Updated Mar 17, 2026 by KLab
KLab Inc. reported a significant Q1 2019 downturn, with consolidated revenue falling 18.4% year-over-year to 6.47 billion yen.
Profitability suffered sharper declines than revenue, as operating income dropped 70.9% to 391 million yen and net profit fell 63.2% to 296 million yen.
The primary driver for the revenue contraction was the declining performance of the mobile title Love Live! School Idol Festival.
Despite lower earnings, total assets grew by 2.3 billion yen to 21.5 billion yen, driven by increases in operating investment securities and software in progress.
KLab maintains a full-year 2019 revenue forecast between 32 billion and 40 billion yen, though management cited the inherent volatility of new game success as a primary risk factor.
The company’s operational scope expanded to include a venture capital segment following the consolidation of KVP Inc. and its associated funds.
KLab Inc. reported a significant Q1 2019 downturn, with consolidated revenue falling 18.4% year-over-year to 6.47 billion yen.
Profitability suffered sharper declines than revenue, as operating income dropped 70.9% to 391 million yen and net profit fell 63.2% to 296 million yen.
The primary driver for the revenue contraction was the declining performance of the mobile title Love Live! School Idol Festival.
Despite lower earnings, total assets grew by 2.3 billion yen to 21.5 billion yen, driven by increases in operating investment securities and software in progress.
KLab maintains a full-year 2019 revenue forecast between 32 billion and 40 billion yen, though management cited the inherent volatility of new game success as a primary risk factor.
The company’s operational scope expanded to include a venture capital segment following the consolidation of KVP Inc. and its associated funds.