TOPPAN Holdings (7911) Stock Overview
Develops solutions based on its printing technologies in Japan, Asia, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
7911 Community Fair Values
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Analyst Price Targets
TOPPAN Holdings Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥4,930.00 |
| 52 Week High | JP¥5,928.00 |
| 52 Week Low | JP¥3,666.00 |
| Beta | 0.53 |
| 1 Month Change | -1.89% |
| 3 Month Change | 7.59% |
| 1 Year Change | 21.16% |
| 3 Year Change | 49.44% |
| 5 Year Change | 162.37% |
| Change since IPO | 86.21% |
Recent News & Updates
Narrative Update • Jun 16
7911: Global Security And IoT Shift Will Highlight Underappreciated Earnings Potential
Narrative Update on TOPPAN Holdings Price Target The analyst price target for TOPPAN Holdings has moved from ¥5,880 to ¥5,950. Analysts point to adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E as the key drivers of this change.Narrative Update • Jun 01
7911: Future HAPS Material Progress Will Highlight Underappreciated Earnings Potential
Analysts have trimmed their price target on TOPPAN Holdings from ¥6,020 to ¥5,880, citing updated assumptions that include slightly higher revenue growth, a modestly higher discount rate, and a marginally lower profit margin and future P/E. What's in the News SoftBank and TOPPAN Holdings jointly developed a lightweight, durable skin material for solar High Altitude Platform Station aircraft wings, combining SoftBank's HAPS expertise with TOPPAN's multi layered film and weather resistance technologies.Analysis Article • May 23
TOPPAN Holdings' (TSE:7911) Anemic Earnings Might Be Worse Than You Think
Investors were disappointed by TOPPAN Holdings Inc.'s ( TSE:7911 ) latest earnings release. We did some further digging...Recent updates
Narrative Update • Jun 16
7911: Global Security And IoT Shift Will Highlight Underappreciated Earnings Potential
Narrative Update on TOPPAN Holdings Price Target The analyst price target for TOPPAN Holdings has moved from ¥5,880 to ¥5,950. Analysts point to adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E as the key drivers of this change.Narrative Update • Jun 01
7911: Future HAPS Material Progress Will Highlight Underappreciated Earnings Potential
Analysts have trimmed their price target on TOPPAN Holdings from ¥6,020 to ¥5,880, citing updated assumptions that include slightly higher revenue growth, a modestly higher discount rate, and a marginally lower profit margin and future P/E. What's in the News SoftBank and TOPPAN Holdings jointly developed a lightweight, durable skin material for solar High Altitude Platform Station aircraft wings, combining SoftBank's HAPS expertise with TOPPAN's multi layered film and weather resistance technologies.Analysis Article • May 23
TOPPAN Holdings' (TSE:7911) Anemic Earnings Might Be Worse Than You Think
Investors were disappointed by TOPPAN Holdings Inc.'s ( TSE:7911 ) latest earnings release. We did some further digging...Analysis Article • May 17
TOPPAN Holdings Inc. (TSE:7911) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
It's been a mediocre week for TOPPAN Holdings Inc. ( TSE:7911 ) shareholders, with the stock dropping 15% to JP¥4,480...Narrative Update • May 14
7911: Future Outlook Will Highlight Underappreciated Earnings Potential Supporting 6,500 Expectation
Analysts have maintained their fair value estimate for TOPPAN Holdings at ¥6,020 per share. A new Street price target of ¥6,500, supported by views that the company's earnings growth potential is underappreciated, frames this narrative update.Narrative Update • Apr 25
7911: Future Outlook Will Highlight Underappreciated Earnings Potential Supporting 6,500 Expectation
The analyst price target for TOPPAN Holdings has been revised from ¥6,020 to ¥6,500. Analysts attribute this change to the company’s earnings growth potential, which they believe is not fully reflected in the current market view.Narrative Update • Apr 10
7911: Future Outlook Will Emphasize Underappreciated Earnings Potential Supporting 6,500 Expectation
