Consolidated Financial Results: Fiscal Year Ending December 2025

The consolidated financial results for the fiscal year ending December 2025 show a reversal from a loss to profitability, driven by the online‑game segment. Total revenue fell 7 % to ¥15,826 million from ¥17,086 million in the prior year, while operating profit swung to a positive ¥2,079 million after covering a ¥552 million loss in 2024. Ordinary profit rose to ¥1,411 million from a ¥150 million loss, and net income attributable to parent shareholders reached ¥1,086 million versus a ¥341 million loss previously. Earnings per share improved to ¥23.27 from a negative ¥7.49, reflecting the elimination of prior losses and stable cash flows.

Balance‑sheet strength increased, with total assets rising to ¥9,205 million and equity climbing to ¥6,896 million, yielding a 74.7 % equity ratio. Cash and equivalents grew to ¥5,498 million, supported by a strong operating cash flow of ¥4,530 million. Investment outflows were offset by equity financing, while short‑term borrowing increased modestly.

The company’s single operating segment—mobile online gaming—remains the core driver, with strategic collaborations (e.g., Square Enix) and new IP launches sustaining revenue. Forecasts for the first quarter of FY 2026 project a 34 % decline in sales and operating profit, reflecting market volatility. No dividends were declared for 2024 or 2025, and the dividend policy remains undetermined for FY 2026. The report follows Japanese GAAP, with no significant accounting changes noted.