Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-1048
¥ million (full-year operating profit forecast revision)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFY ending August 2026, third quarter8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,057 million0.0%
Operating profit¥1,696 million-19.0%
Net income¥1,121 million-18.2%
Full-year earnings forecast
Revenue
¥8,300 million
Sales of the Company's own IP
¥7,943 million
Sales of third-party IP
¥357 million
Operating profit
¥2,373 million
Adjusted EBITDA
¥2,609 million
Profit before tax
¥2,122 million
Profit for the period attributable to owners of the parent
¥1,566 million
Adjusted net income
¥1,600 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Sales of the Company's own IP have trended below the initial forecast. Meanwhile, the number of manga publications, the number of new series and hiring have generally progressed in line with the plan and forecasts.Key points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Dependence on specific IP: explained that the share of the top 10 IP by sales has been trending lower and that sales are generated across a broad range of IP
- Quarterly fluctuations and seasonality: explained that quarterly sales fluctuate depending on the release timing of the latest volumes of popular titles
- Difference in operating profit margins: explained that differences in accounting treatment, including the presentation of revenue from sales through distributors on a net basis, may be a factor
- Margin improvement in the fiscal year ended August 2025: explained that the main factor was the completion of amortization of contract-related assets, which eliminated the related amortization expense
New initiatives
- Expansion into the visual novel game market and launch of the first title, 『恋しかるべき』
- Launch of multiple game titles, including the second title, 『終末の明日亭で乾杯を。』
- Changed the release dates for Comic Gardo, with operations shifting to a twice-monthly release cycle from the fourth quarter onward
- Strengthening sales activities in Europe and North America and expanding sales in the audiobook sector
- Continued rollout of anime productions from July 2026 onward
- Release of 『ポケモン公式ぜんこく図鑑 1996-2026』
Key KPIsA metric the company considers important as a management benchmark.
- Number of manga publications (nine months ended the third quarter)145 items
- Number of Comic Gardo publications (nine months ended the third quarter)120 items
- Number of new Comic Gardo series (nine months ended the third quarter)22 items
- Number of first-volume light novel publications (third quarter)53 itemsYear on year against the same period last year31 items in the same period of the previous fiscal year
- Share of IP in the top 10 by sales (fiscal year ended August 2025)43.9 %
Segment results
Sales of the Company's own IP
¥5,912 million-0.8%
Manga
¥4,343 million-1.5%
Light novels
¥949 million-3.4%
Anime / Other
¥619 million+9.4%
Third-party IP
¥144 million+52.6%
Number of employees
Number of Employees101 people
As ofEnd of May 2026
Change during the periodIncreased by 16 through new graduate and mid-career hiring (including 11 editors)
Annual Dividend
Annual dividend per share¥44
Three months of the current quarter
Revenue
¥1,914 million
Operating profit
¥495 million
Profit for the period
¥329 million
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | FY ending August 2026, third quarter |
| Net Sales | ¥6,057 million (YoY 0.0%) |
| Operating profit | ¥1,696 million (YoY -19.0%) |
| Net income | ¥1,121 million (YoY -18.2%) |
| Three months of the current quarter | Revenue ¥1,914 million / Operating profit ¥495 million / Profit for the period ¥329 million |
| Full-year earnings forecast | Revenue ¥8,300 million / Sales of the Company's own IP ¥7,943 million / Sales of third-party IP ¥357 million / Operating profit ¥2,373 million / Adjusted EBITDA ¥2,609 million / Profit before tax ¥2,122 million / Profit for the period attributable to owners of the parent ¥1,566 million / Adjusted net income ¥1,600 million |
| Self-assessment against the plan | Sales of the Company's own IP have trended below the initial forecast. Meanwhile, the number of manga publications, the number of new series and hiring have generally progressed in line with the plan and forecasts. |
| Segment results | Sales of the Company's own IP ¥5,912 million (YoY -0.8%) / Manga ¥4,343 million (YoY -1.5%) / Light novels ¥949 million (YoY -3.4%) / Anime / Other ¥619 million (YoY +9.4%) / Third-party IP ¥144 million (YoY +52.6%) |
| Key KPIs | Indicator Number of manga publications (nine months ended the third quarter) / Value 145 items, Indicator Number of Comic Gardo publications (nine months ended the third quarter) / Value 120 items, Indicator Number of new Comic Gardo series (nine months ended the third quarter) / Value 22 items, Indicator Number of first-volume light novel publications (third quarter) / Value 53 items / Year on year against the same period last year 31 items in the same period of the previous fiscal year, Indicator Share of IP in the top 10 by sales (fiscal year ended August 2025) / Value 43.9 % |
| Number of employees | Number of Employees 101 people / As of End of May 2026 / Change during the period Increased by 16 through new graduate and mid-career hiring (including 11 editors) |
| Annual Dividend | Annual dividend per share ¥44 / Interim and Year-End Breakdown Not disclosed |
| Key points of the Q&A | Dependence on specific IP: explained that the share of the top 10 IP by sales has been trending lower and that sales are generated across a broad range of IP, Quarterly fluctuations and seasonality: explained that quarterly sales fluctuate depending on the release timing of the latest volumes of popular titles, Difference in operating profit margins: explained that differences in accounting treatment, including the presentation of revenue from sales through distributors on a net basis, may be a factor, Margin improvement in the fiscal year ended August 2025: explained that the main factor was the completion of amortization of contract-related assets, which eliminated the related amortization expense |
| New initiatives | Expansion into the visual novel game market and launch of the first title, 『恋しかるべき』, Launch of multiple game titles, including the second title, 『終末の明日亭で乾杯を。』, Changed the release dates for Comic Gardo, with operations shifting to a twice-monthly release cycle from the fourth quarter onward, Strengthening sales activities in Europe and North America and expanding sales in the audiobook sector, Continued rollout of anime productions from July 2026 onward, Release of 『ポケモン公式ぜんこく図鑑 1996-2026』 |
Items this document does not state (17)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / Share
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Sales and profit from the Company's own IP were below forecast due to slowing market growth, weaker-than-expected initial monetization of book sales growth following anime adaptations and new manga series, and timing shifts in the release of subsequent volumes of certain popular titles. Factors cited for the decline in profit for the nine months ended the third quarter included an increase in editorial staff, higher manga author fees, increased investment in visual novel game development, lower e-book sales, and a slowdown in new overseas licensing agreements.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.