Toyo Ink Group releases the first integrated report

The company to improve communication with stakeholders

292
Toyo Ink Group releasing the first integrated report
Toyo Ink Group releasing the first integrated report

Toyo Ink SC Holdings, the Tokyo-based parent company of the specialty chemicals manufacturing conglomerate Toyo Ink Group, has released the ‘Toyo Ink Group Integrated Report 2021,’ the first report of its kind for the company. Up to now, the Group has disclosed its financial information through securities reports, financial statements, fact books, and financial results briefings while issuing Corporate Social Responsibility (CSR) reports for highlighting its environmental and CSR-related initiatives. 

To help all stakeholders understand the Group, the company has now combined details on its management plans and business strategy, CSR and value creation initiatives, and other factors in an integrated report. The CSR Report and Fact Book will continue to be issued, although in a slightly altered format.

Toyo Ink shows correlations between financial and non-financial aspects

This transition reflects the company’s commitment to promoting corporate reporting that more clearly shows the correlations between the financial and non-financial aspects of the Group’s operations. To help achieve this end, the report’s content is based on the framework developed by the International Integrated Reporting Council (IIRC), the Global Reporting Initiative (GRI) guidelines, and the guidance for collaborative value creation of Japan’s Ministry of economy, trade and industry.

Kazuhito Nakano, managing director overseeing CSR initiatives of Toyo Ink SC Holdings
Kazuhito Nakano, managing director overseeing CSR initiatives of Toyo Ink SC Holdings

Kazuhito Nakano, company’s managing director overseeing CSR initiatives, remarked — “The shift to integrated reporting was a natural step in this, the first year of our new mid-term management plan called the Scientific Innovation Chain II. We hope the report helps provide a clearer picture of how the Group’s management strategy and business activities generate social value while sustainably driving our corporate value. Through the publication of such reports and proactive corporate disclosure, the Toyo Ink Group is committed to improving communication with all our stakeholders.”

 

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

Subscribe Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here