Declining profitability of rental and book sales
First written in FY2016. 14 of 39 entries say "Worsened", first in FY2019-Q3. Latest entry: 2026-10-30.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「In the TSUTAYA business, we expanded the product lineup of books, stationery, cosmetics and other miscellaneous goods and focused on sales. Although same-store sales increased, total sales remained sluggish for the fiscal year, partly due to the closure of 2 stores. As a result, sales were ¥1,362 million, down 7.1% from the previous fiscal year, and the segment loss (operating loss) was ¥29 million, compared with a segment loss (operating loss) of ¥85 million in the previous fiscal year.」
Although the closure of 2 stores reduced sales, the segment loss narrowed from ¥85 million in the previous fiscal year to ¥29 million. - 2026-05-08MitigatedEarnings
「売上高は低調に推移致しました。この結果、当事業年度の業績は、売上高1,362百万円（前事業年度比7.1％減）、セグメント損失（営業損失）は29百万円（前事業年度は85百万円のセグメント損失（営業損失））となっております。」
TSUTAYAの売上高は減少した一方、セグメント損失は85百万円から29百万円へ縮小している。 - FY2026-H1Sales remained sluggish, but the loss narrowedAnnual report
「In the TSUTAYA business, we expanded the product lineup of books, stationery, cosmetics and other miscellaneous goods and focused on sales, but sales remained sluggish during the interim accounting period, partly due to the closure of 2 stores. As a result, sales were ¥619 million, down 16.9% year on year, and the segment loss (operating loss) was ¥28 million, compared with a segment loss (operating loss) of ¥38 million in the same period of the previous year.」
Although sales fell 16.9% year on year due to weak sales and the closure of 2 stores, the segment loss narrowed from ¥38 million in the same period of the previous year to ¥28 million. - FY2025WorsenedAnnual report
「As a result, for the fiscal year, sales were ¥1,466 million, down 13.7% from the previous fiscal year, and the segment loss (operating loss) was ¥85 million, compared with a segment loss (operating loss) of ¥76 million in the previous fiscal year.」
TSUTAYA's sales fell 13.7%, partly due to the closure of 2 stores, and the segment loss widened from ¥76 million to ¥85 million. - FY2025-H1Sales remained sluggish, while the loss was unchangedAnnual report
「In the TSUTAYA business, we expanded the product lineup of books, stationery, cosmetics and other miscellaneous goods and focused on sales, but sales remained sluggish during the interim accounting period, partly due to the closure of 1 store in August 2023. As a result, sales were ¥744 million, down 11.6% year on year, and the segment loss (operating loss) was ¥38 million, unchanged from the ¥38 million segment loss (operating loss) in the same period of the previous year.」
Although we focused on sales of books, stationery, cosmetics and other products, sales remained sluggish, down 11.6% year on year, and the segment loss was unchanged at ¥38 million. - FY2024Sales remained sluggish, but the full-year loss narrowedAnnual report
「In the TSUTAYA business, we focused on book sales, but sales remained sluggish for the fiscal year due to weak sales amid changes in consumer behavior and the closure in August 2023 of the TSUTAYA Yamatomachi store in Wakabayashi Ward, Sendai, Miyagi Prefecture. As a result, sales were ¥1,700 million, down 19.6% from the previous fiscal year, and the segment loss (operating loss) was ¥76 million, compared with a segment loss (operating loss) of ¥102 million in the previous fiscal year.」
Although changes in consumer behavior and the store closure caused sales to fall 19.6% and weak sales continued, the segment loss narrowed from ¥102 million in the previous fiscal year to ¥76 million. - FY2024-Q3Sales remained sluggish, while the loss narrowed year on yearAnnual report
「In the TSUTAYA business, sales remained sluggish during the cumulative third quarter due to weak sales amid changes in consumer behavior and the closure in August 2023 of the TSUTAYA Yamatomachi store in Wakabayashi Ward, Sendai, Miyagi Prefecture. As a result, sales were ¥1,279 million, down 19.4% year on year, and the segment loss (operating loss) was ¥57 million, compared with a segment loss (operating loss) of ¥78 million in the same period of the previous year.」
Although changes in consumer behavior and store closures continued to depress sales, which fell 19.4% year on year, the segment loss narrowed from ¥78 million in the same period of the previous year to ¥57 million. - FY2024-Q2Sales remained sluggish and stores continued to close, but the loss narrowedAnnual report
「In the TSUTAYA business, sales remained sluggish during the cumulative second quarter due to weak sales amid changes in consumer behavior and the closure in August 2023 of the TSUTAYA Yamatomachi store in Wakabayashi Ward, Sendai, Miyagi Prefecture. As a result, sales were ¥843 million, down 16.5% year on year, and the segment loss (operating loss) was ¥38 million, compared with a segment loss (operating loss) of ¥53 million in the same period of the previous year.」
