Koei Tecmo

Game Co.

212 documents

Japanese developer/publisher. Dynasty Warriors, Nioh, Dead or Alive, Atelier, Romance of the Three Kingdoms.

Documents

Report

Financial Highlights: 1st Half of Fiscal Year Ending March 2020

The financial highlights cover KOEI TECMO HOLDINGS’ first half of fiscal year 2019, ending March 2020. Net sales rose to ¥38.97 billion from ¥17.41 billion the prior year, a 4.8 % decline versus the second full year of FY2018 but an increase of 10.3 % against the forecasted ¥43 billion. Gross profit fell by 10.2 %, while operating income dropped 26.6 % to ¥12.09 billion, slightly below the ¥12 billion forecast. Net income decreased 5.7 % to ¥13.69 billion, again below the projected ¥13 billion. Segment analysis shows entertainment sales at ¥35.12 billion, a 5 % decline from the same period in FY2018 but an 11.2 % rise versus forecast, and operating income from entertainment increased to ¥11.08 billion, a 0.5 % gain over the forecast. Amusement and real‑estate segments also posted higher sales than expected, though operating margins remained lower than the previous year. The “Other” segment saw a modest sales increase but a 48 % drop in operating income. Balance‑sheet data as of September 30, 2019 indicate total assets of ¥125.75 billion, down from ¥129.19 billion the prior year, largely due to a reduction in current assets and fixed‑asset write‑downs. Current liabilities fell to ¥6.39 billion from ¥8.96 billion, improving liquidity. Shareholders’ equity remained stable at ¥118.67 billion, with retained earnings slightly lower than the prior year. Overall, KOEI TECMO experienced modest revenue growth against forecasts but faced margin compression across segments, while its balance sheet remained solid with reduced liabilities and stable equity.

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Koei Tecmo

Report

Regarding SDGs/ESG: FY2021

1-18-12 Minowa-cho, Kouhoku-ku, Yokohama-shi, Kanagawa, 223-8503 TEL: 045-562-8111 https://www.koeitecmo.co.jp/ ©KOEI TECMO GAMES All rights reserved. KOEI TECMO Ethos Our purpose is to contribute to the fulfillment and enjoyment of the people KOEI TECMO Ethos Our purpose is to contribute to the fulfillment and enjoyment of the people around the world through the creation of new value instilled within Creativity & Contribution our products and ...

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Koei Tecmo

Report

Financial Highlights: Q1 FY2014

Financial highlights for the first quarter of fiscal year 2014 demonstrate a robust performance across KOEI TECMO HOLDINGS’ diversified portfolio. Net sales reached ¥37,576 million, a 2.8% decline from the prior year’s full‑year figure but aligned with the forecasted ¥38,000 million. Gross profit fell 9.1% to ¥16,150 million, while operating income surged 959.1% to ¥7,140 million, reflecting a sharp rise in profitability from the core gaming segment. Income before taxes climbed 27.4% to ¥10,691 million, and net income increased 45.0% to ¥6,936 million, approaching the forecasted ¥7,000 million. Segment analysis shows Game Software sales of ¥25,441 million, down 14.4% YoY but near forecasted levels; Online & Mobile sales rose 18.4% to ¥6,423 million, surpassing the projected ¥7,000 million by 9.0%. Media & Rights and Pachislot & Pachinko segments posted significant gains of 68.1% and 18.4%, respectively, while Amusement Facilities declined 8.3%. Operating income mirrored these trends: Game Software contributed ¥6,017 million (−33.1% YoY), Online & Mobile added ¥1,073 million (+71.9%), and Media & Rights turned a profit of ¥202 million after a prior loss. Balance‑sheet data as of June 30, 2014 show total assets at ¥93,826 million, down from ¥100,622 million the previous year, largely due to a reduction in current assets and a modest decline in fixed assets. Current liabilities fell sharply from ¥10,122 million to ¥4,421 million, improving liquidity. Shareholders’ equity remained strong at ¥84,433 million, with retained earnings slightly lower than the prior year. Overall, the quarter reflects a strategic shift toward higher‑margin online and mobile offerings while maintaining solid financial health.

