Updated Mar 17, 2026 by KLab
KLab Inc. returned to profitability in Q1 2014 with a net income of 51.1 million yen, following a net loss in the same period the previous year.
Quarterly revenue grew 24.8% year-over-year to 4.4 billion yen, driven primarily by the mobile title 'Love Live! School Idol Festival' and the launch of 'Celestial Craft Fleet'.
The company executed significant structural reforms, including a workforce reduction of 141 positions and a 59.3% decrease in outsourcing expenses from their 2013 peak.
Operational efficiency was improved by liquidating unprofitable projects, consolidating domestic subsidiaries, and closing various overseas and regional offices.
Net assets increased to 4.8 billion yen, bolstered by a capital infusion from the exercise of stock subscription rights by Deutsche Bank’s London Bureau.
Management forecasts 8.9 billion yen in revenue and 216 million yen in operating income for the first half of the fiscal year, though full-year projections remain difficult due to mobile market volatility.
KLab Inc. returned to profitability in Q1 2014 with a net income of 51.1 million yen, following a net loss in the same period the previous year.
Quarterly revenue grew 24.8% year-over-year to 4.4 billion yen, driven primarily by the mobile title 'Love Live! School Idol Festival' and the launch of 'Celestial Craft Fleet'.
The company executed significant structural reforms, including a workforce reduction of 141 positions and a 59.3% decrease in outsourcing expenses from their 2013 peak.
Operational efficiency was improved by liquidating unprofitable projects, consolidating domestic subsidiaries, and closing various overseas and regional offices.
Net assets increased to 4.8 billion yen, bolstered by a capital infusion from the exercise of stock subscription rights by Deutsche Bank’s London Bureau.
Management forecasts 8.9 billion yen in revenue and 216 million yen in operating income for the first half of the fiscal year, though full-year projections remain difficult due to mobile market volatility.