Summary of Consolidated Financial Results for the Fiscal Year Ended February 28, 2025（632KB）

Consolidated Financial Results

for the Fiscal Year Ended February 28, 2025

(Under Japanese GAAP)

Company name:

Shochiku Co., Ltd.

Listing:

Tokyo Stock Exchange / Sapporo Stock Exchange / Fukuoka Stock Exchange

Securities code:

9601

URL:

https://www.shochiku.co.jp

Representative:

Toshihiro Takahashi, President and CEO

Inquiries:

Hiroshige Osaki, Senior Executive Officer

Telephone:

+81-3-5550-1699

Scheduled date of annual general meeting of shareholders:

May 27, 2025

Scheduled date to commence dividend payments:

May 28, 2025

Scheduled date to file annual securities report:

May 26, 2025

Preparation of supplementary material on financial results:

None

Holding of financial results briefing:

None

(1) Consolidated operating results

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit attributable to owners of

parent

Fiscal year ended

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

February 28, 2025

83,974

(1.7)

1,664

(53.6)

(2,500)

-

(664)

-

February 29, 2024

85,428

9.2

3,584

-

2,866

110.8

3,016

(45.0)

Note:

Comprehensive income For the fiscal year ended February 28, 2025:

¥(919) million

[-%]

For the fiscal year ended February 29, 2024:

¥8,365 million

[31.2%]

Basic earnings per share

Diluted earnings per

Return on equity

Ratio of ordinary profit to

Ratio of operating profit

share

total assets

to net sales

Fiscal year ended

Yen

Yen

%

%

%

February 28, 2025

(48.34)

-

(0.7)

(1.2)

2.0

February 29, 2024

219.56

-

3.3

1.5

4.2

Reference: Share of profit (loss) of entities accounted for using equity method

For the fiscal year ended February 28, 2025:

¥(4,513) million

For the fiscal year ended February 29, 2024:

¥(1,237) million

(2)

Consolidated financial position

Total assets

Net assets

Equity-to-asset ratio

Net assets per share

As of

Millions of yen

Millions of yen

%

Yen

February 28, 2025

208,900

93,152

44.5

6,772.01

February 29, 2024

211,140

94,466

44.7

6,868.61

Reference: Equity

As of February 28, 2025:

¥93,056 million

As of February 29, 2024:

¥94,367 million

(3)

Consolidated cash flows

Cash flows from operating

Cash flows from investing

Cash flows from financing

Cash and cash equivalents at end

activities

activities

activities

of period

Fiscal year ended

Millions of yen

Millions of yen

Millions of yen

Millions of yen

February 28, 2025

(586)

(3,659)

(1,533)

14,912

February 29, 2024

8,134

(15,236)

11,781

20,692

Annual dividends per share

Total cash

Payout ratio

Ratio of dividends

First quarter-

Second quarter-

Third quarter-

Fiscal

to net assets

Total

dividends (Total)

(Consolidated)

end

end

end

year-end

(Consolidated)

Yen

Yen

Yen

Yen

Yen

Millions of yen

%

%

Fiscal year ended

-

0.00

-

30.00

30.00

414

13.7

0.5

February 29, 2024

Fiscal year ended

-

0.00

-

30.00

30.00

414

-

0.4

February 28, 2025

Fiscal year ending

February 28, 2026

0.00

30.00

30.00

20.6

(Forecast)

Net sales

Operating profit

Ordinary profit

Profit attributable to

Basic earnings per share

owners of parent

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Yen

Fiscal year ending

95,000

13.1

3,100

86.2

3,000

-

2,000

-

145.55

February 28, 2026

(Millions of yen)

As of February 29, 2024

As of February 28, 2025

Assets

Current assets

Cash and deposits

20,195

14,912

Notes and accounts receivable - trade and contract assets

10,714

9,857

Merchandise and finished goods

1,783

1,659

Work in process

4,155

8,002

Raw materials and supplies

117

114

Advance payments to suppliers

509

887

Prepaid expenses

1,083

1,141

Advances paid

373

538

Consumption taxes refund receivable

89

738

Other

3,125

1,104

Allowance for doubtful accounts

(4)

(9)