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Koei Tecmo

Report

Financial Highlights: 2nd Quarter of the Fiscal Year Ending March 2021

Financial highlights for KOEI TECMO Holdings’ second quarter of fiscal 2020 reveal a robust expansion across its core entertainment segment, with net sales rising 39.7 % year‑over‑year to ¥42.6 billion and gross profit increasing 76 % to ¥22.6 billion. Operating income surged 145.6 % to ¥14.1 billion, driven largely by the entertainment division’s 176 % jump to ¥13.4 billion, while amusement and real‑estate segments posted modest gains of 88.8 % and 33.7 %, respectively. Net income nearly doubled, reaching ¥15.3 billion (99.7 % increase), and the company projected a full‑year net sales forecast of ¥51 billion, up 19.6 % from the prior year. Balance‑sheet activity shows total assets rising to ¥160.4 billion, primarily due to a significant increase in marketable securities (from ¥337 million to ¥7.1 billion) and investment securities (to ¥87.4 billion). Current assets grew modestly, while current liabilities fell from ¥24.1 billion to ¥21.5 billion, reflecting a reduction in short‑term borrowings and trade payables. Shareholders’ equity expanded to ¥133 billion, supported by retained earnings growth and a modest decline in treasury stock. The report covers Japan‑based operations for the fiscal year ending March 2020, with quarterly data for September 30, 2020. No survey methodology is disclosed; figures derive from consolidated financial statements prepared under Japanese GAAP. Overall, the company demonstrates strong profitability and liquidity, with strategic investment in securities bolstering its asset base.

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Koei Tecmo

Report

Financial Highlights: Fiscal Year Ending March 2019

Financial highlights for the fiscal year ending March 2019 show KOEI TECMO HOLDINGS CO., LTD. maintained stable top‑line performance, with net sales rising 0.1 % to ¥38,968 million compared to the prior year and a forecasted increase of 10.3 % for FY2019. Gross profit grew 2.9 %, while operating income expanded by 3.3 % to ¥12,092 million; the company’s operating margin remained near 31 %. Income before taxes and minority interests increased modestly by 0.1 % to ¥18,307 million, but net income declined 5.1 % to ¥13,000 million against a forecast of ¥13,694 million. Segment analysis reveals the entertainment division as the largest contributor to sales (¥35.1 billion) but experienced a slight 0.8 % decline, whereas the pachislot & pachinko segment surged 73.4 % in sales to ¥1,639 million and doubled operating income. Amusement facilities saw a marginal drop in sales but improved profitability, while real estate and other segments contracted sharply. The company’s balance sheet shows total assets of ¥129,192 million, up 0.6 % from the previous year, driven largely by increases in cash and marketable securities. Current liabilities fell 18 % to ¥8,957 million, largely due to reduced tax payable and allowances. Shareholders’ equity rose 5.4 % to ¥119,204 million, supported by retained earnings growth and a modest increase in capital surplus. The financial data cover Japan‑based operations for FY2019, with figures presented in millions of yen. The report relies on consolidated financial statements prepared under Japanese GAAP, reflecting a comprehensive view of the company’s performance and liquidity across its entertainment, pachislot & pachinko, amusement facilities, real estate, and other business segments.

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Koei Tecmo

Report

Financial Highlights: Fiscal Year Ending March 2011

Financial highlights for the fiscal year ending March 2011 show a mixed performance for Tecmo Koei Holdings. Net sales fell 7 % to ¥32,081 million from ¥34,502 million in FY2009, driven mainly by declines in game software sales (‑6.6 %) and media & rights revenue (‑44.7 %). Conversely, online & mobile sales grew 14.9 %, and pachislot & pachinko revenue increased 31.5 %. The “Other” segment, largely comprising new or restructured businesses, surged 167.3 % to ¥278 million. Operating income expanded dramatically by 415.6 %, rising from ¥641 million to ¥3,305 million. This surge was largely due to a 101.2 % jump in game software operating income and a 109.3 % increase in amusement facilities, offset by declines in pachislot & pachinko (‑17.4 %) and media & rights (negative contribution). The “Other” segment contributed a 326.3 % increase in operating income, reflecting successful new initiatives. Income before taxes and minority interests grew 49.4 % to ¥4,515 million, while net income increased modestly by 5.3 % to ¥2,741 million. The company’s profitability improved despite lower sales volumes, largely through cost efficiencies and higher-margin segments. The analysis covers Japan‑based operations for FY2010, using consolidated financial statements. Data are presented in millions of yen, with year‑over‑year comparisons highlighting key segment shifts and overall profitability trends.

