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Shobunsha Holdings (9475) · RiskMitigated

Dependence on the Publishing Business, Major Publishing Wholesalers and a Specific Hardware Manufacturer

First written in FY2017. 3 of 8 entries say "Worsened", first in FY2018. Latest entry: FY2026.

8entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseReframedFY2019 – FY2021WorsenedFY2022 – FY20242017: 120172018: 120182019: 120192020: 020202021: 120212022: 120222023: 020232024: 120242025: 120252026: 12026
Same theme, other companies
Business concentration in the internet, e-commerce and publishing industriesA theme 19 companies write about · 19 as a headwind · 0 as a tailwind

Shobunsha Holdings moved to the "Worse" side of this theme in 2018.

The whole theme swung hardest in 2018: 2 of 11 companies on the "Worse" side.

2 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.
Showing 14 of the 19 companies compared. The sentences above are computed from all 19.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「At present, approximately 53.4% of our sales still depend on sales of trade publications. In transactions with bookstores, the main sales channel for trade publication sales, transactions conducted through ㈱トーハン and 日本出版販売㈱, known as the 2 major distributors, account for approximately 81.5% of total trade publication sales.」

    Dependence on trade publications declined from approximately 54.2% in the previous fiscal year to approximately 53.4%, while the proportion conducted through the 2 major distributors declined from approximately 94.9% to approximately 81.5%. The dependency structure remains, but the disclosed figures indicate lower concentration.
  2. FY2025ReframedAnnual report

    「At present, approximately 54.2% of our sales still depend on sales of trade publications. In transactions with bookstores, the main sales channel for trade publication sales, transactions conducted through ㈱トーハン and 日本出版販売㈱, known as the 2 major distributors, account for approximately 94.9% of total trade publication sales.」

    Dependence on trade publications rose from approximately 53.9% in the previous fiscal year to approximately 54.2%, while the proportion conducted through the 2 major distributors declined from approximately 95.5% to approximately 94.9%. The dependency structure remains highly concentrated.
  3. FY2024WorsenedAnnual report

    「At present, approximately 53.9% of our sales still depend on sales of trade publications. In transactions with bookstores, the main sales channel for trade publication sales, transactions conducted through ㈱トーハン and 日本出版販売㈱, known as the 2 major distributors, account for approximately 95.5% of total trade publication sales, in order to secure logistics systems serving small and medium-sized bookstores across Japan and avoid credit risk.」

    It states that dependence on trade publication sales was approximately 53.9% and the proportion of transactions conducted through the 2 major companies was approximately 95.5%, up from approximately 43.8% and approximately 92.0%, respectively, previously.
  4. FY2022WorsenedAnnual report

    「At present, approximately 43.8% of our sales still depend on the publishing business. In transactions with bookstores, the main sales channel for that business, transactions conducted through ㈱トーハン and 日本出版販売㈱, known as the 2 major distributors, account for approximately 92.0% of the publishing business as a whole, in order to secure logistics systems serving small and medium-sized bookstores across Japan and avoid credit risk.」

    Dependence on publishing business sales rose from approximately 37.3% to approximately 43.8%, and the proportion of transactions conducted through the 2 major companies within the publishing business also reached a high level of approximately 92.0%.
  5. FY2021ReframedAnnual report

    「Approximately 37.3% of our sales still depend on the publishing business. In transactions with bookstores, the main sales channel for that business, transactions conducted through ㈱トーハン and 日本出版販売㈱, known as the 2 major distributors, account for approximately 84.3% of the publishing business as a whole.」

    Dependence on publishing business sales declined from approximately 71.7% to approximately 37.3%, while transactions conducted through the 2 major companies within the publishing business accounted for a high 84.3%, changing the description of the dependency structure.
  6. FY2019ReframedAnnual report

    「More than half of our sales, approximately 71.7%, still depend on the publishing business. In transactions with bookstores, the main sales channel for that business, transactions conducted through ㈱トーハン and 日本出版販売㈱, known as the 2 major distributors, account for approximately 68.0% of the publishing business as a whole.」

    While dependence on the publishing business declined from approximately 73.9% to approximately 71.7%, the proportion of transactions conducted through the 2 major companies rose from approximately 67.6% to approximately 68.0%.
  7. FY2018WorsenedAnnual report

    「At present, more than half of our sales, approximately 73.9%, still depend on the publishing business. In transactions with bookstores, the main sales channel for that business, transactions conducted through ㈱トーハン and 日本出版販売㈱, known as the 2 major distributors, account for approximately 67.6% of the publishing business as a whole.」

    It states that dependence on publishing business sales was approximately 73.9% and dependence on publishing transactions conducted through the 2 major companies was approximately 67.6%, up from 72.1% and approximately 58.5%, respectively, previously.
  8. FY2017First statedAnnual report

    「At present, more than half of our sales, 72.1%, still depend on the publishing business. In transactions with bookstores, the main sales channel for that business, approximately 58.5% of transactions are conducted through ㈱トーハン, 日本出版販売㈱, known as the 2 major distributors, and 日本地図共販㈱, a specialist distributor of maps, in order to secure logistics systems serving small and medium-sized bookstores across Japan and avoid credit risk. Our group's car navigation business is also highly dependent on specific hardware manufacturers. If the financial condition of such a company deteriorates and we are unable to develop an alternative business partner, this may affect our group's performance.」

    It states that 72.1% of sales depend on the publishing business, approximately 58.5% of the publishing business depends on transactions conducted through 3 distributors, and the car navigation business is highly dependent on specific hardware manufacturers.
Moved together

"Stagnant Corporate Earnings and Consumer Sentiment Due to Global Economic Uncertainty and the Stronger Yen" moved the same way as this thread, in the same document, in 6 of its 8 moves.

665544★123456
  1. ★This thread
  2. 1Stagnant Corporate Earnings and Consumer Sentiment Due to Global Economic Uncertainty and the Stronger Yen6×
  3. 2Maintaining the Equity Ratio and Cash on Hand6×
  4. 3Risk of Delayed Response to Technological Innovation and Technological Obsolescence5×
  5. 4The Shift from Print to Digital Media and the Long-Term Decline of the Publishing Business5×
  6. 5Declining Sales and Widening Operating Loss4×
  7. 6Maintaining cash and cash equivalents4×

★ 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 Shobunsha Holdings yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on the Publishing Business, Major Publishing Wholesalers and a Specific Hardware Manufacturer | Shobunsha Holdings,Inc. (9475) | Komori