Impress Holdings (9479) investor relations material

Executive summary

• Operating loss narrowed to -237 million yen for FY2024, a 246 million yen improvement year-over-year, aided by business restructuring and cost reductions, despite a temporary 86 million yen expense from withdrawal of the original comic/manga business.

• Consolidated sales were 14,387 million yen, down 0.5% year-over-year, as gains in Publishing/E-publishing and Platform were offset by declines in Internet Media, Target Media, and Solution businesses.

• Net loss attributable to shareholders improved to 105 million yen from 1,036 million yen loss, aided by one-time gains from sale of affiliate shares.

• Business structure reforms in publishing led to cost reductions and improved profitability, but digital media segment underperformed.

• Company plans to delist on July 28, 2025, following share consolidation and articles of incorporation changes.

Financial highlights

• Net sales: 14,387 million yen (-0.5% year-over-year); Operating profit: -237 million yen (+246 million yen year-over-year); Ordinary profit: -122 million yen (+243 million yen year-over-year); Net profit: -105 million yen (+931 million yen year-over-year).

• Marginal profit increased 0.9% to 7,017 million yen; marginal profit ratio improved by 0.7pt to 48.8%.

• Gross profit rose to 5,101 million yen (from 5,007 million yen), while operating margin improved to -1.7% from -3.3%.

• Cash and cash equivalents at year-end: 4,600 million yen, down 314 million yen from prior year.

• Dividend per share was 4.00 yen, with payout from capital surplus; no forecast for next year due to delisting.

Outlook and guidance

• Continued focus on restoring profitability through product value improvement, liquidation of unprofitable products, and fixed cost reduction, especially in Publishing.

• Ongoing efforts to offset digital advertising weakness and stabilize revenue streams across segments.