Decline in the profit margin of the library support business due to intensifying competition from other companies and rising personnel costs
First written in FY2017-Q1. 14 of 28 entries say "Restated". Latest entry: 2026-09-11.
Maruzen CHI Holdings moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- 2026-09-11MitigatedEarnings presentation
「人件費や光熱費等のコスト上昇が継続する中、増加した受託館の業績寄与に加え、業務の効率化により人件費上昇の影響を抑制し、収益を確保しました。」
人件費・光熱費等の上昇は継続しているが、受託館増加と業務効率化により、図書館サポート事業は増収増益となった。 - FY2027-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no occurrences of matters relating to the business and financial positions described in this interim report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year. There are also no material events or conditions to report.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2026-H1MaterialisedAnnual report
「As a result, revenue from this business increased 4.6% year on year to ¥19,508 million. However, higher costs, including personnel expenses, resulted in operating profit of ¥1,382 million, down 9.7% year on year.」
The number of libraries under contract and revenue increased, while higher costs, including personnel expenses, caused operating profit to fall 9.7% year on year, making the pressure on profit evident in results. - FY2025MaterialisedAnnual report
「As a result, revenue from this business increased 5.7% year on year to ¥37,682 million. However, higher costs, including personnel expenses, resulted in operating profit of ¥2,923 million, down 5.0% from the previous fiscal year, resulting in higher revenue but lower profit.」
In the Library Support business, higher costs, including personnel expenses, actually arose. Revenue increased, while operating profit fell 5.0% from the previous fiscal year. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2023MaterialisedAnnual report
「As a result, revenue from this business increased to ¥33,688 million from ¥31,744 million in the same period of the previous year. However, higher costs, including personnel expenses and utility costs, resulted in operating profit of ¥2,427 million, down 3.6% from the previous fiscal year.」
Higher costs, including personnel expenses and utility costs, actually arose, and the Library Support business posted higher revenue but lower operating profit. - FY2023-Q3MaterialisedAnnual report
「As a result, revenue from this business increased to ¥25,114 million from ¥23,720 million in the same period of the previous year. However, higher costs, including personnel expenses and utility costs, resulted in operating profit of ¥1,762 million, down 4.8% year on year.」
Higher costs, including personnel expenses, actually arose. Although revenue in the Library Support business increased, operating profit fell 4.8% year on year. The pressure on profit from rising personnel costs continued to be reflected in results. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2022-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2021-Q1MaterialisedAnnual report
「As a result, revenue from this business increased 6.6% year on year to ¥7,238 million. However, higher costs owing to rising personnel expenses resulted in operating profit of ¥575 million, down 4.1% year on year.」
Higher personnel costs actually increased costs, and while revenue increased, operating profit in the Library Support business fell 4.1% year on year. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
The filing states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. - FY2018RestatedAnnual report
「As a result, revenue from this business increased 10.3% year on year to ¥25,155 million. However, costs and SG&A expenses increased owing to preparation costs for newly contracted libraries and rising personnel costs, resulting in operating profit of ¥1,628 million, down 15.9% year on year.」
Preparation costs for newly contracted libraries and rising personnel costs increased expenses for the full fiscal year. Revenue rose, while operating profit fell 15.9% year on year. - FY2018-Q3RestatedAnnual report
「As a result, revenue from this business increased 9.9% year on year to ¥18,658 million. However, costs and SG&A expenses increased owing to preparation costs for newly contracted libraries and rising personnel costs, resulting in operating profit of ¥1,152 million, down 21.7% year on year.」
Preparation costs for newly contracted libraries and rising personnel costs continued to increase expenses. Revenue rose, while operating profit fell 21.7% year on year. - FY2018-Q2WorsenedAnnual report
「As a result, revenue from this business increased 9.2% year on year to ¥12,261 million. However, costs and SG&A expenses increased owing to preparation costs for newly contracted libraries and rising personnel costs, resulting in operating profit of ¥672 million, down 34.6% year on year.」
Preparation costs for newly contracted libraries and rising personnel costs increased expenses. Revenue rose 9.2%, while operating profit fell 34.6%. The decline in profitability widened from the 25.5% year-on-year drop in operating profit in the previous quarter. - FY2018-Q1MaterialisedAnnual report
「As a result, revenue from this business increased 10.3% year on year to ¥5,988 million. However, costs and SG&A expenses increased owing to preparation costs for newly contracted libraries and rising personnel costs, resulting in operating profit of ¥307 million, down 25.5% year on year.」
Preparation costs for newly contracted libraries and rising personnel costs increased costs and SG&A expenses. Consequently, revenue increased while operating profit fell 25.5% year on year. - FY2017WorsenedAnnual report
「As a result, revenue from this business increased 10.3% year on year to ¥22,801 million. However, declining gross margins owing to intensifying competition with other companies and rising personnel costs increased costs and SG&A expenses, resulting in operating profit of ¥1,935 million, down 8.9% year on year.」
Declining gross margins owing to intensifying competition and rising personnel costs continued, and while revenue increased 10.3%, operating profit fell 8.9%. - FY2017-Q3MaterialisedAnnual report
「As a result, revenue from this business increased 10.3% year on year to ¥16,985 million. However, declining gross margins owing to intensifying competition with other companies and rising personnel costs increased costs and SG&A expenses, resulting in operating profit of ¥1,472 million, down 1.5% year on year.」
Lower gross margins owing to intensifying competition and rising personnel costs continued to increase costs and SG&A expenses, resulting in lower operating profit in the cumulative period under review. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
The risk disclosure states that there has been no material change in the decline in margins in the Library Support business owing to intensifying competition and rising personnel costs. Although revenue and operating profit in the business increased year on year in the current quarter, the company does not explicitly attribute this to a reduction in competition or personnel-cost risks. - FY2017-Q1MaterialisedAnnual report
「Higher costs and SG&A expenses, owing to declining margins amid intensifying competition with other companies and rising personnel costs, resulted in operating profit of ¥412 million, down 7.8% year on year.」
The filing states that intensifying competition and rising personnel costs led to lower margins and lower operating profit through higher costs and SG&A expenses.