The analyst price target for TOPPAN Holdings has been adjusted from ¥6,120 to ¥6,020, reflecting updated assumptions on discount rate, growth, and margins, while analysts still see the ¥6,500 target from recent Street research as supported by what they view as underappreciated earnings growth potential. Analyst Commentary Bullish Takeaways Bullish analysts view the ¥6,500 price target as supported by what they see as underappreciated earnings growth potential, which they consider only partially reflected in the current valuation assumptions.Narrative Update • Mar 27
7911: Future Outlook Will Highlight Underappreciated Earnings Potential Behind 6,500 Price Expectation
Analysts have adjusted their price target for TOPPAN Holdings to ¥6,500, citing what they describe as underappreciated earnings growth potential that is now being reflected in slightly updated discount rate and future P/E assumptions. Analyst Commentary Goldman Sachs framed the ¥6,500 price target as a reflection of earnings growth potential that, in its view, is not fully recognized in the current share price.Narrative Update • Mar 12
7911: Future Outlook Will Emphasize Buyback Impact And Underappreciated Earnings Potential
Narrative Update on TOPPAN Holdings The analyst price target for TOPPAN Holdings has been adjusted from ¥5,975 to ¥6,120. Analysts point to updated fair value estimates, refreshed assumptions on revenue growth and profit margins, and recent research suggesting the company's earnings growth potential may not be fully reflected in the current market view.Narrative Update • Feb 26
7911: Future Outlook Will Highlight Completed Share Repurchases And Leadership Review Potential
Analysts have kept their price target for TOPPAN Holdings steady at ¥5,975, citing only modest tweaks to assumptions for discount rate, revenue growth, profit margin, and future P/E as the basis for the unchanged view. What's in the News From October 1, 2025 to December 31, 2025, TOPPAN Holdings repurchased 2,213,700 shares, representing 0.78% of shares for ¥8,731.66 million, completing a total buyback of 6,731,100 shares, or 2.35%, for ¥25,890.37 million under the program announced on May 14, 2025 (Key Developments).Narrative Update • Feb 08
7911: Future Outlook Will Highlight Dividend Increases And Completed Share Repurchase Program
Analysts have kept their fair value estimate for TOPPAN Holdings broadly steady at ¥5,975, with only slight tweaks to the discount rate, revenue growth, profit margin assumptions and future P/E. This reflects minor model refinements rather than a material change in their view of the stock.Narrative Update • Jan 24
7911: Future Outlook Will Emphasize Dividend Progress And Ongoing Share Repurchases
Analysts have kept their fair value estimate for TOPPAN Holdings steady at ¥5,975, with only small tweaks to inputs such as the discount rate, long term revenue growth, profit margin and future P/E assumptions driving this unchanged price target view. What's in the News From October 1 to December 31, 2025, TOPPAN Holdings repurchased 2,213,700 shares, or 0.78% of shares, for ¥8,731.66 million, completing a total buyback of 6,731,100 shares, or 2.35%, for ¥25,890.37 million under the program announced on May 14, 2025 (Key Developments).Analysis Article • Jan 13
Calculating The Fair Value Of TOPPAN Holdings Inc. (TSE:7911)
Key Insights The projected fair value for TOPPAN Holdings is JP¥5,254 based on 2 Stage Free Cash Flow to Equity TOPPAN...Narrative Update • Jan 08
7911: Future Outlook Will Prioritize Dividend Progress Supported By Updated Earnings Assumptions
Analysts have lifted their price target for TOPPAN Holdings from ¥5,425 to ¥5,975, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E that, in their view, better reflect the current risk and earnings profile. What's in the News Completed share repurchase of 6,731,100 shares, representing 2.35% of shares, for ¥25,890.37 million under the buyback announced on May 14, 2025.Narrative Update • Dec 16
7911: Future Outlook Will Balance Dividend Growth With Evolving Earnings Profile
Analysts have raised their fair value estimate for TOPPAN Holdings from ¥5,162.50 to ¥5,425.00, citing a slightly lower discount rate and expectations for a higher future P E multiple, despite modestly softer long term growth and margin assumptions. What's in the News TOPPAN Holdings announced a higher second quarter dividend of JPY 28.00 per share, up from JPY 24.00 a year earlier, with payments starting December 1, 2025 (Key Developments).Narrative Update • Dec 01
7911: Future Outlook to Balance Dividend Increase and Margins Amidst Market Shifts
