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Earnings presentation7803Bushiroad Inc.Information and Communications, Services and Others

Earnings Presentation Materials for the First Quarter of the Fiscal Year Ending June 2027

Revenue increased in the first quarter of the fiscal year ending June 2027, driven by growth in TCG and other businesses, while operating profit, ordinary profit and net profit declined due to higher advertising expenses and foreign exchange losses, among other factors. Reflecting the strong performance of the Palworld Official Card Game, the full-year earnings forecast was revised upward, including increases of ¥13 billion in revenue and ¥1.3 billion in operating profit, and the year-end dividend forecast was raised to ¥4.

Worth reading
58In 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
13000
¥ million (increase in full-year revenue forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationFirst quarter of the fiscal year ending June 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥16,948 million+23.1%
Operating profit¥1,546 million-7.3%
Ordinary income¥1,441 million-25.4%
Net income¥1,091 million-34.4%
Gross Profit Margin34.8%
Operating profit margin9.1%
Selling, general and administrative expenses¥4,359 million
Results for the three months of the current quarter
Net Sales¥16,948 million
Operating profit¥1,546 million
Ordinary income¥1,441 million
Profit attributable to owners of parent for the quarter¥1,091 million
Full-year earnings forecast
Net Sales
¥71,000 million
Operating profit
¥6,600 million
Ordinary income
¥7,100 million
Profit attributable to owners of the parent
¥5,100 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 Sales23.9% (revised)
Operating profit23.4% (revised)
Ordinary income20.3% (revised)
Profit attributable to owners of the parent21.4% (revised)
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in advertising and sales promotion expenses+¥659 million
  • Decline in R&D expenditure▲¥107 million
  • Foreign exchange losses¥261 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The expected future shipments of the Palworld Official Card Game were revised. The figure is Not disclosed
New initiatives
  • Expansion of the production line at the Palworld Official Card Game manufacturing plant in Malaysia
  • Release of the digital game Weiss Schwarz Online on 25 March 2027
  • Development of the new plush toy brand てくとも
  • Establishment of the subsidiary Bushiroad Mirai to promote digital transformation and improve operational efficiency
Key KPIsA metric the company considers important as a management benchmark.
  • TCG overseas revenue¥5,515 million
    Year on year against the same period last year+¥2,477 million
  • TCG domestic revenue¥4,346 million
    Year on year against the same period last year+¥554 million
  • TCG overseas sales ratio55.9 %
    Year on year against the same period last year+11.4 percentage points
  • Cumulative global shipments of the Palworld Official Card Game1,100 10,000 packs
  • Number of participants in Palworld Official Card Game workshops24,123 people
  • Cumulative PalVerse production volume600 10,000 packs
  • Attendance at the STARDOM 5★STAR GP 2026 final5,004 people
    Year on year against the same period last yearSignificantly above the previous year
Segment results
TCG
Net Sales
¥10,135 million
Year on year against the same period last year+¥3,174 million
Digital Games
Net Sales
¥1,315 million
Year on year against the same period last year▲¥178 million
Live Entertainment
Net Sales
¥2,284 million
Year on year against the same period last year+¥593 million
MD
Net Sales
¥2,646 million
Year on year against the same period last year+¥624 million
Media Content
Net Sales
¥508 million
Year on year against the same period last year+¥139 million
Number of stores and locations
Approximately 4,300 authorised stores (approximately 1,300 in Japan and approximately 3,000 overseas, as of the end of June 2026). The number of store openings and closures during the period is Not disclosed
Annual Dividend
Annual dividend per share¥4.00
Interim¥0.00
End of period¥4.00 (ordinary dividend ¥3.00, commemorative dividend ¥1.00)
Acquisition of treasury shares
Buyback limit¥2 billion (maximum), 8,000,000 shares (maximum)
Period1 July 2026 to 31 December 2026
Actual resultsAs of 12 November 2026, 2,845,700 shares had been repurchased for ¥1,170,597,600, and the repurchase was discontinued on the same day
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending June 2027
Net Sales¥16,948 million (YoY +23.1%)
