Financials

Dai Nippon Printing: FYE Mar 2026 and ten years of results (51 metrics)

FYE Mar 2026 · Revenue¥1.51tnYoY +3.8%

FYE Mar 2026 · Operating profit¥101bnYoY +7.9%

FYE Mar 2026 · Net profit¥104bnYoY −6.1%

FYE Mar 2026 · Equity ratio58.5%YoY −0.7pp

FYE Mar 2026 · Group employees36,360YoY −530

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥1.41tn	n/a	¥31bn	n/a	2.2%	¥25bn	Kitajima Yoshitoshi	—
FYE Mar 2018Consolidated	¥1.41tn	+0.1%	¥46bn	+47.6%	3.3%	¥28bn	Kitajima Yoshitoshi	—
FYE Mar 2019Consolidated	¥1.40tn	−0.8%	¥50bn	+7.6%	3.6%	-¥36bn	Kitajima Yoshitoshi	<a class="en-history_person" href="/tse/7912/executives/ceo/kitajima-yoshinari/" hreflang="ja">Kitajima Yoshinari</a> becomes president in June
FYE Mar 2020Consolidated	¥1.40tn	+0.0%	¥56bn	+12.8%	4.0%	¥69bn	Kitajima Yoshinari	Record net loss of ¥35.6bn; extraordinary losses of ¥100bn
FYE Mar 2021Consolidated	¥1.34tn	−4.7%	¥50bn	−12.0%	3.7%	¥25bn	Kitajima Yoshinari	Net profit recovers to ¥69.4bn; DNP Group Environmental Vision 2050 drawn up
FYE Mar 2022Consolidated	¥1.34tn	+0.7%	¥67bn	+34.8%	5.0%	¥97bn	Kitajima Yoshinari	Lithium-ion battery materials plant opened inside the Tsuruse works
FYE Mar 2023Consolidated	¥1.37tn	+2.2%	¥61bn	−8.3%	4.5%	¥86bn	Kitajima Yoshinari	Net profit of ¥97.1bn, with ¥54.5bn of extraordinary gains
FYE Mar 2024Consolidated	¥1.42tn	+3.8%	¥75bn	+23.2%	5.3%	¥111bn	Kitajima Yoshinari	Basic Policy for the Management of the DNP Group published in February
FYE Mar 2025Consolidated	¥1.46tn	+2.3%	¥94bn	+24.1%	6.4%	¥111bn	Kitajima Yoshinari	Operating profit back above ¥70bn for the first time in sixteen years
FYE Mar 2026Consolidated	¥1.51tn	+3.8%	¥101bn	+7.9%	6.7%	¥104bn	Kitajima Yoshinari	HK Holding becomes a consolidated subsidiary in January

How it compares

Toppan¥1.81tnFY2025Operating margin 3.7%

Dai Nippon Printing¥1.51tnFY2025Operating margin 6.7%

NISSHA¥195bnFY2025Operating margin 2.1%

Kyodo Printing Co., Ltd.¥98bnFY2025Operating margin 2.2%

Income statement Revenue, costs, each level of profit and the margins they leave

Where the revenue goes

¥ bn

Cost of sales SG&A Operating profit

Margins

Gross margin Operating margin Ordinary margin Net margin

Revenue net sales, operating revenue

FYE Mar 2026 ¥1.51tn

CAGR · 10 yrs +0.8%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	1,410	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1,412	+0.1%	Cons. · Japanese GAAP
FYE Mar 2019	1,402	−0.8%	Cons. · Japanese GAAP
FYE Mar 2020	1,402	−0.0%	Cons. · Japanese GAAP
FYE Mar 2021	1,335	−4.7%	Cons. · Japanese GAAP
FYE Mar 2022	1,344	+0.7%	Cons. · Japanese GAAP
FYE Mar 2023	1,373	+2.2%	Cons. · Japanese GAAP
FYE Mar 2024	1,425	+3.8%	Cons. · Japanese GAAP
FYE Mar 2025	1,458	+2.3%	Cons. · Japanese GAAP
FYE Mar 2026	1,513	+3.8%	Cons. · Japanese GAAP

Definition: Everything the company took in from its own business
Formula: Revenue line of the income statement
Source: Securities report (XBRL)

Cost of sales

FYE Mar 2026 ¥1.15tn

CAGR · 10 yrs +0.0%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	1,143	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1,132	−1.0%	Cons. · Japanese GAAP
FYE Mar 2019	1,119	−1.1%	Cons. · Japanese GAAP
FYE Mar 2020	1,109	−0.9%	Cons. · Japanese GAAP
FYE Mar 2021	1,059	−4.6%	Cons. · Japanese GAAP
FYE Mar 2022	1,051	−0.7%	Cons. · Japanese GAAP
FYE Mar 2023	1,081	+2.9%	Cons. · Japanese GAAP
FYE Mar 2024	1,111	+2.8%	Cons. · Japanese GAAP
FYE Mar 2025	1,119	+0.7%	Cons. · Japanese GAAP
FYE Mar 2026	1,147	+2.4%	Cons. · Japanese GAAP

Definition: The cost of what was sold
Formula: Cost of sales line of the income statement
Source: Securities report (XBRL)

Gross profit

FYE Mar 2026 ¥366bn

CAGR · 10 yrs +3.6%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	267	n/a	Cons. · Japanese GAAP
FYE Mar 2018	281	+5.1%	Cons. · Japanese GAAP
FYE Mar 2019	282	+0.5%	Cons. · Japanese GAAP
FYE Mar 2020	293	+3.8%	Cons. · Japanese GAAP
FYE Mar 2021	277	−5.4%	Cons. · Japanese GAAP
FYE Mar 2022	293	+5.8%	Cons. · Japanese GAAP
FYE Mar 2023	292	−0.3%	Cons. · Japanese GAAP
FYE Mar 2024	314	+7.5%	Cons. · Japanese GAAP
FYE Mar 2025	338	+7.8%	Cons. · Japanese GAAP
FYE Mar 2026	366	+8.2%	Cons. · Japanese GAAP

