Toho Holdings (8129) Q3 2025 earnings summary

Executive summary

• Achieved record-high revenue and profit for the first nine months of FY2/25, driven by strong performance in cinema, animation, and theatrical segments.

• Operating revenue for the nine months ended November 30, 2024, rose 15.3% year-on-year to ¥234,169 million, with operating profit up 26.9% to ¥52,801 million and profit attributable to owners of parent up 20.2% to ¥34,141 million.

• Major hit films and successful animation titles significantly contributed to growth.

• Strategic investments and M&A activity, including the acquisition of GKIDS, INC. and Science SARU Inc., expanded international presence and content portfolio.

• Growth was achieved despite a decrease in movie theater attendance and ongoing economic uncertainty.

Financial highlights

• Operating revenue rose 15.3% year-over-year to ¥234,169 million for Q3 FY2/25.

• Operating profit increased 26.9% to ¥52,801 million; ordinary profit up 16.7% to ¥51,552 million.

• Profit attributable to owners of parent grew 20.2% to ¥34,141 million.

• Gross profit increased from ¥91,276 million to ¥109,243 million year-on-year.

• Basic earnings per share rose to ¥200.38 from ¥162.68 year-on-year.

Outlook and guidance

• FY2/25 full-year forecast: operating revenue ¥297,000 million, operating profit ¥62,000 million, profit attributable to owners of parent ¥40,000 million.

• No revision to previously announced business or dividend forecasts.

• Annual dividend forecast of ¥70 per share, with a payout ratio of 30% or more.