FY2018 4Q Financial Results Presentation

The presentation outlines Wright Flyer Live Entertainment’s FY2018 financial performance and strategic outlook. Net sales for the fiscal year reached 77.9 billion yen, with operating income of 9.4 billion yen, reflecting year‑on‑year growth driven by strengthened operations of existing mobile titles and successful overseas expansion. Q4 results showed 19 billion yen in sales and 1.6 billion yen in operating income, with a modest quarter‑on‑quarter increase attributed to new title launches and advertising investment. Operating margin declined due to significant capital expenditures and goodwill impairment losses linked to the 2017 acquisition of Three Minutes, which did not meet projected growth rates.

The company’s three‑pillar earnings strategy—game development, advertising and media, and live entertainment—is reinforced through aggressive investment. In gaming, the focus is on global rollout of mobile IPs such as “Another Eden,” “SINoALICE,” and “DanMachi,” with plans to release 4–5 new titles annually. Advertising and media efforts aim to build a leading vertical portfolio in Japan, while the live entertainment arm, launched via a new subsidiary, seeks to expand the VTuber ecosystem with a 10 billion yen investment.

Geographically, operations span Japan and overseas markets including North America, Europe, East Asia, and China. Methodologically, the presentation relies on internal financial data, quarterly forecasts, and strategic planning documents, with a 20 % dividend payout ratio and a commemorative dividend of 10 yen per share for the company’s tenth anniversary.