Definition: What the product or service itself earns
Formula: Revenue − cost of sales
Source: Securities report (XBRL)

SG&A selling, general and administrative expenses

FYE Mar 2026 ¥265bn

CAGR · 10 yrs +1.3%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	236	n/a	Cons. · Japanese GAAP
FYE Mar 2018	234	−0.6%	Cons. · Japanese GAAP
FYE Mar 2019	232	−0.9%	Cons. · Japanese GAAP
FYE Mar 2020	237	+1.9%	Cons. · Japanese GAAP
FYE Mar 2021	227	−3.9%	Cons. · Japanese GAAP
FYE Mar 2022	226	−0.5%	Cons. · Japanese GAAP
FYE Mar 2023	231	+2.0%	Cons. · Japanese GAAP
FYE Mar 2024	238	+3.3%	Cons. · Japanese GAAP
FYE Mar 2025	245	+2.7%	Cons. · Japanese GAAP
FYE Mar 2026	265	+8.3%	Cons. · Japanese GAAP

Definition: The cost of selling and of running the company
Formula: SG&A line of the income statement
Source: Securities report (XBRL)

Operating profit

FYE Mar 2026 ¥101bn

CAGR · 10 yrs +13.9%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	31.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	46.4	+47.6%	Cons. · Japanese GAAP
FYE Mar 2019	49.9	+7.6%	Cons. · Japanese GAAP
FYE Mar 2020	56.3	+12.8%	Cons. · Japanese GAAP
FYE Mar 2021	49.5	−12.0%	Cons. · Japanese GAAP
FYE Mar 2022	66.8	+34.8%	Cons. · Japanese GAAP
FYE Mar 2023	61.2	−8.3%	Cons. · Japanese GAAP
FYE Mar 2024	75.5	+23.2%	Cons. · Japanese GAAP
FYE Mar 2025	93.6	+24.1%	Cons. · Japanese GAAP
FYE Mar 2026	101	+7.9%	Cons. · Japanese GAAP

Definition: What the core business earns
Formula: Gross profit − SG&A
Source: Securities report (XBRL)

Non-operating income

FYE Mar 2026 ¥24bn

CAGR · 10 yrs +6.6%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	13.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	13.8	+1.1%	Cons. · Japanese GAAP
FYE Mar 2019	15.2	+9.9%	Cons. · Japanese GAAP
FYE Mar 2020	15.7	+3.1%	Cons. · Japanese GAAP
FYE Mar 2021	15.6	−0.2%	Cons. · Japanese GAAP
FYE Mar 2022	18.6	+18.7%	Cons. · Japanese GAAP
FYE Mar 2023	26.7	+43.9%	Cons. · Japanese GAAP
FYE Mar 2024	28.4	+6.5%	Cons. · Japanese GAAP
FYE Mar 2025	26.4	−7.3%	Cons. · Japanese GAAP
FYE Mar 2026	24.4	−7.5%	Cons. · Japanese GAAP

Definition: Income from outside the core business
Formula: Non-operating income line of the income statement
Source: Securities report (XBRL)

Non-operating expenses

FYE Mar 2026 ¥6.2bn

CAGR · 10 yrs −3.3%

Fiscal year	Non-operating expenses ¥ bn	YoY	Basis
FYE Mar 2017	8.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	9.2	+10.5%	Cons. · Japanese GAAP
FYE Mar 2019	6.8	−25.9%	Cons. · Japanese GAAP
FYE Mar 2020	8.2	+19.3%	Cons. · Japanese GAAP
FYE Mar 2021	5.2	−35.6%	Cons. · Japanese GAAP
FYE Mar 2022	4.1	−22.0%	Cons. · Japanese GAAP
FYE Mar 2023	4.3	+4.3%	Cons. · Japanese GAAP
FYE Mar 2024	5.2	+21.4%	Cons. · Japanese GAAP
FYE Mar 2025	4.0	−22.0%	Cons. · Japanese GAAP
FYE Mar 2026	6.2	+52.7%	Cons. · Japanese GAAP

Definition: Costs arising outside the core business
Formula: Non-operating expenses line of the income statement
Source: Securities report (XBRL)

Ordinary profit keijo rieki

FYE Mar 2026 ¥119bn

CAGR · 10 yrs +14.0%

Fiscal year	Ordinary profit ¥ bn	YoY	Basis
FYE Mar 2017	36.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	51.0	+38.7%	Cons. · Japanese GAAP
FYE Mar 2019	58.3	+14.3%	Cons. · Japanese GAAP
FYE Mar 2020	63.8	+9.5%	Cons. · Japanese GAAP
FYE Mar 2021	59.9	−6.1%	Cons. · Japanese GAAP
FYE Mar 2022	81.2	+35.6%	Cons. · Japanese GAAP
FYE Mar 2023	83.7	+3.0%	Cons. · Japanese GAAP
FYE Mar 2024	98.7	+18.0%	Cons. · Japanese GAAP
FYE Mar 2025	116	+17.4%	Cons. · Japanese GAAP
FYE Mar 2026	119	+2.9%	Cons. · Japanese GAAP

Definition: A level of profit that exists only under Japanese GAAP
Formula: Operating profit + non-operating income − non-operating expenses
Source: Securities report (XBRL)

Extraordinary income

FYE Mar 2026 ¥58bn

CAGR · 10 yrs +1.7%

Fiscal year	Extraordinary income ¥ bn	YoY	Basis
FYE Mar 2017	49.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	59.3	+19.5%	Cons. · Japanese GAAP
FYE Mar 2019	23.1	−61.1%	Cons. · Japanese GAAP
FYE Mar 2020	81.7	+254.0%	Cons. · Japanese GAAP
FYE Mar 2021	3.0	−96.4%	Cons. · Japanese GAAP
FYE Mar 2022	54.6	+1747.6%	Cons. · Japanese GAAP
FYE Mar 2023	44.5	−18.5%	Cons. · Japanese GAAP
FYE Mar 2024	85.9	+93.2%	Cons. · Japanese GAAP
FYE Mar 2025	130	+51.8%	Cons. · Japanese GAAP
FYE Mar 2026	58.0	−55.6%	Cons. · Japanese GAAP

