TOWNNEWS-SHA CO.,LTD.
2481・Standard Market・Services
Town News business (single segment)
A community-focused free newspaper publisher and advertising business based in Kanagawa Prefecture and the Tama area of Tokyo
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (cumulative Q3, current fiscal year) | ¥3,152 million (+10.6% YoY) | ¥2,849 million (same period prior year) | ↑ |
| Operating income (cumulative Q3, current fiscal year) | ¥608 million (+25.8% YoY) | ¥483 million (same period prior year) | ↑ |
| Ordinary income (cumulative Q3, current fiscal year) | ¥652 million (+10.9% YoY) | ¥588 million (same period prior year) | ↑ |
| Net income for the quarter (cumulative Q3, current fiscal year) | ¥431 million (+10.8% YoY) | ¥389 million (same period prior year) | ↑ |
| Net sales (full-year forecast, current fiscal year) | ¥4,117 million (+12.0% YoY) | ¥3,677 million (actual, prior fiscal year) | ↑ |
| Operating income (full-year forecast, current fiscal year) | ¥520 million (+12.5% YoY) | ¥462 million (actual, prior fiscal year) | ↑ |
| Net income per share (cumulative Q3) | ¥78.16 | ¥70.54 (same period prior year) | ↑ |
| Equity ratio | 87.6% | 88.2% (end of prior fiscal year) | — |
| Total assets | ¥6,329 million | ¥5,792 million (end of prior fiscal year) | ↑ |
| Net assets | ¥5,547 million | ¥5,108 million (end of prior fiscal year) | ↑ |
Business Details
The company's core business is the sale of advertising space in "Town News," a regional community newspaper published in 36 editions across all of Kanagawa Prefecture and parts of Tokyo (Machida City, Hachioji City, Tama City). While print-related operations remain the core business, the company is expanding into digital-related businesses (Web, email, and LINE editions) as well as non-print businesses such as PPP (public-private partnership) operations, designated facility management, and promotional services. Revenue sources include direct sales of print advertising space as well as sales through advertising agencies. The company operates debt-free and maintains a high level of financial soundness.
Recent Overview
Sales and all profit levels exceeded the same period of the prior year in the cumulative Q3 period; full-year forecast left unchanged
For the cumulative nine months of FY2026 (ending June 2026) (July 2025–March 2026), net sales were ¥3,152 million (+10.6% YoY) and operating income was ¥608 million (+25.8% YoY), representing a substantial increase in earnings. While print-related sales were slightly below the same period of the prior year, the promotion-related, digital-related, and PPP businesses performed steadily, and the concentration of non-print project deliveries at fiscal year-end also contributed. Increases in facility operating costs and personnel expenses were absorbed by higher revenue. On April 1, 2026, the company launched a new business, "JichiCa." There has been no change to the full-year earnings forecast (net sales of ¥4,117 million, operating income of ¥520 million).
Key Products
Growth Drivers
- Expansion of digital-related businesses (increased access following Web edition renewal, launch of JichiCa, strengthening of digital advertising)
- Expansion of PPP (public-private partnership) business (continued operation of Odawara Sannomaru Hall and Umikaze Terrace, reopening of Hadano City Cultural Hall in April 2026)
- Steady performance of the non-print promotional business (sales contribution from concentration of projects at fiscal year-end)
- Structural transformation into a "comprehensive information company that also publishes a regional newspaper" based on the second medium-term management plan (FY2024–FY2026)
- Expansion of user touchpoints through multi-channel deployment of community-focused content
Risks
- Risk of declining insert distribution volumes due to falling newspaper subscription rates
- Risk of rising raw material costs such as paper and printing costs (impact of higher resource prices and yen depreciation)
- Risk of increased costs due to rising personnel expenses (wage improvements)
- Slowing trend in print advertising placements (structural decline in print media advertising demand due to digital shift)
- Risk of economic downturn stemming from changes in US trade policy and geopolitical risk
- Uncertainty over the outlook due to the prolonged conflicts in the Middle East and Ukraine and continued price increases
Last updated: September 22, 2025