TOKYO, Sep 10 (News On Japan) –
Bookstores throughout Japan proceed to shut, and publishers are dealing with equally harsh enterprise circumstances. According to non-public analysis agency Teikoku Databank, 36.2% of publishers posted losses final fiscal 12 months, the best proportion previously 20 years.
More than 60% of publishers have seen their efficiency deteriorate.
The analysis agency predicts that bankruptcies and closures amongst small and medium-sized publishers, whose monetary well being has been eroded by rising costs, will enhance sooner or later.
Source: ANN