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 2021 results

About 59% of Starts Publishing's sales come from publication, with Media Solution making up much of the rest.

Out of every ¥100 of sales, about ¥15 is left as operating profit.

Revenue changed +26.1% from the prior year, operating profit +381.5%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +26.1% · profit +381.5%, calculated from disclosed figures.

Operating leverage: 14.61× (profit growth ÷ revenue growth)

What changed from last year

FY ending Dec 2020 → FY ending Dec 2021

Revenue
+26.1%¥4.43B → ¥5.59B
Gross profit
+60.4%¥1.66B → ¥2.67B
Operating income
+381.5%¥169.3M → ¥815.3M
Operating cash flow
+1859.2%¥61.8M → ¥1.21B
Free cash flow
Back to profit-¥35.7M → ¥1.17B

Where the money goes

FY ending Dec 2020 → FY ending Dec 2021

Where ¥100 of sales goes

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

FY ending Dec 2021
Cost of sales
¥52
SG&A
¥32
Other costs
¥1
Operating profit
¥15
Net profit kept
¥10

Annual margin trends

Gross margin47.7%
FY ending Dec 2019: 43.5%43.5%FY ending Dec 2020: 37.5%37.5%FY ending Dec 2021: 47.7%47.7%FY19FY20FY21
Operating margin14.6%
FY ending Dec 2019: 11.7%11.7%FY ending Dec 2020: 3.8%3.8%FY ending Dec 2021: 14.6%14.6%FY19FY20FY21
Net margin10.1%
FY ending Dec 2019: 8.5%8.5%FY ending Dec 2020: 3.9%3.9%FY ending Dec 2021: 10.1%10.1%FY19FY20FY21

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 2021

Profit by segment

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

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第43期(2025/01/01-2025/12/31)

    ID S100XSPB2026-03-23Open
  • 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: 43 / Derived from other figures: 2

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