Report

Consolidated Financial Results for the Six Months Ended September 30, 2023

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Summary

The six‑month financial results for Koei Tecmo Holdings, covering April 1 to September 30, 2023, show a robust performance. Net sales rose by 14.3 % to ¥39.7 billion, driven largely by a 24.4 % increase in operating profit to ¥13.9 billion and an ordinary profit of ¥23.2 billion, up 31.3 % from the prior year. Comprehensive income surged to ¥23.3 billion, a 415.7 % jump from the previous year’s ¥4.5 billion, reflecting significant gains in investment securities and foreign‑exchange adjustments. Basic earnings per share climbed to ¥53.24, up 23 % from ¥43.33 in the same period last year. Total assets increased to ¥234.1 billion, with net assets rising to ¥150.7 billion and a capital adequacy ratio of 64.1 %. Shareholders’ equity grew modestly, while accumulated other comprehensive income improved markedly due to a reduction in valuation losses on available‑for‑sale securities. The company maintained a stable share structure, with 336 million shares issued and an average of 315 million shares outstanding during the period. Forecasts for the full fiscal year ending March 31, 2024, project net sales of ¥95 billion and operating profit of ¥21.1 billion, indicating continued growth momentum. Dividend guidance remains unchanged, with a planned ¥50 million per share payout for the year. Overall, the results demonstrate strong profitability, solid asset growth, and a resilient earnings outlook for Koei Tecmo Holdings.

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