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Koei Tecmo

Report

Financial Results for the Q3: Fiscal Year Ending March 2026

The quarterly briefing outlines KOEI TECMO HOLDINGS’ financial performance for the third quarter of fiscal 2026, highlighting a modest decline in consolidated sales to ¥52.57 billion from ¥51.73 billion, a 1.6 % year‑on‑year drop driven primarily by weaker online and mobile segments. Operating profit fell to ¥15.08 billion, a 3.3 % decline, while ordinary and net profits decreased by 6.2 % and 5.5 %, respectively, reflecting higher employment costs offset by reduced variable expenses. Segment analysis shows entertainment sales contracted by ¥1.25 billion, whereas amusement and real‑estate units posted gains of ¥333 million and ¥34 million, respectively. The company’s earnings forecast for FY25 remains unchanged, projecting sales of ¥92 billion and operating profit of ¥31 billion, with a 28.2 % drop in net profit to ¥27 billion and a dividend reduction of 28.3 % to ¥43 per share. Cost trends indicate employment expenses rising by roughly 10 % annually, while outsourcing and advertising costs are lower than the initial FY25 forecast. New console/PC titles such as “NINJA GAIDEN 4” and “Hyrule Warriors: Age of Imprisonment” contributed to a 2.3 billion yen increase in that segment, whereas online/mobile sales declined by ¥3.8 billion despite the launch of two new mobile titles. The company emphasizes a balanced pipeline strategy, combining major releases with mid‑tier and licensed IPs to stabilize revenue streams. The outlook for Q4 focuses on multiple console/PC releases, including “Nioh 3,” and continued promotion of existing mobile titles, with advertising spend expected to rise but no significant new capital expenditures anticipated.

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Koei Tecmo

Report

FY2020 3rd Quarter Presentation Materials

The presentation outlines KOEI TECMO HOLDINGS CO., LTD.’s financial performance for the third quarter of FY2020, highlighting a record‑high operating profit of 10.9 billion yen and significant growth across multiple revenue streams. Total sales rose 64.7% year‑over‑year to 43.9 billion yen, driven by strong console releases such as “Hyrule Warriors: Age of Calamity” and “Atelier Ryza 2,” which together contributed over 3.5 million units worldwide. Digital sales, including downloads and DLC, increased by 79.6% to 7.3 billion yen, while mobile and online segments grew 86.5% to 15.3 billion yen, reflecting a robust shift toward digital distribution. Geographically, overseas markets outperformed domestic Japan, with overseas sales up 124.7% to 22 billion yen versus a 29.9% increase in Japan. North America and Europe each saw double‑digit growth, with Asia contributing 132% year‑over‑year. Operating profit margins improved markedly across all segments, with entertainment sales operating at 44.1% and online/PC at 7.3%. The company revised its full‑year earnings estimate upward, projecting operating profit of 22 billion yen against a prior forecast of 17 billion yen. Dividend policy remains stable, targeting a 50% payout ratio or 50 yen per share annually. Staffing increased by 9%, with headcount rising to 2,003 employees and cost of goods sold growing 11.7%, while subcontracting costs fell 13.9%. Overall, the data demonstrate a diversified revenue base, strong digital performance, and an upward trajectory in profitability for FY2020.

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Koei Tecmo

Report

Consolidated Financial Results: Nine Months Ended December 31, 2023

The consolidated financial results for the nine months ended December 31, 2023 demonstrate a strong rebound in sales and profitability compared with the same period in 2022. Net sales rose to ¥61,136 million, an increase of 23.7 % from ¥49,439 million in 2022, while operating profit fell modestly to ¥20,316 million (‑11.7 % versus ¥22,994 million). Ordinary profit and profit attributable to owners of the parent company both increased sharply, reaching ¥33,825 million (‑100.4 % versus ¥16,880 million) and ¥24,283 million (‑80.2 % versus ¥13,477 million), respectively. Basic earnings per share climbed to ¥76.95 (¥71.61 in 2022). Comprehensive income for the period was ¥30,129 million, a dramatic turnaround from ¥59 million in 2022. Total assets grew to ¥244,844 million, up from ¥210,889 million at the end of March 2023, while net assets increased to ¥157,595 million, reflecting a capital adequacy ratio of 64.1 %. Shareholders’ equity rose to ¥158,208 million, supported by retained earnings of ¥153,561 million. The company’s dividend policy remains unchanged; no dividends were paid in fiscal year 2023, and a forecast of ¥50 million per share is maintained for fiscal year 2024. The financial statements cover the entire Japanese market, covering all operating segments of Koei Tecmo Holdings. The reporting period spans April 1 2023 to December 31 2023, with a forecast for the full fiscal year ending March 31 2024. Data are presented under Japanese GAAP, with no significant changes in accounting policies or estimates noted for the period.

