Industry map/Healthcare & Consumer Goods
Stationery & Office Supplies industry map
Who earns the money in Stationery & Office Supplies, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 29 companies · ¥2.15T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥2.15T
- Companies
- 29
- Avg. salary（parent only）
- ¥6.8M
- Industry weather
- Sunny
YoY +5.3%
Avg. age 41.8
Operating income +10.6%
Askul[2678]
E-commerce
- Revenue
- ¥472.2B▲2.1%
- Operating income
- ¥14.3B▼16.6%
Margin 3.0%
Whole company: Revenue ¥481.1B · Net income ¥9.07B
Avg. salary ¥7.1M · 41.3（parent only）
Otsuka[4768]
Service and support business
- Revenue
- ¥419.9B▲10.5%
- Operating income
- ¥29.5B▲31.9%
Margin 7.0%
Whole company: Revenue ¥1.32T · Net income ¥64.3B
Avg. salary ¥10.3M · 42.0（parent only）
Lion Office Products[423A]
- Revenue
- ¥37B▲6.1%
- Operating income
- ¥1.19B▲9.2%
Margin 3.2%
Avg. salary ¥5.8M · 41.8（parent only）
- Otsuka owns 40.2%
Kokuyo[7984]
Furniture businesses + 2 more
- Revenue
- ¥336B▲5.9%
- Operating income
- ¥38.7B▲14.2%
Margin 11.5%
Whole company: Revenue ¥359.9B · Net income ¥21.5B
Avg. salary ¥7.9M · 41.5（parent only）
Okamura[7994]
Office Furniture business
- Revenue
- ¥191.9B▲14.6%
- Operating income
- ¥22.6B▲30.3%
Margin 11.8%
Whole company: Revenue ¥329B · Net income ¥22.4B
Avg. salary ¥8.5M · 42.1（parent only）
Pilot[7846]
America + 3 more
- Revenue
- ¥126.4B▲0.2%
- Operating income
- ¥16.5B▼6.3%
Margin 13.1%
Whole company: Revenue ¥126.4B · Net income ¥12.1B
Avg. salary ¥7.5M · 43.5（parent only）
Itoki[7972]
Workplace business
- Revenue
- ¥111.5B▲9.1%
- Operating income
- ¥11B▲36.7%
Margin 9.9%
Whole company: Revenue ¥153.7B · Net income ¥9.38B
Avg. salary ¥7.6M · 42.0（parent only）
Mitsubishi Pencil[7976]
Writing Instruments peripheral products business and writing instruments
- Revenue
- ¥87.4B▲1.0%
- Operating income
- ¥9.48B▼21.0%
Margin 10.9%
Whole company: Revenue ¥89.8B · Net income ¥6.24B
Avg. salary ¥8.3M · 40.9（parent only）
Casio Computer[6952]
Consumer
- Revenue
- ¥82.1B▼0.0%
- Operating income
- ¥3.42B▲57.8%
Margin 4.2%
Whole company: Revenue ¥276.3B · Net income ¥18.2B
Avg. salary ¥8.4M · 44.6（parent only）
Uchida Yoko[8057]
Office related
- Revenue
- ¥59.4B▲5.5%
- Operating income
- ¥1.99B▲22.7%
Margin 3.3%
Whole company: Revenue ¥337.1B · Net income ¥9.82B
Avg. salary ¥7.8M · 40.6（parent only）
Nakabayashi[7987]
Consumer communication
- Revenue
- ¥30.6B▲1.4%
- Operating income
- ¥1.81B▲53.6%
Margin 5.9%
Whole company: Revenue ¥61.6B · Net income ¥1.93B
Avg. salary ¥5.5M · 42.7（parent only）
Mitsui Matsushima Holdings[1518]
Consumer goods
- Revenue
- ¥27.1B▲1.3%
- Operating income
- ¥2.46B▲3.6%
Margin 9.1%
Whole company: Revenue ¥65.5B · Net income ¥6.72B
Avg. salary ¥11M · 44.6（parent only）
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Nichiban · King JIM · MAX · ktk · Takano · Inaba Seisakusho · Noritsu Koki · Lihit LAB. · Hobonichi · Fujicopian · Kurogane Kosakusho · AuBEX · Bunkeido · Nihon ISK · The Sailor Pen · Hyper · Chuo Malleable Iron
The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).
