- 01
KLab Inc. significantly outperformed its Q3 2014 earnings forecasts, with operating income rising 45.9% to 1,891 million yen and ordinary income increasing 54.6% to 1,999 million yen.
- 02
The company’s revenue for the first nine months of 2014 is projected to reach 15,940 million yen, a 2.3% increase over previous estimates and a major turnaround from the losses reported in the same period of 2013.
- 03
Strong sales from mobile titles 'Love Live! School Idol Festival' and 'Celestial Craft Fleet' were the primary drivers of the company's improved financial performance.
- 04
Net income for the nine-month period is forecasted at 1,290 million yen, reflecting a 25% increase over the company's prior estimate.
- 05
KLab Inc. recognized an extraordinary impairment loss of 98 million yen related to the revaluation of fixed assets within its gaming division.
- 06
The core mobile gaming portfolio's profitability was sufficient to offset the 98 million yen impairment loss, allowing for an upward revision of the total fiscal outlook.