Dai Nippon PrintingDai Nippon Printing Co.,Ltd.7912東証プライムその他製品FY ending Mar 2026, consolidated, J-GAAP

Dai Nippon Printing FY ending Mar 2026 results

About 49% of Dai Nippon Printing's sales come from Smart communication, with Life and Healthcare and Electronics making up much of the rest.

Out of every ¥100 of sales, about ¥7 is left as operating profit.

Revenue changed +3.8% from the prior year, operating profit +7.9%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +3.8% · profit +7.9%, calculated from disclosed figures.

Operating leverage: 2.10× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+3.8%¥1.46T → ¥1.51T
Gross profit
+8.2%¥338.3B → ¥366B
Operating income
+7.9%¥93.6B → ¥101B
Net income attributable to owners
-6.1%¥110.7B → ¥104B
Operating cash flow
-69.6%¥132.7B → ¥40.4B
Free cash flow
-154.5%¥59.8B → -¥32.6B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥1.51T, up 3.8% from ¥1.46T.
  • Operating income climbed 7.9% from ¥93.6B to ¥101B, but net income slipped 6.1% from ¥110.7B to ¥104B.
  • Operating cash flow dropped from ¥132.7B to ¥40.4B, and free cash flow turned negative at -¥32.6B.

What drove the change

  • Smart communication earned more thanks to strong photo printing supplies, large outsourcing contracts, and restructuring of staff and fixed assets.
  • Life and Healthcare grew on battery pouches for IT devices, solar cell encapsulants and medical packaging, with fixed-cost cuts also lifting profit.
  • Electronics sold more but earned less, hit by currency moves and higher fixed costs from investment in photomasks.
  • Net income fell mainly because gains from selling investment securities were smaller than a year earlier.

Things to watch

  • A cyberattack or data leak could damage trust and halt parts of the business.
  • Geopolitical tension, natural disasters or shipping disruptions could hold up supplies of materials and parts.
  • The company calls the outlook uncertain, citing policy moves in the US and elsewhere and swings in material and labor costs.

Annual securities report (132nd fiscal term) / Management's analysis of financial position, operating results and cash flows · Annual securities report (132nd fiscal term) / Business risks

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Dai Nippon Printing sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥76
SG&A
¥17
Operating profit
¥7
Net profit kept
¥7

Annual margin trends

Gross margin24.2%
FY ending Mar 2021: 20.7%20.7%FY ending Mar 2022: 21.8%21.8%FY ending Mar 2023: 21.3%21.3%FY ending Mar 2024: 22.0%22.0%FY ending Mar 2025: 23.2%23.2%FY ending Mar 2026: 24.2%24.2%FY21FY22FY23FY24FY25FY26
Operating margin6.7%
FY ending Mar 2021: 3.7%3.7%FY ending Mar 2022: 5.0%5.0%FY ending Mar 2023: 4.5%4.5%FY ending Mar 2024: 5.3%5.3%FY ending Mar 2025: 6.4%6.4%FY ending Mar 2026: 6.7%6.7%FY21FY22FY23FY24FY25FY26
Net margin6.9%
FY ending Mar 2021: 1.9%1.9%FY ending Mar 2022: 7.2%7.2%FY ending Mar 2023: 6.2%6.2%FY ending Mar 2024: 7.8%7.8%FY ending Mar 2025: 7.6%7.6%FY ending Mar 2026: 6.9%6.9%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第132期(2025/04/01-2026/03/31)

    ID S100YF742026-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第131期(2024/04/01-2025/03/31)

    ID S100W0RF2025-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第130期(2023/04/01-2024/03/31)

    ID S100TT532024-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第129期(2022/04/01-2023/03/31)

    ID S100R1TC2023-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第128期(令和3年4月1日-令和4年3月31日)

    ID S100ODSV2022-06-29Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第127期(令和2年4月1日-令和3年3月31日)

    ID S100MF3N2021-09-10Open

Extracted from XBRL: 56 / Derived from other figures: 2

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