Toppan Inc.

Factors to consider:

• Company pays dividends (annually): last record date 2026-03-31, amount 0.19$ (Y0.72%)
• Earnings for 12 months up through Q4 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2025-03-31 to 2027-03-31

• 2025-03-31 to 2026-03-31 estimated range: [22.65$, 33.01$]
• 2026-03-31 to 2027-03-31 estimated range: [22.65$, 33.17$]

Financial Metrics affecting the TONPF estimates:

• Positive: with PPE of 17.6 at the end of fiscal year the price was neutral
• Positive: -5.39 < Operating profit margin, % of 4.89
• Positive: 42.59 < Shareholder equity ratio, % of 51.43 <= 64.29
• Positive: -0.02 < Operating cash flow per share per price, % of 4.95
• Positive: 1.81 < Return on assets ratio (scaled to [-100,100]) of 3.43
• Negative: Industry operating profit margin (median), % of 1.82 <= 2.88
• Negative: Industry operating cash flow per share per price (median), % of 4.51 <= 5.46