Japanese manga has been in a state of decline for the past twenty years and in 2017 sales decreased 12% from the same period in 2016. Despite the decline, manga is still huge business and overall sales amounted to 600 billion yen, which is around $5.34 billion US. Lite Novels, books and magazines generated 1.37 trillion yen, which is around $12.20 billion US, a 52% decline since the market peak in 1996.
Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about audiobooks and e-readers for the past ten years. His articles have been picked up by major and local news sources and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times.