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Creek & River (4763) · RiskMitigated

Impact of concentrated returns at 高橋書店グループ on interim earnings

First written in FY2026-H1. 5 of 6 entries say "Mitigated", first in 2026-04-09. Latest entry: FY2027-H1.

6entries
2years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2026-H1Mitigated2026-04-09 – FY2027-H12025: 120252026: 52026
Same theme, other companies
Risk of losses from returns under the consignment sales systemA theme 8 companies write about · 8 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.

3 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-H1MitigatedAnnual report

    「The Takahashi Shoten Group, whose principal business is the planning, editing and publishing of planners, diaries and calendars, is temporarily a negative factor for operating income and ordinary income during the interim consolidated accounting period because, due to business practices specific to the publishing industry, this is the period when returns of shipped products are concentrated. However, the Group expects to secure stable earnings for the full fiscal year.」

    Although the temporary negative impact in the interim period from concentrated product returns continues, the CRES segment loss narrowed from ¥525 million in the same period of the previous year to ¥150 million, and stable full-year earnings are expected.
  2. 2026-10-08Mitigatedgamebiz.jp

    「売上高21億5900万円(前年同期3億8900万円)、セグメント損益(営業損益)1億5000万円(前年同期5億2500万円の赤字)となった。」

    返品集中によるCRES分野の中間期赤字は続いたが、赤字額は前年同期の5億2,500万円から1億5,000万円へ縮小した。
  3. 2026-07-09MitigatedFinancial Results Presentation

    「The current fiscal year is progressing steadily」

    Unlike the loss caused by concentrated returns in the interim period of the previous fiscal year, the Takahashi Shoten Group was reported to be progressing steadily in the current fiscal year.
  4. FY2026MitigatedAnnual report

    「The Takahashi Shoten Group’s results have been reflected in consolidated profit and loss since the second quarter consolidated accounting period and have been progressing steadily.」

    The Takahashi Shoten Group incurred an operating loss in the interim period due to concentrated returns, but results were steady for the full year, and the CRES segment as a whole recorded segment profit of ¥643 million. The impact of concentrated returns on interim earnings was mitigated over the full year.
  5. 2026-04-09MitigatedFinancial Results Presentation

    「The second quarter was loss-making due to seasonal factors, the third quarter was strongly positive due to shipments of planners and calendars, and the fourth quarter also remained solid」

    Although returns and seasonality resulted in an interim loss, shipments from the third quarter onward and fourth-quarter performance offset the impact on full-year results.
  6. FY2026-H1First statedAnnual report

    「The Takahashi Shoten Group, whose main businesses are the planning, editing, and publishing of planners, diaries, calendars, and other products, experiences concentrated returns of shipped products during the current interim consolidated accounting period due to business practices unique to the publishing industry. This temporarily has a negative impact on operating income and ordinary income, although stable earnings are expected for the full year. During the current interim consolidated accounting period, the Takahashi Shoten Group recorded net sales of ¥361 million, an operating loss of ¥378 million, and an ordinary loss of ¥383 million.」

    Concentrated returns characteristic of the publishing industry resulted in an operating loss of ¥378 million and an ordinary loss of ¥383 million for the Takahashi Shoten Group in the interim period. The Company explained that it expects to secure stable earnings for the full year.
Moved together

"Growth in the Medical Field" moved the same way as this thread, in the same document, in 4 of its 6 moves.

444443★123456
  1. ★This thread
  2. 1Growth in the Medical Field4×
  3. 2Net Sales and Income at Each Stage Reach Record Highs4×
  4. 3Expansion of the Professional Network and Career Support4×
  5. 4SmartRobot's Expansion in Japan and Acceleration of Idrasys's AI Business4×
  6. 5Creative Sector (Japan): Higher Revenue, Lower Profit4×
  7. 6Expansion of the Lawyer Network3×

★ 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 Creek & River yet. It last moved in the Financial Results Presentation of 2026-07-09: "Mitigated".
Impact of concentrated returns at 高橋書店グループ on interim earnings | CREEK & RIVER Co.,Ltd. (4763) | Komori