Worth reading
59In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
32
％Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales215,073¥ millionYear on year +2.1%Progress 49.4%
Operating profit10,470¥ millionYear on year -32.0%Progress 45.5%
Ordinary income18,687¥ millionYear on year -18.3%Progress 49.2%
Net income attributable to owners of the parent17,666¥ millionYear on year -61.1%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥114.18
Financial position at period-end
Total assets2,105,670¥ million
of which net assets 1,461,763 ¥ millionEquity ratio 69.0%vs. prior year-end -0.3pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+1,385
Investment-45,760
Financials-31,152
Net change-75,527
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥49,554 million
Segment revenueMedia and Content Business ¥157,682 million (YoY +1.7%), Lifestyle Business ¥48,704 million (YoY +3.4%), Real Estate and Other Business ¥8,686 million (YoY +2.7%)
Segment profitMedia and Content Business ¥4,193 million (YoY -56.7%), Lifestyle Business ¥552 million (YoY -67.2%), Real Estate and Other Business ¥5,724 million (YoY +41.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥435,000 million (YoY +2.4%)
Operating profit¥23,000 million (YoY -7.1%)
Ordinary income¥38,000 million (YoY +1.7%)
Profit attributable to owners of the parent¥48,500 million (YoY -7.1%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥84 → ¥100（+19.0%）
Factors Behind Changes in Business Performance
Higher business revenue and growth in paid streaming revenue offset the decline in broadcasting revenue, resulting in higher net sales. However, operating profit declined due to higher operating expenses. The decline in ordinary profit was narrower due mainly to higher dividend income, while interim net income attributable to owners of the parent decreased due mainly to lower gains on sales of investment securities.
Disclosure regarding the going concern assumption
Not applicable
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 3 / Company name 株式会社SAND B, 株式会社ケイコンテンツ, 株式会社ゼノトゥーン / Excluded Not disclosed
Impairment loss¥50 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of investment securities ¥11,189 million / Extraordinary loss Loss on valuation of investment securities ¥953 million, Loss on business restructuring ¥900 million, Loss on sales of shares in affiliates ¥567 million, Costs for removal of property, plant and equipment ¥152 million, Loss on sales of investment securities ¥118 million, Impairment loss ¥50 million
Depreciation and amortization¥7,328 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and securities analysts
Issued Shares at Period-End161,091,065
Treasury Shares at Period-End8,830,966
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥215,073 million (YoY +2.1%) |
| Operating profit | ¥10,470 million (YoY -32.0%) |
| Ordinary income | ¥18,687 million (YoY -18.3%) |
| Profit attributable to owners of the parent | ¥17,666 million (YoY -61.1%) |
| Net income per share | ¥114.18 |
| Equity ratio | End of the current fiscal period 69 / End of previous period 69.3 |
| Total assets | ¥2,105,670 million |
| Net assets | ¥1,461,763 million |
| Cash flows from operating activities | ¥1,385 million |
| Cash flows from investing activities | ¥-45,760 million |
| Cash flows from financing activities | ¥-31,152 million |
| Cash and cash equivalents at end of period | ¥49,554 million |
| Full-year earnings forecast | Net Sales ¥435,000 million (YoY +2.4%) / Operating profit ¥23,000 million (YoY -7.1%) / Ordinary income ¥38,000 million (YoY +1.7%) / Profit attributable to owners of the parent ¥48,500 million (YoY -7.1%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥84 → ¥100（+19.0%） |
| Segment revenue | Media and Content Business ¥157,682 million (YoY +1.7%), Lifestyle Business ¥48,704 million (YoY +3.4%), Real Estate and Other Business ¥8,686 million (YoY +2.7%) |
| Segment profit | Media and Content Business ¥4,193 million (YoY -56.7%), Lifestyle Business ¥552 million (YoY -67.2%), Real Estate and Other Business ¥5,724 million (YoY +41.9%) |
| Depreciation and amortization | ¥7,328 million |
| Impairment loss | ¥50 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sales of investment securities ¥11,189 million / Extraordinary loss Loss on valuation of investment securities ¥953 million, Loss on business restructuring ¥900 million, Loss on sales of shares in affiliates ¥567 million, Costs for removal of property, plant and equipment ¥152 million, Loss on sales of investment securities ¥118 million, Impairment loss ¥50 million |
| Disclosure regarding the going concern assumption | Not applicable |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 3 / Company name 株式会社SAND B, 株式会社ケイコンテンツ, 株式会社ゼノトゥーン / Excluded Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and securities analysts |
| Issued Shares at Period-End | 161,091,065 |
| Treasury Shares at Period-End | 8,830,966 |
| Factors Behind Changes in Business Performance | Higher business revenue and growth in paid streaming revenue offset the decline in broadcasting revenue, resulting in higher net sales. However, operating profit declined due to higher operating expenses. The decline in ordinary profit was narrower due mainly to higher dividend income, while interim net income attributable to owners of the parent decreased due mainly to lower gains on sales of investment securities. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
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.Although broadcasting revenue declined, higher business revenue and growth in paid streaming revenue resulted in higher net sales. Operating profit declined because operating expenses increased 4.8% year on year, while interim net income attributable to owners of the parent decreased due mainly to lower gains on sales 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.