TV Tokyo Holdings (TV Tokyo HD) has declared its financial results for the fiscal year ending March 2024, achieving a record net income of 6,736 million yen, a marginal increase of 0.2% from the previous year. Despite a slight 1.6% decrease in consolidated sales totaling 148,587 million yen and a 4.3% drop in operating income to 8,836 million yen, the company witnessed a 2.4% rise in ordinary income to 9,599 million yen.
The resilience in performance is largely attributed to the robust growth in the anime and distribution segments, which collectively contributed 67% of the operating profit, equating to 5.962 billion yen. The anime and distribution business alone garnered 44,534 million yen in annual sales, reflecting a 1% increase. This growth was spearheaded by notable revenues from international program sales, licensing for games, and both paid and ad-supported streaming platforms.
Key drivers of the anime division included successful titles like “SPY x FAMILY” and “Pokémon,” both performing well domestically and internationally. “NARUTO” distribution excelled in Europe, while “Black Clover” saw global success in gaming rights and distribution. Despite this, the year witnessed a slight decrease in anime revenue, primarily due to the previous year’s high base effect from a major project with a Chinese distribution platform.
On the international front, Japan accounted for only 17% of the anime sales, with the remaining 83% generated from overseas markets, where North America emerged as the largest contributor with 29%, followed closely by China at 27%.
Non-anime content distribution also saw remarkable growth, increasing by 10.5% to reach 11,518 million yen. Leading this surge were drama series like “Seasonless Town” and “Hyena,” with substantial revenue also stemming from variety shows, particularly in Asian markets.
Looking forward, TV Tokyo HD has unveiled its “2024 Medium-Term Management Plan,” focusing on three strategic areas: Anime, Economic Reporting, and Original IP development. With a vision to transition into a global IP company, TV Tokyo HD plans to enhance its anime business, extend market reach in North America, Asia, and the Middle East, and innovate by acquiring and developing original IPs. This strategy aims to solidify TV Tokyo’s position as a leader in the global entertainment industry, leveraging its strong content portfolio to drive future growth.
