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Featured Stock: TOEI ANIMATION Eyes Profit Growth in FY March 2027 on Overseas IP Expansion

Wed Apr 1, 2026 10:00 am JST Catalyst

TOEI ANIMATION CO.,LTD. <4816>, which bottomed at \2,239 on February 25, has shifted to a recovery trend and appears poised to reach higher levels as it prices in earnings recovery from the fiscal year ending March 2027 onward.

The company's cumulative third-quarter consolidated results for the fiscal year ending March 2026, announced on January 30, showed operating profit of \23.318 billion (down 0.3% year-on-year). While highly profitable overseas merchandising rights sales remained strong due to growing recognition of "One Piece" in Europe and the United States, this was offset by a reactionary decline in domestic streaming rights sales for "Slam Dunk" and "GeGeGe no Kitaro," which had performed well in the prior-year period. The company's full-year forecast for the fiscal year ending March 2026 projects operating profit of \26 billion (down 19.8% year-on-year), with the reactionary decline from the previous year's strong game licensing sales for "Dragon Ball" expected to have a significant impact.

However, profit is expected to return to growth in the fiscal year ending March 2027. Contributing factors include the continued growth of IPs in Europe and the United States as recognition further increases following the March launch of "One Piece" Season 2 on Netflix, the April television broadcast launch of "One Piece: Elbaf Arc," and the fall broadcast of remastered "Dragon Ball" anime. Some research institutions project operating profit of around \34 billion.

Source: MINKABU PRESS

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