Although changes in consumer behavior and store closures caused sales to fall 16.5% year on year, the segment loss narrowed from ¥53 million in the same period of the previous year to ¥38 million. - FY2024-Q1Sales remained sluggish, but the loss narrowedAnnual report
「In the TSUTAYA business, sales remained sluggish during the cumulative first quarter due to weak DVD rental and sales, as well as reduced operating hours associated with a review of the operating structure. As a result, sales were ¥433 million, down 10.4% year on year, and the segment loss (operating loss) was ¥20 million, compared with a segment loss (operating loss) of ¥31 million in the same period of the previous year.」
Although weak DVD rental and sales and reduced operating hours continued, the segment loss narrowed from ¥31 million in the same period of the previous year to ¥20 million. - FY2023WorsenedAnnual report
「In the TSUTAYA business, games had been showing signs of recovery since July, but cumulative performance from April remained weak, and the rental division also remained sluggish. Although comic rentals were introduced at all stores and new products such as cosmetics and other miscellaneous goods were added to improve and increase the gross margin, performance remained sluggish, partly because no core titles, mainly books, were released. As a result, for the fiscal year, sales were ¥2,116 million, down 4.2% from the previous fiscal year, and the segment loss (operating loss) was ¥102 million, compared with a segment loss (operating loss) of ¥79 million in the previous fiscal year.」
Although comic rentals were introduced and new miscellaneous goods were added, sales fell 4.2% and the segment loss widened from ¥79 million to ¥102 million. - FY2023-Q3WorsenedAnnual report
「In the TSUTAYA business, games had been showing signs of recovery since July, but cumulative performance from April remained weak, and the rental division also remained sluggish. Although we sought to improve the gross margin by increasing the repeat rate among comic-rental customers, performance remained sluggish during the cumulative third quarter, partly because no core titles, mainly books, were released. As a result, sales were ¥1,587 million, down 3.8% year on year, and the segment loss (operating loss) was ¥78 million, compared with a segment loss (operating loss) of ¥56 million in the same period of the previous year.」
Although efforts to improve the gross margin through comic rentals continued, sluggish rentals and a shortage of major titles caused sales to fall 3.8% year on year and the segment loss to widen from ¥56 million to ¥78 million. - FY2023-Q2WorsenedAnnual report
「In the TSUTAYA business, games had been showing signs of recovery since July, but the cumulative performance was weak, and the rental division also remained sluggish. Although we sought to improve the gross margin by increasing the repeat rate among comic-rental customers, performance remained sluggish during the cumulative second quarter, partly because no core titles, mainly books, were released. As a result, sales were ¥1,009 million, down 6.1% year on year, and the segment loss (operating loss) was ¥53 million, compared with a segment loss (operating loss) of ¥43 million in the same period of the previous year.」
Although games showed signs of recovery, sluggish rentals and a shortage of major titles caused sales to fall 6.1% year on year and the segment loss to widen from ¥43 million to ¥53 million. - FY2023-Q1WorsenedAnnual report
「In the TSUTAYA business, we introduced comic rentals to improve the gross margin, but performance remained sluggish during the cumulative first quarter, partly because no core titles, mainly books, were released. As a result, sales were ¥484 million, down 11.7% year on year, and the segment loss (operating loss) was ¥31 million, compared with a segment loss (operating loss) of ¥19 million in the same period of the previous year.」
Although comic rentals were introduced to improve the gross margin, sales fell 11.7% year on year and the segment loss widened to ¥31 million due to a shortage of major titles. - FY2022-Q3WorsenedAnnual report
「In the TSUTAYA business, demand for games, books and other products declined due to the reversal of the increase in demand from staying at home and the payment of special fixed benefits in the same period of the previous year, as well as reduced operating hours following requests to shorten business hours. Performance was sluggish during the cumulative third quarter. As a result, sales were ¥1,649 million, down 10.6% year on year, and the segment loss (operating loss) was ¥56 million, compared with segment profit (operating profit) of ¥21 million in the same period of the previous year.」
The reversal of demand from staying at home and benefit payments, together with reduced operating hours, caused TSUTAYA's sales to fall 10.6% and earnings to deteriorate from a ¥21 million profit in the same period of the previous year to a ¥56 million loss. - FY2022-Q2WorsenedAnnual report
