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COLOPL Annual Report 2019

COLOPL's 2019 Annual Report outlines a company in transition, navigating a maturing mobile game market while strategically investing in diversification and new intellectual property (IP) development.

• For the fiscal year ending September 30, 2019, COLOPL experienced a 15.0% decline in net sales to ¥38,920 million and a 57.5% drop in operating profit to ¥2,952 million.
• The company is shifting its strategy from a smartphone-centric model toward a diversified entertainment portfolio, including virtual reality and location-based services, to counter volatility in the mobile gaming market.
• Financial performance was negatively impacted by a reduced volume of new title releases and diminishing returns from legacy products such as the Shironeko Project.