Japanese publisher, Shueisha, reported their very first annual loss earlier in the week, amounting to 4.18 billion yen (approx. $49 million).

 

https://www.siliconera.com/wp-content/uploads/2010/08/shounen_jump.jpg Shueisha’s fiscal year runs from June 1st to May 31st. During this period, the company’s advertising revenue dropped by 24.8%. Sales of manga, however, rose by 2.8%, owing to both higher sales of Shounen Jump and individual volumes of manga.

 

Despite their losses, Shueisha had a better year than both Kodansha and Shogakukan, both of which posted losses as well. In terms of revenue, Shueisha have overtaken Kodansha as the largest Japanese manga publisher.

Ishaan

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