FUJI MEDIA (4676) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales rose 11.6% YoY to ¥277,664m; operating profit recovered to ¥21,005m from a ¥12,990m loss, the highest 1H level since the October 2008 holding-company transition.

• Profit attributable to owners fell 18.2% to ¥14,001m, while comprehensive income was negative ¥9,722m.

Financial highlights

• Gross profit increased to ¥80,790m from ¥37,964m; SG&A rose to ¥59,784m from ¥50,954m.

• Ordinary profit improved to ¥21,600m from a ¥10,892m loss; net profit was ¥14,266m versus ¥17,423m.

• Q2 net sales declined 2.8% YoY to ¥128.8B; operating income improved to ¥5.0B from a ¥0.2B loss, while net income fell 76.4% to ¥3.8B.

• Investment-security sale gains fell to ¥305m from ¥49,812m in H1 FY2026; current-period extraordinary income was ¥426m.

• Basic EPS was ¥98.27 versus ¥82.48 YoY.

Segment performance

• Media & Content sales rose 36.6% to ¥201.4B and operating income reached ¥12.6B, its highest 1H result since the segment’s FY3/19 creation.

• Fuji TV sales rose 86.1% to ¥113.0B and operating income returned to ¥3.3B from a ¥32.7B loss; broadcasting recovered close to pre-incident levels, with digital and animation growth.

• Urban Development, Hotels & Resorts sales fell 25.2% to ¥73.1B and operating income fell 47.5% to ¥9.5B amid lower property sales and tourism revenue.

• Leasing revenue increased, but property-sale profit declined; hotel results reflected Ginza Grand Hotel renovations and post-opening normalization at Kobe Suma Sea World.

• Pony Canyon and dinos returned to operating profitability; BS Fuji increased sales and operating income.