Bushiroad Inc. lifted its full-year profit forecast for the second time this fiscal year, projecting operating income will surge 370% to ¥4.15 billion ($27.7 million) as demand for trading cards and live entertainment rebounds.
The Tokyo-based company now expects revenue of ¥53.5 billion ($357 million) for the year ending June, representing a 15.6% increase from the previous period. Net income is forecast to more than triple to ¥2.49 billion ($16.6 million).
The upward revision follows strong third-quarter performance across Bushiroad’s portfolio, which includes the Cardfight!! Vanguard and Weiss Schwarz card games alongside BanG Dream! live concerts and New Japan Pro-Wrestling events.
Chief Executive Takaaki Kitani highlighted new card launches including the Love Live! series, which integrates with live events, and noted expanding international sales despite headwinds. The company’s merchandise unit is benefiting from increased concert activity and growing awareness of its PalVerse figurine brand globally.
However, Bushiroad acknowledged challenges from U.S. trade policies. The firm anticipates losing approximately ¥300 million ($2 million) in annual revenue from tariff impacts on its English-language trading card exports, translating to roughly ¥120 million ($800,000) in reduced profits given the segment’s 40% gross margin.
The entertainment conglomerate also operates wrestling promotions and mobile gaming properties.
