KLab
55 reports, presentations and talks by KLab in the Game Industry Library, the newest “Summary of Financial Results for First Quarter: Fiscal Year Ended December 31, 2026” (2026).
Documents
Summary of Financial Results for First Quarter: Fiscal Year Ended December 31, 2026
KLab Inc.’s financial results for the first quarter of the fiscal year ending December 31, 2026, reflect a period of strategic transition characterized by declining core game revenues offset by growth in new business initiatives.
- KLab Inc. reported a net loss attributable to owners of parent of ¥509 million for Q1 FY2026, an increase from a ¥479 million loss in Q1 FY2025.
- Despite a 4.3% increase in revenue to ¥1,705 million in Q1 FY2026 compared to the previous year, the company's operating loss widened to ¥453 million from ¥288 million.
- The company recorded a crypto asset valuation loss of ¥55 million in Q1 FY2026 due to market fluctuations, and an investment partnership operating loss of ¥26 million.
Summary of Financial Results for Fiscal Year Ended December 31, 2025 (Japanese GAAP)
Fiscal performance for the year ended December 31, 2025, reflects a period of significant structural transition as the organization grapples with a 17.5% year-on-year revenue decline to ¥6.86 billion.
- The company reported a net loss of ¥4.18 billion and an operating loss of ¥1.30 billion for the fiscal year ended December 31, 2025, driven by a 17.5% revenue decline to ¥6.86 billion.
- A substantial ¥4.43 billion impairment loss on software assets related to EA SPORTS FC™ TACTICAL significantly impacted the annual financial results.
- Core mobile titles, including BLEACH Brave Souls and Captain Tsubasa: Dream Team, underperformed, contributing to a decline in mobile gaming segment profits from ¥1.13 billion to ¥830.5 million.
Summary of Financial Results for Third Quarter of Fiscal Year Ended December 31, 2025
KLab Inc. experienced a significant downturn during the third quarter of fiscal year 2025, characterized by an 18.6% year-over-year revenue decline to ¥4.93 billion.
- KLab Inc. reported a net loss of ¥3.97 billion for Q3 2025, driven by an 18.6% year-over-year revenue decline to ¥4.93 billion.
- The company recorded a ¥4.42 billion impairment charge on software assets, primarily linked to EA SPORTS FC™ TACTICAL and the divestment of GlobalGear Co. Ltd.
- Despite four consecutive years of operating deficits, management maintains that no material uncertainty exists regarding the company's status as a going concern.
Summary of Financial Results for Second Quarter (First Half) of Fiscal Year Ended December 31, 2025
KLab Inc. experienced a challenging first half of the fiscal year ending December 31, 2025, characterized by a 12.9% year-over-year revenue decline to 3,161 million yen and a substantial net loss of 4,748 million yen.
- KLab Inc. reported a net loss of 4,748 million yen for the first half of fiscal year 2025, driven largely by a 4.43 billion yen impairment charge on software in progress.
- Revenue declined 12.9% year-over-year to 3,161 million yen, while total assets dropped from 15.7 billion yen to 10.9 billion yen.
- The company has suspended interim dividends and declined to provide a full-year financial forecast due to ongoing performance volatility and four consecutive years of operating deficits.
Summary of Financial Results for First Quarter of Fiscal Year Ended December 31, 2025
KLab Inc. reported a revenue of 1.64 billion yen for the first quarter of the fiscal year ending December 31, 2025, representing a 3.4% year-over-year increase.
- KLab Inc. has disclosed material uncertainty regarding its ability to continue as a going concern due to four consecutive periods of operating losses, negative cash flow, and breached financial covenants.
- The company reported a net loss of 479 million yen and an operating loss of 288 million yen for Q1 2025, despite a 3.4% year-over-year revenue increase to 1.64 billion yen.
- To stabilize its precarious financial position, the company secured 650 million yen through the issuance of unsecured bonds and new stock acquisition rights via Macquarie Bank.
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.
- KLab Inc. reported a 22.5% year-over-year revenue decline to 8.3 billion yen and a net loss of 2.78 billion yen for the fiscal year ended December 31, 2024.
- The company breached financial covenants following its fourth consecutive year of operating deficits, with cash equivalents dropping to 1.61 billion yen and total net assets falling to 10.37 billion yen.
