Updated Mar 17, 2026 by KLab
KLab Inc. experienced a 10.3% year-over-year revenue decline to 22.37 billion yen for the first nine months of 2019, driven by underperforming legacy titles like Love Live! School Idol Festival and Captain Tsubasa: Dream Team.
Operating income plummeted 57.1% to 1.71 billion yen, while profit attributable to owners of the parent fell 53.7% to 1.21 billion yen.
Profitability was compressed by a 1.0% increase in cost of sales, attributed to rising labor, outsourcing, and depreciation expenses linked to new game development.
New releases such as Magatsu Wahrheit and Love Live! School Idol Festival ALL STARS failed to generate sufficient revenue to offset the decline of the company's established product portfolio.
The company revised its full-year 2019 outlook to a fixed projection of 31.5 billion yen in revenue and 1.75 billion yen in operating income.
Despite the earnings contraction, the company maintains a stable financial position with an equity ratio of 69.2% and total assets of 23.4 billion yen.
KLab Inc. experienced a 10.3% year-over-year revenue decline to 22.37 billion yen for the first nine months of 2019, driven by underperforming legacy titles like Love Live! School Idol Festival and Captain Tsubasa: Dream Team.
Operating income plummeted 57.1% to 1.71 billion yen, while profit attributable to owners of the parent fell 53.7% to 1.21 billion yen.
Profitability was compressed by a 1.0% increase in cost of sales, attributed to rising labor, outsourcing, and depreciation expenses linked to new game development.
New releases such as Magatsu Wahrheit and Love Live! School Idol Festival ALL STARS failed to generate sufficient revenue to offset the decline of the company's established product portfolio.
The company revised its full-year 2019 outlook to a fixed projection of 31.5 billion yen in revenue and 1.75 billion yen in operating income.
Despite the earnings contraction, the company maintains a stable financial position with an equity ratio of 69.2% and total assets of 23.4 billion yen.