NEWS

Disclosure of Management Information for Fiscal Year 2025

We would like to inform you that the business plan for fiscal year 2025 was approved at today's ordinary general meeting of shareholders.

The 2025 season was an unusual one, as the team participated in four tournaments: the Meiji Yasuda J1 League, the J.League YBC Levain Cup, the Emperor's Cup JFA 105th All Japan Football Championship, and the FIFA Club World Cup.
With the goal of winning the J1 League, the team strengthened its squad with an eye on the Club World Cup in June and competed throughout the season. However, they were eliminated in the group stage of the Club World Cup, and in the league, they struggled to accumulate points in away games throughout the year, preventing them from competing for the championship. Furthermore, they were eliminated in the quarterfinals of both the Levain Cup and the Emperor's Cup, failing to advance to the later stages in any competition.

Total business revenue for fiscal year 2025 reached 11,310 million yen, an increase of 1,099 million yen compared to the previous year, mainly due to factors such as participation in the Club World Cup. This marks the third consecutive year that revenue has exceeded 10,000 million yen, and surpasses the previous record of 10,384 million yen set in fiscal year 2023, significantly setting a new all-time high. Breaking down this business revenue, ticket revenue increased by 202 million yen compared to the previous year, advertising revenue (partner sponsorships, RBC membership fees, etc.) increased by 87 million yen, merchandise revenue increased by 88 million yen, and other revenue increased by 722 million yen, all of which exceeded the previous year's figures.
On the other hand, business expenses, which include both business operating expenses and team operating expenses, increased by 1,524 million yen compared to the previous period, reaching 10,527 million yen, due to increased operating costs associated with participation in the Club World Cup. The operating loss was 222 million yen, the ordinary loss was 79 million yen, and the net loss for the period was 100 million yen. This marks the first time the club has posted a net loss since fiscal year 2020 (net loss of 612 million yen).

Ticket revenue: League attendance exceeds 700,000 for the second consecutive year.
Continuing from the previous year, thanks to the large number of fans and supporters who attended home games throughout the year, ticket revenue increased by 202 million yen compared to the previous period, reaching 2,214 million yen. The average attendance for J1 League matches remained at approximately the same level as last year at 37,350, and the total annual attendance was 709,655, exceeding 700,000 for the second consecutive year.

Changes in the average number of visitors

Advertising revenue: Maintained over 4,000 million yen for the fourth consecutive quarter, approaching record high levels.
Advertising revenue (including partner sponsorships and RBC membership fees) reached 4,195 million yen this term, an increase of 87 million yen compared to the previous term, thanks to the tremendous support we received from our partner companies, Reds Business Club (RBC) members, and everyone who used Viewbox. Although we fell just short of our record high sales (4,223 million yen achieved in FY2023), we exceeded 4,000 million yen for the fourth consecutive year.

Merchandise revenue: Record-breaking sales for the third consecutive quarter.
In fiscal year 2025, sales increased, mainly driven by Club World Cup-related merchandise. In addition to the online shop and the physical store Redia Voltage, we opened "REDIA FACTORY," the first permanent club mascot specialty store for a J.League club, in collaboration with partner companies. These multifaceted initiatives bore fruit and significantly contributed to the overall improvement in merchandise sales performance. As a result, merchandise revenue reached 1,682 million yen, an increase of 88 million yen compared to the previous year, marking a new record high for the third consecutive year.

Trends in operating revenue and “three pillars of revenue”

Business expenses: Increase in business expenses due to participation in the Club World Cup.
In addition to the continued rise in operating expenses due to fluctuations in the economic situation, business expenses, including operating expenses and team operating expenses, increased by 1,524 million yen compared to the previous period, reaching 10,527 million yen, due to factors such as the formation of a top team with an eye on participation in the Club World Cup, and the increase in overseas transaction settlements due to the depreciation of the yen during long overseas tours.

