FinancialKoei Tecmo
Financial Highlights for the 3rd Quarter of the Fiscal Year Ending March 2013 (FY2012)
1 Jan 20132 pages~4 min full read
Tecmo Koei Holdings reported a 291.7% surge in net income to 2.61 billion yen for the nine-month period ending December 31, 2012.
Operating income rose 38.3% to 2.49 billion yen, while net sales grew 6.5% to 22.2 billion yen compared to the same period in the previous fiscal year.
The Game Software segment remains the primary profit driver, achieving 14.69 billion yen in sales and an 83.6% increase in operating income.
The Pachislot & Pachinko segment experienced significant growth, with sales increasing 118.5% to 1.53 billion yen.
The company maintains a strong balance sheet with 79.07 billion yen in shareholders' equity and a reduction in total liabilities from 10.33 billion yen to 6.78 billion yen.
Online & Mobile and Media & Rights segments both saw declines in revenue and operating income during the third quarter.
The company is on track to meet its full-year fiscal forecast of 39 billion yen in net sales and 5 billion yen in net income.
Tecmo Koei Holdings reports significant financial growth for the third quarter of the fiscal year ending March 2013. Net sales for the nine-month period reached 22.2 billion yen, representing a 6.5% increase over the same period in the previous year. Profitability metrics showed even more substantial gains, with operating income rising 38.3% to 2.49 billion yen and net income surging 291.7% to 2.61 billion yen. This performance positions the company to meet its full-year forecast of 39 billion yen in net sales and 5 billion yen in net income.
The Game Software segment remains the primary driver of revenue and profit, contributing 14.69 billion yen in sales and 2.52 billion yen in operating income, reflecting year-over-year growth of 9.8% and 83.6% respectively. In contrast, the Online & Mobile and Media & Rights segments experienced declines in both revenue and operating income during the third quarter. The Pachislot & Pachinko segment emerged as a high-growth area, with sales increasing 118.5% to 1.53 billion yen. Amusement Facilities maintained steady performance with a slight 3.5% increase in sales.
The consolidated balance sheet as of December 31, 2012, indicates a strong financial position with total assets of 81.96 billion yen. A notable shift in the asset mix includes a significant increase in investment securities, which rose from 33.75 billion yen to 40.31 billion yen. Total liabilities decreased from 10.33 billion yen to 6.78 billion yen, primarily due to a reduction in current liabilities such as notes and accounts payable. Shareholders' equity remains robust at 79.07 billion yen, contributing to total net assets of 75.17 billion yen. These figures reflect the company's consolidated performance across its diverse entertainment portfolios in the Japanese and global markets.
