KLab

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Consolidated Financial Results for Q3 2019: Japan

KLab Inc. reported consolidated financial results for the first nine months of fiscal year 2019 (January 1–September 30), showing a decline in revenue and profitability compared with the same period of FY2018. Total consolidated revenue fell 10.3 % to ¥22,377 million, driven by weaker performance of key titles such as *Love Live! School Idol Festival* and *Captain Tsubasa: Dream Team*, offset by releases of *Magatsu Wahrheit* and *Love Live! School Idol Festival ALL STARS*. Operating income dropped 57.1 % to ¥1,711 million, ordinary income fell 61.8 % to ¥1,569 million, and profit attributable to owners of parent decreased 53.7 % to ¥1,216 million. Net income for the period was ¥1,186 million, a 55 % decline from ¥2,629 million in FY2018. Comprehensive income also contracted sharply to ¥1,367 million from ¥2,635 million. Total assets increased to ¥23,415 million, largely due to higher accounts receivable and software assets, while total liabilities rose to ¥6,125 million, driven by a significant increase in long‑term debt. Net assets grew to ¥17,290 million, supported by retained earnings gains despite a reduction in treasury stock. The equity ratio fell from 75.1 % to 69.2 %. KLab adopted a range‑based forecast methodology for FY2019, revising its operating performance outlook to ¥1,750 million in operating income, ¥1,600 million in ordinary income, and ¥1,200 million in profit attributable to owners of parent. No dividends were declared for FY2019. The report covers the Japanese market, reflects Japanese GAAP, and is based on consolidated financial statements with no changes in accounting policies or restatements during the period.

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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 First Quarter: Fiscal Year Ending December 31, 2015

KLab Inc. reported first‑quarter fiscal 2015 results that marked a dramatic turnaround from the same period in FY2014. Consolidated revenue rose 27.4 % to ¥5,637 million, driven by strong sales of “Celestial Craft Fleet” and “Tales of Asteria,” while operating income surged 960.8 % to ¥1,019 million and net income climbed 732.8 % to ¥426 million. The company’s comprehensive income for the quarter reached ¥471 million, an 872 % increase over FY2014. Net assets grew to ¥9,576 million, reflecting a 5.2 % rise in retained earnings and an equity ratio of 76.9 %. Total assets declined slightly to ¥12,397 million as current assets fell due to lower cash and receivables, whereas intangible assets increased by ¥160 million. The first‑half forecast projects revenue of ¥10,138 million and net income of ¥574 million, indicating continued momentum. No dividends were declared for FY2014 or FY2015, and the forecasted dividend remains unchanged. The company applied a special accounting treatment for employee stock ownership plans, but this had no material impact on the quarterly statements. The fiscal year is covered under Japanese GAAP, with a sample of 37 million shares outstanding and an average of 36.2 million shares during the quarter. The report is based on consolidated financial statements, including balance sheets, income statements, and comprehensive income, with no significant changes in accounting policy beyond the adoption of a trust‑based employee stock plan.

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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

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Summary of Financial Results for First 3 Quarters of Fiscal Year Ending December 2014: Japan

KLab Inc. reported consolidated financial results for the first three quarters of fiscal year 2014 (January 1–September 30, 2014). Revenue rose to ¥15.94 billion, a 46.4 % increase over the same period of FY2013, driven by strong sales of “Love Live! School Idol Festival” and “Celestial Craft Fleet.” Operating income reached ¥1.89 billion, ordinary income ¥1.99 billion, and net income ¥1.29 billion, marking the third consecutive quarter of record highs and a turnaround from a net loss in FY2013. Net income per share climbed to ¥38.16, up from a negative figure the previous year. Total assets increased to ¥11.58 billion, with current assets up by ¥2.89 billion largely due to cash and deposits; fixed assets declined slightly as rental deposits fell. Total liabilities dropped by ¥1.68 billion, mainly from reduced short‑term and long‑term loans, resulting in net assets of ¥8.56 billion and an equity ratio of 73.6 %. Capital stock and surplus grew substantially after new share subscriptions, while retained earnings turned positive. The company forecasts FY2014 revenue at ¥21.94 billion, operating income of ¥2.19 billion, ordinary income of ¥2.30 billion, and net income of ¥1.51 billion, assuming stable fourth‑quarter sales and a planned advertising spend of ¥1 billion. No dividends are expected for FY2014. The fiscal year change from August to December 31 was noted, and Mediaincruise Co., Ltd. was removed from consolidation after its absorption merger. The results reflect a robust recovery in the Japanese mobile gaming segment during 2014.

