FinancialKLab
Summary of Financial Results for First Quarter: Fiscal Year Ending December 31, 2015
14 pages~17 min full read
KLab Inc. achieved a major financial turnaround in Q1 2015, with operating income surging 960.8% to ¥1,019 million and net income rising 732.8% to ¥426 million.
See it on page 1Consolidated revenue for the first quarter grew 27.4% year-over-year to ¥5,637 million, primarily fueled by the strong performance of titles 'Celestial Craft Fleet' and 'Tales of Asteria'.
See it on page 5Comprehensive income for the quarter reached ¥471 million, representing an 872% increase compared to the same period in fiscal year 2014.
See it on page 11The company maintains a strong balance sheet with an equity ratio of 76.9% and net assets totaling ¥9,576 million.
See it on page 9Management projects continued growth for the first half of the fiscal year, forecasting revenue of ¥10,138 million and net income of ¥574 million.
See it on page 2Total assets decreased slightly to ¥12,397 million due to a reduction in cash and receivables, despite a ¥160 million increase in intangible assets.
See it on page 5No dividends were declared for FY2014 or FY2015, and the company maintains a policy of no dividend payouts for the current forecast.
See it on page 1KLab Inc. reported first‑quarter fiscal 2015 results that marked a dramatic turnaround from the same period in FY2014. Consolidated revenue rose 27.4 % to ¥5,637 million, driven by strong sales of “Celestial Craft Fleet” and “Tales of Asteria,” while operating income surged 960.8 % to ¥1,019 million and net income climbed 732.8 % to ¥426 million. The company’s comprehensive income for the quarter reached ¥471 million, an 872 % increase over FY2014. Net assets grew to ¥9,576 million, reflecting a 5.2 % rise in retained earnings and an equity ratio of 76.9 %. Total assets declined slightly to ¥12,397 million as current assets fell due to lower cash and receivables, whereas intangible assets increased by ¥160 million.
The first‑half forecast projects revenue of ¥10,138 million and net income of ¥574 million, indicating continued momentum. No dividends were declared for FY2014 or FY2015, and the forecasted dividend remains unchanged. The company applied a special accounting treatment for employee stock ownership plans, but this had no material impact on the quarterly statements. The fiscal year is covered under Japanese GAAP, with a sample of 37 million shares outstanding and an average of 36.2 million shares during the quarter. The report is based on consolidated financial statements, including balance sheets, income statements, and comprehensive income, with no significant changes in accounting policy beyond the adoption of a trust‑based employee stock plan.
