FinancialBushiroad
FY2026 1Q Financial Results Briefing Material
1 Nov 202535 pages~23 min full read
Bushiroad achieved a 12.2% increase in net sales to 13,766 million yen and a 227% surge in operating profit for 1Q FY2026.
See it on page 26Overseas revenue reached a record 44.5% of total sales, driven by the global performance of titles like Weiß Schwarz and the launch of Hunter × Hunter NEN×IMPACT.
See it on page 14The trading card game segment served as the primary growth catalyst, bolstered by the successful market introduction of the Godzilla and hololive official card games.
See it on page 12Operating profit margin improved to 12.1%, supported by a transition to a single reporting segment and reduced R&D expenditure within the digital games unit.
See it on page 4The company has secured 37.1% of its full-year operating profit target, indicating strong progress toward meeting annual financial forecasts.
See it on page 26Future strategy focuses on an integrated 'IP Developer' model, utilizing cross-company alliances and investments in partners like YUHODO and SANZIGEN to scale content across anime, games, and live events.
See it on page 32Bushiroad’s financial performance for the first quarter of fiscal year 2026 reflects a period of significant expansion and profitability, characterized by a 12.2% increase in net sales to 13,766 million yen and a 227% surge in operating profit. This growth was primarily catalyzed by the trading card game segment, which benefited from the successful launches of the Godzilla and hololive official card games. Strategic shifts, including the transition to a single reporting segment and reduced research and development costs within the digital games unit, further bolstered the operating profit margin to 12.1%.
The geographic scope of operations has shifted increasingly toward international markets, with overseas sales reaching a record 44.5% of total revenue. This global momentum is supported by the strong performance of established titles like Weiß Schwarz and the release of Hunter × Hunter NEN×IMPACT. While merchandise sales saw a slight year-on-year decline due to high prior-year comparisons, the live entertainment division maintained positive momentum through sold-out events in Shanghai and Japan. The company has already achieved 37.1% of its full-year operating profit target, positioning it well to meet annual forecasts.
Future growth is anchored in an integrated "IP Developer" and "One-Stop Media Mix" strategy, which seeks to synchronize anime, digital games, and live events to maximize brand value. Key initiatives include the global expansion of the PalVerse brand, strategic investments in production partners like YUHODO and SANZIGEN, and large-scale events such as Bushiroad EXPO 2026. By leveraging cross-company alliances and high-profile intellectual properties like BanG Dream!, the organization aims to solidify its role as a global platform company capable of scaling both internal and third-party content across the entertainment landscape.
