Aiming Fiscal Year Ending December 2016 Financial Results Announcement

Key insights

5 takeaways

01
Aiming exceeded its financial projections for FY2016, reporting consolidated net sales of 9,689 million yen (4.1% above forecast) and narrowing its operating loss to 310 million yen (47.3% better than anticipated).
02
The flagship title, Logres of Swords and Sorcery: Goddess of Ancient, was the primary driver of improved results, boosted by new in-game features and IP collaborations.
03
Despite outperforming projections, Aiming's FY2016 financial performance significantly contracted compared to FY2015, with net sales down from 12,168 million yen and an operating loss versus a 2,883 million yen profit.
04
The company successfully mitigated projected losses through targeted operational adjustments, but overall financial scale remained below the previous year's levels.
05
Improved top-line growth allowed Aiming to outperform initial expectations across all major profit categories, including ordinary income and net income attributable to owners of the parent.

Summary

Aiming’s financial performance for the fiscal year ending December 31, 2016, reflects a positive variance compared to the initial projections released in October 2016. The company reported consolidated net sales of 9,689 million yen, exceeding the forecasted 9,304 million yen by 4.1 percent. This growth in revenue positively impacted profitability metrics, with the operating loss narrowing to 310 million yen against an anticipated loss of 589 million yen, representing a 47.3 percent improvement over the initial projection.

The primary driver for these improved results was the sustained performance of the company’s flagship title, Logres of Swords and Sorcery: Goddess of Ancient. Strategic initiatives, including the implementation of new in-game features and successful collaborations with external intellectual properties, effectively stimulated user engagement and revenue generation. The resulting increase in top-line growth allowed the company to outperform its initial expectations across all major profit categories, including ordinary income and net income attributable to owners of the parent.

Despite these improvements, the fiscal year results indicate a significant contraction compared to the previous fiscal year ending December 2015, during which the company recorded net sales of 12,168 million yen and an operating profit of 2,883 million yen. The 2016 data confirms that while the company successfully mitigated projected losses through targeted operational adjustments, the overall financial scale remained below the levels achieved in the prior annual period. These figures are based on internal consolidated financial accounting for the full 2016 calendar year.