Toho Co., Ltd. · TSE:9602

Toho — Q3 FY2/26 Earnings Presentation

88 slides from Toho's earnings presentation, Jan 14, 2026

Slide 1: Financial Results Presentation 3Q FY2/26
Financial Results Presentation 3Q FY2/26 (March 1, 2025 - November 30, 2025) January 14, 2026 TOHO CO., LTD. Stock Code:9602 ©TOHO CO. LTD. All Rights Reserved.
Slide 2: Contents
Contents 1. Executive Summary p.2 2. Operating Results for 3Q FY2/26 p.9 3．Business Outlook / Shareholder Returns p.26 Appendix 1 Lineup p.30 Appendix 2 Financial Results p.39 Appendix 3 Business p.50 Appendix 4 Corporate p.75 ©TOHO CO., LTD. All Rights Reserved. 1
Slide 4: Executive Summary for 3Q FY2/26 Presentation
Executive Summary for 3Q FY2/26 Presentation • 3Q financial results: Record-high revenue & all profits Financial • Operating Revenue: ¥281.3B (+20.2% YoY), Operating Profit: ¥60.0B (+13.8% YoY). Results Strong performance in the Film business driven by major hits like “Demon Slayer,” “KOKUHO,” for 3
Slide 5: Stock Split, Shareholder Benefit Changes, and Dividend Forecast Revision
Executive Summary Stock Split（1-for-5）, Changes to Shareholder Benefit Program, and Revision of Year-End Dividend Forecast To lower the amount per investment unit and revise the benefit Increased the year-end dividend forecast by 20 yen, bringing the program to encourage participation from a wider r
Slide 6: GODZILLA MINUS ZERO Scheduled for Theatrical Release
Executive Summary “GODZILLA MINUS ZERO” Scheduled for Theatrical Release on Nov 3, 2026; North American Release Also Scheduled for Nov 6, 2026 • “GODZILLA MINUS ZERO” is scheduled for theatrical release on November 3, 2026 The latest Godzilla film by Takashi Yamazaki (Director, Screenplay, VFX) • No
Slide 7: Record-high 2025 Domestic Distribution Box Office & Strong Lineup for 2026
Executive Summary Record-high 2025 Domestic Distribution Box Office & Strong Lineup for 2026 *Box office revenue of films distributed by TOHO, TOHO-TOWA, and TOWA PICTURES. 2025 Domestic Distribution Box Office • TOHO’s annual BO of domestic distribution was ¥160.5B, record high for a calendar year,
Slide 8: European Regional Headquarters Established for IP Expansion
Executive Summary European Regional Headquarters Established for IP Expansion • Established a European regional headquarters in the U.K. • Acquired Anime Limited*1 from PLAION PICTURES*2 to make it a subsidiary of the European headquarters. • Concluded a strategic alliance with PLAION PICTURES *2 •
Slide 9: TOHO-ONE Scheduled to Launch in March 2026
Executive Summary “TOHO-ONE” Scheduled to Launch in March 2026 Scheduled to launch the service in Japan in March 2026 ✓ “Customer-Base Platform”: Integrates previously fragmented data to deliver a seamless, IP-driven user experience. ✓ Leveraging theatres as a real-world touchpoint: Enhancing the ex
Slide 11: Business Highlights (3Q YTD)
Operating Results for 3Q FY2/26 Business Highlights (3Q YTD) The film business remained strong as a result of box office hits such as Demon Slayer, KOKUHO, Chainsaw Man – Reze Arc, and Exit 8, leading to higher revenue and profit. (millions of yen) FY2/25 FY2/26 Percentage Change 3Q YTD 3Q YTD chang
Slide 12: Operating Results by Segment (3Q YTD)
Operating Results for 3Q FY2/26 Operating Results by Segment (3Q YTD) (millions of yen) FY2/25 FY2/26 Change Factors Change Factors Change 3Q YTD 3Q YTD （Operating revenue）（Operating profit） Operating revenue 106,590 148,566 +41,976 • Revenue growth was achieved thanks to the hits such as Demon Sla
Slide 13: Operating Revenue (Quarterly)
Operating Results for 3Q FY2/26 Operating Revenue (Quarterly) (millions of yen) Key Factors for Each Quarter 110,000 106,799 50.0% 3Q FY2/26 • The Production and Distribution and Movie Theater business remained strong as a result of box office 100,000 45.0% hits such as Chainsaw Man – Reze Arc and D
Slide 14: Operating Profit (Quarterly)
Operating Results for 3Q FY2/26 Operating Profit (Quarterly) Key Factors for Each Quarter 3Q FY2/26 (millions of yen) • Box office hits such as Exit 8 and Chainsaw Man – Reze contributed to the Production and Distribution and Movie Theater business. 2Q FY2/26 24,576 • The success of Demon Slayer and
