Financial

Bushiroad Issues Financial Report for First Two Quarters of Fiscal 2026

1 February 20261 pages687 words

Summary

Bushiroad Inc. experienced significant financial growth during the first half of fiscal year 2026, covering the period from July 1, 2025, to December 31, 2025. Net sales reached 27,839 million yen, representing an 8.2% increase compared to the same period in the previous year. This growth in revenue was accompanied by a substantial surge in profitability across all primary metrics. Operating profit rose by 68.5% to 2,908 million yen, while ordinary profit climbed 81.8% to 3,488 million yen. Most notably, profit attributable to owners of the parent more than doubled, increasing by 107.4% to reach 2,577 million yen. The financial position of the company remains stable, with total assets increasing to 50,742 million yen and net assets rising to 28,150 million yen. The equity-to-asset ratio improved from 47.7% at the end of fiscal 2025 to 52.2% by the end of the second quarter of fiscal 2026. Per-share data reflects a two-for-one share split executed on October 1, 2025; adjusting for this split, profit per share for the first two quarters stood at 19.00 yen, compared to 9.01 yen in the prior year. Despite the strong performance in the first half of the year, the full-year forecast for fiscal 2026 suggests a more conservative outlook for the remaining periods. The year-end targets include net sales of 56,000 million yen and an operating profit of 4,500 million yen, which would represent slight year-over-year declines of 0.3% and 7.6%, respectively. This indicates an expectation of a significant deceleration in the second half of the fiscal year. The company plans an annual dividend of 2.50 yen per share, following the adjustments necessitated by the recent stock split.

Pages

Citation

Generating citation...

Similar Documents

Financial

Bushiroad Issues Financial Report for First Quarter of Fiscal 2026

Bushiroad Inc. experienced significant growth in profitability during the first quarter of fiscal year 2026, covering the period from July 1, 2025, to September 30, 2025. Net sales reached 13,766 million yen, representing a 12.2% increase compared to the same period in the previous fiscal year. This revenue growth was accompanied by a substantial surge in operating profit, which rose 226.6% to 1,668 million yen. Ordinary profit and profit attributable to owners of the parent also saw dramatic improvements, reaching 1,932 million yen and 1,663 million yen respectively, rebounding from much lower or negative figures in the prior year. The financial position of the company remains stable, with total assets valued at 47,971 million yen and net assets increasing to 26,844 million yen. This resulted in an improved equity-to-asset ratio of 52.7%, up from 47.7% at the end of fiscal 2025. A notable corporate action during this period was a two-for-one share split effective October 1, 2025. Consequently, profit per share for the quarter was 12.27 yen when calculated on a post-split basis, a sharp increase from the 0.42 yen recorded in the first quarter of fiscal 2025. Despite the strong start to the year, the full-year forecast for fiscal 2026 suggests a more conservative outlook. Management anticipates annual net sales of 56,000 million yen, a slight decrease of 0.3% year-over-year. Operating profit for the full year is projected to decline by 7.6% to 4,500 million yen, while profit attributable to owners of the parent is expected to drop 21.0% to 2,700 million yen. The company plans an annual dividend of 2.50 yen per share on a post-split basis, reflecting a cautious approach to the remainder of the fiscal year ending June 30, 2026.

investment market-analysis monetization+1

BushiroadNov 2025

Financial

FY2026 1Q Financial Results Briefing Material

Bushiroad’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.

investment market-analysis market-forecast+1

BushiroadNov 2025

Financial

FY2026 2Q Financial Results Briefing Material

Bushiroad Inc. achieved a steady financial performance through the second quarter of fiscal year 2026, reporting net sales of 14,072 million yen for the period and cumulative first-half sales of 27,839 million yen. This 4.6% year-over-year increase reflects a resilient business model that balances traditional entertainment segments with expanding global reach. While the core Trading Card Game segment experienced a minor dip due to a lighter release schedule, the successful launch of the hololive OFFICIAL CARD GAME and a rising overseas sales ratio of 43.5% provided a stable foundation. Growth was further bolstered by high attendance in the Sports segment, particularly for New Japan Pro-Wrestling and STARDOM, alongside a significant foreign exchange gain. The company has already reached 64.6% of its full-year operating profit forecast, supported by the expansion of the PalVerse figure brand and consistent console game releases. Strategic focus remains on the worldwide mobile launch of HUNTER×HUNTER NEN×SURVIVOR in early 2026 and major product updates for flagship titles like Weiβ Schwarz and Cardfight!! Vanguard. Although the third quarter is expected to be a transitional period characterized by higher marketing expenditures and product specification updates, the full-year consolidated forecast remains unchanged. Long-term growth initiatives are centered on international IP utilization and capital efficiency. A strategic alliance with GENDA Inc. aims to accelerate global expansion, while the planned cancellation of 6,000,000 treasury shares in late 2025 underscores a commitment to enhancing shareholder returns. By integrating live events, digital gaming, and physical merchandise across domestic and international markets, the organization is positioning itself to navigate short-term transitional costs while securing a broader global footprint.

investment market-analysis market-forecast+3

BushiroadJan 2026

Financial

Consolidated Financial Statements for the Second Quarter and First Half-Year Period of Fiscal Year Ending March 31, 2026 (Japanese GAAP)

