Updated Mar 17, 2026 by KLab
KLab Inc. reported a significant financial downturn for the first half of 2024, with revenue falling 32.4% year-over-year to 3,629 million yen.
The company recorded an operating loss of 1,024 million yen and a net loss attributable to owners of the parent of 1,341 million yen, resulting in a net loss per share of 32.47 yen.
Management has declined to provide a consolidated performance forecast for the remainder of the fiscal year, citing volatility in the mobile gaming market.
To address three consecutive years of operating deficits and negative cash flows, the company is implementing cost-reduction measures, including cuts to outsourcing and personnel expenses, alongside the sale of investment securities.
Structural changes include shifting the blockchain-related business to the equity method following the partial sale of BLOCKSMITH&Co. shares.
The company bolstered its capital position through the issuance of new stock acquisition rights and unsecured bonds via third-party allotment.
Recovery efforts are centered on the development of high-profile mobile titles, including EA SPORTS FC™ TACTICAL and a My Hero Academia project, alongside a strategic pivot toward hybrid casual games.
KLab Inc. reported a significant financial downturn for the first half of 2024, with revenue falling 32.4% year-over-year to 3,629 million yen.
The company recorded an operating loss of 1,024 million yen and a net loss attributable to owners of the parent of 1,341 million yen, resulting in a net loss per share of 32.47 yen.
Management has declined to provide a consolidated performance forecast for the remainder of the fiscal year, citing volatility in the mobile gaming market.
To address three consecutive years of operating deficits and negative cash flows, the company is implementing cost-reduction measures, including cuts to outsourcing and personnel expenses, alongside the sale of investment securities.
Structural changes include shifting the blockchain-related business to the equity method following the partial sale of BLOCKSMITH&Co. shares.
The company bolstered its capital position through the issuance of new stock acquisition rights and unsecured bonds via third-party allotment.
Recovery efforts are centered on the development of high-profile mobile titles, including EA SPORTS FC™ TACTICAL and a My Hero Academia project, alongside a strategic pivot toward hybrid casual games.