Toei Company Ltd. reported mixed financial results for the first quarter of fiscal year 2025. Despite a 1.6% year-on-year decline in net sales to ¥42,353 million (US$290 million), the company saw a substantial 43.4% increase in operating profit, reaching ¥8,045 million (US$55 million). The surge in operating profit marks a notable performance, making it the highest in the company’s records for a first quarter.
The results were largely driven by robust performance in the multi-use operations, including sales of copyrights and streaming licenses. Hits like Dangerous Cops -Home Coming- and the re-release of IDOLiSH7 the Movie; LIVE 4bit BEYOND THE PERIOD significantly contributed to this segment. However, the movie segment experienced a notable drop in sales, with revenue plunging by 62.1% year-on-year due to fewer blockbuster releases compared to the same period last year.
The content business also showed strength with a 12.6% increase in net sales, supported by strong domestic and overseas streaming rights sales. Meanwhile, the architectural and interior design segment saw a 23.1% decrease in net sales, highlighting challenges outside the core entertainment businesses.
Overall, Toei’s diverse business model helped mitigate the impact of a weaker movie segment, although the company remains focused on expanding its content offerings to sustain growth amid changing market dynamics.
