Printnet

Basic Information

Stock Code
7805
Industry
Other Products
Category Detail
Professional Services for Businesses
Prefecture
Kagoshima Prefecture
Establishment Year
July 1987
Listing Year
October 2018
Official Website
https://printnet.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Happiness & D, Neo Marketing, JMACS, KYORITSU, C.S. Lumber, Nippon Sohatsu Group, Virco Holdings, Kosaido Holdings, Takeda iP Holdings, ProNexus, Sonocom, TOPPAN Holdings, Dai Nippon Printing, Kyodo Printing, TAKARA & COMPANY, Asahi Chemical Industry, Nepon, Japan I.S.K., Nakabayashi, Kurogane Kosakusho

Overview

Printnet, established in 1987, is a leading company in Japan's online printing services sector.

Current Situation

Printnet recorded sales of approximately ¥9.6 billion and net profit of approximately ¥400 million in FY2023, continuing solid management. Its mainstay is internet mail-order sales of printed materials manufactured in its own factories, with a nationwide customer base. In recent years, to expand its business, it acquired the printing mail-order businesses of With Printing and Shinkōsha, broadening its service scope. In 2020, it closed its inefficient Kansai factory to improve business efficiency. Aiming for sustainable growth, it focuses on utilizing digital technology and improving service quality. In 2022, it relocated its head office back to Kagoshima, strengthening regional community-based management. Challenges include the shrinking domestic printing market and intensifying competition, but it differentiates through enhanced online sales convenience and customer satisfaction. Moving forward, it aims to build a stable revenue base through new customer acquisition and business diversification.

Trivia

Interesting Facts

  • Printing company founded in 1968 with over 40 years of history.
  • Significant growth through acquisition of With Printing business.
  • One of the few printing mail-order companies headquartered in Kagoshima Prefecture.
  • Operates Tokyo West 1st and 2nd factories in Uenohara City, Yamanashi Prefecture.
  • In 2022, relocated Tokyo head office functions back to Kagoshima.
  • Mail-order specialized business with 265 employees.
  • Paid-in capital exceeding ¥800 million, with a stable financial base.
  • Major shareholders are PN Corporation and founder Mr. Odawara.
  • Operates printing mail-order site 'Net de Com'.
  • High customer satisfaction through regional community-based manufacturing and sales.
  • Capable of providing integrated services from plate-making to bookbinding.
  • Strength in order reception system utilizing the internet.
  • Expanded printing and bookbinding business lineup through business transfers.
  • Appeals to customers through unique brand deployments.
  • Nationwide expansion from Kagoshima base, contributing to regional revitalization.

Hidden Connections

  • Strengthened regional printing market collaboration through business acquisition with With Printing.
  • PN Corporation as lead shareholder contributes to management stability.
  • Uenohara factory serves as an important distribution base near the Tokyo metropolitan area.
  • Engages in manufacturing collaboration within Kagoshima's printing industry.
  • In-house brand PrintPro has high reliability in the industry.
  • Actively participates in regional environmental conservation activities, improving corporate image.
  • Expanded customer segments through acquisition of Net de Com business from Shinkōsha.
  • President Yōichi Odawara holds key positions in Kagoshima regional business associations.

Future Outlook

Growth Drivers

  • Expansion of internet mail-order market
  • Increasing demand for small-lot, multi-variety printing
  • Efficiency gains from evolution of digital printing technology
  • Growing needs for customized printed materials
  • Activation of demand from regional companies amid local revitalization
  • Rising customer interest in environmentally friendly products
  • Expansion of personalized printing services
  • Improved delivery efficiency through advanced logistics networks
  • Customer acquisition through strengthened online marketing
  • Provision of marketing tools for diverse industries

Strategic Goals

  • Grow into one of Japan's top online mail-order printing companies
  • Achieve annual sales exceeding ¥15 billion
  • Obtain environmental ISO certification at all factories
  • Balance regional community-based management with nationwide sales network
  • Maximize customer satisfaction through product quality improvement and delivery shortening
  • Establish and promote sustainable printing technology
  • Expand into new business areas and diversify revenue
  • Promote business efficiency and cost reduction through IT utilization
  • Establish symbiotic model with local communities
  • Build and maintain strong brand value

Business Segments

Corporate Promotional Printing

Overview
Provision of various printed materials and related services to support corporate promotional activities.
Competitiveness
Integrated production system from online ordering to high-quality in-house factory
Customers
  • Small and medium enterprises
  • Advertising agencies
  • Event organizers
  • Educational institutions
  • Medical institutions
  • Public organizations
  • Restaurants
  • Real estate companies
  • Manufacturers
  • Retailers
  • Service providers
  • Logistics companies
  • Tourism companies
  • Financial institutions
  • Staffing agencies
Products
  • Catalog printing
  • Flyers
  • Posters
  • Pamphlets
  • Business cards
  • Shop cards
  • Envelopes
  • Invoices
  • Calendars
  • Novelty printing
  • Stickers
  • Postcards
  • Label printing
  • Clear files
  • Various printing consultation services

