Tsuburaya Fields Holdings (2767) Q4 2025 earnings summary

Executive summary

• Net sales for FY2024 were ¥140.58 billion, down 0.9% YoY, but operating profit rose 29.3% to ¥15.29 billion, driven by strong amusement equipment and content businesses.

• Profit attributable to owners was ¥11.15 billion, down 4.6% YoY.

• The content and digital segment achieved its first-year mission in the five-year plan and expanded global partnerships, notably with Alibaba Japan.

• The amusement equipment business saw strong performance from new pachislot titles and ACE DENKEN integration, though total PS machine unit sales declined 21% YoY.

• Several titles were carried over to the next fiscal year, impacting sales timing but not overall profit achievement.

Financial highlights

• Net sales: ¥140.58 billion (down 0.9% YoY); operating profit: ¥15.29 billion (up 29.3% YoY); ordinary profit: ¥16.46 billion (up 27.1% YoY); profit attributable to owners: ¥11.15 billion (down 4.6% YoY).

• Gross profit increased 33.3% YoY to ¥35.26 billion.

• SG&A expenses rose 36.5% YoY to ¥19.96 billion.

• Operating profit margin improved to 10.9% from 8.3% YoY.

• Return on equity rose to 22.6% from 16.7% YoY; net assets per share increased to ¥820.43.

Outlook and guidance

• FY2025 consolidated net sales forecast: ¥150.0 billion (+6.7% YoY); operating profit: ¥16.0 billion (+3.3% YoY); profit: ¥11.2 billion (+0.4% YoY).

• Content and digital business net sales expected to rise 14.0–15.8% YoY; amusement equipment business net sales to increase 5.6% YoY.

• Year-end dividend for FY2025 set at ¥50 per share, up ¥10 from initial plan; same dividend planned for FY2026.