Tokyotokeiba Co., Ltd. · TSE:9672

Tokyotokeiba — Q1 FY12/26 Earnings Presentation

38 slides from Tokyotokeiba's earnings presentation, May 15, 2026

  1. Slide 1: Earnings Presentation for the First Quarter of the Fiscal Year Ending December 2026

    Earnings Presentation for the First Quarter(Q1) of the Fiscal Year Ending December 2026 TOKYOTOKEIBA Co., Ltd. (9672) May 15, 2026 Note: The forward-looking statements in this document are based on information currently available to the Company and certain assumptions that the Company deems reasonab

  2. Slide 2: Consolidated Financial Results for Q1 FY12/26 Consolidated Results by Segment for Q1 FY12/26 P.6

    １ Consolidated Financial Results for Q1 FY12/26 P.2 2 Consolidated Results by Segment for Q1 FY12/26 P.6 3 Consolidated Earnings Forecast for FY12/26 P.16 4 Topics P.18 5 Appendix P.25 © 2026 TOKYOTOKEIBA Co., Ltd. 1

  3. Slide 3: Consolidated Financial Results for Q1 FY12/26

    １ Consolidated Financial Results for Q1 FY12/26 2 Consolidated Results by Segment for Q1 FY12/26 3 Consolidated Earnings Forecast for FY12/26 4 Topics 5 Appendix © 2026 TOKYOTOKEIBA Co., Ltd. 2

  4. Slide 4: Consolidated income statement (YoY comparisons)

    Consolidated income statement (YoY comparisons)  Net sales increased by 101 million yen (+1.1% YoY), driven by growth in income related to SPAT4 (online betting system for local horse racing).  Operating profit declined by 36 million yen (-1.1% YoY), primarily due to higher SPAT4-related costs (co

  5. Slide 5: Consolidated performance (5-year trend)

    Consolidated performance (5-year trend) (Millions of yen) 10,000 9,366 6,000 9,264 8,782 9,000 8,250 7,952 5,000 8,000 4,909 4,873 4,260 Reference: Sales composition by segment 7,000 Q1 FY12/26 4,307 4,000 4,160 6,000 6.2 % （-0.2pt） 5,000 3,276 3,239 3,000 16.3 % 3,009 2,912 2,822 （+0.1pt） 4,000 2,2

  6. Slide 6: Consolidated balance sheet (YoY comparisons)

    Consolidated balance sheet (YoY comparisons) Current assets Down by 2,783 million yen, due mainly to declines Current Down by 3,897 million yen, primarily reflecting in cash and deposits and trade accounts receivable liabilities a decline in income taxes payable Down by 575 million yen Property, pla

  7. Slide 7: Consolidated Results by Segment for Q1 FY12/26

    １ Consolidated Financial Results for Q1 FY12/26 2 Consolidated Results by Segment for Q1 FY12/26 3 Consolidated Earnings Forecast for FY12/26 4 Topics 5 Appendix © 2026 TOKYOTOKEIBA Co., Ltd. 6

  8. Slide 8: Performance by segment (YoY comparisons)

    Performance by segment (YoY comparisons) (Millions of yen) Net sales Segment profit/loss YoY YoY YoY YoY Q1 FY12/25 Q1 FY12/26 Q1 FY12/25 Q1 FY12/26 change change (%) change change (%) Public Competition 7,019 7,097 78 1.1% 2,832 2,757 -75 -2.7% Amusement Park 173 176 2 1.4% -300 -306 -6 - Warehouse

  9. Slide 9: Segment overview: Public Competition

    Segment overview: Public Competition (Millions of yen) YoY YoY  Despite lower sales resulting from the closure of an Q1 FY12/25 Q1 FY12/26 change change (%) off-track betting facility and the termination of a leasing agreement for the G-FRONT stand at Oi Net sales 7,019 7,097 78 1.1% Racecourse, sa

  10. Slide 10: SPAT4

    SPAT4 Betting ticket sales via SPAT4 Q1 Q1 YoY Q2 Q2 YoY Q3 Q3 YoY Q4 Q4 YoY FY12/25 FY12/26 YoY FY12/25 FY12/26 change FY12/25 FY12/26 change FY12/25 FY12/26 change FY12/25 FY12/26 change total total Change Number of 5 5 sales 287 292 287 292 days days days* Number of 50 50 3,292 3,342 3,292 3,342

  11. Slide 11: SPAT4 betting ticket sales (2016-2026)

    SPAT4 betting ticket sales(2016-2026)  Annual SPAT4 betting ticket sales have set new records for 14 consecutive years (2012–2025)  SPAT4 betting ticket sales increased at an accelerated pace even during the COVID-19 pandemic, backed by shelter-in-place demand during the pandemic (2019–2022)  Eve

