AlphaPolis (9467) Q4 2025 earnings summary

Executive summary

• Net sales for FY ended March 31, 2025, rose 31.8% year-over-year to 13,620 million yen, with ordinary profit up 42.0% to 3,236 million yen, driven by strong e-book and new title sales.

• Operating profit increased 41.8% year-over-year to 3,222 million yen; net income grew 43.9% to 2,019 million yen.

• Quarterly net sales and profits reached record highs for four consecutive quarters, supported by sales expansion measures and successful anime adaptations.

• A three-for-one stock split was conducted on January 1, 2025.

• Upward revisions to earnings and dividend forecasts were made mid-year due to robust e-book and series performance.

Financial highlights

• Gross profit increased 34.6% year-over-year to 10,206 million yen; operating profit margin rose to 23.7%.

• Cash and cash equivalents at year-end were 11,567 million yen, up from 9,707 million yen.

• Total assets increased to 16,891 million yen from 13,946 million yen; net assets rose to 13,708 million yen from 11,689 million yen.

• Selling, general, and administrative expenses grew 31.5% year-over-year, mainly from higher sales commissions and increased promotion/advertising for content and anime.

• All genres saw net sales growth: manga up 33.8%, light novels up 28.0%, paperback up 4.0%.

Outlook and guidance

• FY2025 plan targets a 17.5% increase in net sales to 16.0 billion yen and a 14.6% rise in ordinary profit to 3.71 billion yen, aiming for record highs.

• Forecasts for FY2026: net sales 16,000 million yen (+17.5% YoY), operating profit 3,700 million yen (+14.8% YoY), net income 2,300 million yen (+13.9% YoY), EPS 79.14 yen.

• Planned dividend per share for FY2025 is 24 yen, up 10 yen from the previous year, with a payout ratio of 30.3%.

• 787 items are planned for publication, with a focus on expanding manga titles and e-book sales.