Updated Mar 23, 2026 by KLab
KLab Inc. experienced a 90.4% collapse in operating income to ¥37 million in Q1 2020, down from ¥391 million in the same period the previous year.
The company swung to a net loss of ¥134 million in Q1 2020, compared to a profit of ¥296 million in Q1 2019.
Revenue grew modestly to ¥7,420 million from ¥6,468 million, despite the broader contraction in profitability attributed to COVID-19 impacts.
Comprehensive income declined significantly to a loss of ¥449 million, driven by a ¥121 million foreign-exchange loss and a ¥26 million equity-method investment loss.
Total assets decreased to ¥22.7 billion from ¥23.7 billion, while cash and deposits fell to ¥5.9 billion.
The company maintained an equity ratio of 66.6% and declared no dividends for the 2020 fiscal year.
In May 2020, the company executed a disposal of treasury stock as restricted compensation, following a period of stable share counts at approximately 38 million.
KLab Inc. experienced a 90.4% collapse in operating income to ¥37 million in Q1 2020, down from ¥391 million in the same period the previous year.
The company swung to a net loss of ¥134 million in Q1 2020, compared to a profit of ¥296 million in Q1 2019.
Revenue grew modestly to ¥7,420 million from ¥6,468 million, despite the broader contraction in profitability attributed to COVID-19 impacts.
Comprehensive income declined significantly to a loss of ¥449 million, driven by a ¥121 million foreign-exchange loss and a ¥26 million equity-method investment loss.
Total assets decreased to ¥22.7 billion from ¥23.7 billion, while cash and deposits fell to ¥5.9 billion.
The company maintained an equity ratio of 66.6% and declared no dividends for the 2020 fiscal year.
In May 2020, the company executed a disposal of treasury stock as restricted compensation, following a period of stable share counts at approximately 38 million.