  12. Slide 12: Local horse racing (NAR) betting ticket sales

    Local horse racing (NAR) betting ticket sales Local horse racing (NAR) betting ticket sales in Q1 FY12/26 Racecourses Off-track betting facilities Online betting, etc. (Billions of yen) Total sales YoY(%) (% of total) (% of total) (% of total) Oi Racecourse 1.2 (3.2％) 3.2 (8.0％) 35.6 (88.8％) 40.1 94

  13. Slide 13: FY2026 JpnI race calendar

    FY2026 JpnI race calendar Jpn races are graded dirt races in local horse racing that are designated with the Jpn grade, in which horses trained in Japan, including those registered with the JRA, can participate. Jpn races These races are categorized into three grades based on their importance—I, II,

  14. Slide 14: Segment overview: Amusement Park

    Segment overview: Amusement Park (Millions of yen) YoY YoY Q1 FY12/25 Q1 FY12/26 change change (%)  Sales increased slightly, supported by increases in operating days and visitor count. Net sales 173 176 2 1.4%  Segment profit fell slightly, mainly due to an increase in tenant commission expenses

  15. Slide 15: Segment overview: Warehouse Leasing

    Segment overview: Warehouse Leasing (Millions of yen) YoY YoY Q1 FY12/25 Q1 FY12/26 change change (%)  Sales and segment profit increased, supported Net sales 1,506 1,541 35 2.3% by strong occupancy at multi-tenant warehouses and rent revisions for certain warehouses implemented in the previous yea

  16. Slide 16: Segment overview: Service

    Segment overview: Service (Millions of yen) YoY YoY Q1 FY12/25 Q1 FY12/26  Although leasing income from commercial change change (%) facilities and office buildings remained at the previous year’s level, sales decreased due to a decline in facility construction income (-34 million Net sales 592 578

  17. Slide 17: Consolidated Earnings Forecast for FY12/26

    １ Consolidated Financial Results for Q1 FY12/26 2 Consolidated Results by Segment for Q1 FY12/26 3 Consolidated Earnings Forecast for FY12/26 4 Topics 5 Appendix © 2026 TOKYOTOKEIBA Co., Ltd. 16

  18. Slide 18: Consolidated performance forecast for FY12/26

    Consolidated performance forecast for FY12/26  No change was made to the FY12/26 consolidated performance forecast announced on February 13.  While the impact of geopolitical tensions in the Middle East on earnings is currently limited, we will continue to closely monitor developments amid ongoing

  19. Slide 19: Topics

    １ Consolidated Financial Results for Q1 FY12/26 2 Consolidated Results by Segment for Q1 FY12/26 3 Consolidated Earnings Forecast for FY12/26 4 Topics 5 Appendix © 2026 TOKYOTOKEIBA Co., Ltd. 18

  20. Slide 20: Topics: Oi Racecourse FY2025 results and Twinkle Race anniversary

    Topics FY2025 Oi Racecourse operating results 40th anniversary of Twinkle Race Oi Racecourse concluded its FY2025 racing schedule on Fri., Mar. 27, Twinkle Race, the night racing program at Oi Racecourse—first held on 2026. Total sales for FY2025 reached a record high and exceeded 200 Jul. 31, 1986

  21. Slide 21: Topics: SPAT4 30th anniversary events and commercial

    Topics Offline events to commemorate the 30th anniversary of SPAT4 Launch of new SPAT4 web commercial SPAT4, the official online betting service for local horse racing, marked We have created a new SPAT4 commercial featuring its original character its 30th anniversary in April 2026. To commemorate t

  22. Slide 22: Topics: New SPAT4 app features and promotional events

    Topics New features of the official SPAT4 app SPAT4 Premium Point promotional events From Fri., Mar. 27, users can share We host various in-person and online SPAT4 Premium Point promotional their selected bets via the official events each year to enhance user enjoyment. SPAT4 app. A new bulk betting

  23. Slide 23: Topics: New dining outlets and TCK Twinkle BBQ

    Topics Opening of new dining outlets at Oi Racecourse TCK Twinkle BBQ by STAR LIGHT From Jan. through May 2026, a total of seven new food and beverage outlets opened at Oi Racecourse, including directly The TCK Twinkle BBQ by STAR LIGHT, a casual BBQ venue at Oi operated stores by our group company,

  24. Slide 24: Topics: Summerland x DIGIMON and KuraFit Phase 2

    Topics Summerland x DIGIMON KuraFit Phase 2 now in operation From Sat., Apr. 25 to Mon., Jun. 29, Tokyo Summerland is hosting a At KuraFit*, a shared warehouse service collaboration event titled “Summerland x Digimon 2026 Pre- operated by our group company Tokyo Summer.” The event features the new T

