FinancialKLab
Summary of Financial Results for Third Quarter of Fiscal Year Ending December 31, 2015 (Japanese GAAP) (Consolidated)
1 Nov 201514 pages~19 min full read
KLab Inc. reported a 4.0% year-over-year revenue increase to 16.57 billion yen for the first nine months of 2015, driven almost entirely by its game business segment.
See it on page 1Operating income grew by 20.1% to 2.27 billion yen, though net income declined 27.6% to 934 million yen due to foreign exchange losses and higher income taxes.
See it on page 10The company's financial performance was anchored by the sustained popularity of 'Love Live! School Idol Festival' and the successful July 2015 launch of 'BLEACH Brave Souls,' which reached the top ten in App Store sales.
See it on page 5Selling, general, and administrative expenses rose by 25.3% as the company increased advertising investment to support new title launches.
See it on page 6The company maintains a strong balance sheet with an equity ratio of 72.8% and total assets of 13.76 billion yen.
See it on page 9Full-year 2015 forecasts project total revenue of 21.57 billion yen and a net income of 759 million yen.
See it on page 6KLab Inc. reported consolidated financial results for the first nine months of the fiscal year ending December 31, 2015, demonstrating steady revenue growth and improved operating efficiency despite a decline in net income. Revenue reached 16.57 billion yen, a 4.0% increase over the same period in 2014. Operating income rose significantly by 20.1% to 2.27 billion yen, and ordinary income grew 6.6% to 2.13 billion yen. However, net income fell 27.6% to 934 million yen, impacted by higher income taxes and foreign exchange losses.
The performance was primarily driven by the game business segment, which accounted for nearly all company revenue. Key contributors included the sustained popularity of Love Live! School Idol Festival, which saw a recovery in user spending following the release of a theatrical film, and the successful July 2015 launch of BLEACH Brave Souls. The latter reached the top ten in App Store sales rankings shortly after release. While cost of sales remained stable, selling, general, and administrative expenses increased by 25.3% due to aggressive advertising for new titles.
Geographically focused on the Japanese market with consolidated global operations, the financial status remains robust with an equity ratio of 72.8%. Total assets increased to 13.76 billion yen, supported by a rise in intangible assets and investments. For the full fiscal year 2015, revenue is forecast at 21.57 billion yen with a projected net income of 759 million yen. The methodology follows Japanese GAAP, incorporating specific accounting changes related to employee stock ownership plans and adjustments to corporate tax rates.
