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Aiming
Distilling the key insights…
This quarterly report details the financial performance of Aiming Inc. for the first quarter of 2021, covering the period from January 1 to March 31, 2021. The company operates within the Japanese online game industry, focusing on the development and operation of free-to-play smartphone titles. The primary objective of this filing is to provide transparency regarding the company’s financial health and operational status to stakeholders and regulatory authorities.
The company reported significant growth in the first quarter of 2021, driven largely by the successful performance of the title Dragon Quest Tact, which was co-developed with Square Enix. Revenue reached 3,537 million yen, representing a 216.8% increase compared to the same period in the previous year. Consequently, the company transitioned from a loss in the prior year to profitability, reporting an operating profit of 566 million yen, an ordinary profit of 520 million yen, and a quarterly net profit of 436 million yen.
The report highlights a competitive market environment characterized by rising development costs and longer production cycles due to the influx of high-quality domestic and international titles. Despite these pressures, the company continues to expand its portfolio, including the launch of the Nintendo Switch version of Caravan Stories and the release of new mobile titles. Financial stability remains a priority, with the company maintaining a solid equity ratio of 87.3%. The report concludes with an independent auditor’s review, which found no material issues regarding the company's financial statements or accounting practices for the period.
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