Bushiroad Consolidated Financial Results for the Fiscal Year Ended July 31, 2019

Key insights

6 takeaways

01
Bushiroad reported net sales of 32.18 billion yen for the fiscal year ending July 31, 2019, representing an 11.4 percent year-over-year increase.See it on page 1
02
The company achieved an operating profit of 3.06 billion yen and earnings per share of 132.12 yen.See it on page 1
03
Financial growth was primarily driven by the performance of the BanG Dream! franchise and the international expansion of New Japan Pro-Wrestling, which included an event at Madison Square Garden.See it on page 5
04
Cash and cash equivalents reached approximately 12.57 billion yen, supported by a 1,000-for-1 share split and a listing on the Tokyo Stock Exchange Mothers market.See it on page 18
05
The company plans to utilize capital from recent public offerings and third-party allotments to fund further international expansion and new IP development.See it on page 20
06
Management remains committed to an IP-centric growth model aimed at maintaining double-digit growth in future fiscal periods.See it on page 6

Summary

Bushiroad achieved significant financial growth during the fiscal year ending July 31, 2019, characterized by an 11.4 percent increase in net sales to 32.18 billion yen and an operating profit of 3.06 billion yen. This performance reflects the company’s successful execution of its core business strategy, which centers on the development and monetization of intellectual properties across both entertainment and sports sectors. Key drivers for this expansion included the robust performance of the BanG Dream! franchise and the international scaling of New Japan Pro-Wrestling, highlighted by a landmark event at Madison Square Garden.

The company’s financial position strengthened considerably throughout the period, with cash and cash equivalents rising to approximately 12.57 billion yen. This liquidity was bolstered by strategic financing activities, including a 1,000-for-1 share split and a successful listing on the Tokyo Stock Exchange Mothers market. Earnings per share reached 132.12 yen, providing a stable foundation for the firm’s ongoing capital allocation strategy. These results underscore the effectiveness of the company’s dual-track focus on high-quality content creation and aggressive market penetration.

Moving forward, the organization remains committed to an IP-centric growth model, prioritizing the acquisition and development of new titles to sustain double-digit growth. By leveraging capital raised through recent third-party allotments and public offerings, the company intends to accelerate its international expansion efforts. This forward-looking approach aims to solidify its status as a premier IP developer, ensuring that the momentum generated in the 2019 fiscal year translates into long-term value creation within the global entertainment landscape.