Toppan Inc. (7911.T) - Quarterly Balance Statement

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7911.T
Financials

3858 (JPY) • At close July 4, 2025

Overview | Financials

Numbers are in millions (except for per share data and ratios) JPY.

	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3	2021 Q2	2021 Q1	2020 Q4	2020 Q3	2020 Q2	2020 Q1	2019 Q4	2019 Q3	2019 Q2	2019 Q1	2018 Q4	2018 Q3	2018 Q2	2018 Q1	2017 Q4	2017 Q3	2017 Q2	2017 Q1	2016 Q4	2016 Q3	2016 Q2	2016 Q1	2015 Q4	2015 Q3	2015 Q2	2015 Q1	2014 Q4	2014 Q3	2014 Q2	2014 Q1	2013 Q4	2013 Q3	2013 Q2	2013 Q1	2012 Q4	2012 Q3	2012 Q2	2012 Q1	2011 Q4	2011 Q3	2011 Q2	2011 Q1	2010 Q4	2010 Q3	2010 Q2	2010 Q1	2009 Q4	2009 Q3	2009 Q2	2008 Q4	2008 Q3
Assets:
Current Assets:
Cash & Cash Equivalents Numbers are in millions	768,989	415,088	455,913	478,704	522,880	462,438	435,647	435,641	431,722	448,073	503,687	451,389	437,951	465,656	474,717	511,884	513,972	455,682	404,926	440,927	287,212	287,763	329,875	245,900	257,367	223,432	230,687	231,639	241,491	221,442	225,644	245,153	242,171	237,133	260,179	229,459	230,288	194,117	184,582	206,257	209,144	172,219	198,246	187,932	182,373	249,676	170,655	178,018	166,613	137,024	160,517	153,742	173,968	147,644	168,563	163,950	194,983	190,885	172,769	179,325	197,848	166,438	176,527	180,643	136,539
Short Term Investments Numbers are in millions	9,600	5,303	4,740	23,420	35,148	68,939	68,672	72,237	73,199	73,199	29,600	30,701	26,702	27,025	28,918	29,117	29,418	30,411	23,212	36,616	78,803	58,006	82,603	73,001	69,902	72,418	75,250	75,250	75,903	89,303	121,551	121,103	130,202	121,537	147,109	117,262	111,843	118,349	147,886	181,029	174,449	155,937	123,741	134,432	134,133	56,985	101,522	97,187	100,434	61,582	52,024	57,923	32,470	43,416	85,056	93,515	94,956	44,051	43,695	45,987	52,585	60,978	64,468	62,754	62,311
Cash and Short Term Investments Numbers are in millions	778,589	420,391	460,653	502,124	558,028	531,377	504,319	507,878	504,921	521,272	533,287	482,090	464,653	492,681	503,635	541,001	543,390	486,093	428,138	477,543	366,015	345,769	412,478	318,901	327,269	295,850	305,937	306,889	317,394	310,745	347,195	366,256	372,373	358,670	407,288	346,721	342,131	312,466	332,468	387,286	383,593	328,156	321,987	322,364	316,506	306,661	272,177	275,205	267,047	198,606	212,541	211,665	206,438	191,060	253,619	257,465	289,939	234,936	216,464	225,312	250,433	227,416	240,995	243,397	198,850
Net Receivables Numbers are in millions	432,603	405,488	393,492	397,075	435,569	402,098	403,350	382,211	419,347	418,357	398,530	387,741	423,713	394,061	367,399	354,202	390,332	376,200	357,085	349,547	399,592	375,518	363,795	369,846	409,206	385,992	371,752	359,429	396,776	375,788	367,749	348,772	384,711	367,934	347,685	352,419	387,364	391,756	363,868	358,487	405,736	410,056	370,681	365,352	393,921	398,677	378,603	381,540	404,531	400,387	386,731	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Inventory Numbers are in millions	140,627	160,407	161,657	158,649	148,302	155,352	153,612	148,937	142,330	149,689	148,146	138,203	124,457	123,895	119,514	108,922	103,570	114,119	112,801	115,817	109,115	120,731	108,582	106,148	98,743	108,278	101,992	101,063	94,423	100,859	94,408	92,496	87,722	90,083	87,130	85,858	84,730	91,359	93,299	90,879	91,143	99,543	97,088	93,694	87,915	94,855	98,452	96,062	91,661	98,806	99,148	102,611	100,153	105,151	105,427	100,256	93,935	97,455	97,449	95,578	90,296	93,930	94,277	91,078	100,072
