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(03/2017 to 03/2021)
Net Income and Consolidated Dividend Payout Ratio(FY2017/3 to FY2021/3)
03/2019 03/2020 03/2021 03/2022 03/2023
For the year/Millions of Yen Net sales 271,276 260,527 332,532 365,275 343,267
Operating income 24,635 32,759 47,226 59,261 44,331
Ordinary income 28,415 32,095 49,983 70,704 54,709
Profit attributable to owners of parent 19,373 21,346 26,942 51,013 49,264
03/2019 03/2020 03/2021 03/2022 03/2023
At year-end/Millions of Yen Total Assets 282,614 302,634 336,144 380,902 399,634
Net Assets 206,445 221,928 243,278 284,429 317,266
03/2019 03/2020 03/2021 03/2022 03/2023
Per Share of Common Stock/Yen Earnings 162.57 179.02 225.75 426.82 411.62
Net Assets 1,726.32 1,854.10 2,029.69 2,370.48 2,641.74
Dividends per share (annual) 47.00 54.00 78.00 129.00 124.00
03/2019 03/2020 03/2021 03/2022 03/2023
Key Ratios Operating income margin 9.1% 12.6% 14.2% 16.2% 12.9%
Ordinary income margin 10.5% 12.3% 15.0% 19.4% 15.9%
Return on equity 9.7% 10.0% 11.6% 19.4% 16.4%
Equity ratio 72.8% 73.1% 72.1% 74.4% 79.1%
Consolidated dividend payout ratio 30.3% 30.2% 34.6% 30.2% 30.1%

Downloadable File
Print

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Cash flows from
operating activities		 Profit before income taxes 23,131 30,793 45,694 70,223 58,431
Depreciation and amortization 6,801 7,417 7,515 7,594 6,921
Impairment loss 368 367 520 109 73
Increase (decrease) in allowance for doubtful accounts 44 (73) (5) 60 (59)
Increase (decrease) in provision for bonuses (36) 780 (1,081) 3,271 (2,408)
Increase (decrease) in provision for sales returns 5,032 (4,759) 1,486 － －
Increase (decrease) in refund liabilities － － － (761) (909)
Increase (decrease) in provision for directors' retirement benefits (35) － － (34) (10)
Increase (decrease) in provision for game arcade closings (50) 36 148 (172) －
Decrease (increase) in net defined benefit asset (44) 96 134 (152) (91)
Increase (decrease) in net defined benefit liability 96 271 391 268 291
Interest and dividends income (167) (363) (76) (102) (715)
Subsidy income related to COVID-19 － － (335) (290) (11)
Interest expenses 107 135 87 150 72
Foreign exchange losses (gains) (4,072) 665 (1,860) (10,043) (9,635)
Loss (gain) on sales of investment securities (0) － － － －
Loss (gain) on sales of shares of subsidiaries and associates － － － (353) (9,465)
Loss (gain) on sale of crypto assets － － － (2,904) (1,358)
Loss on disposal of property and equipment 198 130 316 212 112
Gain on sale of property and equipment (15) (2) (1) (6) (826)
Loss on sale of property and equipment － － 18 － －
Gain on sales of registered trademarks － － － － (680)
Loss (gain) on valuation of investment securities － － 449 351 162
Loss on valuation of shares of subsidiaries and associates 680 － 251 239 498
Loss on disposal of content － － － － 6,303
Decrease (increase) in notes and accounts receivable (10,799) (1,195) (1,207) 1,332 6,463
Decrease (increase) in inventories (7,108) (22,632) (4,405) (17,207) (13,711)
Increase (decrease) in notes and accounts payable-trade 7,720 1,581 (835) 2,641 (5,455)
Decrease (increase) in other current assets (2,307) (614) (3,477) (575) (3,372)
Decrease (increase) in other non-current assets (659) 1,298 (1,016) 56 (83)
Increase (decrease) in other current liabilities 2,038 3,585 6,765 (508) 24
Other,net 1,065 270 290 (321) 548
Subtotal 21,988 17,791 49,768 53,077 31,108
Interest and dividends income received 167 363 76 102 715
Interest expenses paid (106) (142) (87) (150) (72)
Subsidy income related to COVID-19 received － － 335 290 11
Income taxes paid (12,683) (2,538) (16,764) (26,161) (19,755)
Income taxes refund 2,768 2,530 1,672 412 219
Net cash provided by operating activities 12,135 18,005 35,000 27,570 12,226

