Investor Relations
Financial Highlights
Consolidated Statements of Income
Consolidated Balance Sheets
Consolidated Statements of Cash Flows
Downloadable File
Print
03/2022
03/2023
03/2024
03/2025
03/2026
For the year/Millions of Yen
Net sales
365,275
343,267
356,344
324,506
297,661
Operating income
59,261
44,331
32,558
40,580
54,736
Ordinary income
70,704
54,709
41,541
40,939
64,469
Profit attributable to owners of parent
51,013
49,264
14,912
24,414
29,616
03/2022
03/2023
03/2024
03/2025
03/2026
At year-end/Millions of Yen
Total Assets
380,902
399,634
410,876
416,160
438,018
Net Assets
284,429
317,266
317,129
336,368
349,224
03/2022
03/2023
03/2024
03/2025
03/2026
Per Share of Common Stock/Yen
Earnings
426.82
411.62
124.37
203.38
82.15
Net Assets
2,370.48
2,641.74
2,638.33
2,795.25
966.63
Dividends per share (annual)
129.00
124.00
38.00
129.00
43.00
03/2022
03/2023
03/2024
03/2025
03/2026
Key Ratios
Operating income margin
16.2%
12.9%
9.1%
12.5%
18.4%
Ordinary income margin
19.4%
15.9%
11.7%
12.6%
21.7%
Return on equity
19.4%
16.4%
4.7%
7.5%
8.7%
Equity ratio
74.4%
79.1%
77.0%
80.7%
79.6%
Consolidated dividend payout ratio
30.2%
30.1%
30.6%
63.4%
52.3%
*A stock split became effective on October 1, 2025.
*Basic earnings per share and net assets per share for the fiscal years ended March 31, 2025 and earlier have not been adjusted to reflect the effect of the stock split.
*The annual dividend per share for the fiscal year ended March 31, 2026 has been restated assuming that the 3-for-1 stock split had taken place at the beginning of the fiscal year.
Downloadable File
Print
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Cash flows from operating activities
Profit before income taxes
70,223
58,431
17,935
39,542
50,356
Depreciation and amortization
7,594
6,921
7,557
8,463
8,686
Impairment loss
109
73
5
26
49
Increase (decrease) in allowance for doubtful accounts
60
(59)
(56)
(62)
99
Increase (decrease) in provision for bonuses
3,271
(2,408)
560
(332)
378
Increase (decrease) in refund liabilities
(761)
(909)
(1,343)
(1,671)
(704)
Increase (decrease) in provision for directors' retirement benefits
(34)
(10)
(7)
-
-
Increase (decrease) in provision for game arcade closings
(172)
-
-
-
-
Decrease (increase) in net defined benefit asset
(152)
(91)
(115)
(286)
(324)
Increase (decrease) in net defined benefit liability
268
291
150
405
35
Interest and dividends income
(102)
(715)
(1,550)
(3,717)
(2,829)
Subsidy income related to COVID-19
(290)
(11)
-
-
-
Interest expenses
150
72
187
243
85
Foreign exchange losses (gains)
(10,043)
(9,635)
(9,551)
955
(4,922)
Loss (gain) on sales of shares of subsidiaries and associates
(353)
(9,465)
-
-
-
Loss (gain) on sale of crypto assets
(2,904)
(1,358)
(341)
-
-
Loss on disposal of property and equipment
212
112
113
1,165
267
Loss (Gain) on sale of property and equipment
(6)
(826)
47
(22)
62
Loss(gain) on valuation of crypto assets
-
-
-
206
81
Gain on sales of registered trademarks
-
(680)
-
-
-
Loss on valuation of investment securities
351
162
150
17
934
Loss on valuation of shares of subsidiaries and associates
239
498
1,216
-
-
Loss on disposal of content
-
6,303
22,087
-
9,973
Decrease (increase) in notes and accounts receivable
1,332
6,463
(3,508)
11,538
3,097
Decrease (increase) in inventories
(17,207)
(13,711)
18,344
1,579
(9,675)
Increase (decrease) in notes and accounts payable-trade
2,641
(5,455)
765
(6,610)
(53)
Decrease (increase) in other current assets
(575)
(3,372)
1,067
3,345
20
Decrease (increase) in other non-current assets
56
(83)
199
(16)
(264)
Increase (decrease) in other current liabilities
(508)
24
4,078
(7,877)
(3,032)
Other,net
