Declining University Book Sales and Completed Education and Research Facility Projects
First written in FY2018-Q2. 9 of 29 entries say "Mitigated", first in FY2019-Q2. Latest entry: 2026-09-11.
Maruzen CHI Holdings moved to the "Worse" side of this theme in 2019, 6 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 3 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- 2026-09-11MitigatedResults presentation
「一方、教育・研究機関や図書館等の設計・施工については、学修環境改善などを背景とした設備投資需要が堅調に推移するとともに、案件の収益性も改善しました。」
教育・研究施設や図書館等の設計・施工需要と案件収益性が改善し、文教市場販売事業は減収ながら増益となった。 - FY2027-H1Higher-margin design and construction projects increase alongside declining book salesAnnual report
「During the interim consolidated accounting period, book sales in the university market, including textbooks, declined, resulting in a 1.1% year-on-year decrease in revenue to ¥26,345 million. Operating profit, however, increased 11.7% to ¥2,182 million, supported by lower selling, general and administrative expenses and the completion of relatively high-margin design and construction projects for educational and research facilities and libraries.」
While the decline in sales of textbooks and other books in the university market continued, operating profit increased 11.7% due to completions of relatively high-margin design and construction projects and lower selling, general and administrative expenses. - FY2026-H1MitigatedAnnual report
「For the six-month interim consolidated accounting period, design and construction of educational and research facilities and libraries increased from the previous year, but lower sales of textbooks and other books resulted in revenue declining 2.8% year on year to ¥25,994 million and operating profit declining 12.8% to ¥1,824 million.」
Design and construction of educational and research facilities, libraries and other facilities, which had been a factor behind the decline through the previous fiscal year, increased from the previous year. The decline in sales of textbooks and other books continued. - FY2025MitigatedAnnual report
「For the fiscal year, lower sales of textbooks and other books were more than offset by an increase in completed large-scale design and construction projects for educational and research facilities and libraries. Revenue increased 0.7% year on year to ¥46,819 million, and operating profit increased 0.6% to ¥3,250 million.」
For design and construction projects involving educational and research facilities, libraries and other facilities, which had been a factor behind the decline through the previous fiscal year, completions of large projects increased, resulting in higher revenue and profit in the Educational Market Sales business. - FY2025-H1RestatedAnnual report
「For the six-month interim consolidated accounting period, design and construction of educational and research facilities and libraries increased from the previous year, but lower sales of textbooks and other books resulted in revenue declining 2.8% year on year to ¥25,994 million and operating profit declining 12.8% to ¥1,824 million.」
Although design and construction increased, the pattern of lower revenue and profit in the Educational Market Sales business due to declining sales of textbooks and other books has continued. - FY2025-Q1Design and construction increased, but lower textbook sales resulted in lower revenue and profitAnnual report
「During the three months ended 30 June, design and construction of educational and research facilities and libraries increased from the previous year, but lower sales of textbooks and other books resulted in revenue declining 4.6% year on year to ¥16,133 million and operating profit declining 8.8% to ¥1,787 million.」
While design and construction of educational and research facilities, libraries and other facilities, which had been a factor behind the decline through the previous fiscal year, increased from the previous year, the decline in sales of textbooks and other books continued, resulting in lower revenue and profit for the Educational Market Sales business overall. - FY2024WorsenedAnnual report
「For the fiscal year, sales of books and other products to public libraries remained solid, but lower sales of textbooks and other books in the university market and fewer completed design and construction projects for educational and research facilities and libraries resulted in revenue declining 3.1% year on year to ¥46,477 million and operating profit declining 2.5% to ¥3,230 million.」
The decline in sales of textbooks and other books in the university market and in completions of design and construction work for educational and research facilities and libraries continued for the full fiscal year, resulting in lower revenue and profit in the Educational Market Sales business. - FY2024-Q3WorsenedAnnual report
