Impact on Results of a Shrinking Publishing Market, Bookstore Closures and Rising Raw-Material Costs
First written in FY2023-Q1. 7 of 8 entries say "Restated". Latest entry: 2026-08-10.
The whole theme swung hardest in 2025: 3 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- 2026-08-10RestatedEarnings presentation
「Struggling amid the contraction of the print media market」
The company continued to indicate in its results discussion that the contraction of the print media market was affecting the operating environment of the publishing division. - FY2025RestatedAnnual report
「In the publishing market, stay-at-home demand during the COVID-19 pandemic has subsided, and sales of printed books and other products have again begun to decline, while bookstores, which constitute the sales channels themselves, continue to close. In addition, the market prices of raw materials such as paper and printing costs are subject to market conditions. Accordingly, rapid changes in the market or market conditions could affect the performance of the Group.」
The Company continues to identify the risk of its performance being affected by the contraction of the publishing market, bookstore closures, and market fluctuations in paper and printing costs. - FY2024-Q3RestatedAnnual report
「Sales in the publishing and education businesses struggled amid a decline in the handicraft population and contraction of the publishing industry, although the Company pursued various initiatives centered on 日本ヴォーグ社.」
The Company continues to identify sluggish sales caused by the declining handicraft population and contraction of the publishing industry as environmental risks for the publishing and education businesses. - FY2024-Q1RestatedAnnual report
「In the publishing market, stay-at-home demand during the COVID-19 pandemic has subsided, and sales of printed books and other products have again begun to decline, while bookstores, which constitute the sales channels themselves, continue to close. In addition, the market prices of raw materials such as paper and printing costs are subject to market conditions.」
The Company continues to identify the contraction of the publishing market, bookstore closures, and market fluctuations in paper and printing costs as risks. - FY2023RestatedAnnual report
「In the publishing market, stay-at-home demand during the COVID-19 pandemic has subsided, and sales of printed books and other products have again begun to decline, while bookstores, which constitute the sales channels themselves, continue to close. In addition, the market prices of raw materials such as paper and printing costs are subject to market conditions.」
The Company continues to identify the risk of its performance being affected by the contraction of the publishing market, bookstore closures, and market fluctuations in paper and printing costs. - FY2023-Q3RestatedAnnual report
「In the publishing market, stay-at-home demand during the COVID-19 pandemic has subsided, and sales of printed books and other products have again begun to decline, while bookstores, which constitute the sales channels themselves, continue to close. In addition, the market prices of raw materials such as paper and printing costs are subject to market conditions. Accordingly, rapid changes in the market or market conditions could affect the performance of the Group.」
The Company continues to identify the contraction of the publishing market, bookstore closures, and market fluctuations in raw materials such as paper and printing costs as risks. - FY2023-Q2RestatedAnnual report
「In the publishing market, stay-at-home demand during the COVID-19 pandemic has subsided, and sales of printed books and other products have again begun to decline, while bookstores, which constitute the sales channels themselves, continue to close. In addition, the market prices of raw materials such as paper and printing costs are subject to market conditions. Accordingly, rapid changes in the market or market conditions could affect the performance of the Group.」
The Company continues to identify the contraction of the publishing market, bookstore closures, and market fluctuations in raw materials such as paper and printing costs as risks. - FY2023-Q1First statedAnnual report
「In the publishing market, stay-at-home demand during the COVID-19 pandemic has subsided, and sales of printed books and other products have again begun to decline, while bookstores, which constitute the sales channels themselves, continue to close. In addition, the market prices of raw materials such as paper and printing costs are subject to market conditions. Accordingly, rapid changes in the market or market conditions could affect the performance of the Group.」
In its review of risks following the acquisition of 日本ヴォーグ社 as a subsidiary, the Company added the contraction of the publishing market, bookstore closures, and market fluctuations in raw materials such as paper and printing costs as new risks.