Koei Tecmo Holdings achieved strong operational growth for the fiscal year ended March 31, 2023, with net sales rising 7.8% to ¥78,417 million and operating profit increasing 13.3% to ¥39,133 million.
Net income attributable to owners declined 12.5% to ¥30,935 million, primarily due to a ¥13,976 million loss on the redemption of securities and reduced gains from investment securities.
Management projects an aggressive 21.1% revenue increase to ¥95,000 million for the fiscal year ending March 31, 2024.
Despite healthy operating cash inflows of ¥29.7 billion, total cash and cash equivalents decreased by ¥7,959 million due to significant capital outflows, including ¥81.7 billion in investment security purchases and ¥17.0 billion in dividends.
The company maintains a stable financial position with total net assets of ¥142.7 billion and a capital adequacy ratio of 67.3%.
The firm continues to prioritize shareholder returns, maintaining a dividend payout ratio of approximately 50%.
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