PLAZA HOLDINGS CO.,LTD.
7502・Standard Market・Services
Imaging Business
A segment centered on the Palette Plaza photo shop franchise operations, developing diversified services while narrowing its losses
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue | ¥3,885 million | ¥3,639 million | ↑ |
| Segment profit/loss | -¥116 million | -¥291 million | ↑ |
| Segment assets | ¥5,748 million | ¥5,688 million | ↑ |
| Depreciation | ¥168 million | ¥175 million | ↓ |
| Amortization of goodwill | ¥30 million | ¥17 million | ↑ |
| Number of Palette Plaza stores (FC) | 126 stores | 157 stores | ↓ |
| Number of Palette Plaza stores (directly managed) | 17 stores | 12 stores | ↑ |
Business Details
Centered on franchise and directly managed photo shops under the "Palette Plaza" brand, the segment provides digital print services, photo-related merchandise, photography services, and third-party site operation support. It comprises Plaza Create Co., Ltd., Storecross Co., Ltd., BY THE PARK Co., Ltd., and Rolife Japan Co., Ltd. as subsidiaries. The segment is also working to create new revenue sources, including the DIY craft kit "Tsukurundesu" and the private booth "One-Bo". In FY2026 (ending March 2026), revenue increased and the loss narrowed significantly.
Recent Overview
Revenue increased and losses narrowed significantly on the surge in "Nandemo Dubbing" orders and strong Tsukurundesu sales
In FY2026 (ending March 2026), Imaging Business revenue was ¥3,885 million (up 6.7% year on year), and segment loss was ¥116 million (compared with a loss of ¥291 million in the prior period), a significant narrowing of the loss. The main drivers of the revenue increase were a surge in orders for the "Nandemo Dubbing" service and the capture of inbound demand for Tsukurundesu through new transactions with mass retailers. On the other hand, New Year's card printing continued to decline, with chain-wide unit sales at existing stores at 72.6% of the level in the same period of the prior year. Rolife Japan Co., Ltd. was newly established in November 2025 and became a consolidated subsidiary, and effective April 1, 2026, the Tsukurundesu-related retail sales business was transferred to that company through a company split.
Key Products
Growth Drivers
- Surge in orders for the "Nandemo Dubbing" service (growing social awareness of magnetic tape degradation issues driven by the Magnetic Tape Alert)
- Capture of inbound demand through new transactions with mass retailers for Tsukurundesu (Robotime products)
- Strong sales of One-Bo driven by the establishment of online meetings amid the return to office attendance
- Establishment of a structure to promote global expansion of DIY and IP products through the founding of Rolife Japan Co., Ltd.
- Strengthening of the direct revenue base through expansion of directly managed stores (12 stores to 17 stores)
Risks
- Structural decline in demand for New Year's card printing (progression of "New Year's card discontinuation" and digitalization, existing-store sales at 72.6% of the same period of the prior year)
- Shrinking revenue base due to the continued decline in the number of Palette Plaza FC chain stores (157 stores to 126 stores)
- Continuation of segment losses (a loss of ¥116 million in FY2026, ending March 2026) and uncertainty over the timing of achieving profitability
- Insufficient supply capacity for the "Nandemo Dubbing" service (risk of lost opportunities due to excess orders)
- Risk associated with launching the business at Rolife Japan Co., Ltd. following the company split of the Tsukurundesu business
Last updated: June 25, 2026