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Koei Tecmo

Report

Financial Highlights: 1st Half of the Fiscal Year Ending March 2018

Financial highlights for the first half of KOEI TECMO HOLDINGS’ fiscal year ending March 2018 reveal a mixed performance. Net sales fell 10 % to ¥16,576 million compared with the same period in FY2016, driven mainly by a 51.9 % decline in Pachislot & Pachinko revenue and a 64.3 % drop in the Other segment, offset by growth in Entertainment (−8.4 %) and Amusement Facilities (+4.9 %). Gross profit contracted 3.2 % to ¥6,569 million, while operating income rose 31 % to ¥2,748 million, largely due to a 32.4 % increase in Entertainment operating income and a 21.0 % rise in Real Estate. Income before taxes surged 40.6 % to ¥4,904 million, and net income climbed 33.0 % to ¥3,786 million, reflecting improved profitability in core entertainment operations. The balance sheet as of September 30, 2017 shows total assets at ¥119.5 billion, slightly down from the prior year’s ¥120.0 billion. Current assets decreased to ¥17,143 million, largely because cash and time deposits fell from ¥11,868 million to ¥5,062 million. Current liabilities also dropped sharply to ¥6,530 million from ¥11,460 million, driven by lower trade payables and accrued bonuses. Long‑term liabilities increased to ¥2,543 million from ¥1,484 million, mainly due to higher deferred tax liabilities. Shareholders’ equity remained stable at ¥105.6 billion, with retained earnings slightly lower. Overall, the company experienced a decline in sales but improved operating efficiency and profitability. Cash reserves were reduced, while liabilities shifted toward longer‑term obligations, indicating a strategic focus on restructuring and investment in future growth areas.

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Koei Tecmo

Report

Fiscal Year Ending March 2014: Financial Results

The fiscal year ending March 2014 marked the highest sales and profit levels for Tecmo Koei Holdings, with net income rising to 6.9 billion yen and operating profit improving by 1.7 percentage points compared to FY2013. Total sales reached 38 billion yen, a 1.1 % increase from the previous year, driven by strong performance in the Game and Online & Media segments. Operating profit margin climbed to 21.1 %, while ordinary profit maintained a healthy 28.9 %. Dividend policy remained at a 50 % payout ratio or a minimum of 50 yen per share, with the company targeting an annual dividend of 10 billion yen for FY2014. Geographically, Japan contributed the largest share of sales (83 % of consolidated revenue), followed by overseas markets at 16.7 %. Within overseas, North America and Europe accounted for roughly 6–5 % of sales respectively. The company’s business mix shifted toward IP creation and expansion, with new titles such as “Nobunaga’s Ambition” and the “Toukiden” franchise driving unit sales of 550,000 units. Mobile and social gaming continued to grow, with a focus on iOS/Android platforms. Methodologically, the figures derive from consolidated financial statements and segment reporting. SG&A expenses included goodwill amortization of approximately 0.4 billion yen, and depreciation expense ratios improved from 57.0 % to 55.6 %. The company’s strategic plan for FY2015 emphasizes further IP development, multi‑platform expansion, and strengthening of overseas market penetration, particularly in Asia and the Western markets.

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Koei Tecmo

Koei Tecmo

Documents

Financial Highlights: 1st Half of Fiscal Year Ending March 2020

Regarding SDGs/ESG: FY2021

Financial Results: Fiscal Year Ended March 2012

Financial Highlights: Q1 FY2014

Financial Highlights: 2nd Quarter of the Fiscal Year Ending March 2021

Financial Highlights: Fiscal Year Ending March 2019

Financial Highlights: Fiscal Year Ending March 2011

Financial Results for the Q3: Fiscal Year Ending March 2026

FY2020 3rd Quarter Presentation Materials

Consolidated Financial Results: Nine Months Ended December 31, 2023

Financial Highlights: 1st Half of the Fiscal Year Ending March 2018

Fiscal Year Ending March 2014: Financial Results