Komori
Kyodo Printing (7914) · RiskWorsenedLatest M&A and Subsidiary Changes (2026-11-09): "Restated"

Declining demand for print media and falling order prices due to intensifying competition

First written in FY2017-Q1. 21 of 38 entries say "Restated". Latest entry: 2026-11-09.

38entries
11years
7from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2018-Q3RestatedFY2024-Q2 – FY2025-H12016: 22017: 420172018: 420182019: 220192020: 320202021: 420212022: 420222023: 320232024: 220242025: 220252026: 82026
Same theme, other companies
Pressure on printing demand and profitability from digital media adoption and price competitionA theme 5 companies write about · 5 as a headwind · 0 as a tailwind

Kyodo Printing moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).

4 other companies' latest entry also says "Restated".

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. FY2026WorsenedAnnual report

    「In addition, conditions have become increasingly difficult as print media has contracted amid the advance of digitalisation and the diversification of consumer needs.」

    The contraction of print media is attributed to digitalisation and the diversification of consumer needs, and the operating environment for printing-related businesses is described as becoming increasingly difficult.
  2. FY2026-H1WorsenedAnnual report

    「In publishing and commercial printing, periodicals remained sluggish due to declining magazine circulation, while books performed poorly as sales of hardback and other standalone books declined. Results also fell below the same period of the previous year, partly due to the impact of selectively accepting orders to improve profitability. General commercial printing also fell below the same period of the previous year: although new POP projects in the in-store promotional field increased and the IR field, including integrated reports, expanded, catalogues and information magazines declined significantly.」

    Continued declines in magazine circulation, standalone books, catalogues and information magazines were cited as evidence of structural demand pressure on print media, while growth in new POP projects and the IR field was also noted.
  3. FY2025WorsenedAnnual report

    「However, if changes in the business environment, including digitalisation, the declining birth rate, technological innovation and changes in consumer behaviour, progress faster than expected and the Group's response is significantly delayed, business performance may be affected through a reduction in business scale or a decline in competitiveness.」

    The risks associated with declining demand for traditional print media and the digital shift have expanded to encompass broader changes in the business environment, including the declining birth rate, technological innovation and changes in consumer behaviour, as well as the possibility of a reduced business scale and declining competitiveness resulting from delayed responses.
  4. FY2025-H1RestatedAnnual report

    「The environment surrounding the Kyodo Printing Group remained uncertain due to changes in the business environment, including the accelerating digital shift and soaring raw-material prices.」

    The difficult environment for printing-related businesses continues due to the accelerating digital shift and soaring raw-material prices.
  5. FY2024-Q3RestatedAnnual report

    「The environment surrounding the Kyodo Printing Group remained difficult, as inbound demand recovered steadily while resource prices remained high and demand for print media declined amid the accelerating digital shift.」

    While inbound demand is recovering, the difficult printing environment continues due to declining demand for print media caused by the digital shift and persistently high resource prices.
  6. FY2024-Q2RestatedAnnual report

    「The environment surrounding the Kyodo Printing Group remained difficult, as demand including inbound tourism recovered while prices for various resources soared and demand for print media declined amid the accelerating digital shift.」

    While inbound demand is recovering, the difficult environment continues, including high resource prices and declining demand for print media due to the digital shift.
  7. FY2024-Q1WorsenedAnnual report

    「The environment surrounding the Kyodo Printing Group remained difficult, as progress was made in the recovery from the COVID-19 pandemic while prices for various resources soared and the digital shift accelerated in the existing printing business.」

    The acceleration of the digital shift is explicitly identified as a factor behind declining demand for print media in the existing printing business, while soaring resource prices have also contributed to the continued difficult environment.
  8. FY2023-Q3RestatedAnnual report

    「The printing industry also continued to see signs of recovery, including a recovery in promotional demand. However, the operating environment remained difficult due to soaring energy and raw-material prices and the continued decline in demand for print media in the existing printing business.」

    While promotional demand is recovering, difficult industry conditions continue due to soaring energy and raw-material prices and declining demand for print media.
  9. FY2023-Q2RestatedAnnual report

    「The printing industry also continued to see signs of recovery, including a recovery in promotional demand. However, the operating environment remained difficult due to soaring energy and raw-material prices and the continued decline in demand for print media in the existing printing business.」

    While a recovery in promotional demand is evident, demand for print media continues to decline, and the printing industry continues to face a difficult environment.
  10. FY2023-Q1RestatedAnnual report

