ENVALITH
ダイニック株式会社 logo

DYNIC CORPORATION

3551Standard MarketTextiles & Apparels

ダイニック株式会社 logo
DYNIC CORPORATION3551

Printing & Information-Related Business

Dynic's largest segment. Captures overseas demand through Thermal Transfer Ribbon (Printing Media), film coating products, and other offerings.

PeriodCurrentPreviousChange
Net sales (full year, FY2026 (ending March 2026))¥22,393 million¥22,228 million
Operating income (full year, FY2026 (ending March 2026))¥2,292 million¥2,293 million
Operating margin (full year, FY2026 (ending March 2026))10.2%10.3%
Segment assets (end of FY2026 (ending March 2026))¥20,522 million¥19,696 million
Capital expenditures (FY2026 (ending March 2026))¥519 million¥644 million
Depreciation (FY2026 (ending March 2026))¥573 million¥523 million

Business Details

Centers on Printing Substrate products (Vinyl Cloth for Bookbinding, film coating products, quality labeling materials, etc.) and printing media (Thermal Transfer Ribbon). Serves domestic and overseas customers in food, apparel, vending machines, financial institutions, and other industries, with a global sales network through overseas bases in Singapore, Hong Kong, the U.S., the U.K., the Czech Republic, and China. Also handles the Electronic Specialty Materials field, including Moisture Removal Sheet for Organic EL. The largest segment, accounting for approximately 50% of Group net sales.

Recent Overview

Net sales increased slightly, but operating income declined slightly due to cost increases from Trump-era tariffs, partially offset by yen depreciation effects.

Net sales for FY2026 (ending March 2026) were ¥22,393 million (up 0.7% year on year). Thermal Transfer Ribbon, film coating products, quality labeling materials, forms, and Electronic Specialty Materials contributed to the sales increase, while cloth cloth, paper cloth, and vinyl cloth saw sales declines. Operating income was ¥2,292 million (down 0.1% year on year), a slight decrease. Although there was a positive effect from yen depreciation, cost increases due to Trump-era tariffs weighed on profit.

Key Products

product
Thermal Transfer Ribbon (Printing Media)

Thermal transfer ribbon used for printing on labels and similar items. Demand remained solid for both domestic and overseas food packaging applications, achieving a year-on-year increase in sales in FY2026 (ending March 2026) as well.

product
Film Coating Products (Printing Substrate)

Environmentally-friendly materials for vending machine applications performed well, and progress in developing new applications also contributed to a year-on-year increase in sales in FY2026 (ending March 2026).

product
Quality Labeling Materials (Printing Substrate)

Industrial quality labeling materials. Linen supply applications in the domestic market remained solid, resulting in a year-on-year increase in sales in FY2026 (ending March 2026) as well.

product
Moisture Removal Sheet for Organic EL (Electronic Specialty Materials)

A moisture removal sheet used in the manufacturing process of organic EL panels. The Electronic Specialty Materials field as a whole remained solid in FY2026 (ending March 2026), contributing to the year-on-year increase in sales.

product
Vinyl Cloth for Bookbinding (Printing Substrate)

Cloth cloth and paper cloth saw some profit improvement from reviewing unprofitable areas amid market contraction, but sales declined. Vinyl cloth saw a year-on-year decline in sales due to reduced orders resulting from supply-demand adjustments for overseas-bound diary cover materials.

product
Forms & Supplies (Other)

Sales of forms and supplies to financial institutions and other customers remained strong in FY2026 (ending March 2026), contributing to the segment's sales increase.

Growth Drivers

  • Continued solid demand for Thermal Transfer Ribbon in food packaging applications, both domestically and overseas
  • Strong performance of environmentally-friendly materials for vending machines in film coating products and progress in new application development
  • Stable orders for quality labeling materials in domestic linen supply applications
  • Development of new applications in the Electronic Specialty Materials field, including Moisture Removal Sheet for Organic EL
  • Continued strong sales of forms and supplies to financial institutions
  • Maintenance of profit margins through progress in passing on sales price increases and profitability improvement efforts
  • Improved export profitability due to the effects of yen depreciation

Risks

  • Continued structural contraction of the cloth cloth and paper cloth market, and declining sales associated with review of unprofitable areas
  • Risk of prolonged reduced orders for vinyl cloth (overseas-bound diary cover materials, etc.) due to supply-demand adjustments
  • Risk of cost increases due to shifts in trade policy such as Trump-era tariffs (already materializing in FY2026 (ending March 2026))
  • Cost pressure from persistently high raw material and fuel prices
  • Foreign exchange risk (deterioration in export profitability from a shift to yen appreciation)
  • Impact of geopolitical risk and regulatory changes in various countries at overseas bases (China, Europe, the U.S., etc.)

Last updated: June 23, 2026