Investor Relations

Financial Information

  • Financial Highlights
  • Consolidated Statements of Income
  • Consolidated Balance Sheets
  • Consolidated Statements of Cash Flows

Downloadable File
Print

Net Sales and Operating Income Margin(03/2021 to 03/2025)
Net Income and Consolidated Dividend Payout Ratio(FY2021/3 to FY2025/3)
03/2021 03/2022 03/2023 03/2024 03/2025
For the year/Millions of Yen Net sales 332,532 365,275 343,267 356,344 324,506
Operating income 47,226 59,261 44,331 32,558 40,580
Ordinary income 49,983 70,704 54,709 41,541 40,939
Profit attributable to owners of parent 26,942 51,013 49,264 14,912 24,414
03/2021 03/2022 03/2023 03/2024 03/2025
At year-end/Millions of Yen Total Assets 336,144 380,902 399,634 410,876 416,160
Net Assets 243,278 284,429 317,266 317,129 336,368
03/2021 03/2022 03/2023 03/2024 03/2025
Per Share of Common Stock/Yen Earnings 225.75 426.82 411.62 124.37 203.38
Net Assets 2,029.69 2,370.48 2,641.74 2,638.33 2,795.25
Dividends per share (annual) 78.00 129.00 124.00 38.00 129.00
03/2021 03/2022 03/2023 03/2024 03/2025
Key Ratios Operating income margin 14.2% 16.2% 12.9% 9.1% 12.5%
Ordinary income margin 15.0% 19.4% 15.9% 11.7% 12.6%
Return on equity 11.6% 19.4% 16.4% 4.7% 7.5%
Equity ratio 72.1% 74.4% 79.1% 77.0% 80.7%
Consolidated dividend payout ratio 34.6% 30.2% 30.1% 30.6% 63.4%

Downloadable File
Print

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Cash flows from
operating activities		 Profit before income taxes 45,694 70,223 58,431 17,935 39,542
Depreciation and amortization 7,515 7,594 6,921 7,557 8,463
Impairment loss 520 109 73 5 26
Increase (decrease) in allowance for doubtful accounts (5) 60 (59) (56) (62)
Increase (decrease) in provision for bonuses (1,081) 3,271 (2,408) 560 (332)
Increase (decrease) in provision for sales returns 1,486 － － － －
Increase (decrease) in refund liabilities － (761) (909) (1,343) (1,671)
Increase (decrease) in provision for directors' retirement benefits － (34) (10) (7) －
Increase (decrease) in provision for game arcade closings 148 (172) － － －
Decrease (increase) in net defined benefit asset 134 (152) (91) (115) (286)
Increase (decrease) in net defined benefit liability 391 268 291 150 405
Interest and dividends income (76) (102) (715) (1,550) (3,717)
Subsidy income related to COVID-19 (335) (290) (11) － －
Interest expenses 87 150 72 187 243
Foreign exchange losses (gains) (1,860) (10,043) (9,635) (9,551) 955
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) 21
Loss on disposal of property and equipment 316 212 112 113 1,165
Loss (Gain) on sale of property and equipment (1) (6) (826) 47 (22)
Loss on sale of property and equipment 18 － － － －
Gain on sales of registered trademarks － － (680) － －
Loss on valuation of investment securities 449 351 162 150 17
Loss on valuation of shares of subsidiaries and associates 251 239 498 1,216 －
Loss on disposal of content － － 6,303 22,087 －
Decrease (increase) in notes and accounts receivable (1,207) 1,332 6,463 (3,508) 11,538
Decrease (increase) in inventories (4,405) (17,207) (13,711) 18,344 1,579
Increase (decrease) in notes and accounts payable-trade (835) 2,641 (5,455) 765 (6,610)
Decrease (increase) in other current assets (3,477) (575) (3,372) 1,067 3,345
Decrease (increase) in other non-current assets (1,016) 56 (83) 199 (16)
Increase (decrease) in other current liabilities 6,765 (508) 24 4,078 (7,877)
Other,net 290 (321) 548 (480) 511
Subtotal 49,768 53,077 31,108 57,510 47,219
Interest and dividends income received 76 102 715 1,556 3,717
Interest expenses paid (87) (150) (72) (119) (154)
Subsidy income related to COVID-19 received 335 290 11 － －
Income taxes paid (16,764) (26,161) (19,755) (11,398) (10,340)
Income taxes refund 1,672 412 219 4,689 2,340
Net cash provided by operating activities 35,000 27,570 12,226 52,238 42,781