- To address liquidity concerns and a going concern status, KLab secured approximately 2.8 billion yen in funding through third-party allotments and unsecured bonds in early 2025.
Summary of Financial Results for Third Quarter of Fiscal Year Ended December 31, 2024
KLab Inc. experienced significant financial contraction during the first nine months of fiscal year 2024, reporting a 27.5% year-over-year revenue decline to 6.06 billion yen.
- KLab Inc. reported a 27.5% year-over-year revenue decline to 6.06 billion yen for the first nine months of fiscal year 2024, resulting in an operating loss of 1.11 billion yen and a net loss of 1.76 billion yen.
- The company is facing significant fiscal strain characterized by three consecutive years of operating deficits and a shift to negative retained earnings.
- To address liquidity issues, the firm raised 723 million yen through new stock acquisition rights and bonds while actively selling investment securities to stabilize its capital position.
Summary of Financial Results for Second Quarter (First Half) of Fiscal Year Ended December 31, 2024
KLab Inc. reported a significant downturn in financial performance for the first half of the fiscal year ending December 31, 2024. Revenue fell to 3,629 million yen, a 32.4% decrease compared to the same period in 2023.
- KLab Inc. reported a significant financial downturn for the first half of 2024, with revenue falling 32.4% year-over-year to 3,629 million yen.
- The company recorded an operating loss of 1,024 million yen and a net loss attributable to owners of the parent of 1,341 million yen, resulting in a net loss per share of 32.47 yen.
- Management has declined to provide a consolidated performance forecast for the remainder of the fiscal year, citing volatility in the mobile gaming market.
Summary of Financial Results for First Quarter of Fiscal Year Ended December 31, 2024
KLab Inc. reports a significant downturn in financial performance for the first quarter of the fiscal year ending December 31, 2024.
- KLab Inc. reported a 45.3% year-over-year revenue decline to 1,581 million yen for Q1 2024, resulting in an operating loss of 658 million yen and a net loss of 1,096 million yen.
- The company has withheld its consolidated performance forecasts for the remainder of the fiscal year, citing the difficulty of making reasonable financial projections.
- To address liquidity needs following three consecutive years of operating deficits, the company raised approximately 2.9 billion yen in April 2024 through a third-party allotment of new stock acquisition rights and unsecured bonds.
Summary of Financial Results for Fiscal Year Ended December 31, 2023
The fiscal year ended December 31, 2023, marked a period of significant financial contraction and strategic transition for the organization.
- Consolidated revenue dropped 36.5% year-over-year to ¥10.7 billion, resulting in an operating loss of ¥1.1 billion and a net loss of ¥1.73 billion.
- The company recorded a net loss per share of 42.74 yen, impacted by an extraordinary impairment loss of ¥841 million on software assets.
- Cash and equivalents declined by ¥3.8 billion to ¥2.21 billion, driven by negative operating cash flow and ¥2.82 billion in intangible asset investments.
Summary of Financial Results for Third Quarter of Fiscal Year Ended December 31, 2023
This financial summary details the consolidated operating performance of KLab Inc. for the first nine months of the fiscal year ended December 31, 2023.
- KLab Inc. reported a 33.2% year-over-year revenue decline to 8,355 million yen for the first nine months of 2023, resulting in an operating loss of 731 million yen.
- The core Game Business experienced a sharp contraction in paid user income, which fell from 10.8 billion yen in 2022 to 6.4 billion yen in 2023.
- The company's 'Other' segment, now focused on blockchain ventures, grew revenue to 583 million yen and shifted from a loss to a 291 million yen profit.
Summary of Financial Results for Fiscal Year Ended December 31, 2022 (Japanese GAAP)
KLab Inc. experienced a transitional fiscal year ending December 31, 2022, characterized by a strategic contraction in revenue alongside a significant narrowing of net losses.
- KLab Inc. reported a 29.4% year-over-year revenue decline to 16.88 billion yen for the fiscal year ending December 31, 2022, driven by the withdrawal of underperforming titles and weak sales for Captain Tsubasa: Dream Team.
- Net loss attributable to owners improved significantly to 541.9 million yen in 2022, down from 3.47 billion yen in 2021, aided by reduced operating expenses and foreign exchange gains.
- Operating losses narrowed to 598 million yen from 1.1 billion yen in the previous year, supported by aggressive cost-cutting measures and the sustained performance of BLEACH Brave Souls.