Other Current Assets Numbers are in millions	55,086	57,892	41,910	65,265	54,743	45,711	44,323	52,677	39,484	48,384	38,497	46,666	37,911	39,126	35,390	37,569	29,702	35,931	35,460	34,716	28,036	31,304	27,044	32,772	28,542	33,535	27,835	39,365	45,041	49,388	43,345	41,950	40,121	39,448	39,646	41,309	37,982	40,839	42,884	46,123	44,256	45,077	40,893	37,026	38,339	36,776	40,806	37,234	37,561	35,508	38,288	37,198	16,390	34,638	37,844	34,749	15,923	28,903	28,508	25,683	14,420	20,913	20,963	9,862	27,558
Total Current Assets Numbers are in millions	1,406,905	1,044,178	1,057,712	1,123,113	1,196,642	1,134,538	1,105,604	1,091,703	1,106,082	1,137,702	1,118,460	1,054,700	1,050,734	1,049,763	1,025,938	1,041,694	1,066,994	1,012,343	933,484	977,623	902,758	873,322	911,899	827,667	863,760	823,655	807,516	806,746	853,634	836,780	852,697	849,474	884,927	856,135	881,749	826,307	852,207	836,420	832,519	882,775	924,728	882,832	830,649	818,436	836,681	836,969	790,038	790,041	800,645	733,307	736,708	748,135	767,830	753,216	794,160	790,035	849,242	793,355	754,814	754,555	788,949	765,928	754,989	779,499	795,883
Non-Current Assets:
Property, Plant & Equipment, Net Numbers are in millions	620,999	663,934	657,394	645,793	623,514	613,084	609,533	606,206	597,301	598,510	607,507	597,040	580,255	564,421	568,449	566,756	571,778	582,183	589,312	595,990	600,528	591,466	569,087	562,797	553,976	551,803	548,518	551,262	555,649	544,796	536,063	525,138	526,580	521,108	518,168	526,942	537,977	539,609	543,551	544,282	566,124	554,287	548,426	553,027	553,291	540,241	554,965	554,163	552,510	540,763	537,906	569,721	574,506	589,982	596,178	601,765	608,615	607,253	620,252	623,079	632,793	638,780	652,258	652,177	662,863
Goodwill Numbers are in millions	22,363	21,888	22,911	23,920	23,942	22,926	22,245	22,828	22,931	32,168	32,355	29,513	27,478	33,075	31,774	0	11,373	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,404
Intangible Assets Numbers are in millions	64,898	67,608	67,258	68,718	67,155	67,943	67,763	65,026	62,419	64,102	61,888	57,858	56,022	37,402	37,768	50,144	48,181	46,682	45,937	47,058	49,638	47,455	34,855	35,855	36,879	46,404	34,587	35,229	35,625	34,620	27,676	27,382	25,132	24,520	24,958	26,152	27,441	26,475	26,435	27,119	27,587	24,322	23,920	23,638	22,855	21,808	21,421	21,358	20,169	18,720	18,211	0	18,450	0	0	0	0	0	0	0	0	0	0	0	23,133
Goodwill and Intangible Assets Numbers are in millions	87,261	89,496	90,169	92,638	91,097	90,869	90,008	87,854	85,350	96,270	94,243	87,371	83,500	70,477	69,542	50,144	48,181	46,682	45,937	47,058	49,638	47,455	34,855	35,855	36,879	46,404	34,587	35,229	35,625	34,620	27,676	27,382	25,132	24,520	24,958	26,152	27,441	26,475	26,435	27,119	27,587	24,322	23,920	23,638	22,855	21,808	21,421	21,358	20,169	18,720	18,211	18,261	18,450	18,661	19,093	19,639	19,817	19,452	19,934	21,657	22,890	24,319	25,489	27,718	28,537