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Cash flows from investing activities Payments into time deposits (3,284) (3,449) (3,933) (2,712) (4,044)
Proceeds from withdrawal of time deposits 3,284 3,449 3,929 2,716 2,882
Purchases of property and equipment (4,949) (5,494) (5,676) (9,285) (10,870)
Proceeds from sale of property and equipment 1 7 － 4 50
Purchase of intangible assets (1,449) (2,464) (2,873) (1,162) (1,203)
Proceeds from sale of intangible assets － － 1,506 － －
Payments for acquiring investment securities (527) (640) (1,606) (673) (573)
Proceeds from investments in securities － 697 － － －
Payments for investments in capital (144) (1,306) (348) (174) (399)
Purchase of investments in subsidiaries (161) (687) (682) (190) －
Purchase of shares of subsidiaries and associates － － － － (918)
Proceeds from sale of shares of subsidiaries and associates － 382 36,122 － －
Proceeds from sale of crypto assets － 2,904 1,358 341 60
Payments for guarantee deposits (31) (2,059) (265) (2,176) (234)
Proceeds from collection of guarantee deposits 622 527 225 85 100
Other,net (11) 7 (151) 13 34
Net cash used in investing activities (6,651) (8,124) 27,602 (13,214) (15,114)

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Purchase of treasury stock Purchase of treasury stock (18) (8) (5) (3) (3)
Repayments of lease obligations (623) (671) (454) (292) (359)
Proceeds from exercise of share options 425 599 354 347 482
Cash dividends paid (6,437) (9,308) (15,418) (14,838) (6,719)
Other,net 5 46 0 － －
Net cash used in financing activities (6,647) (9,343) (15,523) (14,787) (6,600)

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Effect of exchange rate changes on cash and cash equivalents 1,049 6,458 5,975 8,029 (637)
Net increase (decrease) in cash and cash equivalents 22,750 16,561 30,280 32,266 20,429
Cash and cash equivalents at beginning of the year 121,311 144,061 160,622 190,903 223,181
Increase in cash and cash equivalents resulting from merger － － － 11 －
Cash and cash equivalents at end of the year 144,061 160,622 190,903 223,181 243,610

Downloadable File
Print

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Net sales 332,532 365,275 343,267 356,344 324,506
Cost of sales 171,837 169,960 167,377 188,975 161,840
Gross profit 160,695 195,314 175,889 167,369 162,665
Reversal of provision for sales returns 4,150 － － － －
Provision for sales returns 5,637 － － － －
Net gross profit 159,208 195,314 175,889 167,369 162,665

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Selling, general and administrative expenses Packaging freight charge 2,436 2,999 3,459 3,837 3,997
Advertising expense 28,239 24,739 24,744 25,108 14,357
Sales promotion expense 673 611 309 336 443
Compensation for directors 771 738 587 564 573
Salaries 21,165 24,228 24,540 27,425 29,382
Provisions for bonuses 3,368 6,484 3,978 5,617 5,171
Net periodic pension costs 1,205 1,002 1,221 1,071 1,134
Welfare expense 3,051 3,396 3,587 3,887 4,655
Rental expense 2,882 2,991 3,027 3,174 5,235
Commission fee 35,900 55,391 52,875 47,980 40,911
Depreciation and amortization 2,903 3,153 2,874 3,693 4,015
Other 9,384 10,314 10,353 12,112 12,206
Total Selling, general and administrative expenses 111,982 136,053 131,557 134,810 122,085

