Contraction of the printing market due to population decline and other factors
First written in FY2023. 3 of 8 entries say "Restated". Latest entry: FY2026.
Kyoritsu moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 13 of 25 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As the printing market continues to contract, the Group is working to secure order volumes by maintaining a production system capable of producing large-lot orders with high quality and short lead times, while reducing fixed costs and improving productivity by increasing in-house production.」
The printing market continues to contract, but the Company is responding with a high-quality, short-lead-time production system and greater in-house production. - 2026-06-22ReframedEarnings presentation
「新聞購読数の減少に伴いチラシは減少傾向であるが、販促効果の高いカタログ類や特別感のあるＤＭ媒体が増加しているため、商業印刷物は増加。」
新聞・折込チラシの縮小を示す一方、カタログやDMの増加により商業印刷物全体は増加していると整理している。 - FY2026-H1RestatedAnnual report
「Amid the ongoing contraction of printed media, the Company worked to improve productivity by winning new orders and reducing subcontracting costs through greater in-house production. Revenue was ¥1.386 billion, down ¥279 million year on year, while segment profit was ¥356 million, up ¥29 million year on year.」
Although printed media continues to contract, the print media business posted lower revenue but higher segment profit year on year, supported by greater in-house production and other measures. - FY2025WorsenedAnnual report
「Amid the ongoing contraction of printed media, particularly inserted flyers, the Company worked to reduce costs but was unable to fully offset the decline in revenue in the first quarter. Revenue was ¥2.9375 billion, down ¥228.4 million year on year, and segment profit was ¥691 million, down ¥315 million year on year.」
The continued contraction of printed media resulted in a 7.21% year-on-year decline in revenue and a 31.35% decline in segment profit in the print media business. - FY2025-H1WorsenedAnnual report
「Amid the ongoing contraction of printed media, particularly inserted flyers, the Company worked to reduce costs by increasing its in-house production ratio, but was unable to fully offset the decline in revenue in the first quarter. Revenue was ¥1.4139 billion, down ¥632 million year on year, and segment profit was ¥327 million, down ¥134 million year on year.」
The continued contraction of printed media resulted in a ¥632 million year-on-year decline in revenue and a ¥134 million decline in segment profit in the print media business. - FY2024WorsenedAnnual report
「As material costs, including paper, surged, the decline in order volumes for printed media, particularly catalogs and flyers, became pronounced. Revenue was ¥3.1663 billion, down ¥218 million year on year.」
The contraction of the printing market and decline in printed media have resulted in a pronounced decrease in order volumes and a ¥218 million year-on-year decline in printing-business revenue. - FY2024-Q3RestatedAnnual report
「In the printing business, a decline in the number of pages and circulation of advertising media has been observed, although」
The decline in the number of pages and circulation of advertising media continues to affect the order environment in the printing business. - FY2023First statedAnnual report
「In addition to population decline and aging, changes in social structures, including the increase in dual-income households, have created a challenging operating environment, including a contraction of the printing market due to the expansion of e-commerce and the decline in newspaper circulation.」
The Company identifies changes in social structures, the expansion of e-commerce and declining newspaper circulation as factors behind the contraction of the printing market.