KOYOSHA INC.
7946・Standard Market・Other Products
Printing-related Business (Single Segment)
A mid-tier printing company operating the Printing-related Business (Single Segment)
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales | ¥4,830 million (FY2026, ending March 2026) | ¥4,726 million (FY2025, ending March 2025) | ↑ |
| Operating Income | ¥102 million (FY2026, ending March 2026) | ¥60 million (FY2025, ending March 2025) | ↑ |
| Operating Margin | 2.1% (FY2026, ending March 2026) | 1.3% (FY2025, ending March 2025) | ↑ |
| Ordinary Income | ¥138 million (FY2026, ending March 2026) | ¥103 million (FY2025, ending March 2025) | ↑ |
| Profit Attributable to Owners of Parent | ¥84 million (FY2026, ending March 2026) | ¥60 million (FY2025, ending March 2025) | ↑ |
| Equity Ratio | 60.6% (end of FY2026, ending March 2026) | 56.2% (end of FY2025, ending March 2025) | ↑ |
| Earnings Per Share | ¥31.91 (FY2026, ending March 2026) | ¥17.95 (FY2025, ending March 2025) | ↑ |
| Cash and Cash Equivalents at End of Period | ¥934 million (end of FY2026, ending March 2026) | ¥925 million (end of FY2025, ending March 2025) | ↑ |
Business Details
Operates the Printing-related Business as a single segment, comprising three divisions: Product Production, Printing, and Merchandise. The Printing division provides a one-stop service from planning through DTP, printing, processing, and delivery, accounting for approximately 84% of sales. The company is also advancing into environmental and digital domains, including carbon offset-related services (Carbon Neutral Print and Carbon Zero Print) and the Digital Marketing Business. From April 2026, it launched the Total Logistics Service "PuriLogi" at the Hanno Printing Center BASE.
Recent Overview
In FY2026 (ending March 2026), the company achieved higher sales and profits, with operating margin improving from 1.3% to 2.1%
In FY2026 (ending March 2026), net sales were ¥4,830 million (up 2.2% year on year) and operating income was ¥102 million (up 69.3% year on year), representing a significant increase in profit. This was driven by printing sales of ¥4,046 million (up 2.7% year on year) and product production sales of ¥783 million (up 2.9% year on year). Operating cash flow improved significantly to ¥138 million from ¥14 million in the prior period, supported by a decrease in accounts payable (¥97 million) and improved collection of accounts receivable. The equity ratio rose to 60.6%. For FY2027 (ending March 2027), the company forecasts net sales of ¥5,000 million and operating income of ¥110 million.
Key Products
Growth Drivers
- Sales growth through expansion of sales channels for carbon offset (Carbon Neutral Print and Carbon Zero Print) and other sustainability-related services
- New customer development and deepening of existing customer relationships leveraging the Printing One-Stop Service system
- Provision of added value through the fusion of print and digital via the Digital Marketing Business and Flat-Rate Web Service
- Cost reduction and profitability improvement through enhanced production efficiency and promotion of in-house production
- Creation of a new revenue source through the Total Logistics Service "PuriLogi" launched in April 2026
Risks
- Structural market contraction due to the ongoing digitalization of printed materials and declining advertising demand
- Upward pressure on cost of sales due to soaring raw material prices (paper, ink, etc.)
- Growing difficulty in maintaining production systems due to labor shortages and challenges in recruiting younger workers
- Increased procurement costs and uncertain outlook due to unstable international conditions, yen depreciation, and inflation
- The FY2027 (ending March 2027) operating income forecast of ¥110 million remains at a low level, and continued structural improvement in profitability remains a challenge
Last updated: June 26, 2026

