# Dai Nippon Printing vs Rengo vs TOPPAN Holdings vs Toyo Seikan Group Holdings

> Unit: JPY millions (ratios in %)
> Periods: Dai Nippon Printing = FY ending Mar 2026, consolidated, J-GAAP / Rengo = FY ending Mar 2026, consolidated, J-GAAP / TOPPAN Holdings = FY ending Mar 2026, consolidated, J-GAAP / Toyo Seikan Group Holdings = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T22:46:19.035Z

| Metric | Dai Nippon Printing | Rengo | TOPPAN Holdings | Toyo Seikan Group Holdings |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 1,512,571 | 1,008,337 | 1,805,033 | 963,213 |
| Operating income | 101,039 | 37,090 | 67,108 | 52,005 |
| Net income | 103,959 | 21,005 | 64,801 | 54,983 |
| COGS ratio | 75.8% | 81.4% | 76.5% | 85.4% |
| Operating margin | 6.7% | 3.7% | 3.7% | 5.4% |
| Net margin | 6.9% | 2.1% | 3.6% | 5.7% |
| FCF margin | -2.2% | -1.3% | -3.4% | 4.1% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YF74 | S100YI9N | S100YIAY | S100YGR9 |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Dai Nippon Printing | Rengo | TOPPAN Holdings | Toyo Seikan Group Holdings |
| --- | ---: | ---: | ---: | ---: |
| Revenue growth | 67.4 (23 peers) | 97.1 (17 peers) | 80.4 (23 peers) | 83.3 (15 peers) |
| Profitability | 87.5 (28 peers) | 50 (17 peers) | 62.5 (28 peers) | 50 (15 peers) |
| Cash conversion | 6.3 (24 peers) | 61.8 (17 peers) | 31.3 (24 peers) | 60.7 (14 peers) |
| Efficiency | 23.2 (28 peers) | 50 (17 peers) | 19.6 (28 peers) | 23.3 (15 peers) |
| Financial strength | 50 (5 peers) | 30 (5 peers) | 30 (5 peers) | 83.3 (3 peers) |

## Company details

- https://vizora.meequs.com/en/company/dai-nippon-printing/md
- https://vizora.meequs.com/en/company/rengo/md
- https://vizora.meequs.com/en/company/toppan-holdings/md
- https://vizora.meequs.com/en/company/toyo-seikan-group-holdings/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).