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TOEI ANIMATION, First Half Ordinary Profit Unexpectedly Revised Upward by 5%
4816 TOEI ANIMATION CO.,LTD. 【J-GAAP】
Earnings ReportTOEI ANIMATION CO.,LTD. <4816> [TSE Std] announced its financial results after the market closed on October 29th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 4.7% from the same period last year, reaching 17.9 billion yen, resulting in an increase in profits compared to the previous forecast of a 3.5% decrease.
Progress toward the full-year plan of 26.7 billion yen was 67.1%, also surpassing the five-year average of 52.5%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop 45.3% from the same period last year to 8.79 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 8.6% from the same period last year, reaching 10.7 billion yen. However, the operating profit margin decreased from 39.8% in the same period last year to 39.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 46,184 | 11,365 | 13,857 | 10,240 | 50.1 | 52.4 | Oct 27, 2023 | J-GAAP |
| Apr - Sep, 2024 | 48,964 | 16,993 | 17,099 | 12,219 | 59.8 | 51.5 | Oct 30, 2024 | J-GAAP |
| Apr - Sep, 2025 | 44,954 | 16,638 | 17,904 | 12,980 | 63.5 | 67.1 | Oct 29, 2025 | J-GAAP |
| YoY | -8.2% | -2.1% | +4.7% | +6.2% | +6.3% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 48,100 | 16,200 | 16,500 | 11,800 | 57.7 | 0 | May 16, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 44,954 | 16,638 | 17,904 | 12,980 | 63.5 | 0 | Oct 29, 2025 | J-GAAP |
| Revision Rate | -6.5% | +2.7% | +8.5% | +10.0% | +10.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 51,872 | 15,439 | 16,089 | 11,404 | 55.8 | 41 | May 16, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 43,046 | 9,362 | 8,796 | 6,120 | 30.0 | 41 | Oct 29, 2025 | J-GAAP |
| YoY | -17.0% | -39.4% | -45.3% | -46.3% | -46.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 88,654 | 23,364 | 26,453 | 18,795 | 91.9 | 31 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 100,836 | 32,432 | 33,188 | 23,623 | 115.5 | 41 | May 16, 2025 | J-GAAP |
| Mar, 2026 Guidance | 88,000 | 26,000 | 26,700 | 19,100 | 93.5 | 41 | May 16, 2025 | J-GAAP |
| YoY | -12.7% | -19.8% | -19.5% | -19.1% | -19.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 25,905 | 10,309 | 9,912 | 6,913 | 33.8 | 39.8 | Oct 30, 2024 | J-GAAP |
| Oct - Dec, 2024 | 23,736 | 6,384 | 7,269 | 4,688 | 22.9 | 26.9 | Jan 30, 2025 | J-GAAP |
| Jan - Mar, 2025 | 28,136 | 9,055 | 8,820 | 6,716 | 32.8 | 32.2 | May 16, 2025 | J-GAAP |
| Apr - Jun, 2025 | 19,488 | 6,578 | 7,141 | 5,229 | 25.6 | 33.8 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 25,466 | 10,060 | 10,763 | 7,751 | 37.9 | 39.5 | Oct 29, 2025 | J-GAAP |
| YoY | -1.7% | -2.4% | +8.6% | +12.1% | +12.2% |
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