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ANYCOLOR (5032) investor relations material

ANYCOLOR Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary10 Dec, 2025

Executive summary

  • Q2 FY26/4 revenue reached ¥10,558 million, up 6.6% year-over-year, with operating profit at ¥4,069 million and net profit at ¥2,838 million, both showing slight increases from the previous year.

  • Net sales for the six months ended October 31, 2025, rose 51.8% year-over-year to ¥26,326 million, with operating profit up 63.8% to ¥11,072 million and net profit up 64.9% to ¥7,722 million.

  • Growth was driven by strong performance in commerce and events, as well as increased engagement in the VTuber business, with 170 VTubers and 1,852,000 ANYCOLOR IDs, up 28.5% year-over-year.

  • Livestreaming and promotion segments delivered stable results, while event revenue exceeded expectations due to strong online ticket demand.

  • Commerce segment was impacted by the timing of merchandise releases, resulting in results near the lower end of forecasts.

Financial highlights

  • Q2 operating profit margin was 38.5%, and net profit margin was 26.9%.

  • H1 FY26/4 revenue totaled ¥26,327 million, with operating profit of ¥11,073 million, up 63.8% year-over-year.

  • Gross profit increased to ¥13,042 million from ¥8,374 million year-over-year, with a gross margin of approximately 49.6%.

  • Basic earnings per share rose to ¥126.41 from ¥75.51 year-over-year.

  • Direct variable costs as a percentage of revenue improved, reflecting cost discipline in event organization.

Outlook and guidance

  • Q3 FY26/4 revenue is forecast at ¥13,500–14,850 million, up 16.7–28.4% year-over-year, with operating profit expected at ¥5,480–6,250 million.

  • Full-year FY26/4 revenue guidance was revised upward to ¥52,000–54,000 million, with operating profit of ¥21,000–22,000 million and net profit of ¥14,570–15,260 million.

  • Dividend forecast raised to ¥75.0 per share (¥35.0 interim, ¥40.0 year-end), reflecting a payout ratio of 30% or higher.

  • Mid-term plan targets 88% revenue growth and 94% operating profit growth by FY27/4 compared to FY24/4.

How will new VTuber debuts impact full-year forecast?
What's driving direct cost improvement?
What is the plan for increased cash reserves?
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Frequently asked questions

ANYCOLOR Inc is a Japanese entertainment and technology company known for managing virtual talents and digital content creators. It operates virtual livestreaming services and develops multimedia content involving voice-acted characters and interactive performances. The company’s services target online entertainment consumers in Japan and overseas. It is headquartered in Tokyo, Japan, and its shares are listed on the TSE.

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