Worth reading
70In focus
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
8.1
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond 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¥12,920 millions+8.5%
Operating profit¥1,388 millions+3.7%
Ordinary income¥1,415 millions+2.5%
Net income¥867 millions+8.3%
Operating profit margin
Rate10.7
Year-on-year change (points)2.8
Results for the three months of the current quarter
Net Sales
¥6,761 millions+8.1%
Operating profit
¥775 millions+5.8%
Ordinary income
¥784 millions+5.2%
Net income
¥500 millions+10.1%
EBITDA
¥930 millions+5.0%
Full-year earnings forecast
Net Sales
¥23,000 millions
Operating profit
¥2,000 millions
Ordinary income
¥2,050 millions
Net income
¥1,220 millions
EBITDA
¥2,620 millions
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 Sales56.2%
Operating profit69.4%
Ordinary income69.1%
Net income71.1%
EBITDA64.8%
Platform Business56.6%
Entertainment Café business75.9%
Creative Solutions business221.4%
Media Business73.1%
Live businessBelow plan
Artist BusinessUpside scenario
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¥-117 millions
Media Business¥-87 millions
Artist Business¥12 millions
Entertainment Café business¥101 millions
Platform Business¥90 millions
Creative Solutions business¥93 millions
Other¥-43 millions
New initiatives
- Interim dividend payment
- Resetting the treasury-share acquisition authorization
- Cancellation of 675,000 treasury shares
- Launch of Bitfan Card offerings with Nudge Co., Ltd.
- Sequential rollout of Bitfan Card to creators
Key KPIsA metric the company considers important as a management benchmark.
- Paid members197.5 10,000 peopleYear on year against the same period last year+35.9%
- FC services2,020 ServicesYear on year against the same period last year+30.4%
- Café 2Q visitor count238,695 peopleYear on year against the same period last year+2.7%
- Domestic streaming plays29.7 Hundred million authenticationsYear on year against the same period last year+10.6%
- Overseas streaming plays22.8 Hundred million authenticationsYear on year against the same period last year+40.7%
Segment results
Content segment
Net Sales
¥6,418 millions-1.0%
Segment profit
¥903 millions-15.0%
Segment EBITDA
¥1,054 millions-12.4%
Solutions segment
Net Sales
¥6,501 millions+19.9%
Segment profit
¥484 millions+75.4%
Segment EBITDA
¥643 millions+47.2%
By business
Live business
Net Sales¥2,301 millions
Year on year against the same period last year-3.5%
Artist Business
Net Sales¥1,124 millions
Year on year against the same period last year+0.5%
Media Business
Net Sales¥1,048 millions
Year on year against the same period last year-15.8%
Entertainment Café business
Net Sales¥1,944 millions
Year on year against the same period last year+12.1%
Platform Business
Net Sales¥2,207 millions
Year on year against the same period last year+14.1%
Distribution Business
Net Sales¥2,834 millions
Year on year against the same period last year+13.6%
Creative Solutions business
Net Sales¥1,459 millions
Year on year against the same period last year+47.4%
Medium-term management plan targets
Payout ratio40%–50% (fiscal years ending March 2027 and March 2028)
PeriodFiscal years ending March 2026 to March 2028
Number of stores and locations
Number of Stores at Period-End13
Number of employees
Number of Employees356 People
Annual Dividend
Planned for the fiscal year ending March 2027
Interim15
End of period15
Total30
Payout ratio
40%～50%Acquisition of treasury shares
Maximum number of shares to be repurchased¥300,000
Maximum total acquisition cost¥200,000,000
Acquisition period1 December 2026–30 November 2027
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥12,920 millions (YoY +8.5%) |
| Operating profit | ¥1,388 millions (YoY +3.7%) |
| Ordinary income | ¥1,415 millions (YoY +2.5%) |
| Net income | ¥867 millions (YoY +8.3%) |
| Operating profit margin | Rate 10.7 / Year-on-year change (points) 2.8 |
