ANYCOLOR (5032) Q4 2025 earnings summary

Executive summary

• FY2025.4 revenue reached ¥42.88 billion, up 34.0% year-over-year, with net profit at ¥11.51 billion, up 31.9% year-over-year, driven by VTuber business expansion and fan engagement.

• Commerce and promotion segments drove record results, supported by merchandise initiatives and large-scale events.

• 19 new VTubers debuted, total VTubers increased to 170, and over 100 employees were hired to support expansion.

• ANYCOLOR IDs rose 33.6% to 1,687,000, reflecting robust fanbase growth.

• Opened new studios, tripling capacity and enhancing content quality, especially for 3D and music production.

Financial highlights

• Q4 FY2025.4 revenue was ¥13.97 billion, up 60.2% year-over-year; operating profit was ¥5.31 billion, up 60.0%.

• Annual operating profit margin remained strong at 38.0%; net profit margin at 26.8%.

• Commerce revenue in Q4 grew 85.2% year-over-year, reaching ¥9.36 billion; event and promotion segments also saw double-digit growth.

• Cash and cash equivalents at year-end were ¥15.8 billion; operating cash flow for the year was ¥11.2 billion.

• Basic earnings per share increased to ¥188.57 from ¥139.63 year-over-year.

Outlook and guidance

• FY2026.4 revenue forecasted at ¥49.0–51.0 billion, up 14.3–18.9%; operating profit projected at ¥19.0–20.0 billion, up 16.7–22.9%.

• FY2026.4 net profit forecasted at ¥13.18–13.88 billion, up 14.5–20.5%.

• Q1 FY2026.4 revenue expected at ¥13.25–14.6 billion, up 78.2–96.4% year-over-year, with net profit up 92.0–112.3%.

• Dividend forecast for FY2026.4 is ¥70.0 per share, with a payout ratio of 30% or higher.

• Mid-term plan targets 88% revenue growth and 94% operating profit growth by FY2027.4 compared to FY2024.4.