Pressure from contraction in the animation and publishing markets
First written in FY2016. 6 of 15 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MaterialisedAnnual report
「In 2025, the combined print and electronic comics market fell 1.7% year on year to ¥692.5 billion, turning negative after seven consecutive years of growth. Estimated sales of print comics, including collected volumes and comic magazines, fell 14.0% year on year to ¥165.2 billion, while electronic comics grew 2.9% to ¥527.3 billion. Electronic comics continued to grow, but the slowdown in growth has become pronounced.」
The overall comics market fell below the prior-year level, while contraction in print publishing and slowing growth in electronic comics became evident in the results. - FY2026-H1MaterialisedAnnual report
「In addition, total sales, including later volumes of Narō-style titles that had previously sold well and new original titles, fell below the prior-year period in both print and electronic books. The Company plans to respond while assessing future market trends.」
Sales of later volumes and new titles in popular genres, including electronic books that had previously been growing, are now below the prior-year period in both print and electronic formats. - FY2025Update on market size trends: animation expansion, print publishing contraction and electronic comics growthAnnual report
「The animation industry market in 2023 reached a record high of ¥3,346.5 billion, up 14.3% year on year and ¥418.8 billion in absolute terms. The publishing market size, measured by estimated sales, totaled ¥1,571.6 billion for January–December 2024, down 1.5% year on year and marking the third consecutive year of decline. Electronic comics grew 6.0% year on year to ¥512.2 billion.」
The market structure is updated: the animation industry market reached a record high, while the overall publishing market and print comics and comic magazines contracted, and electronic comics grew. - FY2025-H1MaterialisedAnnual report
「In addition, sales of later volumes and first volumes of new titles in genres that had been popular in the electronic books market, such as Narō and isekai reincarnation, have generally begun to stagnate. The Company plans to respond while assessing future changes in market demand and supply.」
The disclosure states that sales of later volumes and new titles in genres that had been popular in the electronic books market have generally begun to stagnate. - FY2024-Q1MaterialisedAnnual report
「株式会社リンガ・フランカ was established in November 2017 to operate the electronic manga distribution service Manga Door. However, although the market for electronic manga distribution services has continued to grow marginally, the Company determined that securing a certain market share and generating earnings would be difficult, and is therefore dissolving and liquidating the company.」
While the electronic manga distribution market is growing marginally, the Company determined that securing a certain market share and generating earnings would be difficult, resulting in the actual business impact of the dissolution and liquidation of a subsidiary. - FY2023Update on contraction in print publishing and slowing growth in electronic publishingAnnual report
「The combined print and electronic publishing market in 2022 fell 2.6% year on year to ¥1,630.5 billion. Print publishing continued to decline, down 6.5% year on year, while electronic publishing, which had previously recorded double-digit growth, grew only 7.5% and failed to offset the decline in print publishing. The electronic publishing market totaled ¥501.3 billion, comprising electronic comics of ¥447.9 billion, up 8.9%; e-books of ¥44.6 billion, down 0.7%; and electronic magazines of ¥8.8 billion, down 11.1%. Electronic comics accounted for 89.3% of the electronic publishing market.」
The disclosure states that the print publishing market continued to contract, while growth in the electronic publishing market slowed to 7.5%, insufficient to offset the decline in print publishing. Electronic comics grew 8.9% and accounted for 89.3% of the market. - FY2021Update on rapid expansion of the electronic publishing marketAnnual report
「The combined print and electronic publishing market grew 4.8% year on year to ¥1,616.8 billion. While the COVID-19 pandemic and the Demon Slayer: Kimetsu no Yaiba boom meant that the print publishing market declined only slightly, by 1.0%, the electronic publishing market grew sharply by 28.0%, resulting in growth for the second consecutive year. Electronic comics in the electronic publishing market grew 31.9% to ¥342.0 billion, accounting for 87.0% of the electronic publishing market.」
While pressure from contraction in the print publishing market remains, the electronic publishing and electronic comics markets grew substantially. - FY2021-Q1Update on growth in the electronic books market driven by stay-at-home demandAnnual report
