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Nippon Ichi Software: 33rd Term Q2 Financial Report

Key insights

7 takeaways

01
Nippon Ichi Software reported a net loss of 224.6 million yen for the first half of the 33rd fiscal term, compared to a net loss of 171.8 million yen in the same period of the previous year.
02
Net sales for the first half of the 33rd term were 1.24 billion yen, a significant decrease from the 2.44 billion yen reported in the same period of the previous year.
03
The company released 'Fuuraiki 5' and the horror adventure game 'Renju' during the second quarter, while its subsidiary NIS America released 'CLADUN X3'.
04
The company is pursuing a multi-platform strategy, including Steam and PC, alongside efforts to optimize development pipelines and expand sales channels across Japan, North America, Europe, and Asia.
05
Two online presentation events, 'Nippon Ichi Untitled', were held in March and September 2025, each attracting over 100,000 viewers.
06
Future software releases include the action RPG 'Kyuran Rokagudo' scheduled for January 29, 2026, and the life simulation game 'Wano Kurashi no Niwa' scheduled for July 30, 2026.
07
As of September 30, 2025, the company maintains a total asset value of 11.2 billion yen, with cash and cash equivalents totaling 3.65 billion yen.

Summary

Nippon Ichi Software’s financial report for the second quarter of the 33rd fiscal term outlines the company’s strategic focus on maximizing intellectual property value through diversified platform releases and long-term engagement initiatives. During this period, the company released titles such as Fuuraiki 5 and Renju, while its subsidiary, NIS America, Inc., launched Cladun X3. To broaden market reach, the company continues to prioritize multi-platform distribution, including Steam and other PC services, across Japan, North America, Europe, and Asia.

Financial performance for the six-month period ending September 30, 2025, reflects a challenging environment. The company reported net sales of approximately 1.24 billion yen, with an operating loss of 322 million yen and a net loss of 224 million yen. Despite these results, the company maintains a solid asset base, with total assets valued at approximately 11.2 billion yen and net assets of 7.63 billion yen. The report highlights a shift toward long-term marketing strategies, exemplified by the early announcement of the life simulation title, The Garden of Life, scheduled for release in July 2026.

Beyond core software development, the company is actively expanding its business ecosystem. This includes the operation of the Kokoro-iki e-commerce platform, which promotes Japanese products, and the management of a card game shop. Furthermore, the company remains committed to regional engagement through community-based initiatives, such as local safety campaigns and the organization of outdoor entertainment events. Looking ahead, the company plans to continue its development of new titles, including the action RPG Kyouran Rakkado, while maintaining a focus on sustainable growth and the cultivation of human resources to ensure long-term corporate prosperity.