Asahi Printing picks up sales of printing packaging materials for the cosmetics market

 Asahi Printing Co., Ltd. (Ichibanmachi, Toyama City / President: Shigenori Asahi), which handles cosmetic packages, announced on August 10th, "Financial Results for the First Quarter of the Fiscal Year Ending March 2022" from April 1, 2021. Announced consolidated financial results up to June 30.

The main results are sales of 9,424 million yen (down 12.7% year-on-year), operating income of 535 million yen (down 26.6% year-on-year), and ordinary income of 614 million yen (down 24.8% year-on-year). , Quarterly net profit was 402 million yen (down 24.4% year-on-year).

In terms of results by sector, products for the cosmetics market in the “printing packaging materials business” exceeded the same period of the previous year. This was due to the fact that although it struggled in the previous fiscal year due to refraining from going out and working from home, it exceeded the same period of the previous year due to the expansion of cross-border EC support by cosmetics manufacturers and the return of domestic production.

However, in this business as well, sales of medical products and OTC products fell below the same period of the previous year due to behavioral changes such as refraining from going out, wearing masks, and washing hands as measures against new coronavirus infections.

In addition, sluggish sales in the "packaging system sales business" and "dispatching business" were the cause of the year-on-year decline in each performance.

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