Tecmo Koei Holdings achieved a significant turnaround in the first half of fiscal year 2010, swinging from a ¥641 million operating loss in the previous year to a ¥641 million operating profit.
Net income reached ¥2.6 billion for the first half of the fiscal year, a substantial recovery from the ¥415 million loss recorded during the same period in 2009.
Despite a 27.5% year-on-year decline in first-half net sales to ¥34.5 billion, the company projects a full-year revenue of ¥36.5 billion, representing a 5.8% increase over the previous year.
The core Game Software segment experienced a 34.2% drop in sales to ¥23.1 billion, yet successfully transitioned from an ¥839 million operating loss to a ¥1.2 billion operating profit.
Across all business segments, revenue declined in the first half: Online & Mobile fell 12.3%, Media & Rights dropped 20.5%, Pachislot & Pachinko decreased 22.8%, and Amusement Facilities declined 10.7%.
The 'Other' business segment was the only area to show significant growth, increasing by 150% during the first half of the fiscal year.
The financial highlights cover Tecmo Koei Holdings’ first half of fiscal year 2010, ending March 2011, and compare results to the same period in 2009 as well as full‑year figures. Net sales fell 27.5 % year‑on‑year in the first half, reaching ¥34.5 billion versus ¥15.3 billion in 2009, but the full‑year forecast of ¥36.5 billion represents a modest 5.8 % increase over the previous year’s full‑year sales of ¥34.0 billion. Gross profit declined 40.9 % in the first half, while operating income swung from a loss of ¥641 million to a profit of ¥641 million, reflecting a 680 % improvement. Income before taxes rose sharply to ¥3.0 billion, and net income turned positive at ¥2.6 billion after a ¥415 million loss in 2009.
Segment analysis shows Game Software sales dropped 34.2 % to ¥23.1 billion, yet the full‑year forecast is only 6.9 % higher than 2009. Online & Mobile sales fell 12.3 %, Media & Rights declined 20.5 %, and Pachislot & Pachinko sales fell 22.8 %. Amusement Facilities sales decreased 10.7 %, while the Other segment grew 150 % in the first half, though it remains a small contributor. Operating income by segment reveals significant swings: Game Software moved from a loss of ¥839 million to a profit of ¥1.2 billion, Online & Mobile remained negative, Media & Rights improved modestly, and Amusement Facilities saw a 249 % rise in the first half.
The data derive from consolidated financial statements for the Japanese company, covering domestic and international operations across five business segments. The report presents year‑on‑year comparisons and full‑year forecasts, highlighting volatility in gaming and entertainment revenue streams while noting overall profitability improvement for the fiscal year.