「In the TSUTAYA business, demand for games, books and other products declined due to the reversal of the increase in demand from staying at home and the payment of special fixed benefits in the same period of the previous year, as well as reduced operating hours following requests to shorten business hours. Performance was sluggish during the cumulative second quarter. As a result, sales were ¥1,075 million, down 11.9% year on year, and the segment loss (operating loss) was ¥43 million, compared with segment profit (operating profit) of ¥16 million in the same period of the previous year.」
The reversal of demand from staying at home and benefit payments, together with reduced operating hours, caused TSUTAYA's sales to fall 11.9% and earnings to deteriorate from a ¥16 million profit in the same period of the previous year to a ¥43 million loss. - FY2022-Q1WorsenedAnnual report
「In the TSUTAYA business, demand for games, books and other products declined due to the impact of the reversal of the increase in demand for staying at home and the payment of special fixed benefits in the same period of the previous year, resulting in sluggish performance during the cumulative first quarter. As a result, sales were ¥548 million, down 12.2% year on year, and the segment loss (operating loss) was ¥19 million, compared with segment profit (operating profit) of ¥16 million in the same period of the previous year.」
Following the reversal of the previous year's increase in demand from staying at home and special fixed benefits, TSUTAYA's sales fell 12.2% and earnings deteriorated from a ¥16 million profit in the same period of the previous year to a ¥19 million loss. - FY2021MitigatedAnnual report
「As a result, for the fiscal year, sales were ¥2,463 million, up 12.7% from the previous fiscal year, and segment profit (operating profit) was ¥8 million, compared with a segment loss (operating loss) of ¥13 million in the previous fiscal year.」
Demand for books, games and other products lifted TSUTAYA's sales 12.7%, and earnings improved from a ¥13 million loss in the previous fiscal year to a ¥8 million profit. - FY2021-Q3MitigatedAnnual report
「In the TSUTAYA business, demand for books and games increased as people refrained from going out amid the spread of COVID-19. Game demand also increased following the payment of special fixed benefits after the state of emergency was lifted. In addition, the release of the new PlayStation 5 game console and sales of the Demon Slayer: Kimetsu no Yaiba comic contributed to strong performance during the cumulative third quarter. As a result, for the cumulative third quarter, sales were ¥1,846 million, up 16.7% year on year, and segment profit (operating profit) was ¥21 million, compared with a segment loss (operating loss) of ¥20 million in the same period of the previous year.」
Higher demand resulting from people refraining from going out, benefit payments, the new game console and comic sales lifted TSUTAYA's sales 16.7% year on year, and earnings improved from a ¥20 million loss in the same period of the previous year to a ¥21 million profit. - FY2021-Q2MitigatedAnnual report
「In the TSUTAYA business, demand for books and games increased as people refrained from going out amid the spread of COVID-19. Game demand also increased following the payment of special fixed benefits after the state of emergency was lifted, and performance remained strong during the cumulative second quarter. As a result, for the cumulative second quarter, sales were ¥1,219 million, up 20.3% year on year, and segment profit (operating profit) was ¥16 million, compared with a segment loss (operating loss) of ¥18 million in the same period of the previous year.」
Higher demand for books and games due to people refraining from going out and the payment of benefits lifted sales 20.3% year on year, and TSUTAYA's segment earnings improved from an ¥18 million loss in the same period of the previous year to a ¥16 million profit. - FY2021-Q1MitigatedAnnual report
「In the TSUTAYA business, demand for books and games increased as people refrained from going out amid the spread of COVID-19. Although demand settled at the same level as the previous year in June after restrictions were lifted, performance remained strong during the cumulative first quarter. As a result, for the cumulative first quarter, sales were ¥624 million, up 24.2% year on year, and segment profit (operating profit) was ¥16 million, up 1119.3% year on year.」
Higher demand for books and games as people refrained from going out lifted TSUTAYA's sales 24.2% year on year and segment profit to ¥16 million, temporarily mitigating the impact of lower profitability through the previous fiscal year. - FY2020WorsenedAnnual report