Slide 15: Trends in Operating Revenue and Operating Profit (3Q YTD)
Operating Results for 3Q FY2/26 Trends in Operating Revenue and Operating Profit (3Q YTD) Operating revenue Operating profit (Billions of yen) (Billions of yen) Lease of Land and Buildings -0.0 Road -0.6 Production and Lease of Land and Buildings +1.3 Building Maintenance Distribution business Road
Slide 16: Film Business Segment (3Q YTD)
Operating Results for 3Q FY2/26 Film Business Segment (3Q YTD) The film business performed well due to hits such as Demon Slayer, KOKUHO, Chainsaw Man – Reze Arc, and Exit 8 achieving increased revenue and profits compared to the same period last year. FY2/25 FY2/26 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 60,000 Op
Slide 17: Box Office Revenue Trends – TOHO Group Domestic Distribution
Operating Results for 3Q FY2/26 Box Office Revenue Trends – TOHO Group Domestic Distribution *Box office revenue for films distributed by Distribution Division, TOHO-TOWA and TOWA PICTURES (Billions of yen) 35 TOHO TOHO-TOWA, TOWA PICTURES FY2/25 FY2/26 31.2 1Q (Mar. - May) 37.7 33.0 2Q (Jun. - Aug.
Slide 18: Box Office Revenue Trends – Movie Theater Business
Operating Results for 3Q FY2/26 Box Office Revenue Trends – Movie Theater Business *Box office revenue for the TOHO group’s movie theater business division (Box office revenue for all films exhibited at TOHO CINEMAS, etc.) FY2/25 FY2/26 (Billions of yen) 14 1Q (Mar. - May) 17.0 17.6 2Q (Jun. - Aug.)
Slide 19: IP & Anime Business Segment (3Q YTD)
Operating Results for 3Q FY2/26 IP & Anime Business Segment (3Q YTD) Revenue increased compared to the same period last year due to contributions from Science SARU and GKIDS, as well as expanded domestic and international streaming rights usage of TOHO animation titles. However, profit decreased due
Slide 20: TOHO Animation's Operating Revenue by Source and Sales Composition
Operating Results for 3Q FY2/26 TOHO Animation’s Operating Revenue by Source and Sales Composition in Japan and Overseas (3Q YTD) Operating Revenue by Sales Source (millions of yen) FY2/25 FY2/26 Percentage Composition Change Major factors of changes 3Q YTD 3Q YTD change ratio The Apothecary Diaries
Slide 21: TOHO Animation: Revenue by Source (Quarterly)
Operating Results for 3Q FY2/26 TOHO Animation: Revenue by Source (Quarterly) Overseas ratio （millions of yen） In order from the top 70.0% (1) Streaming 18,000 (2) Character license 63.3% (3) Merchandise sales 60.0% (4) Home entertainment 15,298 (5) Royalty and others 13,629 45.0% 50.0% 42.5% 40.5%
Slide 22: TOHO Animation: Royalty Revenue from Streaming and Character License
Operating Results for 3Q FY2/26 TOHO Animation: Royalty Revenue from Streaming and Character License (Quarterly) 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 Overs
Slide 23: Theatrical Business Segment (3Q YTD)
Operating Results for 3Q FY2/26 Theatrical Business Segment (3Q YTD) Revenue and profit increased due to efforts to maintain the number of our own hosted performances even during the Imperial Theatre’s closure, as well as strong attendance for "Knights' Tale ARENA LIVE" and "Elisabeth." 20,000 5,000
Slide 24: Real Estate Business Segment (3Q YTD)
Operating Results for 3Q FY2/26 Real Estate Business Segment (3Q YTD) Operating revenue remained steady. Profit increased due to factors such as a decrease in major repair expenses 75,000 24,000 70,000 FY2/25 FY2/26 （millions of yen） 22,000 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 65,000 60,000 58,660 58,676 Lease o
Slide 25: Balance Sheet
Operating Results for 3Q FY2/26 Balance Sheet （millions of yen） As of Feb. 28, 2025 As of Nov. 30, 2025 Change Change Factors Securities: +22,827, Short-term loans receivable with resale agreement: Current assets 202,050 243,751 41,700 +8,987, etc. (Reference) Inventory balance*1: 23,095 Non-current
Slide 26: Cash Flows Statement (3Q YTD)
