U-NEXT HOLDINGS Hits Record 469.9 Billion Yen Sales, Profit Falls 4.2%

U-NEXT HOLDINGS announced on October 14 its consolidated financial results for the fiscal year ending August 2026. Net sales reached 469.957 billion yen, up 20.4% year on year, marking a record high for the eighth consecutive fiscal year.

Operating profit fell 4.2% to 30.255 billion yen. Ordinary profit declined 8.8% to 28.169 billion yen, while net profit dropped 18.7% to 14.959 billion yen.

The content distribution business recorded sales of 144.46 billion yen, up 12.5%, and operating profit of 11.276 billion yen, up 16.9%. Paid subscribers reached 5.4 million as of the end of August 2026, an increase of 450,000 from the previous fiscal year-end.

Recurring revenue rose 23% year on year to 390.2 billion yen, accounting for 83% of consolidated net sales.

For the fiscal year ending August 2027, the company forecasts net sales of 524 billion yen, up 11.5%, and operating profit of 325 billion yen, up 7.4%.

In April 2026, U-NEXT HOLDINGS established the anime production company StudioMonowa through a joint investment with South Korea's CJ ENM and TBS Holdings. In June 2026, it made anime production company GoHands a wholly owned subsidiary, and in August 2026 signed a comprehensive strategic partnership with NBCUniversal in Japan.

Forecast

For the fiscal year ending August 2027, the company forecasts net sales of 524 billion yen, up 11.5%, and operating profit of 325 billion yen, up 7.4%.