Who earns the money
Area = revenue from businesses in this industry. Color = operating margin.
Who makes a profit
Across = revenue (log scale), up = operating margin, bubble size = operating income.
Ranking and momentum
| Rank | Company (business) | Revenue | Share | Op. margin | CAGR | FCF* |
|---|---|---|---|---|---|---|
| 1 | AskulE-commerce | ¥472.2B | 21.9% | 3.0% | +3.4% | -¥2.54B |
| 2 | OtsukaService and support business | ¥419.9B | 19.5% | 7.0% | +6.3% | ¥72.2B |
| 3 | KokuyoFurniture businesses + 2 more | ¥336B | 15.6% | 11.5% | +2.7% | ¥3.1B |
| 4 | OkamuraOffice Furniture business | ¥191.9B | 8.9% | 11.8% | +8.1% | ¥16.4B |
| 5 | PilotAmerica + 3 more | ¥126.4B | 5.9% | 13.1% | +5.2% | ¥5.48B |
| 6 | ItokiWorkplace business | ¥111.5B | 5.2% | 9.9% | +8.5% | ¥2.92B |
| 7 | Mitsubishi PencilWriting Instruments peripheral products business and writing instruments | ¥87.4B | 4.1% | 10.8% | +10.0% | -¥3.52B |
| 8 | Casio ComputerConsumer | ¥82.1B | 3.8% | 4.2% | +0.3% | ¥13.6B |
| 9 | Uchida YokoOffice related | ¥59.4B | 2.8% | 3.3% | +6.4% | -¥1.42B |
| 10 | Lion Office Products | ¥37B | 1.7% | 3.2% | -6.3% | -¥322M |
| 11 | NakabayashiConsumer communication | ¥30.6B | 1.4% | 5.9% | +9.5% | ¥2.63B |
| 12 | Mitsui Matsushima HoldingsConsumer goods | ¥27.1B | 1.3% | 9.1% | — | ¥3.31B |
| 13▲1 | NichibanTape business | ¥25.5B | 1.2% | 3.2% | +1.5% | ¥469M |
| 14▼1 | King JIMStationery and office supply | ¥25.2B | 1.2% | 1.5% | -2.4% | ¥578.3M |
| 15 | MAXOffice equipment | ¥21.4B | 1.0% | 16.7% | +3.7% | ¥11.4B |
| 16 | ktkSupply | ¥14.6B | 0.7% | 5.7% | — | ¥202.6M |
| 17▲1 | TakanoLiving and Life relating Equipment | ¥13.4B | 0.6% | 5.7% | +2.6% | -¥323.8M |
| 18▼1 | Inaba SeisakushoOffice furniture | ¥12.7B | 0.6% | 2.5% | +2.6% | ¥334.5M |
| 19 | Noritsu KokiParts / Materials | ¥11.7B | 0.5% | 23.6% | -1.1% | ¥17B |
| 20 | Lihit LAB.Office Supplies business | ¥8.68B | 0.4% | 2.3% | +1.3% | -¥1.38B |
| 21▲1 | Hobonichi | ¥8.68B | 0.4% | 7.1% | +11.4% | -¥218.9M |
| 22▼1 | FujicopianCharacter printing recording media and office consumables related business | ¥8.04B | 0.4% | — | -0.3% | -¥475.3M |
| 23 | Kurogane KosakushoFurniture related | ¥4.72B | 0.2% | 6.3% | -6.6% | -¥977K |
| 24 | AuBEXTechnological products | ¥4.24B | 0.2% | 18.1% | +1.0% | -¥113.9M |
| 25 | BunkeidoSchool teaching tools | ¥3.75B | 0.2% | 11.0% | -0.1% | ¥58.7M |
| 26 | Nihon ISKBook room and locker related business + 1 more | ¥3.68B | 0.2% | 11.9% | +2.7% | ¥351.4M |
| 27 | The Sailor PenStationery division | ¥3.34B | 0.2% | 1.7% | -1.6% | -¥41.2M |
| 28 | HyperAskul agent business | ¥1.2B | 0.1% | 10.0% | -40.0% | ¥804.2M |
| 29 | Chuo Malleable IronMetal furniture | ¥1.15B | 0.1% | 4.2% | +5.5% | ¥1.88B |
* FCF is company-wide (not disclosed by segment). CAGR covers the available years, up to five.
