Toppan Growth Strategy: Acquisitions, Innovation, and Start-Ups
Japan-based Toppan Holdings, a global player in printing, packaging, and security features, is advancing its growth strategy through acquisitions, innovation, and support for startups.
According to the company, it is reshaping its international presence, with a strong emphasis on sustainable packaging and security technologies, while investing in next- generation materials and systems.
As part of its three-year plan, which extends through March 2026, Toppan aims to invest ¥100 billion (c. $650 million) to expand its ambitions (see HOT News December 2024). Recent acquisitions highlight this goal, eg. Sonoco’s Thermoformed & Flexibles Packaging (STFP) business, a leader in sustainable packaging, in April and Irplast, an Italian BOPP film manufacturer.
Toppan anticipates that overseas sales will increase to 50% of total revenue, up from the current 35%, and is targeting an annual operating profit of ¥100 billion yen in 2025.
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