Long Term Investments Numbers are in millions	318,321	550,921	526,930	559,506	451,846	375,317	388,802	504,808	320,099	343,186	395,431	511,665	544,808	655,187	768,191	601,864	602,348	542,068	662,491	602,536	404,536	573,953	477,299	611,703	569,168	529,208	713,811	616,318	544,112	554,889	443,911	374,485	350,643	311,424	242,765	266,290	261,105	274,518	233,754	222,511	225,481	231,793	108,958	96,693	95,711	165,167	111,248	100,747	88,967	110,768	111,416	93,566	126,367	103,871	66,084	57,523	53,121	103,692	99,703	95,803	96,955	81,476	84,475	83,131	83,806
Tax Assets Numbers are in millions	43,180	0	0	0	38,113	68,939	68,672	-56,021	29,453	73,199	29,600	-47,223	27,561	-45,102	-45,681	29,117	25,820	30,411	23,212	36,616	27,384	58,006	82,603	73,001	25,166	72,418	75,250	75,250	19,096	89,303	121,551	121,103	20,469	121,537	147,109	117,262	19,678	118,349	147,886	181,029	10,625	155,937	123,741	134,432	13,887	56,985	101,522	97,187	10,985	61,582	52,024	57,923	13,239	43,416	85,056	93,515	13,237	44,051	43,695	45,987	13,500	60,978	64,468	12,957	62,311
Other Non-Current Assets Numbers are in millions	38,421	1	1	1	31,675	64,562	60,261	56,022	100,528	49,184	51,340	47,223	1,327	45,102	45,681	44,633	48,377	44,519	46,397	43,432	158,608	101,505	102,328	101,158	145,034	95,059	95,243	92,751	144,616	77,803	75,206	81,280	190,155	78,016	78,001	84,243	178,163	78,489	80,989	84,204	240,093	65,302	66,982	71,034	189,924	69,587	70,365	71,167	159,785	70,999	72,701	65,451	86,431	66,886	68,432	69,265	150,296	69,606	70,901	72,746	110,607	74,632	75,825	126,263	78,182
Total Non-Current Assets Numbers are in millions	1,108,182	1,304,352	1,274,494	1,297,938	1,236,245	1,212,771	1,217,276	1,198,869	1,132,731	1,160,349	1,178,121	1,196,076	1,237,451	1,290,085	1,406,182	1,292,514	1,296,504	1,245,863	1,367,349	1,325,632	1,240,694	1,372,385	1,266,172	1,384,514	1,330,223	1,294,892	1,467,409	1,370,810	1,299,098	1,301,411	1,204,407	1,129,388	1,112,979	1,056,605	1,011,001	1,020,889	1,024,364	1,037,440	1,032,615	1,059,145	1,069,910	1,031,641	872,027	878,824	875,668	853,788	859,521	844,622	832,416	802,832	792,258	804,922	818,993	822,816	834,843	841,707	845,086	844,054	854,485	859,272	876,745	880,185	902,515	902,246	915,699
Total Assets Numbers are in millions	2,515,087	2,348,530	2,332,206	2,421,051	2,432,887	2,347,310	2,322,882	2,290,573	2,238,817	2,298,053	2,296,582	2,250,778	2,288,188	2,339,850	2,432,121	2,334,210	2,363,503	2,258,207	2,300,835	2,303,256	2,143,454	2,245,709	2,178,074	2,212,183	2,193,987	2,118,549	2,274,927	2,177,557	2,152,735	2,138,193	2,057,105	1,978,863	1,997,909	1,912,742	1,892,751	1,847,197	1,876,574	1,873,860	1,865,135	1,941,921	1,994,642	1,914,474	1,702,678	1,697,260	1,712,351	1,690,758	1,649,561	1,634,665	1,633,065	1,536,141	1,528,966	1,553,057	1,586,823	1,576,032	1,629,003	1,631,742	1,694,328	1,637,409	1,609,299	1,613,827	1,665,694	1,646,113	1,657,504	1,681,745	1,711,582
Liabilities & Equity:
Current Liabilities:
Account Payables Numbers are in millions	178,688	183,021	183,889	185,171	205,762	238,889	240,713	238,745	162,517	244,423	237,346	239,719	151,743	239,427	230,430	230,753	139,664	229,027	219,446	235,294	142,824	253,660	250,314	253,693	155,538	267,556	255,322	260,829	162,407	266,437	257,401	262,338	171,087	263,355	254,879	263,501	177,419	270,349	262,137	269,444	229,145	283,330	269,498	268,868	276,595	278,493	268,474	263,512	265,997	269,883	260,941	270,041	280,833	282,204	278,192	273,968	284,168	287,000	281,375	289,160	281,472	286,098	276,197	290,048	324,571
