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Presentation materials for financial results7860Avex Inc.Information and Communications, Services and Others

Full-Year Results Presentation for the Fiscal Year Ending March 2026

For the fiscal year ending March 2026, operating profit turned from a loss into a profit as live-related revenue and overseas sales of anime titles grew, while selling, general and administrative expenses were kept under control. Revenue reached a record high and exceeded the initial operating profit forecast.

Worth reading
69In 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
5904
Millions of yen (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending March 2026, full year12 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥146,571 million+11.3%
Operating profit¥4,085 million
Ordinary income¥4,333 million
Net income¥3,553 million+212.1%
Gross Profit Margin28.5%
Operating profit margin2.8%
Selling, general and administrative expenses¥37,694 million
Full-year earnings forecast
Operating profit
¥6,000 million
Profit attributable to owners of the parent
¥3,200 million
Annual dividend
¥50
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Finished above the initial earnings forecast
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Live revenue
    Change in amount7,910
  • Music streaming revenue
    Change in amount1,735
  • Anime revenue
    Change in amount3,630
  • General expenses
    Change in amount-913
  • Sales promotion and advertising expenses
    Change in amount740
  • Extraordinary income (including the transfer of SANRIO SOUTHEAST ASIA shares)
    Change in amount-5,266
New initiatives
  • Launched a group-wide AI utilization project
  • Established the new label “C&C STAGE”
  • Launched a global music publishing partnership with Bruno Mars
  • Launched a global music catalog investment project with a total investment of $100 million
  • Made U.S. management company S10 a subsidiary
  • Continued investment to create intellectual property
  • VIBY scheduled to debut in June
Key KPIsA metric the company considers important as a management benchmark.
  • Total number of performances1,138 performances
    Year on year against the same period last year+6 performances
  • Live attendance318 10,000 people
    Year on year against the same period last year±0
  • Average ticket price¥13,104
    Year on year against the same period last year+¥323
  • Albums sold3,922 thousand prescriptions
    Year on year against the same period last year-1,564 thousand copies
  • Singles sold3,750 thousand prescriptions
    Year on year against the same period last year-919 thousand copies
  • DVDs/Blu-rays sold1,534 thousand prescriptions
    Year on year against the same period last year+630 thousand copies
  • Monthly Spotify listeners (XG)591 10,000 people
  • TikTok views (ONE OR EIGHT)2.8 Hundred million authentications
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Number of performances1,138 performances
    Year on year against the same period last year+6
  • Attendance318 10,000 people
    Year on year against the same period last year±0
  • Average ticket price¥13,104
    Year on year against the same period last year+¥323
  • Average album price¥2,638
    Year on year against the same period last year-¥312
  • Albums sold3,922 thousand prescriptions
    Year on year against the same period last year-1,564 thousand copies
  • Average single price¥1,196
    Year on year against the same period last year+¥35
  • Singles sold3,750 thousand prescriptions
    Year on year against the same period last year-919 thousand copies
  • Average DVD/Blu-ray price¥5,763
    Year on year against the same period last year-¥401
  • DVDs/Blu-rays sold1,534 thousand prescriptions
    Year on year against the same period last year+630 thousand copies
Segment results
  • Music business
    Net Sales¥122,312 million (YoY +6.8%)
    Operating profit¥3,468 million
  • Anime and visual content business
    Net Sales¥21,723 million (YoY +17.5%)
    Operating profit¥1,062 million (YoY +254.8%)
  • Other Businesses
    Net Sales¥4,726 million (YoY +15.0%)
    Operating profit¥-439 million
Medium-term management plan targets
  • TargetConsolidated operating income
    Target value¥6 billion
    Target fiscal yearFiscal year ending March 2027
  • TargetFive-year projected operating cash flow (before investment)
    Target value¥30 billion
  • TargetStrategic investment to create intellectual property
    Target value¥25 billion
Financial targets
ROE
Actual results7%
PBR
Actual results1.00x
Cost of shareholders’ equity6.0～8.0%
Market Size / Share
  • Broadly defined anime marketApproximately ¥3.7 trillion (2024)
  • Music physical media marketUp 5.2% year on year
  • Paid music streaming market7.0% increase year on year
  • Live entertainment marketUp 5.3% year on year
  • Domestic video streaming services marketUp 6.3% year on year
Annual Dividend
Annual dividend per share¥50
Payout ratio
35%
Acquisition of treasury shares
Acquisition amount¥4.3 billion in total
PeriodMay 2024–December 2024
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥146,571 million (YoY +11.3%)
Operating profit¥4,085 million
Ordinary income¥4,333 million
Net income¥3,553 million (YoY +212.1%)
Gross Profit Margin28.5%
Operating profit margin2.8%
Selling, general and administrative expenses¥37,694 million
Full-year earnings forecastNet Sales Not disclosed / Operating profit ¥6,000 million / Profit attributable to owners of the parent ¥3,200 million / Annual dividend ¥50