Operating Results for 3Q FY2/26 Cash Flows Statement (3Q YTD) (millions of yen) FY2/26 Main components 3Q YTD Cash flows from operating Profit before income taxes: 68,245, Depreciation: 10,247, Other: 10,433 53,139 activities Income taxes paid: -24,269, Loss (gain) on sale of investment securities：
Slide 28: FY2/26 Financial Forecasts (No Changes from October 15, 2025 Revision)
Business Outlook / Shareholder Returns FY2/26 Financial Forecasts Segment (No Changes from October 15, 2025 Revision) 3Q profits outperformed the forecast, but full-year forecast remains unchanged due mainly to a soft 4Q outlook for Film business. （millions of yen） FY2/26 FY2/25 FY2/25 v.s. Revised
Slide 29: FY2/26 Operating Revenue Forecasts by Segment
Business Outlook / Shareholder Returns FY2/26 Operating Revenue Forecasts by Segment (No Changes from October 15, 2025 Revision) (millions of yen) FY2/26 FY2/25* （Revised forecast） (Previous Disclosure Standard) Film business 179,000 209,253 Production and Distribution business 66,200 55,958 Movie T
Slide 30: Shareholder Returns
Business Outlook / Shareholder Returns Shareholder Returns Shareholder returns policy for the TOHO Mid-Term Plan 2028 (FY2/2026 - FY2/2028) The year-end dividend forecast revised from initial ¥42.5 to ¥62.5. Achieve a dividend payout ratio of 35% or more* with a minimum annual dividend of ¥85 per sh
Slide 32: Box-office Revenues of One Billion Yen or More for FY2/26
Appendix 1 Lineup Film business Box-office Revenues of One Billion Yen or More for FY2/26 （As of Dec. 31, 2025） * Representation/Co-rep titles. Underline indicates update from Oct. 2025 Financial Results Presentation material. Films distributed by TOHO CO.,LTD Films distributed by TOHO-TOWA CO.,LTD.
Slide 33: Box-office Revenues of One Billion Yen or More for FY2/25
Appendix 1 Lineup Film business Box-office Revenues of One Billion Yen or More for FY2/25 （As of Dec. 31, 2025） * Representation/Co-rep titles. Underline indicates update from Oct. 2025 Financial Results Presentation material. Films distributed by TOHO CO.,LTD (Billions of yen) Box office Box office
Slide 34: Distribution Lineup for FY2/26 and Beyond (Toho Co., Ltd.)
Appendix 1 Lineup Film business Distribution Lineup for FY2/26 and Beyond (Toho Co., Ltd.) （As of Jan. 14, 2026） (1) Representation/Co-rep titles. (2) Box-office revenues of one billion yen or more as of Dec. 2025. Films distributed by TOHO CO.,LTD Underline indicates update from Oct. 2025 Financial
Slide 35: Distribution Lineup for FY2/26 and Beyond (TOHO NEXT Label)
Appendix 1 Lineup Film business Distribution Lineup for FY2/26 and Beyond (Toho Co., Ltd.) （As of Jan. 14, 2026） (1) Representation/Co-rep titles. (2) Box-office revenues of one billion yen or more as of Dec. 2025. TOHO NEXT Label Underline indicates update from Oct. 2025 Financial Results Presentat
Slide 36: Distribution Lineup for FY2/26 and Beyond (TOHO-TOWA, TOWA PICTURES, GKIDS)
Appendix 1 Lineup Film business Distribution Lineup for FY2/26 and Beyond (TOHO-TOWA, TOWA PICTURES, GKIDS) （As of Jan. 14, 2026） Underline indicates update from Oct. 2025 Financial Results Presentation material. Distributed by TOHO-TOWA COMPANY, LIMITED. and TOWA PICTURES CO., LTD. Distributed by G
Slide 37: Anime Lineup for 2025 and Beyond
Appendix 1 Lineup IP & Anime business Anime Lineup for 2025 and Beyond （As of Jan.14, 2026） TOHO animation Underline indicates update from Oct. 2025 Financial Results Presentation material. Titles Schedule Production company Titles Schedule Production company TOHO animation Mushoku Tensei: Jobless R
Slide 38: Game Lineup
Appendix 1 Lineup IP & Anime business Game Lineup （As of Jan. 14, 2026） Underline indicates update from Oct. 2026 Financial Results Presentation material. Game title currently delivered Titles Release Remarks • For smartphones • Jun. 2021 (Smartphone) • Planning, production, development, and operati
Slide 39: Theatrical Plays Lineup for FY2/26 and Beyond
