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Maruzen CHI Holdings (3159) · InitiativeWorsened

Profit improvement in the publishing business through cost reductions

First written in FY2020-Q1. 10 of 23 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-09-11.

23entries
8years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2020-Q2 – FY2023WorsenedFY2024-Q1 – FY2026-H12019: 320192020: 320202021: 120212022: 320222023: 420232024: 320242025: 220252026: 42026
Same theme, other companies
出版事業の経費削減による収益改善A theme 2 companies write about · 0 as a headwind · 2 as a tailwind

Maruzen CHI Holdings moved to the "Worse" side of this theme in 2023.

0 other companies' latest entry also says "Mitigated".

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
  1. FY2027-H1WorsenedAnnual report

    「During the six months ended 30 September, net sales decreased to ¥1,850 million, down 4.9% year on year, due to weak textbook sales and lower sales in fields related to children's books. Despite efforts to reduce costs and selling, general and administrative expenses, the company recorded an operating loss of ¥70 million, compared with an operating loss of ¥65 million in the same period of the previous year.」

    Despite efforts to reduce costs and selling, general and administrative expenses, the operating loss widened from ¥65 million in the previous year to ¥70 million due to lower textbook sales and other factors, indicating a deterioration in profit improvement.
  2. 2026-03-13MitigatedEarnings

    「On the earnings front, efforts to reduce the cost of sales and selling, general and administrative expenses resulted in an operating loss of ¥105 million, compared with an operating loss of ¥107 million in the previous year, essentially unchanged year on year.」

    The publishing business's operating loss narrowed from ¥107 million in the previous year to ¥105 million, indicating a slight reduction in the deterioration of profitability.
  3. FY2026-H1WorsenedAnnual report

    「During the six months ended 30 September, net sales decreased to ¥1,850 million, down 4.9% year on year, due to weak textbook sales and lower sales in fields related to children's books. Despite efforts to reduce costs and selling, general and administrative expenses, the company recorded an operating loss of ¥70 million, compared with an operating loss of ¥65 million in the same period of the previous year.」

    Despite efforts to reduce costs and selling, general and administrative expenses, the operating loss widened from ¥65 million in the previous year to ¥70 million due to lower textbook sales and other factors, deteriorating from the previous profit-improvement position.
  4. FY2025WorsenedAnnual report

    「During the fiscal year, net sales decreased to ¥3,641 million, down 5.9% from the previous fiscal year, due to lower textbook sales, delays in publishing new titles and the effects of higher costs. On the earnings side, the company recorded an operating loss of ¥107 million, compared with operating profit of ¥114 million in the previous fiscal year.」

    Although profit improvement had been demonstrated through the previous fiscal year through reductions in costs and selling, general and administrative expenses, operating profit deteriorated in the current fiscal year from a profit to a loss of ¥107 million due to delays in publishing new titles, lower textbook sales and higher costs.
  5. FY2025-H1WorsenedAnnual report

    「During the six months ended 30 September, net sales decreased to ¥1,945 million, down 5.9% year on year, due to delays in publishing new titles. On the earnings side, the company recorded an operating loss of ¥65 million, compared with operating profit of ¥34 million in the same period of the previous year.」

    Although profit improvement had been demonstrated through the previous fiscal year through reductions in costs and selling, general and administrative expenses, net sales declined during the six months ended 30 September due to delays in publishing new titles, and operating profit shifted from a profit to a loss of ¥65 million.
  6. FY2025-Q1WorsenedAnnual report

    「During the three months ended 30 June, net sales decreased to ¥979 million, down 10.5% year on year, due to factors including a decrease in the number of new titles published. Operating profit was an operating loss of ¥52 million, compared with operating profit of ¥39 million in the same period of the previous year.」

    The publishing business recorded lower net sales due to a decrease in the number of new titles published and other factors. Operating profit shifted from the ¥39 million profit in the previous year to an operating loss of ¥52 million. The profit improvement achieved through reductions in costs and selling, general and administrative expenses through the previous fiscal year was not maintained in the quarter.
  7. FY2024WorsenedAnnual report

