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Toei Animation (4816) investor relations material

Toei Animation Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary29 Oct, 2025

Executive summary

  • Net sales for the six months ended September 30, 2025, were ¥44,954 million, down 8.2% year-over-year, marking the third highest ever for the period.

  • Operating profit was ¥16,638 million, down 2.1% year-over-year, the second highest ever.

  • Ordinary profit rose 4.7% year-over-year to ¥17,904 million, setting a new record for the period.

  • Net profit attributable to owners of parent increased 6.2% year-over-year to ¥12,980 million, also a record.

  • Profitability improved due to strong overseas licensing and reduced production costs, offsetting lower sales from a previous surge in streaming and merchandising rights.

Financial highlights

  • Gross profit margin improved, with gross profit at ¥24,817 million, up 2.2% year-over-year.

  • Basic earnings per share for the six months was ¥63.49, up from ¥59.75 in the prior year.

  • Total assets as of September 30, 2025, were ¥192,183 million, with net assets of ¥157,619 million.

  • Equity-to-asset ratio improved to 82.0% from 80.2% as of March 31, 2025.

  • Cash and deposits increased to ¥88,545 million as of September 2025.

Outlook and guidance

  • Full-year net sales forecast maintained at ¥88,000 million, with 51.1% progress achieved in the first half.

  • Full-year operating profit is projected at ¥26,000 million, down 19.8% year-over-year.

  • Ordinary profit is forecast at ¥26,700 million, a 19.5% decrease year-over-year.

  • Profit attributable to owners of parent is expected to be ¥19,100 million, down 19.1% year-over-year.

  • Overseas licensing expected to remain strong, but guidance is cautious due to economic uncertainties.

Explain H1 ordinary profit growth.
What impacts FY26 full-year outlook?
Reason for treasury share increase?
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Frequently asked questions

Toei Animation Co., Ltd. is a Japanese animation studio, established by animators Kenzō Masaoka and Zenjirō Yamamoto in 1948, initially as Japan Animated Films. It was acquired by Toei in 1956, becoming Toei Doga Co., Ltd., and later renamed Toei Animation in 1998. The studio is renowned for producing a wide range of TV series and movies, significantly contributing to the popularity of genres such as Magical Girl and Super Robot. Toei Animation has worked on adaptations of manga series by notable artists, producing internationally acclaimed series like "Dragon Ball," "One Piece," "Sailor Moon," and "Saint Seiya." The company has also ventured into global markets, establishing sales offices in Los Angeles, Hong Kong, and Paris, and is involved in various segments of animation development, production, marketing, and program licensing. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.

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