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Operating income 47,226 59,261 44,331 32,558 40,580

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Non-operating income Interest income 76 101 714 1,550 2,381
Dividends received 0 0 0 0 1,335
Foreign exchange gain 2,727 10,489 10,365 9,304 －
Rental income 17 33 38 47 36
Gain on sale of crypto assets － 2,904 1,358 341 －
Revenue from business held for sale － － 4,051 － －
Miscellaneous income 222 777 411 487 479
Total non-operating income 3,043 14,307 16,940 11,731 4,233

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Non-operating expenses Interest expenses 87 150 72 187 243
Commission fee 19 475 1,249 452 462
Loss on investments in securities 169 － － － －
Loss on liquidation of content － 1,289 － － －
Loss on retirement of development related assets － 862 － － －
Office transfer related expenses － － － 1,017 612
Provision for office relocation expenses － － － 883 200
Business restructuring expenses － － － － 650
Foreign exchange loss － － － － 1,232
Expenses from business held for sale － － 5,191 － －
Miscellaneous loss 9 86 48 208 473
Total non-operating expenses 286 2,865 6,562 2,748 3,874

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Ordinary income 49,983 70,704 54,709 41,541 40,939

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Extraordinary gain Gain on sale of property and equipment 1 6 826 － 40
Gain on sales of registered trademarks － － 680 － －
Gain on sale of investment securities － － － 8 －
Gain on reversal of subscription rights to shares 2 8 4 8 10
Subsidy income related to COVID-19 335 290 11 － －
Gain on sale of shares of subsidiaries and associates － 353 9,465 － －
Other － 72 46 － －
Total extraordinary gain 339 730 11,033 16 51

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Extraordinary loss Loss on sale of property and equipment 18 － － 47 17
Loss on disposal of property and equipment 316 212 112 110 1,165
Impairment loss 520 109 73 5 26
Loss on valuation of investment securities 449 351 162 150 17
Loss on valuation of shares of subsidiaries and associates 251 239 498 1,216 －
Provision for game arcade closings 629 － － － －
Loss on temporary closure 2,392 296 － － －
Loss on evaluation of content － － 6,303 22,087 －
Provision for loss on litigation － － － － 220
Other 49 1 161 5 －
Total extraordinary loss 4,628 1,212 7,312 23,622 1,447

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Profit (Loss) before income taxes 45,694 70,223 58,431 17,935 39,542

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Income taxes Income taxes-current 19,430 20,511 11,060 10,597 5,440
Income taxes for prior periods － － － － 3,291
Income taxes-deferred (690) (1,320) (1,916) (7,595) 6,370
Total income taxes 18,740 19,191 9,143 3,001 15,101

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Profit 26,954 51,031 49,287 14,933 24,440
Profit attributable to non-controlling interests 12 17 22 21 26
Profit attributable to owners of parent 26,942 51,013 49,264 14,912 24,414

Downloadable File
Print

Assets

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Current assets Cash and deposits 146,229 163,088 193,501 225,901 247,760
Notes and accounts receivable 43,036 44,968 39,908 44,683 33,175
Merchandises and finished goods 3,829 4,687 4,872 4,684 4,840
Work in progress 212 18 － － －
Raw materials and supplies 363 485 827 1,033 856
Content production account 78,153 96,765 87,217 48,577 46,936
Other 11,987 12,711 16,185 14,561 11,101
Allowance for doubtful accounts (190) (268) (255) (221) (155)
Total current assets 283,622 322,455 342,258 339,219 344,515