Appendix 1 Lineup Theatrical business Theatrical Plays Lineup for FY2/26 and Beyond （As of Jan. 14, 2026） Theatre Creation Underline indicates update from Oct. 2025 Financial Results Presentation material. Titles Schedule Titles Schedule Main theaters HERO THE MUSICAL Feb. – Mar. 2025 Your Lie in Ap
Slide 41: Operating Profit Margin by Segment
Appendix 2 Financial Results Operating Profit Margin by Segment (%) FY2/21 FY2/22 FY2/23 FY2/24 FY2/25 FY2/26 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 1Q 2Q 3Q 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
Slide 42: Non-operating Income/Expenses and Depreciation
Appendix 2 Financial Results Non-operating Income/Expenses and Depreciation (millions of yen) (millions of yen) FY2/25 FY2/26 FY2/25 FY2/26 Primary 3Q YTD 3Q YTD Change Change Factors 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Interest income 236 519 282 ー Interest income 56 85 94 399 107 237 174 Dividend income 1,492
Slide 43: Depreciation Expense by Segment
Appendix 2 Financial Results Depreciation Expense by Segment (millions of yen) FY2/25* FY2/26 (Previous Disclosure Standard) 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Film business 918 913 951 1,868 869 944 1,017 IP & Anime business 361 381 372 Theatrical business 81 77 79 70 50 38 39 Real Estate business 1,964 2,116
Slide 44: Extraordinary Income/Losses
Appendix 2 Financial Results Extraordinary Income/Losses (millions of yen) (millions of yen) FY2/25 FY2/26 Primary FY2/25 （単位：百万円） (millions FY2/26 of yen) 3Q YTD Change 3Q YTD Change Factors 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Gain on sale of 76 ー -76 ー Gain on sale of non- non-current assets ーー 76 219 ーーー
Slide 45: Breakdown of Revenue from Contracts with Customers (Semi-annual period)
Appendix 2 Financial Results Breakdown of Revenue from Contracts with Customers (Semi-annual period) (millions of yen) FY2/26 3Q YTD Reportable segments Other Total Film Business IP & Anime business Theatrical business Real Estate business Main services Domestic distribution to movie theaters 48,988
Slide 46: Breakdown of Revenue (Film business and IP & anime business) (Quarterly)
Appendix 2 Financial Results Breakdown of Revenue (Film business and IP & anime business) (Quarterly) (millions of yen) 80,000 25,000 Domestic distribution to movie theaters Production and licensing of video content Production and licensing of video content Licensing of merchandising rights Manageme
Slide 47: Comparison of Revenue Breakdown before and after Segment Change
Appendix 2 Financial Results Comparison of Breakdown of Revenue from Contracts with Customers before and after Segment Change Reiteration of Oct. 2025 Financial Results Presentation material Breakdown of revenue from contracts with customers (Consolidated Financial Results for the Nine Months Ended
Slide 48: Operating Revenue: Comparison with Previous Disclosure Standards
Appendix 2 Financial Results Operating Revenue: Comparison with Previous Disclosure Standards ■FY2/26 Operating Revenue ■FY2/26 Operating Revenue (Previous Disclosure Standard) (millions of yen) (millions of yen) 1Q 2Q 3Q 1Q 2Q 3Q Film business 40,274 63,434 44,857 Film business 59,273 81,749 63,336
Slide 49: Relation Between TOHO animation Revenue by Source and Contract Revenue
Appendix 2 Financial Results Relation Between TOHO animation Operating Revenue by Source and Breakdown of Revenue from Contracts with Customers • The relation between “TOHO animation operating revenue by source” (p.19) IP & Anime business segment and “breakdown of revenue from contracts with custome
Slide 50: FY2/25 Overseas Sales by Region
Appendix 2 Financial Results FY2/25 Overseas Sales by Region Reiteration of Jul. 2025 Financial Results Presentation material Operating Revenue Breakdown Overseas Sales by Region (millions of yen) 350,000 Japan Overseas 313,171 31,146 Other 300,000 （9.9%) 1,696 Asia millions of yen 250,000 6,247 5.4
Slide 52: Film Business: TOHO Mid-Term Plan 2028 and Progress
