The data used within this site is compiled from the corporate prospectus and earnings announcements. In the preparation of the various data shown within this site, we make every effort to ensure its accuracy. But despite our best efforts, the possibility for inaccuracy in the data due to reasons beyond our control exists. For more detailed earnings information please click on the "IR library" link button.
Moreover, revisions to the earnings data and other changes may not be immediately reflected within this site.



2Q FY3/19 Financials and Earnings Summary (Consolidated)

Based on Financial Filings Submitted on November 13, 2018

1. Operating Results

(Highlights of First Six Months of the Fiscal Year Ending March 31, 2019)

･Net sales were ¥89,125 million (up 1.3% year on year), which not only posted year-on-year growth, but also nearly hit a record high. The drivers behind this were brisk sales of toys in the Japanese market, including both long-standing products and new products, and other increases such as overseas-bound exports of BEYBLADE BURST.
･Operating profit, ordinary profit and profit attributable to owners of parent all posted record highs.
Operating profit was ¥7,072 million (up 7.6% year on year). This was attributable to the growth in gross profit due to an increase in net sales.
Ordinary profit was ¥7,343 million (up 14.4% year on year). This was attributable to the increase in foreign exchange gains in addition to the growth in operating profit.
Profit attributable to owners of parent was ¥4,951 million (up 17.2% year on year). The growth was driven by the increase in ordinary profit.
･In the Japanese market, the long-standing PLARAIL brand saw strong sales of products related to SHINKALION, a TV animation series. In the LICCA doll brand, dolls and dollhouse products both also sold well. The trading card game DUEL MASTERS also gained popularity due to positive effects from enhancement of its product appeal. Moreover, L.O.L. SURPRISE! launched in the summer have been well received.
･In the TOMY International Group, agricultural machinery toys sold briskly, and we began development of Printoss (overseas product name: KiiPix), which originated in Japan. On the other hand, sales of character-related toys declined, resulting in lower net sales.

Overview of Reportable Segments

<Overview of operating results by segment>

(Millions of yen)

First six months of the fiscal year ended March 31, 2018

First six months of the fiscal year ending March 31, 2019

 Change Rate of change (%)
Net sales 87,975 89,125 1,150 1.3
Japan 73,799 74,616 817 1.1
Americas 12,273 9,735 (2,538) (20.7)
Europe 3,704 2,857 (847) (22.9)
Oceania 1,154 957 (197) (17.1)
Asia (excl. Japan) 30,887 29,709 (1,177) (3.8)
Eliminations and corporate (33,845) (28,751) 5,093 –
Operating profit (loss) 6,572 7,072 500 7.6
Japan 6,642 8,119 1,477 22.2
Americas 132 (31) (163) –
Europe (45) (321) (275) –
Oceania 25 25 (0) (0.4)
Asia (excl. Japan) 806 523 (282) (35.1)
Eliminations and corporate (988) (1,244) (255) –

Japan

(Millions of yen)

First six months of the fiscal year

ended March 31, 2018		 First six months of the fiscal year ending March 31, 2019 Change
Net sales 73,799 74,616 817
Operating profit 6,642 8,119 1,477

Net sales in Japan for the first six months of the fiscal year were ¥74,616 million (up 1.1% year on year), while operating profit was ¥8,119 million (up 22.2% year on year).
In Japan, with respect to long-standing products, the PLARAIL range, products related to SHINKALION, a TV animation series on the air since January, sold briskly. Meanwhile, in the LICCA doll brand, which celebrated its 50th anniversary in the previous year, dolls and dollhouse products continued to be well received in the current year in the wake of the anniversary events.
The trading card game DUEL MASTERS gained popularity due to the effects of a review of card contents and other efforts to enhance product appeal. Furthermore, the next-generation spinning-top battle toy BEYBLADE BURST gained popularity overseas and its exports from Japan grew significantly.
In new products, there was growth in sales of products for girls, such as the photogenic surprise doll L.O.L. SURPRISE!, cumulative shipments of which have surpassed 1 million units in Japan, confirming its status as a hit product primarily among elementary schoolgirls.
We have also taken a proactive approach to developing in-house content and to sales of related products, such as the second live action series aimed at girls, Magical x Heroine MagimajoPures!, which has been running since April, and a TV program aimed at boys, the real moving kit toy ZOIDS WILD, which has a dinosaur and animal theme, and began broadcasting in July.
At T-ARTS Company, Ltd., the amusement machine Pokémon Ga-Olé continued to be well received and shipments of OEM products expanded.
Also, because the TRANSFORMERS movie that had been initially scheduled for release during the summer has now been rescheduled to December 2018, there was a decline in overseas-bound exports of related products.
For the reason described above, net sales increased. Meanwhile, operating profit also increased significantly.

