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Toei Animation (4816) investor relations material
Toei Animation Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 net sales rose 3.7% YoY to ¥46.612bn, the second-highest first-half result; operating profit fell 8.9% to ¥15.161bn, the third-highest for the period.
Merchandising rights and Sales of Goods growth offset lower overseas streaming-rights sales; fewer high-margin contracts and higher investment-related SG&A weighed on profit.
Financial highlights
H1 net sales were ¥46.612bn, up 3.7% YoY; gross profit was ¥25.203bn, up 1.6%, while SG&A rose 22.8% to ¥10.042bn.
H1 operating profit was ¥15.161bn, down 8.9%; ordinary profit was ¥16.182bn, down 9.6%; parent-attributable profit was ¥11.893bn, down 8.4%.
H1 comprehensive income rose 8.9% to ¥14.656bn; basic EPS was ¥58.23 versus ¥63.49 a year earlier.
Q2 net sales were ¥24.578bn, down 3.5% YoY; operating profit was ¥7.695bn, down 23.5%, and net profit was ¥5.866bn, down 24.3%.
Outlook and guidance
FY2027 revised forecast: net sales ¥98.2bn, operating profit ¥26.4bn, ordinary profit ¥27.7bn and parent-attributable profit ¥20.0bn.
Forecast growth is 4.8% for sales, 14.9% for operating profit, 17.2% for ordinary profit and 20.2% for parent-attributable profit; basic EPS forecast is ¥97.94.
Full-year operating profit forecast is ¥28.4bn excluding strategic investments; the revised second-half plan includes carryover factors and other items.
H1 sales missed forecast mainly due to a delayed large-title delivery; operating profit exceeded plan on improved U.S. and European streaming-rights profitability and new clients.
- Record quarterly profit growth, but full-year profit is forecast to decline.4816
Q1 2027 - Record net profit in FY2026.3; FY2027.3 outlook sees higher sales but lower profit.4816
Q4 2026 - Profitability rose on strong overseas licensing, but full-year outlook remains cautious.4816
Q3 2026 - Net profit rose 6.2% despite lower sales, with a cautious outlook and stable dividends.4816
Q2 2026 - Overseas licensing offset lower sales from last year's blockbusters, with profits and sales down.4816
Q1 2026 - Record profits and sales from streaming and licensing led to higher forecasts and dividends.4816
Q2 2025 - Record Q1 profits from streaming and licensing, but full-year outlook signals declines.4816
Q1 2025 - Record profits driven by licensing and streaming, but FY2026 is forecast to decline.4816
Q4 2025 - Operating profit jumped 31.5% and net sales climbed 8.3% year-over-year.4816
Q3 2025
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