AlphaPolis (9467) Q4 2026 earnings summary

Executive summary

• Consolidated net sales for FY2026 reached ¥16,610 million, with operating profit at ¥3,456 million and profit attributable to owners at ¥2,316 million; results were slightly below budget due to deferred anime project sales.

• Non-consolidated net sales grew 18.4% year-on-year to ¥16,122 million, marking the ninth consecutive year of growth, driven by robust e-book sales and successful anime adaptations.

• Consolidated financial statements were prepared for the first time, including two newly consolidated subsidiaries.

• Acquisition of NIA Animation Inc. and WHITE FOX Co., Ltd. strengthened the anime production organization, with full P/L consolidation starting next fiscal year.

• Decision to create a TV anime adaptation of the hit novel "Multi-Mind Mayhem" and continued expansion of media development activities.

Financial highlights

• Consolidated gross profit margin was 74.4%, with operating profit at ¥3,456 million (20.8% margin) and profit attributable to owners at ¥2,316 million (13.9% margin).

• Gross profit was ¥12,364 million, with a gross margin of 74.5%.

• Non-consolidated ordinary profit rose 16.4% year-on-year to ¥3,766 million; profit margin improved to 23.4%.

• Manga net sales grew 22.6% year-on-year, accounting for 77.6% of non-consolidated sales.

• Selling, general, and administrative expenses increased 22.9% year-on-year, mainly due to higher sales commissions from e-book growth and AI-related investments.

Outlook and guidance

• FY2027 targets record-high consolidated net sales of ¥18.5 billion (+11.4% YoY), operating profit of ¥3.7 billion (+7.0%), and profit attributable to owners of ¥2.56 billion (+10.5%).

• Publishing business expected to grow 4.6% in net sales; anime business forecasted to surge 120.6% year-on-year, returning to profitability.

• Dividend per share planned at ¥27, up ¥3 from previous year, with a payout ratio of 30.7%.