Bushiroad, Inc. · TSE:7803
Bushiroad — Q1 FY2026 Earnings Presentation
35 slides from Bushiroad's earnings presentation, Nov 14, 2025
Slide 1: FY2026 1Q Financial Results Briefing Material
FY2026 1Q Financial Results Briefing Material Bushiroad Inc. Securities code: 7803 November 14, 2025 Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated version and the original
Slide 2: Agenda
・FY26 1Q Financial Results Summary ・Topics ・Progress against Consolidated Performance Forecasts for FY26 ・Appendix ©BUSHI 2
Slide 3: FY26 1Q Financial Results Summary
FY26 1Q Financial Results Summary ©BUSHI 3
Slide 4: Consolidated Income Statement Summary
Consolidated Income Statement Summary Quarter FY26 1Q FY25 1Q + / -amount （Unit：million yen） ① ② ①-② Net sales 13,766 12,273 +1,493 Gross profit 5,216 3,948 +1,268 SG&A expenses 3,548 3,437 +111 Advertising expenses 1,245 1,207 +38 +Promotion expenses R&D expenses 175 313 ▲138 Operating profit 1,668
Slide 5: Quarterly Net sales
Quarterly Net sales Due to the transition to the new unit structure, figures for the fiscal years ending June 2024 and June 2025 have been reclassified. ©BUSHI 5
Slide 6: Highlights
Highlights (百万円 / million yen) Quarterly Net sales Topics YoY ・Cardfight!! Vanguard and Weiβ Schwarz: continued solid. TCG 6,960 ・ In July 2025, the “GODZILLA CARD GAME” * Planning and release: TOHO CO., LTD. Sales: Bushiroad Inc. +1,617 and the English edition of the “hololive OFFICIAL CARD GAME” *
Slide 7: Quarterly Consolidated Performance: Net sales/Gross profit/Gross profit margin
Quarterly Consolidated Performance: Net sales/Gross profit/Gross profit margin ©BUSHI 7
Slide 8: Quarterly Consolidated Performance: Net sales/Operating profit/Operating profit margin
Quarterly Consolidated Performance: Net sales/Operating profit/Operating profit margin ©BUSHI 8
Slide 9: Quarterly Consolidated Performance: Net sales/Ordinary profit/Ordinary profit margin
Quarterly Consolidated Performance: Net sales/Ordinary profit/Ordinary profit margin ©BUSHI 9
Slide 10: Quarterly Consolidated Performance: SG&A Expenses
Quarterly Consolidated Performance: SG&A Expenses SG&A expenses 3,548 million yen YoY +110 million yen ・Advertising expenses +Promotion expenses 1,245 million yen YoY +38 million yen ・R&D expenses 175 million yen YoY ▲138 million yen ・Other SG&A expenses 2,127 million yen YoY +210 million yen • Comp
Slide 11: Topics
Bsusniroap Topics
Slide 12: TCG Topics in FY26 1Q
TRADING CARD GAME TCG Topics in FY26 1Q Net sales 6,960 million yen YoY +1,617 million yen ・Cardfight!! Vanguard and Weiβ Schwarz: continued solid. ・ In July 2025, the “GODZILLA CARD GAME” * Planning and release: TOHO CO., LTD. Sales: Bushiroad Inc. and the English edition of the “hololive OFFICIAL
Slide 13: TCG Future Outlook
TRADING CARD GAME TCG Future Outlook Cardfight!! Vanguard Weiβ Schwarz Japanese editions * Release dates and other information are based on the schedule in Japan. ・ 学園アイドルマスター FY25 4Q ・ あおぎり高校 and October 10, 2025 Booster Pack 「武奏烈華(ぶそうれっか)」 ・ 負けヒロインが多すぎる！ more FY26 1Q ・ Summer Pockets REFLECTION BL
Slide 14: (Reference) TCG domestic and overseas sales
TRADING CARD GAME TCG (Reference) TCG domestic and overseas sales Domestic sales million YoY million （1Q） yen yen Overseas sales million YoY million yen (1Q) yen Overseas sales ratio % YoY Pt （1Q） Due to the release of GODZILLA CARD GAME (Japanese and English editions) (* Planning and release: TOHO
