Aiming Annual Securities Report: 15th Fiscal Year

Key insights

7 takeaways

01
Aiming achieved a financial turnaround in the 15th fiscal year ending December 31, 2025, reporting 15.83 billion yen in sales, 2 billion yen in operating profit, and 1.08 billion yen in net income.See it on page 1
02
The company’s financial position improved significantly, growing cash and cash equivalents to 5.5 billion yen and shifting from a retained earnings deficit to a surplus.See it on page 23
03
Profitability was driven by disciplined management of selling, general, and administrative expenses alongside the strong performance of core MMO titles.See it on page 21
04
Strategic growth is being pursued through a capital and business alliance with COLOPL, Inc. to share development resources and accelerate the release of new titles.See it on page 26
05
Management is prioritizing operational efficiency by integrating AI technologies and adopting agile development methodologies.See it on page 12
06
The company is refining its corporate structure through collaborative management frameworks with partners such as Kodansha.See it on page 5
07
Auditors identified the recoverability of deferred tax assets as a key audit matter due to the inherent revenue forecasting uncertainties associated with new game releases.See it on page 96

Summary

Aiming achieved a significant financial turnaround during the 15th fiscal year ending December 31, 2025, transitioning from the previous year’s operating losses to a robust profit. The company reported annual sales of 15.83 billion yen, with operating profits reaching approximately 2 billion yen and net income attributable to owners of the parent totaling 1.08 billion yen. This recovery was primarily driven by disciplined management of selling, general, and administrative expenses and the successful performance of core online game titles. Consequently, the company’s financial position strengthened, with cash and cash equivalents rising to 5.5 billion yen and a shift from a retained earnings deficit to a surplus.

The company operates within the online game sector, focusing on the development and operation of massively multiplayer online (MMO) titles. To maintain this momentum, management is prioritizing the expansion of global market share, the integration of AI technologies to enhance development efficiency, and the adoption of agile methodologies. Strategic partnerships, most notably a capital and business alliance with COLOPL, Inc., are being leveraged to share development resources and accelerate the release of high-potential titles. Furthermore, the company is refining its corporate structure, including the transition of specific project committees into collaborative management frameworks with partners like Kodansha.

Corporate governance remains a central pillar of the company’s strategy, characterized by a commitment to transparency and rigorous oversight. The board of directors and audit functions are bolstered by external appointments, ensuring independent monitoring of compliance and risk management. Executive compensation is increasingly aligned with performance-based metrics and equity incentives to foster long-term value creation. While auditors have identified the recoverability of deferred tax assets as a key audit matter due to the inherent uncertainties in forecasting future revenue from new game releases, the company continues to focus on sustainable growth through talent acquisition and the delivery of user-centric gaming experiences.