(321)
548
(480)
326
556
Subtotal
53,077
31,108
57,510
47,219
52,878
Interest and dividends income received
102
715
1,556
3,717
2,829
Interest expenses paid
(150)
(72)
(119)
(154)
(152)
Subsidy income related to COVID-19 received
290
11
-
-
-
Income taxes paid
(26,161)
(19,755)
(11,398)
(10,340)
(6,157)
Income taxes refund
412
219
4,689
2,340
2,186
Net cash provided by operating activities
27,570
12,226
52,238
42,781
51,584
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Cash flows from investing activities
Payments into time deposits
(3,449)
(3,933)
(2,712)
(4,044)
(240)
Proceeds from withdrawal of time deposits
3,449
3,929
2,716
2,882
3,996
Purchases of property and equipment
(5,494)
(5,676)
(9,285)
(10,870)
(6,245)
Proceeds from sale of property and equipment
7
-
4
50
1
Purchase of intangible assets
(2,464)
(2,873)
(1,162)
(1,203)
(1,150)
Proceeds from sale of intangible assets
-
1,506
-
-
-
Payments for acquiring investment securities
(640)
(1,606)
(673)
(573)
(378)
Proceeds from investments in securities
697
-
-
-
-
Payments for investments in capital
(1,306)
(348)
(174)
(399)
(301)
Purchase of investments in subsidiaries
(687)
(682)
(190)
-
-
Purchase of shares of subsidiaries and associates
-
-
-
(918)
(362)
Proceeds from sale of shares of subsidiaries and associates
382
36,122
-
-
-
Proceeds from sale of crypto assets
2,904
1,358
341
60
30
Payments for asset retirement obligations
ー
ー
ー
-
(2,180)
Payments for guarantee deposits
(2,059)
(265)
(2,176)
(234)
(465)
Proceeds from collection of guarantee deposits
527
225
85
100
1,062
Other,net
7
(151)
13
34
21
Net cash used in investing activities
(8,124)
27,602
(13,214)
(15,114)
(6,209)
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Purchase of treasury stock
Purchase of treasury stock
(8)
(5)
(3)
(3)
(5)
Repayments of lease obligations
(671)
(454)
(292)
(359)
(365)
Proceeds from exercise of share options
599
354
347
482
570
Cash dividends paid
(9,308)
(15,418)
(14,838)
(6,719)
(18,629)
Other,net
46
0
-
-
-
Net cash used in financing activities
(9,343)
(15,523)
(14,787)
(6,600)
(18,430)
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Effect of exchange rate changes on cash and cash equivalents
6,458
5,975
8,029
(637)
5,240
Net increase (decrease) in cash and cash equivalents
16,561
30,280
32,266
20,429
32,185
Cash and cash equivalents at beginning of the year
144,061
160,622
190,903
223,181
243,610
Increase in cash and cash equivalents resulting from merger
-
-
11
-
-
Cash and cash equivalents at end of the year
160,622
190,903
223,181
243,610
275,796
Downloadable File
Print
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Net sales
365,275
343,267
356,344
324,506
297,661
Cost of sales
169,960
167,377
188,975
161,840
138,712
Gross profit
195,314
175,889
167,369
162,665
158,949
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Selling, general and administrative expenses
Packaging freight charge
2,999
3,459
3,837
3,997
4,050
Advertising expense
24,739
24,744
25,108
14,357
10,794
Sales promotion expense
611
309
336
443
451
Compensation for directors
738
587
564
573
580
Salaries
24,228
24,540
27,425
29,382
27,746
Provisions for bonuses
6,484
3,978
5,617
5,171
5,829
Net periodic pension costs
1,002
1,221
1,071
1,134
998
Welfare expense
3,396
3,587
3,887
4,655
4,497
Rental expense
2,991
3,027
3,174
5,235
4,079
Commission fee
55,391
52,875
47,980
40,911
32,531
Depreciation and amortization
3,153
2,874
3,693
4,015
3,732
Other
10,314
10,353
12,112
12,206
8,920
Total Selling, general and administrative expenses
136,053
131,557
134,810
122,085
104,213
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Operating income
