Sanrio Company (8136) investor relations material

Executive summary

• Consolidated net sales for the nine months ended December 31, 2025, reached ¥143.1B (up 36.7% YoY), with record highs in both Japan and overseas markets, especially mainland China and Europe, driven by global character popularity and marketing initiatives.

• Operating profit increased 51.8% YoY to ¥62.3B, and net profit attributable to owners rose 29.3% to ¥43.7B.

• Full-year forecasts were revised upward, with net sales expected at ¥190.6B and net profit at ¥52.0B, reflecting robust results and anticipated continued strength in key segments.

Financial highlights

• Cumulative Q3 FY3/2026 sales: ¥143.1B (up 36.7% YoY); operating profit: ¥62.3B (up 51.8% YoY); adjusted operating profit: ¥60.4B (up 44.1% YoY).

• Gross profit margin improved to 78.4% (up 1.4pt YoY); EBITDA margin rose to 45.0% (up 4.2pt YoY); OP margin: 43.6% (up 4.4pt YoY).

• Net profit attributable to owners: ¥43.7B (up 29.3% YoY); basic EPS: ¥181.66 (up from ¥143.07 YoY).

• Ordinary profit reached ¥63.4B, a 48.7% increase YoY.

• Comprehensive income for the period was ¥41.4B, up from ¥33.3B YoY.

Outlook and guidance

• Full-year forecast revised upward: net sales ¥190.6B, operating profit ¥75.1B, adjusted operating profit ¥74.5B, net profit ¥52.0B.

• Expectation of continued strong performance in Japan, mainland China, and Europe in Q4.

• Targeting 10% CAGR in operating profit through FY3/2035 and 10% YoY growth in FY3/2027.

• Year-end dividend forecast increased to ¥35 per share, total annual dividend to ¥66 per share.