DISCLAIMER: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
January 14, 2026
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, Representative Director and President Inquiries: Taku Koyama, Executive Officer
Telephone: +81-3-5550-1699
Scheduled date to commence dividend payments: -
Preparation of supplementary material on financial results: Yes
Holding of financial results briefing: None
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the nine months ended November 30, 2025 (from March 1, 2025 to November 30, 2025)
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Nine months ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
November 30, 2025
74,756
25.8
5,496
-
5,610
-
4,964
-
November 30, 2024
59,420
(4.9)
74
(96.0)
(4,196)
-
(1,018)
-
Note: Comprehensive income For the nine months ended November 30, 2025:
¥12,584 million
[-%]
For the nine months ended November 30, 2024:
¥(2,020) million
[-%]
Basic earnings per share
Diluted earnings per share
Nine months ended
Yen
Yen
November 30, 2025
361.20
-
November 30, 2024
(74.10)
-
Note: The year-on-year rate of change in operating income for the third quarter of the fiscal year ending February 28, 2026 exceeds 1,000%, so it is indicated as "-".
- Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
Net assets per share
As of
Millions of yen
Millions of yen
%
Yen
November 30, 2025
224,891
105,358
46.8
7,658.09
February 28, 2025
208,900
93,152
44.5
6,772.01
Reference: Equity
As of November 30, 2025: ¥105,252 million
As of February 28, 2025: ¥93,056 million
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Fiscal year ended
February 28, 2025
-
0.00
-
30.00
30.00
Fiscal year ending February 28, 2026
-
0.00
-
Fiscal year ending February 28, 2026 (Forecast)
30.00
30.00
Note: Revisions to the forecast of cash dividends most recently announced: None
- Forecast of consolidated financial results for the fiscal year ending February 28, 2026 (from March 1, 2025 to February 28, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Fiscal year ending February 28, 2026 | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen |
97,000 | 15.5 | 5,500 | 230.4 | 5,700 | - | 5,000 | - | 363.80 | |
Note: Revisions to the earnings forecasts most recently announced: Yes
* NotesSignificant changes in the scope of consolidation during the period: None
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of November 30, 2025
13,937,857 shares
As of February 28, 2025
13,937,857 shares
Number of treasury shares at the end of the period
As of November 30, 2025
193,917 shares
As of February 28, 2025
196,532 shares
Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Nine months ended November 30, 2025 | 13,743,036 shares |
Nine months ended November 30, 2024 | 13,740,847 shares |
Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:None
Proper use of earnings forecasts, and other special matters
(Note on Forward-Looking Statements)
The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors.
Quarterly consolidated balance sheet(Millions of yen)
As of February 28, 2025 | As of November 30, 2025 | |
Assets | ||
Current assets | ||
Cash and deposits | 14,912 | 20,835 |
Notes and accounts receivable - trade and contract assets | 9,857 | 9,980 |
Merchandise and finished goods | 1,659 | 1,624 |
Work in process | 8,002 | 8,588 |
Raw materials and supplies | 114 | 120 |
Other | 4,410 | 3,136 |
Allowance for doubtful accounts | (9) | (13) |
Total current assets | 38,949 | 44,272 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 37,314 | 35,949 |
Facilities,net | 13,898 | 13,421 |
Land | 52,471 | 52,471 |
Other, net | 4,253 | 4,987 |
Total property, plant and equipment | 107,937 | 106,830 |
Intangible assets | ||
Other | 1,951 | 1,892 |
Total intangible assets | 1,951 | 1,892 |
Investments and other assets | ||
Investment securities | 41,992 | 54,180 |
Retirement benefit asset | 311 | 367 |
Other | 17,940 | 17,431 |
Allowance for doubtful accounts | (182) | (82) |
Total investments and other assets | 60,062 | 71,896 |
Total non-current assets | 169,951 | 180,619 |
Total assets | 208,900 | 224,891 |
(Millions of yen)
As of February 28, 2025 | As of November 30, 2025 | |
Liabilities | ||
Current liabilities | ||
Notes and accounts payable - trade | 6,945 | 7,165 |
Short-term borrowings | 7,099 | 4,700 |
Current portion of long-term borrowings | 14,582 | 7,539 |
Income taxes payable | 357 | 768 |
Provision for bonuses | 552 | 256 |
Provision for losses on business withdrawal | 1,560 | - |
Other | 8,915 | 11,622 |
Total current liabilities | 40,011 | 32,053 |
Non-current liabilities | ||
Long-term borrowings | 47,152 | 54,927 |
Provision for retirement benefits for directors (and other officers) | 54 | - |
Retirement benefit liability | 1,916 | 1,985 |
Asset retirement obligations | 5,390 | 5,068 |
Other | 21,222 | 25,498 |
Total non-current liabilities | 75,736 | 87,480 |
Total liabilities | 115,747 | 119,533 |
Net assets | ||
Shareholders' equity | ||
Share capital | 33,018 | 33,018 |
Capital surplus | 30,191 | 30,210 |
Retained earnings | 15,100 | 19,649 |
Treasury shares | (1,430) | (1,413) |
Total shareholders' equity | 76,879 | 81,465 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 16,537 | 24,124 |
Foreign currency translation adjustment | (63) | (63) |
Remeasurements of defined benefit plans | (297) | (273) |
Total accumulated other comprehensive income | 16,176 | 23,786 |
Non-controlling interests | 96 | 106 |
Total net assets | 93,152 | 105,358 |
Total liabilities and net assets | 208,900 | 224,891 |
(Millions of yen)
Nine months ended November 30, 2024 | Nine months ended November 30, 2025 | |
