KOEI TECMO Holdings reported a 145.6% surge in operating income to ¥14.1 billion for the second quarter of fiscal 2020, driven primarily by a 176% increase in the entertainment division's operating income.
See it on page 1Net sales grew 39.7% year-over-year to ¥42.6 billion, while net income nearly doubled, rising 99.7% to reach ¥15.3 billion.
See it on page 1The company increased its full-year net sales forecast to ¥51 billion, representing a 19.6% year-over-year growth projection.
See it on page 1Gross profit saw significant expansion, rising 76% to ¥22.6 billion compared to the same period in the previous fiscal year.
See it on page 1Total assets reached ¥160.4 billion, bolstered by a substantial increase in investment securities to ¥87.4 billion and marketable securities to ¥7.1 billion.
See it on page 2Financial stability improved as current liabilities decreased from ¥24.1 billion to ¥21.5 billion, reflecting a reduction in short-term borrowings and trade payables.
See it on page 2Shareholders' equity grew to ¥133 billion, supported by an increase in retained earnings and a reduction in treasury stock.
See it on page 2Financial highlights for KOEI TECMO Holdings’ second quarter of fiscal 2020 reveal a robust expansion across its core entertainment segment, with net sales rising 39.7 % year‑over‑year to ¥42.6 billion and gross profit increasing 76 % to ¥22.6 billion. Operating income surged 145.6 % to ¥14.1 billion, driven largely by the entertainment division’s 176 % jump to ¥13.4 billion, while amusement and real‑estate segments posted modest gains of 88.8 % and 33.7 %, respectively. Net income nearly doubled, reaching ¥15.3 billion (99.7 % increase), and the company projected a full‑year net sales forecast of ¥51 billion, up 19.6 % from the prior year.
Balance‑sheet activity shows total assets rising to ¥160.4 billion, primarily due to a significant increase in marketable securities (from ¥337 million to ¥7.1 billion) and investment securities (to ¥87.4 billion). Current assets grew modestly, while current liabilities fell from ¥24.1 billion to ¥21.5 billion, reflecting a reduction in short‑term borrowings and trade payables. Shareholders’ equity expanded to ¥133 billion, supported by retained earnings growth and a modest decline in treasury stock.
The report covers Japan‑based operations for the fiscal year ending March 2020, with quarterly data for September 30, 2020. No survey methodology is disclosed; figures derive from consolidated financial statements prepared under Japanese GAAP. Overall, the company demonstrates strong profitability and liquidity, with strategic investment in securities bolstering its asset base.