Cave Interactive Co Ltd · TSE:3760

Cave Interactive — FY2026 Earnings Presentation

58 slides from Cave Interactive's earnings presentation, Jul 31, 2026

  1. Slide 1: Computer Art Visual Entertainment

    Computer Art Visual Entertainment 2026 5 3760 2026 7 31 C 2026 CAVE Interactive CO.,LTD.

  2. Slide 2: CEO message

    CEO 2025 8 2025 10 C 2026 CAVE Interactive CO.,LTD. 2

  3. Slide 3: Agenda

    1. 2. 3. 4. 5. 6. 7 URL 8 C 2026 CAVE Interactive CO.,LTD. 3

  4. Slide 4: C 2026 CAVE Interactive CO.,LTD.

    01 C 2026 CAVE Interactive CO.,LTD. 4

  5. Slide 5: C 2026 CAVE Interactive CO.,LTD.

    2023/7/1~2026/6/30 3000 2,699 28.5 2375 1750 1125 653 500 7 2 7 2 7 2 6 /0 /1 /0 /1 /0 /1 /0 23 23 24 24 25 25 26 C 2026 CAVE Interactive CO.,LTD. 5

  6. Slide 6: OUTRANKERS

    1 × OUTRANKERS 28.5 4Q ○ AI AI ○ C 2026 CAVE Interactive CO.,LTD. 6

  7. Slide 7: C 2026 CAVE Interactive CO.,LTD.

    02 C 2026 CAVE Interactive CO.,LTD. 7

  8. Slide 8: FY2027 forecast

    2027 5 14.5 V 2027 5 13.8 25.0% 10,500 13,969 12,274 1,450 12,002 17.3% 15.2% 10,500 13.8% 9.5% 8.1% 2026 5 1.7% 12,002 -5.1% -6.0% 2024/5 2025/5 2026/5 2027/5 608 C 2026 CAVE Interactive CO.,LTD. 8

  9. Slide 9: POINT

    2027 5 20 40 2026 5 2027 5 POINT ※ [ ] 12,002 10,500 1,502 17.5 2,058 608 1,450 2,086 536 1,550 2,799 1,200 3,999 ※ C 2026 CAVE Interactive CO.,LTD. 9

  10. Slide 10: C 2026 CAVE Interactive CO.,LTD.

    03 C 2026 CAVE Interactive CO.,LTD. 10

  11. Slide 11: C 2026 CAVE Interactive CO.,LTD.

    2 20 2 20 18 14.5 20 11 6 2024/5 2025/5 2026/5 2027/5 2028/5 C 2026 CAVE Interactive CO.,LTD. 11

  12. Slide 12: AI x IP

    4 IP ✖ AI ✖ Global × IP AI 1 1 IP 3 IP STEAM Switch AI IP 2 AI IP STEAM C 2026 CAVE Interactive CO.,LTD. 12

  13. Slide 13: AI initiatives

    AI AI AI AI AI AI AI AI KPI AI C 2026 CAVE Interactive CO.,LTD. 13

  14. Slide 14: C 2026 CAVE Interactive CO.,LTD.

    04 C 2026 CAVE Interactive CO.,LTD. 14

  15. Slide 15: 4Q highlights and EBITDA

    2026 5 4Q 4 OUTRANKERS 28.5 4Q EBITDA ※ 12,002 3,463 422 608 1,966 1,767 1,937 1,741 ※ EBITDA C 2026 CAVE Interactive CO.,LTD. 15

  16. Slide 16: FY2026 results versus forecast

    2026 5 2026 5 2026 5 2025 5 13,969 11,900 12,002 14.1% 100.9% EBITDA 1,515 422 127.9% 1,133 700 608 153.7% 113.1% 1,131 640 536 147.4% 116.2% 246 3,200 2,799 112.5% C 2026 CAVE Interactive CO.,LTD. 16

  17. Slide 17: Quarterly results YoY and QoQ

    2026 5 4 YonY V 2026 5 4 2025 5 4 2026 5 3 2026 3 – 2026 5 2025 3 - 2025 5 2025 12 - 2026 2 YoY QoQ 3,252 3,804 14.5% 3,146 +3.4% 1,259 1,300 3.2% 999 +26.0% 857 1,053 18.6% 1,086 21.1% EBITDA 439 371 +18.3% 51 % 401 247 62.3% 86 % 316 85 271.8% 111 % 607 738 % 300 % ※ EBITDA 2026 1 3 2024 6 28 2026

