FinancialKoei Tecmo
Consolidated Financial Results for the Nine-Month Period Ending December 31, 2025
1 Dec 20256 pages~17 min full read
Koei Tecmo reported a contraction in core performance for the nine months ending December 31, 2025, with net sales falling 1.6% to ¥51,729 million and operating profit declining 3.3% to ¥14,571 million.
Despite lower operating earnings, comprehensive income surged 52.0% to ¥56,359 million, primarily fueled by valuation gains on available-for-sale securities.
The company’s total assets grew significantly to ¥311,492 million by December 31, 2025, driven by an expansion in investment securities to ¥127,532 million.
Full-year forecasts for March 31, 2026, project a 10.6% increase in net sales to ¥92,000 million, yet profitability is expected to decline, with net profit projected to drop by 28.2%.
In September 2025, the company executed a major capital action by disposing of over 18 million treasury shares through public and secondary offerings.
The company’s equity-to-asset ratio moderated from 89.9% to 82.8% as net assets reached ¥258,716 million during the nine-month period.
Management has maintained a dividend forecast of ¥43.00 per share for the fiscal year ending March 31, 2026.
Koei Tecmo Holdings Co., Ltd. reports its consolidated financial results for the nine-month period ending December 31, 2025, reflecting a period of slight contraction in sales and profitability compared to the previous year. Net sales reached ¥51,729 million, a 1.6% decrease year-on-year, while operating profit fell 3.3% to ¥14,571 million. Ordinary profit and profit attributable to owners of the parent also saw declines of 6.2% and 5.5% respectively, with the latter totaling ¥23,780 million. Despite these dips in earnings, comprehensive income rose significantly by 52.0% to ¥56,359 million, driven largely by a substantial increase in valuation differences on available-for-sale securities.
The company’s financial position strengthened considerably during this period, with total assets increasing from ¥209,828 million at the end of March 2025 to ¥311,492 million by December 31, 2025. This growth was supported by a rise in cash and deposits to ¥51,319 million and a significant expansion in investment securities, which reached ¥127,532 million. Net assets grew to ¥258,716 million, although the equity-to-asset ratio moderated from 89.9% to 82.8%. A notable corporate action during the period included the disposal of over 18 million treasury shares through public and secondary offerings in September 2025, which contributed to the shift in shareholders' equity.
Looking ahead to the full fiscal year ending March 31, 2026, the forecast anticipates net sales of ¥92,000 million, representing a 10.6% increase over the previous year. However, profitability is expected to remain under pressure, with projected declines in operating profit (down 3.5%), ordinary profit (down 26.0%), and net profit (down 28.2%). The company maintains a dividend forecast of ¥43.00 per share for the fiscal year-end. These results and projections, prepared under Japanese GAAP, cover the company’s global operations across its various entertainment and investment segments.
