442
14,027
30 Jun 20
1,469,935
84,788
220,513
13,302
31 Mar 20
1,486,007
87,047
220,658
13,065
31 Dec 19
1,467,786
105,283
221,319
12,819
30 Sep 19
1,479,143
101,872
221,525
12,671
30 Jun 19
1,471,309
42,393
218,343
12,415
31 Mar 19
1,464,755
41,060
216,477
12,696
31 Dec 18
1,457,282
26,340
214,638
12,843
30 Sep 18
1,446,610
34,809
206,458
13,606
30 Jun 18
1,444,849
35,051
208,087
13,827
31 Mar 18
1,452,751
42,267
208,347
13,667
31 Dec 17
1,448,366
47,462
205,466
12,550
30 Sep 17
1,444,935
37,070
209,664
12,538
30 Jun 17
1,436,438
38,277
206,249
12,758
31 Mar 17
1,431,595
32,535
204,499
13,292
31 Dec 16
1,436,353
37,956
204,487
14,584
30 Sep 16
1,444,852
38,185
204,185
14,403
30 Jun 16
1,460,771
34,167
204,451
14,286
31 Mar 16
1,474,682
35,245
203,024
13,845
31 Dec 15
1,500,988
24,523
203,875
14,204
30 Sep 15
1,523,522
24,620
202,997
14,159
Quality Earnings: TONP.F has a large one-off gain of ¥29.6B impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: TONP.F's current net profit margins (3.6%) are lower than last year (5.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TONP.F's earnings have declined by 7.2% per year over the past 5 years.
Accelerating Growth: TONP.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TONP.F had negative earnings growth (-27.5%) over the past year, making it difficult to compare to the Commercial Services industry average (8.8%).
Return on Equity
High ROE: TONP.F's Return on Equity (5%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/02 00:18
End of Day Share Price
2026/06/30 00:00
Earnings
2026/03/31
Annual Earnings
2026/03/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TOPPAN Holdings Inc. is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.