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Consolidated Financial Results: FY3/25

Consolidated Financial Results The contents in this material reflect information and our opinions only as of ourselves to revise or publicly release the results of any revision to these forward looking statements in light of new information or future events. You Akatsuki Inc. May 9, 2025 that could cause actual results to differ materially.

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Akatsuki

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Consolidated Financial Results for the Nine Months Ended December 31, 2021

Consolidated Financial Results for the Nine Months Ended December 31, 2021 Stock exchange listing: Tokyo Stock Exchange Representative: Koki Kimura, President and Representative Director Inquiries: Hiroyuki Ohsawa, Director and CFO Scheduled date of filing quarterly securities report: February 7, 2022 Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Available Schedule of quarterly financial results briefing session: S...

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mixi

Report

FY2019 Q1 Financial Results Briefing

The briefing presents FY2019 Q1 financial results for a Japanese game and entertainment company, highlighting net sales of 18.2 billion yen, operating income of 1.6 billion yen, and EBITDA of 1.9 billion yen—slightly below the previous quarter but meeting internal forecasts. Net income benefited from a 1 billion yen gain on investment securities, offsetting prior goodwill impairment losses. Operating costs improved markedly through advertising efficiency, though fixed expenses rose due to strategic investments in future growth and an acquisition of ORATTA. Strategic initiatives focus on expanding overseas mobile game distribution, launching new titles such as Wild Arms: Million Memories and DanMachi in South Korea, Taiwan, Hong Kong, and planned releases in Macau. The company is also developing multi‑platform messenger games (Fishing Star QUICK, Driland) and a live‑streaming platform for VTubers called REALITY, which enables gifting and single‑smartphone VTuber creation. Partnerships with King Records, Idea Factory, and others support music and event projects for VTubers. The Q2 earnings forecast projects net sales of 17–18 billion yen and operating income of 1–1.5 billion yen, reflecting anticipated fluctuations from new overseas distribution and the performance of titles like Another Eden. Methodologically, the company bases forecasts on recent business trends and incorporates a range to account for volatility inherent in game sales. The briefing covers domestic and international markets, mobile and console segments, live entertainment, and media advertising, underscoring a diversified growth strategy across multiple platforms.

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GREE

Report

Financial Results for the Third Quarter: Fiscal Year Ending June 30, 2012

Financial Results for the Third Quarter of the Fiscal Year Ending June 30, 2012 Initiatives to Improve User Environment FY2012 Third Quarter Business Results Initiatives to Improve User Environment Making the world a better place through the power of the Internet Provide a wide range of useful Internet services to people around the world Encourage more people around the world to use GREE Services that enrich communication Ongoing initiatives to create a safer between GREE users ...

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GREE

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Consolidated Financial Results for the Three Months Ended June 30, 2020

The quarterly filing presents mixi, Inc.’s consolidated financial performance for the first quarter of fiscal 2021 (April 1–June 30, 2020). Net sales rose to ¥29.36 billion from ¥20.78 billion a year earlier, reflecting a 41.3 % increase driven by growth in the Digital Entertainment and Sports Business segments. Operating income surged to ¥7.48 billion, up 370 % from the prior year’s ¥1.59 billion, while EBITDA reached ¥8.49 billion, a 324 % jump. Ordinary income attributable to owners of the parent climbed to ¥4.89 billion, and comprehensive income for the quarter reached ¥4.97 billion, a 403 % increase over the previous year’s ¥987 million. Basic earnings per share rose to ¥64.92 from ¥14.74, and diluted EPS increased to ¥64.31. Total assets stood at ¥203.49 billion, with net assets of ¥181.61 billion and an equity ratio of 88.7 %. Cash and cash equivalents were ¥132.12 million, up from ¥125.43 million, while short‑term borrowings increased to ¥993 million. The company maintained a stable dividend policy, continuing the ¥55 million quarterly payment announced for fiscal 2020 and 2021. The forecast for the full fiscal year ending March 31, 2021 projects net sales of ¥105.0 billion (a 6.4 % decline from the prior year), EBITDA of ¥18.0 billion (10.3 % decline), and ordinary income of ¥14.0 billion (18.4 % decline). The forecast revision reflects anticipated headwinds in the entertainment sector. Methodologically, the report follows Japanese GAAP, consolidating all subsidiaries without changes in scope during the quarter. Segment reporting was redefined at the start of FY2021, separating Digital Entertainment, Sports, and Lifestyle businesses. No significant accounting policy changes or restatements were noted. The filing includes a detailed cash‑flow analysis, segment profitability, and notes on significant subsequent events such as the grant of subscription rights to directors and the planned establishment of a new entertainment‑focused investment subsidiary.

