Koei Tecmo Holdings Consolidated Financial Results: Nine Months Ended December 31, 2024

Key insights

7 takeaways

01
Koei Tecmo reported net sales of 52,570 million yen for the nine months ended December 31, 2024, representing a 14.0% year-on-year decline.See it on page 1
02
Operating profit fell 25.8% to 15,075 million yen, while profit attributable to owners of the parent increased 3.6% to 25,161 million yen.See it on page 5
03
Ordinary profit remained relatively stable at 33,144 million yen, a minor 2.0% decrease compared to the same period in the previous year.See it on page 5
04
The company maintains its full-year forecast for the fiscal year ending March 31, 2025, projecting 90,000 million yen in net sales and 30,000 million yen in operating profit.See it on page 2
05
Total assets decreased from 245,802 million yen as of March 31, 2024, to 238,377 million yen as of December 31, 2024, while the capital adequacy ratio improved from 71.1% to 81.7%.See it on page 1
06
Comprehensive income for the nine-month period rose by 23.0% year-on-year, reaching 37,073 million yen.See it on page 6
07
The company has not revised its dividend forecast, maintaining an annual dividend projection of 48.00 yen per share for the fiscal year ending March 31, 2025.See it on page 1

Summary

Koei Tecmo Holdings’ consolidated financial results for the nine months ended December 31, 2024, reflect a period of contraction in core operating performance offset by robust non-operating income. The company reported net sales of 52,570 million yen, representing a 14.0% decline compared to the same period in the previous fiscal year. Operating profit also saw a significant decrease of 25.8%, falling to 15,075 million yen. Despite these declines in core business segments, the company maintained a strong bottom line, with profit attributable to owners of the parent rising 3.6% to 25,161 million yen.

The financial results highlight a shift in income composition, as ordinary profit remained relatively stable at 33,144 million yen, down only 2.0% year-on-year. This stability was supported by substantial non-operating income, including 13,575 million yen in interest income and gains from securities. The company’s balance sheet remains healthy, characterized by a capital adequacy ratio of 81.7% and total assets of 238,377 million yen as of December 31, 2024.

Looking ahead to the full fiscal year ending March 31, 2025, the company maintains its previous guidance, projecting net sales of 90,000 million yen and an operating profit of 30,000 million yen. These forecasts imply a 6.4% increase in annual sales and a 5.3% increase in operating profit compared to the prior year. The company continues to operate under Japanese GAAP, and no significant changes in accounting policies or the scope of consolidation were reported for this period.