59,261
44,331
32,558
40,580
54,736
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Non-operating income
Interest income
101
714
1,550
2,381
2,829
Dividends received
0
0
0
1,335
-
Foreign exchange gain
10,489
10,365
9,304
-
7,213
Rental income
33
38
47
-
-
Gain on sale of crypto assets
2,904
1,358
341
-
-
Revenue from business held for sale
-
4,051
-
-
-
Miscellaneous income
777
411
487
515
391
Total non-operating income
14,307
16,940
11,731
4,233
10,434
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Non-operating expenses
Interest expenses
150
72
187
243
85
Commission fee
475
1,249
452
462
-
Loss on liquidation of content
1,289
-
-
-
-
Loss on retirement of development related assets
862
-
-
-
-
Office transfer related expenses
-
-
1,017
612
153
Provision for office relocation expenses
-
-
883
200
310
Business restructuring expenses
-
-
-
650
-
Foreign exchange loss
-
-
-
1,232
-
Loss on valuation of crypto assets
-
-
-
206
81
Expenses from business held for sale
-
5,191
-
-
-
Miscellaneous loss
86
48
208
266
69
Total non-operating expenses
2,865
6,562
2,748
3,874
700
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Ordinary income
70,704
54,709
41,541
40,939
64,469
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Extraordinary gain
Gain on sale of property and equipment
6
826
-
40
1
Gain on sales of registered trademarks
-
680
-
-
-
Gain on sale of investment securities
-
-
8
-
-
Gain on reversal of subscription rights to shares
8
4
8
10
33
Subsidy income related to COVID-19
290
11
-
-
-
Gain on sale of shares of subsidiaries and associates
353
9,465
-
-
-
Other
72
46
-
-
-
Total extraordinary gain
730
11,033
16
51
34
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Extraordinary loss
Loss on sale of property and equipment
-
-
47
17
63
Loss on disposal of property and equipment
212
112
110
1,165
267
Impairment loss
109
73
5
26
49
Loss on valuation of investment securities
351
162
150
17
934
Loss on valuation of shares of subsidiaries and associates
239
498
1,216
-
-
Reorganization costs
-
-
-
12,135
Loss on temporary closure
296
-
-
-
-
Loss on evaluation of content
-
6,303
22,087
-
-
Provision for loss on litigation
-
-
-
220
-
Other
1
161
5
-
699
Total extraordinary loss
1,212
7,312
23,622
1,447
14,148
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Profit (Loss) before income taxes
70,223
58,431
17,935
39,542
50,356
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Income taxes
Income taxes-current
20,511
11,060
10,597
5,440
19,882
Income taxes for prior periods
-
-
-
3,291
-
Income taxes-deferred
(1,320)
(1,916)
(7,595)
6,370
827
Total income taxes
19,191
9,143
3,001
15,101
20,709
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Profit
51,031
49,287
14,933
24,440
29,646
Profit attributable to non-controlling interests
17
22
21
26
30
Profit attributable to owners of parent
51,013
49,264
14,912
24,414
29,616
Downloadable File
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Assets
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Current assets
Cash and deposits
163,088
193,501
225,901
247,760
276,054
Notes and accounts receivable
44,968
39,908
44,683
33,175
30,482
Merchandises and finished goods
4,687
4,872
4,684
4,840
5,924
Work in progress
18
-
-
-
-
Raw materials and supplies
485
827
1,033
856
519
Content production account
96,765
87,217
48,577
46,936
46,258
Other
12,711
16,185
14,561
11,101
9,423
Allowance for doubtful accounts
(268)
(255)
(221)
(155)
(267)
Total current assets
322,455
342,258
339,219
344,515
368,393
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Non-current assets
Property and equipment
Buildings and structures
