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Earnings4772SM ENTERTAINMENT JAPAN Co.,Ltd.Information and Communications, Services and Others

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

In the first quarter, revenue and all profit figures increased significantly year on year, driven by large-scale concerts and related merchandise sales, broadcast rights sales and other activities. The full-year earnings forecasts remain unchanged, while the annual dividend forecast has been reduced to ¥1 from the previous fiscal year's actual dividend of ¥2.

Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
452.6
Operating profit year-on-year change (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales3,204¥ millionYear on year +47.0%Progress 35.3%
Operating profit235¥ millionYear on year +452.6%Progress 95.1%
Ordinary income268¥ millionYear on year +463.3%Progress 104.3%
Net income attributable to owners of the parent262¥ millionYear on year +533.2%Progress 103.6%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥2.27
Financial position at period-end
Total assets14,433¥ million
of which net assets 7,688 ¥ millionEquity ratio 49.3%vs. prior year-end -0.5pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment revenue
Entertainment Business2,616,53781.6%+61.2%
Rights & Media business588,34318.4%+5.7%
Segment profit
Entertainment Business309,47085.8%+136.7%
Rights & Media business51,12814.2%-13.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥9,089 million (YoY -10.8%)
Operating profit¥247 million (YoY +42.4%)
Ordinary income¥257 million (YoY +32.4%)
Net income¥253 million (YoY -32.5%)
Annual Dividend Forecast¥2 → ¥1(-50.0%)
Factors Behind Changes in Business Performance

21 concerts held in total, approximately 340,000 attendees, the merchandising and advertising appearance businesses associated with large-scale events, exclusive broadcast rights sales and live viewings, the acquisition of new content and increased sales of archived works, and the broadcast of 9 premium content titles.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNone, either additions or exclusions (no number or names of companies provided)
Impairment lossNone applicable (material impairment loss related to non-current assets)
Depreciation and amortization¥3,979 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End115,904,831
Treasury Shares at Period-End9,930
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥3,204 million (YoY +47.0%)
Operating profit¥235 million (YoY +452.6%)
Ordinary income¥268 million (YoY +463.3%)
Profit attributable to owners of the parent¥262 million (YoY +533.2%)
Net income per share¥2.27
Equity ratioEnd of the current fiscal period 49.3 / End of previous period 49.8
Total assets¥14,433 million
Net assets¥7,688 million
Full-year earnings forecastNet Sales ¥9,089 million (YoY -10.8%) / Operating profit ¥247 million (YoY +42.4%) / Ordinary income ¥257 million (YoY +32.4%) / Net income ¥253 million (YoY -32.5%)
Annual Dividend Forecast¥2 → ¥1(-50.0%)
Segment revenueEntertainment Business ¥2,616,537 thousand (YoY +61.2%) / Rights & Media business ¥588,343 thousand (YoY +5.7%)
Segment profitEntertainment Business ¥309,470 thousand (YoY +136.7%) / Rights & Media business ¥51,128 thousand (YoY -13.8%)
Depreciation and amortization¥3,979 thousand
Impairment lossNone applicable (material impairment loss related to non-current assets)
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNone, either additions or exclusions (no number or names of companies provided)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End115,904,831
Treasury Shares at Period-End9,930
Factors Behind Changes in Business Performance21 concerts held in total, approximately 340,000 attendees, the merchandising and advertising appearance businesses associated with large-scale events, exclusive broadcast rights sales and live viewings, the acquisition of new content and increased sales of archived works, and the broadcast of 9 premium content titles.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogBreakdown of extraordinary income (loss)Material subsequent events

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.

Performance was supported by 21 concerts held in total, with approximately 340,000 attendees, as well as the merchandising and advertising appearance businesses associated with large-scale events, and diversified monetization initiatives including exclusive broadcast rights sales and live viewings. The company also cited the acquisition of new content and increased sales of archived works in the rights business, along with the broadcast of 9 premium content titles.

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.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | SM ENTERTAINMENT JAPAN Co.,Ltd. (4772) timely disclosure | Komori