Shochiku (Kabuki-za, Kabuki-za Tower)

Retail & mixed-use property · 9601

The Japan read

From the company's own filing for Q1 (Mar–May 2026) · reported 2026-07-14 · the filing

StoresIts rental properties include Kabuki-za Tower and Ginza Shochiku Square, the Ginza 2-chome Shochiku buildings, the Togeki Building and Yurakucho Center Building (Yurakucho Marion). Real-estate revenue slipped 1.4% to ¥3.61bn and profit 2.9% to ¥1.39bn; the company says occupancy stayed high.
JapanTheatre revenue jumped 42.0% to ¥8.52bn and profit to ¥1.35bn from ¥74m, with theatre-operation revenue up 66.4% to ¥6.49bn. The company cites strong houses for Kabuki-za's March, April and May programmes, at Shinbashi Enbujo and for Osaka Shochikuza's farewell runs.
StoresAround Kabuki-za it runs Higashi-Ginza area-management events, this quarter including the area's first projection mapping on Kobikicho-dori; in Ofuna, Kamakura, its shop-and-home complex kuguru opened.

Other callouts in the filing

One-offThe net loss stems from a ¥2.34bn impairment on a theatre facility and rental property in Osaka city, booked after it decided to start demolition. The company reports Osaka Shochikuza closed after its May farewell kabuki run.
SegmentFilm and video revenue edged up 1.1% to ¥11.59bn but segment profit fell 96.0% to ¥16m; at its cinemas, Detective Conan passed ¥10bn at the box office.
OutlookFull-year guidance is unchanged: revenue of ¥100.0bn (+1.8%), operating profit of ¥3.7bn (−40.1%) and net income of ¥2.2bn (−58.0%).

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

Q1 (Mar–May 2026) · Year-to-Date

Reported 2026-07-14

Net sales¥24.1bn+11.5%

Operating profit¥1.7bn+58.5%

Net income−¥0.3bn—

Shochiku stages kabuki at Kabuki-za in Tokyo's Higashi-Ginza and other theatres, distributes and screens films, and leases property including Kabuki-za Tower. In March–May 2026 revenue rose 11.5% to ¥24.1bn and operating profit 58.5% to ¥1.73bn, but a ¥2.34bn impairment in Osaka left a ¥0.28bn net loss against a ¥1.51bn profit a year earlier.