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Japan

Integrated Report 2019

I N T E G R AT E D R E P O R T 2 0 1 9 The BANDAI NAMCO Group develops entertainment-related products and services in a wide range of fields, including toys, network content, home video games, amusement machines, amusement facilities, and visual and music content. “Dreams, Fun and Inspiration” are the Engine of Happiness.

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Bandai Namco

Report

FY2022 Second Quarter Consolidated Financial Results: Japan

CyberAgent reported a strong second‑quarter performance for the fiscal year ending September 2022, driven by growth in its media and internet advertising businesses. Net sales rose 23 % YoY to ¥362,192 million, while operating income increased 38 % to ¥45,527 million and ordinary income grew 38 % to ¥45,715 million. Profit attributable to shareholders of parent climbed 25 % to ¥17,155 million, and basic earnings per share reached ¥33.93 versus ¥27.13 in the prior year. Segment analysis shows that the Media Business, anchored by ABEMA, generated ¥52,338 million in sales with a 30 % YoY increase and reduced its operating loss to ¥5,804 million. Internet Advertising posted ¥184,855 million in sales and a modest 2 % rise in operating income. Game Development delivered ¥127,342 million in sales with a 35.6 % increase and operating income surged 58 %. Investment Development and Other businesses recorded declines in sales and operating income. Total assets increased to ¥385,731 million, with current assets up slightly and liabilities falling by ¥15.5 million, improving the equity ratio to 35.7 %. Cash and cash equivalents stood at ¥180,070 million after a net outflow of ¥4.0 billion in the quarter. The company forecasts full‑year net sales at ¥700,000 million (5 % growth) and operating income of ¥70,000 million, anticipating a pullback in game revenue but continued growth in advertising and media. Dividend guidance for the year is set at ¥14 per share, targeting a 5 % dividend‑yield. The report reflects adoption of the new Japanese GAAP revenue recognition standard, with minimal impact on comparative figures.

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CyberAgent

Report

FY2022 Presentation Material: Japan

The material outlines CyberAgent’s strategic focus for FY 2022 in Japan, emphasizing a shift toward digital media and gaming as core growth drivers. The company projects continued expansion of its streaming platform ABEMA, citing the 2022 FIFA World Cup and Premier League broadcasts as key content drivers that attracted new viewers and increased subscription revenue. Data points indicate a 7.8 % quarterly growth in user engagement, with ABEMA’s original programming contributing to a 4.69 billion‑yen increase in operating income over the year. Key findings highlight a diversified portfolio that now includes game development, media production, and smartphone services. The company’s medium‑to‑long‑term pipeline focuses on monetization through advertising, subscription models, and cross‑business synergies. Investment targets identified include video content creation, mobile gaming, and blog platforms to broaden audience reach. Methodologically, the presentation references internal performance metrics across fiscal years 2000–2022 and leverages data from live event viewership, subscription uptake, and advertising spend. The analysis also incorporates AI‑driven race prediction tools and e‑commerce features such as liquid KYC to enhance user experience. Geographically, the scope remains Japan‑centric, with plans to extend ABEMA’s reach internationally by 2025. The time frame covers FY 2022 with projections for the next three years, underscoring a commitment to becoming a global digital media and gaming leader while supporting Japan’s broader internet economy.

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CyberAgent

Report

Summary of Main Supplementary Explanations Questions and Answers: FY2024 Third Quarter Results Briefing

The briefing clarified that the FY2024 third‑quarter earnings improvement in GREE’s Game and Anime Business stemmed from two primary initiatives: a more efficient promotional strategy following the second anniversary of “Heaven Burns Red,” and a comprehensive reorganization that reassigned staff to higher‑margin projects. The company emphasized multiplatformization as a strategic priority, noting active preparations for console game development to capture broader market segments. In the VTuber segment, planned investments focus on expanding management capacity in line with a growing talent roster and enhancing live‑event production, merchandise marketing, and fan engagement metrics such as concurrent viewer counts. While these initiatives are expected to drive near‑term sales, the company views sustained growth as contingent on deepening fan base loyalty. Financial outlooks presented exclude investment business figures. Consolidated operating income for the fourth quarter is projected at approximately ¥1.5 billion, and full‑year FY2024 earnings are estimated between ¥5–6 billion. These targets reflect the company’s confidence in its streamlined operations and strategic expansion across gaming, anime, and VTuber platforms.

