Updated Mar 23, 2026 by KLab
KLab Inc. reported a 33.1% year-over-year decline in revenue to ¥12.51 billion for the first nine months of 2022, primarily driven by a contraction in game business sales.
Net income improved to a loss of ¥307 million for the period, a significant reduction from the ¥1.77 billion loss recorded during the same period in 2021.
Operating income remained negative at a loss of ¥570 million, though this represents a slight improvement over the ¥729 million loss reported in the prior year.
Ordinary income shifted to a profit of ¥195 million, marking a recovery from the ¥850 million loss reported in the first nine months of 2021.
Total assets grew by 9.4% to ¥20.46 billion, with cash and deposits increasing to ¥7.08 billion despite the introduction of ¥500 million in short-term debt.
The company maintained a strong equity ratio of 64.9% and confirmed that no dividends will be declared for the 2022 fiscal year.
KLab Inc. reported a 33.1% year-over-year decline in revenue to ¥12.51 billion for the first nine months of 2022, primarily driven by a contraction in game business sales.
Net income improved to a loss of ¥307 million for the period, a significant reduction from the ¥1.77 billion loss recorded during the same period in 2021.
Operating income remained negative at a loss of ¥570 million, though this represents a slight improvement over the ¥729 million loss reported in the prior year.
Ordinary income shifted to a profit of ¥195 million, marking a recovery from the ¥850 million loss reported in the first nine months of 2021.
Total assets grew by 9.4% to ¥20.46 billion, with cash and deposits increasing to ¥7.08 billion despite the introduction of ¥500 million in short-term debt.
The company maintained a strong equity ratio of 64.9% and confirmed that no dividends will be declared for the 2022 fiscal year.