Aiming Q3 2020 Financial Results

Aiming’s financial results for the third quarter of 2020 demonstrate a significant turnaround in performance, driven primarily by the successful launch of new gaming content and strategic cost-optimization measures. The company transitioned from a loss-making position in the previous year to profitability, reporting a net profit of 1,060 million yen for the nine-month period ending September 30, 2020. This performance marks a sharp recovery from the 764 million yen net loss recorded during the same period in 2019.

The primary catalyst for this growth was the July 2020 release of the jointly developed title, Dragon Quest Tact, which generated substantial revenue throughout the quarter. Complementing this revenue growth, the company implemented structural reforms, including the divestiture of its Osaka studio and the optimization of its workforce at the Taiwan studio. These actions effectively reduced operating expenses, contributing to an operating profit of 1,256 million yen for the period. Total sales reached 8,193 million yen, representing a 92.8% increase compared to the previous year.

Financial stability was further bolstered by the successful exercise of stock acquisition rights, which provided approximately 2,118 million yen in capital. As a result of these operational improvements and strengthened liquidity, the company has officially resolved the concerns regarding its status as a going concern that had persisted through the first half of the fiscal year. Looking ahead, the company maintains a positive outlook for the full fiscal year, projecting total sales of 11,629 million yen and a net profit of 1,310 million yen, reflecting the anticipated continued contribution of its core gaming titles.