FinancialKLab
Summary of Financial Results for Third Quarter of Fiscal Year Ended December 31, 2021: Japan
8 pages~11 min full read
KLab Inc. reported a significant downturn for the first nine months of FY2021, with revenue falling 29.0% to ¥18.7 billion compared to the same period in FY2020.
See it on page 1Operating income shifted from a profit of ¥2.25 billion in the prior year to a loss of ¥729 million, with ordinary income also declining to a loss of ¥850 million.
See it on page 5Comprehensive income dropped to a loss of ¥1.68 billion, primarily impacted by a ¥1.54 billion impairment loss on investments and a ¥167 million foreign-exchange loss.
See it on page 5The company projects a continued downward trend for the full FY2021, forecasting a 29.3% revenue decline to ¥24.0 billion and an operating loss of ¥1.6 billion.
See it on page 1Shareholders’ equity decreased from ¥16.6 billion to ¥14.4 billion, though the company maintained a stable equity ratio of approximately 70%.
See it on page 7The game business remains the primary revenue driver for KLab, with other business segments contributing only modestly to the overall financial results.
See it on page 8KLab Inc. reported a sharp decline in third‑quarter operating performance for fiscal year 2021, with revenue falling 29.0 % to ¥18.7 billion from ¥26.4 billion in the same period of FY2020. Operating income turned negative, registering a loss of ¥729 million versus a profit of ¥2.25 billion the prior year, and ordinary income declined to a loss of ¥850 million. Comprehensive income mirrored this deterioration, slipping from a profit of ¥787 million to a loss of ¥1.68 billion, largely driven by a ¥1.54 billion impairment loss on investments and a significant foreign‑exchange loss of ¥167 million. Net assets decreased to ¥14.7 billion, with shareholders’ equity falling from ¥16.6 billion to ¥14.4 billion, while the equity ratio remained stable at approximately 70 %. The company’s forecast for FY2021 projects total revenue of ¥24.0 billion, a 29.3 % decline from FY2020, and an operating loss of ¥1.6 billion, confirming the downward trend.
The financial statements cover Japan‑based operations for the first nine months of FY2021 (January 1–September 30, 2021) and are prepared under Japanese GAAP. The report includes consolidated balance sheets, income statements, comprehensive income statements, and detailed notes on equity changes, treasury stock transactions, and accounting policy adjustments. No significant changes to accounting principles were noted beyond the adoption of a special tax treatment for effective tax rate estimation. The company’s segment analysis confirms that the game business remains the primary revenue driver, while other businesses contribute modestly. Overall, KLab’s financial position weakened in the third quarter, with losses driven by investment impairments and foreign‑exchange effects, and the company anticipates continued revenue contraction for the remainder of FY2021.
