Tokyotokeiba Co., Ltd. · TSE:9672

Tokyotokeiba — 1H FY2026 Earnings Presentation

42 slides from Tokyotokeiba's earnings presentation, Aug 7, 2026

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

    Earnings Presentation for the First Half (1H) of the Fiscal Year Ending December 2026 TOKYOTOKEIBA Co., Ltd. (9672) August 7, 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: Contents

    1 Consolidated Financial Results for 1H FY12/26 P.2 2 Consolidated Results by Segment for 1H FY12/26 P.8 Consolidated Earnings Forecast for FY12/26 and 3 P.18 Progress 4 Topics P.20 5 Appendix P.29 © 2026 TOKYOTOKEIBA Co., Ltd. 1

  3. Slide 3: Consolidated Financial Results for 1H FY12/26

    1 Consolidated Financial Results for 1H FY12/26 2 Consolidated Results by Segment for 1H FY12/26 Consolidated Earnings Forecast for FY12/26 and 3 Progress 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 525 million yen (+2.7% YoY), driven by growth in income related to SPAT4 (online betting system for local horse racing).  Operating profit increased by 277 million yen (+3.9% YoY), despite higher SPAT4-related costs under cost

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

    Consolidated performance (5-year trend) (Millions of yen) 19,824 20,000 19,298 12,000 18,662 17,399 16,700 10,625 10,000 16,000 10,334 9,610 Reference: Sales composition by segment 9,320 9,230 1H FY12/26 8,000 5.8 % 12,000 （+0.1pt） 7,357 15.6 % 6,999 7,079 6,364 6,532 6,000 （-0.0pt） 8,000 3.3 % 5,04

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

    Consolidated balance sheet (YoY comparisons) Current assets Up by 1,956 million yen, due primarily to Current Down by 2,343 million yen, mainly reflecting an increase in trade accounts receivable liabilities a decrease in accrued consumption taxes Down by 774 million yen Property, plant New acquisit

  7. Slide 7: Consolidated capital expenditures

    Consolidated capital expenditures ■ 1H FY12/26 capital expenditures 1,591 million yen Major capital expenditures in 1H (millions of yen)  Oi Racecourse-related 996 [Oi Racecourse] ・Upgrade of extra-high-voltage substation equipment (interim payment) ・Upgrades to stand and stable facilities (includi

  8. Slide 8: Consolidated cash flow statement

    Consolidated cash flow statement (Millions of yen) (Millions of yen) ■Main operating cash flows ・Profit before income taxes 7,425 ・Depreciation 3,263 ・Decrease (increase) in trade -1,288 receivables ・Income taxes paid -2,594 ■Main investing cash flows ・Net decrease (increase) in time 2,999 deposits

  9. Slide 9: Consolidated Results by Segment for 1H FY12/26

    1 Consolidated Financial Results for 1H FY12/26 2 Consolidated Results by Segment for 1H FY12/26 Consolidated Earnings Forecast for FY12/26 and 3 Progress 4 Topics 5 Appendix © 2026 TOKYOTOKEIBA Co., Ltd. 8

  10. Slide 10: Performance by segment (YoY comparisons)

    Performance by segment (YoY comparisons) (Millions of yen) Net sales Segment profit/loss YoY YoY YoY YoY 1H FY12/25 1H FY12/26 1H FY12/25 1H FY12/26 change change(％) change change(％ ) Public Competition 14,550 14,972 421 2.9% 6,206 6,361 154 2.5% Amusement Park 692 654 -38 -5.5% -502 -536 -33 - Ware

  11. Slide 11: Segment overview: Public Competition

    Segment overview: Public Competition (Millions of yen) YoY YoY  Despite lower sales (-193 million yen) resulting 1H FY12/25 1H FY12/26 change change (%) from the closure of off-track betting facilities (Bandai and Niigata) and the termination of a Net sales 14,550 14,972 421 2.9% leasing agreement

  12. Slide 12: 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 +11 +16 sales 287 292 331 342 618 634 days days days days* Number of +50 +138 +

  13. Slide 13: 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

  14. Slide 14: Local horse racing (NAR) betting ticket sales

    Local horse racing (NAR) betting ticket sales Local horse racing (NAR) betting ticket sales in 1H FY12/26 Racecourses Off-track betting facilities Online betting, etc. (Billions of yen) Total sales YoY(%) (% of total) (% of total) (% of total) Oi Racecourse 2.9 (3.3％) 6.8 (7.7％) 79.6 (89.0％) 89.5 97

  15. Slide 15: 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,

  16. Slide 16: Segment overview: Amusement Park

    Segment overview: Amusement Park (Millions of yen) YoY YoY 1H FY12/25 1H FY12/26 change change(%)  Visitor numbers and sales at the amusement Net sales 692 654 -38 -5.5% park and pool area were roughly flat YoY.  Sales and segment profit declined, mainly due to a decrease in the number of users at

  17. Slide 17: Segment overview: Warehouse Leasing

    Segment overview: Warehouse Leasing (Millions of yen) YoY YoY 1H FY12/25 1H FY12/26 change change(%)  Sales and segment profit increased, driven Net sales 3,021 3,093 71 2.4% by strong occupancy at multi-tenant warehouses and rent revisions for certain warehouses implemented in the previous Segment