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Non-current assets Property and equipment
Buildings and structures 18,735 18,793 18,275 19,598 29,756
Accumulated depreciation (12,888) (13,489) (13,971) (15,135) (16,308)
Buildings and structures (net) 5,847 5,303 4,303 4,462 13,447
Tools and fixtures 17,716 19,431 17,232 20,263 21,213
Accumulated depreciation (12,992) (14,730) (13,241) (14,164) (15,066)
Tools and fixtures (net) 4,723 4,701 3,990 6,099 6,147
Amusement equipment 17,275 17,008 17,815 18,116 18,706
Accumulated depreciation (15,459) (15,379) (15,791) (15,949) (16,412)
Amusement equipment (net) 1,816 1,629 2,023 2,166 2,294
Other 4,116 4,955 3,050 3,858 3,813
Accumulated depreciation (1,095) (1,314) (1,223) (1,988) (2,432)
Other (net) 3,021 3,641 1,826 1,869 1,380
Land 3,782 3,782 3,782 3,782 3,782
Construction in progress 465 757 1,815 4,695 777
Total property and equipment 19,656 19,814 17,743 23,075 27,829
Intangible assets
Other 5,540 7,375 5,856 5,881 4,895
Total intangible assets 5,540 7,375 5,856 5,881 4,895
Investments and other assets
Investment securities 2,537 2,727 4,411 4,731 5,553
Guarantee deposits 9,776 11,028 11,074 13,168 13,286
Net defined benefit asset 477 649 795 1,573 1,877
Deferred tax assets 9,630 10,526 11,027 18,687 12,647
Other 4,961 6,384 6,497 4,568 5,586
Allowance for doubtful accounts (57) (57) (30) (30) (32)
Total investments and other assets 27,325 31,257 33,775 42,698 38,919
Total non-current assets 52,522 58,447 57,376 71,656 71,644

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Total assets 336,144 380,902 399,634 410,876 416,160

Liabilities and Net Assets

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Current liabilities Notes and accounts payable 24,559 27,598 23,558 24,384 17,439
Accrued income taxes 14,593 8,442 3,452 6,978 2,540
Provision for bonuses 2,956 6,539 4,532 5,345 4,977
Provision for sales returns 5,873 － － － －
Provision for office relocation － － － － 1,030
Refund liabilities － 5,616 5,186 4,410 2,722
Provision for game arcade closings 231 － － － －
Asset retirement obligations 6 － － 9 2,270
Other 32,122 35,602 34,974 40,431 36,379
Total current liabilities 80,345 83,800 71,704 81,559 67,360

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Non-current liabilities Provision for directors' retirement benefits 52 17 7 － －
Net defined benefit liabilities 3,492 3,842 3,908 4,311 4,392
Deferred tax liabilities 1,642 874 0 1 465
Asset retirement obligations 3,715 3,842 4,424 4,902 5,725
Provision for office relocation － － － 883 －
Provision for loss on litigation － － － － 220
Other 3,617 4,094 2,322 2,089 1,628
Total non-current liabilities 12,521 12,672 10,663 12,187 12,431

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Total liabilities 92,866 96,472 82,368 93,747 79,792

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Shareholders' equity Common stock 24,039 24,039 24,039 24,039 24,039
Capital surplus 53,593 53,880 54,142 54,368 54,678
Retained earnings 179,722 221,316 255,151 254,741 272,434
Treasury stock (9,556) (8,964) (8,587) (7,876) (7,452)
Total shareholders' equity 247,799 290,272 324,745 325,272 343,700

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Accumulated other comprehensive income Unrealized loss on revaluation of other investment securities 59 (24) 2 (305) (280)
Foreign currency translation adjustments (5,655) (6,844) (8,765) (9,038) (8,503)
Remeasurements of defined benefit plans 160 116 308 566 793
Total accumulated other comprehensive income (5,435) (6,752) (8,454) (8,776) (7,990)

(Millions of yen)

03/2021 03/2022 03/2023 03/2024 03/2025
Subscription rights to shares 762 718 752 378 353
Non-controlling interests 151 191 222 255 304
Total net assets 243,278 284,429 317,266 317,129 336,368
Total liabilities and net assets 336,144 380,902 399,634 410,876 416,160
laoding...