「Publishing-related sales to bookstores remained broadly flat year on year, while e-book-related sales grew, particularly for titles in the isekai genre, supported in part by stay-at-home demand resulting from the COVID-19 pandemic.」
While sales to print publishers and bookstores were largely flat, sales related to electronic books grew against the backdrop of stay-at-home demand caused by COVID-19. The disclosure describes recovery and growth in electronic publishing in response to pressure from contraction in print publishing. - FY2019Update on the contraction of print publishing and recovery in electronic publishingAnnual report
「The publishing industry continues to face difficult conditions as the market contracts. Estimated sales of print publications in 2018 fell 5.7% year on year to ¥1,292.1 billion, marking the 14th consecutive year of decline. Meanwhile, the electronic publishing market grew 11.9% year on year to ¥247.9 billion, comprising electronic comics, up 14.8% to ¥196.5 billion; e-books containing text, up 10.7% to ¥32.1 billion; and electronic magazines, down 9.8% to ¥19.3 billion (according to the Association of Japanese Publishers). Electronic comics saw slower growth from the second half of 2017 due to the impact of pirated and link-aggregation websites, but sales have been recovering since Manga Mura, one of the leading pirated websites, was shut down in April 2018.」
While the print publishing market continues to contract, the electronic publishing market is expanding, and electronic comic sales have been recovering since the closure of pirated websites. - FY2018RestatedAnnual report
「Electronic comics continued to grow, although the growth rate slowed, and the issue of illegal pirated websites also came to light.」
While the electronic comics market continued to grow, its growth rate slowed and the issue of illegal pirated websites became apparent. - FY2018RestatedAnnual report
「The animation industry continues to face difficult conditions due to lower television ratings and sluggish sales of video packages resulting from the declining birth rate and diversification of consumer preferences. Meanwhile, the spread of smartphones and other media has driven growth in the paid distribution market. In addition, the diversification of uses through live-action adaptations, anime song concerts, 2.5D musicals and events has expanded revenue opportunities. The publishing industry continues to face difficult conditions as the market contracts. Estimated sales of print publications in 2017 fell 6.9% year on year to ¥1,370.1 billion, marking the 13th consecutive year of decline. Meanwhile, the electronic publishing market grew 16.0% year on year to ¥221.5 billion, including electronic comics, up 17.2% to ¥171.1 billion; e-books containing text, up 12.4% to ¥29.0 billion; and electronic magazines, up 12.0% to ¥21.4 billion (according to the Association of Japanese Publishers). Electronic comics continued to grow, although the growth rate slowed, and the issue of illegal pirated websites also came to light.」
While reconfirming pressure from contraction in the animation and print publishing markets, the disclosure notes revenue opportunities from paid distribution, live-action adaptations, live events, events and electronic publishing. Growth in the electronic publishing market and the issue of pirated websites are also noted. - FY2017RestatedAnnual report
「The animation industry continues to face difficult conditions due to lower television ratings and sluggish sales of video packages resulting from the declining birth rate and diversification of consumer preferences. Meanwhile, the spread of smartphones and other media has driven growth in the paid distribution market, while the diversification of uses through live-action and stage adaptations of popular content and the holding of events has also expanded revenue opportunities. The publishing industry continues to face difficult conditions as the market contracts. Sales of publications in 2016 fell 3.4% year on year to ¥1,470.9 billion, marking the 12th consecutive year of decline.」
While reconfirming pressure from contraction in the animation and publishing markets, the disclosure also notes expanding revenue opportunities through paid distribution, live-action and stage adaptations, and events. - FY2016First statedAnnual report
「The animation industry remains challenging because of the declining birth rate and the diversification of entertainment. The publishing industry also remains challenging as the market contracts, with the number of bookstores nationwide falling from approximately 22,200 in 1999 to approximately 13,700 in 2014.」
Identifies the declining birth rate, diversified entertainment, fewer bookstores and market contraction as external factors.