Tsuburaya Fields Holdings Inc. (TSE: 2767) reported consolidated full-year results for the fiscal year ended March 31, 2026 (FY3/2026) under Japanese GAAP. Revenue rose 23.9% year-on-year to a record ¥174,142 million, up from ¥140,581 million, while operating profit climbed 14.1% to ¥17,455 million from ¥15,295 million. Ordinary profit advanced 7.8% to ¥17,751 million, and net profit attributable to owners of the parent rose 17.0% to ¥13,050 million from ¥11,158 million. Basic EPS reached ¥209.70 versus ¥178.78, and comprehensive income increased 6.3% to ¥12,989 million.
Ultraman IP and pachinko distribution drive the record top line
Tsuburaya Fields Holdings is the holding company that combines Tsuburaya Productions — owner of the Ultraman intellectual property, with its content and licensing businesses — and Fields, which plans and distributes pachinko and pachislot machines, alongside an amusement operation. The 23.9% revenue surge to ¥174.1 billion lifted the group to a new record and underscored the breadth of its entertainment portfolio, spanning character IP and the machine-distribution franchise.
Profitability and returns
Operating margin held at 10.0%, while return on equity reached 23.3% — a level that places Tsuburaya Fields among the more capital-efficient names in Japanese entertainment. Operating profit growth of 14.1% lagged the 23.9% revenue increase, while net profit growth of 17.0% outpaced operating profit, reflecting items below the operating line. EPS of ¥209.70 marked a 17.3% advance year-on-year.
Balance sheet and cash flow
Total assets stood at ¥103,360 million against net assets of ¥66,187 million, giving an equity ratio of 58.9% and book value per share of ¥977.58. On the cash-flow statement, operating activities generated ¥7,477 million, investing activities used ¥2,315 million, and financing activities used ¥5,195 million. Period-end cash and equivalents totalled ¥30,835 million.
Dividend raised to ¥70
For FY3/2026 the company raised its year-end dividend, lifting the annual payout to ¥70 per share — the year-end dividend was revised up from ¥50 to ¥70. That implies a consolidated payout ratio of 32.3% and a dividend on equity (DOE) of 7.8%. Management has guided to a further ¥70 annual dividend for FY3/2027, signalling a commitment to maintain the higher payout level.
FY27 guidance points to continued growth
For the fiscal year ending March 31, 2027, management guides revenue of ¥187,000 million (+7.4%), operating profit of ¥19,000 million (+8.8%), ordinary profit of ¥19,150 million (+7.9%), and net profit attributable to owners of ¥13,500 million (+3.4%), with EPS of ¥216.86. The outlook calls for revenue and profit to extend their advance from the record FY3/2026 base, with the dividend held at ¥70.
| Metric | FY3/2026 | FY3/2025 | YoY |
|---|---|---|---|
| Revenue (¥M) | 174,142 | 140,581 | +23.9% |
| Operating profit (¥M) | 17,455 | 15,295 | +14.1% |
| Ordinary profit (¥M) | 17,751 | 16,462 | +7.8% |
| Net profit attrib. (¥M) | 13,050 | 11,158 | +17.0% |
| EPS (¥) | 209.70 | 178.78 | +17.3% |
| Annual dividend (¥) | 70.00 | 50.00 | +40.0% |
| FY27 net profit guidance (¥M) | 13,500 | — | +3.4% |
JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.