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GREE

Report

FY2025 Second Quarter Financial Results Briefing

The briefing presents FY2025 second‑quarter financial results for GREE Holdings, emphasizing a revised disclosure structure that separates the Investment Business from the other three operating segments—Game and Anime, Metaverse, and DX. Consolidated net sales reached ¥15.6 billion with operating profit of ¥2.2 billion, both up QoQ and YoY, driven by foreign‑exchange gains and strong dividend income from investment funds. On a three‑segment basis, net sales were ¥13.7 billion and operating profit ¥1.2 billion, surpassing prior forecasts. Segment performance highlights include a record‑high ¥2.1 billion in Metaverse sales, driven by avatar and live‑streaming revenue; Game and Anime sales rose QoQ thanks to anniversary events for flagship titles, though YoY growth slowed; DX Business maintained forecasted sales of ¥1.8 billion, with a shift toward recurring SaaS and consulting services. The Investment Business posted significant gains from fund dividends, offsetting a prior quarter loss; portfolio valuation climbed to ¥36.3 billion with IRR outperforming VC benchmarks. Management reiterated medium‑term targets: FY2027 sales of ¥17.9 billion and operating profit of ¥3.3 billion, with continued investment in Metaverse, DX recurring models, and diversified fund sourcing. The briefing covered 2025 full‑year forecasts—sales of ¥8.7 billion and operating profit of ¥500 million for Metaverse, ¥7.3 billion and ¥800 million for DX—reflecting modest sales adjustments but confidence in margin improvement. Overall, the presentation underscores robust quarterly growth across core segments and a strategic pivot toward higher‑margin recurring revenue streams.

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GREE

Report

Earnings Results: Q3 Fiscal Year Ending March 2026

1. 2026 年3 月期第 3四半期連結実績サマリ P3 2. 2026 年3 月期第 3四半期連結実績（セグメント別） P10 3. Appendix P19 Q12 20263ThDuloos①#H3-A? A 2025年3月期 2026年3月期前年同期比 2025年3月期 2026年3月期前年同期比 (単位：百万円) 4-12月実績 4-12月実績（増減額） 10-12月実績 10-12月実績（増減額）売上高 206,587 202,991 ▲1.7% 70,267 69,058 ▲1.7% Q12 (▲3,595) (▲1,208) ③ ▲59.7% ...

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Kadokawa Corporation

Report

Partial Correction to FY2023 Consolidated Financial Results (Japanese GAAP)

CyberAgent’s FY2023 Japanese‑GAAP financials reveal a modest 1.3 % increase in net sales to ¥719,451 million, yet operating income plunged 66.9 % and net income attributable to owners fell 84.5 % to ¥3,540 million. Total assets rose by ¥93.3 billion to ¥475,222 million, largely due to convertible bond issuance and long‑term loans, while equity increased modestly to ¥228.45 billion. Cash balances grew from ¥168,035 million to ¥201,780 million, supported by significant financing activity that offset higher operating cash outflows. Segment analysis shows a turnaround in profitability. The internet advertisement business moved from a ¥12.9 billion loss to a ¥17.5 billion profit, and the game business shifted from a ¥13.2 billion loss to a ¥22.7 billion profit, contributing to total segment income of ¥29.5 billion versus a ¥73 million loss in FY2022. Corporate expenses increased to ¥7.1 billion, and goodwill amortization rose slightly to ¥348 million. Despite the operating downturn, CyberAgent reiterated a FY2024 sales forecast of 4.2 % growth to ¥750 billion, with expected operating income of ¥30 billion and net income of ¥8 billion. The corrections emphasize the company’s reliance on financing to support asset growth while highlighting a strategic shift toward more profitable media and internet advertising segments.

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CyberAgent

Report

Integrated Report 2022

オンプロダクト-スタンドードタイプ英語版オンプロダクト-ミニラベル英語版<sub>（印刷スペースが無い場合）</sub> Bandai Namco exists to share dreams, fun and inspiration with people around the world. Connecting people and societies in the enjoyment of uniquely entertaining products and services, we’re working to create a brighter future for everyone.