Definition: One-off gains, such as an asset sale
Formula: Extraordinary income line of the income statement
Source: Securities report (XBRL)

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥104bn

CAGR · 10 yrs +17.0%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	25.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	27.5	+9.0%	Cons. · Japanese GAAP
FYE Mar 2019	-35.7	−229.7%	Cons. · Japanese GAAP
FYE Mar 2020	69.5	n/a	Cons. · Japanese GAAP
FYE Mar 2021	25.1	−63.9%	Cons. · Japanese GAAP
FYE Mar 2022	97.2	+287.4%	Cons. · Japanese GAAP
FYE Mar 2023	85.7	−11.8%	Cons. · Japanese GAAP
FYE Mar 2024	111	+29.5%	Cons. · Japanese GAAP
FYE Mar 2025	111	−0.2%	Cons. · Japanese GAAP
FYE Mar 2026	104	−6.1%	Cons. · Japanese GAAP

Definition: What is left after tax
Formula: Pre-tax profit − income taxes
Source: Securities report (XBRL)

Gross margin

FYE Mar 2026 24.2%

Average · 10 yrs 21.3%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	18.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	19.9	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	20.1	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	20.9	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2021	20.7	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	21.8	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2023	21.3	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2024	22.0	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2025	23.2	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2026	24.2	+1.0pp	Cons. · Japanese GAAP

Definition: The share of revenue left after the cost of sales
Formula: Gross profit ÷ revenue
Source: Securities report (XBRL)

Operating margin

FYE Mar 2026 6.7%

Average · 10 yrs 4.5%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	2.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	3.3	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2019	3.6	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	4.0	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2021	3.7	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2022	5.0	+1.3pp	Cons. · Japanese GAAP
FYE Mar 2023	4.5	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2024	5.3	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2025	6.4	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2026	6.7	+0.3pp	Cons. · Japanese GAAP

Definition: The share of revenue the core business keeps
Formula: Operating profit ÷ revenue
Source: Securities report (XBRL)

Ordinary margin

FYE Mar 2026 7.9%

Average · 10 yrs 5.4%

Fiscal year	Ordinary margin %	YoY	Basis
FYE Mar 2017	2.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	3.6	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2019	4.2	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2020	4.5	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	4.5	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2022	6.0	+1.6pp	Cons. · Japanese GAAP
FYE Mar 2023	6.1	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2024	6.9	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2025	8.0	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2026	7.9	−0.1pp	Cons. · Japanese GAAP

Definition: The share of revenue left at the ordinary-profit line
Formula: Ordinary profit ÷ revenue
Source: Securities report (XBRL)

Net margin

FYE Mar 2026 6.9%

Average · 10 yrs 4.4%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	1.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.9	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	-2.5	−4.5pp	Cons. · Japanese GAAP
FYE Mar 2020	5.0	+7.5pp	Cons. · Japanese GAAP
FYE Mar 2021	1.9	−3.1pp	Cons. · Japanese GAAP
FYE Mar 2022	7.2	+5.4pp	Cons. · Japanese GAAP
FYE Mar 2023	6.2	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2024	7.8	+1.5pp	Cons. · Japanese GAAP
FYE Mar 2025	7.6	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	6.9	−0.7pp	Cons. · Japanese GAAP

Definition: The share of revenue left after everything
Formula: Net profit ÷ revenue
Source: Securities report (XBRL)

Cost-of-sales ratio

FYE Mar 2026 75.8%

Average · 10 yrs 78.7%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	81.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	80.1	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	79.9	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	79.1	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2021	79.3	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	78.2	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2023	78.7	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2024	78.0	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2025	76.8	−1.2pp	Cons. · Japanese GAAP
FYE Mar 2026	75.8	−1.0pp	Cons. · Japanese GAAP

Definition: The share of revenue taken by the cost of sales
Formula: Cost of sales ÷ revenue
Source: Securities report (XBRL)

SG&A ratio

FYE Mar 2026 17.5%

Average · 10 yrs 16.8%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	16.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	16.6	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2019	16.6	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2020	16.9	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2021	17.0	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	16.8	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2023	16.8	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2024	16.7	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2025	16.8	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	17.5	+0.7pp	Cons. · Japanese GAAP

Definition: The share of revenue taken by selling and administrative costs
Formula: SG&A ÷ revenue
Source: Securities report (XBRL)

Balance sheet Assets, debt and equity, and what they say about financial strength

What the balance sheet is made of

¥ bn

Equity Liabilities and non-controlling interests

Financial strength

Equity ratio Debt-to-equity

Total assets

FYE Mar 2026 ¥2.03tn

CAGR · 10 yrs +1.7%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	1,742	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1,795	+3.0%	Cons. · Japanese GAAP
FYE Mar 2019	1,775	−1.1%	Cons. · Japanese GAAP
FYE Mar 2020	1,722	−3.0%	Cons. · Japanese GAAP
FYE Mar 2021	1,825	+6.0%	Cons. · Japanese GAAP
FYE Mar 2022	1,877	+2.8%	Cons. · Japanese GAAP
FYE Mar 2023	1,830	−2.5%	Cons. · Japanese GAAP
FYE Mar 2024	1,956	+6.8%	Cons. · Japanese GAAP
FYE Mar 2025	1,918	−1.9%	Cons. · Japanese GAAP
FYE Mar 2026	2,034	+6.1%	Cons. · Japanese GAAP

Definition: Everything the company holds
Formula: Total assets line of the balance sheet
Source: Securities report (XBRL)

