Celsys Lists Stock on TSE
Celsys, the mobile manga industry leader, goes public on TSE with bright futures in e-reader content markets http://bit.ly/cMz3yU
Celsys Inc saw itself listed on Tokyo Stock Exchange’s second section at the beginning of the month. A big move for the startup company which specialises in providing software to manga publishers to put their comics onto mobile phones, with an ebook support infrastructure to boot.
This is a sign of both the size, and the speed of growth of the sector, growing by a quarter from 2008 to 2009 with no sign of stopping. The ebook market in Japan is currently valued at 700 million dollars year, with 90% of that from your standard phones. In comparison Kindle and iBook take only 1%.
And over 80% of those phone sales were for manga – making a yearly market for phone manga at five hundred million dollars a year. Which is more than the total amount of print comics sold by Diamond Comics in the USA last year. Full Article Here