FinancialAkatsuki
Consolidated Financial Results: FY3/26 – 3rd Quarter
9 Feb 202636 pages~27 min full read
Akatsuki Inc. returned to profitability in Q3 FY3/26 with ¥1,003 million in net income and a 79% year-over-year sales increase to ¥6,581 million.
See it on page 9The company committed to returning ¥10 billion to ¥15 billion to shareholders through FY2028 via a progressive dividend policy.
See it on page 24Financial performance was driven by the launch of 'Kaiju No. 8 The Game' and sustained revenue from the legacy title 'Dragon Ball Z Dokkan Battle'.
See it on page 12Investment activities generated ¥2.2 billion in proceeds over the first nine months of the fiscal year through one IPO and two M&A exits.
See it on page 19Operational strategy has shifted toward 'selection and concentration,' resulting in reduced R&D spending and a decrease in permanent gaming staff despite rising costs from new subsidiary integrations like PAPABUBBLE.
See it on page 8Total assets decreased to ¥57,687 million by the end of the third quarter, primarily due to a reduction in accounts receivable.
See it on page 28Akatsuki Inc. achieved a significant financial turnaround in the third quarter of the fiscal year ending March 2026, characterized by a 79% year-over-year increase in consolidated sales to ¥6,581 million and a return to profitability with net income reaching ¥1,003 million. This performance was underpinned by a strategic reorganization into three core segments: Games & Comics, Entertainment & Lifestyle, and AI/DX Solutions. Growth was primarily catalyzed by the successful launch of Kaiju No. 8 The Game and the sustained operational efficiency of legacy titles such as Dragon Ball Z Dokkan Battle, which continues to drive revenue despite inherent seasonal fluctuations tied to major anniversary events.
The company’s operational structure has shifted toward a model of selection and concentration, marked by strategic M&A activity and a reduction in research and development spending as major projects moved into the operational phase. While personnel and outsourcing costs rose due to the integration of new subsidiaries like PAPABUBBLE and Akatsuki AI Technologies, the core gaming workforce saw a downward trend in permanent staff. Investment activities remain a vital component of the corporate value proposition, with ¥2.2 billion in proceeds realized from exits, including one IPO and two M&A transactions, during the cumulative nine-month period.
Future strategy focuses on global IP expansion and optimized capital allocation, supported by a strategic alliance and a commitment to shareholder returns. The company has established a plan to return between ¥10 billion and ¥15 billion to shareholders through fiscal year 2028, utilizing a progressive dividend policy. Despite a slight decrease in total assets to ¥57,687 million due to lower accounts receivable, the group maintains a robust financial position intended to support long-term growth across its diversified entertainment and technology portfolio.
