Shinchosha Publishing Company was founded in 1896 and publishes general literature, fiction, nonfiction, fine arts, philosophy and dictionaries as well as manga. Shinchosha has published many books by Nobel Prize winners and candidates including Kobo Abe, Yasunari Kawabata, Kenzaburo Oe, and Haruki Murakami. Shinchosha began exporting translations 15 years ago, and though it is active mainly in the Asian market, it is gradually expanding its activities into a wider area including Europe. Eighty Shinchosha titles are translated into foreign languages every year, with the number increasing annually.
Shinchosha sponsors four prizes including the Fantasy Novel award. The prizes are collectively known as the Four Shincho Prizes after Shincho Yonsho. President Takanobu Sato runs the family owned company in its fourth generation.
Analysis & Key Developments
Allthough revenues at Shinchosha Publishing were largely flat over the past several years between 21 and 22 billion JPY over the past several years, there was a drop in fiscal 2016 to 18 billion JPY.