Aiming Q1 2024 Quarterly Report

Aiming’s Q1 2024 quarterly report details the financial performance and operational status of the company’s online game business for the period spanning January 1, 2024, to March 31, 2024. The company focuses on the development and operation of free-to-play smartphone games, navigating a domestic market characterized by intense competition, rising development costs, and longer production cycles.

Financial results for the first quarter indicate a period of contraction compared to the previous year. Net sales reached 4,607 million yen, representing a 10.7% decrease from the same period in 2023. The company reported an operating loss of 149 million yen, a significant decline from the 576 million yen operating profit recorded in the prior year’s first quarter. Consequently, the company posted a net loss attributable to owners of the parent of 346 million yen, compared to a profit of 218 million yen in the previous year.

Operational highlights included the continued support of established titles such as Dragon Quest Tact and The Eminence in Shadow: Master of Garden, alongside the February 2024 releases of Dungeon ni Deai wo Motomeru no wa Machigatteiru Darou ka Battle Chronicle on PS4 and PS5, and Tap Hunter. Despite these efforts, the company faced increased expenses and market pressures. The financial position remains supported by a capital increase through a third-party allotment to Colopl, Inc., which contributed to an increase in total assets to 8,021 million yen and a strengthened equity base. The company continues to prioritize the acquisition of intellectual property and collaborative business models to maintain its competitive position in the evolving online gaming landscape.