    「During the fiscal year, net sales decreased to ¥3,868 million, down 6.1% from the previous fiscal year, and operating profit decreased to ¥114 million, down 56.8%, as the previous year had benefited from a popular title in the children's books field.」

    Profit improvement had continued through the previous fiscal year through reductions in costs and selling, general and administrative expenses, but in the current fiscal year net sales decreased 6.1% and operating profit decreased 56.8% due in part to the反動 from the previous year's popular children's book title.
  8. FY2024-Q3WorsenedAnnual report

    「During the third quarter of the current consolidated cumulative period, revenue fell 5.9% year on year to ¥2,873 million as delays in publishing new specialist titles reduced the number of new titles, while the previous year had included a popular children’s title. Higher costs also contributed to an operating loss of ¥49 million, compared with operating profit of ¥194 million in the same period of the previous year.」

    The publishing business recorded lower net sales due to delays in publishing new titles, while higher costs caused operating profit to deteriorate from a profit in the previous year to an operating loss of ¥49 million. The profit improvement achieved through reductions in costs and selling, general and administrative expenses through the previous fiscal year was not maintained in the quarter.
  9. FY2024-Q2WorsenedAnnual report

    「During the six months ended 30 September, net sales decreased to ¥2,067 million, down 4.1% year on year, as delays in publication reduced the number of new titles published. Operating profit also decreased to ¥34 million, down 85.5%, partly due to higher costs.」

    The publishing business recorded lower net sales due to delays in publishing new titles, while higher costs caused operating profit to decline 85.5% year on year. Performance of the profit-improvement measures deteriorated from the previous fiscal year, when profit improvement had continued through reductions in costs and selling, general and administrative expenses.
  10. FY2024-Q1WorsenedAnnual report

    「During the three months ended 30 June, net sales decreased to ¥1,094 million, down 8.3% year on year, due to delays in publishing new titles. Operating profit also decreased to ¥39 million, down 76.9%, partly due to higher costs.」

    The publishing business recorded lower net sales due to delays in publishing new titles, while operating profit decreased 76.9% year on year due to higher costs, deteriorating from the previous profit improvement achieved through expense reductions.
  11. FY2023AdvancedAnnual report

    「On the earnings side, operating profit increased to ¥265 million, up 7.1% from the previous fiscal year, as the children's books field performed well and costs and selling, general and administrative expenses were reduced.」

    Despite lower net sales due to delays in publishing specialist books, operating profit in the publishing business increased 7.1% due to solid performance in children's books and reductions in costs and selling, general and administrative expenses.
  12. FY2023-Q3AdvancedAnnual report

    「During the nine months ended 31 December, net sales decreased to ¥3,053 million, compared with ¥3,109 million in the same period of the previous year, due to delays in publishing new titles in the specialist books field. On the other hand, operating profit increased to ¥194 million, up 33.9% year on year, as the children's books field performed well and costs and selling, general and administrative expenses were reduced.」

    Despite lower net sales caused by delays in publishing new titles, operating profit in the publishing business increased 33.9% year on year due to reductions in costs and selling, general and administrative expenses and solid performance in children's books. Profit improvement through cost reductions has continued and progressed.
  13. FY2023-Q2AdvancedAnnual report

    「During the nine months ended 30 September, net sales decreased to ¥2,156 million, compared with ¥2,278 million in the same period of the previous year, due to delays in publishing new titles in the specialist books field. On the other hand, operating profit increased to ¥236 million, up 37.6% year on year, as the children's books field remained solid and costs and selling, general and administrative expenses were reduced.」

    The publishing business recorded lower net sales due to delays in publishing new titles, but operating profit increased 37.6% year on year due to solid performance in children's books and reductions in costs and selling, general and administrative expenses.
  14. FY2023-Q1AdvancedAnnual report

    「During the three months ended 30 June, net sales decreased to ¥1,193 million, compared with ¥1,233 million in the same period of the previous year, due to delays in publishing new titles. On the other hand, operating profit increased to ¥170 million, up 31.9% year on year, due to reductions in costs and selling, general and administrative expenses.」

