Wowow Inc.
Announcement of Numerical Targets in the Medium-Term Management Plan (Fiscal Years 2025–2029)
Published numerical targets for the Medium-Term Management Plan 2025–2029. Through expansion of the new distribution service Lemino, established as a joint venture with NTT Docomo, while maintaining and strengthening existing WOWOW On Demand, the company aims for consolidated net sales of approximately 1080 hundred million yen and to return to operating profit by FY2029. Due to investments to expand Lemino, FY2026–FY2027 are expected to be loss-making, with profitability targeted from FY2028 onward.
Key Figures
- Net Sales: 771 hundred million yen → 1,080 hundred million yen (actual/plan)
- Operating Income: 14 hundred million yen → 60 hundred million yen (peak in plan)
- Lemino Subscriber Target: 6,600,000 people
AI要約
Summary of Business Strategy
Wowow Inc. announced that under the Medium-Term Management Plan (Fiscal Years 2025–2029) it will maintain and strengthen the existing WOWOW On Demand service while launching a new distribution service, Lemino, as a joint venture with NTT Docomo to expand its customer base. Due to investments for Lemino, consolidated operating income is expected to be negative in FY2026–FY2027, but the company aims to return to profitability in FY2028 and ultimately expand the group's total subscribers to 6,600,000 people by FY2029.
Financial Outlook and Investment Plan
The published numerical targets show gradual revenue growth from FY2025 to FY2029 (771→822→960→1,020→1,080 hundred million yen). Operating income is projected to be negative in the early years with uncertainties, with a target of returning to profit in FY2028. Investments in the new Lemino business will underpin the losses in FY2026–FY2027, while the company aims for sustained growth and profitability from FY2028 onward.
Wowow Inc.
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