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Alphapolis Books Record Profit After Animation Studio Deal

Digital publisher's quarterly earnings surge on manga and light novel sales
Japan
a 9467.TSE Entertainment 100
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Alphapolis reported operating profit of ¥1.7 billion ($11 million) for the second quarter, marking the highest quarterly results for the standalone unit after transitioning to consolidated accounting following its acquisition of animation studio WHITE FOX.

The Tokyo-based digital publisher generated revenue of ¥7.9 billion ($51 million) and net income of ¥1.03 billion ($6.7 million) for the six months ended September. The company completed its purchase of WHITE FOX in September, bringing the Re:Zero and Steins;Gate producer into the fold.

Manga publications drove growth with 106 titles released during the period, up 25% from a year earlier. The category benefited from a 25th anniversary promotional campaign across digital storefronts in August. Electronic book sales showed particular strength, with per-chapter distribution continuing to gain traction.

Light novel output reached 178 titles, while series including “May I Ask for One Final Thing?” prepared for October anime broadcasts. The company’s flagship “Stepmother’s Friends” franchise maintained momentum with initial print runs hitting 80,000 copies.

Alphapolis forecast consolidated annual revenue of ¥17.1 billion ($111 million) and operating profit of ¥3.72 billion ($24 million) for the fiscal year ending March 2026. The projections represent the publisher’s first consolidated guidance since absorbing the animation studio’s operations.


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