Updated Mar 23, 2026 by KLab
KLab Inc. achieved a financial turnaround in Q1 2014, reporting a net income of ¥51 million compared to a ¥159 million loss in the same period of the previous year.
Consolidated revenue reached ¥4,425 million, a 7.2% increase from the prior quarter, driven by the strong performance of 'Love Live! School Idol Festival' and the launch of 'Celestial Craft Fleet.'
The company’s equity ratio improved significantly from 45.5% to 57.7%, while net assets grew to ¥4,846 million.
Management maintains its full-year 2014 forecast of ¥8,925 million in revenue and ¥141 million in net income, with no dividend declared for the quarter.
Total liabilities decreased by ¥28 million during the quarter, primarily due to a reduction in short-term loans.
Operating income for the quarter was ¥96 million, with ordinary income reaching ¥106 million.
KLab Inc. achieved a financial turnaround in Q1 2014, reporting a net income of ¥51 million compared to a ¥159 million loss in the same period of the previous year.
Consolidated revenue reached ¥4,425 million, a 7.2% increase from the prior quarter, driven by the strong performance of 'Love Live! School Idol Festival' and the launch of 'Celestial Craft Fleet.'
The company’s equity ratio improved significantly from 45.5% to 57.7%, while net assets grew to ¥4,846 million.
Management maintains its full-year 2014 forecast of ¥8,925 million in revenue and ¥141 million in net income, with no dividend declared for the quarter.
Total liabilities decreased by ¥28 million during the quarter, primarily due to a reduction in short-term loans.
Operating income for the quarter was ¥96 million, with ordinary income reaching ¥106 million.