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Bandai Namco

Report

Summary of Financial Results for Fiscal Year Ended December 31, 2025: Japan

Summary of Financial Results for Fiscal Year Ended December 31, 2025 (Japanese GAAP) (Consolidated) evail. This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Name of listed company: KLab Inc.

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KLab

Report

Partial Correction to FY2022 Consolidated Financial Results: Japan

Representative Director, CEO, and President (Corrections / Corrections of Numerical Data) Partial Correction to FY2022 Consolidated Financial CyberAgent, Inc. today announced a correction to part of the "FY2022 Consolidated Financial Results [Japanese GAAP]," which was disclosed on October 26, 2022. The details of the correction are as follows.

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CyberAgent

Report

Notice of Dividends of Surplus

NEXON Co., Ltd. announced that its Board of Directors approved a dividend of 30.00 yen per share for the fiscal year ending December 31, 2025, payable on March 26, 2026 to shareholders recorded as of December 31, 2025. The total dividend payment amounts to 23,787 million yen, rounded to the nearest million. This figure reflects a significant increase from the 15.00‑yen per share dividend paid for the same fiscal year in 2024, which totaled 12,382 million yen. The company’s dividend policy emphasizes returning profits to shareholders through multiple mechanisms, contingent on shareholder equity status, management performance, and earnings outlook. The decision to raise the dividend aligns with NEXON’s assessment of its financial standing and business results for 2025. The announcement includes a historical breakdown: FY 2024 dividends were 7.50 yen per share in Q2, rising to 15.00 yen at year‑end and totaling 22.50 yen for the full year; FY 2025 dividends reached 15.00 yen in Q2, 30.00 yen at year‑end, and 45.00 yen for the full year. The dividend is sourced from retained earnings. No additional data sources or survey methodology are disclosed, as the decision rests on internal financial analysis and board deliberation. The notice serves to inform shareholders of the enhanced payout schedule for the 2025 fiscal year, reflecting NEXON’s commitment to shareholder returns amid its ongoing business performance.

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NEXON

Report

Consolidated Results Supplementary Information: Fiscal Year Ended March 2025

Akatsuki Inc. reported consolidated financial results for fiscal year ended March 2025, showing a modest 5 % increase in sales to ¥23.652 billion compared with the prior year, driven primarily by strong performance of existing games such as Dragon Ball Z Dokkan Battle. Games sales rose 2 % to ¥21.237 billion, while comics and IP Solutions segments returned to profitability with 10 % and 121 % year‑over‑year sales gains, respectively. Operating profit surged 124 % to ¥3.915 billion, largely due to a sharp rise in operating profit from games (68 % increase) and significant gains on the sale of investment securities, which contributed ¥1.154 billion to profit before tax. Net income increased 48 % to ¥1.646 billion, supported by a 28 % rise in adjusted EBITDA (¥5.661 billion). The company’s balance sheet remained solid, with total assets of ¥54.632 billion and net assets of ¥41.455 billion, while total liabilities decreased to ¥13.177 billion. Cash balances were maintained at ¥33.300 billion, reflecting disciplined working‑capital management. The results cover the Japanese market and global operations for games, comics, and IP solutions. Methodology includes consolidated financial statements with adjustments for investment and incubation business personnel expenses, and gains on crypto asset sales are classified as non‑operating. Overall, Akatsuki’s selective focus on high‑performing titles and profitable IP solutions has driven a sharp improvement in operating profitability despite the withdrawal of some titles.

