Aiming Quarterly Report: Q3 10th Term

This quarterly report for Aiming Inc. covers the third quarter of the 10th fiscal year, spanning from July 1, 2020, to September 30, 2020. The primary purpose of the document is to provide a formal financial disclosure and an analysis of the company’s business performance, specifically addressing the resolution of concerns regarding the company's status as a going concern.

The company achieved a significant financial turnaround during this period, reporting a cumulative third-quarter revenue of 8,193 million yen, a 92.8% increase compared to the same period in the previous year. This growth was primarily driven by the successful launch of the smartphone game "Dragon Quest Tact," developed in collaboration with Square Enix, which maintained high sales rankings throughout the quarter. Consequently, the company recorded an operating profit of 1,256 million yen, a sharp recovery from the 666 million yen operating loss reported in the prior year's corresponding period. Net income for the period reached 1,060 million yen.

Operational efficiency improvements also contributed to these results, including the optimization of the Taiwan studio’s workforce and the divestiture of the Osaka studio to Doki Doki Groove Works. Furthermore, the company strengthened its financial position through the exercise of the 7th series of stock acquisition rights, which provided 2,112 million yen in capital. As a result of these developments, management concluded that the material uncertainty regarding the company's ability to continue as a going concern has been resolved. The company operates within the online game industry in Japan and continues to focus on expanding its portfolio of live services and new titles while monitoring market competition and rising development costs.