ART VIVANT CO.,LTD.
7523・Standard Market・Retail Trade
Art-Related Business
R-vingar's core business. Nationwide event and store sales of prints, paintings, and artworks.
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (full year, FY2026 ending March 2026) | ¥10,014 million | ¥8,092 million | ↑ |
| Operating profit (full year, FY2026 ending March 2026) | ¥1,336 million | ¥942 million | ↑ |
| Revenue YoY change (full year, FY2026 ending March 2026) | +23.8% | — | ↑ |
| Operating profit YoY change (full year, FY2026 ending March 2026) | +41.8% | — | ↑ |
| Segment assets (end of FY2026 ending March 2026) | ¥8,741 million | ¥11,001 million | ↓ |
Business Details
The main products are prints (Standard Art and Illustration Art) by domestic and international contemporary and up-and-coming artists, marketed primarily through in-house planned event sales at hotels and event halls nationwide, as well as store sales. The main products are priced at approximately ¥500,000 to ¥1,000,000, and customers frequently use credit contracts from credit sales companies. Revenue is recognized on a shipment basis. This is the core segment, accounting for approximately 79% of consolidated group revenue.
Recent Overview
Achieved revenue growth of 23.8% and operating profit growth of 41.8%, driven by ¥1,364 million in high-value art sales and steady progress in print shipments.
In FY2026 (ending March 2026), the Art-Related Business achieved substantial revenue and profit growth, with revenue of ¥10,014 million (up 23.8% year on year) and operating profit of ¥1,336 million (up 41.8% year on year). The main driver of revenue growth was the realization of ¥1,364 million in high-value art sales and steady progress in sales (shipments) of prints. The main driver of operating profit growth was, in addition to revenue growth, the reduction of event-related expenses. On the other hand, the company does not currently expect high-value art sales in FY2027 (ending March 2026), and a rebound decline in revenue and profit is anticipated.
Key Products
Growth Drivers
- Continued revenue expansion driven by steady progress in sales (shipments) of prints
- Improvement in operating margin through reduction of event-related expenses
- Continued sales activities focused on acquiring new customers, along with artist branding and development of new artists
- Increased customer touchpoints through expansion of in-house planned events and development of new venues
- Development of latent customer segments through the proposal of a "rich life with art"
Risks
- Risk of fluctuation in revenue and profit due to the drop-off of the temporary contribution from high-value art sales (¥1,364 million in high-value art sales is not currently expected in FY2027 ending March 2026)
- Risk of profit fluctuation due to timing gaps between event expenses and revenue, as revenue is recognized on a shipment basis
- Risk of declining purchasing appetite due to deteriorating macroeconomic conditions such as weaker personal consumption, rising prices, and yen depreciation
- Compliance risk related to the obligation to explain to customers the total print run of prints (as an industry practice, the total print run and edition number may not match)
- Risk of increased customer acquisition costs under a growth model dependent on new customer acquisition
- Risk of demand decline if overseas risks such as US tariff policy and Middle East conditions spill over into domestic personal consumption
Last updated: June 24, 2026