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Announcement of Consolidated Results for Fiscal Year Ended March 31, 2025

Akatsuki Inc. reported a significant increase in profitability for the fiscal year ended March 31, 2025, despite a slight contraction in overall revenue. Consolidated net sales reached 23,652 million yen, representing a 1.3% decrease from the previous year. This decline was primarily driven by portfolio restructuring within the Games business, which offset the positive contributions from new title releases. However, operating profit rose by 46.3% to 3,915 million yen, and ordinary profit grew by 49.4% to 4,233 million yen. Profit attributable to owners of the parent also saw a 27.8% increase, totaling 1,646 million yen, resulting in a profit per share of 114.22 yen. The improved profit margins were largely attributed to growth in the Comics and IP Solutions segments. The Comics business benefited from development and operational support for an overseas manga platform, while the IP Solutions segment saw expansion in its online lottery service, Slash Gift. These gains successfully mitigated increased research and development expenses within the Games business. Furthermore, the company realized gains from the sale of shares following the initial public offerings of several investee companies, which bolstered net income. To ensure long-term financial soundness, the company recorded several one-time charges. On a consolidated basis, an extraordinary loss of 593 million yen was recognized for the valuation of investment securities. On a non-consolidated basis, the company recorded a 5,776 million yen provision for doubtful accounts and a 2,454 million yen loss on the valuation of shares in affiliated companies. While these non-consolidated figures are substantial, they represent internal assessments of subsidiary loans and investments and had a minimal impact on the final consolidated financial results for the fiscal year.

AkatsukiMay 2025

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Partial Correction to FY2022 Third Quarter Consolidated Financial Results [Japanese GAAP]

CyberAgent, Inc. issued this corrective filing on May 15, 2025, to amend its consolidated financial results for the third quarter of fiscal year 2022, originally disclosed in July 2022. The revisions stem from a broader initiative to correct past annual securities reports and financial statements for prior fiscal years. The scope of the data covers the nine-month period ending June 30, 2022, and includes comparative data from the same period in 2021, prepared in accordance with Japanese GAAP. The corrected figures show that for the third quarter of FY2022, CyberAgent recorded net sales of ¥533,882 million, a 9.7% increase year-on-year. However, operating income fell 29.1% to ¥54,813 million, and profit attributable to shareholders of the parent dropped 39.8% to ¥19,779 million. The Media Business, driven by ABEMA’s pay-per-view growth, saw sales rise 36.2% to ¥81,926 million while narrowing its operating loss. The Internet Advertisement Business reached record high sales of ¥283,878 million. Conversely, the Game Business experienced a 6.9% decline in sales to ¥173,551 million and a 29.4% drop in operating income, attributed to the high baseline set by major events in the previous year. Methodologically, the results reflect the application of the Accounting Standard for Revenue Recognition. This change specifically impacted the Game Business, where revenue from item charges is now recognized over an estimated user usage period rather than at the point of purchase. Despite these accounting adjustments and the numerical corrections, the company maintained its full-year earnings forecast and dividend projections as originally stated in April 2022. Total assets were reported at ¥373,421 million, a slight decrease from the end of the previous fiscal year due to corporate tax and dividend payments.

CyberAgent, Inc.May 2025

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Consolidated Financial Results: Fiscal Year Ended March 31, 2025

Note: 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. Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 Company name: TOWA CORPORATION Stock exchange listings: Prime Market of Tokyo Stock Exchange Stock code: 6315 URL: https://www.towajapan.co.jp/en/ Repre...

