AlphaPolis (9467) Q1 2025 earnings summary

Executive summary

• Achieved record quarterly revenue of ¥3,076 million for Q1 FY2025, up 27.0% year-over-year, driven by strong sales of new and existing titles, especially those with concurrent anime broadcasts.

• Operating profit rose 36.2% to ¥713 million, and net profit increased 36.1% to ¥443 million, reflecting improved profitability from higher sales and a stable cost structure.

• Strong sales in light novels and manga, driven by successful anime tie-ins and digital content, offset weaker performance in the paperback segment.

• Notable media developments include the decision to produce a third season of a hit anime and ongoing anime broadcasts based on company IP.

Financial highlights

• Revenue: ¥3,076 million (+27.0% YoY); Operating profit: ¥713 million (+36.2% YoY); Net profit: ¥443 million (+36.1% YoY).

• Gross profit for Q1 FY2025 was ¥1,584 million, up from ¥1,290 million year-over-year.

• Gross profit margin remained stable at 74.7%.

• EPS for the quarter was ¥45.77, up from ¥33.64 in the prior year.

• Both light novel and manga segments saw significant sales growth, with manga contributing ¥2,196 million (+25.7% YoY) and light novels ¥811 million (+34.5% YoY).

Segment performance

• Light novel sales reached a record ¥811 million, led by successful anime tie-ins and strong digital sales.

• Manga sales hit a record ¥2,196 million, boosted by anime adaptations and strong performance of new and existing series.

• Digital book sales set a new record at ¥2,550 million, reflecting effective campaigns and platform-specific strategies.

• Web business saw stabilization in user numbers and a record 140 ongoing web manga series.

• Paperback (bunko) sales declined as average print runs per title fell, despite more releases.