「As a result, for the fiscal year, sales were ¥2,185 million, down 3.4% from the previous fiscal year, and the segment loss (operating loss) was ¥13 million, compared with segment profit (operating profit) of ¥10 million in the previous fiscal year.」
Although book and rental sales areas were reviewed, TSUTAYA's sales fell 3.4% and earnings deteriorated from a ¥10 million profit in the previous fiscal year to a ¥13 million loss. - FY2020-Q3WorsenedAnnual report
「We enhanced the book selection and reviewed the rental area for older titles, focusing on measures to secure gross profit. However, sales remained sluggish because subscriptions to books and new-release rentals were weak, as well as due to the lag in opening and closing stores. As a result, for the cumulative third quarter, sales were ¥1,581 million, down 6.1% year on year, and the segment loss (operating loss) was ¥20 million, compared with segment profit (operating profit) of ¥12 million in the same period of the previous year.」
Although the review of book and rental sales areas and measures to secure gross profit continued, sales fell 6.1% year on year and segment earnings deteriorated from a ¥12 million profit in the same period of the previous year to a ¥20 million loss. - FY2020-Q2WorsenedAnnual report
「We enhanced the book selection and reviewed the rental area for older titles, focusing on measures to secure gross profit. However, sales remained sluggish because subscriptions to books and new-release rentals were weak, as well as due to the lag in opening and closing stores. As a result, for the cumulative second quarter, sales were ¥1,014 million, down 7.5% year on year, and the segment loss (operating loss) was ¥18 million, compared with segment profit (operating profit) of ¥8 million in the same period of the previous year.」
Although initiatives for books and rentals continued, sales fell 7.5% year on year and segment earnings deteriorated from a ¥8 million profit in the same period of the previous year to an ¥18 million loss. - FY2020-Q1WorsenedAnnual report
「In the TSUTAYA business, we enhanced the book selection and reviewed the rental area for older titles, focusing on measures to secure gross profit. However, sales remained sluggish, partly because subscriptions to books and new-release rentals were weak. As a result, for the cumulative first quarter, sales were ¥502 million, down 5.7% year on year, and segment profit (operating profit) was ¥1 million, down 45.6% year on year.」
Although the product selection was enhanced and the sales areas reviewed, sales fell 5.7% and segment profit fell 45.6% due to weak subscriptions and new-release rentals. - FY2019WorsenedAnnual report
「As a result, for the fiscal year, sales were ¥2,262 million, down 7.3% from the previous fiscal year, and segment profit (operating profit) was ¥10 million, down 34.1% from the previous fiscal year.」
TSUTAYA's sales fell 7.3% and segment profit fell 34.1%, deteriorating for the full year from the profit level through the previous quarter. - FY2019-Q3WorsenedAnnual report
「In the TSUTAYA business, we enhanced and expanded the selection of core products such as books and stationery, and focused on improving customer convenience and the repeat rate, but sales remained sluggish. As a result, for the cumulative third quarter, sales were ¥1,684 million, down 7.8% year on year, and segment profit (operating profit) was ¥12 million, down 10.2% year on year.」
Although efforts to strengthen books and stationery continued, sales fell 7.8% year on year and segment profit was ¥12 million, down 10.2%, marking a shift from the earnings improvement seen through the previous quarter to declining profit. - FY2019-Q2MitigatedAnnual report
「In the TSUTAYA business, we enhanced and expanded the selection of core products such as books and stationery, and focused on improving customer convenience and the repeat rate, but sales remained sluggish. As a result, for the cumulative second quarter, sales were ¥1,095 million, down 6.1% year on year, and segment profit (operating profit) was ¥8 million, compared with a segment loss (operating loss) of ¥0 million in the same period of the previous year.」
Although sluggish sales continued, segment earnings improved from a loss in the same period of the previous year to a ¥8 million profit, supported by stronger books and stationery sales. - FY2019-Q1MitigatedAnnual report
「In the TSUTAYA business, we enhanced and expanded the selection of core products such as books and stationery, and focused on improving customer convenience and the repeat rate, but sales remained sluggish. As a result, for the cumulative first quarter, sales were ¥533 million, down 4.0% year on year, and segment profit (operating profit) was ¥2 million, compared with a segment loss (operating loss) of ¥6 million in the same period of the previous year.」
Although sales remained sluggish, segment earnings improved from a ¥6 million loss in the same period of the previous year to a ¥2 million profit, supported by stronger books and stationery sales. - FY2018MaterialisedAnnual report