Equity net assets, shareholders' equity

FYE Mar 2026 ¥1.19tn

CAGR · 10 yrs +1.6%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	1,034	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1,054	+1.9%	Cons. · Japanese GAAP
FYE Mar 2019	996	−5.5%	Cons. · Japanese GAAP
FYE Mar 2020	916	−8.1%	Cons. · Japanese GAAP
FYE Mar 2021	1,044	+14.0%	Cons. · Japanese GAAP
FYE Mar 2022	1,092	+4.6%	Cons. · Japanese GAAP
FYE Mar 2023	1,088	−0.4%	Cons. · Japanese GAAP
FYE Mar 2024	1,166	+7.2%	Cons. · Japanese GAAP
FYE Mar 2025	1,136	−2.6%	Cons. · Japanese GAAP
FYE Mar 2026	1,191	+4.8%	Cons. · Japanese GAAP

Definition: The part of the funding that never has to be repaid
Formula: Net assets line of the balance sheet
Source: Securities report (XBRL)

Interest-bearing debt

FYE Mar 2026 ¥57bn

CAGR · 10 yrs +1.1%

Fiscal year	Interest-bearing debt ¥ bn	YoY	Basis
FYE Mar 2017	51.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	54.9	+6.2%	Cons. · Japanese GAAP
FYE Mar 2019	52.5	−4.4%	Cons. · Japanese GAAP
FYE Mar 2020	45.0	−14.3%	Cons. · Japanese GAAP
FYE Mar 2021	48.9	+8.6%	Cons. · Japanese GAAP
FYE Mar 2022	48.2	−1.3%	Cons. · Japanese GAAP
FYE Mar 2023	44.1	−8.6%	Cons. · Japanese GAAP
FYE Mar 2024	61.7	+39.9%	Cons. · Japanese GAAP
FYE Mar 2025	56.2	−8.9%	Cons. · Japanese GAAP
FYE Mar 2026	57.0	+1.4%	Cons. · Japanese GAAP

Definition: Borrowings the company pays interest on
Formula: Loans + bonds + lease obligations
Source: Securities report (XBRL)

Short-term borrowings

FYE Mar 2026 ¥33bn

CAGR · 10 yrs −2.9%

Fiscal year	Short-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	43.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	44.8	+4.1%	Cons. · Japanese GAAP
FYE Mar 2019	42.5	−5.2%	Cons. · Japanese GAAP
FYE Mar 2020	39.1	−8.1%	Cons. · Japanese GAAP
FYE Mar 2021	37.3	−4.4%	Cons. · Japanese GAAP
FYE Mar 2022	34.0	−8.9%	Cons. · Japanese GAAP
FYE Mar 2023	30.3	−10.9%	Cons. · Japanese GAAP
FYE Mar 2024	38.3	+26.3%	Cons. · Japanese GAAP
FYE Mar 2025	31.7	−17.0%	Cons. · Japanese GAAP
FYE Mar 2026	33.0	+3.8%	Cons. · Japanese GAAP

Definition: Borrowings repayable within a year
Formula: Short-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Long-term borrowings

FYE Mar 2026 ¥24bn

CAGR · 10 yrs +4.5%

Fiscal year	Long-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	16.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	14.4	−11.1%	Cons. · Japanese GAAP
FYE Mar 2019	12.8	−11.4%	Cons. · Japanese GAAP
FYE Mar 2020	13.0	+1.6%	Cons. · Japanese GAAP
FYE Mar 2021	14.1	+8.7%	Cons. · Japanese GAAP
FYE Mar 2022	16.8	+19.2%	Cons. · Japanese GAAP
FYE Mar 2023	15.0	−10.7%	Cons. · Japanese GAAP
FYE Mar 2024	27.9	+85.7%	Cons. · Japanese GAAP
FYE Mar 2025	30.3	+8.5%	Cons. · Japanese GAAP
FYE Mar 2026	24.0	−20.6%	Cons. · Japanese GAAP

Definition: Borrowings repayable in more than a year
Formula: Long-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Bonds

FYE Mar 2026 n/a

CAGR · 9 yrs −1.1%

Fiscal year	Bonds ¥ bn	YoY	Basis
FYE Mar 2017	110	n/a	Cons. · Japanese GAAP
FYE Mar 2018	109	−0.9%	Cons. · Japanese GAAP
FYE Mar 2019	111	+2.3%	Cons. · Japanese GAAP
FYE Mar 2020	160	+43.7%	Cons. · Japanese GAAP
FYE Mar 2021	107	−32.9%	Cons. · Japanese GAAP
FYE Mar 2022	103	−4.3%	Cons. · Japanese GAAP
FYE Mar 2023	100	−2.4%	Cons. · Japanese GAAP
FYE Mar 2024	100	−0.0%	Cons. · Japanese GAAP
FYE Mar 2025	100	−0.0%	Cons. · Japanese GAAP
FYE Mar 2026	n/a	n/a	Cons. · Japanese GAAP

Definition: Bonds outstanding
Formula: Bonds line of the balance sheet
Source: Securities report (XBRL)

Intangible assets

FYE Mar 2026 ¥72bn

CAGR · 10 yrs +8.5%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	34.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	32.9	−4.6%	Cons. · Japanese GAAP
FYE Mar 2019	28.9	−12.0%	Cons. · Japanese GAAP
FYE Mar 2020	22.7	−21.4%	Cons. · Japanese GAAP
FYE Mar 2021	25.2	+11.0%	Cons. · Japanese GAAP
FYE Mar 2022	27.7	+10.1%	Cons. · Japanese GAAP
FYE Mar 2023	30.4	+9.4%	Cons. · Japanese GAAP
FYE Mar 2024	30.7	+1.1%	Cons. · Japanese GAAP
FYE Mar 2025	46.4	+51.1%	Cons. · Japanese GAAP
FYE Mar 2026	71.8	+54.8%	Cons. · Japanese GAAP

Definition: Assets with no physical form
Formula: Intangible assets line of the balance sheet
Source: Securities report (XBRL)

