FinancialKLab
Summary of Financial Results for First Half of Fiscal Year Ending December 31, 2015: Japan
15 pages~19 min full read
KLab Inc. reported strong growth for the first half of 2015, with revenue rising 8.9% to ¥10,435 million and operating income surging 122.9% to ¥1,552 million.
See it on page 1Net income for the period reached ¥666 million, a 22.9% increase compared to the first half of 2014, resulting in earnings per diluted share of ¥18.35.
See it on page 1Financial performance was primarily driven by the successful launch of new mobile titles, specifically highlighting the impact of 'Love Live! School Idol Festival.'
See it on page 5The company maintains a strong balance sheet with an equity ratio of 74.6% and total assets of ¥13,187 million, supported by increased investment in intangible assets.
See it on page 9KLab completed a treasury stock purchase of 90,000 shares for ¥128.5 million in July 2015 to improve capital efficiency.
See it on page 15Management projects revenue of ¥16,935 million and net income of ¥1,316 million for the first three quarters of 2015, though they declined to provide a full-year forecast due to the volatility of new game releases.
See it on page 5The company declared no dividends for the 2015 fiscal year, maintaining its existing dividend policy.
See it on page 1KLab Inc. reported consolidated financial results for the first half of fiscal year 2015 (January 1–June 30, 2015) under Japanese GAAP. Revenue rose 8.9 % to ¥10,435 million, driven by the launch of new mobile titles such as “Love Live! School Idol Festival.” Operating income surged 122.9 % to ¥1,552 million, while ordinary and net income increased 130.3 % and 22.9 %, respectively, to ¥1,612 million and ¥666 million. Net income per diluted share reached ¥18.35, up from ¥16.40 in the same period of FY2014.
Total assets increased to ¥13,187 million, with net assets rising 8.6 % to ¥9,884 million and an equity ratio of 74.6 %. The company’s balance sheet showed a modest decline in current liabilities and an increase in intangible assets, reflecting investment in intellectual property. Treasury stock purchases of 90 000 shares (¥128.5 million) were completed in July to improve capital efficiency.
KLab’s forecast for the first three quarters of FY2015 projects revenue of ¥16,935 million and net income of ¥1,316 million. The company notes that operating performance is highly sensitive to the success of new releases and therefore refrains from full‑year forecasts. No significant accounting policy changes affected the period, aside from the adoption of a special tax‑effect treatment and an employee stock ownership plan implemented through a trust. The company’s dividend policy remained unchanged, with no dividends declared for FY2015.
