Updated Mar 23, 2026 by KLab
KLab Inc. achieved a significant financial turnaround in Q1 2017, reporting a net income of ¥689 million compared to a ¥414 million loss in the same period of 2016.
Consolidated revenue for the first quarter grew 8.9% year-over-year to ¥5,249 million, primarily fueled by the performance of 'Love Live! School Idol Festival' and 'Bleach: Brave Souls.'
Operating income improved to ¥935 million, reversing the ¥70 million operating loss recorded during the first quarter of 2016.
The company maintains a strong balance sheet with an equity ratio of 75.1% and total assets of ¥13,119 million, up from ¥12,133 million the previous year.
Full-year FY2017 forecasts remain broad, with revenue projected between ¥17,500 million and ¥22,500 million due to uncertainties regarding new title launches and market conditions.
KLab Inc. has declared no dividends for FY2016 or FY2017, maintaining a dividend forecast of zero.
KLab Inc. achieved a significant financial turnaround in Q1 2017, reporting a net income of ¥689 million compared to a ¥414 million loss in the same period of 2016.
Consolidated revenue for the first quarter grew 8.9% year-over-year to ¥5,249 million, primarily fueled by the performance of 'Love Live! School Idol Festival' and 'Bleach: Brave Souls.'
Operating income improved to ¥935 million, reversing the ¥70 million operating loss recorded during the first quarter of 2016.
The company maintains a strong balance sheet with an equity ratio of 75.1% and total assets of ¥13,119 million, up from ¥12,133 million the previous year.
Full-year FY2017 forecasts remain broad, with revenue projected between ¥17,500 million and ¥22,500 million due to uncertainties regarding new title launches and market conditions.
KLab Inc. has declared no dividends for FY2016 or FY2017, maintaining a dividend forecast of zero.