Slide 15: Digital Games Topics in FY26 1Q and Future Outlook
DIGITAL GAMES デジタルゲーム Topics in FY26 1Q and Future Outlook Net sales 1,494 million yen YoY +145 million yen ・Although performance remained sluggish compared to the business plan, revenue and profit increased year on year due to the launch of a major title and a reduction in development costs. ・Two c
Slide 16: Console games Release Schedule
DIGITAL GAMES デジタルゲーム Release Schedule ~ 2 consoles in FY 26 1Q & 2 consoles in FY26 2Q ~ FY26 1Q(The quarter under review) FY26 2Q In and after FY26 3Q / TBD Visual Novels Console games In-House IP Septemeber 2025 * October 2025 Licensed IP October 2025 Original IP January 2026 Licensed IP TBD Lice
Slide 17: Live Entertainment Topics in FY26 1Q
LIVE ENTERTAINMENT ライブエンタメ Topics in FY26 1Q Net sales 1,335 million yen YoY +145 million yen ・Business shifted to solid with live events such as Ave Mujica 5th LIVE 「Nova Historia」 and Poppin'Party Global LIVE 2025「Shiny High-Five!!」. July 26-27, 2025 Ave Mujica 5th LIVE「Nova Historia」 (LaLa arena
Slide 18: Live Entertainment Future Outlook
LIVE ENTERTAINMENT ライブエンタメ Future Outlook ●BanG Dream! SHANGHAI LIVE 2025 ●MyGO!!!!! and Ave Mujica release new single. MyGO!!!!!×Ave Mujica Joint Live "Beyond the Fork in the Road" December 3, 2025 December 10, 2025 MyGO!!!!! 8th Single 「Silent」 Ave Mujica 3rd Single「‘S/’ The Way/Sophie」 ●“Mugendai
Slide 19: (Reference) Event schedule
LIVE ENTERTAINMENT ライブエンタメ (Reference) Event schedule ●Large-scale live events in Japan FY26 1Q ・July 26-27, 2025 Ave Mujica 5th LIVE「Nova Historia」（LaLa arena TOKYO-BAY） (The quarter under review) and more ・December 6, 2025 MyGO!!!!! 8th LIVE（KEIO ARENA TOKYO） FY26 2Q ・December 7, 2025 RAISE A SUIL
Slide 20: MD Topics in FY26 1Q
MERCHANDISING MD Topics in FY26 1Q Net sales 2,021 million yen YoY ▲257 million yen ・Sales and profit decreased YoY due to temporary demand in foreign countries in the same quarter last year, but results were generally in line with the plan. ・The Live Merchandise remained stable, though at a lower l
Slide 21: MD Future Outlook
MERCHANDISING MD Future Outlook Mini-Crane Prize Products: "Tiny Gift" Figure Brand PalVerse: Steady Sales is achieving strong growth. (Re-releases Included) July 2025 August 2025 PalVerse Palé. BLUE LOCK PalVerse Demon Slayer vol.2 Global Foundation Strengthened by blind box toys July 2025 August 2
Slide 22: Media Content Topics in FY26 1Q
MEDIA CONTENT メディアコンテンツ Topics in FY26 1Q Net sales 368 million yen YoY ▲196 million yen Sales increased as a result of distributing the movie “劇場版すとぷり はじまりの物語 Starting this term, the Media Content Unit integrating both the advertising and ～Strawberry School Festival!!!～.” publishing businesses was
Slide 23: Sports Topics in FY26 1Q
SPORTS スポーツ Topics in FY26 1Q Net sales 1,483 million yen YoY ▲22 million yen New Japan Pro-Wrestling ・Held summer tournaments such as G1 CLIMAX 35, but the number of participants decreased on the YoY. STARDOM ・Held summer tournaments such as 5★STAR GP 2025 and increased number of participants and r
Slide 24: Sports Future Outlook
SPORTS スポーツ Future Outlook In FY26 3Q, the Tokyo Dome Tournament was held on January 4, 2026, FY26 2Q featuring Hiroshi Tanahashi’s retirement match DREAM QUEENDOM 2025 and Aaron Wolf’s debut match. December 29, 2025 STARDOM DREAM QUEENDOM At “WRESTLE KINGDOM 20 in 東京ドーム 棚橋弘至引退”, which will be held
