FinancialKLab
Summary of Financial Results for Fiscal Year Ending December 31, 2017
1 Feb 201819 pages~26 min full read
KLab Inc. achieved record-high financial performance in fiscal year 2017, with revenue rising 36.6% to 26.8 billion yen and operating income surging 283.7% to 4.9 billion yen.
See it on page 1The company successfully reversed a 2016 net loss of 845.6 million yen, reporting a net income of 3.13 billion yen for the fiscal year ending December 31, 2017.
See it on page 5The Game Business segment was the primary driver of financial success, accounting for 99.3% of the company's total outside sales.
See it on page 18Growth was fueled by the sustained popularity of Love Live! School Idol Festival and Bleach: Brave Souls, alongside the successful launch of Captain Tsubasa: Dream Team.
See it on page 5KLab Inc. projects continued growth for the fiscal year ending December 31, 2018, with revenue forecasts reaching as high as 38.5 billion yen.
See it on page 7The company strengthened its financial position by the end of 2017, reporting net assets of 12.57 billion yen and a net income per share of 84.89 yen.
See it on page 5KLab Inc. achieved record-high financial performance for the fiscal year ending December 31, 2017, marking a significant recovery from the previous year’s losses. Revenue increased by 36.6% to 26.8 billion yen, while operating income experienced a dramatic surge of 283.7%, reaching 4.9 billion yen. This growth was almost entirely concentrated within the Game Business segment, which accounted for 99.3% of total outside sales. The primary drivers of this success were the sustained popularity of established titles such as Love Live! School Idol Festival and Bleach: Brave Souls, alongside the high-performing launch of Captain Tsubasa: Dream Team.
The fiscal year concluded with a net income of 3.13 billion yen, a stark contrast to the 845.6 million yen net loss reported in 2016. This turnaround resulted in a net income per share of 84.89 yen and a strengthened net asset position of 12.57 billion yen. Financial reporting for the period included specific accounting treatments for share calculations, where certain subscription rights were excluded from diluted net income per share due to their non-dilutive nature, and shares held in trusts were categorized as treasury shares for income calculation purposes.
Looking ahead to the fiscal year ending December 31, 2018, projections indicate continued upward momentum. The company issued a range-based forecast anticipating revenue growth to reach as high as 38.5 billion yen. This outlook reflects a strategic focus on leveraging existing intellectual properties and maintaining the operational efficiency that characterized the 2017 fiscal period. No significant subsequent events were reported following the close of the fiscal year, suggesting a stable transition into the next reporting cycle.