Total current assets

42,142

38,949

Non-current assets

Property, plant and equipment

Buildings and structures, net

39,353

37,314

Facilities,net

11,919

13,898

Machinery, equipment and vehicles, net

1,145

1,093

Tools, furniture and fixtures, net

852

962

Land

52,011

52,471

Leased assets, net

1,787

2,071

Construction in progress

877

88

Other, net

54

37

Total property, plant and equipment

108,001

107,937

Intangible assets

Leasehold interests in land

1,451

1,451

Trademark right

1

0

Software

459

453

Other

41

45

Total intangible assets

1,954

1,951

Investments and other assets

Investment securities

40,852

41,992

Long-term loans receivable

924

915

Long-term prepaid expenses

11,807

11,668

Deferred tax assets

183

177

Retirement benefit asset

185

311

Guarantee deposits

4,801

4,701

Other

380

477

Allowance for doubtful accounts

(93)

(182)

Total investments and other assets

59,042

60,062

Total non-current assets

168,998

169,951

Total assets

211,140

208,900

(Millions of yen)

As of February 29, 2024

As of February 28, 2025

Liabilities

Current liabilities

Notes and accounts payable - trade

8,501

6,945

Short-term borrowings

4,871

7,099

Current portion of long-term borrowings

18,971

14,582

Lease liabilities

607

621

Accounts payable - other

2,858

2,868

Accrued expenses

1,111

1,040

Accrued business office tax

115

115

Income taxes payable

1,146

357

Accrued consumption taxes

925

112

Provision for bonuses

553

552

Provision for losses on business withdrawal

-

1,560

Other

3,853

4,157

Total current liabilities

43,516

40,011

Non-current liabilities

Long-term borrowings

45,335

47,152

Lease liabilities

1,483

1,758

Deferred tax liabilities

9,561

10,060

Provision for retirement benefits for directors (and other officers)

239

54

Retirement benefit liability

1,854

1,916

Asset retirement obligations

5,229

5,390

Guarantee deposits received

8,400

8,529

Other

1,052

874

Total non-current liabilities

73,158

75,736

Total liabilities

116,674

115,747

Net assets

Shareholders' equity

Share capital

33,018

33,018

Capital surplus

30,187

30,191

Retained earnings

16,178

15,100

Treasury shares

(1,447)

(1,430)

Total shareholders' equity

77,938

76,879

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

16,739

16,537

Foreign currency translation adjustment

(63)

(63)

Remeasurements of defined benefit plans

(246)

(297)

Total accumulated other comprehensive income

16,429

16,176

Non-controlling interests

98

96

Total net assets

94,466

93,152

Total liabilities and net assets

211,140

208,900

(Millions of yen)

Fiscal year ended

Fiscal year ended

February 29, 2024

February 28, 2025

Net sales

85,428

83,974

Cost of sales

49,450

48,126

Gross profit

35,977

35,848

Selling, general and administrative expenses

Advertising expenses

2,617

3,907

Personnel expenses

10,921

11,123

Business office tax

115

118

Provision of allowance for doubtful accounts

28

19

Provision for bonuses

459

456

Retirement benefit expenses

584

527

Provision for retirement benefits for directors (and other officers)

26

17

Rent expenses on land and buildings

4,905

4,775

Depreciation

1,959

2,174

Other

10,775

11,062

Total selling, general and administrative expenses

32,393

34,183

Operating profit

3,584

1,664

Non-operating income

Interest income

20

12

Dividend income

767

805

Subsidies for employment adjustment

5

-

Subsidy income

110

-

Business compensation income

373

405

Miscellaneous income

177

177

Total non-operating income

1,455

1,400

Non-operating expenses

Interest expenses

590

792

borrowing fee

168

98

Share of loss of entities accounted for using equity method

1,237

4,513

Miscellaneous expenses

176

160

Total non-operating expenses

2,173

5,565

Ordinary profit (loss)

2,866

(2,500)

(Millions of yen)

Fiscal year ended

Fiscal year ended

February 29, 2024

February 28, 2025

Extraordinary income

Gain on change in equity

401

-

Gain on sale of investment securities

2,956

4,385

Compensation income

540

4,317

Gain on sale of businesses

200

-

Gain on liquidation of subsidiaries

12

-

Gain on reversal of asset retirement obligations

-

418

Total extraordinary income

4,110

9,122

Extraordinary losses

Loss on retirement of non-current assets

42

53

Loss on disaster

655

110

Impairment losses

886

514

Litigation settlement

192

-

Penalty cost

37

-

Loss on valuation of shares of subsidiaries and associates

2

-

Loss on tax purpose reduction entry of non-current assets

-

3,708

Provision for Loss on business withdrawal

-

1,560

Provision of allowance for doubtful accounts

-

100

Loss on closing of theater

-

87

Loss on valuation of investment securities

-

48

Loss on sale of investment securities

-

7

Total extraordinary losses

1,818

6,192

Profit before income taxes

5,158

429

Income taxes - current

1,273

477

Income taxes - deferred

846

618

Total income taxes

2,119

1,095

Profit (loss)