Appendix 3 Business Film business TOHO Mid-Term Plan 2028 and Progress • We will further reinforce the Cinema business by further increasing its profitability through promoting production of films planned in-house and expanding non-film content distribution portfolio. • We are committed to the creat
Slide 53: Trends in Annual Domestic Box Office Revenue of the TOHO Group
Appendix 3 Business Trends in Annual Domestic Box Office Revenue of the Film business TOHO Group *Box office revenue for films distributed by Distribution Division, TOHO-TOWA and TOWA PICTURES (Billions of yen) TOHO TOHO-TOWA, TOWA PICTURES Box-office revenue(JAPAN) 300 261.1 250 235.5 228.5 222.5 2
Slide 54: TOHO Group Movie Theater Business: Attendance Trends
Appendix 3 Business Film business TOHO Group Movie Theater Business: Attendance Trends (Thousands) Demon Slayer: Kimetsu no Yaiba 20,000 Weathering With You, Aladdin, and Infinity Castle and KOKUHO became Toy Story 4 became blockbusters blockbusters 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,0
Slide 55: Film Business Segment: Allocation by Commercial Distribution
Appendix 3 Business Film business Film Business Segment: Allocation by Commercial Distribution Reiteration of Oct. 2025 Financial Results Presentation material Allocation by Commercial Distribution for Demon Slayer: Kimetsu no Yaiba Infinity Castle and KOKUHO is as follows. (1) Demon Slayer: Kimetsu
Slide 56: IP & Anime Business: TOHO Mid-Term Plan 2028 and Progress
Appendix 3 Business IP & Anime business TOHO Mid-Term Plan 2028 and Progress We will reinforce our organizational framework and expand our talent base, enhancing production studio capabilities to develop and distribute high-quality content and IP worldwide. We will increase operating profit of the I
Slide 57: New Company Established for IP & Anime Business
Appendix 3 Business IP & Anime business New Company Established for IP & Anime Business (Published in December 2025) TOHO has established To-Smile, Inc., a joint venture with Good Smile Company, Inc., which comprehensively handles everything from the planning and manufacturing to the logistics and s
Slide 58: GODZILLA Strategy
Appendix 3 Business GODZILLA Strategy IP & Anime business (TOHO Mid-Term Plan 2028 and Progress) GODZILLA will evolve from a visual content business into a broader IP-driven brand, strengthening its market presence. We will allocate approx. ¥15 billion over the next three years to expand GODZILLA’s
Slide 59: Godzilla Series: Revenue by Source
Appendix 3 Business IP & Anime business Godzilla Series: Revenue by Source Release of Godzilla x Kong: In order from the top The New Empire Overseas ratio (movie) (1) Theater release (2) Royalty and others 70.0% (3) Streaming (4) Merchandise sales (including home Opening of 70.0% GODZILLA STORE ente
Slide 60: TOHO Animation: Cour Count
Appendix 3 Business 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. • Currently planning and developing new IPs to be relea
Slide 61: Animation Production Committee Structure and TOHO's Business
Appendix 3 Business Animation Production Committee Structure and IP & Anime business TOHO’s Business Reiteration of Dec. 2024 Anime Business Presentation material for investors • Production committee promotes secondary use in various areas to deliver works to fans in a multifaceted, multilayered, an
Slide 62: IP & Anime Business: Commercial Distribution Details
Appendix 3 Business IP & Anime business IP& Anime Business: Commercial Distribution Details Reiteration of Dec. 2025 IP & Anime Business Presentation material for investors Maximizing the value of our IPs in each area with TOHO Group and partners Areas in which our group is involved Theatrical distr
Slide 63: Overview of Revenue/Expenses of the Animation Production Committee
Appendix 3 Business Overview of Revenue/Expenses of the Animation IP & Anime business Production Committee Reiteration of Dec. 2024 Anime Business Presentation material for investors 1話単位のビジネス構造 ※数字は参考 • It is important for the Expenses Amount of investment production committee to Advertising Alloca
Slide 64: IP & Anime Business Segment: By Business