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Cash flows from investing activities Payments into time deposits (3,993) (5,141) (3,284) (3,449) (3,933)
Proceeds from withdrawal of time deposits 3,976 5,220 3,284 3,449 3,929
Purchases of property and equipment (8,450) (5,827) (4,949) (5,494) (5,676)
Proceeds from sale of property and equipment 15 2 1 7 －
Purchase of intangible assets (1,190) (1,587) (1,449) (2,464) (2,873)
Proceeds from sale of intangible assets － － － － 1,506
Payments for acquiring investment securities (1,074) (1,612) (527) (640) (1,606)
Proceeds from sale of investment securities 0 － － － －
Proceeds from investments in securities － － － 697 －
Payments for investments in capital － － (144) (1,306) (348)
Purchase of investments in subsidiaries (380) (85) (161) (687) (682)
Payments for acquiring shares in subsidiaries and affiliated companies (294) － － － －
Proceeds from sale of shares of subsidiaries and associates － － － 382 －
Payments for acquiring bonds in subsidiaries and affiliated companies (697) － － － －
Proceeds from sale of shares of subsidiaries resulting in change in scope of consolidation － － － － 36,122
Proceeds from sale of crypto assets － － － 2,904 1,358
Payments for guarantee deposits (760) (433) (31) (2,059) (265)
Proceeds from collection of guarantee deposits 208 193 622 527 225
Other,net (235) (767) (11) 7 (151)
Net cash used in investing activities (12,875) (10,039) (6,651) (8,124) 27,602

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Cash flows from financing activities Payments for short‐term loans － (8,525) － － －
Proceeds from issuances of new stocks 106 － － － －
Purchase of treasury stock (8) (9) (18) (8) (5)
Repayments of lease obligations － (485) (623) (671) (454)
Proceeds from exercise of share options 5 293 425 599 354
Cash dividends paid (7,735) (5,599) (6,437) (9,308) (15,418)
Other,net (23) 276 5 46 0
Net cash used in financing activities (7,656) (14,048) (6,647) (9,343) (15,523)

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Effect of exchange rate changes on cash and cash equivalents 1,221 (479) 1,049 6,458 5,975
Net increase (decrease) in cash and cash equivalents (7,173) (6,562) 22,750 16,561 30,280
Cash and cash equivalents at beginning of the year 134,355 127,181 121,311 144,061 160,622
Increase (decrease) in cash and cash equivalents resulting from change in scope of consolidation － 691 － － －
Cash and cash equivalents at end of the year 127,181 121,311 144,061 160,622 190,903

Downloadable File
Print

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Net sales 271,276 260,527 332,532 365,275 343,267
Cost of sales 146,907 139,012 171,837 169,960 167,377
Gross profit 124,368 121,515 160,695 195,314 175,889
Reversal of provision for sales returns 4,152 9,016 4,150 － －
Provision for sales returns 9,185 4,257 5,637 － －
Net gross profit 119,335 126,274 159,208 195,314 175,889

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Selling, general and administrative expenses Packaging freight charge 2,062 2,304 2,436 2,999 3,459
Advertising expense 29,460 21,006 28,239 24,739 24,744
Sales promotion expense 120 159 673 611 309
Compensation for directors 470 497 771 738 587
Salaries 17,396 18,901 21,165 24,228 24,540
Provisions for bonuses 3,433 4,005 3,368 6,484 3,978
Net periodic pension costs 692 1,021 1,205 1,002 1,221
Welfare expense 2,642 2,835 3,051 3,396 3,587
Rental expense 2,699 2,919 2,882 2,991 3,027
Commission fee 24,700 28,377 35,900 55,391 52,875
Depreciation and amortization 2,410 2,725 2,903 3,153 2,874
Other 8,610 8,762 9,384 10,314 10,353
Total Selling, general and administrative expenses 94,699 93,515 111,982 136,053 131,557