Akatsuki Inc. experienced a period of strategic transition during the first half of the fiscal year ending March 31, 2025, characterized by a contraction in core gaming revenue alongside aggressive expansion into new business segments. Net sales declined 20.6% year-on-year to ¥9,915 million, while operating profit fell 42.4% to ¥1,724 million. This downturn was primarily driven by a reactionary decline in the performance of existing game titles. However, net income attributable to owners rose 31.4% to ¥1,853 million, bolstered by the successful launch of Kaiju No. 8 The Game and the growing contribution of the Entertainment and Lifestyle segment. The financial structure underwent significant shifts as the company expanded its consolidation scope to include six new entities, most notably CRAYON Inc., Natee, Inc., and PAPABUBBLE JAPAN HD, Inc. These acquisitions, totaling several billion yen, resulted in a provisional goodwill increase of ¥3,352 million and a rise in long-term borrowings to ¥6,763 million. To reflect this evolving business model, the company restructured its reporting segments, merging Games and Comics while elevating the Entertainment and Lifestyle division due to its increased materiality and growth potential. Despite the growth in net income and the expansion of the IP-driven lifestyle business, management has opted not to provide consolidated operating forecasts for the remainder of the fiscal year. This decision stems from high levels of uncertainty within the Games and Comic sectors, where market volatility makes precise projections difficult. The current strategy focuses on balancing the stabilization of the core gaming portfolio with the integration of newly acquired subsidiaries to diversify revenue streams beyond traditional digital entertainment.

investment mergers-acquisitions japan

AkatsukiNov 2025

Financial

Summary of Financial Results for First Half of Fiscal Year Ending December 31, 2016

KLab Inc. reported a significant downturn in financial performance for the first half of the fiscal year ending December 31, 2016, covering the period from January 1 to June 30, 2016. Consolidated revenue fell 14.9% year-over-year to 8.88 billion yen, primarily driven by declining contributions from the title Love Live! School Idol Festival. The company’s profitability metrics showed a sharper decline, with operating income plummeting 96.7% to 51 million yen. The period concluded with an ordinary loss of 746 million yen and a net loss attributable to owners of the parent of 1.34 billion yen, a stark reversal from the 665 million yen profit recorded in the same period of 2015. The financial results were heavily impacted by non-operating and extraordinary items. The company recorded 752 million yen in foreign exchange losses due to the valuation of foreign currency assets. Furthermore, extraordinary losses reached 867 million yen, largely stemming from 757 million yen in impairment losses related to the titles Puzzle Wonderland and Age of Empires: World Domination. Despite these losses, KLab maintained a strong equity ratio of 78.4%, though total assets decreased by 1.82 billion yen compared to the end of the previous fiscal year. Looking forward, the company provided a forecast for the first three quarters of 2016, projecting revenue of 14.88 billion yen and an operating income of 1 billion yen, though it anticipates a net loss of 797 million yen for that period. A full-year forecast was withheld due to the inherent volatility of the mobile gaming industry and the difficulty of predicting hit products. Methodologically, the report follows Japanese GAAP and notes changes in accounting policies regarding business combinations and depreciation methods for certain facilities.

investment japan market-analysis+1

KLabAug 2016

Financial

Consolidated Financial Statements for the First Quarter of Fiscal Year Ending March 31, 2026 (Japanese GAAP)

Akatsuki Inc. experienced a significant downturn in financial performance during the first quarter of the fiscal year ending March 31, 2026, characterized by a 44.0% year-on-year decline in net sales to ¥2,313 million. This contraction led to a widened operating loss of ¥1,698 million and a net loss of ¥1,167 million. The primary driver of this decline was the Games business, where revenue plummeted 52.3% to ¥1,782 million. This segment’s performance was impacted by a strategic portfolio review and a transition period for flagship titles such as Dragon Ball Z Dokkan Battle, resulting in a segment loss of ¥1,643 million. Furthermore, the company recorded a ¥103 million extraordinary loss stemming from the discontinuation of a specific game title and subsequent organizational restructuring. Despite these challenges in the core gaming sector, the newly reclassified IP Solutions segment emerged as a growth driver, with revenue increasing 167.2% to ¥298 million and achieving a segment profit of ¥122 million following the consolidation of CRAYON, Inc. Conversely, the Comics business saw an 18.3% revenue decline, though it successfully returned to a modest segment profit of ¥20 million. Total assets decreased by ¥3,656 million during the period, settling at ¥50,976 million, yet the company maintains a robust financial foundation with a high equity ratio of 78.7%. The current strategic trajectory involves a pivot toward large-scale, 3D multi-device projects designed for global markets. This shift aims to stabilize the Games segment by moving beyond traditional mobile constraints while leveraging the momentum found in IP-driven solutions. While the immediate financial results reflect the costs of reorganization and the volatility of existing game lifecycles, the emphasis remains on long-term scalability and the diversification of revenue streams across the broader entertainment landscape.

investment market-analysis market-forecast+1

AkatsukiAug 2025

Bushiroad Issues Financial Report for First Two Quarters of Fiscal 2026

Summary

Tags

Pages

Citation

Citation

Similar Documents

Bushiroad Issues Financial Report for First Quarter of Fiscal 2026

FY2026 1Q Financial Results Briefing Material

FY2026 2Q Financial Results Briefing Material

Consolidated Financial Statements for the Second Quarter and First Half-Year Period of Fiscal Year Ending March 31, 2026 (Japanese GAAP)

Summary of Financial Results for First Half of Fiscal Year Ending December 31, 2016

Consolidated Financial Statements for the First Quarter of Fiscal Year Ending March 31, 2026 (Japanese GAAP)