SE Holdings and Incubations Co., Ltd.
9478・Standard Market・Information & Communication
SE Holdings and Incubations Co., Ltd.
9478・Standard Market・Information & Communication
Publishing Business
The group's largest segment, centered on specialized IT/business publishing, with Web media and events also offered
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥4,026 million | ¥4,376 million | ↓ |
| Segment profit (operating profit) | ¥524 million | ¥740 million | ↓ |
| Segment assets | ¥3,247 million | ¥3,429 million | ↓ |
| Depreciation | ¥17 million | ¥19 million | ↓ |
| Capital expenditures | ¥4 million | ¥13 million | ↓ |
| Net sales to main customer (TOHAN) | ¥708 million | ¥771 million | ↓ |
Business Details
This segment centers on the publication and sale of general books, translated foreign books, and e-books related to IT, business, design, and culture, and also operates a direct-sales website for books, Web media business including Web magazine operation and provision of Web advertising media, and an Events for IT Engineers Business. It is the group's largest segment, accounting for approximately 57% of consolidated group net sales. The main sales channel is TOHAN Corporation (net sales to this customer were ¥708 million in the fiscal year under review). As part of business restructuring, the segment is promoting the slimming down of the print book business and inventory reduction.
Recent Overview
Events and online advertising remained solid, but print book slimming led to both lower sales and profit year on year
In the Publishing Business for FY2026 (ending March 2026), event sales for IT engineers trended solidly and online advertising revenue also showed a recovery trend; however, the main factor was the slimming down of the print book business and inventory reduction as part of business restructuring, resulting in net sales of ¥4,026 million (down 8.0% year on year) and segment profit of ¥524 million (down 29.1% year on year), representing a decline in both sales and profit. Capital expenditures were sharply reduced to ¥4 million from ¥13 million in the prior year, clearly reflecting a policy focused on asset efficiency.
Key Products
Growth Drivers
- Continued demand for IT-related content amid the societal advancement of digital transformation (DX)
- Partial substitution for the decline in print books through expansion of the e-book market
- Solid trend in event sales for IT engineers
- Recovery trend in online advertising revenue
- Emergence of improved earnings structure effects from print book slimming and inventory reduction
Risks
- Continued decline in book sales due to structural contraction of the print publishing market
- Temporary earnings burden associated with print book business slimming and inventory reduction
- Decline in profit margin due to rising cost of sales and selling costs
- Risk of fluctuation in online advertising revenue
- Declining trend in net sales to the main sales customer, TOHAN Corporation (from ¥771 million to ¥708 million)
Last updated: June 18, 2026