Slide 1: Consolidated Financial Results for FY2/25
Consolidated Financial Results for FY2/25 Financial Results Presentation （March 1, 2024 – February 28, 2025） April 14, 2025 TOHO CO., LTD. Stock Code:9602 ©TOHO CO. LTD. All Rights Reserved.
Slide 2: Executive Summary
Executive Summary • We recorded operating revenue of ¥313.1 billion and operating profit of ¥64.6 billion, both Operating Results reached record highs. for FY2/25 • In addition to the strong performance of the Production and Distribution business of Film business, TOHO animation titles steadily expa
Slide 3: Operating Results for FY2/25
1 Operating Results for FY2/25 ©TOHO CO., LTD. All Rights Reserved. 2
Slide 4: Consolidated Business Highlights
Operating Results for FY2/25 Consolidated Business Highlights Operating revenue and operating profit increased year on year due to the success of our distributed films, some of which we led the production of, the contribution of streaming rights revenue from GODZILLA MINUS ONE, and the strong perfor
Slide 5: Operating Results by Segment
Operating Results for FY2/25 Operating Results by Segment (millions of yen) Change Factors Change Factors FY2/24 FY2/25 YoY change （Operating revenue） （Operating profit） Operating • Strong sales of co-produced revenue 192,794 209,253 +16,459 and distributed films as well as distribution rights reven
Slide 6: Operating Revenue (Quarterly)
Operating Results for FY2/25 Operating Revenue (Quarterly) (millions of yen) 90,000 85,976 80,247 79,002 80,000 77,704 74,153 70,487 70,000 64,556 65,489 63,848 61,865 59,385 63,457 60,241 59,746 58,487 60,000 57,808 54,108 50,570 50,000 40,978 40,000 YoY 33,012 -1.6% 30,000 20,000 10,000 0 1Q 2Q 3Q
Slide 7: Operating Profit (Quarterly)
Operating Results for FY2/25 Operating Profit (Quarterly) (millions of yen) 24,576 25,000 20,000 18,324 17,640 16,339 15,000 14,273 10,944 11,710 12,428 11,772 11,885 11,883 10,518 9,882 10,858 10,077 10,000 9,012 6,712 YoY 5,271 -32.6% 5,000 4,295 2,803 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3
Slide 8: Trends in Operating Revenue and Operating Profit (Full-year)
Operating Results for FY2/25 Trends in Operating Revenue and Operating Profit (Full-year) Operating revenue Operating profit (Billions of yen) (Billions of yen) Lease of Land and Buildings Production and +8.5 Lease of Land and Distribution business Buildings Road +9.4 Production and -0.8 +1.0 Distri
Slide 9: Operating Results in the Film Business Segment
Operating Results for FY2/25 Operating Results in the Film Business Segment （millions of yen） Operating revenue Operating profit Performance Analysis (Change Factors) 209,253 100,000 Our distributed films, such as Detective Conan: The 200,000 192,794 Production Million-dollar Pentagram, Haikyu!!: Th
Slide 10: TOHO Animation's Operating Revenue by Source and Sales Composition
Operating Results for FY2/25 TOHO Animation’s Operating Revenue by Source and Sales Composition in Japan and Overseas Operating Revenue by Sales Source (millions of yen) FY2/24 FY2/25 YoY change Percentage change Major factors of changes • My Hero Academia, JUJUTSU KAISEN, and other titles Streaming
Slide 11: Operating Results in the Theatrical Business Segment
Operating Results for FY2/25 Operating Results in the Theatrical Business Segment （millions of yen） Operating revenue Operating profit Performance Analysis (Change Factors) 25,000 10,000 22,890 Endless Shock, Les Misérables, CONCERT THE BEST New HISTORY COMING, and other theatrical plays were perfor
Slide 12: Operating Results in the Real Estate Business Segment
Operating Results for FY2/25 Operating Results in the Real Estate Business Segment （millions of yen） Operating revenue Operating profit Performance Analysis (Change Factors) 79,653 30,000 80,000 Building Revenue increased due to the full-year contributions from 69,142 Maintenance Lease of TOKYO RAKU
Slide 13: Business Outlook for FY2/26
2 Business Outlook for FY2/26 ©TOHO CO., LTD. All Rights Reserved. 12
Slide 14: Financial Forecasts
Business Outlook for FY2/26 Financial Forecasts Operating profit for FY2/26 (initial forecast) is to be decreased due to the absence of Japan and overseas streaming rights revenue from GODZILLA MINUS ONE and the temporary closure of the Imperial Theatre. （millions of yen） Percentage FY2/25 FY2/26 (i
