Worth reading
66In 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
9
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,158 million+9.0%
Operating profit¥613 million+1.2%
Ordinary income¥630 million-0.7%
Net income¥366 million+5.9%
Operating profit margin10.0%, +1.3 percentage points year on year
Results for the three months of the current quarter
Net Sales¥6,158 million
Gross profit¥1,842 million
Operating profit¥613 million
Ordinary income¥630 million
Profit attributable to owners of parent for the quarter¥366 million
EBITDA¥768 million
Full-year earnings forecast
Net Sales¥23,000 million
Operating profit¥2,000 million
Ordinary incomeNet income attributable to owners of the parent: ¥2,050 million
Profit attributable to owners of the parent¥1,220 million
EBITDA¥2,620 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales26.8%
Operating profit30.7%
Ordinary income30.8%
Profit attributable to owners of the parent30.1%
EBITDA29.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress generally in line with forecastsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Live business-¥73 million
- Media Business-¥40 million
- Artist Business-¥33 million
- Entertainment Café business+¥53 million
- Platform Business+¥104 million
- Other-¥4 million
New initiatives
- Introduce an interim dividend from FY2027.3, resulting in dividends paid twice a year
- Increase the share buyback limit to 300,000 shares and ¥200,000,000
- Relaunch the new artist development project “SPACE SHOWER NEW FORCE”
- Hold a collaboration café with “Sumikko Gurashi”
Key KPIsA metric the company considers important as a management benchmark.
- EBITDA¥768 millionYear on year against the same period last year+1.7%
- Q1 visitors to the at-home café229,381 PeopleYear on year against the same period last year+11.4%
- Paid members180 10,000 peopleYear on year against the same period last year+26.9% (+382,000 people)
- FC services1,893Year on year against the same period last year+27.0%（+403）
- Domestic streaming plays14.2 Hundred million authenticationsYear on year against the same period last year-1.2%
- Overseas streaming plays13 Hundred million authenticationsYear on year against the same period last year+28.5%
Segment results
Content segment
Net Sales¥3,112 million, +7.0% year on year
Segment profit¥370 million, -22.0% year on year
Segment EBITDA¥445 million, -17.9% year on year
Breakdown
Live businessRevenue of ¥903 million, +12.9% year on year
Artist BusinessRevenue of ¥719 million, +16.8% year on year
Media BusinessRevenue of ¥532 million, -18.4% year on year
Entertainment Café businessRevenue of ¥956 million, +14.0% year on year
Solutions segment
Net Sales¥3,045 million, +11.1% year on year
Segment profit¥241 million, +84.3% year on year
Segment EBITDA¥321 million, +51.7% year on year
Breakdown
Platform BusinessRevenue of ¥1,038 million, +20.6% year on year
Distribution BusinessRevenue of ¥1,500 million, +2.7% year on year
Creative Solutions businessRevenue of ¥506 million, +20.6% year on year
Medium-term management plan targets
The basic policy during the medium-term management plan period from FY2026.3 to FY2028.3 is a consolidated dividend payout ratio of 35%–45%. The targets for FY2027.3 and FY2028.3 are 40%–50%.Number of stores and locations
13 stores in Tokyo, Osaka and Nagoya. Store openings and closures during the period: Not disclosedNumber of employees
355 consolidated employees (as of the end of June 2026). Changes in headcount and hiring plans during the period: Not disclosedAnnual Dividend
Planned FY2027.3 annual dividend of ¥30 (interim ¥15, year-end ¥15)Payout ratio
Target consolidated dividend payout ratio of 40%–50% for FY2027.3 and FY2028.3Acquisition of treasury shares
Acquisition period: 1 December 2025 to 30 November 2026; maximum 300,000 shares and ¥200,000,000. Acquisitions to date: 164,800 shares and ¥123,246,900| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥6,158 million (YoY +9.0%) |
| Operating profit | ¥613 million (YoY +1.2%) |
| Ordinary income | ¥630 million (YoY -0.7%) |
| Net income | ¥366 million (YoY +5.9%) |
| Operating profit margin | 10.0%, +1.3 percentage points year on year |
