ENVALITH
丸善CHIホールディングス株式会社 logo

Maruzen CHI Holdings Co., Ltd.

3159Standard MarketRetail Trade

丸善CHIホールディングス株式会社 logo
Maruzen CHI Holdings Co., Ltd.3159

Educational & Library Market Sales Business

Core business of the group providing academic information and facility solutions for universities and libraries

PeriodCurrentPreviousChange
Net Sales (External Customers, Q1 Cumulative FY2027 ending January 2027)¥16,667 million¥16,264 million (Q1 Cumulative FY2026 ending January 2026)
Operating Income (Q1 Cumulative FY2027 ending January 2027)¥1,970 million¥1,868 million (Q1 Cumulative FY2026 ending January 2026)
Net Sales (Full Year, FY2026 ending January 2026 Results)¥49,319 million
Operating Income (Full Year, FY2026 ending January 2026 Results)¥3,491 million

Business Details

Serving universities and other educational/research institutions, public libraries, and government-affiliated research institutions as key customers, this segment provides a wide range of services including sales of academic books, e-journals, and electronic databases, creation and sale of the general-purpose bibliographic database "TRC MARC," book processing services, design and construction of educational/research facilities, university management consulting, researcher support solutions (English proofreading, translation, etc.), and university store operations & textbook sales. Key subsidiaries are Maruzen-Yushodo Co., Ltd. and Trc, Inc. (Library Trading Company).

Recent Overview

Increase in completions of large-scale construction projects drove revenue and profit growth, with Q1 net sales up 2.5% year on year

In the first quarter of FY2027 (ending January 2027) (February to April 2026), net sales increased to ¥16,667 million (up 2.5% year on year) and operating income increased to ¥1,970 million (up 5.5% year on year), mainly due to an increase in completions of large-scale projects in the design and construction of educational/research facilities and libraries. The operating margin improved from 11.5% in the same period of the prior year to 11.8%.

Key Products

service
Academic Books, E-Journals & Electronic Database Sales

Provides books, magazines, e-journals, and electronic databases related to academic research and education, including imported foreign books, to educational and research institutions such as universities and researchers, as well as researcher support solutions including English proofreading and translation services.

product
Library Book Sales, TRC MARC & Book Processing

Provides sales of library books to public libraries, school libraries, and university libraries, creation and sale of the general-purpose bibliographic database "TRC MARC," book processing services including affixing of barcode labels and IC tags, and book selection/search tools.

service
Design & Construction Solutions for Educational & Research Facilities

Provides various solutions including design and construction of educational/research facilities and libraries, as well as university management consulting. The increase in completions of large-scale projects is the main driver of this segment's performance.

platform
ADEAC Digital Archive Platform

A digital archive platform provided by TRC-ADEAC Inc., which was added to the scope of consolidation from FY2026 (ending March 2026, note: fiscal year ending January per company convention). Supports the digitization and publication of materials held by libraries, local governments, cultural facilities, and others.

service
University Store Operations & Textbook Sales

Operates stores within university campuses and sells textbooks and texts to students. Builds a stable revenue base through long-term relationships with higher education institutions.

Growth Drivers

  • Increase in completions of large-scale projects in the design and construction of educational/research facilities and libraries
  • Steady progress in book sales to public libraries
  • Incorporation of the digital archive business through consolidation of TRC-ADEAC Inc.
  • Demand for support in transitioning to digital services such as e-books, e-learning materials, and e-libraries
  • Demand for digitalization in the school education field associated with initiatives such as the GIGA School Program

Risks

  • Continued structural contraction of the paper-based specialty book and textbook sales market
  • Risk of intensifying competition for orders due to budget cuts by government agencies and universities
  • Risk of rising procurement costs for imported books and foreign magazines due to exchange rate fluctuations
  • Structural decline in textbook and specialty book sales to higher education institutions
  • Risk of obsolescence of existing revenue models due to the shift to digitalization

Last updated: April 24, 2026