Toppan Next
The future-focused high-growth arm of TOPPAN Holdings, delivering trusted solutions across regulated communications, global security, intelligent systems, and print media.
Last updated September 27, 2026
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Overview
TOPPAN NEXT Group is the future-focused high-growth arm of TOPPAN Holdings (TYO:7911), a Fortune Global 500 leader in communication solutions. Headquartered in Singapore, the group operates as a diversified multinational with roughly 10,000 employees across 100 locations. It moves, in its own words, "with the speed of a startup and the scale of a multinational" to create trusted solutions for the world's most sensitive digital and physical ecosystems. The group is organized around four focus areas. Regulated Communications simplifies financial communications and compliance for businesses, with portfolio companies including TOPPAN Merrill, TOPPAN Nexus, and TOPPAN Digital Language. Global Security safeguards digital and physical identity and payment credentials through end-to-end secure solutions, anchored by TOPPAN Security. Intelligent Systems equips organizations with advanced capabilities such as robotics and AI for integrated mobility, secure access, and digital government, through companies including TOPPAN Next Tech and TOPPAN Ecquaria. Print Media creates lasting sensorial experiences with marketing, print, and packaging solutions, through companies such as TOPPAN Next Advertising and TOPPAN Leefung. TOPPAN NEXT has been led by President & CEO Chee Tong Yeo since 1998. Under his leadership the company expanded from a niche manufacturer in Singapore into a diversified multinational, achieving a group-level compound annual growth rate of 13% over 25 years and a combined annual revenue of US$1 billion. The group invests in people and technology, follows a people-over-process philosophy, and pursues what it calls "Return on Innovation" by backing entrepreneurs and disruptive technologies. It has identified expansion priorities in Africa, Central Asia, and Latin America, and maintains a presence in cities including Hong Kong, New York, London, and Dubai.
History
TOPPAN NEXT traces its origins to a Singapore printer, as recounted in the group's own "history of innovation" narrative. The modern company took shape under the leadership of Chee Tong Yeo, who became President & CEO in 1998. Over the following 25 years, Yeo assembled specialist teams and expanded the business from a niche manufacturer in Singapore into a diversified multinational with a long-term vision centered on employee engagement, customer centricity, and technology leadership. During this period the group achieved a compound annual growth rate of 13% and a combined annual revenue of US$1 billion. A defining feature of the group's development has been its willingness to branch out from core competencies. Its flat structure empowers managing directors to act entrepreneurially and make quick decisions, which the company credits for driving innovation and profitable growth. This approach led to the assembly of a portfolio of companies across four focus areas: Regulated Communications, Global Security, Intelligent Systems, and Print Media. In Regulated Communications, TOPPAN Merrill brought more than 55 years of heritage as an industry leader in compliant communications, and under TOPPAN NEXT's ownership has continued to invest in innovative technologies. Other portfolio companies in this area include TOPPAN Nexus and TOPPAN Digital Language. In Global Security, TOPPAN Security safeguards citizen identity and payment credentials through end-to-end secure solutions. In Intelligent Systems, TOPPAN Next Tech and TOPPAN Ecquaria advance integrated mobility, secure access, and digital government solutions with robotics and AI. In Print Media, TOPPAN Next Advertising, TOPPAN Leefung, and others deliver advertising, print, and packaging solutions. As part of TOPPAN Holdings, a Fortune Global 500 leader in communication solutions listed on the Tokyo Stock Exchange (TYO:7911), TOPPAN NEXT operates with the scale and backing of a large multinational while maintaining the agility of a startup. The group is headquartered in Singapore and has roughly 10,000 employees across 100 locations, with teams in Hong Kong, New York, London, Dubai, and beyond. In recent years, the group has focused on collaboration and talent development. After the pandemic it reinstated a group-wide management retreat held every two years, and it identified 20 future leaders to participate. It emphasizes personal mentorships to inspire young talent. The group also invests heavily in technology and is committed to expanding into markets new to it, especially Africa, Central Asia, and Latin America, where it plans to partner with local players to establish new hubs of excellence.
- 1998
Chee Tong Yeo becomes President & CEO of TOPPAN NEXT.
TOPPAN NEXT grows from a niche Singapore manufacturer into a diversified multinational, achieving a 13% group-level CAGR over 25 years and US$1 billion in combined annual revenue.
TOPPAN Merrill, part of the Regulated Communications portfolio, builds on more than 55 years of heritage as an industry leader in compliant communications.
Post-pandemic, the group reinstates its biennial group-wide management retreat and identifies 20 future leaders to participate.
Products and positioning
Future-focused high-growth arm of TOPPAN Holdings, combining startup speed with multinational scale to deliver trusted solutions for sensitive digital and physical ecosystems.
TOPPAN Merrill
Compliant communications and financial communications solutions with 55+ years of heritage.
TOPPAN Nexus
Part of the Regulated Communications portfolio.
TOPPAN Digital Language
Part of the Regulated Communications portfolio.
TOPPAN Security
Safeguards digital and physical identity and payment credentials with end-to-end secure solutions.
TOPPAN Next Tech
Part of the Intelligent Systems portfolio, advancing robotics and AI capabilities.
TOPPAN Ecquaria
Part of the Intelligent Systems portfolio, focused on digital government solutions.
TOPPAN Next Advertising
Part of the Print Media portfolio, delivering marketing solutions.
TOPPAN Leefung
Part of the Print Media portfolio, delivering print and packaging solutions.
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