Worth reading
55In focus
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
633
JPY million (year-on-year decrease in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFull year ended August 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥8,522 million-0.2%
Operating profit¥2,392 million-20.9%
Net income¥1,599 million-22.6%
Selling, general and administrative expenses¥1,621 million
Results for the three months of the current quarter
Fourth quarter of the fiscal year ended August 2026
Revenue
¥2,465 million
Operating profit
¥696 million
Profit for the period
¥477 million
Adjusted EBITDA
¥735 million
Full-year earnings forecast
Fiscal year ending August 2027
Revenue
¥8,780 million
Sales of the Company's own IP
¥8,157 million
Sales of third-party IP
¥623 million
Operating profit
¥2,545 million
Adjusted EBITDA
¥2,694 million
Profit before tax
¥2,399 million
Profit for the period attributable to owners of the parent
¥1,677 million
Adjusted net income
¥1,677 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Finished above plan in both revenue and profitKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Dependence on specific IP: The share of the top 10 IPs by revenue has declined to 38.7%, with revenue generated across a broad range of IPs.
- Quarterly fluctuations and seasonality: Quarterly revenue fluctuates depending on the timing of new releases.
- Comparison of operating profit margins: Differences in accounting treatment, whereby sales through distributors are recorded on a net basis, may be a factor in differences in profit margins compared with other companies.
- Change in publication dates in the fiscal year ended August 2026: The number of publications in the third quarter temporarily declined due to a change in Comic Gard's release cycle, but no particular impact is expected from the fiscal year ending August 2027 onward.
- Outlook for Comic Gard: The company aims to expand revenue per IP by increasing the number of volumes in new series.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Comic Gardo releasesAssumptionsPlan to increase by approximately 20% in the fiscal year ending August 2027
- Number of titles beginning anime broadcastsAssumptions2 works in the fiscal year ending August 2027 and 6 titles in each fiscal year from the fiscal year ending August 2028 onward are expected
- Sales of third-party IPAssumptionsContinued contribution from the Pokémon Pokédex series and revenue contribution from visual art books
New initiatives
- Release of 3 visual art books related to Pokémon on 18 December 2026
- Recruitment and development of editors, and growth investment in the manga, visual novel game and anime businesses
- Actively pursue M&A of companies that will contribute to expanding the number of IPs
- Explore the potential for overseas direct publishing
- Increase the number of titles adapted into anime and develop anime adaptations into series
Key KPIsA metric the company considers important as a management benchmark.
- Number of core IPs60 itemsYear on year against the same period last yearUp from 57 in FY8/25
- Revenue from core IPs¥60 hundred millionYear on year against the same period last yearDown from ¥6.6 billion in FY8/25
- Number of first-volume light novels published81 itemsYear on year against the same period last year+44.6%
- Comic Gardo releases181 itemsYear on year against the same period last year+29.3%
- Share of revenue from the top 10 proprietary IPs38.7 %Year on year against the same period last yearDown from 44.4% in FY8/25
Segment results
Sales of the Company's own IP
¥8,062 million-4.3%
Sales of third-party IP
¥460 million+307.9%
Manga
¥6,049 million-5.0%
Light novels
¥1,266 million-7.2%
Anime / Other
¥745 million+8.1%
Number of employees
Number of Employees102 people
Change during the period17 additional employees, including 11 editors
Annual Dividend
Annual dividend per share¥44
Payout ratio
40| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Full year ended August 2026 |
| Net Sales | ¥8,522 million (YoY -0.2%) |
| Operating profit | ¥2,392 million (YoY -20.9%) |
| Net income | ¥1,599 million (YoY -22.6%) |
| Selling, general and administrative expenses | ¥1,621 million |
| Results for the three months of the current quarter | Subject Fourth quarter of the fiscal year ended August 2026 / Revenue ¥2,465 million / Operating profit ¥696 million / Profit for the period ¥477 million / Adjusted EBITDA ¥735 million |
| Full-year earnings forecast | Subject Fiscal year ending August 2027 / Revenue ¥8,780 million / Sales of the Company's own IP ¥8,157 million / Sales of third-party IP ¥623 million / Operating profit ¥2,545 million / Adjusted EBITDA ¥2,694 million / Profit before tax ¥2,399 million / Profit for the period attributable to owners of the parent ¥1,677 million / Adjusted net income ¥1,677 million |
| Self-assessment against the plan | Finished above plan in both revenue and profit |
| Segment results | Sales of the Company's own IP ¥8,062 million (YoY -4.3%) / Sales of third-party IP ¥460 million (YoY +307.9%) / Manga ¥6,049 million (YoY -5.0%) / Light novels ¥1,266 million (YoY -7.2%) / Anime / Other ¥745 million (YoY +8.1%) |
| Key KPIs | Indicator name Number of core IPs / Value 60 items / Year on year against the same period last year Up from 57 in FY8/25, Indicator name Revenue from core IPs / Value ¥60 hundred million / Year on year against the same period last year Down from ¥6.6 billion in FY8/25, Indicator name Number of first-volume light novels published / Value 81 items / Year on year against the same period last year 44.6 items, Indicator name Comic Gardo releases / Value 181 items / Year on year against the same period last year 29.3 items, Indicator name Share of revenue from the top 10 proprietary IPs / Value 38.7 % / Year on year against the same period last year Down from 44.4% in FY8/25 |
| Number of employees | Number of Employees 102 people / Change during the period 17 additional employees, including 11 editors |
| Assumptions Underlying the Business Outlook | Item Comic Gardo releases / Assumptions Plan to increase by approximately 20% in the fiscal year ending August 2027, Item Number of titles beginning anime broadcasts / Assumptions 2 works in the fiscal year ending August 2027 and 6 titles in each fiscal year from the fiscal year ending August 2028 onward are expected, Item Sales of third-party IP / Assumptions Continued contribution from the Pokémon Pokédex series and revenue contribution from visual art books |
| Annual Dividend | Annual dividend per share ¥44 / Breakdown Not disclosed |
| Payout ratio | 40 |
| Key points of the Q&A | Dependence on specific IP: The share of the top 10 IPs by revenue has declined to 38.7%, with revenue generated across a broad range of IPs., Quarterly fluctuations and seasonality: Quarterly revenue fluctuates depending on the timing of new releases., Comparison of operating profit margins: Differences in accounting treatment, whereby sales through distributors are recorded on a net basis, may be a factor in differences in profit margins compared with other companies., Change in publication dates in the fiscal year ended August 2026: The number of publications in the third quarter temporarily declined due to a change in Comic Gard's release cycle, but no particular impact is expected from the fiscal year ending August 2027 onward., Outlook for Comic Gard: The company aims to expand revenue per IP by increasing the number of volumes in new series. |
| New initiatives | Release of 3 visual art books related to Pokémon on 18 December 2026, Recruitment and development of editors, and growth investment in the manga, visual novel game and anime businesses, Actively pursue M&A of companies that will contribute to expanding the number of IPs, Explore the potential for overseas direct publishing, Increase the number of titles adapted into anime and develop anime adaptations into series |
Items this document does not state (14)
Ordinary incomeGross Profit MarginOperating profit marginProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition 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.For the company's own IP, sales of existing titles driven by anime broadcasts and the release of new volumes of popular titles fell below the previous year, while new products based on third-party IP performed well. Operating profit declined due to increased editorial staff, higher manga manuscript fees, increased investment in visual novel game development, reduced benefits from boosting 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.