Financial Highlights for the 1st Half of the Fiscal Year Ending March 2022 (FY2021)

Koei Tecmo Holdings Co., Ltd. reported significant growth across all major financial metrics for the first half of the fiscal year ending March 2022. Net sales reached 37.22 billion yen, representing a 60.8% increase compared to the same period in the previous year. This growth was mirrored in profitability, with operating income nearly doubling to 16.42 billion yen, a 94.4% year-over-year increase. Net income also saw a substantial rise of 53.2%, totaling 18.14 billion yen.

The entertainment segment remains the primary driver of the company’s performance, contributing 35.25 billion yen in sales and 16.12 billion yen in operating income. While the amusement segment is smaller in scale, it demonstrated the highest relative growth in profitability, with operating income surging 461.8% to 191 million yen. Real estate and other smaller segments also showed positive sales trends, though their impact on the overall bottom line remains secondary to the core gaming business.

The consolidated balance sheet as of September 30, 2021, shows a stable financial position with total assets of 190.8 billion yen. A significant portion of the company's asset base is held in investment securities, valued at 107.29 billion yen. Total net assets stood at 164.98 billion yen, maintaining a strong equity ratio despite a slight decrease in accumulated other comprehensive income due to fluctuations in unrealized gains on securities.

Looking ahead to the full fiscal year, the company forecasts total net sales of 65 billion yen and an operating income of 24.5 billion yen. While the first-half results were exceptionally strong, the full-year forecast suggests a more conservative outlook for the second half, with projected year-over-year declines in net income and income before taxes, estimated at 10.3% and 7.1% respectively.