The Japan Times looks at the long-term trend of a shrinking publishing business in Japan. (Note carefully that they include books, magazines and manga together in a single category.) With sales of approximately $18.365 billion annually (2.08 trillion yen) sales are falling about three percent a year, and are down 21 percent since 1996. Readership is dropping, and so are the number of sales outlets: “Hundreds of small and midsize bookstores have closed in recent years. The number of shops belonging to the Japan Booksellers Federation, a national industry group of bookstores selling newly published books, came to 5,869 in […]