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mixi

Report

Consolidated Financial Results: Fiscal Year Ending December 2025

The consolidated financial results for the fiscal year ending December 2025 show a reversal from a loss to profitability, driven by the online‑game segment. Total revenue fell 7 % to ¥15,826 million from ¥17,086 million in the prior year, while operating profit swung to a positive ¥2,079 million after covering a ¥552 million loss in 2024. Ordinary profit rose to ¥1,411 million from a ¥150 million loss, and net income attributable to parent shareholders reached ¥1,086 million versus a ¥341 million loss previously. Earnings per share improved to ¥23.27 from a negative ¥7.49, reflecting the elimination of prior losses and stable cash flows. Balance‑sheet strength increased, with total assets rising to ¥9,205 million and equity climbing to ¥6,896 million, yielding a 74.7 % equity ratio. Cash and equivalents grew to ¥5,498 million, supported by a strong operating cash flow of ¥4,530 million. Investment outflows were offset by equity financing, while short‑term borrowing increased modestly. The company’s single operating segment—mobile online gaming—remains the core driver, with strategic collaborations (e.g., Square Enix) and new IP launches sustaining revenue. Forecasts for the first quarter of FY 2026 project a 34 % decline in sales and operating profit, reflecting market volatility. No dividends were declared for 2024 or 2025, and the dividend policy remains undetermined for FY 2026. The report follows Japanese GAAP, with no significant accounting changes noted.

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Aiming

Report

Consolidated Financial Results for the Fiscal Year Ended March 31, 2015: Japan

Consolidated Financial Results for the Fiscal Year Ended March 31, 2015 Stock exchange listing: Tokyo Stock Exchange Representative: Hiroki Morita, President Inquiries: Yasuhiro Ogino, Director and Executive General Manager, Administrative Headquarters Scheduled date of Ordinary General Meeting of Shareholders: June 25, 2015 Scheduled date of commencing dividend payments: June 8, 2015 Scheduled date of filing securities report: June 26, 2015 Availability of supplementary briefing materials on fi...

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mixi

Report

Financial Results for the First Quarter of the Fiscal Year Ending March 2021

The first‑quarter financial results for the fiscal year ending March 2021 demonstrate a record‑high operating profit of 4.3 billion yen, driven largely by robust royalty income from the “Romance of the Three Kingdoms Senryaku‑ban” licensing‑out business and strong back‑catalogue sales of titles such as Nioh 2. Sales rose 57.2 % year‑on‑year to 11,363 million yen, with operating profit increasing 358.6 % to 4,387 million yen and net profit up 199.8 % to 6,628 million yen. The company attributes the profit surge to a 38.6 % operating‑profit ratio, achieved despite higher fixed costs from expanded development capacity; a 124 million yen extraordinary loss related to COVID‑19 shutdowns was recorded. Geographically, overseas sales accounted for 61.7 % of total revenue, up 145.8 %, with Asia contributing the largest growth (207.5 %). Digital sales doubled, reaching 49.1 % of total units sold, and console package and download revenues increased by 60.4 % and 101.0 %, respectively. The entertainment segment dominated, with sales of 10,742 million yen versus 6,385 million yen in the prior year. Methodologically, figures derive from consolidated financial statements and segment reporting. The report notes ongoing uncertainties due to COVID‑19, including remote work adjustments and temporary facility closures, but indicates a return to pre‑pandemic productivity levels. The company also outlines upcoming releases, including new mobile titles and a Dynasty Warriors licensing‑out title in China.

