FinancialKoei Tecmo
Financial Highlights for the Fiscal Year Ending March 2019 (FY2018)
1 Jan 20192 pages~3 min full read
Koei Tecmo achieved record-level profits in FY2018, with net income rising 5.2% to 13,694 million yen and operating income increasing 3.3% to 12,092 million yen.
See it on page 1The Entertainment segment remains the primary business driver, generating 35,120 million yen in sales and 11,078 million yen in operating income.
See it on page 1The Pachislot and Pachinko segment experienced significant growth, with sales increasing 73.4% and operating income doubling to 587 million yen.
See it on page 1The company maintains a strong financial position with 129,192 million yen in total assets, including 76,355 million yen held in investment securities.
See it on page 2The Amusement Facilities segment successfully returned to profitability, moving from an operating loss in the previous year to a profit of 99 million yen.
See it on page 1For the fiscal year ending March 2020, the company forecasts a 10.3% increase in net sales to 43,000 million yen, alongside a projected slight contraction in net income to 13,000 million yen.
See it on page 1Koei Tecmo Holdings achieved steady financial growth during the fiscal year ending March 31, 2019, characterized by record-level profits and a stable expansion of its core business segments. Net sales reached 38,968 million yen, representing a slight year-on-year increase, while operating income rose by 3.3% to 12,092 million yen. The most significant growth was observed in net income, which climbed 5.2% to 13,694 million yen. These results demonstrate the company's ability to maintain high profitability margins, with gross profit improving by 2.9% despite relatively flat top-line revenue growth.
The Entertainment segment remains the primary driver of corporate value, contributing 35,120 million yen in sales and the vast majority of operating income at 11,078 million yen. While Entertainment sales saw a marginal dip of 0.8%, the Pachislot and Pachinko segment experienced a dramatic surge, with sales increasing by 73.4% and operating income doubling to 587 million yen. The Amusement Facilities segment also showed a successful turnaround, moving from an operating loss in the previous year to a profit of 99 million yen. Conversely, the Real Estate and Other segments saw declines in both revenue and operating income, though their overall impact on the consolidated balance sheet remains secondary to the core gaming and entertainment divisions.
The corporate financial position is robust, with total assets valued at 129,192 million yen. A significant portion of the company’s strength is tied to its investment activities, evidenced by 76,355 million yen held in investment securities. Total net assets grew to 119,284 million yen, supported by a substantial increase in retained earnings, which rose from 73,269 million yen to 80,404 million yen. Looking forward to the fiscal year ending March 2020, the company forecasts a 10.3% increase in net sales to 43,000 million yen, though it anticipates a slight contraction in net income to 13,000 million yen.
