Earnings Alerts

Toho Co Ltd (9602) Earnings: 1Q Results Surpass Estimates with Strong Operating Income Performance

By October 15, 2025 No Comments
  • Toho/Tokyo’s 1Q operating income reached 19.34 billion yen, surpassing the estimate of 19.07 billion yen but marking a 21% decrease from the previous year.
  • Cinema operating profit stood at 9.05 billion yen, demonstrating a strong segment performance.
  • Theatrical operating profit was significantly lower at 70.0 million yen, a 93% decline year-on-year, and came in below the estimate of 617.5 million yen.
  • Real estate operating profit performed well, achieving 5.96 billion yen, which is a 26% increase from last year and exceeded the estimate of 4.57 billion yen.
  • Net income totaled 11.57 billion yen, falling short of the estimate of 12.55 billion yen and representing a 28% decrease year-on-year.
  • Net sales were 84.88 billion yen, slightly down by 1.3% compared to the previous year but above the estimate of 80.06 billion yen.
  • For 2026, net income is forecasted at 43.5 billion yen, an increase from the previous forecast of 37.50 billion yen but lower than the estimate of 45.42 billion yen.
  • The company maintains its 2026 operating income forecast of 57 billion yen against an estimate of 65.98 billion yen.
  • 2026 net sales are anticipated to be 300 billion yen, trailing behind the market estimate of 316.39 billion yen.
  • The projected dividend remains at 85 yen, below the estimate of 92.84 yen.
  • A 6 billion yen increase in net income attributable to owners of the parent is expected after tax deductions from an 8.9 billion yen gain on sales of investment securities.
  • Analyst recommendations include 7 buy ratings and 4 hold ratings, with no sell recommendations.

A look at Toho Co Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Toho Co Ltd‘s long-term outlook appears promising. The company’s strong Momentum score of 5 suggests that it is currently experiencing positive upward trends that could continue in the future. Furthermore, Toho’s Resilience score of 4 indicates that it has demonstrated stability and the ability to weather economic uncertainties. With a Growth score of 3, there is potential for Toho Co Ltd to expand and develop further over time.

Although Toho Co Ltd‘s Value and Dividend scores are more modest at 2 each, the company’s diversified business model that includes film production, distribution, merchandise sales, and theater operations provides a solid foundation for future growth. Overall, Toho Co Ltd‘s strong scores in Momentum and Resilience combined with its diverse portfolio indicate a positive outlook for the company’s long-term performance in the entertainment industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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