Goodwill

FYE Mar 2026 ¥31bn

CAGR · 10 yrs +18.8%

Fiscal year	Goodwill ¥ bn	YoY	Basis
FYE Mar 2017	6.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.2	−34.5%	Cons. · Japanese GAAP
FYE Mar 2019	2.5	−41.3%	Cons. · Japanese GAAP
FYE Mar 2020	1.2	−52.3%	Cons. · Japanese GAAP
FYE Mar 2021	2.4	+104.4%	Cons. · Japanese GAAP
FYE Mar 2022	2.3	−4.5%	Cons. · Japanese GAAP
FYE Mar 2023	2.4	+4.6%	Cons. · Japanese GAAP
FYE Mar 2024	4.1	+69.3%	Cons. · Japanese GAAP
FYE Mar 2025	10.3	+151.0%	Cons. · Japanese GAAP
FYE Mar 2026	30.6	+196.8%	Cons. · Japanese GAAP

Definition: What an acquisition cost above the net assets it brought
Formula: Goodwill line of the balance sheet
Source: Securities report (XBRL)

Equity ratio

FYE Mar 2026 58.5%

Average · 10 yrs 58.0%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	59.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	58.7	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	56.1	−2.6pp	Cons. · Japanese GAAP
FYE Mar 2020	53.2	−2.9pp	Cons. · Japanese GAAP
FYE Mar 2021	57.2	+4.0pp	Cons. · Japanese GAAP
FYE Mar 2022	58.2	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2023	59.4	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2024	59.6	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	59.2	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2026	58.5	−0.7pp	Cons. · Japanese GAAP

Definition: How much of the balance sheet is funded without debt
Formula: Equity ÷ total assets
Source: Securities report (XBRL)

Debt-to-equity ratio D/E ratio

FYE Mar 2026 4.8%

Average · 10 yrs 4.9%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	5.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	5.2	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	5.3	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2020	4.9	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	4.7	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	4.4	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2023	4.1	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2024	5.3	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2025	4.9	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2026	4.8	−0.2pp	Cons. · Japanese GAAP

Definition: Borrowings measured against the company's own capital
Formula: Interest-bearing debt ÷ equity
Source: Securities report (XBRL)

ROE return on equity

FYE Mar 2026 8.7%

Average · 10 yrs 5.6%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	2.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	2.6	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	-3.6	−6.2pp	Cons. · Japanese GAAP
FYE Mar 2020	7.6	+11.2pp	Cons. · Japanese GAAP
FYE Mar 2021	2.4	−5.2pp	Cons. · Japanese GAAP
FYE Mar 2022	8.9	+6.5pp	Cons. · Japanese GAAP
FYE Mar 2023	7.9	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2024	9.5	+1.6pp	Cons. · Japanese GAAP
FYE Mar 2025	9.7	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	8.7	−1.0pp	Cons. · Japanese GAAP

Definition: What the shareholders' capital earns
Formula: Net profit ÷ equity
Source: Securities report (XBRL)

ROA return on assets

FYE Mar 2026 5.1%

Average · 10 yrs 3.3%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	1.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.5	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2019	-2.0	−3.5pp	Cons. · Japanese GAAP
FYE Mar 2020	4.0	+6.0pp	Cons. · Japanese GAAP
FYE Mar 2021	1.4	−2.7pp	Cons. · Japanese GAAP
FYE Mar 2022	5.2	+3.8pp	Cons. · Japanese GAAP
FYE Mar 2023	4.7	−0.5pp	Cons. · Japanese GAAP
FYE Mar 2024	5.7	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2025	5.8	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	5.1	−0.7pp	Cons. · Japanese GAAP

Definition: What the whole balance sheet earns
Formula: Net profit ÷ total assets
Source: Securities report (XBRL)

Asset turnover

FYE Mar 2026 0.74×

CAGR · 10 yrs −0.9%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	0.81	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.79	−2.8%	Cons. · Japanese GAAP
FYE Mar 2019	0.79	+0.3%	Cons. · Japanese GAAP
FYE Mar 2020	0.81	+3.1%	Cons. · Japanese GAAP
FYE Mar 2021	0.73	−10.1%	Cons. · Japanese GAAP
FYE Mar 2022	0.72	−2.1%	Cons. · Japanese GAAP
FYE Mar 2023	0.75	+4.7%	Cons. · Japanese GAAP
FYE Mar 2024	0.73	−2.9%	Cons. · Japanese GAAP
FYE Mar 2025	0.76	+4.3%	Cons. · Japanese GAAP
FYE Mar 2026	0.74	−2.2%	Cons. · Japanese GAAP

Definition: How much revenue each yen of assets produces
Formula: Revenue ÷ total assets
Source: Securities report (XBRL)

Cash flow statement Cash from operations, investment and financing, and what is left on hand

The three cash flows

¥ bn

Operating CF Investing CF Financing CF

Cash against debt

¥ bn

Cash and equivalents Interest-bearing debt Net cash

Operating cash flow

FYE Mar 2026 ¥40bn

CAGR · 10 yrs −6.2%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	71.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	48.5	−32.6%	Cons. · Japanese GAAP
FYE Mar 2019	69.0	+42.3%	Cons. · Japanese GAAP
FYE Mar 2020	93.9	+36.2%	Cons. · Japanese GAAP
FYE Mar 2021	61.7	−34.3%	Cons. · Japanese GAAP
FYE Mar 2022	82.0	+33.0%	Cons. · Japanese GAAP
FYE Mar 2023	38.0	−53.7%	Cons. · Japanese GAAP
FYE Mar 2024	72.6	+91.0%	Cons. · Japanese GAAP
FYE Mar 2025	133	+82.9%	Cons. · Japanese GAAP
FYE Mar 2026	40.4	−69.6%	Cons. · Japanese GAAP

Definition: Cash the business itself generated
Formula: Cash flow from operating activities
Source: Securities report (XBRL)