| Results for the three months of the current quarter | Net Sales ¥6,761 millions (YoY +8.1%) / Operating profit ¥775 millions (YoY +5.8%) / Ordinary income ¥784 millions (YoY +5.2%) / Net income ¥500 millions (YoY +10.1%) / EBITDA ¥930 millions (YoY +5.0%) |
| Full-year earnings forecast | Net Sales ¥23,000 millions / Operating profit ¥2,000 millions / Ordinary income ¥2,050 millions / Net income ¥1,220 millions / EBITDA ¥2,620 millions |
| Progress against full-year forecast | Net Sales 56.2% / Operating profit 69.4% / Ordinary income 69.1% / Net income 71.1% / EBITDA 64.8% / Platform Business 56.6% / Entertainment Café business 75.9% / Creative Solutions business 221.4% / Media Business 73.1% / Live business Below plan / Artist Business Upside scenario |
| Self-assessment against the plan | Progress generally in line with forecasts |
| Segment results | Content segment Net Sales ¥6,418 millions (YoY -1.0%) / Segment profit ¥903 millions (YoY -15.0%) / Segment EBITDA ¥1,054 millions (YoY -12.4%) / Solutions segment Net Sales ¥6,501 millions (YoY +19.9%) / Segment profit ¥484 millions (YoY +75.4%) / Segment EBITDA ¥643 millions (YoY +47.2%) / By business Live business Net Sales ¥2,301 millions / yoy_pct ¥-3.5 millions / Artist Business Net Sales ¥1,124 millions / yoy_pct ¥0.5 millions / Media Business Net Sales ¥1,048 millions / yoy_pct ¥-15.8 millions / Entertainment Café business Net Sales ¥1,944 millions / yoy_pct ¥12.1 millions / Platform Business Net Sales ¥2,207 millions / yoy_pct ¥14.1 millions / Distribution Business Net Sales ¥2,834 millions / yoy_pct ¥13.6 millions / Creative Solutions business Net Sales ¥1,459 millions / yoy_pct ¥47.4 millions |
| Breakdown of Factors Affecting the Change | Live business ¥-117 millions / Media Business ¥-87 millions / Artist Business ¥12 millions / Entertainment Café business ¥101 millions / Platform Business ¥90 millions / Creative Solutions business ¥93 millions / Other ¥-43 millions |
| Key KPIs | Indicator name Paid members / Value 197.5 10,000 people / Year on year against the same period last year +35.9%, Indicator name FC services / Value 2,020 Services / Year on year against the same period last year +30.4%, Indicator name Café 2Q visitor count / Value 238,695 people / Year on year against the same period last year +2.7%, Indicator name Domestic streaming plays / Value 29.7 Hundred million authentications / Year on year against the same period last year +10.6%, Indicator name Overseas streaming plays / Value 22.8 Hundred million authentications / Year on year against the same period last year +40.7% |
| Number of stores and locations | Number of Stores at Period-End 13 / Number of store openings and closures during the period Not disclosed |
| Number of employees | Number of Employees 356 People / Change during the period Not disclosed / Hiring plan Not disclosed |
| Medium-term management plan targets | Payout ratio 40%–50% (fiscal years ending March 2027 and March 2028) / Period Fiscal years ending March 2026 to March 2028 |
| Annual Dividend | Planned for the fiscal year ending March 2027 Interim 15 / End of period 15 / Total 30 |
| Payout ratio | 40%～50% |
| Acquisition of treasury shares | Maximum number of shares to be repurchased ¥300,000 / Maximum total acquisition cost ¥200,000,000 / Acquisition period 1 December 2026–30 November 2027 |
| New initiatives | Interim dividend payment, Resetting the treasury-share acquisition authorization, Cancellation of 675,000 treasury shares, Launch of Bitfan Card offerings with Nudge Co., Ltd., Sequential rollout of Bitfan Card to creators |
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.This was due to higher revenue in the Entertainment Café and Platform businesses, as well as higher profit in the Platform, Entertainment Café, and Creative Solutions businesses. Quarterly net income was also affected by a ¥66 million extraordinary gain from the partial sale of investment securities.
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.