「During the first nine months of the current consolidated fiscal year, sales of books and other products to public libraries remained firm. However, in the university market, sales of textbooks and other books declined, as did completions of design and construction work for educational and research facilities and libraries. Revenue declined 3.0% year on year to ¥36,714 million and operating profit declined 0.4% to ¥2,309 million, resulting in lower revenue and profit.」
In addition to lower sales of textbooks and other books in the university market, completions of design and construction work for educational and research facilities and libraries also declined, resulting in a 3.0% decline in revenue and a 0.4% decline in operating profit. The factors behind the decline have broadened again from the partial improvement in the previous quarter, including an increase in design and construction work. - FY2024-Q1Design and construction increased, but university book sales declinedAnnual report
「During the first quarter of the current consolidated fiscal year, sales of books and other products to public libraries and design and construction work for educational and research facilities and libraries increased from the previous year. However, the impact of lower sales of textbooks and other books in the university market resulted in revenue of ¥16,910 million, down 0.01% year on year and essentially unchanged from the previous year.」
While design and construction of educational and research facilities, libraries and other facilities, which had been a factor behind the decline through the previous fiscal year, increased from the previous year, sales of textbooks and other books in the university market declined, leaving some risk factors improved and others continuing. - FY2023WorsenedAnnual report
「For the fiscal year, the prolonged COVID-19 pandemic reduced the completion of large-scale and other projects involving the design and construction of educational and research facilities and libraries. Lower sales of books and other products in the university market and to public libraries, together with the impact of applying the revenue recognition accounting standard and other standards, resulted in revenue of ¥47,976 million, compared with ¥56,519 million in the previous year, and operating profit of ¥3,313 million, down 10.6% year on year.」
In addition to fewer completions of large projects, the decline in book sales to universities and public libraries continued for the full fiscal year, resulting in declines in both revenue and operating profit in the Educational Market Sales business. - FY2023-Q2WorsenedAnnual report
「During the six months ended 30 September, fewer completed large-scale projects involving the design and construction of educational and research facilities and libraries, lower book sales in the university market and to public libraries, and the impact of applying the revenue recognition accounting standard and other standards resulted in revenue of ¥27,095 million, compared with ¥32,275 million in the previous year, and operating profit of ¥1,893 million, down 21.2% year on year.」
In addition to fewer completions of large projects, book sales in the university market and to public libraries also declined, leaving both revenue and operating profit in the Educational Market Sales business below the same period of the previous year. - FY2023-Q1WorsenedAnnual report
「During the three months ended 30 June, fewer completed large-scale projects involving the design and construction of educational and research facilities and libraries, lower demand for book-sanitation machines, which had expanded amid the COVID-19 pandemic, and the impact of applying the revenue recognition accounting standard and other standards resulted in revenue of ¥16,911 million, compared with ¥21,060 million in the previous year, and operating profit of ¥1,843 million, down 20.8% year on year.」
Fewer completions of large projects and a contraction in demand for book sterilizers resulted in revenue of ¥16,911 million for the Educational Market Sales business, with operating profit down 20.8% year on year. - FY2022MitigatedAnnual report
「For the current consolidated fiscal year, sales of electronic libraries for public libraries and electronic books for universities, for which demand had expanded from the second half of the previous fiscal year amid the COVID-19 pandemic, remained firm. Revenue was ¥56,519 million, up 0.1% from the previous fiscal year, essentially holding at the previous fiscal year's level.」
Despite the continuing risk of declines in conventional book sales to universities and education-related projects, demand for electronic libraries for public libraries and electronic books for universities resulted in a slight full-year increase in revenue for the Educational Market Sales business. - FY2022-Q3MitigatedAnnual report
「During the nine months ended 31 December, sales of electronic libraries, for which demand had expanded from the second half of the previous year amid the COVID-19 pandemic, remained solid. Revenue was ¥43,997 million, up 0.4% year on year and broadly in line with the previous year. In addition, efforts to reduce selling, general and administrative expenses resulted in operating profit increasing 21.9% to ¥2,759 million.」