3,038

(666)

Profit (loss) attributable to non-controlling interests

22

(1)

Profit (loss) attributable to owners of parent

3,016

(664)

(Millions of yen)

Fiscal year ended

Fiscal year ended

February 29, 2024

February 28, 2025

Profit (loss)

3,038

(666)

Other comprehensive income

Valuation difference on available-for-sale securities

5,308

(206)

Remeasurements of defined benefit plans, net of tax

13

(51)

Share of other comprehensive income of entities accounted for using equity

4

4

method

Total other comprehensive income

5,326

(253)

Comprehensive income

8,365

(919)

Comprehensive income attributable to

Comprehensive income attributable to owners of parent

8,342

(917)

Comprehensive income attributable to non-controlling interests

22

(1)

(Millions of yen)

Shareholders' equity

Retained

Total

Share capital

Capital surplus

Treasury shares

shareholders'

earnings

equity

Balance at beginning of period

33,018

30,157

13,576

(1,464)

75,288

Dividends of surplus

(414)

(414)

Profit (loss) attributable to

3,016

3,016

owners of parent

Purchase of shares of

13

13

consolidated subsidiaries

Purchase of treasury shares

(18)

(18)

Disposal of treasury shares

17

35

52

Change in treasury shares

arising from change in equity

(0)

(0)

in entities accounted for using

equity method

Net changes in items other

-

than shareholders' equity

Total changes during period

-

30

2,601

17

2,650

Balance at end of period

33,018

30,187

16,178

(1,447)

77,938

Accumulated other comprehensive income

Valuation

Foreign

Total

Non-

Remeasurements

accumulated

difference on

currency

controlling

Total net assets

of defined

other

interests

available-for-

translation

benefit plans

comprehensive

sale securities

adjustment

income

Balance at beginning of period

11,426

(63)

(259)

11,102

91

86,482

Dividends of surplus

(414)

Profit (loss) attributable to

3,016

owners of parent

Purchase of shares of

13

consolidated subsidiaries

Purchase of treasury shares

(18)

Disposal of treasury shares

52

Change in treasury shares

arising from change in equity

(0)

in entities accounted for using

equity method

Net changes in items other

5,312

-

13

5,326

7

5,333

than shareholders' equity

Total changes during period

5,312

-

13

5,326

7

7,983

Balance at end of period

16,739

(63)

(246)

16,429

98

94,466

(Millions of yen)

Shareholders' equity

Retained

Total

Share capital

Capital surplus

Treasury shares

shareholders'

earnings

equity

Balance at beginning of period

33,018

30,187

16,178

(1,447)

77,938

Dividends of surplus

(414)

(414)

Profit (loss) attributable to

(664)

(664)

owners of parent

Purchase of shares of

consolidated subsidiaries

Purchase of treasury shares

(13)

(13)

Disposal of treasury shares

4

30

34

Change in treasury shares

arising from change in equity

(0)

(0)

in entities accounted for using

equity method

Net changes in items other

-

than shareholders' equity

Total changes during period

-

4

(1,078)

16

(1,058)

Balance at end of period

33,018

30,191

15,100

(1,430)

76,879

Accumulated other comprehensive income

Valuation

Foreign

Total

Non-

Remeasurements

accumulated

difference on

currency

controlling

Total net assets

of defined

other

interests

available-for-

translation

benefit plans

comprehensive

sale securities

adjustment

income

Balance at beginning of period

16,739

(63)

(246)

16,429

98

94,466

Dividends of surplus

(414)

Profit (loss) attributable to

(664)

owners of parent

Purchase of shares of

consolidated subsidiaries

Purchase of treasury shares

(13)

Disposal of treasury shares

34

Change in treasury shares

arising from change in equity

(0)

in entities accounted for using

equity method

Net changes in items other

(201)

-

(51)

(253)

(1)

(254)

than shareholders' equity

Total changes during period

(201)

-

(51)

(253)

(1)

(1,313)

Balance at end of period

16,537

(63)

(297)

16,176

96

93,152