Nitten (2108) · InitiativeAdvanced
Exit from the Book Sales Business
First written in FY2025-H1. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Business Closure Due to Bookstore Business Sluggishness and WithdrawalA theme 2 companies write about · 2 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Advanced".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2025AdvancedAnnual report
「The Other business saw sales decline following the exit from the bookstore sales business, but operating profit exceeded the previous fiscal year due to lower freight transportation costs.」
Following the exit from the bookstore sales business, the Other business's operating profit increased to ¥185 million despite the impact of lower sales, due to lower freight transportation costs. - FY2025-H1First statedAnnual report
「Revenue from Other businesses fell 13.2% year on year to ¥498 million following the withdrawal from the book sales business, resulting in an operating loss of ¥120 million, compared with an operating loss of ¥113 million in the same period of the previous year.」
For the first time, explicitly identifies the exit from the book sales business as a factor behind the decline in sales in the Other business. Following the exit, the Other business reported lower sales and an operating loss.