Tokyotokeiba (9672) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended June 30, 2026, rose 2.7% year-over-year to ¥19,824 million, with operating profit up 3.9% to ¥7,357 million and profit attributable to owners of parent up 2.4% to ¥4,940 million.

• Growth was driven by robust local horse racing trends and increased online betting sales, while the amusement park business saw a decline in sales and segment loss.

• The company maintained a strong financial position, with total assets of ¥126,182 million and an equity ratio of 77.8% as of June 30, 2026.

Financial highlights

• Net sales: ¥19,824 million (up 2.7% year-over-year).

• Operating profit: ¥7,357 million (up 3.9% year-over-year).

• Ordinary profit: ¥7,400 million (up 4.6% year-over-year).

• Profit attributable to owners of parent: ¥4,940 million (up 2.4% year-over-year).

• Basic EPS: ¥189.76 (up from ¥180.79 year-over-year).

• Comprehensive income: ¥5,313 million (up 9.1% year-over-year).

Outlook and guidance

• Full-year forecast for 2026: Net sales ¥42,597 million (up 2.0%), operating profit ¥15,827 million (up 2.7%), profit attributable to owners of parent ¥10,792 million (up 3.2%), basic EPS ¥415.34.

• No revisions to previously announced forecasts.

• Annual dividend forecast raised to ¥146.00 per share.