Toho Holdings (8129) Q1 2025 earnings summary

Executive summary

• Q1 FY2/25 saw record highs in operating revenue, operating profit, ordinary profit, and profit attributable to owners of parent, driven by strong performance in the Cinema and Animation businesses, with major film releases boosting revenues.

• Growth was led by Cinema and Production & Licensing segments, despite declines in Movie Theater Chain and Theatrical businesses.

• The company continues to pursue its TOHO VISION 2032 strategy, focusing on sustainable growth and corporate value enhancement.

Financial highlights

• Operating revenue rose 15.9% year-over-year to ¥85,976 million; operating profit increased 34.1% to ¥24,576 million; profit attributable to owners of parent climbed 31.4% to ¥16,149 million.

• Gross profit increased to ¥43,370 million from ¥34,736 million year-over-year.

• Basic earnings per share rose to ¥94.07 from ¥70.41 year-over-year.

• Net cash provided by operating activities was ¥23,745 million, up from ¥10,685 million in the prior year.

Outlook and guidance

• FY2/25 full-year forecasts remain unchanged: operating revenue ¥280,000 million, operating profit ¥55,000 million, profit attributable to owners of parent ¥39,000 million, and basic EPS ¥227.18.

• Annual dividend forecast is ¥70 per share, maintaining a payout ratio of 30% or more.

• No revisions to previously announced earnings forecasts.