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Japanese entertainment giant Avex Inc. has published its financial results for the company\u2019s latest full fiscal year ended March 31, 2026.<\/strong><\/p>\n Avex Inc.\u2019s Music Business segment, which includes Avex Music Group, generated approximately $810 million<\/strong> in revenues in the 12 months ended March 31, 2026, increasing 6.8% YoY.<\/strong><\/span><\/p>\n The segment also swung to an operating profit of approximately $23 million<\/strong> from a loss of approximately $8 million in the prior fiscal year (ended March 31, 2025).<\/p>\n Avex, often referred to as Japan\u2019s fourth major<\/a>, was founded in 1988<\/strong> and is headquartered in Tokyo<\/strong>.<\/p>\n Live entertainment was the primary growth driver in the latest fiscal year, with live-related revenue increasing 17.4%<\/strong> YoY<\/strong><\/span> to approximately $354 million<\/strong>, supported by arena-scale touring activity and expanding international fan engagement.<\/p>\n XG<\/strong>, one of Avex<\/strong>\u2018s flagship global acts, completed its first world tour across 35<\/strong> cities with total attendance exceeding 400,000<\/strong> fans, concluding with a performance at Tokyo Dome<\/strong>.<\/p>\n The group said it reached approximately 5.91 million<\/strong> monthly Spotify<\/a><\/strong> listeners, with approximately 80%<\/strong> of listeners located outside of Japan<\/strong>, according to the company.<\/p>\n XG<\/strong>\u2018s first full album also ranked within the Billboard<\/a> 200.<\/p>\n Digital music distribution revenue increased 12.5% YoY<\/strong>\u00a0<\/span>to approximately $103 million<\/strong>.<\/p>\n The results, announced on Friday (May 15<\/strong>), also showed the parent company, Tokyo-listed Avex Inc.<\/strong>, posted total revenues of approximately $971 million<\/strong>, an increase of 11.3%<\/strong> YoY<\/strong><\/span> and what the company says is its highest revenue haul since the COVID-19 pandemic.<\/p>\n Group operating profit improved to approximately $27 million<\/strong> from a loss of approximately $12 million<\/strong> in the prior fiscal year.<\/p>\n Katsumi Kuroiwa<\/strong>, CEO of\u00a0Avex Inc<\/strong>, said: \u201cOur FY2025 results reflect meaningful progress as we continue transforming Avex into a more globally integrated entertainment and intellectual property company.\u201d<\/p>\n \u201cWe are seeing strong momentum across recorded music, publishing, live entertainment, anime, and international rights management while continuing to strengthen the long-term earnings profile of the company.<\/p>\n \u201cOur strategy remains focused on building world-class artists, creators, and intellectual property with a long-term global perspective.\u201d<\/p>\n \u201cWe are seeing strong momentum across recorded music, publishing, live entertainment, anime, and international rights management while continuing to strengthen the long-term earnings profile of the company.\u201d<\/p>\n Katsumi Kuroiwa<\/strong>, avex inc.<\/span><\/p>\n<\/blockquote>\n ONE OR EIGHT<\/strong> continued its international breakout during the fiscal year as TOKYO DRIFT<\/em> surpassed 280 million<\/strong> TikTok<\/strong> views and charted across 36<\/strong> countries and regions, according to the company.<\/p>\n The group signed a global major label agreement with Atlantic<\/a> Music Group<\/strong> during FY2025.<\/p>\n Avex<\/strong> also announced the debut of VIBY<\/strong>, a five-member Japanese boy group developed through the \u201cRii.MJ Project\u201d led by executive producer KIM MI JEONG<\/strong>, who the company says is \u201crecognized for discovering members of BTS<\/strong> and Tomorrow X Together<\/strong>.\u201d<\/p>\n The company\u2019s publishing division and creators contributed to releases including the Grammy Award-winning Folded<\/em> by Kehlani<\/strong> (co-written by Kamal Wilson<\/strong>), Nokia<\/em> by Drake<\/strong> (Elkan<\/strong>), and multiple releases from Tate McRae<\/strong> including Sports Car<\/em>, Tit for Tat<\/em>, and Revolving Door<\/em> (Grant Boutin<\/strong>).<\/p>\n The company says its publishing division and creators received five<\/strong> ASCAP<\/a> awards during the fiscal year.<\/p>\n \u201cWe are building a modern entertainment company centered around ownership, intellectual property, global artist development, and long-term strategic partnerships.\u201d<\/p>\n Brandon Silverstein<\/strong>, Avex Music Group<\/span><\/p>\n<\/blockquote>\n Brandon Silverstein<\/strong>, CEO of Avex Music Group<\/strong>, said: \u201cWe are building a modern entertainment company centered around ownership, intellectual property, global artist development, and long-term strategic partnerships.<\/p>\n \u201cWe believe the future of the industry will be defined by companies capable of operating across culture, rights ownership, worldwide distribution, and international infrastructure at scale.<\/p>\n \u201cThrough the combination of global publishing, premium music rights ownership, artist management, recorded music, anime, and strategic partnerships, we believe Avex Music Group is uniquely positioned for long-term global growth.\u201d<\/p>\n Silverstein continued: \u201cOur focus is on creating world-class artists, creators, and content while continuing to build a long-term global rights platform capable of generating sustainable intellectual property and recurring revenue for decades to come.\u201d<\/p>\n Silverstein, who was named CEO of Avex Music Group in March 2025<\/a>, is also the founder of S10 Entertainment<\/strong>, in which Avex acquired a majority stake during the fiscal year.<\/p>\n In February, AMG entered into a global distribution deal with The Orchard<\/strong><\/a> covering territories worldwide, excluding Japan<\/strong>, China<\/strong>, and Korea<\/strong>.<\/p>\n In March, the company signed Bruno Mars<\/strong> to a global music publishing administration deal<\/a>, giving AMG exclusive administration rights over songs Mars writes during the term of the partnership.<\/p>\n\n
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