TowaMay 2025

Consolidated Financial Results for the Fiscal Year Ended March 31, 2025

MIXI, Inc. achieved significant financial growth during the fiscal year ended March 31, 2025, characterized by a 5.4% increase in net sales to ¥154.8 billion and a 148.5% surge in profit attributable to owners, reaching ¥17.6 billion. While the core Digital Entertainment segment experienced a minor revenue contraction as engagement for the flagship title Monster Strike stabilized following its tenth anniversary, overall performance was bolstered by the Sports and Investment segments. Growth in these areas was primarily driven by increased betting service sales and strategic share divestments. This profitability was further supported by a ¥7 billion reduction in selling, general, and administrative expenses, specifically within advertising and settlement fees. The financial position remains robust, with total assets expanding to ¥225.5 billion and net cash from operating activities nearly tripling to ¥27.5 billion. Despite this liquidity, the equity ratio saw a marginal decline to 79.4% due to treasury share acquisitions and new borrowings, including a ¥9 billion loan commitment for the subsidiary Chariloto Co., Ltd. The fiscal year was also marked by strategic organizational shifts, including the acquisition of picon, Inc. and the establishment of MIXI Australia, though these were tempered by a ¥1 billion loss resulting from improper transactions at a subsidiary. Operations remain heavily concentrated in the Japanese market, which accounts for over 90% of net sales. Looking toward the fiscal year ending March 31, 2026, the outlook remains cautious with a projected 26.1% decline in profit despite stable sales forecasts of ¥155 billion. Future growth strategies prioritize expansion into AI technologies and the continued scaling of the Sports and Lifestyle segments. To maintain shareholder value, the company has committed to a ¥9.500 million treasury share repurchase program and the cancellation of 2.4 million shares, following a significant rise in basic earnings per share from ¥99.71 to ¥255.43.

MIXI, Inc.May 2025

Consolidated Results Supplementary Information for Fiscal Year Ended in March of 2025

Akatsuki Inc. reported its consolidated financial results for the fiscal year ended March 2025, highlighting a period of strategic "selection and concentration" that led to a significant increase in profitability. While total annual sales remained relatively flat at ¥23.65 billion, a 1% decrease year-over-year, consolidated operating profit jumped 46% to ¥3.91 billion. This growth was driven by the stabilization of the core Games segment and the successful transition of the Comics and IP Solutions divisions into profitable entities. The Games segment, which accounts for the vast majority of revenue, generated ¥21.24 billion in sales. Performance was bolstered by the 10th anniversary of Dragon Ball Z Dokkan Battle, which achieved record-high overseas sales and operating profit. These gains effectively offset revenue losses from withdrawn titles and increased research and development spending for upcoming projects like TRIBE NINE and Kaiju No. 8 The Game. Meanwhile, the Comics segment saw a 50% surge in annual sales to ¥1.14 billion, achieving full-year profitability due to strong external sales of original works, successful media dramatizations, and a strategic partnership with NTT Docomo for the MANGA MIRAI service in the United States. Geographically, the results reflect a strong emphasis on global expansion, particularly through simultaneous worldwide game campaigns and international comic distribution. Financial data indicates a robust balance sheet with ¥33.3 billion in cash and total assets of ¥54.6 billion. The company also benefited from a substantial increase in gains from the sale of investment securities, which rose over 700% to ¥2.16 billion. Overall, the fiscal year concluded with a net income of ¥1.65 billion, representing a 28% increase over the previous year, supported by improved operational efficiency across all business pillars.

AkatsukiMay 2025

Partial Correction to FY2022 Consolidated Financial Results (Japanese GAAP)

