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.
July 15, 2025
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 three months ended May 31, 2025 (from March 1, 2025 to May 31, 2025)
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Three months ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
May 31, 2025
21,657
11.2
1,091
214.7
872
-
1,507
-
May 31, 2024
19,483
(16.0)
346
(85.6)
4
(99.8)
(88)
-
Note: Comprehensive income For the three months ended May 31, 2025:
¥3,207 million
[411.6%]
For the three months ended May 31, 2024:
¥627 million
[(85.1)%]
Basic earnings per share
Diluted earnings per share
Three months ended
Yen
Yen
May 31, 2025
109.74
-
May 31, 2024
(6.41)
-
Note: The year-on-year rate of change in ordinary income for the first 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
May 31, 2025
213,521
95,942
44.9
6,976.67
February 28, 2025
208,900
93,152
44.5
6,772.01
Reference: Equity
As of May 31, 2025: ¥95,850 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
-
Fiscal year ending February 28, 2026 (Forecast)
0.00
-
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 |
95,000 | 13.1 | 3,100 | 86.2 | 3,000 | - | 2,900 | - | 211.08 | |
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 May 31, 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 May 31, 2025
199,161 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)
Three months ended May 31, 2025 | 13,738,830 shares |
Three months ended May 31, 2024 | 13,738,956 shares |
Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:nothing
Proper use of earnings forecasts, and other special matters
(Cautions on forward-looking statements, etc.)
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 fi nancial results, etc. may differ substantially due to various factors.
Quarterly consolidated balance sheet(Millions of yen)
As of February 28, 2025 | As of May 31, 2025 | |
Assets | ||
Current assets | ||
Cash and deposits | 14,912 | 14,550 |
Notes and accounts receivable - trade and contract assets | 9,857 | 10,762 |
Merchandise and finished goods | 1,659 | 1,855 |
Work in process | 8,002 | 9,056 |
Raw materials and supplies | 114 | 116 |
Other | 4,410 | 3,517 |
Allowance for doubtful accounts | (9) | (9) |
Total current assets | 38,949 | 39,849 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 37,314 | 36,840 |
Facilities, net | 13,898 | 13,759 |
Land | 52,471 | 52,471 |
Other, net | 4,253 | 4,948 |
Total property, plant and equipment | 107,937 | 108,019 |
Intangible assets | ||
Other | 1,951 | 1,919 |
Total intangible assets | 1,951 | 1,919 |
Investments and other assets | ||
Investment securities | 41,992 | 45,738 |
Retirement benefit asset | 311 | 310 |
Other | 17,940 | 18,366 |
Allowance for doubtful accounts | (182) | (682) |
Total investments and other assets | 60,062 | 63,732 |
Total non-current assets | 169,951 | 173,671 |
Total assets | 208,900 | 213,521 |
(Millions of yen)
As of February 28, 2025 | As of May 31, 2025 | |
Liabilities | ||
Current liabilities | ||
Notes and accounts payable - trade | 6,945 | 8,609 |
Short-term borrowings | 7,099 | 6,309 |
Current portion of long-term borrowings | 14,582 | 7,439 |
Income taxes payable | 357 | 396 |
Provision for bonuses | 552 | 431 |
Provision for losses on business withdrawal | 1,560 | 500 |
Other | 8,915 | 11,683 |
Total current liabilities | 40,011 | 35,371 |
Non-current liabilities | ||
Long-term borrowings | 47,152 | 52,979 |
Provision for retirement benefits for directors (and other officers) | 54 | - |
Retirement benefit liability | 1,916 | 1,924 |
Asset retirement obligations | 5,390 | 5,019 |
Other | 21,222 | 22,284 |
Total non-current liabilities | 75,736 | 82,206 |
Total liabilities | 115,747 | 117,578 |
Net assets | ||
Shareholders' equity | ||
Share capital | 33,018 | 33,018 |
Capital surplus | 30,191 | 30,191 |
Retained earnings | 15,100 | 16,193 |
Treasury shares | (1,430) | (1,434) |
Total shareholders' equity | 76,879 | 77,969 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 16,537 | 18,250 |
Foreign currency translation adjustment | (63) | (63) |
