Corporate Events

TOKYOTOKEIBA Co. Ltd. resolved to make an investment in the redevelopment of Oi Racecourse. In alignment with the announcement titled “Promotion of the Redevelopment of Oi Racecourse” released on January 17, 2025, the Company has decided to move forward with the investments it has been considering to realize the following initiatives: (1) the establishment of a new training center for the development of stronger racehorses outside the racecourse and the relocation of stable functions and facilities approaching renewal phases; and (2) the establishment of new facilities that are essential within the racecourse following the relocation of some functions, such as training facilities and stables, to outside Oi Racecourse as well as the renovation of existing buildings and facilities. Ichihara Training Center (tentative). Ichihara City, Chiba Prefecture. Training course: 1,600-meter track 1,450-meter track. Uphill course: Total length 1,000 meters (Timed section 800 meters). Stables: Fixed-term lease, total 1,200 stalls, etc. Oi Racecourse. Shinagawa-ku, Tokyo. Receiving barn, parking area for horse vans, etc. (Developing facilities for hosting horse races that support ship-in racing following the establishment of a new training center). Parking garage, entrance, etc. (Developing facilities in the fan area to enhance the appeal of the racecourse). Renovation of aging facilities. Development costs Approximately JPY 160 billion (rough estimate). The acquisition will be funded through a combination of internal funds and borrowings, etc. Start of Construction 2028 (planned) 2027 (planned). Construction Completion 2033 (planned).

Tokyotokeiba Co.,Ltd. announced a dividend of JPY 60.00 per share for the second quarter-end of the fiscal year ending December 31, 2026 against JPY 45.00 per share a year ago. Scheduled date to commence dividend payments: September 1, 2026. For the year-end of the fiscal year ending December 31, 2026, the company expects to pay a dividend of JPY 86.00 per share against JPY 73.00 per share a year ago.

Tokyotokeiba Co.,Ltd. reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported sales was JPY 9,366.29 million compared to JPY 9,264.76 million a year ago. Net income was JPY 2,144.14 million compared to JPY 2,270.97 million a year ago. Basic earnings per share from continuing operations was JPY 82.35 compared to JPY 85.09 a year ago.

Tokyotokeiba Co.,Ltd. announced that they will report Q2, 2026 results on Aug 07, 2026

Tokyotokeiba Co.,Ltd. announced that they will report Q1, 2026 results on May 15, 2026

Tokyotokeiba Co.,Ltd., ¥ 60.0, Cash Dividend, Jun-29-2026

Tokyotokeiba Co.,Ltd. expected to report First-Half, 2026 results on July 31, 2026. This event was calculated by S&P Global (Created on April 1, 2026).

Tokyotokeiba Co.,Ltd., Board Meeting, Mar 26, 2026. Agenda: To consider to dispose of its treasury shares (hereinafter the "Disposal of Treasury Shares" or "Disposal").

Tokyotokeiba Co.,Ltd. reported earnings results for the full year ended December 31, 2025. For the full year, the company reported sales was JPY 41,758.75 million. Net income was JPY 10,461.65 million. Basic earnings per share from continuing operations was JPY 392.22.

Tokyotokeiba Co.,Ltd., Annual General Meeting, Mar 26, 2026.

Tokyotokeiba Co.,Ltd. expected to report Q1 2026 results on April 28, 2026. This event was calculated by S&P Global (Created on February 16, 2026).

Tokyotokeiba Co.,Ltd. announced dividend for the full year ended December 31, 2025 of ¥73.00 per share against ¥68.00 per share a year ago. Scheduled date to commence dividend payments on March 27, 2026. The company announced at a meeting of the Board of Directors held on February 13, 2026, resolved to pay dividends of surplus with a record date of December 31, 2025. The proposal will be submitted at the 101st Annual General Meeting of Shareholders scheduled for March 26, 2026. The company provided dividend guidance for the second quarter 2026 and year ending December 31, 2026. For the second quarter 2026, the company plans to pay dividend of ¥60.00 per share against ¥45.00 per share a year ago. For the year 2026, the company plans to pay dividend of ¥60.00 per share against ¥86.00 per share a year ago.

