ENVALITH
株式会社日本創発グループ logo

JAPAN Creative Platform Group Co.,Ltd.

7814・Standard Market・Other Products

Official website
株式会社日本創発グループ logo
JAPAN Creative Platform Group Co.,Ltd.7814

Business

Nihon Sohatsu Group Co., Ltd. is a pure holding company and a "corporate group supporting creativity," comprising 39 consolidated subsidiaries, 20 non-consolidated subsidiaries, and 11 affiliated companies. Under its umbrella are specialized firms spanning printing, design, video, IT, novelty goods, food samples, and model management, providing clients with one-stop services from planning proposals through manufacturing/production to media distribution. Its main customers are corporations engaged in advertising and sales promotion activities, and buoyed by the recovery in inbound demand and the revitalization of corporate advertising activities, net sales for FY2025 (ending December 2025) reached ¥86,987 million. The company is listed on the Standard Market of the Tokyo Stock Exchange.

Business Model

A pure holding company centrally manages the management resources of group companies, bringing together a cluster of firms with specialized capabilities in printing, IT, video, fixtures, novelties, and more to realize total creative services that would be difficult for a single company to provide. The cost-of-sales ratio is approximately 68% (FY2025, ending December 2025), with the gross profit margin improving to 31.91%. The company is strengthening its earnings base through scale expansion via M&A and optimization of its business portfolio, while enhancing capital efficiency through a CMS (Cash Management System).

Company Strengths

The company has conducted multiple M&A transactions every year since establishing its holding company in 2015. In FY2025 (ending December 2025) alone, it made subsidiaries of numerous companies including Fujiplus, Silky, Act, Sunmec, Suzuki Shofudo, DNTI, Yokohama Material, Trust, West Management, Nihon Sample, and Monro Art Studio, continuously expanding the scale of the group.

In FY2025 (ending December 2025), order intake reached ¥87,647 million (up 7.7% year on year), and order backlog reached ¥6,354 million (up 11.6% year on year), both exceeding the previous period's levels. Against a backdrop of recovering inbound demand and increased corporate advertising activity, demand for promotional tools and services has risen, steadily building up the order base.

In March 2025, the company sold the Funado Warehouse (land: 5,741 sq. m; building: 2,481 sq. m) in Itabashi-ku, Tokyo, recording a gain on sale of fixed assets of ¥5,758 million. As a result, the equity ratio improved by 3.9 percentage points, from 20.5% in the previous period to 24.4%, and net assets expanded to ¥21,283 million (up 33.1% year on year).

ENVALITH's Perspective

Revenue for Q1 FY2026 was ¥24,273 million (up 11.9% year on year), maintaining a revenue growth trend, while operating profit fell sharply to ¥1,038 million (down 20.7% year on year). Selling, general and administrative expenses increased from ¥5,594 million to ¥6,557 million, as cost increases associated with the expanded scope of consolidation from M&A activity are pressuring profit margins. The full-year operating profit forecast of ¥2,400 million (down 20.3% year on year) is expected to decline further from ¥3,010 million in FY2025, making profitability improvement an urgent priority.

Of the ¥1,982 million in ordinary profit recorded in Q1 FY2026, subsidy income of ¥1,121 million contributed significantly, resulting in a structure where this substantially exceeds the core business's operating profit of ¥1,038 million. Additionally, in the same period last year, profit attributable to owners of parent had swelled to ¥2,389 million due to a gain on sale of fixed assets of ¥1,448 million, but in the current period extraordinary income was limited to ¥117 million, causing net profit to fall sharply to ¥1,377 million (down 42.4% year on year). The full-year net profit forecast of ¥2,000 million (down 69.4% year on year) is expected to decline substantially from ¥6,530 million in FY2025, making it important to evaluate underlying earnings power excluding one-off gains.

Total assets at the end of Q1 FY2026 stood at ¥93,403 million (up ¥8,345 million from the end of the previous fiscal year), while total liabilities continued to expand to ¥66,876 million (up ¥3,102 million from the end of the previous fiscal year). The equity ratio declined from 24.4% to 22.4%, and short-term borrowings increased from ¥23,000 million to ¥25,000 million. Amid the continuing external environment of rising interest rates, interest expense increased from ¥92 million in the same period last year to ¥168 million, and the impact of increasing interest-bearing debt and growing interest burden on future financial costs warrants continued close monitoring.

Growth Strategy

Aim for stable growth through group expansion via M&A and business portfolio optimization

In Q1 FY2026, the company newly consolidated four companies, including Shinwa Seisakusho, as subsidiaries, strengthening its integrated system in the paper packaging, promotional POP, and display fields. Through the accumulation of specialized companies via M&A, the company continues to drive expansion of its creative services domain and growth in sales scale.

The company continues to actively invest in tangible fixed assets such as buildings and machinery, with total tangible fixed assets at the end of Q1 FY2026 reaching ¥36,892 million (up ¥1,840 million from the end of the previous fiscal year). By utilizing subsidies related to capital investment, the company is expanding production capacity while reducing financial burden, enhancing its ability to respond to increased orders.

Against the backdrop of a steady recovery in inbound consumption and increased corporate advertising activity, the company is capturing rising demand for promotional tools and services. The participation of Shinwa Seisakusho, which has an integrated system from planning proposals to mass production delivery, strengthens competitiveness in the paper packaging, promotional POP, and display fields. The continuation of inbound demand, an external market factor, is a premise for this market environment.

Last updated: July 17, 2026