How they make money differently
Where each company's ¥100 of sales goes, and how much it keeps (company-wide).
- Cost of sales
- Operating costs
- SG&A
- Operating profit
- MAX513217
- Noritsu Koki8317
- Mitsui Matsushima Holdings622414
- Pilot493813
- Mitsubishi Pencil503911
- AuBEX672310
- Itoki58339
- Casio Computer56368
- Otsuka81127
- Kokuyo60337
- Okamura66277
- Hobonichi43507
- Bunkeido5737
- Nakabayashi7322
- Nichiban7025
- Uchida Yoko8412
- Inaba Seisakusho7620
- Askul7621
- Lion Office Products7621
- Takano7621
- ktk7721
- King JIM6336
- Lihit LAB.6634
- Kurogane Kosakusho7626loss ¥2
- Fujicopian7924loss ¥3
Showing the 25 largest companies by revenue.
Ownership links
From the major-shareholder section of annual securities reports.
- LINEヤフー株式会社Outside
- AffiliateAskul46.9%
- OtsukaIn industry
- AffiliateLion Office Products40.2%
- 昭和化学工業㈱Outside
- StakeAuBEX15.6%
- KokuyoIn industry
- StakeTakano14.1%
- 若築建設㈱Outside
- StakeAuBEX14.0%
- 日本製鉄株式会社Outside
- StakeOkamura5.6%
- トヨタ自動車株式会社Outside
- StakeChuo Malleable Iron5.0%
- StakeBunkeido4.9%
- 株式会社群馬銀行Outside
- StakeMAX3.8%
- サンメッセ株式会社Outside
- StakeBunkeido3.0%
The company on each card is a major shareholder of the companies listed under it (latest 'major shareholders' disclosure). 50%+ is labelled subsidiary and 20%+ affiliate, based on ownership alone. Stakes under 3% are omitted.
Compare the leaders side by side
All companies in Stationery & Office Supplies (by revenue)
All 29 companies in this industry, ranked by revenue in each company's latest fiscal year. For companies that belong through one business segment, the figure is that segment's revenue.
- Otsuka¥419.9B · 7.0%
- Askul¥393.1B · -4.1%
- Kokuyo¥336B · 11.5%
- Okamura¥191.9B · 11.8%
- Pilot¥126.4B · 13.1%
- Itoki¥111.5B · 9.9%
- Mitsubishi Pencil¥87.4B · 10.8%
- Casio Computer¥82.1B · 4.2%
- Uchida Yoko¥59.4B · 3.3%
- Lion Office Products¥37B · 3.2%
- Nakabayashi¥30.6B · 5.9%
- Mitsui Matsushima Holdings¥27.1B · 9.1%
- Nichiban¥25.5B · 3.2%
- King JIM¥24.9B · 2.6%
- MAX¥21.4B · 16.7%
- ktk¥14.6B · 5.7%
- Takano¥13.4B · 5.7%
- Inaba Seisakusho¥12.7B · 2.5%
- Noritsu Koki¥11.7B · 23.6%
- Lihit LAB.¥8.68B · 2.3%
- Hobonichi¥8.68B · 7.1%
- Fujicopian¥8.04B
- Kurogane Kosakusho¥4.72B · 6.3%
- AuBEX¥4.24B · 18.1%
- Bunkeido¥3.75B · 11.0%
- Nihon ISK¥3.68B · 11.9%
- The Sailor Pen¥3.34B · 1.7%
- Hyper¥1.2B · 10.0%
- Chuo Malleable Iron¥1.15B · 4.2%
Revenue · Op. margin
Related industries
Analyze this page with AI
Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.