    「The printing industry also showed some signs of recovery, including a recovery in promotional demand. However, the operating environment remained difficult due to soaring prices for raw materials such as paper and film and energy such as electricity and gas, as well as the continued decline in demand for print media in the existing printing business.」

    While some recovery in promotional demand is evident, demand for print media continues to decline, and the printing industry continues to face a difficult environment.
  11. FY2022WorsenedAnnual report

    「Although some signs of recovery emerged in the printing industry, the existing printing business continued to face a difficult operating environment due to delays in the recovery of promotional and passenger demand, declining demand for print media amid accelerated digitalisation resulting from changes in lifestyles, and soaring raw-material prices and other factors.」

    The decline in demand for print media is explicitly attributed to accelerated digitalisation resulting from changes in lifestyles, with delays in the recovery of promotional and passenger demand and soaring raw-material prices also cited.
  12. FY2022-Q3WorsenedAnnual report

    「The existing printing business continued to face a difficult operating environment due to declining demand for print media amid increased non-face-to-face communication and accelerated digitalisation resulting from changes in lifestyles, as well as the impact of soaring raw-material prices and other factors.」

    The decline in demand for print media is specifically attributed to the shift toward non-face-to-face communication and accelerated digitalisation resulting from changes in lifestyles, with the impact of soaring raw-material prices also cited.
  13. FY2022-Q2RestatedAnnual report

    「Although some signs of recovery emerged in the printing industry, the operating environment remained difficult due to delays in the recovery of demand, including promotional demand, caused by the prolonged impact of COVID-19, as well as rising raw-material prices and other costs.」

    While some recovery is evident, difficult industry conditions continue due to delays in the recovery of promotional demand and rising raw-material prices and other costs.
  14. FY2022-Q1RestatedAnnual report

    「Although some signs of recovery emerged in the printing industry, the operating environment remained difficult due to delays in the recovery of tourism and promotional demand caused by the prolonged impact of COVID-19, as well as concerns over the risk of rising raw-material prices and other costs.」

    The difficult environment in the printing industry continues, with delays in the recovery of tourism and promotional demand and the risk of rising raw-material prices also cited.
  15. FY2021WorsenedAnnual report

    「The printing industry also continued to face a difficult operating environment due to declining unit prices amid intensifying competition and rising raw-material and logistics costs, as well as the repeated cancellation of projects and policy changes by businesses and local governments due to the impact of COVID-19, and a decline in demand for some products and services caused by fluctuations in personal consumption associated with changes in lifestyles.」

    In addition to declining demand for print media and falling prices amid intensifying competition, rising logistics costs, project cancellations and policy changes due to COVID-19, and demand fluctuations were cited, indicating mounting pressure on the printing industry.
  16. FY2021-Q3RestatedAnnual report

    「The printing industry also continued to face a difficult operating environment, as businesses and local governments increasingly cancelled projects or changed their policies, while demand for some products and services declined due to fluctuations in personal consumption associated with changes in lifestyles.」

    The difficult environment in the printing industry continues against a backdrop of project cancellations and policy changes, as well as demand fluctuations caused by changes in lifestyles.
  17. FY2021-Q2RestatedAnnual report

    「The printing industry also continued to face a difficult operating environment, as businesses and local governments increasingly cancelled or postponed projects amid the spread of COVID-19, while demand for some products and services declined due to fluctuations in personal consumption associated with changes in lifestyles.」

    The printing industry continues to face a difficult environment against a backdrop of project cancellations and postponements by businesses and local governments, as well as demand fluctuations caused by changes in lifestyles.
  18. FY2021-Q1WorsenedAnnual report

    「The printing industry also continued to face a severe operating environment, as the spread of COVID-19 led to a succession of business cancellations and postponements by various companies and local governments, while demand fluctuations in personal consumption associated with requests to refrain from going out reduced demand for some products and services.」

    In addition to the previous decline in demand for print media and price competition, the cancellation and postponement of business activities by companies and local governments and demand fluctuations resulting from requests to refrain from going out were cited as actual causes of the decline in printing demand.
  19. FY2020-Q3RestatedAnnual report

    「The printing industry continued to face a severe operating environment, as demand for print media declined while the e-book and internet advertising markets expanded, order prices fell and raw-material prices soared.」

    The severe operating environment in the printing industry continued against a backdrop of expanding e-book and internet advertising markets, declining demand for print media and falling order prices.
  20. FY2019WorsenedAnnual report

