Koei Tecmo reported a 23.1% increase in net profit attributable to owners of the parent to ¥16.8 billion for the first half of the fiscal year ending September 30, 2023.
Net sales grew by 14.3% year-over-year to ¥39.7 billion, though operating profit declined by 24.4% to ¥13.8 billion due to rising sales and administrative costs.
Ordinary profit surged 31.3% to ¥23.2 billion, bolstered by significant non-operating income including a ¥7.3 billion gain on derivative valuations and ¥6.7 billion from the sale of investment securities.
The company maintains a strong balance sheet with total assets of ¥234.1 billion and a capital adequacy ratio of 64.1%.
Full-year forecasts remain unchanged, with the company projecting a 21.1% annual increase in net sales to ¥95 billion.
Koei Tecmo plans to maintain a stable dividend of ¥50 per share, signaling confidence in its core gaming and investment performance.
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