Slide 25: Progress against Consolidated Performance Forecasts for FY26
Progress against Consolidated Performance Forecasts for FY26 ©BUSHI 25
Slide 26: Progress against Consolidated Performance Forecasts for FY26
Progress against Consolidated Performance Forecasts for FY26 Performance Results (百万円 / million yen) forecasts Progress （1Q） （full-year） Net sales 13,766 56,000 24.6% Operating profit 1,668 4,500 37.1% Operating profit margin 12.1% 8.0% - Ordinary profit 1,932 4,600 42.0% Ordinary profit margin 14.0
Slide 27: Announcement of Numerous Developments, Including New IP "ZERO RISE"
Information Announcement of Numerous Developments Across Bushiroad Contents, Including Detailed Information on the New IP “ZERO RISE” On Monday, January 12, 2026, Bushiroad will hold the “Cardfight!! Vanguard 15th Anniversary Bushiroad New Year Presentation 2026” at Kanadevia Hall, Tokyo Dome City.
Slide 28: "Bushiroad EXPO 2026" to Be Held in Regions Worldwide
Information “Bushiroad EXPO 2026” to Be Held in 20 Regions Worldwide! — Expanding from Taipei, Bangkok, and Chicago to an Even Larger Global Scale — (Reference: Scenes from Bushiroad EXPO 2025) In 2026, Bushiroad will once again host “Bushiroad EXPO”, a global exhibition where fans around the world
Slide 29: Press Release
Press Release September 16, 2025 October 17, 2025 Notice: Regarding the Additional Acquisition of Shares Notice: Regarding the Additional Subscription of in YUHODO Inc. New Shares in SANZIGEN Inc. Bushiroad Inc. is pleased to announce that it has reached an agreement to Bushiroad Inc. is pleased to
Slide 30: Appendix
Bsusniroap Appendix
Slide 31: Differences in IP Utilization Across the Company's Major TCG Titles
Reference: Differences in IP Utilization Across the Company’s Major TCG Titles ＜IP Platform TCG＞ This Month Next Month The Month after Next ※1 Weiß Schwarz IP Detective Opera Milky Holmes Revue Starlight BanG Dream! (There is no work called Weiβ Schwarz.) Each product features a different IP, with c
Slide 32: IP Developer Strategy
IP Developer Strategy Intellectual Property IP has a wide meaning including works, characters, and others at Bushiroad Inc. "One-stop media mix" to swiftly implement various corporate activities within the Group that are essential for the creation and growth of IP. Then, "promotion" throughout the G
Slide 33: IP Developer Strategy ~ BanG Dream! Project ~
IP Developer Strategy ～ BanG Dream! Project ～ “BanG Dream!” is a next-generation girls band project where anime, games, comics and live performances all come together in a media mix. Among the many music-related anime contents, the project leads the way in a style where the character voice actors ac
Slide 34: Enhanced Strategies for Platforms Utilizing IPs
Enhanced Strategies for Platforms Utilizing IPs Bushiroad Inc. aims to further demonstrate its presence and realize monetization in the entertainment market by making use of “Creativity (Idea)” and “Capabilities for Promotion” built on our experience as an IP developer and reinforcing the position a
Slide 35: Disclaimer
Disclaimer This material has been prepared based on the information available to the Company at the time of its preparation. The Company offers no guarantee of its realization. Furthermore, please note that the materials includes financial information based on past financial statements or the like t