Worth reading
51Recurring
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
54.7
¥100 million (year-on-year decrease in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending February 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥88,742 million+4.6%
Operating profit¥13,869 million-28.3%
Ordinary income¥13,743 million-27.4%
Net income¥8,196 million-29.1%
Gross Profit Margin43.6 %
Operating profit margin15.6 %
Selling, general and administrative expenses¥24,780 million
Results for the three months of the current quarterOperating revenue of ¥88,742 million, operating profit of ¥13,869 million, ordinary profit of ¥13,743 million, and net income attributable to owners of the parent of ¥8,196 million, all for the first quarter alone
Full-year earnings forecast
Operating revenue
¥345,000 million
Operating profit
¥62,000 million
Ordinary income
¥67,000 million
Profit attributable to owners of the parent
¥41,000 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating revenue
Film distribution+¥1.3 billion
Film Exhibition+¥3.2 billion
Video-related business-¥1.4 billion
Real Estate Leasing±¥0 billion
Road business+¥100 million
Real estate maintenance and management+¥200 million
Operating profit
Film distribution+¥600 million
Film Exhibition+¥400 million
Video-related business-¥0.5 billion
Real Estate Leasing-¥100 million
Road business-¥0.2 billion
Real estate maintenance and management±¥0 billion
AdjustmentsDisclosed
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The forecast assumes equity-method investment gains and losses in line with typical years. Special gains and losses include ¥2 billion in dismantling costs for fixed assets. The initial forecast does not include the impact of TOHO Cinemas' ticket price revision, sales of owned real estate, sales of cross-shareholdings, or part of the impact of the corporate separation of TOHO Global.New initiatives
- Revision of TOHO Cinemas' movie ticket prices
- Planned acquisition of all shares of オーエス・シネブラザーズ
- Policy to reduce cross-shareholdings by more than ¥50 billion by the end of the fiscal year ending February 2030
- Strategic R&D investment to create next-generation entertainment
Key KPIsA metric the company considers important as a management benchmark.
Cinema attendance
12,005 thousand customers
Number of shows
398 times
Overseas revenue ratio
9.6 %
Segment results
Film Business
Operating revenue
¥43,381 million
Operating profit
¥9,598 million
Year on year against the same period last year
Operating revenue7.7
Operating profit6.1
IP and Animation business
Operating revenue
¥18,255 million
Operating profit
¥520 million
Year on year against the same period last year
Operating revenue-3.9
Operating profit-91.8
Theatrical Business
Operating revenue
¥5,908 million
Operating profit
¥475 million
Year on year against the same period last year
Operating revenue15.5
Operating profit578.6
Real Estate Business
Operating revenue
¥20,425 million
Operating profit
¥5,556 million
Year on year against the same period last year
Operating revenue1.4
Operating profit-6.8
Other Businesses
Operating revenue
¥772 million
Operating profit
¥-22 million
Year on year against the same period last year
Operating revenue128.4
Operating profit-148.9
Medium-term management plan targets
2032 operating profit of the IP and anime businessAt least 200% of ¥22.2 billion in the fiscal year ended February 2025 (at least ¥44.4 billion)
Consolidated operating profit¥75 billion–¥100 billion
Target fiscal year2032
Financial targets
Consolidated net assets ratio: reduce cross-shareholdings to below 20% by the end of the fiscal year ending February 2027 and below 10% by the end of the fiscal year ending February 2030Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
¥2 billion in dismantling costs for fixed assets included in special gains and losses| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending February 2027 |
| Net Sales | ¥88,742 million (YoY +4.6%) |
| Operating profit | ¥13,869 million (YoY -28.3%) |
| Ordinary income | ¥13,743 million (YoY -27.4%) |
| Net income | ¥8,196 million (YoY -29.1%) |
| Gross Profit Margin | 43.6 % |
| Operating profit margin | 15.6 % |
| Selling, general and administrative expenses | ¥24,780 million |
| Results for the three months of the current quarter | Operating revenue of ¥88,742 million, operating profit of ¥13,869 million, ordinary profit of ¥13,743 million, and net income attributable to owners of the parent of ¥8,196 million, all for the first quarter alone |
| Full-year earnings forecast | Operating revenue ¥345,000 million / Operating profit ¥62,000 million / Ordinary income ¥67,000 million / Profit attributable to owners of the parent ¥41,000 million |
| Segment results | Film Business Operating revenue ¥43,381 million / Operating profit ¥9,598 million / Year on year against the same period last year Operating revenue 7.7 / Operating profit 6.1 / IP and Animation business Operating revenue ¥18,255 million / Operating profit ¥520 million / Year on year against the same period last year Operating revenue -3.9 / Operating profit -91.8 / Theatrical Business Operating revenue ¥5,908 million / Operating profit ¥475 million / Year on year against the same period last year Operating revenue 15.5 / Operating profit 578.6 / Real Estate Business Operating revenue ¥20,425 million / Operating profit ¥5,556 million / Year on year against the same period last year Operating revenue 1.4 / Operating profit -6.8 / Other Businesses Operating revenue ¥772 million / Operating profit ¥-22 million / Year on year against the same period last year Operating revenue 128.4 / Operating profit -148.9 |
| Breakdown of Factors Affecting the Change | Operating revenue Film distribution +¥1.3 billion / Film Exhibition +¥3.2 billion / Video-related business -¥1.4 billion / Real Estate Leasing ±¥0 billion / Road business +¥100 million / Real estate maintenance and management +¥200 million / Operating profit Film distribution +¥600 million / Film Exhibition +¥400 million / Video-related business -¥0.5 billion / Real Estate Leasing -¥100 million / Road business -¥0.2 billion / Real estate maintenance and management ±¥0 billion / Adjustments Disclosed |
| Key KPIs | Cinema attendance 12,005 thousand customers / Number of shows 398 times / Overseas revenue ratio 9.6 % |
| Assumptions Underlying the Business Outlook | The forecast assumes equity-method investment gains and losses in line with typical years. Special gains and losses include ¥2 billion in dismantling costs for fixed assets. The initial forecast does not include the impact of TOHO Cinemas' ticket price revision, sales of owned real estate, sales of cross-shareholdings, or part of the impact of the corporate separation of TOHO Global. |
| Risk amount incorporated into the outlook | ¥2 billion in dismantling costs for fixed assets included in special gains and losses |
| Medium-term management plan targets | 2032 operating profit of the IP and anime business At least 200% of ¥22.2 billion in the fiscal year ended February 2025 (at least ¥44.4 billion) / Consolidated operating profit ¥75 billion–¥100 billion / Target fiscal year 2032 |
| Financial targets | Consolidated net assets ratio: reduce cross-shareholdings to below 20% by the end of the fiscal year ending February 2027 and below 10% by the end of the fiscal year ending February 2030 |
| New initiatives | Revision of TOHO Cinemas' movie ticket prices, Planned acquisition of all shares of オーエス・シネブラザーズ, Policy to reduce cross-shareholdings by more than ¥50 billion by the end of the fiscal year ending February 2030, Strategic R&D investment to create next-generation entertainment |
Items this document does not state (12)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAnnual DividendPayout ratioAcquisition of treasury sharesCapital 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.Operating revenue increased as box-office performance was strong, driven by hit films distributed by the Group and other companies. The main reason for the decline in profit was consolidation adjustments associated with the corporate separation of TOHO Global. In the IP and anime business, costs corresponding to overseas revenue and other expenses were recorded ahead of the related revenue.
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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