Starts PublishingStarts Publishing Corporation7849東証スタンダード情報・通信業FY ending Dec 2025, non-consolidated, J-GAAP

Starts Publishing FY ending Dec 2020 results

About 25% of Starts Publishing's sales come from publication, with Posting Contents Division and Tokyo Marketing Division making up much of the rest.

Out of every ¥100 of sales, about ¥4 is left as operating profit.

Revenue changed -9.5% from the prior year, operating profit -70.6%.

Revenue and profit pattern

Revenue and profit down

Revenue -9.5% · profit -70.6%, calculated from disclosed figures.

Operating leverage: 7.40× (profit growth ÷ revenue growth)

What changed from last year

FY ending Dec 2019 → FY ending Dec 2020

Revenue
-9.5%¥4.9B → ¥4.43B
Gross profit
-22.0%¥2.13B → ¥1.66B
Operating income
-70.6%¥575.1M → ¥169.3M
Operating cash flow
-87.7%¥501.2M → ¥61.8M
Free cash flow
-108.4%¥426.6M → -¥35.7M

Where the money goes

FY ending Dec 2019 → FY ending Dec 2020

※ Segment revenues include inter-segment sales and are scaled to consolidated revenue

Where ¥100 of sales goes

For every ¥100 Starts Publishing sells, how much goes where, and how much is kept.

FY ending Dec 2020
Cost of sales
¥63
SG&A
¥33
Operating profit
¥4
Net profit kept
¥4

Annual margin trends

Gross margin37.5%
FY ending Dec 2019: 43.5%43.5%FY ending Dec 2020: 37.5%37.5%FY19FY20
Operating margin3.8%
FY ending Dec 2019: 11.7%11.7%FY ending Dec 2020: 3.8%3.8%FY19FY20
Net margin3.9%
FY ending Dec 2019: 8.5%8.5%FY ending Dec 2020: 3.9%3.9%FY19FY20

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Dec 2020

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (5)
  • EDINET (FSA Japan)

    有価証券報告書-第42期(2024/01/01-2024/12/31)

    ID S100VH6F2025-03-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第41期(2023/01/01-2023/12/31)

    ID S100T54I2024-03-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第40期(2022/01/01-2022/12/31)

    ID S100QHKW2023-03-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第39期(令和3年1月1日-令和3年12月31日)

    ID S100NQOP2022-03-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第38期(令和2年1月1日-令和2年12月31日)

    ID S100L1LV2021-03-26Open

Extracted from XBRL: 42 / Derived from other figures: 2

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