  18. Slide 18: Segment overview: Service

    Segment overview: Service (Millions of yen) YoY YoY 1H FY12/25 1H FY12/26  Sales increased due to higher leasing change change(%) income from WiRA Oi Annex and WiRA Omori, driven by new tenant move-ins (+18 million yen). Net sales 1,116 1,155 38 3.4%  Segment profit increased, reflecting higher sa

  19. Slide 19: Consolidated Earnings Forecast for FY12/26 and Progress

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

  20. Slide 20: Consolidated earnings forecast for FY2026 and progress

    Consolidated earnings forecast for FY2026 and progress  In 1H, sales and profits exceeded the forecast and prior-year results, driven by higher income related to SPAT4 (online betting system for local horse racing) and lower-than-expected costs, partly due to changes in the timing of repair work at

  21. Slide 21: Topics

    １ Consolidated Financial Results for 1H FY12/26 2 Consolidated Results by Segment for 1H FY12/26 Consolidated Earnings Forecast for FY12/26 and 3 Progress 4 Topics 5 Appendix © 2026 TOKYOTOKEIBA Co., Ltd. 20

  22. Slide 22: Topics: Tokyo Derby and Teio Sho

    Topics Public Competition Tokyo Derby and Teio Sho At Oi Racecourse, the 72nd Tokyo Derby, the longest-running graded race held at Oi and the second leg of the Three-Year-Old Dirt Triple Crown, was held on June 10 (Wed). This was followed on July 1 (Wed) by the 49th Teio Sho, the culminating race of

  23. Slide 23: Topics: SPAT4 30th anniversary events and new membership campaign

    Topics Public Competition SPAT4 30th anniversary events continue SPAT4 new membership campaign launched To commemorate the 30th anniversary of SPAT4, enhance member To commemorate the 30th anniversary of SPAT4, we are holding the satisfaction, and promote new registration, we are continuing the “Thr

  24. Slide 24: Topics: Introducing SPAT4 Chips

    Topics Public Competition Introducing SPAT4 Chips—a hit with horse racing fans What are SPAT4 Chips? SPAT4 Chips giveaway events To enhance SPAT4’s brand awareness and value, we launched A free SPAT4 Chips giveaway for SPAT4 app members began at SPAT4 Chips, a potato chip product that includes a col

  25. Slide 25: Topics: SPAT4 Premium Point events and LOTO betting feature

    Topics Public Competition SPAT4 Premium Point in-person events LOTO betting feature added to the SPAT4 official app We continue to host various in-person and online SPAT4 Premium Beginning May 29 (Fri), users can purchase SPAT4 LOTO (Triple Point promotional events to enhance user enjoyment. Exacta)

  26. Slide 26: Topics: Launch of nankan BOX fan site

    Topics Public Competition Launch of nankan BOX, a fan site for Minami-Kanto horse racing On July 27 (Mon), nankan BOX, a fan site for Minami-Kanto horse racing developed and operated by group company e-Paddock Co., Ltd., was launched. Overview of nankan BOX Recommended content on nankan BOX nankan B

  27. Slide 27: Topics: Outdoor pool area and premium reserved seating

    Topics Amusement Park Outdoor pool area now fully open New premium reserved seating Tokyo Summerland’s outdoor pool area is fully open from July 4 Beginning July 4 (Sat), Tokyo Summerland introduced Adventure Rest (Sat) through September 27 (Sun). Premium, a new premium reserved seating option with

  28. Slide 28: Topics: Collaboration events at Tokyo Summerland

    Topics Amusement Park Various collaboration events held again this season VOISING×Tokyo Summerland Second collaboration with Coleman From July 23 (Thu) to September 13 (Sun), Tokyo Summerland is From July 4 (Sat) through September 27 (Sun), Tokyo Summerland hosting “Enjoy Summer with Your Favorite A

  29. Slide 29: Topics: Website redesign and Nikkei-TSE IR Fair 2026

    Topics Redesign of the corporate website First exhibition at Nikkei-TSE IR Fair 2026 On May 28 (Thu), we launched a completely redesigned We will exhibit for the first time at Nikkei-TSE IR Fair 2026, one of corporate website to strengthen our communications and Japan’s largest investor relations ev

  30. Slide 30: Appendix

    1 Consolidated Financial Results for 1H FY12/26 2 Consolidated Results by Segment for 1H FY12/26 Consolidated Earnings Forecast for FY12/26 and 3 Progress 4 Topics 5 Appendix © 2026 TOKYOTOKEIBA Co., Ltd. 29

  31. Slide 31: (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-

  32. Slide 32: (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

  33. Slide 33: (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

  34. Slide 34: (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

  35. Slide 35: (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

  36. Slide 36: (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

  37. Slide 37: (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).

  38. Slide 38: (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

  39. Slide 39: (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

  40. Slide 40: 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

  41. Slide 41: Overview of Medium-Term Management Plan 2030: strategies and 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

  42. Slide 42: https://www.tokyotokeiba.co.jp/

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

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