CyberAgent’s financial performance for the fiscal year ended September 30, 2022, reflects a period of strategic transition characterized by record-breaking growth in media and advertising alongside a significant contraction in the gaming sector. Consolidated net sales reached ¥709.9 billion, a 6.6% year-over-year increase, yet operating income fell 35.1% to ¥67.5 billion. This decline in profitability was primarily driven by the Game Business, where sales dropped 13.1% to ¥228.4 billion and operating income plummeted 37.2% due to the natural slowdown of major titles. Despite these headwinds, the Internet Advertisement Business achieved record sales of ¥376 billion, and the Media Business grew 35.5% behind the expansion of the ABEMA platform. The fiscal year also marked a shift in financial health and accounting methodology. Total equity rose substantially to ¥221.2 billion, yet net cash from operating activities decreased from ¥109.6 billion to ¥17.9 billion, largely due to increased income tax obligations. Furthermore, the adoption of new revenue recognition standards altered how game item charges are recorded, moving from the point of purchase to the estimated usage period. These changes, combined with the transition to a group tax sharing system, resulted in basic earnings per share falling from ¥81.68 to ¥45.29. Looking forward, the company maintains a stable dividend policy of ¥14.00 per share and projects modest growth for FY2023 with a net sales forecast of ¥720 billion. While the gaming segment remains a core profit driver, the overall corporate strategy increasingly relies on the diversification of revenue through digital media and advertising to offset the inherent volatility of the mobile gaming market. This corrected financial outlook underscores a period of high investment and structural adjustment within the Japanese digital entertainment and advertising landscape.

CyberAgent, Inc.May 2025

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Partial Correction to FY2025 First Quarter Consolidated Financial Results [Japanese GAAP]

CyberAgent, Inc. issued this formal correction to its consolidated financial results for the first quarter of fiscal year 2025, covering the period from October 1, 2024, to December 31, 2024. The primary purpose of the disclosure is to provide revised numerical data and financial statements following the submission of correction reports for past annual securities reports. The scope of the report encompasses the company’s primary business segments in Japan, including Media and IP, Internet Advertisement, Gaming, and Investment Development. The revised data shows that CyberAgent achieved net sales of ¥203.8 billion, a 5.8% increase year-on-year. Operating income rose significantly by 41.6% to ¥8.3 billion, while ordinary income grew 45.4% to ¥8.8 billion. Net income attributable to owners of the parent reached ¥5.07 billion, a notable recovery from the ¥892 million loss recorded in the same period the previous year. Performance varied by segment: the Internet Advertisement Business remained the largest contributor with ¥117.8 billion in sales, while the Media and IP Business turned profitable due to loss reductions at ABEMA. Conversely, the Game Business saw a 15.1% decline in sales to ¥38.2 billion, attributed to the slowdown of existing titles and a ¥1.27 billion impairment loss. Methodologically, the financial results were prepared in accordance with Japanese GAAP. A significant structural change was noted in the reporting methodology, as the company integrated its "Other Businesses" into the newly renamed "Media and IP Business" to better align with its multimedia franchise strategy. Despite the internal corrections to historical data, the company maintained its full-year forecast for fiscal year 2025, projecting net sales of ¥820 billion and operating income of ¥42 billion.

CyberAgent, Inc.May 2025

FY2025 First Half Consolidated Financial Results (Japanese GAAP)

CyberAgent achieved a consolidated net sales increase of 3.4% year-on-year, reaching ¥421.2 billion during the first half of fiscal year 2025. This growth was accompanied by a substantial 74.2% surge in net income attributable to owners, which rose to ¥15.86 billion. These results reflect a period of strategic transition and stabilization across the company’s diverse portfolio, which primarily spans the Japanese market. Despite fluctuations in individual business units, the organization maintained its full-year guidance of ¥820 billion in net sales and ¥42 billion in operating income, signaling confidence in its long-term financial trajectory. The Internet Advertisement Business remains the primary engine of revenue, contributing ¥225.6 billion to the total. Simultaneously, the newly restructured Media & IP Business demonstrated a successful operational pivot, moving from a prior loss to a segment profit of ¥4.7 billion. This turnaround highlights improved profitability and steady growth within the company’s media assets. In contrast, the Game Business faced significant headwinds, reporting a 20.1% decline in sales and a 13.9% drop in operating income. This downturn is attributed to challenging year-on-year comparisons following a major console hit in 2024, though the segment still contributed a meaningful ¥18.7 billion to overall income. Financial stability remains robust, with formal disclosures confirming no significant changes in shareholders' equity or concerns regarding the company’s status as a going concern. By merging peripheral operations into the Media & IP segment and maintaining market leadership in digital advertising, the company has offset the cyclical volatility inherent in the gaming sector. The overall performance for the first half of FY2025 underscores a shift toward more diversified profit streams and enhanced operational efficiency across its core Japanese business segments.

