SEKI.co.,LTD.
7857・Standard Market・Other Products
Printing Business
SEKI's core segment. Spans publishing/commercial printing through BPO and packaging
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (external customers) | ¥8,939 million | ¥8,953 million | ↓ |
| Segment operating income (loss) | -¥97 million (operating loss) | ¥135 million (operating profit) | ↓ |
| Segment assets | ¥6,334 million | ¥6,179 million | ↑ |
| Depreciation and amortization | ¥459 million | ¥383 million | ↑ |
| Increase in tangible and intangible fixed assets | ¥366 million | ¥476 million | ↓ |
| Sales to major customer (The Yomiuri Shimbun Osaka Head Office) | ¥1,675 million | ¥1,745 million | ↓ |
Business Details
Centered on the manufacture and sale of publication printing, commercial printing, and Paper Container Processed Products, this segment operates through the coordinated efforts of multiple subsidiaries, including newspaper printing contract services (Media Press Setouchi), advertising production (Unimac Ad Co., Ltd.), and sales to agricultural cooperatives (Coop Printing). The main customer is The Yomiuri Shimbun Osaka Head Office (sales of ¥1,674,500 thousand in the current fiscal year), and this segment accounts for approximately 74% of the Group's external sales, making it the largest segment. The company is strengthening its entry into the food and medical packaging fields through the introduction of UV printing presses and Thomson machines and the renovation of clean rooms.
Recent Overview
Increased depreciation burden from new equipment investment and lower BPO orders led to an operating loss
In the Printing Business for FY2026 (ending March 2026), while SP-related orders for flyers and direct mail in the Greater Tokyo and Kansai areas and orders related to anniversary events and stationery sales events remained steady, a decline in BPO business orders from government agencies combined with an increase in the depreciation burden from new capital investments (UV printing presses, Thomson machines, clean room renovations) resulted in sales of ¥8,939 million (down 0.2% year on year) and an operating loss of ¥97 million (compared to operating profit of ¥135 million in the prior fiscal year). Depreciation and amortization increased by ¥76 million year on year to ¥459 million.
Key Products
Growth Drivers
- Strengthening entry into the food and medical packaging fields through the introduction of UV printing presses and Thomson machines and clean room renovations
- Steady trend in orders for tourism/promotional flyers and direct mail (SP-related) in the Greater Tokyo and Kansai areas
- Acquisition of new order opportunities such as anniversary events and stationery sales events
- Expansion of orders through the promotion of the BPO business (secretariat operations for various outsourced projects)
- Capturing tourism-related printing demand against the backdrop of recovering inbound demand
Risks
- Long-term decline in commercial printing orders due to the structural shift from paper to digital
- Rising manufacturing costs due to persistently high prices for raw materials such as printing paper and ink, as well as utility costs
- Continued rise in personnel expenses due to enhanced hiring efforts
- Risk of order fluctuations in the BPO business for government agencies (a decline in orders materialized in the current fiscal year)
- Pressure on profitability from increased depreciation and amortization due to new capital investments (¥459 million in the current fiscal year, a significant increase year on year)
- Risk of sales dependency on a major customer (The Yomiuri Shimbun Osaka Head Office) and a declining trend in sales to that customer
Last updated: June 12, 2026