FinancialKoei Tecmo
Financial Highlights for the Fiscal Year Ending March 2014 (FY2013)
1 Jan 20132 pages~3 min full read
Tecmo Koei Holdings reported strong fiscal 2013 growth, with net sales rising 8.5% to 37.58 billion yen and net income surging 22.6% to 6.94 billion yen.
The Online and Mobile segment became a primary profit driver, achieving a 17.2% revenue increase and a 95.3% jump in operating income.
While Game Software remained the largest revenue contributor at 25.44 billion yen, its operating income contracted by 3.4% due to higher costs or margin shifts.
The Pachislot and Pachinko business demonstrated significant momentum with a 43.6% increase in operating income, while the Amusement Facilities segment struggled with a 42.6% decline in operating income.
The company strengthened its balance sheet by increasing total assets to 100.62 billion yen and reducing total liabilities to 11.83 billion yen.
Strategic investment in securities grew significantly, rising from 45.34 billion yen to 56.91 billion yen during the fiscal year.
Tecmo Koei Holdings achieved significant financial growth during the fiscal year ending March 31, 2014, characterized by an 8.5% increase in net sales to 37.58 billion yen. Profitability metrics showed even stronger momentum, with operating income rising 15% to 7.14 billion yen and net income surging 22.6% to 6.94 billion yen. These results reflect a successful transition toward digital and diversified entertainment segments within the Japanese and global gaming markets.
The Online and Mobile segment emerged as a primary driver of profitability, recording a 17.2% increase in revenue and a 95.3% jump in operating income. While Game Software remained the largest revenue contributor at 25.44 billion yen, its operating income saw a slight contraction of 3.4%, suggesting higher development costs or shifting margins within traditional retail software. Other growth areas included Media and Rights, which returned to profitability, and the Pachislot and Pachinko business, which grew operating income by 43.6%. Conversely, the Amusement Facilities segment struggled, with revenue and operating income declining by 7.1% and 42.6% respectively.
The consolidated balance sheet indicates a robust financial position with total assets expanding to 100.62 billion yen. A notable strategic shift is visible in the investment portfolio, where investment securities rose from 45.34 billion yen to 56.91 billion yen. Total net assets increased to 88.79 billion yen, supported by a rise in retained earnings and favorable foreign currency translation adjustments. This financial stability, paired with a reduction in total liabilities to 11.83 billion yen, positioned the company with a strong equity ratio to pursue further expansion in the digital entertainment landscape.
