FY2026 February Period Q3 Financial Results Presentation

Overview of Financial Results

Net sales for the third quarter of the fiscal year ending February 2026 (March to November 2025) were 74,756 million yen, up 25.8% year-over-year. Operating income substantially increased to 5,496 million yen, ordinary income was 5,610 million yen, and net income attributable to owners of parent was 4,964 million yen. By segment, the film-related business performed strongly with net sales of 41,090 million yen (up 35.8% year-over-year) and operating income of 2,439 million yen. The theater business also achieved increased profit with net sales of 20,189 million yen (up 17.9% year-over-year) and operating income of 1,285 million yen. The real estate business posted net sales of 11,024 million yen (up 5.6% year-over-year), but operating income declined 8.7% to 4,154 million yen. Other businesses saw growth with net sales of 2,533 million yen (up 53.2% year-over-year) and operating income of 118 million yen.

Segment Details and Future Outlook

In the film-related business, theater operations continued strong performance supported by hit titles, and film distribution contributed to revenues through a diverse lineup of releases. The streaming segment benefited from exclusive distribution on Amazon Prime Video, boosting income. The theater business remained robust centered on Kabuki-za, with multiple acclaimed performances drawing strong audiences. This favorable trend is expected to continue. The real estate business maintained its revenue base through strengthened tenant relations and event hosting. The full-year FY2026 earnings guidance forecasts net sales of 97 billion yen, operating income of 5.5 billion yen, ordinary income of 5.7 billion yen, and net income attributable to owners of parent of 5 billion yen, with upward revisions to operating income and others compared to the previous forecast. The dividend forecast remains unchanged at 30 yen at year-end.