Slide 15: Shareholder Returns
Business Outlook for FY2/26 Shareholder Returns Shareholder returns policy for the TOHO Mid-Term Plan 2028 (FY2026 - FY2028) Achieve a dividend payout ratio of 35% or more* with a minimum annual dividend of ¥85 per share and implement flexible share buybacks. Dividend per share Mid-Term Plan 2025 Mi
Slide 16: IP & Anime Business Segment: By Business
Business Outlook for FY2/26 IP & Anime Business Segment: By Business We separated IP business and anime-related business from the Production and Distribution business and the Production and Licensing business. In FY2/26 and beyond, they are independent reportable segment. 【Before change】 【After chan
Slide 17: IP & Anime Business Segment: Changes by Subsidiary
Business Outlook for FY2/26 IP & Anime Business Segment: Changes by Subsidiary We separated consolidated subsidiaries by company and shifted some Film business companies to the IP & Anime business. F Y2/ 25 FY2/26 Distribution Production TOHO Co., Ltd. (Distribution, advertising, etc.) TOHO Co., Ltd
Slide 18: IP & Anime Business Segment: Allocation by Commercial Distribution
Business Outlook for FY2/26 IP & Anime Business Segment: Allocation by Commercial Distribution The following is the list of allocation destinations for major titles by commercial distribution. Godzilla and some anime-related operating revenues continue to be allocated to the Film business segment (P
Slide 19: Appendix
Appendix ©TOHO CO., LTD. All Rights Reserved. 18
Slide 20: Topics (1) Film Business (announced March-April 2025)
Appendix Topics (1) Film Business (announced March-April 2025) Dollhouse wins awards at Six new IMAX theaters will be launched* an international film festival Dollhouse, a film to be released on Friday, June 13, won the TOHO Cinemas Ltd. has signed an agreement with IMAX Best Film Award at the Porto
Slide 21: Topics (2) IP & Anime Business and Theatrical Business
Appendix Topics (2) IP & Anime Business and Theatrical Business (announced March-April 2025) Spirited Away nominated for Olivier Awards 2025 Godzilla Store Shibuya opens for Best Entertainment or Comedy Play On Friday, April 25, the fifth official Godzilla Store in Japan, Godzilla On Wednesday, Marc
Slide 22: Monthly Box Office Revenue
Appendix Film business Monthly Box Office Revenue Production and Distribution business: Box office revenue Movie Theater business: Box office revenue （millions of yen） （millions of yen） FY2/24 FY2/25 YoY FY2/24 FY2/25 YoY Q1 26,703 36,452 36.5% Q1 20,404 17,077 -16.3% Mar. 6,547 12,948 97.8% Mar. 4,
Slide 23: List of Films with Box-office Revenues of 1 Billion Yen or More for FY2/25
Appendix Film business List of Films with Box-office Revenues of 1 Billion Yen or More for FY2/25 Films distributed by TOHO CO.,LTD (Box office revenue of ¥1 billion or more) MUROI SHINJI NOT DEFEATED Oct.11, 2024 1.89 (Billions of yen) Box office ALL ABOUT SUOMI Sep.13, 2024 1.77 Title Release date
Slide 24: Lineup of Films Scheduled for Distribution in Mar. 2025 and Later
Appendix Film business Lineup of Films Scheduled for Distribution in Mar. 2025 and Later Films distributed by TOHO CO.,LTD Title Release date Title Release date Doraemon the Movie: Nobita’s Art World Tales Mar. 7 Emergency Interrogation Room THE FINAL TBD A Girl & Her Guard Dog Mar. 14 GOLDEN KAMUY
Slide 25: Lineup of Films Scheduled in Mar. 2025 and Later
Appendix Film business Lineup of Films Scheduled in Mar. 2025 and Later (TOHO-TOWA, TOWA PICTURES) Distributed by TOHO-TOWA COMPANY, LIMITED. Distributed by TOWA PICTURES CO., LTD. Title Release date Title Release date Wicked Mar. 7 Better Man Mar. 28 Bridget Jones: Mad About the Boy Apr. 11 Mission
Slide 26: Upcoming Movie Titles - Visual Lineup
Appendix Film business Upcoming Movie Titles - Visual Lineup Mar. 7 Mar. 7 Mar. 14 Mar. 14 Mar. 19 Mar. 20 Mar. 28 Mar. 28 Apr. 4 Apr. 11 Apr. 18 Apr. 25 May 23 May 30 Jun. 6 Jun. 13 Jul. 18 Aug. 1 Aug. 8 Aug. 22 Aug. 29 Sep. 12 Sep. 26 ©TOHO CO., LTD. All Rights Reserved. 25
Slide 27: Anime Lineup