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Koei Tecmo

Report

First-Quarter 2023/24 Sales: Confirmation of 2023/24 Guidance

NACON reported first‑quarter sales of €38.5 million for the 2023/24 financial year, a 9.3 % decline from €42.4 million in the same period of 2022/23. Gaming revenue remained essentially flat at €27.4 million, with catalogue sales of new titles up 4.5 % to €15.6 million and back‑catalogue sales down 6.8 % to €11.8 million, reflecting a high base from previous growth. Accessories sales fell sharply by 25.5 % to €10.4 million, though management notes an upward trend that should resume in the third quarter as new controllers and headsets receive strong pre‑orders. Mobile and audio sales, classified under “Other,” declined 21.6 % to €0.6 million. The company highlights strong performance of specific new releases—Tour de France and TT Isle of Man Ride on Edge 3, each outperforming earlier versions by 20 % and 10 %, respectively—and the exceptional early‑access launch of Ravenswatch. Back‑catalogue growth is expected to recover in Q2 with the addition of 2022/23 releases, while the accessories segment is projected to rebound from Q3 onward due to an expanding console installed base and promising new products. NACON’s outlook for 2023/24 remains bullish, citing a dense release schedule of roughly 20 new games—including Overpass 2 and AD Infinitum in Q2, and Robocop: Rogue City, Gangs of Sherwood, Cricket 24, and Astérix & Obelix: Heroes in Q3—alongside anticipated sales and operating income growth. The company maintains confidence in achieving strong financial performance for the year, with a second‑quarter sales announcement scheduled for 30 October 2023.

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Nacon

Report

Summary of main questions and answers at the FY2019 Second Quarter GREE results briefing held on February 4, 2019 PDF

The briefing focused on the performance and strategic outlook of GREE’s flagship title “Another Eden” following its overseas launch on January 29, 2019. Early sales data indicate a strong start abroad, with overseas user numbers already surpassing domestic figures. The company attributes this success to effective advance marketing and anticipates that limited overseas development costs—primarily translation—will translate into significant profit contributions. Marketing hypotheses for each target region were validated by current sales trends, confirming that the user profiles initially targeted align with actual players. In addressing future profitability, GREE disclosed a planned divestiture of unprofitable titles. The company estimates that this will reduce third‑quarter sales by several hundred million yen but will have a negligible impact on operating income, as overseas gains from “Another Eden” are expected to offset declines in existing titles. Concurrently, investment in new game development will increase, particularly during later production phases when outsourced labor and content creation intensify. Advertising spend is projected to remain flat domestically while allocating several hundred million yen for overseas promotion of “Another Eden.” A one‑time accounting adjustment in the first quarter, where variable costs were misclassified as overseas rather than domestic, was corrected in the second quarter. GREE clarified that this revision is isolated and will not recur. Overall, the briefing outlined a strategy of leveraging overseas market penetration to drive profitability while managing development and marketing expenditures in alignment with projected sales trajectories.

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GREE

Report

2025 Third Quarter Earnings Report

The quarterly financial statement presents a mixed performance for the company in 2025 Q3, with revenue falling 21.7 % YoY to KRW 127.5 billion while operating expenses declined 14.3 % YoY to KRW 132.9 billion, reflecting ongoing cost‑control measures such as workforce optimization and marketing efficiency. Mobile game sales dropped 34.1 % YoY to KRW 84.8 billion, driven by the end‑of‑life of key titles and weaker global demand; PC game sales rose 24.7 % YoY to KRW 42.7 billion, largely due to a successful collaboration update of “BattleGround.” Operating profit turned negative for the third consecutive quarter, reaching –KRW 5.4 billion, but the margin improved to –4.3 % from –10.1 % in Q1, indicating a gradual recovery. Net income swung to a positive KRW 34.6 billion, reversing a deep loss of –KRW 336 billion in Q2, largely attributable to favorable tax and financial gains. The balance sheet shows total assets of KRW 307.6 billion, with cash and equivalents at KRW 56.1 billion, while total liabilities decreased to KRW 165.7 billion, improving the equity ratio. Operating cash flow remains modest, and the company’s debt profile is stable with a moderate decline in long‑term liabilities. Geographically, revenue is concentrated in Korea and global markets for mobile titles; PC game sales are primarily domestic with some international reach. The period covered spans Q3 2024 to Q3 2025, with a focus on mobile and PC gaming segments. The report relies on Korean International Financial Reporting Standards and includes estimates pending external audit completion, noting that certain figures may adjust post‑audit.

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Kakao Games

Report

Summary of Main Supplementary Explanations Questions and Answers: FY2024 Second Quarter

The briefing clarified GREE’s strategic priorities and financial outlook for the second quarter of FY2024. Recent events for Heaven Burns Red celebrated its two‑year anniversary, generating strong performance and reinforcing the company’s focus on successful titles. The decision to discontinue support for SINoALICE was framed as a timing choice aligned with the broader development trajectory of GREE’s Game and Anime Business, indicating a shift toward more promising projects. Development activities continue to progress smoothly, though specific release dates remain undisclosed. In the VTuber segment, GREE plans aggressive investment to expand its talent pool and enhance competitiveness through its talent agencies. Talent auditions are evaluated on past streaming performance, character fit with the existing portfolio, and audience engagement capabilities. Investment business conditions are described as improving; after a period of inflated valuations—particularly in the United States—market values have stabilized, creating a favorable environment for new investments. GREE’s established network in gaming and metaverse sectors positions it to accumulate additional investment assets. Financial projections for the third quarter exclude the Investment Business, estimating consolidated operating income of approximately ¥1.5 billion. For the full fiscal year FY2024, the company forecasts consolidated operating income of roughly ¥5.0 billion under the same exclusion. These figures suggest a steady growth trajectory driven by core gaming, anime, and VTuber operations while maintaining a cautious stance on investment activities.