Appendix 3 Business IP & Anime business IP & Anime Business Segment: By Business Reiteration of April 2025 Financial Results Presentation material We separated IP business and anime-related business from the Production and Distribution business and the Production and Licensing business. In FY2/26 an
Slide 65: IP & Anime Business Segment: Changes by Subsidiary
Appendix 3 Business IP & Anime business IP & Anime Business Segment: Changes by Subsidiary Reiteration of April 2025 Financial Results Presentation material We separated consolidated subsidiaries by company and shifted some Film business companies to the IP & Anime business. F Y2/ 25 FY2/26 Distribu
Slide 66: IP & Anime Business Segment: Allocation by Commercial Distribution
Appendix 3 Business IP & Anime business IP & Anime Business Segment: Allocation by Commercial Distribution Reiteration of April 2025 Financial Results Presentation material The following is the list of allocation destinations for major titles by commercial distribution. Godzilla and some anime-relat
Slide 67: Organization and Subsidiaries Included in the IP & Anime Business Segment
Appendix 3 Business IP & Anime business Organization and Subsidiaries of TOHO CO., LTD. Included in the IP & Anime Business Segment, and Their Business Activities Reiteration of Jul. 2025 Financial Results Presentation material Names of organizations and Region*1 Main business Fiscal subsidiaries in
Slide 68: Overseas Strategy
Appendix 3 Business IP & Anime business Overseas Strategy We will expand our overseas presence and deliver more high-quality content and IP to global audiences, fostering deeper connections with fans, as we work toward increasing our overseas net operating revenue ratio to 30% by 2032. Increase over
Slide 69: Overseas Strategy: Initiatives in Each Region
Appendix 3 Business IP & Anime business Overseas Strategy: Initiatives in Each Region Asia Europe North America TOHO Europe Limited GKIDS, INC. Toho Entertainment Asia • Acquired shares of Anime Ltd, • The theatrical release in North America • Opened the permanent store strengthening business operat
Slide 70: Major Overseas Group Companies
Appendix 3 Business IP & Anime business Major Overseas Group Companies TOHO Global Inc. (Tokyo) ・A company overseeing overseas operations. ・Beginning in North America, engages in licensing for the distribution, streaming, and merchandising of anime, live-action content, and other works worldwide, in
Slide 71: Theatrical Business: TOHO Mid-Term Plan 2028 and Recent Progress
Appendix 3 Business Theatrical business TOHO Mid-Term Plan 2028 and Recent Progress • We will support the bottom line of box-office revenue during the closure of the Imperial Theatre by utilizing outside theaters, launching a new membership service, and offering a variety of ticket prices and divers
Slide 72: Real Estate Business: TOHO Mid-Term Plan 2028 and Recent Progress
Appendix 3 Business Real Estate business TOHO Mid-Term Plan 2028 and Recent Progress ・ We will seek to improve asset efficiency while maintaining our revenue base over the medium to long term. Increase Revenue from Existing Properties and Review Our Point 1 Progress Property Portfolio • Focus on inc
Slide 73: TOHO's Real Estate Portfolio
Appendix 3 Business Real Estate business TOHO’s Real Estate Portfolio (As of Nov. 30, 2025) We will seek to improve asset efficiency while maintaining our revenue base over the medium to long term. Major properties owned by TOHO Property use 【Tokyo】 61 properties Portfolio of properties owned TOHO H
Slide 74: Representative Examples of Synergy with Entertainment
Appendix 3 Business Real Estate business Representative Examples of Synergy with Entertainment Tokyo Takarazuka Bldg. Toho Theatre Creation Bldg. TEIGEKI BLDG. (Tokyo) （Joint redevelopment in progress） SHINJUKU TOHO BLDG. (Tokyo) (Tokyo) (Tokyo) Property use: Theater, Art Museum, Office, Commercial
Slide 75: Vacancy Rate Trends for TOHO's Lease of Buildings