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KLab

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Summary of Financial Results: Fiscal Year Ending December 31, 2018

KLab Inc. reported consolidated financial results for the fiscal year ending December 31, 2018 under Japanese GAAP. Revenue rose 22.0 % to ¥32.67 billion, driven by mobile game titles such as Love Live! School Idol Festival, BLEACH Brave Souls, and YU HAKUSHO 100% Maji Battle. Operating income increased modestly by 2.1 % to ¥4.99 billion, while ordinary income grew 3.0 % to ¥4.998 billion. Profit attributable to owners of parent fell 17.8 % to ¥2.57 billion, largely due to extraordinary losses totaling ¥958 million—including impairment of software assets, disposal of fixed assets, and valuation loss on investment securities. Net income declined 17.8 % to ¥2.57 billion, and comprehensive income dropped 23.6 % to ¥2.42 billion. Total assets expanded to ¥19.25 billion, driven by increases in software in progress and intangible assets; total liabilities decreased to ¥4.78 billion, mainly due to lower income‑tax payable. Equity ratio improved to 75.1 %, and net assets per share rose to ¥387.36. Cash and cash equivalents fell by ¥2.06 billion, with operating cash flow of ¥3.80 billion offset by a ¥5.11 billion outflow in investing activities and a ¥0.70 billion inflow from financing. The company issued new shares, repurchased treasury stock, and paid no dividends in 2018. Forecasts for FY2019 present a revenue range of ¥32–40 billion, operating income of ¥1–4.5 billion, and profit attributable to owners between ¥0.7–3.1 billion, reflecting uncertainty in new title performance. The analysis covers the Japanese market exclusively and relies on consolidated financial statements, segment reporting for a single “Game Business” unit, and standard Japanese accounting policies.

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KLab

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Summary of Financial Results for Third Quarter of Fiscal Year Ended December 31, 2022: KLab Inc.

KLab Inc. reported consolidated operating results for the third quarter of fiscal year 2022 (January 1–September 30, 2022). Revenue fell to ¥12.51 billion, a 33.1 % decline from the same period in FY2021, driven by lower game‑business sales. Operating income turned a loss of ¥570 million versus a ¥729 million loss in FY2021, while ordinary income shifted to a profit of ¥195 million from a loss of ¥850 million. Net income for the quarter was a loss of ¥307 million, compared with a ¥1.77 billion loss in FY2021; comprehensive income improved to a loss of ¥373 million from ¥1.68 billion in the prior year. Total assets increased to ¥20.46 billion, up 9.4 % from FY2021, with net assets rising to ¥13.31 billion and the equity ratio improving to 64.9 % from 68.4 %. The company’s cash and deposits grew to ¥7.08 billion, while short‑term debt of ¥500 million was introduced during the quarter. No dividends were declared for FY2022, and the company forecasted no change to its dividend policy. The financial statements reflect a transition to the Accounting Standard for Revenue Recognition, which reduced reported revenue by ¥65 million and increased operating loss accordingly. No material restatements or significant changes in accounting estimates were noted. The company’s segment reporting shows the game business as the sole revenue driver, with a gross profit of ¥2.05 billion in FY2022 versus ¥1.98 billion in FY2021. Overall, KLab’s third‑quarter performance indicates a contraction in game revenue but an improvement in profitability metrics relative to the previous year, amid ongoing adjustments to accounting policies and a modest increase in debt financing.

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KLab

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Summary of Financial Results for First Quarter of Fiscal Year Ended December 31, 2022

KLab Inc. reported a first‑quarter operating loss of ¥281 million, down from a ¥505 million loss in the same period of FY2021. Revenue fell 35.7 % to ¥4.11 billion, driven by a decline in game‑business sales; the company recorded a ¥1.54 billion impairment loss on software, eliminating the prior year’s extraordinary loss and reducing net loss to ¥177 million. Comprehensive income for the quarter was a ¥224 million loss, reflecting foreign‑exchange gains and valuation adjustments on available‑for‑sale securities. Total assets stood at ¥18.72 billion, with shareholders’ equity of ¥12.63 billion and an equity ratio of 67.4 %. No dividends were declared for FY2022, and the company withheld a forecast of annual operating performance due to forecasting difficulty. The financial statements are prepared under Japanese GAAP and include a detailed segment analysis. The game business remains the sole reported segment, with revenue from paid customers at ¥3.44 billion and contract‑based revenue at ¥1.57 billion, yielding a gross profit of ¥608 million. The company applied the Accounting Standard for Revenue Recognition from the beginning of FY2022, shifting revenue recognition to a period‑of‑use basis for in‑game currency and a one‑time method for license grants, which increased revenue by ¥9 million and improved operating loss by the same amount. The change had no impact on retained earnings or prior‑year figures. The quarterly report covers Japan only, covering January to March 2022, and is based on consolidated financial statements with no restatements or significant accounting changes beyond the revenue‑recognition policy shift.

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KLab

Consolidated Financial Results for Q3 2019: Japan

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

Summary of Financial Results for Fiscal Year Ending December 31, 2016

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

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

Summary of Financial Results for First 3 Quarters of Fiscal Year Ending December 2014: Japan

Summary of Financial Results for Second Quarter (First Half) of Fiscal Year Ended December 31, 2025: Japan

Summary of Financial Results: Fiscal Year Ending December 31, 2018

Summary of Financial Results: Fiscal Year Ending December 31, 2019

Summary of Financial Results for Third Quarter of Fiscal Year Ended December 31, 2022: KLab Inc.

Summary of Financial Results for Fiscal Year Ended December 31, 2022

Summary of Financial Results for First Quarter of Fiscal Year Ended December 31, 2022

KLab

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