Investor Relations
- Financial Highlights
- Consolidated Statements of Income
- Consolidated Balance Sheets
- Consolidated Statements of Cash Flows
Downloadable File
Print
|
|
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
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(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 |