ReportKoei Tecmo
Financial Highlights for the 3rd Quarter of the Fiscal Year Ending March 2014: Japan
2 pages~4 min full read
Net income for Q3 of the fiscal year ending March 2014 surged 90.8% to ¥5,656 million, significantly outperforming the company's initial growth forecasts.
See it on page 1Total net sales rose 15.2% to ¥34,639 million, while operating income increased 43.5% to ¥6,208 million, driven by strong execution across core business segments.
See it on page 1Game Software remains the primary revenue driver, contributing ¥23,718 million in sales and ¥6,229 million in operating income.
See it on page 1The Online & Mobile segment demonstrated strong growth with a 21.2% increase in sales to ¥5,480 million and a 49.3% rise in operating income, signaling a successful shift toward digital platforms.
See it on page 1Amusement Facilities experienced a downturn, with sales declining 7.7% and operating income dropping 49.0% during the quarter.
See it on page 1The company’s financial position strengthened as shareholders’ equity grew to ¥84,575 million and current liabilities decreased by 42% to ¥7,097 million, improving overall liquidity.
See it on page 2Financial highlights for the third quarter of fiscal year 2013 show a robust performance, with net sales rising 15.2 % to ¥34,639 million from the prior year’s ¥22,206 million. Gross profit increased 27.2 % to ¥13,939 million, while operating income surged 43.5 % to ¥6,208 million, and net income climbed 90.8 % to ¥5,656 million. These gains outpaced the company’s own forecasts of 6.8 % growth in net sales and 12.8 % in operating income, indicating stronger-than‑expected execution.
Segment analysis reveals that Game Software remains the largest contributor, generating ¥23,718 million in sales and ¥6,229 million in operating income. Online & Mobile sales grew 21.2 % to ¥5,480 million and operating income rose 49.3 % to ¥549 million, reflecting a shift toward digital platforms. Media & Rights and Pachislot & Pachinko also posted double‑digit sales growth, while Amusement Facilities experienced a 7.7 % decline in sales and a 49.0 % drop in operating income, suggesting contraction in that area.
On the balance sheet, total assets increased modestly to ¥95,679 million, driven primarily by a rise in investment securities from ¥45,339 million to ¥56,257 million. Current assets fell 34 % due to lower cash balances and receivables, but current liabilities dropped 42 % to ¥7,097 million, improving liquidity. Shareholders’ equity grew to ¥84,575 million, supported by retained earnings and a reduction in treasury stock. Overall, the company’s financial position strengthened through higher profitability, improved cash flow management, and a solid asset base.