Remeasurements of defined benefit plans | (297) | (306) |
Total accumulated other comprehensive income | 16,176 | 17,880 |
Non-controlling interests | 96 | 92 |
Total net assets | 93,152 | 95,942 |
Total liabilities and net assets | 208,900 | 213,521 |
(Millions of yen)
Three months ended May 31, 2024 | Three months ended May 31, 2025 | |
Net sales | 19,483 | 21,657 |
Cost of sales | 11,210 | 12,058 |
Gross profit | 8,273 | 9,599 |
Selling, general and administrative expenses | 7,926 | 8,507 |
Operating profit | 346 | 1,091 |
Non-operating income | ||
Interest income | 3 | 3 |
Dividend income | 89 | 80 |
Share of profit of entities accounted for using equity method | - | 27 |
Other | 74 | 56 |
Total non-operating income | 166 | 168 |
Non-operating expenses | ||
Interest expenses | 194 | 219 |
Loan fees | 55 | 14 |
Share of loss of entities accounted for using equity method | 231 | - |
Compensation expenses | - | 127 |
Other | 28 | 25 |
Total non-operating expenses | 509 | 387 |
Ordinary profit | 4 | 872 |
Extraordinary income | ||
Gain on reversal of provision for loss on business withdrawal | - | 560 |
Gain on sale of investment securities | - | 14 |
Total extraordinary income | - | 574 |
Extraordinary losses | ||
Loss on retirement of non-current assets | 0 | 5 |
Total extraordinary losses | 0 | 5 |
Profit before income taxes | 3 | 1,441 |
Income taxes - current | 29 | 257 |
Income taxes - deferred | 65 | (319) |
Total income taxes | 95 | (62) |
Profit (loss) | (91) | 1,503 |
Loss attributable to non-controlling interests | (3) | (4) |
Profit (loss) attributable to owners of parent | (88) | 1,507 |
(Millions of yen)
Three months ended May 31, 2024 | Three months ended May 31, 2025 | |
Profit (loss) | (91) | 1,503 |
Other comprehensive income | ||
Valuation difference on available-for-sale securities | 711 | 1,712 |
Remeasurements of defined benefit plans, net of tax | 5 | (9) |
Share of other comprehensive income of entities accounted for using equity method | 2 | 0 |
Total other comprehensive income | 718 | 1,704 |
Comprehensive income | 627 | 3,207 |
Comprehensive income attributable to | ||
Comprehensive income attributable to owners of parent | 630 | 3,212 |
Comprehensive income attributable to non-controlling interests | (3) | (4) |
(Notes on segment information, etc.) Segment Information
the three months of the previous fiscal year (March 1, 2024 to May 31, 2024)
Information on sales and the amount of profit or loss for each reported segment
(in 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
10,002
5,524
3,438
517
19,483
-
19,483
Transactions with other segments
65
33
486
27
613
(613)
-
Total
10,068
5,558
3,925
545
20,096
(613)
19,483
Segment profit (loss)
262
(514)
1,552
(174)
1,126
(780)
346
Note: 1. The "Other" category is a business segment that is not included in the reporting segments, such as 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 or loss (loss) of (780) million yen include (2) million yen in inter-segment transaction elimination and (778) million yen in 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 or loss (loss) is adjusted for operating income in the quarterly consolidated statements of income.
the three months of the current fiscal year (March 1, 2025 to May 31, 2025)
Information on sales and the amount of profit or loss for each reported segment
(in 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
11,456
5,996
3,662
541
21,657
-
21,657
Transactions with other segments
28
53
479
29
590
(590)
-
Total
11,484
6,049
4,142
571
22,247
(590)
21,657
Segment profit (loss)
416
74
1,428
(3)
1,916
(825)
1,091
Note: 1. The "Other" category is a business segment that is not included in the reporting segments, such as 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 or loss (loss) of (825) million yen include the elimination of inter-segment transactions of (0) million yen and the company-wide expenses of (824) million yen 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 or loss (loss) is adjusted for operating income in the quarterly consolidated statements of income.