Investing cash flow

FYE Mar 2026 -¥74bn

Average · 10 yrs -¥13bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	14.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	23.1	+64.7%	Cons. · Japanese GAAP
FYE Mar 2019	-147	−736.7%	Cons. · Japanese GAAP
FYE Mar 2020	191	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-56.3	−129.5%	Cons. · Japanese GAAP
FYE Mar 2022	-39.2	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-25.0	n/a	Cons. · Japanese GAAP
FYE Mar 2024	18.4	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-36.7	−300.2%	Cons. · Japanese GAAP
FYE Mar 2026	-73.6	n/a	Cons. · Japanese GAAP

Definition: Cash spent on, or released by, investment
Formula: Cash flow from investing activities
Source: Securities report (XBRL)

Financing cash flow

FYE Mar 2026 ¥23bn

Average · 10 yrs -¥53bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-45.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-42.8	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-32.2	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-41.3	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-78.3	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-57.8	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-52.4	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-119	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-87.4	n/a	Cons. · Japanese GAAP
FYE Mar 2026	23.3	n/a	Cons. · Japanese GAAP

Definition: Cash raised from, or returned to, lenders and shareholders
Formula: Cash flow from financing activities
Source: Securities report (XBRL)

Cash and equivalents

FYE Mar 2026 ¥244bn

CAGR · 10 yrs +1.4%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	215	n/a	Cons. · Japanese GAAP
FYE Mar 2018	245	+14.2%	Cons. · Japanese GAAP
FYE Mar 2019	134	−45.4%	Cons. · Japanese GAAP
FYE Mar 2020	377	+182.1%	Cons. · Japanese GAAP
FYE Mar 2021	304	−19.4%	Cons. · Japanese GAAP
FYE Mar 2022	293	−3.6%	Cons. · Japanese GAAP
FYE Mar 2023	258	−11.9%	Cons. · Japanese GAAP
FYE Mar 2024	235	−9.2%	Cons. · Japanese GAAP
FYE Mar 2025	251	+6.8%	Cons. · Japanese GAAP
FYE Mar 2026	244	−2.8%	Cons. · Japanese GAAP

Definition: Cash on hand at the year end
Formula: Closing balance in the cash flow statement
Source: Securities report (XBRL)

Free cash flow

FYE Mar 2026 -¥33bn

Average · 10 yrs ¥58bn

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	86.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	71.5	−16.8%	Cons. · Japanese GAAP
FYE Mar 2019	-77.9	−209.0%	Cons. · Japanese GAAP
FYE Mar 2020	285	n/a	Cons. · Japanese GAAP
FYE Mar 2021	5.4	−98.1%	Cons. · Japanese GAAP
FYE Mar 2022	42.8	+693.4%	Cons. · Japanese GAAP
FYE Mar 2023	13.0	−69.7%	Cons. · Japanese GAAP
FYE Mar 2024	90.9	+600.8%	Cons. · Japanese GAAP
FYE Mar 2025	96.0	+5.6%	Cons. · Japanese GAAP
FYE Mar 2026	-33.3	−134.7%	Cons. · Japanese GAAP

Definition: What is left once the business has paid for its own investment
Formula: Operating cash flow + investing cash flow
Source: Securities report (XBRL)

Operating cash flow margin

FYE Mar 2026 2.7%

Average · 10 yrs 5.1%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	5.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	3.4	−1.7pp	Cons. · Japanese GAAP
FYE Mar 2019	4.9	+1.5pp	Cons. · Japanese GAAP
FYE Mar 2020	6.7	+1.8pp	Cons. · Japanese GAAP
FYE Mar 2021	4.6	−2.1pp	Cons. · Japanese GAAP
FYE Mar 2022	6.1	+1.5pp	Cons. · Japanese GAAP
FYE Mar 2023	2.8	−3.3pp	Cons. · Japanese GAAP
FYE Mar 2024	5.1	+2.3pp	Cons. · Japanese GAAP
FYE Mar 2025	9.1	+4.0pp	Cons. · Japanese GAAP
FYE Mar 2026	2.7	−6.4pp	Cons. · Japanese GAAP

Definition: How much of the revenue turned into cash
Formula: Operating cash flow ÷ revenue
Source: Securities report (XBRL)

Net cash

FYE Mar 2026 ¥187bn

CAGR · 10 yrs +1.5%

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	163	n/a	Cons. · Japanese GAAP
FYE Mar 2018	190	+16.7%	Cons. · Japanese GAAP
FYE Mar 2019	81.3	−57.2%	Cons. · Japanese GAAP
FYE Mar 2020	332	+309.0%	Cons. · Japanese GAAP
FYE Mar 2021	255	−23.2%	Cons. · Japanese GAAP
FYE Mar 2022	245	−4.0%	Cons. · Japanese GAAP
FYE Mar 2023	214	−12.6%	Cons. · Japanese GAAP
FYE Mar 2024	173	−19.3%	Cons. · Japanese GAAP
FYE Mar 2025	194	+12.5%	Cons. · Japanese GAAP
FYE Mar 2026	187	−4.0%	Cons. · Japanese GAAP

Definition: Cash on hand once the borrowings are paid off
Formula: Cash and equivalents − interest-bearing debt
Source: Securities report (XBRL)

Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples

Market capitalisation

FYE Mar 2026 ¥1.24tn

Change · 10 yrs +¥447bn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	796	n/a
FYE Mar 2018	713	n/a
FYE Mar 2019	858	n/a
FYE Mar 2020	746	n/a
FYE Mar 2021	752	n/a
FYE Mar 2022	913	n/a
FYE Mar 2023	1,083	n/a
FYE Mar 2024	1,295	n/a
FYE Mar 2025	1,111	n/a
FYE Mar 2026	1,243	n/a

Definition: What the market says the company is worth
Formula: Year-end share price × shares outstanding
Source: Securities report (XBRL)

