Updated Mar 17, 2026 by Nippon Ichi Software
Nippon Ichi Software reported FY2024 net sales of ¥5.34 billion, a 10.5% year-over-year increase, though operating profit fell 46.2% to ¥401 million due to higher manufacturing, advertising, and administrative costs.
The North American market is the company's primary revenue driver, accounting for ¥3.14 billion or 58.8% of total sales, largely managed through the NIS America subsidiary.
Management is attempting to reduce dependency on existing franchises by targeting 200,000 unit sales per new intellectual property, supported by investments in graphic quality and internal development systems.
The company maintains a stable cash position of ¥5.36 billion, but long-term debt increased to ¥8.8 billion to fund capital investments, specifically land acquisitions.
The entertainment segment remains the core business, contributing over 98% of total revenue, with international performance from titles like Disgaea 7 serving as a key growth catalyst.
Financial reporting for the period included significant valuations of ¥674.6 million in game content inventories and ¥426.7 million in estimated refund liabilities for overseas sales.
Nippon Ichi Software reported FY2024 net sales of ¥5.34 billion, a 10.5% year-over-year increase, though operating profit fell 46.2% to ¥401 million due to higher manufacturing, advertising, and administrative costs.
The North American market is the company's primary revenue driver, accounting for ¥3.14 billion or 58.8% of total sales, largely managed through the NIS America subsidiary.
Management is attempting to reduce dependency on existing franchises by targeting 200,000 unit sales per new intellectual property, supported by investments in graphic quality and internal development systems.
The company maintains a stable cash position of ¥5.36 billion, but long-term debt increased to ¥8.8 billion to fund capital investments, specifically land acquisitions.
The entertainment segment remains the core business, contributing over 98% of total revenue, with international performance from titles like Disgaea 7 serving as a key growth catalyst.
Financial reporting for the period included significant valuations of ¥674.6 million in game content inventories and ¥426.7 million in estimated refund liabilities for overseas sales.