CyberAgent, Inc.May 2025

Partial Correction to FY2023 Consolidated Financial Results [Japanese GAAP]

CyberAgent’s consolidated financial results for the fiscal year ended September 30, 2023, reveal a period of transition characterized by modest top-line growth alongside a sharp contraction in profitability. While net sales rose 1.3% to ¥719,451 million, operating income plummeted 66.9% to ¥22,351 million. This decline was primarily driven by the Game Business, where operating income fell 62.5% to ¥22,708 million due to reduced revenue from high-margin titles. Consequently, net income attributable to owners of the parent dropped significantly from ¥22,901 million in the previous year to ¥3,540 million, resulting in a decrease in basic earnings per share from ¥45.29 to ¥6.99. The Media Business, anchored by the streaming platform ABEMA, demonstrated strong revenue growth of 25.8%, bolstered by high-profile events such as the FIFA World Cup Qatar 2022. However, the segment continued to operate at a loss of ¥12,873 million. Simultaneously, the Internet Advertisement Business expanded its market share but experienced a 26.3% decrease in profit. Despite these earnings pressures, the company maintained a robust liquidity position, ending the period with ¥201,780 million in cash and cash equivalents, supported by financing activities including the issuance of convertible bonds. Operations remain heavily concentrated in the Japanese domestic market, which accounts for over 90% of total sales and assets. Looking toward the 2024 fiscal year, projections suggest a recovery with a forecasted 34.2% increase in operating income. This anticipated growth is predicated on a pipeline of new game releases and a narrowing of deficits within the Media Business. The transition to a group tax sharing system further reflects the evolving corporate structure across its five primary reportable segments: Media, Internet Advertisement, Game, Investment Development, and Other Businesses.

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CyberAgent, Inc.May 2025

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Announcement of Revision of Dividend Forecast (Year-end Dividend)

Akatsuki Inc. has revised its dividend forecast for the fiscal year ended March 31, 2025, transitioning from an undetermined status to a specific payout of 110 yen per share for the full year. This decision follows a strategic shift in the company’s shareholder return policy, specifically raising the benchmark for consolidated Dividend on Equity from 3% to 4%. This adjustment reflects a comprehensive assessment of the current business environment, investment recovery status, and the progress of various growth initiatives within the gaming and diversified business segments. The revised policy establishes a progressive dividend framework aimed at balancing proactive growth investments with consistent profit distribution. Under this new structure, the total annual dividend is split evenly, with 50% paid as a year-end dividend for the current fiscal year and the remaining 50% distributed as an interim dividend in the following year. Consequently, the year-end dividend for the period ending March 31, 2025, is set at 55 yen per share. This represents a significant increase over the previous fiscal year’s total payout of 80 yen per share. This financial update covers the Japanese market where Akatsuki Inc. is listed on the Tokyo Stock Exchange Prime Market. The board of directors resolved these changes on May 9, 2025, with the final dividend matter scheduled for submission at the Ordinary General Shareholders Meeting in June 2025. The move signals management's confidence in maintaining financial soundness while pursuing long-term corporate value and sustainable growth despite the inherent volatility of the short-term operating environment in the games industry.