Share price year-end close

FYE Mar 2026 2,828¥

Change · 10 yrs +1,628¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	1,200	n/a
FYE Mar 2018	2,198	n/a
FYE Mar 2019	2,647	n/a
FYE Mar 2020	2,300	n/a
FYE Mar 2021	2,319	n/a
FYE Mar 2022	2,879	n/a
FYE Mar 2023	3,705	n/a
FYE Mar 2024	4,670	n/a
FYE Mar 2025	2,119	n/a
FYE Mar 2026	2,828	n/a

Definition: The closing price on the last day of the fiscal year
Formula: Year-end closing price
Source: Securities report (XBRL)

Shares outstanding

FYE Mar 2026 439,480,000shares

Change · 10 yrs −224,000,000 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	663,480,000	Parent
FYE Mar 2018	324,240,000	Parent
FYE Mar 2019	324,240,000	Parent
FYE Mar 2020	324,240,000	Parent
FYE Mar 2021	324,240,000	Parent
FYE Mar 2022	317,240,000	Parent
FYE Mar 2023	292,240,000	Parent
FYE Mar 2024	277,240,000	Parent
FYE Mar 2025	524,480,000	Parent
FYE Mar 2026	439,480,000	Parent

Definition: How many shares exist
Formula: Shares issued, from the key figures of the filing
Source: Securities report (XBRL)

EPS earnings per share

FYE Mar 2026 235.48¥

Change · 10 yrs +153.91¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	81.57	Cons.
FYE Mar 2018	90.76	Cons.
FYE Mar 2019	-118.22	Cons.
FYE Mar 2020	235.18	Cons.
FYE Mar 2021	89.31	Cons.
FYE Mar 2022	355.84	Cons.
FYE Mar 2023	321.31	Cons.
FYE Mar 2024	221.56	Cons.
FYE Mar 2025	238.90	Cons.
FYE Mar 2026	235.48	Cons.

Definition: Net profit for each share
Formula: Net profit ÷ average shares outstanding
Source: Securities report (XBRL)

BPS book value per share

FYE Mar 2026 2,708.89¥

Change · 10 yrs +1,150.65¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	1,558.24	Cons. · Japanese GAAP
FYE Mar 2018	3,249.44	Cons. · Japanese GAAP
FYE Mar 2019	3,072.30	Cons. · Japanese GAAP
FYE Mar 2020	2,824.39	Cons. · Japanese GAAP
FYE Mar 2021	3,219.77	Cons. · Japanese GAAP
FYE Mar 2022	3,441.75	Cons. · Japanese GAAP
FYE Mar 2023	3,721.27	Cons. · Japanese GAAP
FYE Mar 2024	4,205.48	Cons. · Japanese GAAP
FYE Mar 2025	2,165.67	Cons. · Japanese GAAP
FYE Mar 2026	2,708.89	Cons. · Japanese GAAP

Definition: Equity behind each share
Formula: Equity ÷ shares outstanding
Source: Securities report (XBRL)

PER price-to-earnings ratio

FYE Mar 2026 12.01×

Average · 10 yrs 11.81×

Fiscal year	PER ×	Basis
FYE Mar 2017	29.43	Cons.
FYE Mar 2018	24.22	Cons.
FYE Mar 2019	-22.39	Cons.
FYE Mar 2020	9.78	Cons.
FYE Mar 2021	25.97	Cons.
FYE Mar 2022	8.09	Cons.
FYE Mar 2023	11.53	Cons.
FYE Mar 2024	10.54	Cons.
FYE Mar 2025	8.87	Cons.
FYE Mar 2026	12.01	Cons.

Definition: How many years of earnings the price stands for
Formula: Year-end price ÷ EPS
Source: Securities report (XBRL)

PBR price-to-book ratio

FYE Mar 2026 1.02×

Average · 10 yrs 0.79×

Fiscal year	PBR ×	Basis
FYE Mar 2017	0.71	Cons.
FYE Mar 2018	0.63	Cons.
FYE Mar 2019	0.80	Cons.
FYE Mar 2020	0.71	Cons.
FYE Mar 2021	0.62	Cons.
FYE Mar 2022	0.71	Cons.
FYE Mar 2023	0.89	Cons.
FYE Mar 2024	0.96	Cons.
FYE Mar 2025	0.84	Cons.
FYE Mar 2026	1.02	Cons.

Definition: The price measured against the book value behind it
Formula: Year-end price ÷ BPS
Source: Securities report (XBRL)

Workforce and productivity Headcount, pay and what each employee accounts for

Group employees

FYE Mar 2026 36,360people

Change · 10 yrs −2,448 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	38,808	n/a	Cons.
FYE Mar 2018	38,627	−0.5%	Cons.
FYE Mar 2019	38,051	−1.5%	Cons.
FYE Mar 2020	38,181	+0.3%	Cons.
FYE Mar 2021	37,062	−2.9%	Cons.
FYE Mar 2022	36,542	−1.4%	Cons.
FYE Mar 2023	36,246	−0.8%	Cons.
FYE Mar 2024	36,911	+1.8%	Cons.
FYE Mar 2025	36,890	−0.1%	Cons.
FYE Mar 2026	36,360	−1.4%	Cons.

Definition: Everyone employed across the group
Formula: Consolidated headcount, from the employee section of the filing
Source: Securities report (XBRL)

Parent-company employees

FYE Mar 2026 8,911people

Change · 10 yrs −1,889 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	10,800	n/a	Parent
FYE Mar 2018	10,775	−0.2%	Parent
FYE Mar 2019	10,757	−0.2%	Parent
FYE Mar 2020	10,499	−2.4%	Parent
FYE Mar 2021	10,328	−1.6%	Parent
FYE Mar 2022	10,082	−2.4%	Parent
FYE Mar 2023	10,107	+0.2%	Parent
FYE Mar 2024	9,589	−5.1%	Parent
FYE Mar 2025	9,785	+2.0%	Parent
FYE Mar 2026	8,911	−8.9%	Parent

Definition: Employees of the filing company itself
Formula: Parent-only headcount, from the employee section of the filing
Source: Securities report (XBRL)

