Toho Holdings (8129) Q1 2026 earnings summary

Executive summary

• Operating revenue for 1Q FY2/26 was ¥84.878 billion, with operating profit at ¥19.339 billion, both declining year-over-year due to the absence of major film and streaming hits, though streaming rights revenues for TOHO animation titles remained strong domestically and internationally.

• Profit attributable to owners of parent fell 28.4% year-over-year to ¥11.565 billion.

• The company implemented a new mid-term plan and restructured its segment reporting, establishing IP and Anime as a separate segment.

• The full-year profit forecast was revised upward due to extraordinary income from the sale of cross-shareholdings.

Financial highlights

• Operating revenue decreased by 1.3% year-over-year to ¥84.9 billion.

• Operating profit dropped 21.3% to ¥19.3 billion; ordinary profit fell 18.9% to ¥18.9 billion.

• Profit attributable to owners of parent was ¥11.6 billion, down 28.4% year-over-year.

• Gross profit decreased to ¥40.065 billion from ¥43.37 billion year-on-year.

• Basic earnings per share fell to ¥68.21 from ¥94.07 year-on-year.

Outlook and guidance

• Full-year forecasts for FY2/26 were revised upward for profit attributable to owners of parent, now expected at ¥43.5 billion (up 16% from the initial forecast) due to extraordinary income from cross-shareholding sales.

• Operating revenue and operating profit are forecasted to remain flat at ¥300 billion and ¥57 billion, respectively.

• Dividend payout ratio target raised to 35% or more, with a minimum annual dividend of ¥85 per share.