FinancialKoei Tecmo
Consolidated Financial Results for the First Six Months of the Fiscal Year Ending March 31, 2025
27 Oct 20256 pages~17 min full read
Koei Tecmo reported a double-digit decline in core profitability for the first half of fiscal year 2025, with net sales falling 11.2% to ¥31.27 billion and operating profit dropping 25.2% to ¥7.96 billion.
Comprehensive income surged 256.4% to ¥46.41 billion, driven primarily by a ¥32.4 billion valuation gain on available-for-sale securities.
Total assets grew significantly from ¥209.8 billion in March 2025 to ¥314.2 billion by September 30, 2025, bolstered by increased cash holdings and investment securities.
The company strengthened shareholders' equity to ¥214.9 billion by executing a public offering in September 2025 that reduced treasury share holdings from ¥37.7 billion to ¥3.7 billion.
Full-year forecasts for fiscal year 2026 remain unchanged, projecting a 10.6% increase in net sales to ¥92 billion alongside a 26% decline in ordinary profit to ¥37 billion.
The company has set an annual dividend of ¥43 per share, accounting for the dilution from recent public and secondary share offerings.
Koei Tecmo Holdings Co., Ltd. reported its consolidated financial results for the first six months of fiscal year 2025, covering the period from April 1, 2025, to September 30, 2025. Prepared under Japanese GAAP, the data reveals a year-on-year decline across primary profitability metrics. Net sales fell 11.2% to ¥31.27 billion, while operating profit decreased 25.2% to ¥7.96 billion. Ordinary profit and profit attributable to owners of the parent also saw double-digit declines of 15.3% and 15.7%, respectively. Despite these drops in operational earnings, comprehensive income surged by 256.4% to ¥46.41 billion, primarily driven by a significant ¥32.4 billion valuation difference on available-for-sale securities.
The consolidated balance sheet shows a substantial increase in total assets, rising from ¥209.8 billion at the end of March 2025 to ¥314.2 billion by September 30, 2025. This growth is largely attributed to a rise in investment securities and cash holdings. On the liabilities side, the company recorded ¥35 billion in short-term borrowings. Shareholders' equity improved to ¥214.9 billion, supported by the disposal of treasury shares through a public offering in September 2025, which reduced treasury share holdings from ¥37.7 billion to ¥3.7 billion.
Looking ahead to the full fiscal year ending March 31, 2026, the company maintained its previous forecasts. It expects net sales to reach ¥92 billion, representing a 10.6% increase over the prior year, though it anticipates year-on-year declines in operating profit (down 3.5% to ¥31 billion) and ordinary profit (down 26% to ¥37 billion). The projected annual dividend is set at ¥43 per share. These forecasts account for the increased number of outstanding shares following the recent public and secondary offerings.
