Ig Port reports significant revenue and profit decline in Q1

Ig Port announced its consolidated financial results for the first quarter of the fiscal year ending May 2026, reporting a substantial decrease in revenue and profits compared to the previous year. For the period from June 1 to August 31, 2025, the company recorded consolidated net sales of JPY 3,063,750 thousand, a 31.6% decrease from the prior year's first quarter. Operating profit fell by 55.8% to JPY 196,000 thousand, while ordinary profit saw a 52.2% decline to JPY 211,000 thousand. Net profit attributable to owners of the parent decreased by 13.8% to JPY 199,359 thousand.

The decline was driven by reduced performance across several segments. The licensing business experienced a 75.7% decrease in net sales, primarily due to exceptional revenue generated in the prior year from "Kimi ni Todoke 3RD SEASON" and "HAikyu!! The Dumpster Battle." The publishing business also saw a 5.4% drop in net sales. Despite an increase in net sales for the video production business (up 7.1%), the segment reported an operating loss of JPY 136,609 thousand, influenced by increased production costs and provisions for order losses.

Despite the quarterly downturn, Ig Port’s full-year consolidated earnings forecast for the fiscal year ending May 2026 remains unchanged from the announcement on July 11, 2025. Total assets increased to JPY 13,641,013 thousand, mainly due to a rise in cash and deposits, partially offset by a decrease in accounts receivable and contract assets.