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Toppan's 110-year Journey The global financial crash pushed Japan's industrial sector into a deep depression that also left the printing industry in dire straits.

1938 The Itabashi Plant is completed and starts operations in Shimura, Itabashi Ward, Tokyo (now 1 Shimura, Itabashi Ward, Tokyo).
Construction of the Itabashi Plant

The global financial crash originating in the New York stock market led the Japanese industrial sector into a serious depression.
However, Toppan survived this tough period with cost reductions and aggressive sales that resulted in the gradual expansion of our business. As the economy slowly recovered, printing houses that had collaborated to overcome the harsh conditions of the depression gradually came to compete with one another. As this was occurring, President Inoue conducted a survey of Japan's paper consumption in an effort to gauge the future potential of its printing industry. Results showed that paper consumption was much lower in Japan than in major developed countries, and that the production volume of printed matter was also low. He saw that Japan's printing industry was still developing and predicted a future expansion in demand.
Based on the assumption of an explosion in future printing demand, Toppan decided to build a new plant with a scale of facilities that could rival any other company and immediately began making plans for construction.
The new Itabashi Plant was designed with a total area of roughly 66,000 square meters. The plant building itself had 40,000 square meters and, with its Western-style garden and exercise facilities, was a modern facility that renewed the image of plants of that era.

The completed Itabashi Plant (1940) Interior of the Itabashi Plant at the time of startup

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