Net sales | 59,420 | 74,756 |
Cost of sales | 34,252 | 42,513 |
Gross profit | 25,168 | 32,242 |
Selling, general and administrative expenses | 25,093 | 26,745 |
Operating profit | 74 | 5,496 |
Non-operating income | ||
Interest income | 9 | 10 |
Dividend income | 541 | 621 |
Share of profit of entities accounted for using equity method | - | 55 |
Other | 137 | 358 |
Total non-operating income | 689 | 1,045 |
Non-operating expenses | ||
Interest expenses | 594 | 687 |
Loan fees | 84 | 43 |
Share of loss of entities accounted for using equity method | 4,158 | - |
Compensation expenses | - | 127 |
Other | 122 | 74 |
Total non-operating expenses | 4,960 | 932 |
Ordinary profit (loss) | (4,196) | 5,610 |
Extraordinary income | ||
Gain on sale of investment securities | 4,002 | 56 |
Gain on reversal of provision for loss on business withdrawal | - | 658 |
Compensation income | 4,317 | - |
Gain on reversal of asset retirement obligations | 361 | 42 |
Total extraordinary income | 8,682 | 757 |
Extraordinary losses | ||
Loss on retirement of non-current assets | 26 | 71 |
Loss on disaster | 110 | - |
Impairment losses | 44 | - |
Loss on tax purpose reduction entry of non-current assets | 3,607 | - |
Loss on closing of theater | 87 | 19 |
Loss on valuation of investment securities | 27 | 245 |
Loss on sale of investment securities | 7 | - |
Total extraordinary losses | 3,912 | 336 |
Profit before income taxes | 573 | 6,031 |
Income taxes - current | 755 | 843 |
Income taxes - deferred | 832 | 215 |
Total income taxes | 1,588 | 1,058 |
Profit (loss) | (1,015) | 4,973 |
Profit attributable to non-controlling interests | 2 | 9 |
Profit (loss) attributable to owners of parent | (1,018) | 4,964 |
(Millions of yen)
Nine months ended November 30, 2024 | Nine months ended November 30, 2025 | |
Profit (loss) | (1,015) | 4,973 |
Other comprehensive income | ||
Valuation difference on available-for-sale securities | (1,024) | 7,582 |
Remeasurements of defined benefit plans, net of tax | 16 | 23 |
Share of other comprehensive income of entities accounted for using equity method | 3 | 4 |
Total other comprehensive income | (1,005) | 7,610 |
Comprehensive income | (2,020) | 12,584 |
Comprehensive income attributable to | ||
Comprehensive income attributable to owners of parent | (2,023) | 12,574 |
Comprehensive income attributable to non-controlling interests | 2 | 9 |
(Notes on segment information, etc.) Segment Information
The nine months of the previous fiscal year (March 1, 2024 to November 30, 2024)
Information on sales and the amount of profit or loss for each reported segment
(Millions of yen)
Motion Pictures
Theatre
Real Estate
Other (Note) 1
Total
Adjustment amount (Note) 2
Quarterly Consolidated Statements of Income (Note)3
Sales
Revenues from external customers
30,200
17,128
10,438
1,653
59,420
-
59,420
Transactions with other segments
158
99
1,413
79
1,751
(1,751)
-
Total
30,358
17,228
11,852
1,733
61,171
(1,751)
59,420
Segment profit (loss)
(548)
(1,169)
4,553
(320)
2,514
(2,440)
74
Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes the production and sale of programs, the planning and sale of character products, the planning and production of distributed content, and the development of new businesses.
Adjustments for segment profit (loss) of (2,440) million yen include 1 million yen of inter-segment transaction elimination and (2,441) million yen of company-wide expenses not allocated to each reporting segment. Company-wide expenses are mainly expenses related to the Company's general affairs and other administrative divisions that are not attributable to the reporting segment.
Segment profit (loss) is adjusted for operating income in the quarterly consolidated statements of income.
2. Information on impairment losses or goodwill on fixed assets by reporting segment (Significant impairment loss on fixed assets)
In the "Other" section, as a result of reviewing the recoverable value of assets held by the Company that are scheduled to be retired in accordance with the decision to change the use, the recoverable value is set to zero and the entire carrying value is recorded as an impairment loss. The amount of the impairment loss recorded was 44 million yen in the third quarter of the current fiscal year.
The nine months of the current fiscal year (March 1, 2025 to November 30, 2025)
Information on sales and the amount of profit or loss for each reported segment
(Millions of yen)
Motion Pictures
Theatre
Real Estate
Other (Note) 1
Total
Adjustment amount (Note) 2
Quarterly Consolidated Statements of Income (Note)3
Sales
Revenues from external customers
41,009
20,189
11,024
2,533
74,756
-
74,756
Transactions with other segments
91
148
1,391
46
1,677
(1,677)
-
Total
41,101
20,337
12,415
2,579
76,433
(1,677)
74,756
Segment profit (loss)
2,439
1,285
4,154
118
7,998
(2,501)
5,496
Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes the production and sale of programs, the planning and sale of character products, the planning and production of distributed content, and the development of new businesses.
Adjustments for segment profit (loss) of (2,501) million yen include 2 million yen of inter-segment transaction elimination and (2,504) million yen of company-wide expenses that have not been allocated to each reporting segment. Company-wide expenses are mainly expenses related to the Company's general affairs and other administrative divisions that are not attributable to the reporting segment.
Segment profit (loss) is adjusted for operating income in the quarterly consolidated statements of income.