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Akatsuki

Report

Consolidated Financial Results: Nine Months Ended December 31, 2025

Capcom Co., Ltd. reported consolidated financial results for the nine months ended December 31, 2025 under Japanese GAAP. Net sales rose 29.8 % to ¥115,315 million, driven by a 25.4 % increase in Digital Contents sales and strong performance across its core franchises, including Street Fighter 6, Resident Evil titles, and Monster Hunter releases. Operating profit surged 75.1 % to ¥54,302 million, and ordinary profit climbed 64.6 % to ¥51,703 million, reflecting higher gross margins and effective cost management. Profit attributable to owners of parent reached ¥38,885 million, an 68.6 % year‑on‑year gain, and basic earnings per share rose to ¥92.96. The balance sheet showed total assets of ¥290,869 million and net assets of ¥250,245 million, with a shareholder equity ratio of 85.9 %. Cash and deposits fell to ¥111,767 million due to dividend payments of ¥16.83 billion and investment outflows, while working‑capital adjustments contributed to a net cash outflow of ¥6.75 billion from operations. Segment analysis highlighted Digital Contents as the largest contributor, generating ¥73,411 million in sales and ¥46,067 million in operating profit. Arcade Operations and Amusement Equipment segments added ¥18,581 million and ¥17,766 million in sales respectively, with operating profits of ¥2,681 million and ¥10,545 million. The company maintained a robust forecast for FY 2026, projecting net sales of ¥190 billion and operating profit of ¥73 billion. No accounting policy changes or restatements were reported, and the company confirmed its continued investment in digital sales growth and human capital development.

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Capcom

Report

3rd Quarter Report: Fiscal Year Ending March 31, 2026

Capcom’s fiscal year ending March 31, 2026 reported robust growth across all business segments, with revenue and operating profit rising year‑on‑year. Total net sales for the nine‑month period reached ¥1,153 billion, a 12 % increase, while operating profit climbed to ¥543 billion, up 75 %. The company achieved record cumulative unit sales of 54 million units, driven by strong catalog titles such as Resident Evil Village and Monster Hunter Rise. Digital content sales grew 33 % to ¥704 billion, with digital licenses contributing a notable 31 billion yen. Arcade operations and amusement equipment segments also posted positive momentum, with operating margins of 14 % and 59 %, respectively. Geographically, overseas sales accounted for 84 % of total units, reflecting successful penetration beyond Japan. New titles released during the period included Resident Evil Requiem and Monster Hunter Stories 3, while planned releases for the next fiscal year include Mega Man Star Force Legacy Collection and additional Monster Hunter titles. Capcom’s balance sheet strengthened, with total assets rising to ¥3,129 billion and net assets increasing by 11 % to ¥2,502 billion. Cash flow from operations remained positive at ¥414 million, though investing activities saw a net outflow of ¥67 million. The company highlighted strategic initiatives such as expanding arcade store formats, leveraging in‑game collaborations and merchandise, and developing new media content (anime and live‑action adaptations). Capital expenditures surged to ¥203 million, supporting infrastructure expansion. Overall, Capcom’s performance demonstrates resilience amid volatile entertainment markets, with continued emphasis on catalog strength and diversified revenue streams.

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Capcom

Report

Factbook: Third Quarter of Fiscal Year Ending March 31, 2026

Marvelous Inc., listed on Tokyo’s Prime Market, released its third‑quarter financial results for the fiscal year ending March 31 2026. The company’s core business spans digital content, amusement, audio‑visual production and live entertainment, with a focus on original IPs and collaborations. Revenue rose to ¥29.1 billion in Q3, up 4.5% from the prior quarter and 10.6% year‑on‑year, driven primarily by digital content sales of ¥7.2 billion and amusement revenue of ¥3.0 billion. Gross operating profit reached ¥10.4 billion, a 12% increase over Q2 and a 9% rise versus the same period last year, reflecting improved cost control in production and marketing. Operating profit fell to ¥1.8 billion, a 12% decline from Q2, largely due to higher selling‑general‑administrative expenses of ¥8.6 billion compared with ¥7.9 billion in Q2. Net income attributable to shareholders was ¥1.5 billion, down 18% from Q2, with a net profit margin of 5.3%. The company’s cash‑flow position remained solid, with operating cash flow of ¥2.8 billion and a cash‑equivalent balance of ¥16.4 billion at quarter end. Geographically, the report covers Japan and overseas markets where Marvelous operates. The data derive from consolidated financial statements prepared under Japanese GAAP, covering all subsidiaries and affiliates. Key metrics such as return on equity (13.7%) and asset turnover (0.82) indicate healthy profitability, while dividend payout remained at 52% of net income. Overall, the quarter shows revenue growth but margin pressure from higher operating costs, prompting management to focus on cost efficiency and portfolio diversification.

