KLab Inc. reported a 98% decline in profit attributable to owners of the parent to ¥16 million for the first half of 2020, compared to the same period in 2019.

According to "Consolidated Financial Report: Q2 2020": KLab Inc. reported a 98% decline in profit attributable to owners of the parent to ¥16 million for the first half of 2020, compared to the same period in 2019.

Operating income fell 42.2% to ¥753 million, driven by an increased cost of sales and a lower gross profit margin.

According to "Consolidated Financial Report: Q2 2020": Operating income fell 42.2% to ¥753 million, driven by an increased cost of sales and a lower gross profit margin.

Revenue grew by 7.7% to ¥15.95 billion, supported by performance in the company's core game business and research and consulting services.

According to "Consolidated Financial Report: Q2 2020": Revenue grew by 7.7% to ¥15.95 billion, supported by performance in the company's core game business and research and consulting services.

The company recorded a net loss of ¥44 million for the first half of 2020, primarily due to significant foreign exchange losses and impairment charges.

According to "Consolidated Financial Report: Q2 2020": The company recorded a net loss of ¥44 million for the first half of 2020, primarily due to significant foreign exchange losses and impairment charges.

Comprehensive income turned negative at ¥254 million, impacted by valuation losses on available-for-sale securities and foreign currency translation adjustments.

According to "Consolidated Financial Report: Q2 2020": Comprehensive income turned negative at ¥254 million, impacted by valuation losses on available-for-sale securities and foreign currency translation adjustments.

KLab maintained a stable financial foundation with an equity ratio of 66.2% and a cash and deposits position of ¥6.38 billion.

According to "Consolidated Financial Report: Q2 2020": KLab maintained a stable financial foundation with an equity ratio of 66.2% and a cash and deposits position of ¥6.38 billion.

No dividends were declared for the first half of 2020, and the company's dividend forecast remains unchanged.

According to "Consolidated Financial Report: Q2 2020": No dividends were declared for the first half of 2020, and the company's dividend forecast remains unchanged.

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Key Insights

Consolidated Financial Report: Q2 2020

KLab~10 min full read

01
KLab Inc. reported a 98% decline in profit attributable to owners of the parent to ¥16 million for the first half of 2020, compared to the same period in 2019.
See it on page 1
02
Operating income fell 42.2% to ¥753 million, driven by an increased cost of sales and a lower gross profit margin.
See it on page 5
03
Revenue grew by 7.7% to ¥15.95 billion, supported by performance in the company's core game business and research and consulting services.
See it on page 8
04
The company recorded a net loss of ¥44 million for the first half of 2020, primarily due to significant foreign exchange losses and impairment charges.
See it on page 6
05
Comprehensive income turned negative at ¥254 million, impacted by valuation losses on available-for-sale securities and foreign currency translation adjustments.
See it on page 6
06
KLab maintained a stable financial foundation with an equity ratio of 66.2% and a cash and deposits position of ¥6.38 billion.
See it on page 1
07
No dividends were declared for the first half of 2020, and the company's dividend forecast remains unchanged.
See it on page 1

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