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GREE

Report

Summary of Main Supplementary Explanations Questions and Answers: FY2022 Third Quarter GREE Results Briefing

The briefing clarifies GREE’s operational status and financial outlook for FY2022 third quarter, focusing on game releases, overseas distribution, user acquisition, and investment performance. Heaven Burns Red is positioned as a long‑term growth engine; the company plans to add content and implement creative training cycles, leveraging experience from titles like Another Eden. Echoes of Mana, launched April 27, 2022, has already met key performance indicators and will receive ongoing promotional support. Simultaneous global releases of That Time I Got Reincarnated as a Slime: ISEKAI Memories and Echoes of Mana have performed strongly overseas, prompting consideration of further international launches for other titles. User acquisition and engagement for the mobile title REALITY have improved through sustained promotional activities in Japan and abroad, with notable success in North America via targeted events and functional enhancements. Financially, the company experienced a cumulative loss for the third quarter; this is attributed to a decline in the Investment and Incubation Business relative to FY2021, despite steady growth in Internet and Entertainment operations driven by new hit titles. The Investment segment’s volatility over short periods is noted as a contributing factor. Looking ahead to the fourth quarter, GREE projects operating income in the Internet and Entertainment Business between ¥2.5 billion and just under ¥3.0 billion, assuming continued strong sales of Heaven Burns Red and stable market trends for new releases. The outlook remains contingent on title performance dynamics.

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GREE

Report

Financial Results for the Second Quarter of FY2019

The second‑quarter fiscal 2019 results show net sales of ¥17.7 billion, operating income of ¥1.0 billion and EBITDA of ¥1.2 billion, aligning closely with forecasts after adjusting for a ¥160 million variable‑cost revision that had been misrecorded in the prior quarter. Operating margin stands at 5.4 %. Variable costs fell to ¥7.27 billion, aided by a ¥400 million reduction in advertising spend and declining commission fees; fixed costs rose by ¥430 million due to increased outsourcing for full‑scale development investment, bringing total costs to ¥16.76 billion. Geographically, the company expanded overseas distribution of its flagship titles—DanMachi and SINoALICE—to Hong Kong, Taiwan, and North America, with another first‑party IP, Another Eden, slated for global self‑distribution. Multi‑platform releases included Fishing Star on Nintendo Switch and a new VTuber livestreaming app, REALITY Avatar. The company’s strategy emphasizes nurturing first‑party IPs to improve long‑term profitability, while maintaining third‑party titles and leveraging self‑distribution where possible. For the third quarter, net sales are projected between ¥16.5 and ¥17.5 billion with operating income ranging from ¥300 to ¥800 million, reflecting continued investment in new titles and the expected impact of overseas expansion. The balance sheet remains solid, with fixed assets at ¥17 billion and investment securities valued at approximately ¥25 billion, including venture‑capital holdings. Overall, the company maintains confidence in its financial base while pursuing aggressive international growth and IP development.

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GREE

Report

Summary of Financial Results for First Half of Fiscal Year Ending December 31, 2018

KLab Inc. reported first‑half fiscal 2018 results that marked a significant revenue surge, driven largely by the successful launch of “Captain Tsubasa: Dream Team.” Consolidated revenue rose 46.3% to ¥15,986 million, while operating income increased 31.7% to ¥2,593 million and profit attributable to owners of parent grew 17.8% to ¥1,714 million. Net income per share climbed from ¥39.65 to ¥46.02, reflecting a 16% rise in earnings. Total assets expanded by ¥324 million to ¥18,934 million, with net assets growing 9.3% to ¥13,777 million and the equity ratio improving from 67.4% to 72.7%. Cash balances fell, whereas software in progress and investment securities rose, indicating a shift toward development and strategic investments. The company maintained its dividend policy at ¥0 per share for the year, with a special dividend of ¥9 issued in February 2018. Forecasts for full fiscal year 2018 present a revenue range of ¥30,000–33,000 million and operating income between ¥2,750–4,250 million, reflecting sensitivity to new title performance. KLab adopted the ASBJ Practical Issues Task Force No. 36 accounting standard for employee stock‑option transactions effective April 2018, and disclosed significant treasury‑stock disposals that increased capital surplus while reducing retained earnings. Geographically, the report covers Japan only, covering the period January 1 to June 30, 2018. The analysis relies on consolidated financial statements prepared under Japanese GAAP, with no external audit of the quarterly summary.

