Aiming Q3 2026 Financial Results

Key insights

6 takeaways

01
Aiming experienced a significant financial downturn for the nine-month period ending September 30, 2026, with net sales falling 11.6% to 11,167 million yen and operating profit dropping 38.6% to 1,289 million yen.See it on page 1
02
The company revised its full-year 2026 revenue forecast to 14,676 million yen as it faces increased market competition and rising development costs within the Japanese smartphone gaming sector.See it on page 4
03
While older titles in the portfolio are seeing natural performance declines, the June 2026 launch of 'Inazuma Eleven: Victory Road' provided a positive contribution to quarterly earnings.See it on page 4
04
Despite declining profitability, the company maintains a stable financial position with a capital adequacy ratio of 73.4% and total assets of 10,598 million yen.See it on page 5
05
Management is shifting its strategic focus toward acquiring high-profile intellectual property and forming collaborative business schemes to offset the impact of long development cycles.See it on page 4
06
The company continues to invest in its affiliate, Betimo, to expand its presence in digital betting services alongside its core online game operations.See it on page 4

Summary

Aiming’s financial results for the third quarter of 2026 reflect a period of contraction within its core online game business, characterized by increased market competition and rising development costs. The company, which operates primarily in the Japanese smartphone gaming market, reported a decline in key performance metrics for the nine-month period ending September 30, 2026. Net sales reached 11,167 million yen, representing an 11.6% decrease compared to the same period in the previous year. Operating profit fell by 38.6% to 1,289 million yen, while ordinary profit and net profit attributable to owners of the parent declined by 31.1% and 23.3%, respectively.

The company’s operational strategy remains focused on maintaining its existing portfolio while preparing for future releases. Key titles such as Dragon Quest Tact, The Eminence in Shadow: Master of Garden, and several newer IP-based games contributed to revenue, though the long-term operation of older titles has shown a natural decline in key performance indicators. A notable development during this period was the June 2026 launch of Inazuma Eleven: Victory Road, which provided a positive contribution to the company’s earnings. Additionally, the company continues to support its affiliate, Betimo, through further investment to enhance its digital betting services.

Financially, the company maintains a stable position with a capital adequacy ratio of 73.4%. Total assets increased to 10,598 million yen, driven largely by growth in accounts receivable and contract assets. Despite the current downward trend in profitability, the company has revised its full-year earnings forecast for 2026, anticipating a total annual revenue of 14,676 million yen. Management continues to prioritize the acquisition of high-profile intellectual property and the establishment of collaborative business schemes to navigate the increasingly competitive landscape and mitigate the impact of prolonged development cycles.