「As a result, for the fiscal year, sales were ¥2,441 million, up 0.9% from the previous fiscal year, and segment profit (operating profit) was ¥15 million, down 12.7% from the previous fiscal year.」
Sales edged up on stronger book sales and the recovery of the Sendai Arai store, while segment profit fell 12.7% from the previous fiscal year against a backdrop of sluggish rentals and other factors, with lower profitability persisting for the full year. - FY2018-Q3MitigatedAnnual report
「In the TSUTAYA business, we strengthened the selection and sales of our core book products to offset the sluggish rental business, and focused on improving customer convenience and the repeat rate. Sales performed relatively well as the release of popular titles occurred in succession. As a result, for the cumulative third quarter, sales were ¥1,825 million, up 2.1% year on year, and segment profit (operating profit) was ¥13 million, up 5.7% year on year.」
Although the rental business remained sluggish, sales rose 2.1% year on year and segment profit was ¥13 million, supported by stronger book selection and sales and the release of popular titles, mitigating the impact of lower profitability compared with the previous quarter. - FY2018-Q2MaterialisedAnnual report
「In the TSUTAYA business, we strengthened the selection and sales of our core book products and focused on improving customer convenience and the repeat rate, but sales remained sluggish. As a result, for the cumulative second quarter, sales were ¥1,166 million and the segment loss (operating loss) was ¥0 million.」
While efforts to strengthen the selection and sales of books and improve the repeat rate continued, TSUTAYA's sales remained sluggish and the segment loss continued. - FY2018-Q1MaterialisedAnnual report
「In the TSUTAYA business, the company strengthened the selection and sales of books, its core products, and focused on improving customer convenience and repeat-purchase rates, but sales remained sluggish. As a result, cumulative first-quarter sales were ¥555 million and segment loss (operating loss) was ¥6 million.」
While efforts were made to strengthen the selection and sales of books and improve the repeat rate, TSUTAYA's sales remained sluggish and a ¥6 million segment loss was recorded. - FY2017MaterialisedAnnual report
「At existing stores, book sales, the core business, remained stable, but overall performance in the TSUTAYA business remained sluggish because TSUTAYA Sendai Odawara closed in February of the same year, reducing the number of stores by 1 from the previous fiscal year. Costs also increased due to higher opening costs for the large-scale Sendai Arai store. As a result, fiscal-year sales were ¥2,420 million and segment profit (operating profit) was ¥18 million.」
The decline in profitability of the TSUTAYA business materialized in full-year results due to the decrease in the number of stores and higher opening costs for the large-scale store. - FY2017-Q3MaterialisedAnnual report
「At existing stores, book sales, the core business, remained stable, but total sales in the TSUTAYA business fell below the same period of the previous year partly because the number of stores decreased by 1. Costs also increased due to a large-scale store opening. As a result, cumulative results for the first 3 quarters were sales of ¥1,788 million, down 9.3% year on year, and segment profit (operating profit) of ¥13 million, down 80.7% year on year.」
In the TSUTAYA business, sales and segment profit declined significantly due to a decrease in the number of stores and higher costs associated with large-scale store openings. - FY2017-Q2MaterialisedAnnual report
「Although sales of the core book products remained stable, high-gross-margin rental sales declined. TSUTAYA Bookstore, operated by consolidated subsidiary 多賀城蔦屋書店, which began operations at the end of March 2016, followed a similar trend.」
The weakness in high-gross-margin rental sales continued into the second quarter, and the same situation occurred at 多賀城蔦屋書店. - FY2017-Q1MaterialisedAnnual report
「In the TSUTAYA business, book sales remained stable, but high-gross-margin rental sales declined. TSUTAYA Bookstore, operated by consolidated subsidiary 多賀城蔦屋書店, which began operations at the end of March 2016, followed a similar trend.」
High-margin rental sales also declined during the quarter, and 多賀城蔦屋書店 followed a similar trend. - FY2016MaterialisedAnnual report
「Although the company focused on selling high-margin products amid difficulties in its core rental and book sales businesses, sales and earnings declined due to higher costs associated with opening TSUTAYA Bookstore locations. As a result, consolidated results for the fiscal year were sales of ¥2,637 million and segment profit (operating profit) of ¥40 million.」
The company reports that difficulties with existing products and costs related to new stores resulted in lower sales and earnings during the fiscal year.