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KLab

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Notice Concerning Non-Operating Income Recorded for Fourth Quarter FY2016 and Revision of Earnings Forecasts for FY2016

KLab Inc. announced that it will record 460 million yen of non‑operating income from foreign currency exchange gains in the fourth quarter of FY2016, primarily due to re‑valuation of foreign currency assets. This adjustment is expected to reduce the group’s overall foreign currency exchange losses for the full fiscal year to 388 million yen. The company also revised its consolidated earnings forecast for FY2016, reflecting higher revenue and lower operating profit than initially projected. Revenue is now expected at 19,599 million yen versus the previous estimate of 19,290 million yen, an increase of 309 million yen (1.6%). Operating profit is projected at 1,274 million yen compared with the earlier forecast of 1,381 million yen, a decline of 107 million yen (7.7%). Ordinary income is projected at 830 million yen, up from the prior estimate of 523 million yen (58.7% increase). Net income attributable to owners of the parent is now forecast at –814 million yen, a larger loss than the previously projected –655 million yen (a 24.3% worsening). The revisions stem from stronger-than‑expected sales of Love Live! School Idol Festival and Bleach: Brave Souls, higher outsourcing and subcontracting costs linked to joint‑development projects, and losses from the liquidation of a subsidiary and valuation write‑downs on investment securities. The company will release detailed financial results for FY2016 and forecasts for FY2017 on February 10, 2017.

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KLab

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Summary of Financial Results for Third Quarter of Fiscal Year Ending December 31, 2015

KLab Inc. reported consolidated financial results for the third quarter of fiscal year 2015 (January 1–September 30, 2015). Revenue increased by 4.0 % to ¥16.57 billion, driven mainly by the release of “BLEACH Brave Souls” and the cinematic launch of “Love Live! The School Idol Movie,” which revitalised in‑game spending after a temporary dip. Operating income rose 20.1 % to ¥2.27 billion, while ordinary income grew 6.6 % to ¥2.13 billion; net income, however, fell 27.6 % to ¥934 million due to higher interest and foreign‑exchange losses, and a significant impairment charge of ¥120.7 million on office assets. Total assets reached ¥13.76 billion, up 1.03 billion yen from the prior year, with net assets increasing to ¥10.07 billion and an equity ratio of 72.8 %. Cash and deposits declined, offset by a rise in securities holdings. Long‑term debt was cut from ¥60 million to ¥30 million, while accounts payable increased. The company forecast full‑year 2015 revenue at ¥21.57 billion, operating income of ¥2.27 billion, ordinary income of ¥2.13 billion, and net income of ¥759 million, reflecting expected advertising spend for the New Year period. No dividend was declared for FY2015. Methodologically, figures are presented under Japanese GAAP, with a consolidated view of all subsidiaries. The report includes detailed segment information, accounting policy changes (notably the adoption of a special trust treatment for employee stock), and notes on tax rate adjustments following 2015 legislation.

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KLab

Report

Consolidated Financial Results for the Fiscal Year Ended March 31, 2016: Japan

Consolidated Financial Results for the Fiscal Year Ended March 31, 2016 Stock exchange listing: Tokyo Stock Exchange Representative: Hiroki Morita, President Inquiries: Yasuhiro Ogino, Director and Executive General Manager, Administrative Headquarters Scheduled date of Ordinary General Meeting of Shareholders: June 28, 2016 Scheduled date of commencing dividend payments: June 8, 2016 Scheduled date of filing quarterly securities report: June 29, 2016 Availability of supplementary briefing mater...

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mixi

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Summary of main questions and answers at the FY2019 Second Quarter GREE results briefing held on February 4, 2019 PDF

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Integrated Report 2022

Financial Results for the Second Quarter of FY2019

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Notice Concerning Non-Operating Income Recorded for Fourth Quarter FY2016 and Revision of Earnings Forecasts for FY2016

Summary of Financial Results for Third Quarter of Fiscal Year Ending December 31, 2015

Consolidated Financial Results for the Fiscal Year Ended March 31, 2016: Japan