Tecmo Koei Holdings reported a net loss of 488 million yen for Q1 FY2012, a significant reversal from the 265 million yen profit recorded in the same period the previous year.
Operating income collapsed by 92.8% year-over-year to 24 million yen, while net sales declined by 12.7% to 5.86 billion yen.
The core game software segment, the company's primary revenue driver, experienced a 20% drop in sales and an 84.5% decline in operating income.
The pachislot and pachinko segment was the only major growth area, with sales increasing by 127.4% and operating income rising to 90 million yen.
The online and mobile division underperformed during the quarter, recording a 10% decrease in sales.
Despite the poor quarterly start, the company maintains full-year projections of 39 billion yen in net sales and 5 billion yen in net income, representing expected annual growth of 9.8% and 7.7% respectively.
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