Financial Highlights: 3rd Quarter of the Fiscal Year Ending March 2019

Net sales rose 11.5% to ¥38,926 million in Q3 FY2018.

KOEI TECMO Holdings reported strong growth in the third quarter of FY2018. Net sales increased from ¥26,806 million in the same period of FY2017.

Operating income surged 24.9% to ¥11,711 million in Q3 FY2018.

Operating income increased significantly year over year. Gross profit also rose 16.1% to ¥19,360 million during the quarter.

Net income climbed 2.5% to ¥13,017 million in Q3 FY2018.

Net income increased modestly year over year. The result fell 4.0% short of the company's ¥12,500 million forecast.

Net income. Net income reached ¥13,017 million, representing a 2.5% increase.

Entertainment sales reached ¥35,389 million, up 12.4% year over year.

The entertainment segment drove the majority of performance. Operating income from entertainment reached ¥10,938 million, up 28.1% YoY.

Pachislot & pachinko sales increased 74.4% to ¥1,287 million.

The pachislot & pachinko segment saw significant growth. Operating income jumped 92.5% to ¥474 million in the quarter.

Real estate and other segments showed mixed results in Q3 FY2018.

Real estate operating income fell 20.3% and other segment income declined 90.6%. Amusement facilities sales also declined by 6.0%.

Current liabilities fell from ¥11,027 million to ¥5,716 million.

Liquidity improved significantly between March and December 2018. Current liabilities were nearly halved during this period.

Total assets decreased to ¥116,220 million from ¥128,594 million.

Total assets declined from the start of the fiscal year. The reduction was largely due to current assets and investment securities.

Shareholders' equity increased modestly to ¥114,088 million.

Shareholders' equity rose from ¥113,178 million to ¥114,088 million. The company maintains a strong cash base of ¥5,120 million.

Net assets rose from ¥116,242 million to ¥109,561 million.

Net assets changed between March and December 2018. The report attributes this to other comprehensive income and foreign-currency adjustments.