Publishing and Manufacturing Printing Services

Overview
Plate-making, bookbinding technology, and printing services to meet specialized and diverse printing needs.
Competitiveness
Advanced plate-making technology and immediate order response capability
Customers
  • Publishers
  • Manufacturers
  • Printing companies
  • Publishing planning companies
  • Design offices
  • Promotion companies
  • Educational publishers
  • Marketing companies
  • Exhibition planning companies
  • Local government PR departments
Products
  • Plate-making services
  • Bookbinding services
  • Color printing
  • Booklet printing
  • Technical document printing
  • Illustration production support
  • Large-format printing
  • Label and sticker printing
  • Special processing printing
  • Electronic data conversion

OEM and Consulting Services

Overview
Provision of production agency and business efficiency support services tailored to customer needs.
Competitiveness
Efficient production support through flexible customization and IT integration
Customers
  • Printing companies
  • Advertising agencies
  • EC operators
  • Retail chains
  • Brand companies
  • Event planning companies
  • System integrators
  • Marketing agencies
  • Logistics operators
  • Corporate training institutions
Products
  • OEM printing production
  • Order management system provision
  • Customer order site construction
  • Logistics and delivery agency
  • Cost reduction proposals
  • Market research collaboration
  • Print process optimization
  • Technical education support
  • Quality management support
  • Delivery shortening service

Competitive Advantage

Strengths

  • In-house factory integrated production system
  • Sales channels specialized in internet mail-order
  • Regional dispersion and efficient operations through multiple sites
  • Abundant lineup of printing products
  • Rapid order response unique to mail-order specialization
  • Stable financial base
  • Strong customer base with many repeat customers
  • High-specialty printing technology
  • Multiple brand deployments
  • Business expansion through past acquisitions
  • Regional community-based management
  • Integrated system including plate-making and bookbinding
  • Long years of mail-order experience
  • Adoption of diverse sales channels
  • Effective operations through IT technology utilization

Competitive Advantages

  • High convenience and low prices possible as online specialist
  • Shortened delivery times through multi-site domestic manufacturing
  • Abundant customer choices through diverse product offerings per brand
  • Market share expansion effect from business acquisitions
  • Prompt customer response and enriched customer service
  • Improved ordering efficiency through advanced online systems
  • Enhanced comprehensiveness by integrated plate-making and bookbinding services
  • High evaluation for contributing to regional revitalization with Kagoshima HQ
  • Strength in handling affordable small-lot printing
  • Stable revenue through long-term customer relationship building
  • High cost competitiveness through IT integration and automation
  • Comprehensive coverage of diverse product categories to meet varied demands
  • Market expansion through operation of printing mail-order site 'Net de Com'
  • Delivery cost reduction through logistics efficiency
  • Customer trust gained through thorough print quality management

Threats

  • Shrinking trend in the printing industry market
  • Intensifying competition with major competitors
  • Impact of substitution by digital media
  • Risk of fluctuations in raw material prices
  • Excessive competition in internet mail-order
  • Difficulty in securing talent and aging workforce
  • Pressure from rising logistics costs
  • Risk of regional economic fluctuations
  • Risk of production halt due to natural disasters
  • Increasing customer price orientation
  • Decline in competitiveness due to lag in technological innovation
  • Risk of supply chain disruption

Innovations

2023: Acquisition of With Printing's business

Overview
Acquired the printing and bookbinding business of With Printing, which was undergoing civil rehabilitation.
Impact
Achieved business scale expansion and improved production capacity.

2023: Acquisition of Shinkōsha's printing mail-order site business

Overview
Acquired the Net de Com business to strengthen the printing mail-order domain.
Impact
Promoted customer base expansion and sales channel diversification.

2021: Online ordering system overhaul

Overview
Completely revamped the ordering platform to improve usability.
Impact
Contributed to improved customer satisfaction and increased repeat rate.

2020: Kansai factory closure and business consolidation

Overview
Consolidated production sites to build an efficient business operation system.
Impact
Achieved cost reduction and improved production efficiency.

Sustainability

  • Promotion and reduction of waste recycling
  • Active adoption of environmentally friendly inks
  • Introduction of energy-saving equipment in factories
  • Acquisition of environmental ISO certification
  • Participation in local Kagoshima regional environmental conservation activities