Self-assessment against the planFinished above the initial earnings forecast
Segment resultsSegment Music business / Net Sales ¥122,312 million (YoY +6.8%) / Operating profit ¥3,468 million, Segment Anime and visual content business / Net Sales ¥21,723 million (YoY +17.5%) / Operating profit ¥1,062 million (YoY +254.8%), Segment Other Businesses / Net Sales ¥4,726 million (YoY +15.0%) / Operating profit ¥-439 million
Breakdown of Factors Affecting the ChangeFactors Live revenue / Change in amount ¥7,910 million, Factors Music streaming revenue / Change in amount ¥1,735 million, Factors Anime revenue / Change in amount ¥3,630 million, Factors General expenses / Change in amount ¥-913 million, Factors Sales promotion and advertising expenses / Change in amount ¥740 million, Factors Extraordinary income (including the transfer of SANRIO SOUTHEAST ASIA shares) / Change in amount ¥-5,266 million
Key KPIsIndicator name Total number of performances / Value 1,138 performances / Year on year against the same period last year +6 performances, Indicator name Live attendance / Value 318 10,000 people / Year on year against the same period last year ±0, Indicator name Average ticket price / Value ¥13,104 / Year on year against the same period last year +¥323, Indicator name Albums sold / Value 3,922 thousand prescriptions / Year on year against the same period last year -1,564 thousand copies, Indicator name Singles sold / Value 3,750 thousand prescriptions / Year on year against the same period last year -919 thousand copies, Indicator name DVDs/Blu-rays sold / Value 1,534 thousand prescriptions / Year on year against the same period last year +630 thousand copies, Indicator name Monthly Spotify listeners (XG) / Value 591 10,000 people / Year on year against the same period last year Not disclosed, Indicator name TikTok views (ONE OR EIGHT) / Value 2.8 Hundred million authentications / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Number of performances / Value 1,138 performances / Year on year against the same period last year +6 performances, Indicator name Attendance / Value 318 10,000 people / Year on year against the same period last year ±0, Indicator name Average ticket price / Value ¥13,104 / Year on year against the same period last year +¥323, Indicator name Average album price / Value ¥2,638 / Year on year against the same period last year -¥312, Indicator name Albums sold / Value 3,922 thousand prescriptions / Year on year against the same period last year -1,564 thousand copies, Indicator name Average single price / Value ¥1,196 / Year on year against the same period last year +¥35, Indicator name Singles sold / Value 3,750 thousand prescriptions / Year on year against the same period last year -919 thousand copies, Indicator name Average DVD/Blu-ray price / Value ¥5,763 / Year on year against the same period last year -¥401, Indicator name DVDs/Blu-rays sold / Value 1,534 thousand prescriptions / Year on year against the same period last year +630 thousand copies
Medium-term management plan targetsTarget Consolidated operating income / Target value ¥6 billion / Target fiscal year Fiscal year ending March 2027, Target Five-year projected operating cash flow (before investment) / Target value ¥30 billion / Target fiscal year Not disclosed, Target Strategic investment to create intellectual property / Target value ¥25 billion / Target fiscal year Not disclosed
Financial targetsROE Actual results 7% / Target value Not disclosed / PBR Actual results 1.00x / Target value Not disclosed / Cost of shareholders’ equity 6.0～8.0%
Annual DividendAnnual dividend per share ¥50 / Interim Not disclosed / End of period Not disclosed
Payout ratio35%
Acquisition of treasury sharesAcquisition amount ¥4.3 billion in total / Number of shares acquired Not disclosed / Period May 2024–December 2024
Market Size / ShareMarket Broadly defined anime market / Market Size Approximately ¥3.7 trillion (2024) / Share Not disclosed, Market Music physical media market / Market Size Up 5.2% year on year / Share Not disclosed, Market Paid music streaming market / Market Size 7.0% increase year on year / Share Not disclosed, Market Live entertainment market / Market Size Up 5.3% year on year / Share Not disclosed, Market Domestic video streaming services market / Market Size Up 6.3% year on year / Share Not disclosed
New initiativesLaunched a group-wide AI utilization project, Established the new label “C&C STAGE”, Launched a global music publishing partnership with Bruno Mars, Launched a global music catalog investment project with a total investment of $100 million, Made U.S. management company S10 a subsidiary, Continued investment to create intellectual property, VIBY scheduled to debut in June
Items this document does not state (9)
Results for the three months of the current quarterProgress against full-year forecastNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookCapital expendituresOrders received and order backlogKey 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.

In the music business, live-related revenue and music streaming revenue increased, while overseas sales of anime titles performed well in the anime and video business. Operating profit also improved due to a decrease in the provision for doubtful accounts, a review of expenditure execution and lower general expenses.

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.
Full-Year Results Presentation for the Fiscal Year Ending March 2026 | Avex Inc. (7860) timely disclosure | Komori