Despite the risk of declines in university and education-related projects, the Educational Market Sales business recorded higher revenue and profit due to firm demand for electronic libraries and lower selling, general and administrative expenses, and the impact of the previous decline in projects weakened during the quarter. - FY2022-Q1MitigatedAnnual report
「During the first quarter of the current consolidated fiscal year, demand for electronic books, electronic libraries and book sterilizers remained firm from the previous year amid the COVID-19 pandemic. In addition, textbook sales, which had been postponed until May and later in the previous year because of the spread of COVID-19, were conducted in the first quarter of the current fiscal year. As a result, revenue increased 23.4% year on year to ¥21,060 million and operating profit increased 80.4% to ¥2,326 million, resulting in higher revenue and profit.」
Textbook sales postponed from the previous year were conducted in the first quarter of the current fiscal year, while demand for electronic books and electronic libraries remained firm. As a result, the Educational Market Sales business recorded a 23.4% increase in revenue and an 80.4% increase in operating profit. The impact of declines in sales to universities and education-related projects weakened during the quarter. - FY2021Higher revenue and profit from electronic products despite lower university-related revenueAnnual report
「Sales of books to universities and sales at university bookstores declined. However, amid the COVID-19 pandemic, demand for electronic books and electronic libraries increased, and sales grew for electronic books and electronic libraries, whose content enhancement and wider sales the company had focused on for some time in response to the expansion of online university classes. Demand also expanded for book sterilizers, which had been sold as hygiene-management tools for libraries. As a result, revenue increased to ¥56,487 million, up 0.3% year on year, and operating profit increased to ¥2,998 million, up 4.2% year on year.」
While book sales to universities and sales at university bookstores declined due to university closures and other factors, the overall Educational Market Sales business recorded higher revenue and profit as demand expanded for electronic books, electronic libraries and book sterilizers. - FY2021-Q2Revenue continued to decline, but profit increasedAnnual report
「During the six months ended 30 September, most universities closed following the declaration of a state of emergency due to the spread of COVID-19. University stores were closed or operated for shorter hours, and visiting sales activities were curtailed. As a result, revenue declined 2.2% year on year to ¥30,400 million. However, sales of relatively high-margin products increased, and efforts to control costs and expenses resulted in operating profit increasing 2.4% to ¥1,687 million.」
Sales in the Educational Market Sales business, including sales to universities, declined 2.2% due to university closures and other factors. However, operating profit increased 2.4% as sales of higher-margin products increased and costs and expenses were controlled, with lower revenue and higher profit occurring together. - FY2021-Q1WorsenedAnnual report
「During the three months ended 30 June, the declaration of a state of emergency due to the spread of COVID-19 resulted in most universities closing, delaying textbook sales and reducing book sales. Construction projects for universities and educational institutions were also delayed or cancelled. As a result, revenue declined 10.2% year on year to ¥17,071 million, and operating profit declined 25.7% to ¥1,289 million.」
In addition to lower book sales resulting from university closures, delays and cancellations occurred in construction projects for universities and educational institutions, resulting in a 10.2% decline in revenue and a 25.7% decline in operating profit in the Educational Market Sales business. - FY2020RestatedAnnual report
「For the fiscal year, lower completion of large-scale projects involving new faculties at universities and educational institutions, including educational and research facilities and libraries, and lower book sales resulted in revenue of ¥56,345 million, down 5.0% year on year, and operating profit of ¥2,876 million, down 11.2%, representing lower revenue and profit.」
In addition to fewer completions of large projects, the decline in book sales continued for the full fiscal year and was reflected in declines in revenue and operating profit in the Educational Market Sales business. - FY2020-Q3WorsenedAnnual report
「During the nine months ended 31 December, lower completion of large-scale projects involving new faculties at universities and educational institutions, including educational and research facilities and libraries, and lower book sales resulted in revenue of ¥44,221 million, down 7.0% year on year, and operating profit of ¥2,165 million, down 20.8%, representing lower revenue and profit.」
