Updated Mar 17, 2026 by KLab
KLab Inc. widened its projected net loss for FY2016 by 24.3%, moving from 655 million yen to 814 million yen.
Operating profit forecasts were lowered by 7.7% to 1.274 billion yen, driven by increased outsourcing costs for joint-development projects and event expenses.
Revenue projections for FY2016 increased by 1.6% to 19.599 billion yen, fueled by the performance of 'Love Live! School Idol Festival' and 'Bleach: Brave Souls'.
Ordinary income rose by 58.7% to 830 million yen, primarily due to a 460 million yen foreign currency exchange profit recorded in the fourth quarter.
The company incurred significant one-time costs, including the liquidation of its offshore subsidiary KLab Cyscorpions, Inc. and valuation losses on investment securities.
Total foreign currency exchange losses for the full fiscal year were mitigated to 388 million yen following the Q4 re-evaluation of foreign currency assets.
KLab Inc. widened its projected net loss for FY2016 by 24.3%, moving from 655 million yen to 814 million yen.
Operating profit forecasts were lowered by 7.7% to 1.274 billion yen, driven by increased outsourcing costs for joint-development projects and event expenses.
Revenue projections for FY2016 increased by 1.6% to 19.599 billion yen, fueled by the performance of 'Love Live! School Idol Festival' and 'Bleach: Brave Souls'.
Ordinary income rose by 58.7% to 830 million yen, primarily due to a 460 million yen foreign currency exchange profit recorded in the fourth quarter.
The company incurred significant one-time costs, including the liquidation of its offshore subsidiary KLab Cyscorpions, Inc. and valuation losses on investment securities.
Total foreign currency exchange losses for the full fiscal year were mitigated to 388 million yen following the Q4 re-evaluation of foreign currency assets.