Tokyotokeiba Co.,Ltd. provided consolidated earnings guidance for the first half of 2026 and full year ending December 31, 2026. For the first half, the company expects net sales to be JPY 19,708 million, operating profit to be JPY 6,843 million, profit attributable to owners of parent to be JPY 4,579 million or basic earnings per share to be JPY 176.25. For the year, the company expects net sales to be JPY 42,597 million, operating profit to be JPY 15,827 million, profit attributable to owners of parent to be JPY 10,792 million or basic earnings per share to be JPY 415.34.

Tokyotokeiba Co.,Ltd. announced at a meeting of the Board of Directors held on February 13, 2026, it has tentatively decided on the change in the representative director. The company announced the retirement of Mitsuchika Tarao as CEO. This is due to the decision on the new executive management structure effective April 2026. The change will be formally decided following the 101st Annual General Meeting of Shareholders scheduled for March 26, 2026, and the subsequent meeting of the Board of Directors.

Tokyotokeiba Co.,Ltd. announced at a meeting of the Board of Directors held on February 13, 2026, it has tentatively decided on the change in the representative director. The company announced the retirement of Mitsuchika Tarao as President (Representative Director). This is due to the decision on the new executive management structure effective April 2026. The change will be formally decided following the 101st Annual General Meeting of Shareholders scheduled for March 26, 2026, and the subsequent meeting of the Board of Directors.

Tokyotokeiba Co.,Ltd., Board Meeting, Feb 13, 2026. Agenda: To consider the change in the representative director.

Tokyotokeiba Co.,Ltd. reported earnings results for the nine months ended September 30, 2025. For the nine months, the company reported sales was JPY 31,181.14 million compared to JPY 30,216.54 million a year ago. Net income was JPY 7,853.88 million compared to JPY 7,594.57 million a year ago. Basic earnings per share from continuing operations was JPY 294.25 compared to JPY 280.64 a year ago.

Tokyotokeiba Co.,Ltd. at a meeting of the Board of Directors held on December 19, 2025 resolved on the dividend policy for the period of five years from the fiscal year ending December 31, 2026 to the fiscal year ending December 31, 2030, which is covered by the Medium-Term Management Plan 2030. Reason for change: Recognizing that the return of profits to shareholders is an important management issue, the Company has continued to distribute stable dividends as a rule by comprehensively considering its financial condition, earnings performance, payout ratio, and other factors while also taking into account securing internal reserves necessary to develop its business and strengthen its management foundation in the future. For the period of five years from fiscal 2026 to 2030, which is covered by the newly formulated Medium-Term Management Plan 2030, the Company recognizes that the maximization of shareholder value is one of the important management issues and strives to improve shareholder returns by increasing earnings per share through sustainable growth. To this end, it has decided to change the dividend policy as described below. Details of change: Before change: The Company engages in the leasing of the Oi Racecourse and Isesaki Auto Racetrack to local public bodies, which is the business of an extremely public nature, and therefore, it has a basic policy of striving to secure a long-term stable management foundation and continue to distribute stable dividends. Its basic policy is to distribute dividends of surplus twice a year in the form of interim and year-end dividends, and the bodies that decide on these dividends of surplus are the annual general meeting of shareholders for the year-end dividends and the meeting of the Board of Directors for the interim dividends. During the third medium-term management plan period, the Company sets the consolidated payout ratio at 30% as a standard and the lower limit of the annual dividend at 90 yen per share. However, in a fiscal year when net profit for the current period attributable to owners of parent widely fluctuates due to changes in the external environment or other factors, the amount of dividend will be decided by considering the effects of such fluctuation. After change: The Company engages in the leasing of the Oi Racecourse and Isesaki Auto Racetrack to local public bodies, which is the business of an extremely public nature, and therefore, it has a basic policy of striving to secure a long-term stable management foundation and continue to distribute stable dividends. Its basic policy is to distribute dividends of surplus twice a year in the form of interim and year-end dividends, and the bodies that decide on these dividends of surplus are the annual general meeting of shareholders for the year-end dividends and the meeting of the Board of Directors for the interim dividends. During the Medium-Term Management Plan 2030 period, the Company sets the consolidated payout ratio at 35% as a standard and the annual dividend at JPY 137 per share as a guide. However, in a fiscal year when net profit for the current period attributable to owners of parent widely fluctuates due to changes in the external environment or other factors, the amount of dividend will be decided by considering the effects of such fluctuation. Applicable period: The dividend policy after change will be applicable for five years from the fiscal year ending December 31, 2026 to the fiscal year ending December 31, 2030.