    The publishing business recorded lower net sales due to delays in publishing new titles, but operating profit increased 31.9% year on year due to reductions in costs and selling, general and administrative expenses.
  15. FY2021AdvancedAnnual report

    「As a result, despite delays in the publication schedule and other effects from the spread of COVID-19, net sales for the fiscal year increased to ¥4,265 million, up 10.4% year on year. In addition, operating profit increased to ¥285 million, compared with ¥18 million in the previous year, as a result of efforts to reduce expenses.」

    The publishing business continued to reduce expenses. Despite the effects of publication schedule delays, net sales increased 10.4% and operating profit improved from ¥18 million to ¥285 million.
  16. FY2021-Q3AdvancedAnnual report

    「As a result, during the nine months ended 31 December, net sales increased to ¥3,023 million, up 6.7% year on year. In addition, operating profit increased to ¥119 million, compared with ¥9 million in the previous year, as a result of efforts to reduce expenses.」

    The publishing business continued to reduce expenses, with net sales up 6.7% and operating profit increasing from ¥9 million in the previous year to ¥119 million. Profit improvement through cost reductions progressed further from the second quarter.
  17. FY2021-Q2AdvancedAnnual report

    「During the nine months ended 30 September, net sales increased to ¥2,119 million, up 9.8% year on year, due to an increase in the number of children's books published. In addition, operating profit increased to ¥139 million, up 201.1%, as a result of efforts to reduce expenses.」

    The publishing business continued to reduce expenses, while an increase in the number of children's books published also contributed, resulting in a 9.8% increase in net sales and a 201.1% increase in operating profit.
  18. FY2020AdvancedAnnual report

    「During the fiscal year, net sales decreased to ¥3,864 million, down 10.1% year on year, but operating profit increased to ¥18 million, compared with ¥0 million in the previous year, representing a slight improvement year on year as a result of focusing on cost reductions.」

    The publishing business continued to reduce expenses, improving operating profit from ¥0 million in the previous year to ¥18 million despite a decline in net sales.
  19. FY2020-Q3AdvancedAnnual report

    「During the nine months ended 31 December, net sales decreased to ¥2,833 million, down 5.6% year on year, but operating profit increased to ¥9 million, compared with an operating loss of ¥1 million in the same period of the previous year, as a result of focusing on cost reductions.」

    The publishing business continued to reduce expenses. Despite a 5.6% decline in net sales, operating profit improved from the ¥1 million operating loss in the previous year to ¥9 million in operating profit.
  20. FY2020-Q2AdvancedAnnual report

    「During the nine months ended 30 September, net sales decreased to ¥1,929 million, down 10.6% year on year, but operating profit increased to ¥46 million, up 14.9%, as a result of focusing on cost reductions.」

    The publishing business continued to reduce expenses. Despite a 10.6% decline in net sales, operating profit increased 14.9% year on year.
  21. FY2020-Q1First statedAnnual report

    「During the first-quarter consolidated cumulative period under review, revenue fell 8.4% year on year to ¥1,033 million. However, efforts to reduce expenses resulted in operating profit of ¥66 million, up 54.8% year on year.」

    The publishing business identified specific cost-cutting measures, increasing operating profit by 54.8% year on year despite a decline in net sales.
Moved together

"Improving Bookstore Profitability Through Scrap and Build of the Store Network" moved the same way as this thread, in the same document, in 13 of its 23 moves.

13109655★123456
  1. ★This thread
  2. 1Improving Bookstore Profitability Through Scrap and Build of the Store Network13×
  3. 2Decline in publishing revenue and profit due to fewer new titles published10×
  4. 3Expansion in the Number of Libraries Managed Under Contract9×
  5. 4Providing valuable content and services in the education and academic sectors and expanding the business6×
  6. 5Impairment Losses Recognized on Store Equipment and Goodwill5×
  7. 6Declining investment appetite among major customers of the store fit-out industry5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Maruzen CHI Holdings yet. It last moved in the Financial results briefing materials of 2026-09-11: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Profit improvement in the publishing business through cost reductions | Maruzen CHI Holdings Co.,Ltd. (3159) | Komori