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Tokyo Printing Ink Mfg Co 4635.T · JPY

Materials · Tokyo Stock Exchange · 🇯🇵 Japan

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2,247

+8.24%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥49.93bn

FY2017FY2026

Net income

¥1.87bn

FY2017FY2026

Free cash flow

¥431.0m

FY2017FY2026

Shareholders' equity

¥31.72bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥49.93bn¥46.81bn¥43.92bn¥43.41bn¥41.40bn¥38.16bn¥42.57bn¥44.63bn¥44.87bn¥43.95bn
Gross profit¥8.00bn¥6.85bn¥6.23bn¥5.55bn¥6.44bn¥5.92bn¥6.51bn¥7.01bn¥7.32bn¥6.85bn
Research and development—¥1.25bn¥1.20bn¥973.0m¥1.05bn¥1.15bn¥1.18bn¥1.24bn¥1.28bn¥1.28bn
Operating income¥2.28bn¥1.35bn¥769.0m¥2.77bn¥707.0m¥289.0m¥626.0m¥1.27bn¥1.50bn¥1.23bn
Net income¥1.87bn¥1.18bn¥881.0m¥1.65bn¥725.0m¥600.0m¥657.0m¥1.03bn¥1.28bn¥1.02bn
Diluted earnings per share149.4293.3066.27125.5555.3045.7650.0976.1094.8175.19

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥53.42bn¥50.83bn¥52.47bn¥47.80bn¥47.31bn¥45.78bn¥43.26bn¥46.66bn¥47.32bn¥45.08bn
Cash and short-term investments¥4.23bn¥3.70bn¥3.74bn¥3.38bn¥3.62bn¥3.16bn¥1.58bn¥1.87bn¥1.71bn¥1.70bn
Total liabilities¥21.48bn¥21.00bn¥23.06bn¥20.53bn¥21.62bn¥20.56bn¥19.36bn¥22.53bn¥23.01bn¥22.93bn
Debt¥6.21bn¥6.92bn¥7.53bn¥7.55bn¥9.19bn¥8.89bn¥7.22bn¥7.34bn¥6.85bn¥7.52bn
Shareholders' equity¥31.72bn¥29.63bn¥29.21bn¥27.09bn¥25.54bn¥25.06bn¥23.75bn¥23.98bn¥24.17bn¥22.03bn
Shares outstanding12m13m13m13m13m13m13m14m14m14m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥2.38bn¥2.28bn¥2.01bn¥2.77bn¥1.85bn¥1.94bn¥661.0m¥1.68bn¥2.37bn¥2.36bn
Capital spending−¥1.94bn−¥1.94bn−¥1.26bn−¥1.23bn−¥1.55bn−¥1.81bn−¥2.01bn−¥1.53bn−¥1.24bn−¥865.0m
Free cash flow¥431.0m¥337.0m¥753.0m¥1.55bn¥300.0m¥134.0m−¥1.35bn¥149.0m¥1.13bn¥1.49bn
Dividends paid−¥665.0m−¥317.0m−¥314.0m−¥314.0m−¥209.0m−¥209.0m−¥215.0m−¥216.0m−¥162.0m−¥161.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥13.35bn¥12.33bn¥13.26bn¥12.31bn¥12.03bn¥11.99bn¥12.56bn¥11.26bn
Gross profit¥2.25bn¥1.87bn¥2.27bn¥1.92bn¥1.94bn¥1.78bn¥2.06bn¥1.47bn
Operating income¥773.0m¥313.0m¥812.0m¥529.0m¥568.0m¥362.0m¥680.0m¥115.0m
Net income¥1.02bn¥20.0m¥1.06bn¥337.0m¥449.0m¥369.0m¥506.0m¥142.0m
Diluted earnings per share81.551.6083.8926.6435.5029.1738.0610.68
Total assets¥54.49bn¥53.42bn¥55.50bn¥52.10bn¥51.17bn¥50.83bn¥53.67bn¥50.31bn
Cash and short-term investments¥4.36bn¥4.23bn¥4.47bn¥3.50bn¥3.42bn¥3.70bn¥3.40bn¥3.18bn
Debt¥4.28bn¥6.11bn¥4.72bn¥6.92bn¥4.49bn¥6.80bn¥5.34bn¥7.51bn
Shareholders' equity¥31.63bn¥31.72bn¥30.95bn¥30.28bn¥29.70bn¥29.63bn¥29.84bn¥29.41bn

Financial ratios

Data as of 25 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin16.0%14.6%14.2%12.8%15.5%15.5%—
Operating margin4.6%2.9%1.8%6.4%1.7%0.8%—
Net margin3.7%2.5%2.0%3.8%1.8%1.6%—
Return on equity5.9%4.0%3.0%6.1%2.8%2.4%—
Return on assets3.5%2.3%1.7%3.4%1.5%1.3%—
Free cash flow yield16.9%16.4%12.1%14.9%12.7%14.0%—
Revenue growth6.7%6.6%1.2%4.8%8.5%-10.4%—
Earnings growth58.2%33.9%-46.5%127.0%20.8%-8.7%—
Current ratio1.95x1.82x1.72x1.75x1.69x1.71x—
Debt to equity0.19x0.23x0.25x0.28x0.36x0.35x—
Equity ratio59.4%58.3%55.7%56.7%54.0%54.7%—
Interest coverage33.49x34.51x26.52x58.94x21.42x8.26x—
R&D as a share of sales—2.7%2.7%2.2%2.5%3.0%2.8%
Buybacks as a share of market value1.2%4.9%-1.4%0.0%0.0%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue4.8%5.5%0.8%
Operating income-6.3%51.1%14.4%
Net income4.3%25.5%19.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin15.4%14.5%14.8%15.0%
Operating margin3.7%3.9%3.1%2.8%
Net margin3.1%3.0%2.6%2.3%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings13.015.410.14.510.610.28.06.64.99.1
Price to sales0.50.40.20.20.20.20.10.10.10.2

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year89.0024.0024.0024.0016.0016.0016.0016.00
  • 5-for-1 split · 29 Dec 2025
  • 10-to-1 reverse split · 27 Sept 2017
  • 11-for-10 split · 26 Mar 1991

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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