Updated Mar 23, 2026 by Koei Tecmo
Report
Published by Koei Tecmo
Financial highlights for the third quarter of fiscal year 2012 demonstrate robust growth across Tecmo Koei Holdings’ core segments. Net sales rose to ¥35,525 million from ¥32,081 million in the prior year, a 6.5% increase that exceeded the forecasted 9.8%. Gross profit climbed to ¥13,489 million, up 11.8% year‑on‑year, while operating income surged to ¥5,758 million, a 38.3% rise driven largely by the Game Software segment, which contributed ¥4,797 million in operating profit—an 83.6% jump from the previous year’s ¥2,336 million. Online & Mobile sales increased modestly to ¥5,635 million, though operating income in that segment fell 44.2% to ¥1,034 million due to higher marketing costs. Media & Rights experienced a 98% increase in operating income, moving from a loss of ¥109 million to a profit of ¥157 million. Pachislot & Pachinko and Amusement Facilities also posted gains, with operating incomes of ¥551 million (84.0% increase) and ¥128 million (15.6% increase), respectively. Net income for the quarter reached ¥4,640 million, a 291.7% increase over the prior year’s ¥666 million, reflecting higher operating margins and favorable tax treatment. The company’s balance sheet strengthened, with total assets rising to ¥59,921 million and shareholders’ equity increasing to ¥79,070 million. Current assets grew from ¥25,836 million to ¥22,033 million, while current liabilities fell from ¥9,220 million to ¥5,691 million, improving liquidity. Investment securities expanded significantly, contributing to the asset growth. The report covers Japan‑based operations for FY2012, with data presented in millions of yen. Key metrics are derived from consolidated financial statements and segment reporting, offering a comprehensive view of performance trends across gaming software, online/mobile, media rights, and amusement sectors.
TECMO KOEI HOLDINGS CO., LTD. Financial Highlights for the 3rd Quarter of the Fiscal Year Ending March 2013 (FY2012) Summary of Consolidated Statements of Income (millions of Yen) FY2010 FY2011 FY2012 Full Year 3rd Full Year 3rd YoY Full Year YoY Results Quarter Results Quarter change Forecasts change Results Results ratio ratio Net Sales 32,081 20,860 35,525 22,206 6.5% 39,000 9.8% Gross Profit 11,558 7,100 13,489 7,940 11.8% ‑ ‑ Operating Income 3,305 1,803 5,758 2,494 38.3% 7,000 21.6% Income before income taxes and minority interests 4,515 1,727 7,479 4,020 132.7% 8,300 11.0% Net Income 2,741 666 4,640 2,612 291.7% 5,000 7.7% Net Sales by Segment (millions of Yen) FY2010 FY2011 FY2012 Full Year 3rd Full Year 3rd YoY Full Year YoY Results Quarter Results Quarter change Forecasts change Results Results ratio ratio Game Software 21,594 13,377 24,883 14,686 9.8% 26,000 4.5% Online & Mobile 5,437 4,236 5,635 3,812 ‑10.0% 6,750 19.8% Media & Rights 1,483 1,299 1,838 1,052 ‑19.0% 2,400 30.6% Pachislot & Pachinko 1,896 702 1,701 1,534 118.5% 1,900 11.7% Amusement Facilities 2,145 1,396 1,887 1,445 3.5% 1,900 0.7% Other 278 174 216 165 ‑5.3% 250 15.7% Corporate & Elimination ‑753 ‑326 ‑637 ‑492 ‑ ‑200 ‑ Total 32,081 20,860 35,525 22,206 6.5% 39,000 9.8%
99 1,838 1,052 ‑19.0% 2,400 30.6% Pachislot & Pachinko 1,896 702 1,701 1,534 118.5% 1,900 11.7% Amusement Facilities 2,145 1,396 1,887 1,445 3.5% 1,900 0.7% Other 278 174 216 165 ‑5.3% 250 15.7% Corporate & Elimination ‑753 ‑326 ‑637 ‑492 ‑ ‑200 ‑ Total 32,081 20,860 35,525 22,206 6.5% 39,000 9.8% Operating Income by Segment (millions of Yen) FY2010 FY2011 FY2012 Full Year 3rd Full Year 3rd YoY Full Year YoY Results Quarter Results Quarter change Forecasts change Results Results ratio ratio Game Software 2,336 1,370 4,797 2,515 83.6% 5,700 18.8% Online & Mobile 1,277 748 1,034 418 ‑44.2% 1,400 35.4% Media & Rights ‑109 ‑5 157 ‑98 ‑ 350 122.9% Pachislot & Pachinko 497 238 551 439 84.0% 600 8.9% Amusement Facilities 128 86 128 100 15.6% 170 32.8% Other 81 18 13 26 41.2% 80 515.4% Corporate & Elimination ‑906 ‑654 ‑925 ‑907 ‑ ‑1,300 ‑ Total 3,305 1,803 5,758 2,494 38.3% 7,000 21.6% CWS Brains has been moved from "Amusement Facilities" segment to "Online & Mobile" segment in FY2011.