AkatsukiMay 2025

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Consolidated Financial Results for the Year Ended March 31, 2025

Koei Tecmo Holdings demonstrated significant financial resilience during the fiscal year ended March 31, 2025, characterized by improved profitability and a drastically strengthened balance sheet despite a marginal 1.7% decline in net sales to ¥83,150 million. Operating profit grew by 12.7% to ¥32,119 million, while profit attributable to owners of the parent rose 11.4% to ¥37,628 million. This performance was underpinned by a robust ordinary profit to total assets ratio of 21.9%, reflecting efficient operational management and strong returns on the company’s asset base. The fiscal year was marked by a transformative restructuring of the company’s capital position. Total liabilities plummeted from ¥70,250 million to ¥20,407 million, a shift driven primarily by the settlement of ¥46,536 million in convertible bonds. This debt reduction, combined with steady earnings, propelled net assets to ¥189,421 million and resulted in a substantial increase in the capital adequacy ratio from 68.2% to 97.8%. Cash flow dynamics also shifted favorably; while financing activities saw a net outflow of ¥63,175 million due to bond redemptions and dividend payments, cash and cash equivalents more than doubled to ¥22,552 million, bolstered by ¥40,973 million generated from the sale and redemption of investment securities. Looking toward the fiscal year ending March 31, 2026, the strategic focus shifts toward aggressive top-line growth. Net sales are projected to increase by 10.6% to ¥92,000 million. However, net profit is anticipated to decline by 28.2% during this period, suggesting a phase of increased investment or a normalization of the non-operating gains that bolstered the previous year's results. Overall, the transition into the 2026 fiscal period finds the organization in a highly liquid and solvent position, with minimal debt and significant capital reserves to fund future development.

Koei TecmoApr 2025

Summary of Financial Results for Fiscal Year Ended December 31, 2024 (Japanese GAAP)

KLab Inc. experienced a significant financial downturn during the fiscal year ended December 31, 2024, characterized by a 22.5% year-over-year revenue decline to 8.3 billion yen. This contraction led to a net loss of 2.78 billion yen, a substantial increase from the 1.82 billion yen loss recorded in the previous year. The downturn was primarily driven by a reduced portfolio of active titles and the delayed global launch of EA SPORTS FC™ TACTICAL due to retention challenges. While established titles like Captain Tsubasa: Dream Team and BLEACH Brave Souls remained stable, the company faced 1.14 billion yen in extraordinary losses, including significant software impairments and valuation losses on investment securities. The company’s financial position weakened as it marked its fourth consecutive year of operating deficits, resulting in a breach of financial covenants and a 2.8 billion yen decrease in retained earnings. Total net assets fell to 10.37 billion yen, while cash equivalents dropped to 1.61 billion yen. In response to these challenges, the business narrowed its strategic focus to the core Game Business segment, effectively deconsolidating its blockchain-related operations through the partial sale of BLOCKSMITH&Co. Despite the fiscal strain, investment in software in progress increased by 1.4 billion yen to support three major global IP projects, including a title based on the My Hero Academia franchise. To address concerns regarding its status as a going concern, the company secured approximately 2.8 billion yen in funding through third-party allotments and unsecured bonds in early 2025. Management has implemented rigorous cost controls and personnel restructuring to mitigate ongoing losses. However, due to the complexity and scale of its lead development projects, no earnings forecast has been provided for the 2025 fiscal year. The company remains reliant on the successful launch of its upcoming pipeline to stabilize its long-term financial health and recover from its current liquidity constraints.

KLabMar 2025

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Results Presentation: Q3 for the Fiscal Year Ending March 2025

This financial presentation details the consolidated results for Sega Sammy Holdings for the third quarter of the fiscal year ending March 2025. The findings indicate a strong overall performance, particularly within the Entertainment Contents segment, which includes consumer games and animation. While the company reported a year-to-date net sales decrease to 322.3 billion yen compared to the previous year, it revised its full-year ordinary income forecast upward to 51.5 billion yen, driven by robust performance in its core intellectual properties. The scope of the report covers global operations across three primary segments: Entertainment Contents, Pachislot and Pachinko Machines, and Gaming. In the consumer area, the successful launches of Metaphor: ReFantazio and Sonic X Shadow Generations contributed to strong sales, though the company recorded an inventory write-down following the cancellation of Football Manager 25. The animation division saw significant gains from the Sonic the Hedgehog cinematic franchise. Conversely, the Pachislot and Pachinko segment faced a downward revision in sales forecasts due to the postponement of mainstay titles to the next fiscal year to ensure product quality. The Gaming business, centered on North American slot machine sales and the Paradise City resort in South Korea, showed steady growth. The company announced an organizational restructuring of this segment to integrate recent acquisitions like GAN and Stakelogic, aiming to establish gaming as a third major business pillar. Methodologically, the report utilizes consolidated financial data, exchange rate impact analysis, and unit sales tracking. The company maintains a shareholder return policy targeting a total return ratio of 50% or a 3% dividend on equity, supported by a medium-term plan to invest over 100 billion yen in research, development, and strategic growth.

