Maruzen CHI Holdings Co., Ltd.JP:3159Stock Price

Market cap
¥31.7B
P/E ratio
12.9x
Maruzen CHI Holdings operates bookstores, supports libraries, and publishes academic books through 34 subsidiaries serving universities, schools, and public institutions across Japan.

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Business Overview

Maruzen CHI Holdings was established in 2010 through a joint stock transfer between Maruzen Co., Ltd. and Library Distribution Center Co., Ltd. The company currently operates 34 subsidiaries and 4 affiliated companies, with business divisions in educational market sales, retail and online sales, library support services, publishing, and other operations.

In the educational market sales division, Maruzen Yushodo Co., Ltd. sells academic books and materials to universities, government agencies, corporate libraries, and public libraries. The company also provides design and construction services for library and classroom facilities. Library Distribution Center Co., Ltd. handles the sale and processing of library books, as well as the creation and sale of bibliographic data.

In retail and online sales, Maruzen Junkudo Bookstore Co., Ltd. and Junkudo Bookstore Co., Ltd. operate stores in major cities selling books and stationery. The division also provides information services through communication networks.

In library support services, Maruzen Yushodo Co., Ltd. and Library Distribution Center Co., Ltd. undertake operational management of public and university libraries under designated manager systems.

In publishing, Maruzen Publishing Co., Ltd. publishes academic and specialized books, while Iwasaki Shoten Co., Ltd. publishes children's books and library materials. Maruzen Planet Co., Ltd. provides planning, editing, and production services for publications.

Other operations include Maruzen Yushodo Co., Ltd. providing design and construction services for bookstore and stationery shop facilities, and Library Distribution Co., Ltd. handling book warehousing and distribution. Global Solution Service Co., Ltd. offers telecommunications equipment repair, network configuration, and application development. Asuka Co., Ltd. provides childcare worker dispatch and daycare center management services. Maruzen Research Service Co., Ltd. plans and operates "Maruzen Research," a cloud-based research tool utilizing accounting and tax reference materials.

Management Policy

Maruzen CHI Holdings aims to be a corporate group that drives innovation in the creation and distribution of knowledge. Established in 2010, the company has since pursued integration with bookstore and library-related businesses, strengthening its brand. Through efficient operations and brand leverage, it seeks growth and expanded profitability.

The company's medium-term management plan is based on three pillars: "promoting utilization of group assets," "creating growth areas," and "transforming revenue structure." This approach aims to build a management foundation that enables sustainable growth even in an era of change and diversity.

Maruzen CHI Holdings targets revenue of 200 billion yen, operating profit of 8.5 billion yen, and net profit of 5 billion yen by 2029. The company also plans to achieve ROE of 7.5% or higher and PBR of 1.0x or higher. Business transformation initiatives are underway to achieve these targets.

In the educational market sales business, the company focuses on providing learning opportunities through AI technology. It supplies digital educational materials and e-library systems to schools, research institutions, and corporations, supporting the digitalization of education.

In the store and online sales business, the company integrates physical stores with online services to enhance customer experience value. It pursues new customer acquisition through online events and diversified business formats.

In the library support business, the company improves operational efficiency of public libraries and conducts pilot projects using AI and robotics. It prioritizes talent recruitment and development while expanding the scope of support services.

In the publishing business, the company expands utilization of children's books and specialized publications through digital technology. It advances media mix strategies and promotes development of high-value-added content.

In other businesses, the company operates childcare worker dispatch services and unlimited reading services for accounting and tax publications, exploring new business areas. It continues investment including M&A to drive growth.

The company also emphasizes human capital management and sustainability initiatives. Through cultivating diverse talent and advancing business operations responsive to regional community needs, it pursues sustainable growth.