Updated Mar 21, 2026 by Koei Tecmo
Koei Tecmo experienced a significant decline in profitability for the nine months ending December 31, 2022, with ordinary profit falling 56.5% and profit attributable to owners of the parent dropping 52.4%.
Net sales for the nine-month period decreased by 10.6% year-on-year to 49,439 million yen, while operating profit declined by 15.2% to 22,994 million yen.
Financial performance was heavily impacted by non-operating expenses, including a 12,626 million yen loss on the valuation of derivatives and a 7,373 million yen loss on the redemption of securities.
Earnings per share for the nine-month period were halved, falling from 85.10 yen in the previous year to 42.78 yen.
Total assets contracted from 219,803 million yen in March 2022 to 189,092 million yen by December 31, 2022, primarily due to a reduction in cash, deposits, and short-term securities.
The company projects a full-year net sales recovery of 5.8% to 77,000 million yen for the fiscal year ending March 31, 2023, though full-year net income is still expected to be 33.5% lower than the prior year.
Koei Tecmo experienced a significant decline in profitability for the nine months ending December 31, 2022, with ordinary profit falling 56.5% and profit attributable to owners of the parent dropping 52.4%.
Net sales for the nine-month period decreased by 10.6% year-on-year to 49,439 million yen, while operating profit declined by 15.2% to 22,994 million yen.
Financial performance was heavily impacted by non-operating expenses, including a 12,626 million yen loss on the valuation of derivatives and a 7,373 million yen loss on the redemption of securities.
Earnings per share for the nine-month period were halved, falling from 85.10 yen in the previous year to 42.78 yen.
Total assets contracted from 219,803 million yen in March 2022 to 189,092 million yen by December 31, 2022, primarily due to a reduction in cash, deposits, and short-term securities.
The company projects a full-year net sales recovery of 5.8% to 77,000 million yen for the fiscal year ending March 31, 2023, though full-year net income is still expected to be 33.5% lower than the prior year.