Tokyotokeiba Co.,Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026

From December 19, 2025 to December 22, 2025, the company has repurchased 653,400 shares, representing 2.45% for ¥3,848.53 million. With this, the company has completed the repurchase of 653,400 shares, representing 2.45% for ¥3,848.53 million under the buyback announced on December 19, 2025.

The company closed its plan on December 22, 2025.

Tokyotokeiba Co.,Ltd. (TSE:9672) announces a share repurchase program. Under the program, the company will repurchase up to 680,000 shares, representing 2.55% of its issued share capital (excluding treasury stock), for a total purchase price of ¥4,100 million. The shares will be repurchased at a price of ¥5,890 per share. The purpose of the program is flexible execution of capital policy and the improvement of capital efficiency, and cancel treasury shares to enhance shareholder value. As of September 30, 2025, the company has 26,691,009 issued shares (excluding treasury stock) and 2,073,845 treasury shares.

The Board of Directors of Tokyotokeiba Co.,Ltd. has authorized a buyback plan on December 19, 2025.

TOKYOTOKEIBA Co. Ltd. hereby announces that Koji Sato, Outside Director (Independent Officer), passed away on December 14, 2025, and accordingly ceased to serve as a Director of the Company on the same date. Even after his retirement, the number of directors of the Company remains in compliance with the requirements stipulated by laws and the Articles of Incorporation.

Tokyotokeiba Co.,Ltd., Board Meeting, Dec 19, 2025. Agenda: To consider the Notice Concerning Acquisition of Treasury Shares, Repurchase of Treasury Shares Through ToSTNeT-3, and Cancellation of Treasury Shares.

Tokyotokeiba Co.,Ltd. revised year end dividend for the year ending December 31, 2025. The company expects to pay year end dividend of JPY 69.00 per share for the year ending December 31, 2025 compared to previous guidance of JPY 65.00 per share. Reasons for the Revision of the Dividend Forecast: The company's dividend policy is to provide dividends with the lower limit being JPY 90 per share for the annual dividend based on a payout ratio of 30% for the three-years period spanning from the fiscal year ended December 31, 2023 to the end of the fiscal year ending December 31, 2025. Given that a revision of the financial results forecast has been undertaken as outlined in section one in the above, the year-end dividend forecast figure for the fiscal year ending December 31, 2025 has been revised to JPY 69 per share, an increase of JPY 4 per share from the previously announced forecast.

Tokyotokeiba Co.,Ltd. revised consolidated earnings guidance for the year ending December 31, 2025. For the year, the company now expects net sales of JPY 41,605 million compared to previous guidance of JPY 41,293 million, operating profit of JPY 15,004 million compared to previous guidance of JPY 14,132 million and profit attributable to owners of parent of JPY 10,148 million or basic earnings per share to be JPY 380.20 compared to previous guidance of JPY 9,861 million or basic earnings per share of JPY 365.67. Reasons for the Revision: With respect to net sales, steady progress was seen in terms of sales for the online betting services of SPAT4 (the Four Minami-Kanto Racecourses Home Betting System), with results expected to surpass the previous forecast. With respect to each type of profit, figures are expected to surpass the figures in the previous forecasts due to factors such as the curbing of various costs in addition to the aforementioned increase in income.

Tokyotokeiba Co.,Ltd., Board Meeting, Nov 13, 2025. Agenda: To Notice Concerning a Change (Enhancement) to a Portion of the Shareholder Benefit Program.

Tokyotokeiba Co.,Ltd. expected to report Fiscal Year 2025 results on February 13, 2026. This event was calculated by S&P Global (Created on November 13, 2025).