  25. Slide 25: Topics: Akigawa River Cleanup and Shinagawa City Run

    Topics The 9th Akigawa River Cleanup 2026 Shinagawa City Run 2026 On Sat., Feb. 21, we held the 9th Akigawa River Cleanup 2026. This initiative aims to enhance awareness of environmental aesthetics On Sun., Mar. 8, Shinagawa City Run 2026 was by cleaning the Akigawa River area together with local re

  26. Slide 26: Appendix

    １ Consolidated Financial Results for Q1 FY12/26 2 Consolidated Results by Segment for Q1 FY12/26 3 Consolidated Earnings Forecast for FY12/26 4 Topics 5 Appendix © 2026 TOKYOTOKEIBA Co., Ltd. 25

  27. Slide 27: (Reference) Business overview of TOKYOTOKEIBA

    (Reference) Business overview of TOKYOTOKEIBA Company overview History Company name TOKYOTOKEIBA Co., Ltd. The Company was founded on December 20, 1949, funded in equal parts by the Tokyo Metropolitan Government and the private sector, to Date established December 20, 1949 secure resources for post-

  28. Slide 28: (Reference) Segment overview of TOKYOTOKEIBA

    (Reference) Segment overview of TOKYOTOKEIBA Currently, the TOKYOTOKEIBA Group operates four business across six group companies. Consolidated subsidiary Tokyo Summerland Co., Ltd. ‣ Operates Tokyo Summerland, a comprehensive leisure facility ‣ Operates Wonderful Nature Village, an outdoor leisure c

  29. Slide 29: (Reference) Business structure by segment

    (Reference) Business structure by segment Public Competition TOKYOTOKEIBA Co., Ltd. Oi horse Maintenance and management racing of Oi Racecourse and other facilities organizer Lease Sell betting tickets Leasing fees, etc. Buy betting tickets ePaddock Co., Ltd. Local horse Development, maintenance, ra

  30. Slide 30: (Reference) Business structure by segment

    (Reference) Business structure by segment Amusement Park 1 Amusement park operations Operation of Tokyo Summerland, featuring an all-weather indoor pool and one of the largest lazy rivers in Japan Tokyo Summerland Co., Ltd. Provide service Sell merchandise Operation of pools and 2 Operation and mana

  31. Slide 31: (Reference) Facility overview of Oi Racecourse

    (Reference) Facility overview of Oi Racecourse Basic overview of Oi Racecourse Utilization policy of Oi Racecourse In addition to daily horse racing-related uses, Oi Racecourse hosts various events on non-racing days. Use Utilization status Horse races are held on about 100 days a year, Horse races

  32. Slide 32: (Reference) About the SPAT4 system

    (Reference) About the SPAT4 system In addition to the SPAT4 online betting system for local horse racing, we also manage, operate, and promote a reward point program (SPAT4 Premium Point) and an information service (official website for four Minami-Kanto racecourses). SPAT4-related systems History o

  33. Slide 33: (Reference) Local horse racing vs. JRA racing

    (Reference) Local horse racing vs. JRA racing In Japan, horse racing is divided into two categories based on the organizing body: local racing, organized by local governments or partial-affairs associations formed by local governments, and JRA racing, conducted by the Japan Racing Association (JRA).

  34. Slide 34: (Reference) Local horse racing

    (Reference) Local horse racing The purpose of local horse racing, as stipulated in Article 1 of the Horse Racing Act, is to contribute to the improvement and propagation of horse breeds, promote livestock farming, and help strengthen local government finances. A portion of the proceeds from betting

  35. Slide 35: (Reference) Three-Year-Old Dirt Triple Crown

    (Reference) Three-Year-Old Dirt Triple Crown The Three-Year-Old Dirt Triple Crown, a new race series launched in 2024, was established mainly by local horse racing organizers to create a unified national framework for determining the top three-year-old dirt horse—bridging the gap between the central

  36. Slide 36: Overview of Medium-Term Management Plan 2030

    Overview of Medium-Term Management Plan 2030 On December 19, 2025, we announced our five-year medium-term management plan covering the period from FY12/26 through FY12/30, titled “Future-Oriented Space Creation Project : the 1st Furlong －TOKYOTOKEIBA Co., Ltd. Medium-Term Management Plan 2030－”  Ai

  37. Slide 37: Management strategies and numerical targets

    Overview of Medium-Term Management Plan 2030 Management strategies and numerical targets Management strategies １ 2 3 Design of spaces that attract Further development of Oi Horse Creation of a landmark, people by fully leveraging the Racing as a model case for world-class urban ‘entertainment potent

  38. Slide 38: https://www.tokyotokeiba.co.jp/

    https://www.tokyotokeiba.co.jp/ © 2026 TOKYOTOKEIBA Co., Ltd.

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