Updated Mar 17, 2026 by KLab
KLab Inc. achieved a financial turnaround in Q1 2017, reporting 5.25 billion yen in revenue—an 8.9% year-over-year increase—and 935 million yen in operating income compared to a 70 million yen loss in Q1 2016.
Profit attributable to owners of the parent reached 689 million yen for the quarter, reversing the 413 million yen loss recorded in the same period of the previous year.
Growth was primarily driven by the strong performance of mobile game titles 'Love Live! School Idol Festival' and 'Bleach: Brave Souls'.
Operational efficiency improved significantly as the cost of sales decreased by 5.4% and selling, general, and administrative expenses dropped by 30.9% due to reduced advertising and event costs.
The company maintains a stable balance sheet with an equity ratio of 75.1% and total assets of 13.1 billion yen, supported by a 101 million yen foreign exchange gain.
Full-year 2017 projections use a range-based method, forecasting revenue between 17.5 billion and 22.5 billion yen and operating income between 600 million and 2.9 billion yen.
No dividends were paid for the first quarter, and the company maintains a year-end dividend forecast of zero yen.
KLab Inc. achieved a financial turnaround in Q1 2017, reporting 5.25 billion yen in revenue—an 8.9% year-over-year increase—and 935 million yen in operating income compared to a 70 million yen loss in Q1 2016.
Profit attributable to owners of the parent reached 689 million yen for the quarter, reversing the 413 million yen loss recorded in the same period of the previous year.
Growth was primarily driven by the strong performance of mobile game titles 'Love Live! School Idol Festival' and 'Bleach: Brave Souls'.
Operational efficiency improved significantly as the cost of sales decreased by 5.4% and selling, general, and administrative expenses dropped by 30.9% due to reduced advertising and event costs.
The company maintains a stable balance sheet with an equity ratio of 75.1% and total assets of 13.1 billion yen, supported by a 101 million yen foreign exchange gain.
Full-year 2017 projections use a range-based method, forecasting revenue between 17.5 billion and 22.5 billion yen and operating income between 600 million and 2.9 billion yen.
No dividends were paid for the first quarter, and the company maintains a year-end dividend forecast of zero yen.