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 CNET, Engadget, Huffington Post and Verge.