Sega Sammy HoldingsFeb 2025

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Summary of Main Supplementary Explanations Questions and Answers at the FY2025 Second Quarter GREE Results Briefing Held on February 6, 2025

GREE Group’s fiscal 2025 second-quarter performance reflects a strategic pivot toward stabilizing mainstay gaming titles while aggressively scaling its VTuber business. The Game and Anime segment is currently anchored by the upcoming release of Puella Magi Madoka Magica Magia Exedra, which has surpassed 500,000 pre-registrations as of late January 2025. This performance exceeds internal expectations and historical benchmarks for the company’s past hits, suggesting strong market anticipation despite a generally tightening smartphone game environment. Management maintains a development cadence of at least one major release per year, emphasizing that individual project timelines are independent and that delays in one title do not impact the broader pipeline. Performance trends for existing titles, including Heaven Burns Red and That Time I Got Reincarnated as a Slime: ISEKAI Memories, indicate a slowing rate of decline as these games mature beyond their third year of operation. This stabilization provides a foundation for the company to absorb the costs associated with newer ventures. In the VTuber segment, revenue growth is driven by talent merchandise, live music events, and seasonal participation in major industry events like Winter Comiket. While the business currently reports losses, these are attributed to one-time investments in 3D model production and character designs for new talent debuts. The VTuber business is expected to reach a turning point in profitability as the initial phase of talent acquisition and asset creation concludes. Management targets approximately ¥3.0 billion in annual sales for this segment, with a goal of achieving monthly profitability within fiscal year 2026. By diversifying income across a broad roster of talent rather than relying on a single performer, the company aims to build a sustainable, high-growth vertical that complements its traditional gaming operations. Overall, the strategy focuses on leveraging established intellectual properties and expanding digital talent platforms to drive long-term financial recovery.

GREEFeb 2025

FY2025 Second Quarter Financial Results

GREE Group achieved strong second-quarter results for fiscal year 2025, recording consolidated net sales of ¥15.6 billion and an operating profit of ¥2.2 billion. This performance was primarily fueled by successful anniversary events within the Game and Anime segment and substantial dividends from the Investment Business. While the core operational segments—Game and Anime, Metaverse, and DX—generated ¥13.7 billion in sales, the company issued a conservative downward revision for the full-year forecast. This adjustment reflects anticipated year-over-year declines in sales and profit due to delayed new title releases and rising development costs for console games. The Game and Anime business remains a cornerstone of the group's portfolio, surpassing internal expectations in the second quarter with an operating profit of ¥1.21 billion. Simultaneously, the Metaverse segment demonstrated robust growth, particularly through its VTuber business, which saw a 211% year-over-year sales increase. The DX Business is currently in a transitional investment phase, shifting from project-based work to a recurring-earnings SaaS model. Although these investments are expected to temporarily suppress short-term margins, the group maintains an aggressive medium-term target of a 41% profit CAGR through fiscal year 2027. The Investment Business provided significant volatility and upside, contributing to a major quarterly surge in profit through fund dividends. With ¥49.6 billion in assets under management, this segment is increasingly focused on third-party capital management while maintaining a portfolio that consistently outperforms venture capital benchmarks. Geographically centered on the Japanese market but expanding its digital reach, the group is balancing long-term stability in its legacy segments with high-growth trajectories in its emerging Metaverse and DX operations, underpinned by a commitment to sustainability and internet safety.

