Presentation Materials for the Third Quarter Financial Results of Fiscal Year 2025

Business Overview

Consolidated net sales for the third quarter of fiscal year 2025 were 57,126 million yen, representing 101.2% Year-over-Year. The decline in 'membership revenue' was offset by increases in event revenue and sales from group companies, resulting in revenue growth. Ordinary income increased 211.9% Year-over-Year to 4,666 million yen, supported by higher sales and reduced expenses including program costs. Operating income was 3,972 million yen, and quarterly net income attributable to owners of parent was 3,205 million yen, both showing substantial profit growth.

Subscriber Trends and Segment Performance

New subscriber count decreased to 445 thousand (82.4% Year-over-Year), while cancellations were 592 thousand (97.8% Year-over-Year), showing slight improvement. However, net subscriber change was negative 148 thousand, a decrease from the previous year. Cumulative net subscribers stood at 2,212 thousand (92.1% Year-over-Year). The Media & Content segment posted net sales of 51,838 million yen (99.4% Year-over-Year) and operating income of 3,938 million yen (232.7% Year-over-Year), significantly improving profit margins. The Telemarketing segment recorded net sales of 7,707 million yen (109.2% Year-over-Year) and operating income of 32 million yen, turning to profitability.

Cost Trends and Dividend Plan

Program expenses declined to 17,180 million yen compared to the previous year, contributing to improved profitability through cost reductions. The annual dividend plan for fiscal year 2025 is set at 30 yen per share, reflecting a policy aimed at continuous and stable dividend payments.

New Initiatives and Business Partnerships

A business partnership agreement was signed with NTT DOCOMO to advance production of blockbuster original dramas, and expand popular sports and music live content. These efforts aim to strengthen content competitiveness.