Average annual pay parent company

FYE Mar 2026 ¥8.6m

Change · 10 yrs +¥1.5m

Fiscal year	Average annual pay ¥ m	YoY	Basis
FYE Mar 2017	7.1	n/a	Parent
FYE Mar 2018	7.1	+0.8%	Parent
FYE Mar 2019	7.3	+1.9%	Parent
FYE Mar 2020	7.4	+2.5%	Parent
FYE Mar 2021	7.7	+3.0%	Parent
FYE Mar 2022	7.7	+0.2%	Parent
FYE Mar 2023	8.0	+3.8%	Parent
FYE Mar 2024	8.0	+0.9%	Parent
FYE Mar 2025	8.3	+3.2%	Parent
FYE Mar 2026	8.6	+3.8%	Parent

Definition: Average total annual compensation, bonuses included
Formula: Average annual pay, from the employee section of the filing
Source: Securities report (XBRL)

Average age

FYE Mar 2026 44.8years

Change · 8 yrs +2.6 years

Fiscal year	Average age years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	42.2	n/a	Parent
FYE Mar 2020	42.6	+0.9%	Parent
FYE Mar 2021	42.8	+0.5%	Parent
FYE Mar 2022	43.2	+0.9%	Parent
FYE Mar 2023	43.8	+1.4%	Parent
FYE Mar 2024	44.2	+0.9%	Parent
FYE Mar 2025	44.6	+0.9%	Parent
FYE Mar 2026	44.8	+0.4%	Parent

Definition: Average age of the parent company's employees
Formula: Average age, from the employee section of the filing
Source: Securities report (XBRL)

Average length of service

FYE Mar 2026 20.7years

Change · 10 yrs +3.1 years

Fiscal year	Average length of service years	YoY	Basis
FYE Mar 2017	17.6	n/a	Parent
FYE Mar 2018	18.0	+2.3%	Parent
FYE Mar 2019	18.6	+3.3%	Parent
FYE Mar 2020	19.0	+2.2%	Parent
FYE Mar 2021	19.1	+0.5%	Parent
FYE Mar 2022	19.4	+1.6%	Parent
FYE Mar 2023	20.1	+3.6%	Parent
FYE Mar 2024	20.3	+1.0%	Parent
FYE Mar 2025	20.9	+3.0%	Parent
FYE Mar 2026	20.7	−1.0%	Parent

Definition: How long the average employee has been with the company
Formula: Average years of service, from the employee section of the filing
Source: Securities report (XBRL)

Temporary employees

FYE Mar 2026 19,849people

Change · 10 yrs +12,821 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	7,028	n/a	n/a
FYE Mar 2018	7,896	+12.4%	n/a
FYE Mar 2019	9,398	+19.0%	n/a
FYE Mar 2020	10,011	+6.5%	n/a
FYE Mar 2021	17,755	+77.4%	n/a
FYE Mar 2022	17,821	+0.4%	n/a
FYE Mar 2023	19,447	+9.1%	n/a
FYE Mar 2024	20,568	+5.8%	n/a
FYE Mar 2025	19,996	−2.8%	n/a
FYE Mar 2026	19,849	−0.7%	n/a

Definition: Average number of temporary and part-time staff over the year
Formula: Average temporary headcount, from the employee section of the filing
Source: Securities report (XBRL)

Revenue per employee

FYE Mar 2026 ¥41.6m

Change · 10 yrs +¥5.3m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	36.3	n/a	Cons.
FYE Mar 2018	36.6	+0.6%	Cons.
FYE Mar 2019	36.8	+0.7%	Cons.
FYE Mar 2020	36.7	−0.3%	Cons.
FYE Mar 2021	36.0	−1.9%	Cons.
FYE Mar 2022	36.8	+2.1%	Cons.
FYE Mar 2023	37.9	+3.0%	Cons.
FYE Mar 2024	38.6	+1.9%	Cons.
FYE Mar 2025	39.5	+2.4%	Cons.
FYE Mar 2026	41.6	+5.3%	Cons.

Definition: What each employee accounts for in revenue
Formula: Revenue ÷ group employees
Source: Securities report (XBRL)

Operating profit per employee

FYE Mar 2026 ¥2.8m

Change · 10 yrs +¥2.0m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	0.8	n/a	Cons.
FYE Mar 2018	1.2	+48.3%	Cons.
FYE Mar 2019	1.3	+9.2%	Cons.
FYE Mar 2020	1.5	+12.4%	Cons.
FYE Mar 2021	1.3	−9.3%	Cons.
FYE Mar 2022	1.8	+36.8%	Cons.
FYE Mar 2023	1.7	−7.6%	Cons.
FYE Mar 2024	2.0	+21.0%	Cons.
FYE Mar 2025	2.5	+24.1%	Cons.
FYE Mar 2026	2.8	+9.5%	Cons.

Definition: What each employee accounts for in operating profit
Formula: Operating profit ÷ group employees
Source: Securities report (XBRL)

Disclaimer

Figures are reproduced as filed and are not restated: a change of accounting standard or of consolidation basis moves the series without anything happening to the business. Where that happened, the table says so in place of the year-on-year figure.
Ratios and per-employee figures are computed from the filed lines rather than taken from the filing, and use year-end balances rather than averages.

Accuracy, liability, reuse and privacy — the full disclaimer →

Data API

Dai Nippon Printing’s history, presidents and financials are published as static JSON — no key, plain GET. One API per public page, and one per section where a page carries several tables. Full specification →

/api/7912/company.json ·/api/7912/history.json ·/api/7912/ceo.json ·/api/7912/financials.json ·/api/7912/financials/segment.json ·/api/7912/financials/pl.json ·/api/7912/financials/cf.json ·/api/7912/financials/bs.json ·/api/7912/financials/employee.json ·/api/7912/financials/stock.json ·/api/7912/financials.csv ·/api/7912/financials_history.csv

/api/companies.json ·/api/decisions.json ·/api/api-manifest.json