TOKYO PRINTING INK MFG. CO., LTD.
4635・Standard Market・Chemicals
Ink Business
Tokyo Printing Ink's founding business segment, centered on printing ink and printing materials
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales | ¥18,368 million | ¥16,341 million | ↑ |
| Segment profit | ¥1,001 million | ¥563 million | ↑ |
| Segment assets | ¥20,136 million | ¥18,460 million | ↑ |
| Depreciation | ¥422 million | ¥328 million | ↑ |
| Increase in tangible and intangible fixed assets | ¥544 million | ¥765 million | ↓ |
Business Details
Manufactures and sells Offset Ink, Gravure Ink, Inkjet Ink, printing materials, and also sells printing machinery. The Company (Tokyo Printing Ink Mfg.) serves as the main manufacturer and seller, conducting product and merchandise transactions with Hayashi Ink Manufacturing Co., Ltd., Arakawa Toryo Kogyo Co., Ltd., and Tokyo Yuboku (Shanghai) Co., Ltd. While the structural contraction of the offset printing market continues, the Company is promoting a portfolio transformation toward growth areas such as Gravure Ink and Inkjet Ink.
Recent Overview
In FY2026 (ending March 2026), the Ink Business achieved significant growth in both sales and profit, with sales up 12.4% and segment profit up 77.8%
In FY2026 (ending March 2026), the Ink Business achieved sales of ¥18,368 million (up ¥2,026 million, or 12.4%, year on year) and segment profit of ¥1,001 million (up ¥438 million, or 77.8%, year on year), a substantial increase in both sales and profit. Offset Ink saw increased sales and profit as strengthened sales to key customers and new customer acquisition proved effective. Gravure Ink saw increased sales and profit as functional products for food packaging and products for medical packaging performed steadily. Meanwhile, Inkjet Ink saw decreased sales and profit due to sluggish growth in in-house products and a decline in orders for contract manufacturing products for Europe.
Key Products
Growth Drivers
- Steady growth in functional inks/coating agents for food packaging and products for medical packaging in Gravure Ink
- Improved profitability through the spread of appropriate sales price revisions
- Securing Offset Ink sales through strengthened sales to key customers and acquisition of new customers
- Focus on applications and technologies leveraging the Company's strengths in Inkjet Ink, and expansion of the product lineup
- Capturing new demand through the development and expanded sales of sustainability-oriented products
Risks
- Structural and ongoing contraction of the offset printing market (accelerating shift to digital)
- Sluggish performance of in-house Inkjet Ink products and risk of intensifying competition
- Risk of fluctuations in overseas orders, including contract manufacturing products for Europe
- Pressure on earnings from prolonged high raw material and energy costs
- Risk of temporary increases in expenses due to repairs to key production equipment
- Impact on overseas business (Tokyo Yuboku (Shanghai) Co., Ltd., etc.) from unstable international conditions and exchange rate fluctuations
Last updated: June 23, 2026