FinancialKoei Tecmo
Financial Highlights for the 1st Half of the Fiscal Year Ending March 2019 (FY2018)
1 Jan 20182 pages~4 min full read
Koei Tecmo reported strong H1 FY2018 growth with net sales rising 16.7% to 17.4 billion yen and operating income surging 64.3% to 4.68 billion yen.
See it on page 1The Entertainment segment remains the core business driver, generating 15.65 billion yen in sales and 4.18 billion yen in operating income during the first half.
See it on page 1The company maintains a robust balance sheet with 126.6 billion yen in total assets, including 75 billion yen in investment securities and a strengthened equity position of 112.9 billion yen.
See it on page 2Diversified business units showed significant momentum, with the Pachislot & Pachinko segment growing revenue by 55.3% and the Amusement Facilities segment returning to profitability.
See it on page 1Total liabilities decreased from 12.3 billion yen to 9.5 billion yen by September 30, 2018, reflecting a low-debt financial profile.
See it on page 2Despite a positive full-year sales forecast of 41 billion yen, the company projects a more conservative second half with anticipated year-over-year declines in pre-tax and net income.
See it on page 1Koei Tecmo Holdings reported strong financial growth for the first half of the fiscal year ending March 2019, characterized by double-digit increases across all major profitability metrics. Net sales reached 17.4 billion yen, representing a 16.7% increase over the same period in the previous year. Operating income saw a more dramatic rise of 64.3%, totaling 4.68 billion yen, while net income grew by 24.9% to reach 6.29 billion yen. These results indicate a high level of operational efficiency, as gross profit margins expanded significantly during the period.
The Entertainment segment remains the primary driver of the company’s business, contributing 15.65 billion yen in sales and 4.18 billion yen in operating income. Other business units also showed notable momentum; the Pachislot & Pachinko segment grew its revenue by 55.3%, and the Amusement Facilities segment successfully transitioned from an operating loss in the prior year to a profit. While the company maintains a positive outlook for the full fiscal year with a sales forecast of 41 billion yen, the projections suggest a more conservative second half, with anticipated slight year-over-year declines in full-year pre-tax and net income.
The consolidated balance sheet as of September 30, 2018, reflects a robust financial position with total assets of 126.6 billion yen. A significant portion of the company’s value is held in investment securities, totaling nearly 75 billion yen. Shareholders' equity remains strong at 112.9 billion yen, and the company maintains a low debt profile, with total liabilities decreasing to 9.5 billion yen from 12.3 billion yen at the start of the fiscal year. This financial stability provides a solid foundation for the company’s continued expansion in the global entertainment market.
