Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Business Results

During the consolidated cumulative third quarter period of the fiscal year ending March 2026, net sales amounted to JPY 319.284 billion (a 5.4% Year-over-Year increase), driven by an increase in advertising revenue at TBS Television, growth in distribution advertising revenue, and increased sales from the Yaru-Ki Switch Group. Operating income was JPY 24.633 billion (an 11.3% YoY increase), ordinary income was JPY 38.523 billion (a 12.8% YoY increase), and net income attributable to owners of the parent for the quarter increased significantly to JPY 55.711 billion (a 27.4% YoY increase), supported by gains on sales of investment securities. By segment, the Media & Content Business performed well with net sales of JPY 235.212 billion (a 6.8% YoY increase) and operating income of JPY 16.463 billion (a 29.9% YoY increase). On the other hand, the Lifestyle Business recorded higher sales but a decline in operating income, and the Real Estate & Other Business posted decreased sales and profits.

Financial Position and Outlook

Total assets stood at JPY 1.548277 trillion, up JPY 252.152 billion from the end of the previous consolidated fiscal year, primarily due to increased unrealized gains on investment securities. Total liabilities increased by JPY 70.855 billion to JPY 417.748 billion, while net assets also grew by JPY 181.296 billion to JPY 1.130529 trillion, resulting in a stable equity ratio of 72.1%. There are no changes to the consolidated earnings forecast for the fiscal year ending March 2026, which anticipates net sales of JPY 431.0 billion (a 6.0% YoY increase), operating income of JPY 24.0 billion (a 23.3% YoY increase), and net income attributable to owners of the parent of JPY 52.5 billion (a 19.5% YoY increase).