Updated Mar 17, 2026 by Nippon Ichi Software
Nippon Ichi Software reported a 39.9% year-over-year decline in net sales to 2,221 million yen for the nine-month period ending December 31, 2025.
The company shifted to a loss-making position, recording an operating loss of 257 million yen and a quarterly net loss of 164 million yen.
The core entertainment segment drove the downturn with a 41.2% revenue decline to 2,132 million yen, despite the release of Disgaea 7 Complete for the Nintendo Switch 2 in Western markets.
Management has revised full-year forecasts downward, now projecting a 34.4% annual sales decrease to 3,475 million yen and a net loss of 296 million yen for the fiscal year ending March 2026.
The company’s secondary business, a dormitory operation in Gifu Prefecture, grew sales by 24.0% but failed to reach profitability at the operating level.
Despite the financial contraction, the company maintains a stable balance sheet with total assets of 11.6 billion yen and an equity ratio of 67.1%.
Nippon Ichi Software reported a 39.9% year-over-year decline in net sales to 2,221 million yen for the nine-month period ending December 31, 2025.
The company shifted to a loss-making position, recording an operating loss of 257 million yen and a quarterly net loss of 164 million yen.
The core entertainment segment drove the downturn with a 41.2% revenue decline to 2,132 million yen, despite the release of Disgaea 7 Complete for the Nintendo Switch 2 in Western markets.
Management has revised full-year forecasts downward, now projecting a 34.4% annual sales decrease to 3,475 million yen and a net loss of 296 million yen for the fiscal year ending March 2026.
The company’s secondary business, a dormitory operation in Gifu Prefecture, grew sales by 24.0% but failed to reach profitability at the operating level.
Despite the financial contraction, the company maintains a stable balance sheet with total assets of 11.6 billion yen and an equity ratio of 67.1%.