GREEFeb 2025

GREE Holdings FY2025 Q2 Financial Results Briefing (Transcript)

GREE Holdings reported strong financial results for the second quarter of fiscal year 2025, characterized by growth in both revenue and profitability. Consolidated net sales reached ¥15.6 billion with an operating profit of ¥2.2 billion. To provide clearer insight into core operations, the company has transitioned to a "three segments" disclosure model—comprising Game and Anime, Metaverse, and DX—separating them from the more volatile Investment Business. On this three-segment basis, net sales were ¥13.7 billion and operating profit was ¥1.2 billion, exceeding previous forecasts. The Game and Anime Business remains a primary driver, benefiting from anniversary events for "That Time I Got Reincarnated as a Slime: ISEKAI Memories" and increased investment returns from new anime broadcasts. While the company noted a delay in a new title release, it raised its full-year operating profit forecast for the segment due to operational efficiencies. The Metaverse Business achieved record quarterly sales of ¥2.1 billion, fueled by a high-performing VTuber subsegment and resilient platform earnings. Meanwhile, the DX Business is undergoing a structural shift toward a recurring-earnings SaaS model, with a major subsidiary integration into GREE X, Inc. to streamline operations. The Investment Business saw a significant recovery, posting strong gains from fund dividends and increasing its total investment valuation to ¥36.3 billion. Strategically, GREE is shifting toward managing third-party capital to generate GP investment earnings, targeting a first close for new Japanese and U.S. funds in mid-2025. Despite anticipated short-term profit declines in the third quarter due to promotional costs for upcoming titles, the company maintains its medium-term outlook for substantial growth by FY2027, supported by a robust development pipeline and expansion into console gaming.

GREEFeb 2025

Consolidated Financial Results for the Nine Months Ended December 31, 2024

MIXI, Inc. reported strong financial growth for the first nine months of the fiscal year ending March 31, 2025, characterized by significant increases in profitability despite moderate revenue growth. Net sales reached ¥110,352 million, a 4.9% increase over the previous year, while operating income surged 62.6% to ¥17,030 million. Profit attributable to owners of the parent rose by 123.1% to ¥10,416 million. This performance was driven by a substantial reduction in selling, general, and administrative expenses and improved margins across several business segments. The Digital Entertainment Business remains the primary revenue driver, largely supported by the mobile game Monster Strike, contributing ¥65,455 million in sales and ¥28,479 million in segment profit. The Sports Business showed a notable turnaround, moving from a loss in the previous period to a profit of ¥1,113 million on sales of ¥28,394 million. The Investment Business also saw a dramatic increase in revenue, rising from ¥1,117 million to ¥5,052 million, while the Lifestyle Business maintained steady growth. Geographically focused on the Japanese market, the results cover the period from April 1, 2024, to December 31, 2024. The financial position remains stable with an equity ratio of 78.5% and total assets of ¥220,445 million. However, the period was impacted by an internal investigation into improper transactions at the subsidiary Chariloto Co., Ltd., involving ¥1,026 million in unauthorized dealings. This resulted in a net loss of ¥552 million attributable to the parent company after tax adjustments. Based on these nine-month results, the full-year forecast has been revised upward. The company now expects annual net sales of ¥153,000 million and a profit attributable to owners of the parent of ¥17,500 million, representing a 147.1% increase over the prior fiscal year. Dividends are projected to remain steady at ¥110 per share for the full year.