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Operating income 24,635 32,759 47,226 59,261 44,331

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Non-operating income Interest income 167 363 76 101 714
Dividends received 0 0 0 0 0
Foreign exchange gain 3,459 － 2,727 10,489 10,365
Rental income 72 36 17 33 38
Gain on forgiveness of payable for group tax 37 370 － － －
Outsourcing service income 125 － － － －
Gain on sale of crypto assets － － － 2,904 1,358
Revenue from business held for sale － － － － 4,051
Miscellaneous income 136 198 222 777 411
Total non-operating income 3,999 969 3,043 14,307 16,940

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Non-operating expenses Interest expenses 107 135 87 150 72
Commission fee 5 5 19 475 1,249
Loss on investments in securities 40 127 169 － －
Loss on liquidation of content － － － 1,289 －
Loss on retirement of development related assets － － － 862 －
Office transfer related expenses 65 － － － －
Foreign exchange loss － 1,173 － － －
Expenses from business held for sale － － － － 5,191
Miscellaneous loss 0 191 9 86 48
Total non-operating expenses 219 1,633 286 2,865 6,562

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Ordinary income 28,415 32,095 49,983 70,704 54,709

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Extraordinary gain Gain on sale of property and equipment 15 2 1 6 826
Gain on sales of registered trademarks － － － － 680
Gain on sale of investment securities 0 － － － －
Gain on reversal of subscription rights to shares － 7 2 8 4
Subsidy income related to COVID-19 － － 335 290 11
Gain on sale of shares of subsidiaries and associates － － － 353 9,465
Other 8 － － 72 46
Total extraordinary gain 23 9 339 730 11,033

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Extraordinary loss Loss on sale of property and equipment － － 18 － －
Loss on disposal of property and equipment 198 130 316 212 112
Impairment loss 368 367 520 109 73
Loss on valuation of investment securities － － 449 351 162
Loss on valuation of shares of subsidiaries and associates 680 － 251 239 498
Provision for game arcade closings － 117 629 － －
Loss on temporary closure － 141 2,392 296 －
Loss on evaluation of content 3,638 － － － 6,303
Loss on event cancellations － 544 － － －
Other 422 9 49 1 161
Total extraordinary loss 5,307 1,311 4,628 1,212 7,312

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Profit (Loss) before income taxes 23,131 30,793 45,694 70,223 58,431

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Income taxes Income taxes-current 2,968 10,581 19,430 20,511 11,060
Income taxes-deferred 784 (1,136) (690) (1,320) (1,916)
Total income taxes 3,753 9,444 18,740 19,191 9,143

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Profit 19,378 21,348 26,954 51,031 49,287
Profit attributable to non-controlling interests 4 1 12 17 22
Profit attributable to owners of parent 19,373 21,346 26,942 51,013 49,264

Downloadable File
Print

Assets

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Current assets Cash and deposits 129,468 123,450 146,229 163,088 193,501
Notes and accounts receivable 40,396 41,474 43,036 44,968 39,908
Merchandises and finished goods 4,484 5,850 3,829 4,687 4,872
Work in progress 5 206 212 18 －
Raw materials and supplies 330 433 363 485 827
Content production account 50,620 71,479 78,153 96,765 87,217
Other 9,770 8,163 11,987 12,711 16,185
Allowance for doubtful accounts (265) (161) (190) (268) (255)
Total current assets 234,811 250,896 283,622 322,455 342,258

