Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

Sustainability Report 2023 | Transition to a Holding Company Structure | The TOPPAN Group’s Purpose & Values | Direction for the TOPPAN Group | The TOPPAN Brand Message

Transition to a Holding Company Structure
In October 2023,
TOPPAN transitioned to a holding company structure.
We have established TOPPAN Inc., TOPPAN Edge Inc., and TOPPAN Digital Inc.
under the holding company, TOPPAN Holdings Inc.
We are aiming to create new value and shape a sustainable society bystrengthening governance, driving portfolio transformation, and maximizing
synergies across the entire Group.

TOPPAN Holdings Inc.

TOPPAN Inc.

04

TOPPAN
Edge Inc.

TOPPAN
Digital Inc.

Other TOPPANGroup operatingcompanies

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

Sustainability Report 2023 | Transition to a Holding Company Structure | The TOPPAN Group’s Purpose & Values | Direction for the TOPPAN Group | The TOPPAN Brand Message

Transition to a Holding Company
Structuretransformation (SX), and frontier business and further advanceIn April 2023, we established TOPPAN Edge Inc. by

the transformation of our portfolio.

As we launch this new management structure, we have

Objective

also clarified our Groupwide philosophy and vision bydefining the TOPPAN Group’s purpose. Moving forward, we

The main objective of adopting a holding company structure is

will give concrete form to synergies and expand Groupwide

to maximize Group synergies by strengthening governance.

initiatives.

TOPPAN Holdings Inc. will implement governance and reinforce

that we would start considering the reorganization of the Group.
integrating the former Toppan Inc.’s Security Subdivision withToppan Forms Co., Ltd.
In October 2023, we transitioned to a holding company
structure with TOPPAN Holdings Inc. as the holding company
responsible for unified management of operating companies
from the perspective of Groupwide optimization. In addition toTOPPAN Edge Inc., under the holding company we havecollaboration with each operating company, and we will
accelerate the generation of new value through cooperation andestablished TOPPAN Inc., which is centered on the core

Reorganization of the Groupco-creation. Combining the various resources, businesses, anddivisions of the former Toppan Inc., and TOPPAN Digital Inc.,

services of each company in the Group, we will expand in ourIn November 2021, we announced that our basic policy was towhich will lead efforts to drive the DX business across thegrowth fields of digital transformation (DX), sustainabletransition to a holding company structure in October 2023 and

TOPPAN Group.

Holding Company Structure

Roles of Each Company

1

1

TOPPAN Holdings Inc.

23
TOPPAN Inc.

Core divisionsof former
Toppan Inc.

Security Subdivisionof former
Toppan Inc.
+Former Toppan
Forms Co., Ltd.

2TOPPAN
Digital Inc.

DX Design
Division of former
Toppan Inc.

Established October 2023

Implementing unified management of the operatingcompanies from the perspective of Groupwide
optimization

4TOPPAN
Edge Inc.

TOPPAN Holdings Inc.

TOPPAN Inc.

Established October 2023

Taking over the core divisions of the former Toppan Inc.

Information & Communication / Living & Industry / Electronics

Other
TOPPAN Group
operatingcompanies

3

TOPPAN Edge Inc.

Established April 2023

Driving portfolio transformation in the information business
Security / BPO business

4

TOPPAN Digital Inc.

Established October 2023

Driving DX business strategy across the GroupDX business development / IT infrastructure and governance05

Sustainability Report 2023