Operating loss, net loss for the period, and net assets
During the current period, we made significant investments in strengthening our player roster with the aim of participating in the Club World Cup and maintaining our competitiveness in the medium to long term, as well as in improving our environment, such as relocating our head office. As a result, we incurred an ordinary loss of 79 million yen and a net loss of 100 million yen.
Net assets totaled 1,821 million yen, including capital stock of 273 million yen and capital reserves of 113 million yen. Although a portion of the net assets accumulated over the past few years has been allocated to investments, we continue to maintain a strong financial foundation.

Changes in total assets (unit: million yen)

About the club's initiatives
[Initiatives for Fiscal Year 2025]
Mitsubishi Heavy Industries Urawa Reds Ladies
In the 2024-25 SOMPO WE League (which ended in May 2025), we failed to achieve our goal of winning the league for the third consecutive year, Pos in third place. As a result, we were unable to qualify for the 2025/26 AFC Women's Champions League (AWCL).
The 2025/26 SOMPO WE League, which kicked off in August 2025, has seen the team continue to compete for the championship under the leadership of manager Takashi Hori, while working to improve its overall strength. In the 2025/26 WE League Kracie Cup, the team finished second in the group stage and did not advance to the semi-finals. Furthermore, in the Empress's Cup JFA 47th All Japan Women's Football Championship, where they were aiming for a consecutive victory, they were eliminated in the third round.
In terms of business operations, we have undertaken various activities, including holding supporter meetings and continuing communication thereafter, encouraging players to actively participate in hometown events, and publishing columns written by players themselves using products from partner companies. Moving forward, we will continue to focus on cherishing everyone who supports the Ladies team, establishing women's soccer in our hometown, and attracting more fans and supporters to our home games.

Urawa Reds Academy Development
The boys' youth team competed in the Prince Takamado Trophy JFA U-18 Football Premier League 2025 for the first time in four seasons, gaining experience in high-level Trial throughout the season. Two players, defender Yoshitaka Tanaka (currently U-18) and midfielder Takeshi Wada (U-17), signed professional contracts. However, they ultimately finished 11th and were relegated to the Prince Takamado Trophy JFA U-18 Football Prince League Kanto.
The boys' junior youth team and junior team both achieved consistent results in their respective tournaments.
Furthermore, they have decided to participate in the "U-21 J.League" (tentative name), which will kick off in August 2026, and have appointed Tatsuya Tanaka as their manager, and are proceeding with preparations for the opening.

Urawa Reds Academy Soccer School
The Academy Soccer School, which aims to improve skills while enjoying soccer and learning fundamental techniques, is now in its second year of operation. It has expanded its venues by five compared to the previous year, now operating at 11 locations throughout the prefecture. The number of students is gradually increasing, and the school is slowly growing into a lively and vibrant institution.

Urawa Reds Heart-full Club
At Heart-full Club, which nurtures "hearts" through soccer, we interacted with many children through soccer in 2025. We interacted with a total of 39,718 people through 544 sessions, mainly at elementary schools, kindergartens, and daycare centers in Saitama City and Saitama Prefecture, and played soccer together. Through "Heart-full Soccer in Asia," we visited Vietnam and Thailand, and taking advantage of our participation in the Club World Cup, we conducted our first "grassroots international exchange" in mainland America, targeting local elementary schools and Japanese residents. Furthermore, we have decided to conclude "Heart-full Soccer in Tohoku," which we have continued for 15 years since July 2011 as a recovery support project for the Great East Japan Earthquake.

Redsland
RedsLand celebrated its 20th anniversary in July 2025. To mark this milestone, the company redefined its slogan to reflect its current identity: "RedsLand ~Together with the community, sharing smiles, forever~". In December, as part of its 20th-anniversary celebrations, the company completed a human-formed soccer ball artwork created by 1,198 people, which was recognized by Guinness World Records™.
The "Nurturing Partner Program" is now in its fourth year, and the number of contracted companies has reached 24. By supporting our philosophy, these companies continue to engage in activities that embody Urawa Reds' ideals, such as co-hosting events, making participation free for children, and making it easier for local youth soccer teams and sports organizations to use our facilities.