Americas

(Millions of yen)

First six months of the fiscal year

ended March 31, 2018		 First six months of the fiscal year ending March 31, 2019 Change
Net sales 12,273 9,735 (2,538)
Operating profit/(loss) 132 (31) (163)

Net sales in the Americas were ¥9,735 million (down 20.7% year on year), while operating loss was ¥31 million, compared with an operating profit of ¥132 million in the same period a year earlier. The decline in net sales was due to lower sales of character-related toys. We are working on initiatives to strengthen core brands, through such measures as developing new products. In addition to brisk sales of agricultural machinery toys, we launched Printoss (overseas product name: KiiPix), a product that was developed in Japan to allow the easy printing of smartphone photos, and which has since become popular.

Europe

(Millions of yen)

First six months of the fiscal year

ended March 31, 2018		 First six months of the fiscal year ending March 31, 2019 Change
Net sales 3,704 2,857 (847)
Operating loss (45) (321) (275)

Net sales in Europe were ¥2,857 million (down 22.9% year on year), while operating loss was ¥321 million, compared with an operating loss of ¥45 million in the same period a year earlier. The decline in net sales was due to lower sales of character-related toys. The operating loss was attributable to declines in gross profit following discounted sales of certain products. Agricultural machinery toys recorded strong sales. In addition, we rolled out the Printoss (overseas product name: KiiPix) in seven countries, including the UK, France and Germany.

Oceania

(Millions of yen)

First six months of the fiscal year

ended March 31, 2018		 First six months of the fiscal year ending March 31, 2019 Change
Net sales 1,154 957 (197)
Operating profit 25 25 (0)

Net sales in Oceania were ¥957 million (down 17.1% year on year), while operating profit was ¥25 million (down 0.4% year on year). These results reflected a decrease in sales of character-related toys, despite robust sales of agricultural machinery toys and baby products as well as the start of sales of Printoss (overseas product name: KiiPix).

Asia (excl. Japan)

(Millions of yen)

First six months of the fiscal year

ended March 31, 2018		 First six months of the fiscal year ending March 31, 2019 Change
Net sales 30,887 29,709 (1,177)
Operating profit 806 523 (282)

Net sales in Asia (excl. Japan) were ¥29,709 million (down 3.8% year on year), while operating profit was ¥523 million (down 35.1% year on year). Manufacturing subsidiary TOMY (Hong Kong) Ltd. saw a decline in shipments to Europe and North America, which was one of the main factors leading to the declines in net sales and operating profit. The next-generation spinning-top battle toy BEYBLADE BURST animated TV series is being broadcast in South Korea, Hong Kong, Taiwan, and other countries and regions, and our marketing strategy of holding major events in support of this has been effective, leading to a strong reception for this product line. With regard to the TOMICA brand, which has expanded throughout the Asian region, efforts to strengthen marketing led to stronger sales. Furthermore, as well as launching ZOIDS WILD toys in South Korea in August, we also began sales of products related to the LICCA doll brand in China in September. In addition, we are developing in-house contents in Asia, and since March, we have gradually rolled out broadcasts of the Idol x Warrior MiracleTunes!, a live action series aimed at girls in South Korea, China and Thailand, and the TOMICA HYPER RESCUE DRIVE HEAD TV animation series, in South Korea, Hong Kong, Taiwan and Thailand.

page top

Segment Information

First six months of the fiscal year ended March 31, 2018 (April 1, 2017 to September 30, 2017)
1. Information regarding net sales and profit or loss by reportable segment

(Millions of yen)

  Japan Americas Europe Oceania Asia
(excl. Japan)		 Total
Net sales
  External customers
  Inter-segment sales
  and transfers
65,514
8,285
12,236
37
3,700
4
1,154
-
5,368
25,518
87,975
33,845
Total 73,799 12,273 3,704 1,154 30,887 121,820
Segment profit (loss) 6,642 132 (45) 25 806 7,560

2. Differences between the total amount of profit or loss in reportable segments and the amount recorded on the quarterly consolidated statement of income and details thereof

(Reconciliation)

(Millions of yen)

Profit Amount
Reportable segments total
Inter-segment eliminations
Corporate expenses (Note) 		7,560
378
(1,367)
Operating profit on the quarterly consolidated statement of income 6,572
(Note)   Corporate expenses primarily comprise selling, general and administrative expenses not allocable to reportable segments.

