Fire Emblem

Financial Results for the First Half of the Fiscal Year Ending March 2023

Koei Tecmo’s financial performance for the first half of the fiscal year ending March 2023 reflects a strategic transition toward large-scale global expansion and long-term intellectual property development.

• Koei Tecmo aims to reach 100 billion yen in sales and 40 billion yen in operating profit by the end of FY2024 through a medium-term management plan.
• Operating profit grew 11.6% to 18.32 billion yen in the first half of the fiscal year ending March 2023, despite a 6.6% decline in net sales to 34.76 billion yen.
• The company is prioritizing global expansion, with overseas markets projected to account for over 71% of total unit sales for upcoming titles like Wild Hearts and Wo Long: Fallen Dynasty.

Financial Results for the First Quarter of the Fiscal Year Ending March 2023

Koei Tecmo Holdings reported record quarterly operating profit for the first quarter of the fiscal year ending March 2023, covering the period from April to June 2022.

• Koei Tecmo achieved a record quarterly operating profit of 11.66 billion yen for Q1 FY2023, a 19.9% year-over-year increase, despite a 9.1% decline in net sales to 18.65 billion yen.
• The company's bottom line was impacted by a ~50% decline in both ordinary and net profit, driven by non-operating expenses related to a strategic portfolio restructuring.
• Console software unit sales grew by 26.1% to 3.09 million units, with overseas markets accounting for over 72% of that volume.

Nintendo Financial Results Briefing: Six Months Fiscal Year Ending March 2020

The Nintendo financial results briefing for the first half of the fiscal year ending March 2020 highlights strong momentum for the Nintendo Switch platform, driven by the successful launch of the Nintendo Switch Lite and a robust software library.

Nintendo Consolidated Financial Highlights: Six Months Ended September 30, 2019

Nintendo’s consolidated financial results for the six-month period ending September 30, 2019, demonstrate strong growth driven primarily by the expansion of the Nintendo Switch platform.

Financial Results for the First Half of the Fiscal Year Ending March 2020

Koei Tecmo reported a 4.8% year-on-year decrease in sales to ¥16.56 billion and a 26.6% drop in operating profit for the first half of the fiscal year ending March 2020.

• Koei Tecmo reported a 4.8% decrease in sales to ¥16.56 billion and a 26.6% drop in operating profit for the first half of the fiscal year ending March 2020, driven by higher development costs and lower console sales.
• Despite the initial operating profit decline, the company maintains its full-year sales forecast of ¥43 billion, a 10.3% year-on-year increase, supported by strong performance in mobile and online segments.
• The company is targeting an operating profit of ¥17 billion by the end of the next fiscal year, anchored by a goal of selling five million units for a major AAA console title and generating ¥1 billion in monthly revenue from a top-tier mobile title.

Six Months Financial Results Briefing: Fiscal Year Ending March 2019

Nintendo is currently executing a growth strategy centered on the Nintendo Switch ecosystem, aiming to solidify its market position through a combination of hardware expansion and a robust software library.

• Nintendo is driving hardware and software growth through a Switch ecosystem that now features over 1,300 titles from more than 500 publishers.
• The mobile segment has become a core revenue pillar, highlighted by Super Mario Run surpassing 300 million downloads.
• The company is utilizing a dual-pronged software strategy, combining evergreen titles with high-profile holiday releases like Super Smash Bros. Ultimate and Pokémon: Let's Go to boost hardware adoption.

Nintendo Financial Results Briefing: Fiscal Year Ended March 2018

The Nintendo financial results briefing for the fiscal year ended March 2018 outlines the company’s strategic focus on expanding the Nintendo Switch installed base, maintaining the Nintendo 3DS legacy, and scaling the smart-device business.