Appendix 3 Business Real Estate business Vacancy Rate Trends for TOHO’s Lease of Buildings Vacancy rate remains low. 3% Vacancy Rate 2% 1.1% 1.1% 1.0% 1.0% 0.9% 0.9% 1% 0.8% 0.8% 0.7% 0.6% 0.5% 0.5% 0.5% 0.4% 0.2% 0.3% 0.3% 0.2% 0.1% 0.2% 0.2% 0.2% 0.1% 0% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3
Slide 77: About TOHO CO., LTD. (TSE 9602)
Appendix 4 Corporate About TOHO CO., LTD. (TSE 9602) Corporate Philosophy TOHO at a glance Revenue Operating Group profit margin ROE Companies ¥313.1 GROUP billion 20.7% 9.3% 57 Creating moments to move hearts and enrich lives (FY2/25) PURPOSE (FY2/25) (FY2/25) (As of Nov. 2025) GROUP VALUE Act with
Slide 78: Guiding Principles of TOHO Mid-Term Plan 2028
Appendix 4 Corporate Guiding Principles of TOHO Mid-Term Plan 2028 Reiteration of April 2025 TOHO Mid-Term Plan 2028 The past three years have been a defining chapter in TOHO’s global success. From the U.S. Academy Award win for GODZILLA MINUS ONE, the worldwide phenomenon of the anime JUJUTSU KAISE
Slide 79: Key Points of TOHO Mid-Term Plan 2028
Appendix 4 Corporate Key Points of TOHO Mid-Term Plan 2028 Reiteration of April 2025 TOHO Mid-Term Plan 2028 • Scaling Excellence: Creating a Company-wide Network of Experts Human Hire approx. 200 people*1, the source of our growth, over the next three years. Focus on investing in our Resources peop
Slide 80: Financial Targets of TOHO Mid-Term Plan 2028
Appendix 4 Corporate Financial Targets of TOHO Mid-Term Plan 2028 Reiteration of April 2025 TOHO Mid-Term Plan 2028 We will increase financial targets for operating profit, shareholder returns, and ROE from those of the Mid-Term Plan 2025. We will also raise the ROE target from the 8–10% range outli
Slide 81: Capital Allocation of TOHO Mid-Term Plan 2028
Appendix 4 Corporate Capital Allocation of TOHO Mid-Term Plan 2028 Reiteration of April 2025 TOHO Mid-Term Plan 2028 Our policy for the next three years is to utilize operating cash flow and consider raising funds through borrowing, bond issuance, and other means, such as potential sales of cross-he
Slide 82: Status of Shares
Appendix 4 Corporate Status of Shares (As of Aug. 2025) Status of Major Shareholders Classification of Shareholders (by units) Ratio of shares held Number of to total number of Shareholder Name Shares held shares issued (thousands) (excluding treasury stock) (%) own shares Financial Hankyu Hanshin H
Slide 83: Cross-shareholdings
Appendix 4 Corporate Cross-shareholdings During FY2/25, three cross-shareholdings stocks were sold. However, the amount of cross-shareholdings recorded on B/S increased due to the rise in the share prices of the companies held. One holding was sold in June, another holding was sold in July 2025. 120
Slide 84: ROE and Cost of Equity
Appendix 4 Corporate ROE and Cost of Equity • We recognize that the cost of equity (CAPM)*1 is approximately 4–5.5%*2. • We are also aware that this figure may differ from investors’ expectations, and we will work to align our views through dialogue with investors. Comparison of ROE and cost of equi
Slide 85: Major Press Releases
Appendix 4 Corporate Major Press Releases From March 1, 2025 to January 14, 2026 Mar. 24, 2025 Notice Regarding Changes of Officers Mar. 24 Notice of Revision to Dividend Forecast for the Fiscal Year Ended February 28, 2025 (136th Period) Apr. 14 Notice Regarding the establishment of TOHO Mid-Term P
Slide 86: IR Schedule
Appendix 4 Corporate IR Schedule Major Disclosures and Events Note 2025 Dec. 5 TOHO Studios (Seijo) Tour For sell-side analysts Dec. 10 IP & Anime Business Briefing For institutional investors 2026 Announcement of Financial Results for 3Q Jan. 14 ー FY2/26 Announcement of Financial Results for Apr. 1
Slide 87: IR Activities
Appendix 4 Corporate IR Activities Please contact ir@toho.co.jp if you have any requests for IR meeting. Strengthening disclosure and enhancing dialogue to establish a feedback loop connecting management and capital markets Internal feedback of capital market opinions Enhancing dialogue Internal fee
Slide 88: Inquiries
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 reproduced or duplicated in any for

