Updated Mar 17, 2026 by KLab
KLab Inc. reported a net loss of 801.3 million yen for the first nine months of 2016, a significant reversal from the 934.4 million yen profit recorded during the same period in 2015.
Revenue declined 11.9% year-over-year to 14.59 billion yen, driven primarily by underperformance in the title Love Live! School Idol Festival.
Profitability suffered sharp declines, with operating income falling 54.6% to 1.03 billion yen and ordinary income dropping 94.2% to 123.6 million yen.
The company incurred 757.7 million yen in impairment losses related to specific titles, including Puzzle Wonderland and Age of Empires: World Domination.
Non-operating financial pressures included 849.3 million yen in foreign exchange losses and 868.2 million yen in total extraordinary losses.
Despite the losses, the company maintains a stable financial position with an equity ratio of 75.4%.
The full-year forecast projects 19.29 billion yen in revenue and a net loss of 655 million yen, with increased Q4 advertising spend planned for television commercials.
KLab Inc. reported a net loss of 801.3 million yen for the first nine months of 2016, a significant reversal from the 934.4 million yen profit recorded during the same period in 2015.
Revenue declined 11.9% year-over-year to 14.59 billion yen, driven primarily by underperformance in the title Love Live! School Idol Festival.
Profitability suffered sharp declines, with operating income falling 54.6% to 1.03 billion yen and ordinary income dropping 94.2% to 123.6 million yen.
The company incurred 757.7 million yen in impairment losses related to specific titles, including Puzzle Wonderland and Age of Empires: World Domination.
Non-operating financial pressures included 849.3 million yen in foreign exchange losses and 868.2 million yen in total extraordinary losses.
Despite the losses, the company maintains a stable financial position with an equity ratio of 75.4%.
The full-year forecast projects 19.29 billion yen in revenue and a net loss of 655 million yen, with increased Q4 advertising spend planned for television commercials.