Koei Tecmo Holdings Annual Report 2013

Key insights

7 takeaways

01
Koei Tecmo Holdings achieved its third consecutive year of record-high profits for the fiscal year ending March 31, 2013, reporting a net income of 5.6 billion yen.See it on page 6
02
Consolidated net sales reached 34.6 billion yen, with the Game Software segment serving as the primary driver by contributing 23.3 billion yen in revenue.See it on page 23
03
The company maintains a stable financial position with a total asset fair value of 54,917 million yen, supported by an unqualified audit opinion from KPMG AZSA LLC.See it on page 25
04
Management attributes the fiscal success to a strategic focus on expanding established intellectual property, fostering collaborative titles, and improving operational efficiency.See it on page 3
05
Future growth strategy centers on increasing reliance on digital distribution channels and strengthening marketing capabilities to adapt to shifting market trends.See it on page 3
06
The company navigated minor financial adjustments, including a 55 million yen expense related to changes in retirement benefit accounting and revisions to depreciation methods due to tax changes.See it on page 11
07
The organization operates under a statutory tax rate of 38.0% and maintains defined policies for dividend distributions and share subscription rights to provide shareholder value.See it on page 19

Summary

Koei Tecmo Holdings achieved significant financial success during the fiscal year ending March 31, 2013, marking its third consecutive year of record-high profits. The company generated consolidated net sales of 34.6 billion yen and a net income of 5.6 billion yen. This growth was primarily driven by the robust performance of the Game Software segment, which contributed 23.3 billion yen to the total revenue. Management attributes these results to a strategic focus on expanding established intellectual property, fostering collaborative titles, and enhancing overall operational efficiency.

The company maintains a stable financial foundation, supported by a total asset fair value of 54,917 million yen. Financial operations are conducted in accordance with standardized accounting practices, including rigorous methods for asset depreciation, foreign currency translation, and the valuation of financial instruments. While the company navigated minor adjustments in depreciation methods due to corporate tax revisions and a 55 million yen expense related to changes in retirement benefit accounting, its fiscal health remains sound. An unqualified audit opinion from KPMG AZSA LLC confirms that these financial statements accurately reflect the company's performance and position.

Looking toward future growth, the organization intends to capitalize on shifting market trends by strengthening its marketing capabilities and increasing its reliance on digital distribution channels. By balancing the development of new intellectual property with the continued optimization of existing assets, the company aims to sustain its upward trajectory. With a statutory tax rate of 38.0% and clear policies regarding dividend distributions and share subscription rights, the firm remains committed to delivering value to shareholders while navigating the evolving landscape of the global gaming industry.