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Akatsuki
Distilling the key insights…
Akatsuki Inc. reported significant financial growth for the fiscal year ended March 31, 2018, driven by the strong performance of its mobile gaming portfolio. The company achieved net sales of 21,926 million yen, representing an 89.9% year-on-year increase, while operating profit rose 121.7% to 10,534 million yen. Profit attributable to owners of the parent reached 6,084 million yen, an 84.8% increase over the previous fiscal year. These results reflect the successful operation of existing titles, such as the globally popular "Dragon Ball Z Dokkan Battle," alongside the launch of new titles including "August Cinderella Nine" and "The Idolmaster: SideM Live on St@ge!"
The company’s financial position strengthened significantly, with total assets increasing to 28,467 million yen from 16,259 million yen in the prior year. Cash and cash equivalents grew to 19,746 million yen, supported by 7,933 million yen in cash flows from operating activities. Liabilities also rose to 11,731 million yen, primarily due to the issuance of corporate bonds and increased long-term loans. The company maintained a solid equity ratio of 58.7% as of March 31, 2018.
Looking ahead, the company is transitioning into an investment phase focused on expanding its business portfolio beyond mobile gaming. Strategic priorities include the "Live Experience" (LX) business and the development of new services targeting tertiary industries such as medical, education, and human resources. Due to the inherent volatility of the mobile gaming market and the uncertainties associated with these new strategic investments, the company has opted not to provide full-year earnings forecasts for the fiscal year ending March 31, 2019, committing instead to timely quarterly disclosures.
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