Avex Inc. reported its music business segment generated $810 million in revenue for the fiscal year ended March 31, 2026, marking a 6.8% year-over-year increase. This growth was largely catalyzed by a 17.4% jump in live entertainment revenue to $354 million, alongside a 12.5% increase in digital music distribution reaching $103 million. The robust topline expansion allowed the segment to swing from an $8 million loss in the prior year to a $23 million operating profit. Broader corporate metrics mirrored this recovery, with total group revenues hitting a post-pandemic high of $971 million.
The financial turnaround highlights the successful execution of Avex’s global integration strategy, aggressively pivoting beyond the domestic Japanese market. By leveraging strategic joint ventures like S10 Entertainment, launching a $100 million catalog fund, and structuring international distribution deals with partners like The Orchard, Avex is establishing itself as a formidable exporter of Asian pop culture and a major player in borderless intellectual property infrastructure.
Curated by MusicResearch.com from Music Business Worldwide. Read the full article at: Japan’s Avex sees music segment revenues grow 6.8% YoY to $810M in latest fiscal year
