Kin-Ei Corp.
9636・Standard Market・Services
Cinema & Amusement Business
Entertainment business operating the only cinema complex and game centers in the Abeno/Tennoji area
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (Q1 cumulative) | ¥365 million | ¥364 million | — |
| Segment profit (Q1 cumulative) | ¥44 million | ¥37 million | ↑ |
| Theater revenue (Q1 cumulative) | ¥334 million | ¥324 million | ↑ |
| Amusement facility and other business revenue (Q1 cumulative) | ¥30 million | ¥39 million | ↓ |
| Segment sales (full year, prior year results) | ¥1,712 million | ― | — |
| Segment operating profit (full year, prior year results) | ¥225 million | ― | — |
Business Details
This business operates the movie theater business and related operations of "Abeno Apollo Cinema" (9 screens) located in Abeno-ku, Osaka City, along with the management of two game centers on the 3rd and 4th floors of Apollo. Under the Kintetsu Group umbrella, the segment's source of competitive advantage lies in the synergistic effect on customer traffic generated through collaboration with surrounding large-scale commercial facilities such as "Abeno Harukas," "Abeno Q's Mall," and "Tennoji MIO." For Q1 of FY2027 (ending January 2027) (February to April 2026), segment sales were ¥365 million and segment profit was ¥44 million.
Recent Overview
Theater revenue increased 3.2% year on year, and segment profit improved 19.0% year on year
In Q1 of FY2027 (ending January 2027) (February to April 2026), theater revenue increased to ¥334 million (up 3.2% year on year), driven by the screening of popular titles such as "Detective Conan: The Million-dollar Pentagram" (Note: title referenced generically as "Detective Conan" film), "Doraemon: Nobita's New Great Adventure into the Underworld," and "Kyoujo: Requiem." Segment profit, after deducting operating costs, improved significantly to ¥44 million (up 19.0% year on year). On the other hand, revenue from amusement facilities and other businesses continued its declining trend, coming in at ¥30 million (versus ¥39 million in the same period of the prior year).
Key Products
Growth Drivers
- Increase in theater attendance driven by concentrated screening of popular and major hit titles (Q1 theater revenue up 3.2% year on year)
- Strengthened customer attraction through joint tie-up events with surrounding large-scale commercial facilities such as Abeno Harukas, Abeno Q's Mall, and Tennoji MIO
- Acquisition of repeat customers through active promotion of the "Apollo Cinema Members" movie membership program and the online ticket reservation system
- Improvement of the viewing environment and customer satisfaction through capital investment in screen air conditioning renewal, seat renovation, and LED lighting conversion
Risks
- Full-year forecast for FY2027 (ending January 2027) projects sales down 3.5% and operating profit down 23.7%, making it unclear whether the strong Q1 performance will be sustained for the full year
- Movie theater box office revenue is highly dependent on the film lineup (box office performance of individual titles), resulting in high revenue uncertainty
- Revenue from amusement facilities and other businesses declined significantly by approximately 23% year on year in Q1, with the game center business's revenue contribution on a downward trend
- While the segment benefits from the locational advantage of being the only movie theater in the Abeno/Tennoji area, there is a risk of demand substitution due to competition from theaters outside the area and the spread of video streaming services
- Continued recording of losses on retirement of fixed assets (¥10 million in Q1), resulting in an ongoing cost burden associated with equipment renewal
Last updated: April 20, 2026