Strengthening IP-Based Events, Music Concerts and Sports Promotions

「“STARDOM” held “Mitsukan Fruitis presents ALL STAR GRAND QUEENDOM 2026” in April 2026, drawing a promotion-record 8,015 people.」

「“New Japan Pro-Wrestling” saw attendance increase year on year, helped by the excitement surrounding the final road to wrestler Hiroshi Tanahashi’s retirement. “STARDOM” drew 6,563 people to “JR Tokai Oshi Tabi presents STARDOM DREAM QUEENDOM 2025” at Ryogoku Kokugikan on 29 December 2025, the highest attendance in STARDOM’s history at that venue.」

「At New Japan Pro-Wrestling, attendance remained sluggish, resulting in lower event and content revenue. At STARDOM, the first half was a period of rebuilding following the departure of wrestlers, but the rebuilding was completed in the fourth quarter and profitability improved substantially.」

「New Japan Pro-Wrestling Co., Ltd. was between major events, and attendance remained sluggish. At STARDOM, the review of its operating structure progressed, improving profitability in the events business.」

「New Japan Pro-Wrestling and STARDOM performed steadily under new structures headed by Hiroshi Tanahashi (New Japan Pro-Wrestling Co., Ltd.) and Taro Okada (Bushiroad Fight Co., Ltd.), who became representative directors and presidents. Their events, “BELL Presents WRESTLE KINGDOM 18 in TOKYO DOME” and “Wrestle Kingdom STARDOM Gate,” held on 4 January 2024, attracted approximately 29,000 people in total.」

「New Japan Pro-Wrestling’s revenue declined from the previous quarter as it was between major events, but remained firm against its business plan. At STARDOM, profitability in the events business declined amid a series of deficiencies in the operating structure, and performance was weak against the business plan. We will undertake a fundamental review of the operating structure and work to improve operations so that they are appropriate for the organization’s rapidly expanded scale.」

「New Japan Pro-Wrestling held events including “G1 CLIMAX 33,” while STARDOM held events including “5★STAR GP 2023.” Attendance continued to recover gradually and remained on a steady trend.」

「New Japan Pro-Wrestling Co., Ltd. held “Antonio Inoki Memorial Event WRESTLE KINGDOM 17 in Tokyo Dome—Fighting Spirit Forever—” on 4 January 2023, attracting twice as many spectators as the event held at Tokyo Dome on the same date the previous year and making a significant contribution to revenue and operating profit for the nine months ended 31 December 2022.」

「The Sports & Healthcare Division held “Historic X-over,” the first-ever joint event between New Japan Pro-Wrestling and STARDOM, at Ariake Arena in Tokyo on 20 November 2022, generating significant attention. Attendance at events held by both New Japan Pro-Wrestling and STARDOM was also trending upward as venue restrictions were eased, but expenses increased during the six months ended 30 September 2022 due to the weaker yen and increased advertising ahead of the second half of the fiscal year.」

「New Japan Pro-Wrestling Co., Ltd. held “G1 CLIMAX 32” from 16 July to 18 August 2022. Total attendance for all 20 events in the series increased by approximately 70% from the same series held in the previous autumn, indicating a recovery in attendance. STARDOM, the women’s professional wrestling brand, held all 21 events of “5★STAR GP 2022” from 30 July to 1 October 2022, attracting 18,998 people across the series.」

「At New Japan Pro-Wrestling Co., Ltd., domestic attendance was recovering, and revenue from the joint event “AEW x NJPW: FORBIDDEN DOOR,” held with the US professional wrestling organization All Elite Wrestling in Chicago, Illinois, on 27 June 2022 (Japan time), also made a significant contribution, resulting in a substantial improvement in the profit margin for the fourth quarter.」

「STARDOM, the women’s professional wrestling brand, promoted online initiatives using social media and offline fan-acquisition initiatives expanding the areas in which events were held nationwide, resulting in strong growth in social media followers and attendance. Its two events, “LEC Clean Up! Presents STARDOM WORLD CLIMAX 2022—The Best—” and “LEC Clean Up! Presents STARDOM WORLD CLIMAX 2022—The Top—,” held at Ryogoku Kokugikan on 26 and 27 March 2022, attracted a combined 5,797 people, enabling Bushiroad Fight Co., Ltd. to set a record high for revenue for the third consecutive quarter.」

「New Japan Pro-Wrestling held “G1 CLIMAX 31” from September to October 2021, and revenue from events, merchandise and content, including the video streaming service “New Japan Pro-Wrestling World” and the app “Shin-Nichi Collection,” performed well compared with the first quarter of the fiscal year. STARDOM held two events, “10th Anniversary GRAND FINAL OSAKA DREAM CINDERELLA 2021—Osaka Meccha Stardom—” at Osaka-Jo Hall on 9 October 2021 and “STARDOM DREAM QUEENDOM 2021” at Ryogoku Kokugikan on 29 December 2021. Both contributed significantly to revenue, enabling Bushiroad Fight Co., Ltd. to set a record high for revenue for the second consecutive quarter.」

「New Japan Pro-Wrestling held the large-scale events “Cardfight!! Vanguard overDress Presents WRESTLE GRAND SLAM in MetLife Dome” at Tokyo Dome and MetLife Dome, but attendance was restricted due to the extension of the state of emergency, and revenue from events and merchandise remained sluggish. Content revenue from the video streaming service “New Japan Pro-Wrestling World” and the app “Shin-Nichi Collection,” among others, remained firm. STARDOM continued to increase the number of events held at progressively larger venues, and Bushiroad Fight Co., Ltd. recorded its highest quarterly revenue ever.」

「New Japan Pro-Wrestling Co., Ltd. holds approximately 160 matches annually and attracts approximately 400,000 people in total.」

「New Japan Pro-Wrestling held 48 events, including the “NEW JAPAN CUP 2021” series, featuring a singles tournament for heavyweight wrestlers held nationwide. Stardom, the women’s professional wrestling brand, held 24 events, including its first event at Nippon Budokan, “LEC Presents Stardom 10th Anniversary – Hinamatsuri ALLSTAR DREAM CINDERELLA.”」

「New Japan Pro-Wrestling held its largest event, “Balsan Presents WRESTLE KINGDOM 15 in Tokyo Dome” (January 4 and 5), over two days from 4 to 5 January 2021, as it had the previous year, attracting 20,490 people. It also held 53 other events.」

「The sports division held 41 domestic events, including “G1 CLIMAX 30,” one of New Japan Pro-Wrestling’s largest annual tournaments, from 19 September to 18 October across 19 shows, and streamed events held overseas. Stardom, the women’s professional wrestling brand, held 17 events, including its first professional wrestling event at Yokohama Budokan, “STARDOM YOKOHAMA CINDERELLA 2020,” on 3 October, and steadily increased sales.」

「Against this backdrop, under the “IP Developer” strategy, our group further strengthened its distinctive one-stop media-mix model by pursuing capital and business alliances and making subsidiaries of other companies.」

「Under the “IP Developer” strategy, we developed an online-focused business by holding IP-based events and music concerts without audiences and streaming them online.」

「The first two-day event at Tokyo Dome held by New Japan Pro-Wrestling in January attracted 70,071 people over the two days and was a major success.」

「We will place even greater emphasis on holding IP-based events and music concerts, as well as sports promotions centered on New Japan Pro-Wrestling.」