Condition by segment (FY2025)
Live Entertainment Business
Due to factors such as the large-scale music live tour and strong sales of related concert merchandise, both operating revenue and segment profit increased compared to the previous period, reflecting a revenue and profit growth of 1,775 million yen and 2,353 million yen, respectively.

SOUTHERN ALL STARS LIVE TOUR 2025 "THANK YOU SO MUCH!!"
Main businesses
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Revenue from live events
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Concerts
- Concerts of SOUTHERN ALL STARS, Masaharu Fukuyama, Gen Hoshino, IVE, Perfume, D-LITE, BABYMETAL, PORNOGRAFFITTI, SEKAI NO OWARI, BEGIN, etc.
Stage and public performances
- "Twilight Ristorante - Revenge After the Last Order-" by Atami Goro Ichiza, The Broadway musical "Kinky Boots," Korean Musical "Capone Milk," etc.
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Revenue from sales of merchandise
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Concert merchandise of SOUTHERN ALL STARS, Gen Hoshino, Masaharu Fukuyama, Perfume, PORNOGRAFFITTI, etc.
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Revenue from membership fee
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SOUTHERN ALL STARS, Masaharu Fukuyama, Gen Hoshino, IVE, Perfume, PORNOGRAFFITTI, etc.
Music & Film/TV Business
Operating revenue decreased by 1,122 million yen compared to the previous year due to the exclusion of A-Sketch INC. from consolidated financial statements. However, segment profit increased by 399 million yen, driven by strong performance in program production and film distribution revenues.

Gen Hoshino's album "Gen"
The film "KOKUHO," starring Ryo Yoshizawa
Main businesses
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Revenue from royalties (new releases and catalog music)
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SOUTHERN ALL STARS, Gen Hoshino, Perfume, PORNOGRAFFITTI, ONE OK ROCK, , Masaharu Fukuyama, BEGIN etc.
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Revenue from record label business
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BABYMETAL's album "METAL FORTH" and Blu-ray & DVD "BABYMETAL - LIVE AT THE O2 ARENA," etc.
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Revenue from production service
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Production of films and dramas, production and contracted production of regular and non-series programs, etc.
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Revenue from film production and distribution
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Streaming live events, including in theaters, etc.
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Revenue from video sales
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Revenue from distribution of past titles, etc.
Booking (Film/TV/Live stage etc.) & Commercials Business
Due to strong performance in large-scale commercial contracts and other factors, both operating revenue and segment profit increased compared to the previous year, growing by operating revenue of 817 million yen and segment profit of 572 million yen.