Operating profit¥1,546 million (YoY -7.3%)
Ordinary income¥1,441 million (YoY -25.4%)
Net income¥1,091 million (YoY -34.4%)
Gross Profit Margin34.8%
Operating profit margin9.1%
Selling, general and administrative expenses¥4,359 million
Results for the three months of the current quarterNet Sales ¥16,948 million / Operating profit ¥1,546 million / Ordinary income ¥1,441 million / Profit attributable to owners of parent for the quarter ¥1,091 million
Full-year earnings forecastNet Sales ¥71,000 million / Operating profit ¥6,600 million / Ordinary income ¥7,100 million / Profit attributable to owners of the parent ¥5,100 million
Progress against full-year forecastNet Sales 23.9% (revised) / Operating profit 23.4% (revised) / Ordinary income 20.3% (revised) / Profit attributable to owners of the parent 21.4% (revised)
Segment resultsTCG Net Sales ¥10,135 million / Year on year against the same period last year +¥3,174 million / Digital Games Net Sales ¥1,315 million / Year on year against the same period last year ▲¥178 million / Live Entertainment Net Sales ¥2,284 million / Year on year against the same period last year +¥593 million / MD Net Sales ¥2,646 million / Year on year against the same period last year +¥624 million / Media Content Net Sales ¥508 million / Year on year against the same period last year +¥139 million
Breakdown of Factors Affecting the ChangeFactors Increase in advertising and sales promotion expenses / Amount +¥659 million, Factors Decline in R&D expenditure / Amount ▲¥107 million, Factors Foreign exchange losses / Amount ¥261 million
Key KPIsIndicator name TCG overseas revenue / Value ¥5,515 million / Year on year against the same period last year +¥2,477 million, Indicator name TCG domestic revenue / Value ¥4,346 million / Year on year against the same period last year +¥554 million, Indicator name TCG overseas sales ratio / Value 55.9 % / Year on year against the same period last year +11.4 percentage points, Indicator name Cumulative global shipments of the Palworld Official Card Game / Value 1,100 10,000 packs / Year on year against the same period last year Not disclosed, Indicator name Number of participants in Palworld Official Card Game workshops / Value 24,123 people / Year on year against the same period last year Not disclosed, Indicator name Cumulative PalVerse production volume / Value 600 10,000 packs / Year on year against the same period last year Not disclosed, Indicator name Attendance at the STARDOM 5★STAR GP 2026 final / Value 5,004 people / Year on year against the same period last year Significantly above the previous year
Number of stores and locationsApproximately 4,300 authorised stores (approximately 1,300 in Japan and approximately 3,000 overseas, as of the end of June 2026). The number of store openings and closures during the period is Not disclosed
Assumptions Underlying the Business OutlookThe expected future shipments of the Palworld Official Card Game were revised. The figure is Not disclosed
Annual DividendAnnual dividend per share ¥4.00 / Interim ¥0.00 / End of period ¥4.00 (ordinary dividend ¥3.00, commemorative dividend ¥1.00)
Acquisition of treasury sharesBuyback limit ¥2 billion (maximum), 8,000,000 shares (maximum) / Period 1 July 2026 to 31 December 2026 / Actual results As of 12 November 2026, 2,845,700 shares had been repurchased for ¥1,170,597,600, and the repurchase was discontinued on the same day
New initiativesExpansion of the production line at the Palworld Official Card Game manufacturing plant in Malaysia, Release of the digital game Weiss Schwarz Online on 25 March 2027, Development of the new plush toy brand てくとも, Establishment of the subsidiary Bushiroad Mirai to promote digital transformation and improve operational efficiency
Items this document does not state (11)
Self-assessment against the planUnit price and quantity metricsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioCapital 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 TCG Palworld Official Card Game had a strong launch that exceeded expectations immediately after its release, and actual results and expected future shipments were reflected in the earnings forecast. Operating profit was affected by higher advertising expenses and rising energy costs and other expenses in merchandising, while ordinary profit was affected by the recognition of a ¥261 million foreign exchange loss.

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.
Earnings Presentation Materials for the First Quarter of the Fiscal Year Ending June 2027 | Bushiroad Inc. (7803) timely disclosure | Komori