As books become harder to sell, BOOKOFF updates its record high. GEO is also growing after shifting its focus to reuse, while TSUTAYA has gone in the opposite direction, with its store count halving in 14 years.
As books become harder to sell, BOOKOFF GROUP HOLDINGS posted record highs in both consolidated revenue, at ¥130.1 billion, and ordinary profit, at ¥4.7 billion, for the fiscal year ended May 2026. GEO is also growing its results through the buying and selling of reused goods, shifting toward integrated reuse centered on the purchase and sale of secondhand products.
BOOKOFF has expanded beyond its traditional used-book business into cards and hobbies, music, video and games, apparel, precious metals and branded goods, and consumer electronics. Against a backdrop of growing online sales, it has pursued the development of large-format stores and transformed its business model into integrated reuse stores.
GEO has expanded its store network, centered on 2nd STREET, to cover apparel, furniture and consumer electronics. Consolidated revenue for the fiscal year ending March 2026 rose 12.5% year on year to ¥481.2 billion, with reuse revenue accounting for more than 60% of the total. The company also changed its corporate name to セカンドリテイリング on 1 October 2026, making its focus on integrated reuse more explicit.
Meanwhile, as of 2024, TSUTAYA had revamped stores such as its Shibuya location into experience-oriented facilities, but its store count changed from 1,466 in February 2012 to approximately 700 in May 2026, a halving.カルチュア・エクスペリエンス revenue was approximately ¥102.6 billion, while its bottom-line result fell into the red.