Extreme (6033) Q3 2026 earnings summary

Executive summary

• 9M revenue rose 3.4% YoY to ¥8,636m, while operating profit fell 4.2% to ¥1,065m; Digital Talent and Contract Development growth offset lower Content Property sales.

• Q3 revenue and operating profit rose QoQ to ¥2,991m and ¥399m, respectively.

• Stronger Digital Talent demand and better-than-planned game sales led to higher FY2025 guidance and a ¥62 year-end dividend forecast.

Financial highlights

• 9M ordinary profit was ¥1,235m, down 7.1% YoY; net income attributable to owners was ¥804m, down 7.4%.

• Q3 revenue was ¥2,991m, up 5.7% QoQ; operating profit was ¥399m, up 30.0%; ordinary profit was ¥514m, up 29.6%; net income was ¥345m, up 31.2%.

• 9M gross profit was ¥2,594m, versus ¥2,633m a year earlier; EPS was ¥150.23, versus ¥159.87.

• December-end assets were ¥9,113m and net assets ¥6,840m; equity ratio improved to 71.4% from 68.3% at the prior fiscal year-end.

Outlook and guidance

• FY2025 guidance was revised to revenue ¥11,770m, operating profit ¥1,350m, ordinary profit ¥1,550m, net income ¥1,050m and EPS ¥196.13; prior targets were ¥11,000m, ¥1,000m, ¥963m, ¥616m and ¥115.22, respectively.

• Revised segment revenue plans: Digital Talent ¥7,400m, Contract Development ¥3,470m and Content Property ¥900m.

• Digital Talent guidance increased on strong non-entertainment project wins; Content Property guidance rose as titles released in the prior and current periods exceeded sales plans.

• Year-end dividend forecast increased by ¥5 to ¥62 per share from ¥57.