NAKABAYASHI CO.,LTD.
7987・Standard Market・Other Products
Business Process Solutions
The Group's largest segment, handling BPO, printing, and Library Solutions among others
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (full year) | ¥29,618 million | ¥31,133 million | ↓ |
| Operating profit (full year) | ¥1,135 million | ¥873 million | ↑ |
| Segment assets | ¥23,727 million | ¥25,749 million | ↓ |
| Depreciation | ¥848 million | ¥879 million | ↓ |
| Capital expenditure (increase in tangible and intangible fixed assets) | ¥752 million | ¥757 million | — |
Business Details
Operates BPO services covering printing, data printing, and bookbinding, along with Library Solutions, Data Print Services, and manufacturing/sales of Corporate Diaries & Printed Materials, as well as staffing services. Major subsidiaries include Woman Staff Co., Ltd. (staffing services and outsourced library operations), Nippon Tsushinshi Co., Ltd. (outsourcing, CBT examinations, printing), Matsumoto Collotype Kogeisha Co., Ltd. (Graduation Albums), Hakkosha Co., Ltd. (seal printing), and International Chart Co., Ltd. (label paper). The business is primarily order-based production, with book binding, Corporate Diaries & Printed Materials, and Data Print Services being the main order categories.
Recent Overview
Net sales decreased 4.9% year on year, but operating profit increased 30.0% due to a focus on profitability and promotion of in-house production
In FY2026 (ending March 2026), net sales decreased to ¥29,618 million (down 4.9% year on year), but operating profit increased significantly to ¥1,135 million (up 30.0% year on year), driven by profitability-focused order selection, in-house development of systems, price revisions, and cost reductions from consolidating manufacturing into Nakabayashi Factory. The decline in order amounts due to intensifying bid competition in the BPO market was offset by the acquisition of large-scale and proposal-type projects and improved profitability.
Key Products
Growth Drivers
- Improved profitability and enhanced comprehensive proposal capability through in-house development of systems in BPO services
- Improved profit margin through profitability-focused order selection (strategic shift from sales focus to profit focus)
- Increase in outsourced library operation contracts and acquisition of highly specialized projects such as bookshelf relocation support
- Expansion of high-unit-price orders for medical and transportation company applications in the Seals & Labels field and margin improvement through in-house production
- Expansion of orders for eco-friendly paper packaging materials (such as paper-based multi-tiered food containers) and capturing demand for plastic reduction
- Rationalization and cost ratio improvement through consolidation of Graduation Albums manufacturing divisions (into Nakabayashi Factory)
- Acquisition of new high-margin orders with high creative value linked to DX
Risks
- Structural decline in sales of diaries, envelopes, and general printed materials due to progress of paperless trends
- Risk of declining order amounts due to intensifying bid competition in the BPO market (sales down 4.9% in FY2026)
- Rising manufacturing costs due to soaring raw material and energy prices
- Declining trend in order volume for bookbinding business (the decline has been mitigated by price revisions, but structural challenges persist)
- Risk of supply constraints in the labor-intensive BPO business due to labor shortages
Last updated: June 25, 2026