Updated Mar 23, 2026 by Koei Tecmo
Koei Tecmo Holdings reported a 10.9% year-over-year decline in net sales for Q1 FY2019, totaling ¥38.97 billion and missing the company's forecast of ¥43 billion.
Operating income for the quarter fell by 58.3% to ¥12.09 billion, while net income decreased by 22.1% to ¥13.69 billion.
The core entertainment segment drove the overall decline, with sales dropping 13.4% to ¥35.12 billion compared to the same period in FY2018.
Amusement revenue provided a bright spot with a 26.9% increase to ¥3.16 billion, and real-estate sales grew by 25.1%.
Despite the sales decline, the company's equity-to-asset ratio improved as total liabilities decreased from ¥9.91 billion to ¥8.65 billion by June 30, 2019.
Total assets for the company contracted from ¥129.19 billion in March 2019 to ¥123.08 billion by the end of the first quarter.
Koei Tecmo Holdings reported a 10.9% year-over-year decline in net sales for Q1 FY2019, totaling ¥38.97 billion and missing the company's forecast of ¥43 billion.
Operating income for the quarter fell by 58.3% to ¥12.09 billion, while net income decreased by 22.1% to ¥13.69 billion.
The core entertainment segment drove the overall decline, with sales dropping 13.4% to ¥35.12 billion compared to the same period in FY2018.
Amusement revenue provided a bright spot with a 26.9% increase to ¥3.16 billion, and real-estate sales grew by 25.1%.
Despite the sales decline, the company's equity-to-asset ratio improved as total liabilities decreased from ¥9.91 billion to ¥8.65 billion by June 30, 2019.
Total assets for the company contracted from ¥129.19 billion in March 2019 to ¥123.08 billion by the end of the first quarter.