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Non-current assets Property and equipment
Buildings and structures 17,179 18,341 18,735 18,793 18,275
Accumulated depreciation (10,663) (11,603) (12,888) (13,489) (13,971)
Buildings and structures (net) 6,515 6,738 5,847 5,303 4,303
Tools and fixtures 14,759 15,943 17,716 19,431 17,232
Accumulated depreciation (10,065) (11,112) (12,992) (14,730) (13,241)
Tools and fixtures (net) 4,693 4,830 4,723 4,701 3,990
Amusement equipment 17,435 17,529 17,275 17,008 17,815
Accumulated depreciation (14,790) (15,420) (15,459) (15,379) (15,791)
Amusement equipment (net) 2,645 2,108 1,816 1,629 2,023
Other 184 3,425 4,116 4,955 3,050
Accumulated depreciation (115) (484) (1,095) (1,314) (1,223)
Other (net) 68 2,940 3,021 3,641 1,826
Land 3,782 3,782 3,782 3,782 3,782
Construction in progress 183 147 465 757 1,815
Total property and equipment 17,889 20,547 19,656 19,814 17,743
Intangible assets
Other 5,105 5,387 5,540 7,375 5,856
Total intangible assets 5,105 5,387 5,540 7,375 5,856
Investments and other assets
Investment securities 1,226 2,308 2,537 2,727 4,411
Guarantee deposits 10,373 10,612 9,776 11,028 11,074
Net defined benefit asset 93 － 477 649 795
Deferred tax assets 7,757 8,731 9,630 10,526 11,027
Other 5,418 4,238 4,961 6,384 6,497
Allowance for doubtful accounts (61) (88) (57) (57) (30)
Total investments and other assets 24,809 25,802 27,325 31,257 33,775
Total non-current assets 47,803 51,737 52,522 58,447 57,376

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Total assets 282,614 302,634 336,144 380,902 399,634

Liabilities and Net Assets

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Current liabilities Notes and accounts payable 23,592 25,537 24,559 27,598 23,558
Short-term loans 8,685 － － － －
Accrued income taxes 1,694 10,159 14,593 8,442 3,452
Provision for bonuses 3,273 4,061 2,956 6,539 4,532
Provision for sales returns 9,178 4,253 5,873 － －
Refund liabilities － － － 5,616 5,186
Provision for game arcade closings 49 43 231 － －
Asset retirement obligations 5 3 6 － －
Other 20,968 25,285 32,122 35,602 34,974
Total current liabilities 67,449 69,344 80,345 83,800 71,704

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Non-current liabilities Provision for directors' retirement benefits 52 52 52 17 7
Provision for game arcade closings － 40 － － －
Net defined benefit liabilities 2,893 3,214 3,492 3,842 3,908
Deferred tax liabilities 1,383 1,062 1,642 874 0
Asset retirement obligations 3,132 3,291 3,715 3,842 4,424
Other 1,257 3,698 3,617 4,094 2,322
Total non-current liabilities 8,719 11,360 12,521 12,672 10,663

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Total liabilities 76,168 80,705 92,866 96,472 82,368

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Shareholders' equity Common stock 24,039 24,039 24,039 24,039 24,039
Capital surplus 53,281 53,388 53,593 53,880 54,142
Retained earnings 143,451 159,222 179,722 221,316 255,151
Treasury stock (10,162) (9,900) (9,556) (8,964) (8,587)
Total shareholders' equity 210,610 226,750 247,799 290,272 324,745

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Accumulated other comprehensive income Unrealized loss on revaluation of other investment securities 116 (162) 59 (24) 2
Foreign currency translation adjustments (4,651) (5,085) (5,655) (6,844) (8,765)
Remeasurements of defined benefit plans (285) (318) 160 116 308
Total accumulated other comprehensive income (4,820) (5,567) (5,435) (6,752) (8,454)

(Millions of yen)

03/2019 03/2020 03/2021 03/2022 03/2023
Subscription rights to shares 517 608 762 718 752
Non-controlling interests 139 137 151 191 222
Total net assets 206,445 221,928 243,278 284,429 317,266
Total liabilities and net assets 282,614 302,634 336,144 380,902 399,634
laoding...