Toho — Q3 FY2/26 Earnings Presentation on 6ix

Toho — Q3 FY2/26 Earnings Presentation

Slide 1: Financial Results Presentation 3Q FY2/26

Slide 2: Contents

Slide 3: Executive Summary

Slide 4: Executive Summary for 3Q FY2/26 Presentation

Slide 5: Stock Split, Shareholder Benefit Changes, and Dividend Forecast Revision

Slide 6: GODZILLA MINUS ZERO Scheduled for Theatrical Release

Slide 7: Record-high 2025 Domestic Distribution Box Office & Strong Lineup for 2026

Slide 8: European Regional Headquarters Established for IP Expansion

Slide 9: TOHO-ONE Scheduled to Launch in March 2026

Slide 10: Operating Results for 3Q FY2/26

Slide 11: Business Highlights (3Q YTD)

Slide 12: Operating Results by Segment (3Q YTD)

Slide 13: Operating Revenue (Quarterly)

Slide 14: Operating Profit (Quarterly)

Slide 15: Trends in Operating Revenue and Operating Profit (3Q YTD)

Slide 16: Film Business Segment (3Q YTD)

Slide 17: Box Office Revenue Trends – TOHO Group Domestic Distribution

Slide 18: Box Office Revenue Trends – Movie Theater Business

Slide 19: IP & Anime Business Segment (3Q YTD)

Slide 20: TOHO Animation's Operating Revenue by Source and Sales Composition

Slide 21: TOHO Animation: Revenue by Source (Quarterly)

Slide 22: TOHO Animation: Royalty Revenue from Streaming and Character License

Slide 23: Theatrical Business Segment (3Q YTD)

Slide 24: Real Estate Business Segment (3Q YTD)

Slide 25: Balance Sheet

Slide 26: Cash Flows Statement (3Q YTD)

Slide 27: Business Outlook / Shareholder Returns

Slide 28: FY2/26 Financial Forecasts (No Changes from October 15, 2025 Revision)

Slide 29: FY2/26 Operating Revenue Forecasts by Segment

Slide 30: Shareholder Returns

Slide 31: Appendix 1 Lineup

Slide 32: Box-office Revenues of One Billion Yen or More for FY2/26

Slide 33: Box-office Revenues of One Billion Yen or More for FY2/25

Slide 34: Distribution Lineup for FY2/26 and Beyond (Toho Co., Ltd.)

Slide 35: Distribution Lineup for FY2/26 and Beyond (TOHO NEXT Label)

Slide 36: Distribution Lineup for FY2/26 and Beyond (TOHO-TOWA, TOWA PICTURES, GKIDS)

Slide 37: Anime Lineup for 2025 and Beyond

Slide 38: Game Lineup

Slide 39: Theatrical Plays Lineup for FY2/26 and Beyond

Slide 40: Appendix 2 Financial Results

Slide 41: Operating Profit Margin by Segment

Slide 42: Non-operating Income/Expenses and Depreciation

Slide 43: Depreciation Expense by Segment

Slide 44: Extraordinary Income/Losses

Slide 45: Breakdown of Revenue from Contracts with Customers (Semi-annual period)

Slide 46: Breakdown of Revenue (Film business and IP & anime business) (Quarterly)

Slide 47: Comparison of Revenue Breakdown before and after Segment Change

Slide 48: Operating Revenue: Comparison with Previous Disclosure Standards

Slide 49: Relation Between TOHO animation Revenue by Source and Contract Revenue

Slide 50: FY2/25 Overseas Sales by Region

Slide 51: Appendix 3 Business

Slide 52: Film Business: TOHO Mid-Term Plan 2028 and Progress

Slide 53: Trends in Annual Domestic Box Office Revenue of the TOHO Group

Slide 54: TOHO Group Movie Theater Business: Attendance Trends

Slide 55: Film Business Segment: Allocation by Commercial Distribution

Slide 56: IP & Anime Business: TOHO Mid-Term Plan 2028 and Progress

Slide 57: New Company Established for IP & Anime Business

Slide 58: GODZILLA Strategy

Slide 59: Godzilla Series: Revenue by Source

Slide 60: TOHO Animation: Cour Count

Slide 61: Animation Production Committee Structure and TOHO's Business

Slide 62: IP & Anime Business: Commercial Distribution Details

Slide 63: Overview of Revenue/Expenses of the Animation Production Committee

Slide 64: IP & Anime Business Segment: By Business

Slide 65: IP & Anime Business Segment: Changes by Subsidiary

Slide 66: IP & Anime Business Segment: Allocation by Commercial Distribution

Slide 67: Organization and Subsidiaries Included in the IP & Anime Business Segment

Slide 68: Overseas Strategy

Slide 69: Overseas Strategy: Initiatives in Each Region

Slide 70: Major Overseas Group Companies

Slide 71: Theatrical Business: TOHO Mid-Term Plan 2028 and Recent Progress

Slide 72: Real Estate Business: TOHO Mid-Term Plan 2028 and Recent Progress

Slide 73: TOHO's Real Estate Portfolio

Slide 74: Representative Examples of Synergy with Entertainment

Slide 75: Vacancy Rate Trends for TOHO's Lease of Buildings

Slide 76: Appendix 4 Corporate

Slide 77: About TOHO CO., LTD. (TSE 9602)

Slide 78: Guiding Principles of TOHO Mid-Term Plan 2028

Slide 79: Key Points of TOHO Mid-Term Plan 2028