Short Term Debt Numbers are in millions	339,924	40,846	47,524	42,791	28,759	37,073	21,970	43,222	39,538	56,955	35,824	57,424	65,767	25,677	-6,030	24,605	40,662	5,928	40,856	23,900	67,808	-10,523	9,531	44,153	75,854	59,060	-10,914	-2,123	12,954	2,283	-6,544	14,971	25,709	8,985	37,153	60,565	72,770	70,339	20,405	91,688	74,564	80,662	65,468	19,247	3,953	18,900	47,779	71,663	69,829	65,565	25,579	24,302	26,405	28,866	59,360	59,448	56,863	55,844	24,748	23,865	26,152	26,336	26,994	29,331	23,421
Tax Payables Numbers are in millions	0	0	0	11,626	26,729	8,726	10,794	5,895	12,345	7,432	18,319	6,463	28,994	19,768	8,104	5,533	26,487	18,196	8,563	37,898	42,895	31,548	34,870	4,268	16,364	4,613	6,212	4,087	7,542	4,430	6,566	3,803	16,689	9,269	12,200	3,661	12,446	4,201	7,700	4,490	9,250	3,711	6,129	3,113	7,360	3,235	5,564	2,291	7,497	3,200	6,688	2,791	9,999	5,170	9,859	4,714	9,980	3,843	6,737	3,198	9,743	4,100	6,672	6,803	2,675
Deferred Revenue Numbers are in millions	0	0	0	0	26,729	25,601	37,612	18,181	40,557	21,895	43,893	19,112	57,543	33,713	32,061	17,662	53,010	31,132	31,654	49,076	65,827	42,712	55,459	14,133	37,230	15,076	27,069	14,192	30,199	15,269	26,878	14,504	38,765	19,405	33,652	13,188	32,036	14,018	27,212	13,513	28,933	12,028	22,239	11,429	25,880	11,763	23,826	10,857	25,176	11,504	22,975	10,819	27,118	13,771	29,060	14,707	32,352	12,066	25,019	11,347	28,185	12,197	24,053	24,532	11,586
Other Current Liabilities Numbers are in millions	304,272	248,869	255,714	244,655	225,278	154,565	135,786	147,529	252,994	130,948	101,877	121,809	249,590	88,734	91,333	104,914	229,679	83,963	83,435	74,449	236,458	69,241	56,656	96,264	219,952	85,807	76,804	92,616	226,170	87,122	79,259	92,216	218,227	92,028	69,031	84,007	199,470	80,372	66,754	84,050	144,711	91,288	80,255	95,759	80,484	78,956	75,439	101,495	109,798	88,111	85,977	84,442	90,707	85,437	90,711	97,351	102,109	85,233	88,552	84,743	86,197	84,555	88,423	98,558	98,247
Total Current Liabilities Numbers are in millions	822,884	472,736	487,127	484,243	544,227	490,455	484,487	471,753	467,394	483,548	481,152	463,639	496,094	441,032	387,959	401,129	436,492	399,378	415,608	469,693	489,985	429,350	462,289	426,644	467,708	447,188	381,562	383,793	409,073	390,810	390,438	402,336	431,712	412,447	440,567	438,110	462,105	453,297	411,420	476,698	515,536	483,047	465,828	409,845	420,152	403,110	444,908	438,961	453,121	426,759	379,185	381,576	407,944	401,677	438,122	435,481	453,120	431,920	401,412	400,966	403,564	401,089	398,286	424,740	448,914
Non-Current Liabilities:
Long Term Debt Numbers are in millions	127,672	130,105	132,474	146,659	163,252	157,061	158,632	161,772	184,243	190,120	188,712	188,926	188,309	237,869	295,778	285,849	283,581	286,997	287,056	287,842	183,135	214,515	213,541	217,129	198,282	199,627	240,387	242,471	243,450	243,731	239,000	226,270	226,129	237,312	239,564	205,476	208,339	216,410	259,079	254,351	254,345	270,139	240,466	297,185	299,586	304,515	224,063	228,255	224,040	189,688	228,654	232,075	232,263	233,627	235,377	239,309	281,665	254,440	256,855	260,441	296,269	299,628	302,109	313,318	287,019
