Worth reading
56In 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
1658
¥ million (year-on-year change in net sales)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportSecond quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥46,612 million+3.7%
Operating profit¥15,161 million-8.9%
Ordinary income¥16,182 million-9.6%
Net income¥11,893 million-8.4%
Selling, general and administrative expenses¥10,042 million
Operating profit margin
Rate32.5%
Year-on-year change (points)-4.5
Results for the three months of the current quarter
Net Sales
¥25,465 million-3.5%
Gross profit
¥14,430 million-8.2%
Selling, general and administrative expenses
¥5,555 million+27.1%
Operating profit
¥10,060 million-23.5%
Operating profit margin31.3%
Ordinary income
¥10,762 million-26.2%
Net income for the current fiscal year
¥7,751 million-24.3%
Full-year earnings forecast
Net Sales
¥98,200 million
Operating profit
¥26,400 million
Operating Profit Excluding Strategic Investment
¥28,400 million
Ordinary income
¥27,700 million
Net income for the current fiscal year
¥20,000 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
First-half revenue was below the initial forecast, while operating profit exceeded planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Video production and distribution-¥781 million
IP rights+¥1,423 million
Product Sales+¥861 million
Other+¥290 million
Intersegment eliminations-¥135 million
Operating profit
Video production and distribution-¥2,082 million
IP rights+¥37 million
Product Sales+¥169 million
Other+¥366 million
Intersegment eliminations+¥31 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Taking into account uncertainty in the external environment. Numerical assumptions: Not disclosedNew initiatives
- Preparations to establish a Vietnam studio
- In-house original short-form project
- Opening of ONE PIECE MUGIWARA STORE Los Angeles
- Expansion of new anime, film, game and DLC offerings
- Continued growth investment based on the medium-term management plan
Key KPIsA metric the company considers important as a management benchmark.
- Box-office revenue of the film “Detective Precure! The Mysterious Garden and the Secret of the Two”13 over ¥100 million
- Attendance for the film1,026,000 people
- Historical ranking of first-half revenue2 Second-highest on record
- Historical ranking of first-half operating profit3 Third-highest on record
Segment results
Video Production and Distribution Business
Net Sales
¥15,240 million-4.9%
Segment profit
¥4,425 million-32.0%
Rights Management Business
Net Sales
¥25,083 million+6.0%
Segment profit
¥13,013 million+0.3%
Product Sales Business
Net Sales
¥4,456 million+24.0%
Segment profit
¥361 million+9.5%
Other Businesses
Net Sales
¥2,168 million+15.4%
Segment profit
¥231 million+274.5%
Medium-term management plan targets
VISION2030 Growth Strategy Investment Scale
StudioApproximately ¥24 billion
IPApproximately ¥70 billion
RegionApproximately ¥20.0 billion
Customer touchpointsApproximately ¥19 billion
Portfolio Investment Plan
Domestic Markets: Existing25 titles / approximately ¥17 billion
Global Markets: Existing28 titles / approximately ¥31.5 billion
Domestic Markets: New25 titles / approximately ¥6 billion
Global Markets: New36 titles / approximately ¥15 billion
Target fiscal yearVISION2030; portfolio plan: fiscal 2026, fiscal 2027, and fiscal 2028 onward
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥46,612 million (YoY +3.7%) |
| Operating profit | ¥15,161 million (YoY -8.9%) |
| Ordinary income | ¥16,182 million (YoY -9.6%) |
| Net income | ¥11,893 million (YoY -8.4%) |
| Operating profit margin | Rate 32.5% / Year-on-year change (points) -4.5 |
| Selling, general and administrative expenses | ¥10,042 million |
| Results for the three months of the current quarter | Net Sales ¥25,465 million (YoY -3.5%) / Gross profit ¥14,430 million (YoY -8.2%) / Selling, general and administrative expenses ¥5,555 million (YoY +27.1%) / Operating profit ¥10,060 million (YoY -23.5%) / Ordinary income ¥10,762 million (YoY -26.2%) / Net income for the current fiscal year ¥7,751 million (YoY -24.3%) |
| Full-year earnings forecast | Net Sales ¥98,200 million / Operating profit ¥26,400 million / Operating Profit Excluding Strategic Investment ¥28,400 million / Ordinary income ¥27,700 million / Net income for the current fiscal year ¥20,000 million |
| Self-assessment against the plan | First-half revenue was below the initial forecast, while operating profit exceeded plan |
| Segment results | Video Production and Distribution Business Net Sales ¥15,240 million (YoY -4.9%) / Segment profit ¥4,425 million (YoY -32.0%) / Rights Management Business Net Sales ¥25,083 million (YoY +6.0%) / Segment profit ¥13,013 million (YoY +0.3%) / Product Sales Business Net Sales ¥4,456 million (YoY +24.0%) / Segment profit ¥361 million (YoY +9.5%) / Other Businesses Net Sales ¥2,168 million (YoY +15.4%) / Segment profit ¥231 million (YoY +274.5%) |
| Breakdown of Factors Affecting the Change | Net Sales Video production and distribution -¥781 million / IP rights +¥1,423 million / Product Sales +¥861 million / Other +¥290 million / Intersegment eliminations -¥135 million / Operating profit Video production and distribution -¥2,082 million / IP rights +¥37 million / Product Sales +¥169 million / Other +¥366 million / Intersegment eliminations +¥31 million |
| Key KPIs | Indicator name Box-office revenue of the film “Detective Precure! The Mysterious Garden and the Secret of the Two” / Value 13 over ¥100 million / Year on year against the same period last year Not disclosed, Indicator name Attendance for the film / Value 1,026,000 people / Year on year against the same period last year Not disclosed, Indicator name Historical ranking of first-half revenue / Value 2 Second-highest on record / Year on year against the same period last year Not disclosed, Indicator name Historical ranking of first-half operating profit / Value 3 Third-highest on record / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Taking into account uncertainty in the external environment. Numerical assumptions: Not disclosed |
| Medium-term management plan targets | VISION2030 Growth Strategy Investment Scale Studio Approximately ¥24 billion / IP Approximately ¥70 billion / Region Approximately ¥20.0 billion / Customer touchpoints Approximately ¥19 billion / Portfolio Investment Plan Domestic Markets: Existing 25 titles / approximately ¥17 billion / Global Markets: Existing 28 titles / approximately ¥31.5 billion / Domestic Markets: New 25 titles / approximately ¥6 billion / Global Markets: New 36 titles / approximately ¥15 billion / Target fiscal year VISION2030; portfolio plan: fiscal 2026, fiscal 2027, and fiscal 2028 onward |
| New initiatives | Preparations to establish a Vietnam studio, In-house original short-form project, Opening of ONE PIECE MUGIWARA STORE Los Angeles, Expansion of new anime, film, game and DLC offerings, Continued growth investment based on the medium-term management plan |
Items this document does not state (14)
Gross Profit MarginProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.Revenue increased as the licensing business, centered on overseas merchandising rights sales, and the merchandise sales business, supported by the effect of new store openings, performed well. Operating profit declined due to lower overseas distribution rights sales, an increase in the number of new releases broadcast, and higher SG&A expenses from investments in new releases and strategic investments related to the medium-term management plan.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.