Tsuburaya Fields Holdings (2767) Q2 2025 earnings summary

Executive summary

• Net sales for H1 FY2024 declined 31.7% year-over-year to ¥45.76 billion, with profit attributable to owners of parent down 31.5% to ¥2.82 billion and operating profit down 24.2% to ¥4.07 billion.

• The content and digital segment saw growth in overseas MD and licensing revenues, while the PS business experienced a significant decline in unit sales due to industry-wide capital investments and market conditions.

• A major focus was placed on global expansion, new product launches, and strengthening the supply chain for high-margin operations.

Financial highlights

• Gross profit for H1 FY2024 was ¥12.49 billion, up 1.2% year-over-year, while SG&A expenses rose 20.7% to ¥8.42 billion.

• Ordinary profit fell 9.8% year-over-year to ¥5.33 billion.

• Basic earnings per share for the period was ¥45.08, compared to ¥63.03 in the previous year.

• Comprehensive income for H1 FY2024 was ¥4.01 billion, up 9.7% year-over-year.

• Cash and cash equivalents at end of period decreased to ¥21.25 billion, down by ¥13.56 billion from the previous fiscal year-end.

Outlook and guidance

• Full-year forecast for FY2025 remains unchanged: net sales of ¥155.0 billion, operating profit of ¥15.2 billion, and profit attributable to owners of parent of ¥11.6 billion.

• Dividend per share is expected to remain at ¥40 for the full year.

• The company expects continued global expansion of the ULTRAMAN CARD GAME and strong sales of new PS titles in the second half.