TECMO KOEI HOLDINGS CO., LTD. Consolidated Balance Sheets (millions of Yen) Prior Fiscal Year Current 3rd quarter (as of March 31, 2012) (as of December 31, 2012) Assets Current Assets Cash and time deposits 6,742 6,114 Notes and accounts receivable 11,750 6,434 Marketable securities 3,930 6,714 Merchandise and Finished goods 213 182 Work in process 316 453 Raw materials 98 92 Deferred tax assets 528 626 Other current assets 2,451 1,436 Allowance for bad debts △ 196 △ 22 Total current assets 25,836 22,033 Fixed assets Property and equipment 14,387 14,136 Intangible assets Goodwill 3,738 2,684 Other 573 433 Total Intangible assets 4,312 3,118 Investments and other assets Investment securities 33,752 40,311 Claim in bankruptcy 23 6 Lease and guarantee deposits 797 751 Deferred tax assets 1,435 1,416 Other 223 187 Allowance for bad debts △ 23 △ 6 Total investments and other assets 36,210 42,666 Total assets 54,909 59,921 Total assets 80,746 81,955 (millions of Yen) Prior Fiscal Year Current 3rd quarter (as of March 31, 2012) (as of December 31, 2012) Liabilities Current liabilities Notes and accounts payable‑trade 2,421 1,059 Accounts payable‑ other 1,458 1,375 Income taxes payable 1,203 616 Accrued bonuses to employees 683 359 Accrued bonuses to directors 91 30 Allowance for sales returns 58 38 Allowance for sales discount 425 565 Allowance for customer‑discount points 12 13 Deferred tax liabilities 251 2 Other current liabilities 2,612 1,630 Total current liabilities 9,220 5
1,203 616 Accrued bonuses to employees 683 359 Accrued bonuses to directors 91 30 Allowance for sales returns 58 38 Allowance for sales discount 425 565 Allowance for customer‑discount points 12 13 Deferred tax liabilities 251 2 Other current liabilities 2,612 1,630 Total current liabilities 9,220 5,691 Long‑term liabilities Reserve for retirement benefits 560 526 Deferred tax liabilities 19 36 Other long‑term liabilities 532 526 Total long‑term liabilities 1,112 1,090 Total liabilities 10,332 6,782 Net assets Shareholders' equity Common stock 15,000 15,000 Capital surplus 24,640 25,481 Retained earnings 40,662 40,944 Treasury stock △ 2,368 △ 2,355 Total shareholders' equity 77,934 79,070 Accumulated other comprehensive income Unrealized gains or losses on securities △ 3,877 △ 571 Unrealized losses on revaluation of the land △ 3,100 △ 3,100 Foreign currency translation adjustments △ 580 △ 277 Total accumulated other comprehensive income △ 7,558 △ 3,948 Share subscription rights 38 51 Total net assets 70,414 75,173 Total liabilities and net assets 80,746 81,955
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