Deferred Revenue Non-Current Numbers are in millions	0	0	0	0	10,285	0	0	0	59,328	0	0	0	55,068	0	0	0	54,839	0	0	0	55,091	0	0	0	53,649	0	0	0	53,017	0	0	0	64,779	0	0	0	56,954	0	0	0	44,851	0	0	0	48,038	0	0	0	42,605	0	0	0	47,715	0	0	0	46,590	0	0	0	49,562	0	0	53,899	0
Deferred Tax Liabilities Non-Current Numbers are in millions	36,494	0	0	0	79,257	0	0	0	58,946	0	0	0	100,141	0	0	0	123,977	0	0	0	92,603	0	0	0	138,326	0	0	0	135,966	0	0	0	93,772	0	0	0	71,753	0	0	0	85,794	0	0	0	19,352	0	0	0	14,555	0	0	0	13,033	0	0	0	24,909	0	0	0	21,101	0	0	11,946	0
Other Non-Current Liabilities Numbers are in millions	109,425	189,148	178,022	187,301	68,555	170,965	153,794	148,359	16,738	143,536	142,739	149,843	11,370	188,550	219,237	190,702	11,451	174,654	203,553	188,792	12,409	201,873	176,779	215,850	6,909	188,161	240,995	212,255	143,522	209,738	190,308	169,109	9,560	155,066	142,927	142,527	82,326	139,122	136,267	143,397	97,069	139,733	85,071	83,450	31,470	72,928	72,097	68,516	10,325	59,556	60,730	76,856	19,650	86,060	90,888	92,302	24,028	91,405	91,045	88,974	21,172	88,483	91,053	10,104	80,527
Total Non-Current Liabilities Numbers are in millions	273,591	319,253	310,496	333,960	321,349	328,026	312,426	310,131	319,255	333,656	331,451	338,769	354,888	426,419	515,015	476,551	473,848	461,651	490,609	476,634	343,238	416,388	390,320	432,979	397,394	387,788	481,382	454,726	439,989	453,469	429,308	395,379	394,240	392,378	382,491	348,003	347,619	355,532	395,346	397,748	396,265	409,872	325,537	380,635	379,094	377,443	296,160	296,771	291,525	249,244	289,384	308,931	312,661	319,687	326,265	331,611	377,192	345,845	347,900	349,415	388,104	388,111	393,162	389,267	367,546
Total Liabilities Numbers are in millions	1,096,475	791,989	797,623	818,203	865,576	818,481	796,913	781,884	786,649	817,204	812,603	802,408	850,982	867,451	902,974	877,680	910,340	861,029	906,217	946,327	833,223	845,738	852,609	859,623	865,102	834,976	862,944	838,519	849,062	844,279	819,746	797,715	825,952	804,825	823,058	786,113	809,724	808,829	806,766	874,446	911,801	892,919	791,365	790,480	799,246	780,553	741,068	735,732	744,646	676,003	668,569	690,507	720,605	721,364	764,387	767,092	830,312	777,765	749,312	750,381	791,668	789,200	791,448	814,007	816,460
Equity:
Preferred Stock Numbers are in millions	0	0	0	0	0	0	0	1,168,317	0	0	0	1,139,981	1,145,217	1,133,136	1,053,231	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Numbers are in millions	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986	104,986
Retained Earnings Numbers are in millions	1,046,962	1,029,277	996,134	973,265	1,005,129	988,459	956,466	947,855	987,986	991,070	986,385	947,135	941,169	925,233	844,940	834,631	832,978	831,632	763,763	758,756	771,956	765,650	759,625	697,246	700,775	676,304	674,502	668,069	672,843	662,962	652,695	645,805	643,452	628,377	628,467	620,370	623,049	602,554	601,775	597,696	600,620	590,855	589,973	585,777	591,157	585,920	584,575	580,426	582,095	577,135	575,229	569,797	575,105	578,289	580,592	578,337	582,329	581,216	582,276	579,188	584,342	574,871	577,053	586,809	593,899
