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Summary of Financial Results for First 3 Quarters of Fiscal Year Ending December 2014: Japan

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KLab Inc. reported consolidated financial results for the first three quarters of fiscal year 2014 (January 1–September 30, 2014). Revenue rose to ¥15.94 billion, a 46.4 % increase over the same period of FY2013, driven by strong sales of “Love Live! School Idol Festival” and “Celestial Craft Fleet.” Operating income reached ¥1.89 billion, ordinary income ¥1.99 billion, and net income ¥1.29 billion, marking the third consecutive quarter of record highs and a turnaround from a net loss in FY2013. Net income per share climbed to ¥38.16, up from a negative figure the previous year. Total assets increased to ¥11.58 billion, with current assets up by ¥2.89 billion largely due to cash and deposits; fixed assets declined slightly as rental deposits fell. Total liabilities dropped by ¥1.68 billion, mainly from reduced short‑term and long‑term loans, resulting in net assets of ¥8.56 billion and an equity ratio of 73.6 %. Capital stock and surplus grew substantially after new share subscriptions, while retained earnings turned positive. The company forecasts FY2014 revenue at ¥21.94 billion, operating income of ¥2.19 billion, ordinary income of ¥2.30 billion, and net income of ¥1.51 billion, assuming stable fourth‑quarter sales and a planned advertising spend of ¥1 billion. No dividends are expected for FY2014. The fiscal year change from August to December 31 was noted, and Mediaincruise Co., Ltd. was removed from consolidation after its absorption merger. The results reflect a robust recovery in the Japanese mobile gaming segment during 2014.

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Summary of Financial Results for First 3 Quarters of Fiscal Year Ending December 2014: Japan

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