Updated Mar 21, 2026 by Koei Tecmo
Koei Tecmo reported a 35.6% decline in operating profit to ¥7.5 billion for Q1 ending June 30, 2023, driven by a near-doubling of the cost of sales to ¥6.3 billion.
Despite operational headwinds, net profit attributable to owners of the parent rose 56.3% to ¥10.6 billion, bolstered by ¥4.87 billion in gains from the sale of investment securities and ¥2.84 billion in derivative valuation gains.
Net sales for the quarter reached ¥18.3 billion, marking a 1.9% decrease compared to the same period in the previous fiscal year.
The company maintains its full-year forecast of ¥95 billion in net sales, representing a projected 21.1% increase over the prior year.
Total assets grew to ¥232.8 billion by the end of the quarter, supported by an increase in cash and deposits to ¥30.5 billion.
While the capital adequacy ratio decreased from 67.4% to 61.7%, net assets per share improved to ¥455.43.
Koei Tecmo reported a 35.6% decline in operating profit to ¥7.5 billion for Q1 ending June 30, 2023, driven by a near-doubling of the cost of sales to ¥6.3 billion.
Despite operational headwinds, net profit attributable to owners of the parent rose 56.3% to ¥10.6 billion, bolstered by ¥4.87 billion in gains from the sale of investment securities and ¥2.84 billion in derivative valuation gains.
Net sales for the quarter reached ¥18.3 billion, marking a 1.9% decrease compared to the same period in the previous fiscal year.
The company maintains its full-year forecast of ¥95 billion in net sales, representing a projected 21.1% increase over the prior year.
Total assets grew to ¥232.8 billion by the end of the quarter, supported by an increase in cash and deposits to ¥30.5 billion.
While the capital adequacy ratio decreased from 67.4% to 61.7%, net assets per share improved to ¥455.43.