| Results for the three months of the current quarter | Net Sales ¥6,158 million / Gross profit ¥1,842 million / Operating profit ¥613 million / Ordinary income ¥630 million / Profit attributable to owners of parent for the quarter ¥366 million / EBITDA ¥768 million |
| Full-year earnings forecast | Net Sales ¥23,000 million / Operating profit ¥2,000 million / Ordinary income Net income attributable to owners of the parent: ¥2,050 million / Profit attributable to owners of the parent ¥1,220 million / EBITDA ¥2,620 million |
| Progress against full-year forecast | Net Sales 26.8% / Operating profit 30.7% / Ordinary income 30.8% / Profit attributable to owners of the parent 30.1% / EBITDA 29.3% |
| Self-assessment against the plan | Progress generally in line with forecasts |
| Segment results | Content segment Net Sales ¥3,112 million, +7.0% year on year / Segment profit ¥370 million, -22.0% year on year / Segment EBITDA ¥445 million, -17.9% year on year / Breakdown Live business Revenue of ¥903 million, +12.9% year on year / Artist Business Revenue of ¥719 million, +16.8% year on year / Media Business Revenue of ¥532 million, -18.4% year on year / Entertainment Café business Revenue of ¥956 million, +14.0% year on year / Solutions segment Net Sales ¥3,045 million, +11.1% year on year / Segment profit ¥241 million, +84.3% year on year / Segment EBITDA ¥321 million, +51.7% year on year / Breakdown Platform Business Revenue of ¥1,038 million, +20.6% year on year / Distribution Business Revenue of ¥1,500 million, +2.7% year on year / Creative Solutions business Revenue of ¥506 million, +20.6% year on year |
| Breakdown of Factors Affecting the Change | Factors Live business / Amount -¥73 million, Factors Media Business / Amount -¥40 million, Factors Artist Business / Amount -¥33 million, Factors Entertainment Café business / Amount +¥53 million, Factors Platform Business / Amount +¥104 million, Factors Other / Amount -¥4 million |
| Key KPIs | Indicator EBITDA / Value ¥768 million / Year on year against the same period last year +1.7%, Indicator Q1 visitors to the at-home café / Value 229,381 People / Year on year against the same period last year +11.4%, Indicator Paid members / Value 180 10,000 people / Year on year against the same period last year +26.9% (+382,000 people), Indicator FC services / Value 1,893 / Year on year against the same period last year +27.0%（+403）, Indicator Domestic streaming plays / Value 14.2 Hundred million authentications / Year on year against the same period last year -1.2%, Indicator Overseas streaming plays / Value 13 Hundred million authentications / Year on year against the same period last year +28.5% |
| Number of stores and locations | 13 stores in Tokyo, Osaka and Nagoya. Store openings and closures during the period: Not disclosed |
| Number of employees | 355 consolidated employees (as of the end of June 2026). Changes in headcount and hiring plans during the period: Not disclosed |
| Medium-term management plan targets | The basic policy during the medium-term management plan period from FY2026.3 to FY2028.3 is a consolidated dividend payout ratio of 35%–45%. The targets for FY2027.3 and FY2028.3 are 40%–50%. |
| Annual Dividend | Planned FY2027.3 annual dividend of ¥30 (interim ¥15, year-end ¥15) |
| Payout ratio | Target consolidated dividend payout ratio of 40%–50% for FY2027.3 and FY2028.3 |
| Acquisition of treasury shares | Acquisition period: 1 December 2025 to 30 November 2026; maximum 300,000 shares and ¥200,000,000. Acquisitions to date: 164,800 shares and ¥123,246,900 |
| New initiatives | Introduce an interim dividend from FY2027.3, resulting in dividends paid twice a year, Increase the share buyback limit to 300,000 shares and ¥200,000,000, Relaunch the new artist development project “SPACE SHOWER NEW FORCE”, Hold a collaboration café with “Sumikko Gurashi” |
Items this document does not state (10)
Gross Profit MarginSelling, general and administrative expensesUnit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsCapital 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.The increase in revenue was driven by higher revenue in the Live, Entertainment Café and Platform businesses. The increases in operating income from the Platform and Entertainment Café businesses outweighed the decline in the Live, Media and Artist businesses.
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.