In addition to fewer completions of large projects, a decline in book sales was also noted, and the impact continued, reflected in a 7.0% decline in revenue and a 20.8% decline in operating profit in the Educational Market Sales business. - FY2020-Q2WorsenedAnnual report
「During the six months ended 30 September, lower completion of large-scale projects involving new faculties at universities and educational institutions, including educational and research facilities and libraries, and lower book sales resulted in revenue declining 10.9% year on year to ¥31,084 million. Operating profit also declined 34.7% to ¥1,648 million.」
The decline in completions of large projects, whose impact had temporarily weakened in the previous fiscal year, continued to recur and was reflected in the results as a 10.9% decline in revenue and a 34.7% decline in operating profit in the Educational Market Sales business. - FY2020-Q1MaterialisedAnnual report
「During the three months ended 30 June, fewer completed large-scale projects in the design and construction business for educational and research facilities and libraries resulted in revenue declining 13.6% year on year to ¥19,016 million, while operating profit declined 28.9% to ¥1,735 million.」
The decline in completions of large projects, whose impact had weakened in the previous fiscal year, recurred and was reflected in the results as declines in revenue and operating profit in the Educational Market Sales business. - FY2019-Q3RestatedAnnual report
「During the nine months ended 31 December, an increase in completed large-scale projects associated with the establishment of new faculties and other initiatives in the design and construction of educational and research facilities and libraries resulted in revenue of ¥47,551 million, up 0.5% year on year, and operating profit of ¥2,733 million, up 15.0%, representing higher revenue and profit.」
For design and construction projects involving educational and research facilities, libraries and other facilities, which had been cited as a factor behind the decline through the previous fiscal year, the continued increase in large-project completions and higher revenue and profit have been noted, and the reduced impact of fewer project completions has continued. - FY2019-Q2MitigatedAnnual report
「During the six months ended 30 September, an increase in completed large-scale projects associated with the establishment of new faculties and other initiatives in the design and construction of educational and research facilities and libraries resulted in revenue of ¥34,871 million, up 1.9% year on year, and operating profit of ¥2,523 million, up 19.8%, representing higher revenue and profit.」
For design and construction projects involving educational and research facilities, libraries and other facilities, which had been cited as a factor behind the decline through the previous fiscal year, completions of large projects associated with the establishment of faculties and other developments increased. The Educational Market Sales business recorded increases in both revenue and operating profit, and the impact of fewer project completions is weakening. - FY2018RestatedAnnual report
「For the current consolidated fiscal year, sales of library equipment and electronic books increased, but lower book sales to public libraries and universities resulted in a slight decrease in revenue to ¥60,655 million, down 0.7% year on year.」
Lower book sales to public libraries and universities remained a factor behind the full-year revenue decline in the education and cultural market sales business. Operating income, however, increased because of reductions in the cost of sales and selling, general and administrative expenses. - FY2018-Q3MaterialisedAnnual report
「Sales of books to public libraries performed steadily, but fewer completed design and construction projects for universities, educational and research facilities, and libraries resulted in revenue of ¥47,303 million, down 1.9% year on year, and operating income of ¥2,377 million, down 3.7%.」
The decline in completed design and construction projects for universities, educational and research facilities, and libraries continued, affecting the education and cultural market sales business through revenue down 1.9% and operating income down 3.7%. - FY2018-Q2First statedAnnual report
「Sales of books to public libraries performed steadily, but fewer completed design and construction projects for universities, educational and research facilities, and libraries resulted in revenue of ¥34,210 million, down 1.7% year on year.」
The disclosure identifies fewer completed design and construction projects for universities, educational and research facilities, libraries and other customers, as well as lower university book sales, as factors behind the 1.7% decline in revenue in the education and cultural market sales business.