Accumulated Other Comprehensive Income/Loss Numbers are in millions	135,929	257,630	242,354	282,803	231,801	211,032	222,736	204,123	154,730	183,891	189,044	193,513	220,763	266,231	343,157	275,848	220,893	211,876	276,556	244,485	183,195	280,478	229,408	321,598	295,069	271,315	396,492	334,310	294,143	299,124	258,436	213,026	207,159	176,968	145,286	144,849	145,803	164,998	160,064	173,162	167,239	123,227	25,927	24,732	25,191	30,505	24,863	17,940	6,644	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Total Stockholders Equity Numbers are in millions	5,682	18,042	53,951	90,859	74,863	84,871	103,302	115,476	77,414	77,816	81,557	87,859	99,061	369,148	103,304	385,399	115,907	121,790	122,621	122,489	122,489	122,588	106,651	66,097	66,098	337,406	66,103	64,490	64,502	62,409	64,374	64,210	64,228	64,274	60,362	60,346	60,362	225,370	60,405	233,591	60,444	60,466	86,411	61,724	61,734	61,749	86,643	79,743	68,462	49,270	44,786	51,154	51,089	41,211	47,636	50,047	46,750	46,779	46,091	51,372	56,976	51,184	57,112	47,541	61,749
Total Shareholders Equity Numbers are in millions	1,293,559	1,409,935	1,397,425	1,451,913	1,416,779	1,389,348	1,387,491	1,372,440	1,325,117	1,357,766	1,361,972	1,333,494	1,365,980	1,399,367	1,396,388	1,325,016	1,323,721	1,270,284	1,267,926	1,230,716	1,182,626	1,273,701	1,200,670	1,189,927	1,166,928	1,118,696	1,242,083	1,171,855	1,136,474	1,129,481	1,080,491	1,028,027	1,019,824	974,605	939,100	930,551	934,200	932,910	927,230	936,273	933,289	879,534	781,370	777,219	783,068	783,160	776,204	765,155	755,543	731,391	725,001	725,937	731,181	724,486	733,214	733,370	734,065	732,981	733,353	735,546	746,304	731,041	739,151	739,336	760,634
Total Equity Numbers are in millions	1,418,608	1,556,541	1,534,583	1,602,848	1,567,307	1,528,829	1,525,969	1,508,689	1,452,168	1,480,849	1,483,979	1,448,370	1,437,206	1,472,399	1,529,147	1,456,530	1,453,163	1,397,178	1,394,618	1,356,929	1,310,231	1,399,971	1,325,465	1,352,560	1,328,885	1,283,573	1,411,983	1,339,038	1,303,673	1,293,914	1,237,359	1,181,148	1,171,957	1,107,917	1,069,693	1,061,084	1,066,850	1,065,031	1,058,369	1,067,475	1,082,841	1,021,555	911,313	906,780	913,105	910,205	908,493	898,933	888,419	860,138	860,397	862,550	866,218	854,668	864,616	864,650	864,016	859,644	859,987	863,446	874,026	856,913	866,056	867,738	895,122
Total Liabilities & Shareholders Equity Numbers are in millions	2,515,087	2,348,530	2,332,206	2,421,051	2,432,883	2,347,310	2,322,882	2,290,573	2,238,817	2,298,053	2,296,582	2,250,778	2,288,188	2,339,850	2,432,121	2,334,210	2,363,503	2,258,207	2,300,835	2,303,256	2,143,454	2,245,709	2,178,074	2,212,183	2,193,987	2,118,549	2,274,927	2,177,557	2,152,735	2,138,193	2,057,105	1,978,863	1,997,909	1,912,742	1,892,751	1,847,197	1,876,574	1,873,860	1,865,135	1,941,921	1,994,642	1,914,474	1,702,678	1,697,260	1,712,351	1,690,758	1,649,561	1,634,665	1,633,065	1,536,141	1,528,966	1,553,057	1,586,823	1,576,032	1,629,003	1,631,742	1,694,328	1,637,409	1,609,299	1,613,827	1,665,694	1,646,113	1,657,504	1,681,745	1,711,582

Toppan Inc.

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