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Marvelous

Report

Bandai Namco Group Fact Book 2021

1 BANDAI NAMCO Group Outline 01 Consolidated Business Performance / 03 Sales by IPs / Facts & Figures Entertainment Unit (Digital Business) / Entertainment Unit (Toys and Hobby Business) 06 IP Production Unit (Visual and Music Business / Creation Business) / IP Production Unit (Visual and Music Business) / IP Production Unit (Creation Business) / Amusement Unit Entertainment Unit (Digital Business) 07 Game App Market / Top Publishers in the Global App Market / Home Video Game Market ...

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Bandai Namco

Report

Financial Results for the Fiscal Year Ending March 2022

For the Fiscal Year Ending March 2022 This document contains statements regarding future objectives, beliefs and current expectations of KOEI TECMO HOLDINGS CO., LTD. with respect to its financial results. Such statements imply risks and uncertainties and no guarantee of future performance. *The Other company name, product name, logo mark and service name in this document are trademarks of each company.

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Koei Tecmo

Report

Financial Results: First Half of the Fiscal Year Ending March 2022

The first‑half financial results for the fiscal year ending March 2022 demonstrate a 60.8 % increase in total sales, rising from ¥23.1 billion to ¥37.2 billion, driven largely by a 62.5 % rise in entertainment segment sales (¥21.7 billion to ¥35.2 billion). Operating profit doubled from ¥8.45 billion to ¥16.42 billion, a 94.4 % increase, while net profit grew by 53.2 % to ¥18.14 billion. The company’s overseas operations contributed 50.2 % of first‑half sales, with North America and Europe showing modest growth, whereas Asia maintained a 31.6 % share of sales but experienced a 60.6 % rise in operating profit. Digital distribution expanded markedly: console units sold increased by 19.7 % to 3,650 thousand copies, with a 13.2 % rise in overseas units; download sales grew by 58.9 % to 103,300 thousand copies worldwide, largely from mobile and online platforms. Revenue mix shifted toward digital: package downloads grew 48 %, DLC sales increased 8.7 %, and mobile/online revenue surged 96 % to ¥17.25 billion. Headcount rose by 3.1 % to 2,081 employees; cost of goods sold and selling‑general‑administrative expenses increased by 17.7 % and 15.4 %, respectively, reflecting higher investment in digital content and marketing. For the full year, management projects sales of ¥65 billion (a 7.7 % increase) and operating profit of ¥24.5 billion, maintaining the FY2023 target of ¥30 billion operating profit. The strategy emphasizes launching 5‑million‑copy console titles, annual releases of 2‑million‑copy titles, and mobile games with monthly sales of ¥2 billion. The company also plans to expand IP licensing, globalize existing franchises such as Atelier and Warriors, and pursue new IPs across animation, comics, and merchandise.

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Koei Tecmo

Integrated Report 2019

FY2022 Second Quarter Consolidated Financial Results: Japan

FY2022 Presentation Material: Japan

Summary of Main Supplementary Explanations Questions and Answers: FY2024 Third Quarter Results Briefing

FY2025 Second Quarter Financial Results Briefing

Earnings Results: Q3 Fiscal Year Ending March 2026

Annual Report 2006

Partial Correction to FY2023 Consolidated Financial Results (Japanese GAAP)

Integrated Report 2022

Summary of Financial Results for Fiscal Year Ended December 31, 2025: Japan

Partial Correction to FY2022 Consolidated Financial Results: Japan

Notice of Dividends of Surplus

Consolidated Results Supplementary Information: Fiscal Year Ended March 2025

Consolidated Financial Results: Nine Months Ended December 31, 2025

3rd Quarter Report: Fiscal Year Ending March 31, 2026

Factbook: Third Quarter of Fiscal Year Ending March 31, 2026

Bandai Namco Group Fact Book 2021

Financial Results for the FY 2024 and 4th Mid-term Management Plan

Financial Results for the Fiscal Year Ending March 2022

Financial Results: First Half of the Fiscal Year Ending March 2022