Analysts have increased their fair value estimate for TOPPAN Holdings from ¥4,883 to ¥5,163, reflecting revised projections for future growth and profitability. What's in the News Announced a dividend of JPY 28.00 per share for Q2 ended September 30, 2025, up from JPY 24.00 last year.Analysis Article • Nov 28
TOPPAN Holdings Inc. (TSE:7911) Stocks Shoot Up 36% But Its P/E Still Looks Reasonable
The TOPPAN Holdings Inc. ( TSE:7911 ) share price has done very well over the last month, posting an excellent gain of...Analysis Article • Nov 21
Weak Statutory Earnings May Not Tell The Whole Story For TOPPAN Holdings (TSE:7911)
Despite TOPPAN Holdings Inc.'s ( TSE:7911 ) recent earnings report having lackluster headline numbers, the market...Analysis Article • Oct 14
Potential Upside For TOPPAN Holdings Inc. (TSE:7911) Not Without Risk
When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider TOPPAN...Analysis Article • Sep 26
TOPPAN Holdings (TSE:7911) Is Due To Pay A Dividend Of ¥28.00
The board of TOPPAN Holdings Inc. ( TSE:7911 ) has announced that it will pay a dividend of ¥28.00 per share on the 2nd...Analysis Article • Aug 31
TOPPAN Holdings Inc.'s (TSE:7911) Intrinsic Value Is Potentially 56% Above Its Share Price
Key Insights TOPPAN Holdings' estimated fair value is JP¥5,966 based on 2 Stage Free Cash Flow to Equity TOPPAN...Analysis Article • Aug 13
TOPPAN Holdings (TSE:7911) Has Announced A Dividend Of ¥28.00
TOPPAN Holdings Inc. ( TSE:7911 ) will pay a dividend of ¥28.00 on the 2nd of December. The payment will take the...New Narrative • Jun 01
Sustainable Packaging And Digital Security Will Expand Global Reach
Expansion into sustainable packaging, digital security, and advanced semiconductors is set to drive higher margins, revenue growth, and diversification away from traditional print.Shareholder Returns
| 7911 | JP Commercial Services | JP Market | |
|---|---|---|---|
| 7D | 3.9% | 0.1% | 0.4% |
| 1Y | 21.2% | 16.7% | 35.7% |
Return vs Industry: 7911 exceeded the JP Commercial Services industry which returned 18.5% over the past year.
Return vs Market: 7911 underperformed the JP Market which returned 37.4% over the past year.
Price Volatility
| 7911 volatility | |
|---|---|
| 7911 Average Weekly Movement | 9.7% |
| Commercial Services Industry Average Movement | 3.7% |
| Market Average Movement | 4.3% |
| 10% most volatile stocks in JP Market | 9.3% |
| 10% least volatile stocks in JP Market | 2.1% |
Stable Share Price: 7911's share price has been volatile over the past 3 months compared to the JP market.
Volatility Over Time: 7911's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of JP stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1900 | 54,371 | Hideharu Maro | www.holdings.toppan.com |
TOPPAN Holdings Inc. develops solutions based on its printing technologies in Japan, Asia, and internationally. It operates through three segments: Information & Communication, Lifestyle & Industry, and Electronics. The Information & Communication segment offers securities in general, bankbooks, cards, business forms, catalogs, and other advertising and promotional printed materials, magazines, books, business process outsourcing, and other publications services.
TOPPAN Holdings Inc. Fundamentals Summary
| 7911 fundamental statistics | |
|---|---|
| Market cap | JP¥1.38t |
| Earnings (TTM) | JP¥64.80b |
| Revenue (TTM) | JP¥1.81t |
21.3x
P/E Ratio0.8x
P/S RatioIs 7911 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 7911 income statement (TTM) | |
|---|---|
| Revenue | JP¥1.81t |
| Cost of Revenue | JP¥1.38t |
| Gross Profit | JP¥424.25b |
| Other Expenses | JP¥359.45b |
| Earnings | JP¥64.80b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 12, 2026
| Earnings per share (EPS) | 231.03 |
| Gross Margin | 23.50% |
| Net Profit Margin | 3.59% |
| Debt/Equity Ratio | 34.8% |
How did 7911 perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield26%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/23 07:03 |
| End of Day Share Price | 2026/07/23 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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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.
| Analyst | Institution |
|---|---|
| Masahiro Shibano | Citigroup Inc |
| Ayaka Inomata | Daiwa Securities Co. Ltd. |
| Yoshikazu Higurashi | Deutsche Bank |