    「The printing industry continued to face a severe operating environment, as demand for print media declined further while the e-book and internet advertising markets expanded, causing order prices to fall.」

    The decline in demand for print media was described as having progressed further, with falling order prices also noted, indicating mounting structural pressure in the printing market.
  21. FY2019-Q3RestatedAnnual report

    「The printing industry continued to face a severe operating environment, as demand for print media declined markedly while the e-book and internet advertising markets expanded.」

    Against the backdrop of expanding e-book and internet advertising markets, the marked decline in demand for print media continued.
  22. FY2019-Q2WorsenedAnnual report

    「The printing industry continued to face a severe operating environment, as demand for print media declined markedly while the e-book and internet advertising markets expanded.」

    Against the backdrop of expanding e-book and internet advertising markets, the decline in demand for print media was described as more pronounced than before.
  23. FY2019-Q1RestatedAnnual report

    「The printing industry continued to face a severe operating environment, as demand for print media declined while the e-book and internet advertising markets expanded, and order prices fell amid intensifying competition.」

    Against the backdrop of expanding e-book and internet advertising markets, the risks of declining demand for print media and falling order prices due to intensifying competition continued.
  24. FY2018WorsenedAnnual report

    「Most of the group's revenue comes from printed materials for companies, organizations and government agencies. If demand for printing changes significantly as paperless operations advance, this could affect the group's business performance.」

    In addition to the previous decline in demand for print media and price competition, changes in printing demand resulting from the shift to paperless operations were explicitly identified as a business-performance risk.
  25. FY2018-Q3RestatedAnnual report

    「The printing industry continued to face a severe operating environment, including declining demand for print media and falling order prices amid intensifying competition.」

    Declining demand for print media and falling order prices due to intensifying competition continued to be noted.
  26. FY2018-Q2RestatedAnnual report

    「The printing industry continued to face a severe operating environment, including declining demand for print media and falling order prices amid intensifying competition.」

    Declining demand for print media and falling order prices due to intensifying competition continued to be noted.
  27. FY2018-Q1RestatedAnnual report

    「The printing industry continued to face a severe operating environment, including declining demand for print media and falling order prices amid intensifying competition.」

    Declining demand for print media and falling order prices due to intensifying competition continued to be noted.
  28. FY2017RestatedAnnual report

    「The printing industry continued to face a severe operating environment, including declining demand for print media and falling order prices amid intensifying competition.」

    Declining demand for print media and falling order prices due to intensifying competition continued to be cited as industry conditions for the full fiscal year.
  29. FY2017-Q3RestatedAnnual report

    「Meanwhile, the printing industry continued to face a severe operating environment, including declining demand for print media, particularly publishing-related printing, and falling order prices amid intensifying competition.」

    Declining demand for print media and falling order prices due to intensifying competition continued to be cited as industry conditions.
  30. FY2017-Q2RestatedAnnual report

    「The printing industry continued to face a severe operating environment, including declining demand for print media, particularly publishing-related printing, and falling order prices amid intensifying competition.」

    Declining demand for print media and falling order prices due to intensifying competition continued to be cited as industry conditions.
  31. FY2017-Q1First statedAnnual report

    「The printing industry continued to face a severe operating environment, including declining demand for print media and falling order prices amid intensifying competition.」

    Structural declines in demand in the printing market and price competition were identified as industry risks.
Moved together

"Emerging-market slowdown, falling share prices and a stronger yen, sluggish personal consumption" moved the same way as this thread, in the same document, in 7 of its 38 moves.

764442★123456
  1. ★This thread
  2. 1Emerging-market slowdown, falling share prices and a stronger yen, sluggish personal consumption7×
  3. 2Decline in demand and stagnation of business activity due to the COVID-19 pandemic6×
  4. 3Expanding business domains and generating profit by leveraging our strengths4×
  5. 4Earnings pressure from surging raw material costs4×
  6. 5Decline in orders for My Number-related BPO services and a lack of new projects4×
  7. 6Social contribution centred on the printing business and a trusted corporate group2×

★ 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
Kyodo Printing's next results are scheduled for 2026-11-09. Read the earnings preview It last moved in the M&A and Subsidiary Changes of 2026-11-09: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Declining demand for print media and falling order prices due to intensifying competition | Kyodo Printing Co.,Ltd. (7914) | Komori