Appendix IP & Anime business Anime Lineup TOHO animation’s Titles Science SARU’s Titles Currently Title screened/broadcasted Title Scheduled The Apothecary Diaries Season 2 On air since Jan.10, 2025 DAN DA DAN Season 2 (TV series) To be aired from Jul. 2025 Released at theaters on To be aired in aut
Slide 28: Anime and Game Titles - Visual Lineup (currently on air and delivered)
Appendix IP & Anime business Anime and Game Titles - Visual Lineup (currently on air and delivered) Currently on air Currently released Currently on air Game title currently delivered Game title currently delivered The Apothecary Diaries Kaiju No. 8 My Hero Academia: Vigilantes GODZILLA BATTLE LINE
Slide 29: Upcoming Anime and Game Titles - Visual Lineup
Appendix IP & Anime business Upcoming Anime and Game Titles - Visual Lineup To be released To be aired To be aired To be aired To be aired To be aired To be aired JUJUTSU KAISEN Dr.STONE Kaiju No.8 SPY×FAMILY Season 3 My Hero Academia Frieren: Beyond The Darwin Incident Hidden Inventory / SCIENCE FU
Slide 30: TOHO Animation: Cour Count
Appendix IP & Anime business TOHO Animation: Cour Count Launch new TV animations and create new series to accumulate IP rights as our revenue source and extend the life of content, leading to a continuous and stable business model. (Cours) My Hero Academia: The Apothecary Vigilantes 160 • Major new
Slide 31: TOHO Animation: Revenue by Source
Appendix IP & Anime business TOHO Animation: Revenue by Source （millions of yen） Overseas ratio 24,000 In order from the top 22,280 60.0% (1) Theater release 54.5% (2) Royalty and others (3) Home entertainment 50.0% 44.4% 18,000 (4) Merchandise sales 40.9% 16,055 40.9% 42.4% (5) Character license 14
Slide 32: TOHO Animation: Royalty Revenue from Streaming and Character License
Appendix IP & Anime business TOHO Animation: Royalty Revenue from Streaming and Character License Royalty revenue from streaming and character licenses drove strong growth in the Anime Business. Streaming Character license （millions of yen） （millions of yen） Japan Overseas Japan Overseas 20,000 8,00
Slide 33: Organization and Subsidiaries Included in the IP & Anime Business
Appendix IP & Anime business Organization and Subsidiaries of TOHO CO., LTD. Included in the IP & Anime Business Segment, and Their Business Activities Names of organizations and Region*1 Main business subsidiaries included in the IP & Over- Anime Business segment Japan seas Points to note*2 Sales o
Slide 34: Lineup of Theatrical Plays Scheduled in Mar. 2025 and Later
Appendix Theatrical business Lineup of Theatrical Plays Scheduled in Mar. 2025 and Later Theatre Creation Other TOHO-hosted Performance Title Schedule Title Schedule HERO THE MUSICAL Feb. – Mar. 2025 FIDDLER ON THE ROOF Mar. 2025 BONNIE & CLYDE Mar. – Apr. 1789 Les Amants De La Bastille Apr. BLITHE
Slide 35: Theatrical Plays - Visual Lineup
Appendix Theatrical business Theatrical Plays - Visual Lineup Theater Creation Theater Creation Theater Creation Theater Creation Theater Creation Theater Creation Theater Creation Feb. – Mar. Mar. – Apr. May Jun. Jun. – Jul. Aug. – Sep. Oct. Meijiza Meijiza Nissay Theatre Tokyo Tatemono BrilliaHALL
Slide 36: TOHO's Real Estate Portfolio
Appendix Real Estate business TOHO’s Real Estate Portfolio We will seek to improve asset efficiency while maintaining our revenue base over the medium to long term. Major properties owned by TOHO Purpose Portfolio of properties owned 【Tokyo】 61 properties by the Company (% of leased area) TOHO Hibiy
Slide 37: FY2/26 Operating Revenue Forecasts by Segment (Initial Forecast)
Appendix FY2/26 Operating Revenue Forecasts by Segment (Initial Forecast) (millions of yen) Percentage FY2/25※ FY2/26 YoY change changes Film business 209,253 132,200 Production and Distribution business 55,958 40,900 Movie Theater business 75,633 76,700 Other Film businesses 77,661 14,600 IP & Anim
Slide 38: Operating Profit Margin by Segment
Appendix Operating Profit Margin by Segment (%) FY2/21 FY2/22 FY2/23 FY2/24 FY2/25 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Company-wide 8.5 10.5 15.8 9.7 11.7 18.2 18.2 13.3 19.7 17.5 23.1 20.0 16.6 14.0 18.4 24.7 19.0 17.1 22.0 20.9 28.6 21.0 16.9 1
Slide 39: Consolidated Balance Sheet / Consolidated Statement of Cash Flows