18,793
18,275
19,598
29,756
27,295
Accumulated depreciation
(13,489)
(13,971)
(15,135)
(16,308)
(13,344)
Buildings and structures (net)
5,303
4,303
4,462
13,447
13,950
Tools and fixtures
19,431
17,232
20,263
21,213
20,097
Accumulated depreciation
(14,730)
(13,241)
(14,164)
(15,066)
(15,119)
Tools and fixtures (net)
4,701
3,990
6,099
6,147
4,977
Amusement equipment
17,008
17,815
18,116
18,706
19,351
Accumulated depreciation
(15,379)
(15,791)
(15,949)
(16,412)
(17,288)
Amusement equipment (net)
1,629
2,023
2,166
2,294
2,063
Other
4,955
3,050
3,858
3,813
4,560
Accumulated depreciation
(1,314)
(1,223)
(1,988)
(2,432)
(2,118)
Other (net)
3,641
1,826
1,869
1,380
2,441
Land
3,782
3,782
3,782
3,782
3,782
Construction in progress
757
1,815
4,695
777
193
Total property and equipment
19,814
17,743
23,075
27,829
27,409
Intangible assets
Other
7,375
5,856
5,881
4,895
4,256
Total intangible assets
7,375
5,856
5,881
4,895
4,256
Investments and other assets
Investment securities
2,727
4,411
4,731
5,553
5,251
Guarantee deposits
11,028
11,074
13,168
13,286
12,709
Net defined benefit asset
649
795
1,573
1,877
2,681
Deferred tax assets
10,526
11,027
18,687
12,647
11,862
Other
6,384
6,497
4,568
5,586
5,485
Allowance for doubtful accounts
(57)
(30)
(30)
(32)
(31)
Total investments and other assets
31,257
33,775
42,698
38,919
37,958
Total non-current assets
58,447
57,376
71,656
71,644
69,624
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Total assets
380,902
399,634
410,876
416,160
438,018
Liabilities and Net Assets
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Current liabilities
Notes and accounts payable
27,598
23,558
24,384
17,439
17,192
Accrued income taxes
8,442
3,452
6,978
2,540
16,128
Provision for bonuses
6,539
4,532
5,345
4,977
5,357
Provision for office relocation
-
-
-
1,030
310
Refund liabilities
5,616
5,186
4,410
2,722
2,132
Asset retirement obligations
-
-
9
2,270
459
Other
35,602
34,974
40,431
36,379
33,150
Total current liabilities
83,800
71,704
81,559
67,360
74,730
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Non-current liabilities
Provision for directors' retirement benefits
17
7
-
-
-
Net defined benefit liabilities
3,842
3,908
4,311
4,392
4,417
Deferred tax liabilities
874
0
1
465
535
Asset retirement obligations
3,842
4,424
4,902
5,725
5,642
Provision for office relocation
-
-
883
-
-
Provision for loss on litigation
-
-
-
220
60
Other
4,094
2,322
2,089
1,628
3,407
Total non-current liabilities
12,672
10,663
12,187
12,431
14,063
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Total liabilities
96,472
82,368
93,747
79,792
88,793
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Shareholders' equity
Common stock
24,039
24,039
24,039
24,039
24,039
Capital surplus
53,880
54,142
54,368
54,678
55,213
Retained earnings
221,316
255,151
254,741
272,434
283,430
Treasury stock
(8,964)
(8,587)
(7,876)
(7,452)
(7,130)
Total shareholders' equity
290,272
324,745
325,272
343,700
355,553
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Accumulated other comprehensive income
Unrealized loss on revaluation of other investment securities
(24)
2
(305)
(280)
(11)
Foreign currency translation adjustments
(6,844)
(8,765)
(9,038)
(8,503)
(8,068)
Remeasurements of defined benefit plans
116
308
566
793
1,110
Total accumulated other comprehensive income
(6,752)
(8,454)
(8,776)
(7,990)
(6,969)
(Millions of yen)
03/2022
03/2023
03/2024
03/2025
03/2026
Subscription rights to shares
718
752
378
353
293
Non-controlling interests
191
222
255
304
346
Total net assets
284,429
317,266
317,129
336,368
349,224
Total liabilities and net assets
380,902
399,634
410,876
416,160
438,018