Financial Highlights for the 1st Quarter of FY2010

Tecmo Koei Holdings reported a Q1 FY2010 net loss of 331 million yen and an operating loss of 833 million yen, driven by a 23.5% decline in total net sales to 5,332 million yen.

The core Game Software segment suffered a 32.3% revenue drop to 2,990 million yen and incurred an operating loss exceeding 1 billion yen.

Despite the poor start, the company projects a full-year recovery with net sales reaching 36,500 million yen, a 5.8% increase over the previous year.

Management forecasts a significant turnaround in profitability for the full fiscal year, targeting an operating income of 5,000 million yen, representing a 680% increase over the prior year's total.

The Online and Mobile segment experienced a 29.3% revenue decline during the quarter.

The Pachislot and Pachinko division showed strong performance, growing sales by 36.1% and more than doubling operating income to 345 million yen.

The Media and Rights division demonstrated resilience with 18.8% year-over-year sales growth.