Improving the stadium viewing environment
To provide a more comfortable viewing environment for fans and supporters visiting the stadium, we have implemented several measures. In order to address the issue of stadium access, we conducted a trial run of a chartered bus from Urawa Station to Saitama Stadium. In addition, to reduce the stress of leaving your seat and waiting times at the checkout counter, we have introduced on-site drink sales within the stands and cashless payment at all food and beverage stalls.
Furthermore, based on our experience at the Club World Cup, we experimentally installed water dispensers in the concourse as a measure against the heat. In December, with the cooperation of the Japanese Red Cross Society, we conducted life-saving training for fans and supporters to create a safer stadium together with everyone. We will continue to improve the stadium viewing environment by valuing each of these small steps.

Shinzo Koroki 's activities
Shinzo Koroki, who retired from professional football at the end of the 2024 season, served as a partner sales representative in 2025. In addition to partner sales activities, he also actively participated in hometown activities and interacted with fans and supporters at the stadium, and held his retirement Trial in December 2025. Koroki has been working as an academy development coach since 2026.

International Strategy
In order to create growth opportunities in overseas markets, in fiscal year 2025 we deepened various activities, mainly in the ASEAN (Association of Southeast Asian Nations) region, one of the world's growth centers. We continued our exchange programs with Muangthong United, with whom we have a club partnership, and our Academy Soccer School in Hanoi, Vietnam, has now been open for one year, and we are working to strengthen its operational base there. Our continued activities in Vietnam, in particular, have been highly praised by the local community and business sector, and as one of the results, we have concluded a partnership agreement with Vietnam Airlines. This is not merely a partnership, but also an expression of the expectation that the club will function as a "hub" to accelerate economic and cultural exchange between Japan and Vietnam, and we believe that this will ultimately contribute to improving our presence in the ASEAN region.

Hometown activities and social engagement activities
Now in its fifth year, "Kono Yubi TomaREDS!" continues to take various actions in 2025 as a co-creation platform spearheaded by the club and working together with supporters and endorsers to solve local issues. Furthermore, the invitation of Masayuki Okano, Reds Brand Ambassador, has further strengthened the ability to communicate social collaboration activities. Based on the "Agreement on Crime Prevention Community Development" with Saitama Prefecture and the Saitama Prefectural Police, the club is deeply committed to protecting the safety and security of the community through activities such as donating posters to raise awareness about preventing illegal part-time jobs and Okano's appearance in awareness videos.
Furthermore, in October, we relocated our head office to the heart of Urawa Ward for the first time in 20 years. This relocation will further revitalize our hometown activities and accelerate sustainable club management rooted in the local community.

SDGs (Sustainability)
We further deepened our environmental actions, which we undertake with various stakeholders, including a circular economy awareness project with Saitama Prefecture. In particular, at the "Sustainable Day" held at our home game in October, we challenged ourselves with new initiatives, such as implementing carbon offsetting in collaboration with the local community and producing matchday cards using recycled waste paper generated at the stadium. Together with our fans and supporters, we worked to foster momentum for building a sustainable society throughout the stadium and the entire city.
Furthermore, in recognition of these efforts, Urawa Reds was officially certified as a "Saitama City SDGs Certified Company" in February 2026.

lastly
The 2025 season was a historic one, as we became the first Japanese club to participate in the FIFA Club World Cup, which has been expanded in scale. Although we incurred a net loss for the period, this was due to challenging investments made with an eye on strengthening our competitiveness and looking towards the future, in anticipation of the major opportunity presented by the Club World Cup. As a result, we have not yet fully achieved results commensurate with our investments, but through management efforts throughout the year, we were able to limit the net loss for the period to 100 million yen.
This season, we were unable to meet the expectations you placed on us in all the competitions we participated in, including the J1 League. However, thanks to the support of our fans, supporters, partner companies, and everyone who supports Urawa Reds, we were able to maintain the foundation necessary for future growth and continue operating the club. We express our sincere gratitude.

The J.League will transition to an autumn-spring season starting in August 2026 for the 2026/27 season. In conjunction with this transition, our club's fiscal year will also change from the current "February 1st to January 31st of the following year" to "July 1st to June 30th of the following year".

We would greatly appreciate your continued warm support for the upcoming season.




