Loading…
Japan's largest printing company, also making semiconductor photomasks and electronics/packaging materials.
Japan's largest printing company, also making semiconductor photomasks and electronics/packaging materials.
Earns from contract printing and packaging for corporate clients, security cards and documents for banks and governments, and electronic parts such as photomasks and lithium-ion battery pouch film. A long-time rival of Toppan, together the two dominate Japanese printing.
In one line: A smaller RR Donnelley plus electronics materials.
Moat: narrow (process know-how, customer qualification). Photomask and electronics-materials expertise diversify beyond declining core print demand.
Headquarters: Tokyo, Japan · Founded: 1876 · Employees: 36,360
Size Dai Nippon Printing (7912.T) is a Japan Industrials company (Commercial Printing/Forms) with a market value of $6.96B, the 184th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,558 on 6 Nov 2026.
Performance Over six months the shares fell 13.8%, against -12.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 10th lowest of 20 in its peer set.
Growth Revenue grew 3.6% over the last twelve months (peer median +0.5%); the operating margin is 7.0% (peer median 7.8%).
Valuation It trades at 11.8× forward earnings against a peer median of 15.1× (4th cheapest of 15).
Capital Return on invested capital runs 1.5 points below its cost of capital (6.9% WACC).
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥1.52T | ¥1.51T | ¥1.46T | ¥1.42T | ¥1.37T |
| Revenue growth | — | +4% | +2% | +4% | — |
| Gross profit | ¥375B | ¥353B | ¥328B | ¥301B | ¥280B |
| EBITDA | ¥163B | ¥156B | ¥148B | ¥132B | ¥114B |
| Net income | ¥82.2B | ¥104B | ¥111B | ¥111B | ¥85.7B |
| Free cash flow | n/a | -¥12.0B | ¥84.1B | ¥24.9B | -¥6.29B |
| Capital expenditure | n/a | ¥73.0B | ¥72.9B | ¥74.8B | ¥62.1B |
| Total debt | ¥247B | ¥282B | ¥181B | ¥183B | ¥156B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Dai Nippon Printing 7912.T | $6.96B | -14% | +4% | 7% | 11.8× | n/a |
| Toppan 7911.T | $6.77B | -3% | +9% | 4% | 15.0× | n/a |
| Photronics PLAB | $1.61B | -49% | +1% | 22% | 13.3× | 1.9% |
| Hoya 7741.T | $47.4B | -23% | +13% | 31% | 26.7× | 13.3% |
| Amcor AMCR | $20.7B | +14% | +57% | 9% | n/a | 5.8% |
| Toyo Seikan 5901.T | $3.69B | +34% | +6% | 6% | 20.4× | -2.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 7912.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.0% | -4.6% | 4th lowest of 21 |
| 6-month return | -13.8% | -12.7% | 10th lowest of 20 |
| Distance from 52-week high | -24.0% | -35.0% | 8th highest of 21 |
| Revenue growth (TTM) | +3.6% | +0.5% | 9th highest of 20 |
| Operating margin | 7.0% | 7.8% | 10th lowest of 20 |
| Forward P/E | 11.8× | 15.1× | 4th cheapest of 15 |
| ROIC minus cost of capital | -1.5 pp | +1.6 pp | 9th lowest of 18 |
| EV / EBITDA | 7.0× | 8.0× | 4th cheapest of 13 |
| Net debt / EBITDA | -0.2× | 1.6× | 4th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Dai Nippon Printing 7912.T | Japan | $6.96B | -14% | +4% | 7% | 11.8× | n/a | n/a |
| Toppan 7911.T | Japan | $6.77B | -3% | +9% | 4% | 15.0× | n/a | n/a |
| Kanzhun 2076.HK | Hong Kong | $8.39B | +23% | +16% | 33% | 13.7× | 6.3% | +32.6% |
| COL Global 300364.SZ | China | $2.86B | -9% | +9% | -16% | 1,310.0× | n/a | n/a |
| 4imprint FOUR.L | United Kingdom | $1.65B | +23% | -4% | 10% | 16.7× | 10.2% | +18.5% |
| Cimpress CMPR | United States | $1.39B | -38% | +10% | 6% | 12.4× | 5.4% | +7.7% |
| Deluxe DLX | United States | $1.22B | 0% | 0% | 13% | 6.6× | 2.1% | +3.6% |
| Manipal Payment and Identity Solutions MPIMANIPAL.NS | India | $768M | n/a | n/a | n/a | n/a | n/a | n/a |
| Bestsun Energy 600681.SS | China | $696M | -15% | -7% | 10% | n/a | -8.3% | +3.9% |
| Hongbo 002229.SZ | China | $677M | -44% | -59% | -47% | n/a | n/a | n/a |
| Shenzhen Jinjia 002191.SZ | China | $674M | -16% | +32% | -16% | 33.1× | n/a | n/a |
| Beijing Shengtong Printing 002599.SZ | China | $552M | -17% | -4% | 0% | 40.8× | 28.4% | 0.0% |
| Tungkong 002117.SZ | China | $543M | -32% | -12% | 12% | 22.3× | 5.7% | +0.3% |
| Ennis EBF | United States | $528M | +1% | +2% | 14% | 13.3× | -12.4% | +1.9% |
| Yongji Printing 603058.SS | China | $492M | -28% | -15% | 8% | n/a | 25.0% | +15.1% |
| KOSAIDO 7868.T | Japan | $434M | -24% | -5% | 18% | 15.2× | -13.5% | +2.8% |
| TCPL Packaging TCPLPACK.NS | India | $427M | +58% | +5% | 12% | 28.0× | 22.0% | +15.0% |
| Shaanxi Jinye Science Technology and Education 000812.SZ | China | $406M | -13% | +1% | -8% | n/a | n/a | n/a |
| Quad/Graphics QUAD | United States | $388M | +2% | -5% | 5% | 5.8× | -7.0% | -3.8% |
| Tianjin Binhai Energy & Development 000695.SZ | China | $386M | -28% | +57% | -8% | n/a | n/a | n/a |
| Wirtualna Polska WPL.WA | Poland | $364M | -6% | +39% | 11% | 11.4× | -5.0% | +28.5% |