3. Regional information

(Millions of yen)

  Japan North America Other Total
  U.S.
Net sales 53,407 17,266 16,161 17,301 87,975
(Note)   Net sales are categorized into a country or region based on the customer's location.

First six months of the fiscal year ending March 31, 2019 (April 1, 2018 to September 30, 2018)
1. Information regarding net sales and profit or loss by reportable segment

(Millions of yen)

  Japan Americas Europe Oceania Asia
(excl. Japan)		 Total
Net sales
  External customers
  Inter-segment sales
  and transfers
68,764
5,852
9,685
50
2,838
19
920
37
6,917
22,792
89,125
28,751
Total 74,616 9,735 2,857 957 29,709 117,877
Segment profit (loss) 8,119 (31) (321) 25 523 8,316

 

2. Differences between the total amount of profit or loss in reportable segments and the amount recorded on the quarterly consolidated statement of income and details thereof

(Reconciliation)

(Millions of yen)

Profit Amount
Reportable segments total
Inter-segment eliminations
Corporate expenses (Note) 		8,316
183
(1,427)
Operating profit on the quarterly consolidated statement of income 7,072
(Note)   Corporate expenses primarily comprise selling, general and administrative expenses not allocable to reportable segments.

3. Regional information

(Millions of yen)

  Japan North America Other Total
  U.S.
Net sales 56,161 16,794 15,542 16,168 89,125
(Note)    Net sales are categorized into a country or region based on the customer's location.

2. Financial Position

Explanation on Financial Position

Assets, Liabilities and Net Assets

<Assets>

At the end of the second quarter of the fiscal year ending March 31, 2019, current assets stood at ¥99,065 million, up ¥11,035 million from the end of the previous fiscal year ended March 31, 2018. This is mainly attributable to increases in notes and accounts receivable - trade and merchandise and finished goods.
Non-current assets stood at ¥52,468 million, up ¥1,056 million from the end of the previous fiscal year. This is mainly attributable to an increase in intangible assets, despite a decrease in investments and other assets.

<Liabilities>

At the end of the second quarter, current liabilities stood at ¥57,980 million, up ¥4,642 million from the end of the previous fiscal year. This is mainly attributable to increases in notes and accounts payable - trade and income taxes payable, despite a decrease in accrued expenses.
Non-current liabilities stood at ¥28,788 million, down ¥1,007 million from the end of the previous fiscal year. This is mainly attributable to a decrease in long-term loans payable, despite an increase in lease obligations.

<Net assets>
At the end of the second quarter, total net assets were ¥64,771 million, up ¥8,449 million from the end of the previous fiscal year. This is mainly attributable to increases in retained earnings and foreign currency translation adjustment.

Cash flows

Cash and cash equivalents (hereafter “cash”) at the end of the second quarter of the fiscal year ending March 31, 2019 was ¥46,003 million, a decrease of ¥202 million compared with the end of the previous fiscal year ended March 31, 2018.

 

Net cash provided by operating activities was ¥4,008 million, compared with ¥2,857 million used in the same period a year earlier. The main factors are profit before income taxes of ¥7,422 million and an increase in notes and accounts payable - trade of ¥3,816 million, despite an increase in notes and accounts receivable - trade of ¥5,451 million and an increase in inventories of ¥2,061 million.

 

Net cash used in investing activities was ¥2,494 million, compared with ¥2,045 million used in the same period a year earlier. The main factors are purchase of property, plant and equipment of ¥1,960 million and purchase of intangible assets of ¥660 million.

 

Net cash used in financing activities was ¥2,149 million, compared with ¥14,108 million used in the same period a year earlier. The main factors are repayments of finance lease obligations of ¥1,606 million and repayments of long-term loans payable of ¥1,531 million, despite net increase in short-term loans payable of ¥609 million and proceeds from disposal of treasury shares of ¥526 million.

 

page top