• Digital revenue reached a record high of 60.8 billion yen, driven primarily by downloadable software and add-on content for the Nintendo Switch.
• The Nintendo eShop ecosystem expanded rapidly, hosting over 600 titles from various publishers at a rate ten times faster than the Nintendo 3DS during its comparable launch period.
• The Nintendo 3DS family reached a cumulative total of 72 million units sold, serving as a legacy platform alongside the company's focus on Switch growth.

Corporate Management Policy Briefing: Nine Months Financial Results for Fiscal Year Ending March 2018

The corporate management policy briefing for the nine-month period ending March 2018 outlines Nintendo’s strategic focus on expanding the reach of its intellectual property across hardware, software, and smart-device platforms.

• Nintendo Switch global cumulative sell-through surpassed 13 million units by the end of 2017, with North American sales velocity outpacing the original Wii launch trajectory.
• Three flagship Switch titles—Super Mario Odyssey, Mario Kart 8 Deluxe, and The Legend of Zelda: Breath of the Wild—each exceeded 6 million units in sales, driving high hardware attach rates.
• Nintendo is expanding its platform ecosystem with the scheduled September 2018 launch of Nintendo Switch Online and the introduction of the Nintendo Labo product line.

Fiscal Year Ending March 2018: Financial Results

Koei Tecmo Holdings reported record-high profits for the fiscal year ending March 2018, driven by a successful multi-platform strategy and significant growth in overseas markets.

• Koei Tecmo achieved record-high profits for the fiscal year ending March 2018, with net sales rising 5.1% to 38.9 billion yen and operating profit surging 33.4% to 11.7 billion yen.
• International expansion drove performance, as overseas revenue grew by 30% to account for one-third of total sales, with unit sales in Europe and North America increasing by 89.8% and 60.6% respectively.
• Key titles were central to financial success, specifically Nioh with over 1.9 million copies sold and Fire Emblem Warriors surpassing 1 million units.

Six Months Financial Results Briefing: Fiscal Year Ending March 2018

The financial results briefing for the six-month period ending September 2017 outlines Nintendo’s strategic progress across three core pillars: the expansion of its smart-device business, the maintenance of the Nintendo 3DS platform, and the growth of the Nintendo Switch installed base.

• Nintendo revised its fiscal year 2018 hardware sales projection for the Nintendo Switch to 14 million units, targeting a cumulative sell-in of over 16 million units within the console's first year.
• Super Mario Odyssey achieved rapid commercial success, recording over 2 million units in global sell-through within three days of its October 2017 release.
• The smart-device business saw significant engagement, with Super Mario Run reaching 200 million downloads and Fire Emblem Heroes showing increased overseas sales.

Fiscal Year Ending March 2018: 1st Half Financial Results

Koei Tecmo Holdings reported record-breaking financial performance for the first half of the fiscal year ending March 2018, achieving all-time highs in ordinary profit and net income.

• Koei Tecmo achieved record-breaking profitability for the first half of FY2018, with ordinary profit rising 40.6% to 6.9 billion yen and net income increasing 33% to 5.0 billion yen, despite a 10% decline in total sales to 14.9 billion yen.
• The company is successfully pivoting to international markets, as overseas revenue grew 15.6%—led by a 45.9% surge in Asia—while domestic sales in Japan fell by 19.1%.
• Overseas software sales now account for 69.3% of total volume, with unit sales in North America and Europe nearly doubling compared to the previous year.

DeNA Q4 FY2016 Operating Results

DeNA’s operating results for the fiscal year 2016 demonstrate a period of financial growth and strategic transition.

• DeNA reported an annual operating profit of 23.2 billion yen for FY2016, a 17% year-over-year increase, alongside total revenue of 143.8 billion yen.
• Profit attributable to owners of the parent surged to 30.8 billion yen from 11.3 billion yen in FY2015, largely due to tax benefits and refunds related to international operations.
• The core game business achieved a 9% increase in segment profit to 28.3 billion yen despite a 7% decline in total revenue, driven by efficiencies and collaborations with Nintendo on titles like Fire Emblem Heroes and Super Mario Run.