MIXI, Inc.Feb 2025

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Mid-term Plan and Information Meeting: Fiscal Year Ending March 2025 Third Quarter Results Presentation

Bandai Namco’s recent financial briefing underscores a period of accelerated growth and a reinforced commitment to shareholder value. In the first nine months of fiscal 2025, the company posted record‑high net sales of ¥955.6 billion, a 23.8 % increase year‑on‑year, while operating profit surged 229 % to ¥179.2 billion. The bulk of this expansion stemmed from a ¥94 billion rise in Digital‑segment revenue, which lifted overall profit by ¥68 billion, and the firm now projects full‑year net sales of roughly ¥1.23 trillion. Concurrently, Bandai Namco has tightened its shareholder‑return framework, pledging a total‑return ratio of at least 50 % and raising the minimum dividend‑on‑equity to 3.6 % from the prior 2 %. This policy shift reflects a strategic emphasis on delivering consistent cash returns alongside earnings growth. Looking ahead, the company’s mid‑term plan for fiscal 2028‑3 sets ambitious targets of ¥1.45 trillion in consolidated net sales and ¥200 billion in operating profit. These goals signal confidence that the momentum generated by digital offerings and broader entertainment assets can sustain double‑digit expansion over the next several years. Overall, the briefing presents a clear thesis: robust digital‑driven performance in FY2025 provides a foundation for heightened profitability and an enhanced return‑to‑shareholder agenda, while the outlined mid‑term objectives chart a trajectory toward sustained scale in the global gaming and entertainment market.

Bandai NamcoFeb 2025

Financial Results Explanatory Material: 3rd Quarter of Fiscal Year Ending March 2025

**Nintendo Co., Ltd. – FY 2025 Q1‑Q3 Financial Results (Explanatory Material)** *Prepared 4 Feb 2025 – covering the period 1 Apr 2024 – 31 Dec 2024 (FY 25 Q1‑Q3)* --- ## 1. Core Financial Highlights (FY 24 Q1‑Q3 vs. FY 25 Q1‑Q3) | Metric | FY 24 Q1‑Q3 | FY 25 Q1‑Q3 | YoY Δ | |--------|------------|------------|-------| | **Net sales** | ¥1,394.7 bn | ¥956.2 bn | **‑31.4 %** | | **Operating profit** | ¥464.4 bn | ¥247.5 bn | **‑46.7 %** | | **Operating profit margin** | 33.3 % | 25.9 % | **‑7.4 pts** | | **Ordinary profit** | ¥567.3 bn | ¥327.1 bn | **‑42.3 %** | | **Net profit** (profit attributable to owners) | ¥408.0 bn | ¥237.1 bn | **‑41.9 %** | | **Net profit margin** | 29.3 % | 24.8 % | **‑4.5 pts** | *The decline is driven primarily by weaker hardware and software sales, a shift toward a higher share of “Other” (merchandise) revenue, and a less favorable foreign‑exchange environment.* --- ## 2. Revenue Mix | Category (FY 24 Q1‑Q3) | FY 25 Q1‑Q3 | YoY Δ | |------------------------|------------|-------| | **Dedicated video‑game platform** (hardware + software + accessories) | ¥895.5 bn | **‑31.7 %** | | – Hardware | ¥895.5 bn × 46.1 % ≈ ¥413 bn | **‑30.6 %** (units) | | – Software (first‑party) | ¥895.5 bn × 73.4 % ≈ ¥658 bn | **‑9.1 pts** in share | | **Mobile / IP‑related income** | ¥49.7 bn | **‑33.9 %** | | **Other (merchandise, official stores, playing cards)** | ¥10.9 bn | **+27.6 %** | | **Proportion of sales outside Japan** | 76.5 % (FY 25) | up from 71.5 % (FY 24) | *Digital sales grew as a share of software revenue (48.1 % → 51.0 %). The average USD/JPY exchange rate rose from ¥143.22 to ¥152.45, adding ¥9.23 per dollar to the yen‑denominated results.* --- ## 3. Cost Structure | Item | FY 24 Q1‑Q3 | FY 25 Q1‑Q3 | YoY Δ | |------|------------|------------|-------| | **SG&A expenses** | ¥