Summary of Financial Results for First Quarter: Fiscal Year Ended December 31, 2023

KLab Inc. reported a first‑quarter fiscal 2023 performance that fell short of the prior year, with revenue declining to ¥2.89 billion from ¥4.11 billion (‑29.7 %). Operating income turned a loss of ¥308 million versus a ¥281 million loss in the same period last year, and ordinary income deteriorated to a ¥328 million loss from a ¥123 million loss. Net income widened to a ¥365 million loss, compared with a ¥177 million loss in FY2022 Q1. Comprehensive income also fell to ¥361 million, down from ¥224 million year‑prior.

Total assets increased modestly to ¥20.95 billion, while net assets rose slightly to ¥12.79 billion, maintaining an equity ratio of 60.9 % versus 62.9 % in FY2022. Cash and deposits were ¥6.42 billion, and short‑term debt remained at ¥1.00 billion. The company’s goodwill and intangible assets grew to ¥5.47 billion, reflecting ongoing investment in software development.

No dividends were declared for FY2022 or FY2023, and the company forecasted no dividend changes. Forecasts for full‑year 2023 performance were withheld due to calculation difficulties, with a policy to disclose them when feasible. The report notes the adoption of fair‑value measurement standards from Q1 2023, with no impact on quarterly results. Segment analysis shows the game business as the primary revenue driver, while blockchain‑related activities contributed a smaller portion. Overall, KLab’s first quarter reflected declining profitability amid continued investment in digital entertainment assets.