Club balance (unit: million yen)



































































































































  2021 2022 2023年度 2024年度 FY2025
business income 6,891 8,127 10,384 10,211 11,310
Entrance fee income 626 1,439 2,145 2,012 2,214
Advertising revenue 3,898 4,048 4,223 4,108 4,195
goods income 841 1,119 1,583 1,594 1,682
J League distribution (*1) 471 567 473 679 539
Other (*1) 1,055 954 1,960 1,818 2,680
Operating expenses (*2) 6,990 7,700 10,017 9,882 11,532
business expenses 6,142 6,917 9,137 9,003 10,527
business operating expenses 2,293 2,933 3,831 3,610 4,224
team operating expenses 3,849 3,984 5,306 5,393 6,303
(Including player/manager/coach fees) (*3) 3,089 2,853 3,860 3,970 4,384
General and administrative expenses 848 783 881 879 1,005
Operating income -99 427 367 329 -222
Ordinary income 2 492 392 379 -79
net income 2 412 305 311 -100



  • Amounts are rounded to the nearest million yen.

  • (*1) “Others” includes player transfer-related income, participation fees, performance fees, school membership fees, training (academy)-related income, etc.

  • (*2) The main breakdown of operating expenses is as shown in the reference information on the next page.

  • (※3) From fiscal 2022, the figures for player, manager, and coach compensation include only the personnel expenses of the top team.
    Figures for fiscal 2021 and earlier include development and ladies' compensation.







(Reference information) Main breakdown of operating expenses (unit: million yen)


























































business operating expenses 4,224  
stadium management expenses 1,031 "Trial-related expenses (stadium usage fees, security fees, operation and construction costs)", ticket fees, advertising and promotion fees, JFA and J.League fees, event fees, etc.
Advertising related expenses 910 Barter transaction equivalent, advertising expenses for Redsland, advertising agency fees, outsourcing expenses, etc.
Merchandise-related expenses and other business expenses 2,125 Commodity cost, goods operation management fee, REX CLUB activity fee, PR activity fee, etc.
Hometown Related Expenses 158 Hometown Activity Fee, Heartful Activity Fee
team operating expenses 6,303  
Player/manager/coach compensation 4,384 Total remuneration for top team players and coaches
Top team operating expenses 1,091 Transportation-related expenses, facility-related expenses, dormitory-related expenses, agency fees, etc.
Training (academy) operating expenses 320 Academy instructor remuneration, transportation-related expenses, facility-related expenses, etc.
Ladies' team operating expenses 508 Women's team player/leader compensation, transportation-related expenses, facility-related expenses, etc.
General and administrative expenses 1,005  







Club property status (unit: million yen)











































  2021 2022 2023年度 2024年度 FY2025
Total assets 2,875 3,076 3,451 5,102 3,836
total debt 1,867 1,771 1,841 3,181 2,015
net worth 1,008 1,305 1,610 1,921 1,821
Capital/capital reserve 386 386 386 386 386







Club Other Indicators



































































































  2021 2022 2023年度 2024年度 FY2025
J1 League Annual Pos 6th place 9th place 4th 13th place 7th place
YBC Levain Cup Cup results Best 4 Best 4 runner up 1stラウンド Best 8
Emperor's Cup results win 3rd Round Lost round 16   Best 8
AFC Champions League
(ACL) performance
  win Eliminated in the group stage    
FIFA Club World Cup
(FCWC) results
    4th   Group Stage: 4th place in Group E
J1 league attendance (people) 156,636 401,489 518,648 712,852 709,655
J1 league average attendance (people) 8,244 23,617 30,509 37,519 37,350
Number of attendees at hosted Trial (people) 191,398 451,823 603,332 712,852 729,422
Average annual income for all J1 clubs
(One million yen)
4,159 4,864 5,201 5,824  
Average ticket revenue for all J1 clubs
(One million yen)
399 704 961 1,086  
All J1 league clubs
Average number of visitors (people)
6,661 14,328 18,993 20,355  



  • "Attendance figures for home Trial" represent the total for home matches including J.League and cup Trial.



Disclosure of Management Information for Fiscal Year 2025

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