Appendix Consolidated Balance Sheet / Consolidated Statement of Cash Flows Consolidated balance sheet Consolidated statement of cash flows (millions of yen) (millions of yen) As of Feb. 29, 2024 As of Feb. 28, 2025 Change FY2/24 FY2/25 Current assets 208,503 202,050 -6,452 Cash flows from 43,350 51,
Slide 40: Trends in ROE and Cost of Equity
Appendix Trends in ROE and Cost of Equity ROE has hovered around 8–10%, consistently exceeding the cost of equity (CAPM)*, except during FY2/21 amid the COVID-19 pandemic. We will continue to strive to understand the cost of equity through dialogue with shareholders and investors. Comparison of ROE
Slide 41: Strengthening Corporate Governance
Appendix Strengthening Corporate Governance Cancellation of Treasury Stock Introduction of Performance Share Unit Status of cross-shareholdings reduction 10,490,633 shares are planned to be cancelled in We plan to introduce them with the aim of improving The number of cross-shareholdings was 12 as o
Slide 42: Major Press Releases Over the Past Year
Appendix Major Press Releases Over the Past Year From March 1, 2024 to February 28, 2025 Apr. 15, 2024 Announcement of Decision on Matters Concerning Share Buybacks (Japanese only) Apr. 15 Announcement of the Acquisition of Treasury Shares via Off-Auction Trading (ToSTNeT-3) (Japanese only) Apr. 16
Slide 43: Announcement in Oct. 2024: Making GKIDS, INC. a Subsidiary
Appendix Announcement in Oct. 2024: Making GKIDS, INC. a Subsidiary • GKIDS decided to join TOHO in October 2024. • GKIDS is a leader in the anime business based in the U.S, distributing anime films. • After an astounding 13 Best Animated Feature nominations, GKIDS took the Oscar in 2024 for Hayao M
Slide 44: Announcement in Nov. 2024: Local Entity in Singapore
Appendix Announcement in Nov. 2024： Commencement of Operations by Our Local Entity in Singapore Our Singapore subsidiary, TEA*, commenced operations in Singapore in November 2024. It plans to broadly expand licensing, merchandising, marketing, and other business opportunities for IP and visual conte
Slide 45: Announcement in Nov. 2024: Hydrogen-Powered Electricity at TOHO STUDIOS
Appendix Announcement in Nov. 2024： Commercial Use of Hydrogen-Powered Electricity at TOHO STUDIOS As part of efforts to achieve zero CO2 emissions in the electricity consumption at TOHO STUDIOS, one of the largest film studios in Japan, the studio began using hydrogen-powered electricity supplied b
Slide 46: Announcement in Dec. 2024: Acquisition of Shares of Orange Co., Ltd.
Appendix Announcement in Dec. 2024： Acquisition of a Portion of Shares of Anime Production Studio, Orange Co., Ltd. • An anime production studio founded in 2004 by Eiji Inomoto (3D-CG director) • Recognized as Japan’s top cel-Look full 3D-CG studio with a strong industry presence; TOHO holds a 19.70
Slide 47: Announcement in Dec. 2024: Redevelopment of Teigeki Building
Appendix Announcement in Dec. 2024: Redevelopment of Teigeki Building Plans are in place to further promote the integration of advanced business activities in the Otemachi, Marunouchi, and Yurakucho districts, which serve as international business hubs, while also establishing the area as a key base
Slide 48: Upcoming IR Schedule
Appendix Upcoming IR Schedule Major Plans Note Apr. 14, 2025 Announcement of Financial Results for FY2/25 ー Apr. 14 Announcement of TOHO Mid-Term Plan 2028 ー Financial Results Briefing for FY2/25 For institutional investors and Apr. 15 Mid-Term Plan Briefing analysts Apr. 30 Electronic provision of
Slide 49: Strengthening IR Activities
Appendix Strengthening IR Activities Strengthen dialogue and disclosure, and establish a feedback loop that brings market voices into TOHO’s senior management. IR events (past 1 year) Main correspondents President & CEO, Financial Results Briefing Director & Executive Vice President Business Briefin
Slide 50: —Inspiring People around the World—
—Inspiring People around the World— Forward-looking statements are contained in these materials, but please note that actual results may differ significantly from the statements due to changing circumstances and various factors and therefore no guarantees are given. No part of these materials may be