Koei Tecmo’s net income rose 7.1% to ¥11,624 million for the fiscal year ending March 2017, despite a 3.4% decline in total net sales to ¥37,034 million.
See it on page 1Operating income contracted by 20.7% to ¥8,781 million, primarily driven by a 25% profit decline in the entertainment segment and a 57.2% drop in amusement facilities.
See it on page 1The company’s 'Other' segment, encompassing real estate and ancillary activities, acted as a critical hedge, with sales growing 145.7% and operating profit surging 474.1%.
See it on page 1Core gaming operations struggled, with the entertainment segment reporting a 4.9% decline in sales and the amusement facilities segment recording a 1.5% drop.
See it on page 1Total assets increased by 7.9% to ¥119,461 million, largely due to a rise in fixed assets from ¥83,495 million to ¥92,772 million following significant land acquisitions.
See it on page 2Shareholders' equity expanded to ¥105,639 million, bolstered by growth in retained earnings and a reduction in treasury stock.
See it on page 2Pachislot and pachinko operations provided a bright spot in the core business, recording an 11.4% increase in sales.
See it on page 1Koei Tecmo Holdings reported a modest improvement in fiscal performance for the year ending March 2017 compared with the prior year. Net sales fell 3.4 % to ¥37,034 million, largely due to a 4.9 % decline in the entertainment segment and a 1.5 % drop in amusement facilities, while pachislot & pachinko sales rose 11.4 %. The “Other” segment, which includes real estate and ancillary activities, grew 145.7 %, offsetting declines in core gaming operations. Operating income contracted 20.7 % to ¥8,781 million, driven by a 25 % reduction in entertainment operating profit and a 57.2 % decline in amusement facilities; the “Other” segment’s operating profit surged 474.1 %. Net income increased 7.1 % to ¥11,624 million, reflecting a 0.6 % rise in the forecasted year and a modest improvement over the previous fiscal period.
Balance‑sheet analysis shows total assets rising 7.9 % to ¥119,461 million, mainly due to higher investment securities and land values. Current assets decreased slightly as cash and receivables fell, while fixed assets grew from ¥83,495 million to ¥92,772 million, largely driven by land acquisitions. Total liabilities increased 5.8 % to ¥12,944 million, with current liabilities rising and long‑term liabilities falling. Shareholders’ equity expanded to ¥105,639 million, supported by retained earnings growth and a reduction in treasury stock.
The financial highlights cover Japan‑based operations for FY2016, presenting consolidated income statements and balance sheets in millions of yen. Data are derived from audited financial statements, with segment performance broken down by entertainment, pachislot & pachinko, amusement facilities, real estate, and other activities. The report underscores a shift toward diversified revenue streams amid declining core gaming sales.