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How definitive the wording is.Contents of this document
Financial results presentationFirst half of the fiscal year ending March 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,285 million+87.1%
Operating profit¥56 million+18.5%
Net income¥4 million+4.2%
Operating profit margin
Rate2.5% (first half)
Results for the three months of the current quarterQuarterly sales trends for Q1 and Q2 on a standalone basis are presented by service. Consolidated three-month standalone profit and loss: Not disclosed
Full-year earnings forecast
Revenue
¥5,000 million
Operating profit
¥360 million
Operating profit margin
7.2 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Reactionary decline in the Marketing Business, which performed strongly through Q2; growth in overseas manga services; and orders for large-scale development projects
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The second-half FY2026 forecast is based on the midpoint of the revised budget range disclosed on 16 March 2026New initiatives
- More than 70 titles, including popular works from Shueisha and other publishers, added to Crunchyroll Manga since February 2026
- Expansion of overseas manga services
- Expansion of the overseas business, covering production, translation and distribution on an end-to-end basis
Key KPIsA metric the company considers important as a management benchmark.
- Overseas manga services revenue ratio12.0%（26/7 2Q）Year on year against the same period last yearUp from 11.1% in 25/7 Q2
- Total monthly active users (MAU)2,000 10,000 people
- Total monthly views500,000,000 Engagements
- Monthly posts on MANGA Plus Creators600 Works or more
- Titles available on Crunchyroll Manga400 titles or moreYear on year against the same period last yearMore than 70 titles added since February 2026
Segment results
Quarterly sales trends are presented for the Manga Services Business, Production Business and Marketing Business. Segment-level profit figures: Not disclosedMarket Size / Share
- Global manga marketUSD 43.8 billion in 2033; CAGR of 20.5%
- Overseas manga services revenue ratio26/7 2Q 12.0%
Orders received and order backlog
Large-scale development project orders are mentioned, but the amount is Not disclosedNumber of employees
Number of Employees30 on a non-consolidated basis and 202 on a consolidated basis (as of the end of January 2026)
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First half of the fiscal year ending March 2026 |
| Net Sales | ¥2,285 million (YoY +87.1%) |
| Operating profit | ¥56 million (YoY +18.5%) |
| Net income | ¥4 million (YoY +4.2%) |
| Operating profit margin | Rate 2.5% (first half) / Year-on-year change (points) Not disclosed |
| Results for the three months of the current quarter | Quarterly sales trends for Q1 and Q2 on a standalone basis are presented by service. Consolidated three-month standalone profit and loss: Not disclosed |
| Full-year earnings forecast | Revenue ¥5,000 million / Operating profit ¥360 million / Operating profit margin 7.2 % |
| Segment results | Quarterly sales trends are presented for the Manga Services Business, Production Business and Marketing Business. Segment-level profit figures: Not disclosed |
| Breakdown of Factors Affecting the Change | Reactionary decline in the Marketing Business, which performed strongly through Q2; growth in overseas manga services; and orders for large-scale development projects |
| Key KPIs | Indicator name Overseas manga services revenue ratio / Value 12.0%（26/7 2Q） / Year on year against the same period last year Up from 11.1% in 25/7 Q2, Indicator name Total monthly active users (MAU) / Value 2,000 10,000 people / Year on year against the same period last year Not disclosed, Indicator name Total monthly views / Value 500,000,000 Engagements / Year on year against the same period last year Not disclosed, Indicator name Monthly posts on MANGA Plus Creators / Value 600 Works or more / Year on year against the same period last year Not disclosed, Indicator name Titles available on Crunchyroll Manga / Value 400 titles or more / Year on year against the same period last year More than 70 titles added since February 2026 |
| Number of employees | Number of Employees 30 on a non-consolidated basis and 202 on a consolidated basis (as of the end of January 2026) / Changes during the period and hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | The second-half FY2026 forecast is based on the midpoint of the revised budget range disclosed on 16 March 2026 |
| Orders received and order backlog | Large-scale development project orders are mentioned, but the amount is Not disclosed |
| Market Size / Share | Item Global manga market / Value USD 43.8 billion in 2033; CAGR of 20.5%, Item Overseas manga services revenue ratio / Value 26/7 2Q 12.0% |
| New initiatives | More than 70 titles, including popular works from Shueisha and other publishers, added to Crunchyroll Manga since February 2026, Expansion of overseas manga services, Expansion of the overseas business, covering production, translation and distribution on an end-to-end basis |
Items this document does not state (15)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey points of the Q&A
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.The decline in revenue and profit in the first half resulted from a reactionary decline in the Marketing Business, which had performed strongly through Q2. Growth in the Manga Services Business and Production Business was supported by the expansion of overseas manga services and orders for large-scale development projects. The company explains that the expected improvement in operating profit and the operating margin in the second half will be driven by growth in overseas manga services.
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.