  18. Slide 18: Quarterly net sales trend

    4Q 4,000 3,800 3,804 1500 3,713 3,408 3,392 3,252 3,146 2,971 2,971 2,977 3,000 975 741 2,627 569 556 2,181 492 401 2,000 450 199 247 129 67 -86 1,000 -75 -356 -565 0 -600 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 2026 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 18

  19. Slide 19: Quarterly breakdown

    4Q 857 1200 288 366 319 900 292 362 303 301 292 313 311 224 147 221 384 105 124 600 117 84 188 321 303 112 203 173 202 202 177 204 214 93 177 210 59 216 300 117 219 359 394 407 375 363 315 342 301 320 213 228 159 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 C 2026 CAVE Interactive CO.,

  20. Slide 20: IP

    IP IP IP 30% IP XX % C 2026 CAVE Interactive CO.,LTD. 20

  21. Slide 21: Balance sheet and cash flow

    2026 5 BS CF 2026 2026 2026 2025 1Q 2Q 3Q 4Q 2Q 4Q 13,248 11,478 9,503 8,929 9,407 CF 1,771 560 8,479 6,652 7,148 6,739 7,175 6,199 4,260 4,479 3,957 5,261 CF 747 1,137 1,073 934 1,093 1,337 729 1,206 1,457 1,575 1,443 1,185 CF 728 627 4,769 4,826 2,355 2,190 2,231 202 284 265 241 181 4,471 5,251 2,

  22. Slide 22: EBITDA

    EBITDA 2024 9 EBITDA ※EBITDA 2025 11 OUTRANKERS EBITDA 900 773 691 609 600 510 439 371 300 275 177 77 0 51 -300 299 509 -600 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 2026 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 22

  23. Slide 23: EBITDA

    EBITDA EBITDA ※EBITDA YoY QoQ +67 +490 900 773 691 609 600 510 439 371 300 275 177 77 0 51 -300 299 509 -600 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 2026 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 22

  24. Slide 24: EBITDA

    EBITDA EBITDA ※EBITDA YoY +67 900 773 691 609 600 510 439 371 300 275 177 77 0 51 -300 299 509 -600 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 2026 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 22

  25. Slide 25: EBITDA

    EBITDA EBITDA ※EBITDA QoQ +490 900 773 691 609 600 510 439 371 300 275 177 77 0 51 -300 299 509 -600 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 2026 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 22

  26. Slide 26: Quarterly profit trend

    1,394 1,200 887 804 725 611 593 600 488 365 316 117 86 85 0 59 111 393 347 -600 -1,200 1,419 -1,800 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2023 FY2024 FY2025 FY2026 2025 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 23

  27. Slide 27: YoY QoQ

    YoY QoQ 1,394 +230 +428 1,200 887 804 725 611 593 600 488 365 316 117 86 85 0 59 111 393 347 -600 -1,200 1,419 -1,800 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2023 FY2024 FY2025 FY2026 2025 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 23

  28. Slide 28: YoY

    YoY 1,394 +230 1,200 887 804 725 611 593 600 488 365 316 117 86 85 0 59 111 393 347 -600 -1,200 1,419 -1,800 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2023 FY2024 FY2025 FY2026 2025 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 23

  29. Slide 29: QoQ

    QoQ 1,394 +428 1,200 887 804 725 611 593 600 488 365 316 117 86 85 0 59 111 393 347 -600 -1,200 1,419 -1,800 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2023 FY2024 FY2025 FY2026 2025 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 23

  30. Slide 30: Quarterly trend

    4Q 1,800 1,522 537 576 497 565 588 607 640 370 297 115 25 56 -520 285 300 738 -1,680 -2,840 2,821 -4,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2023 FY2024 FY2025 FY2026 2026 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 24

  31. Slide 31: YoY QoQ

    YoY QoQ +1,345 +907 1,800 1,522 537 576 497 565 588 607 640 370 297 115 25 56 -520 285 300 738 -1,680 -2,840 2,821 -4,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2023 FY2024 FY2025 FY2026 2026 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 24

  32. Slide 32: YoY

    YoY +1,345 1,800 1,522 537 576 497 565 588 607 640 370 297 115 25 56 -520 285 300 738 -1,680 -2,840 2,821 -4,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2023 FY2024 FY2025 FY2026 2026 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 24

  33. Slide 33: QoQ

    QoQ +907 1,800 1,522 537 576 497 565 588 607 640 370 297 115 25 56 -520 285 300 738 -1,680 -2,840 2,821 -4,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2023 FY2024 FY2025 FY2026 2026 1 3 2024 6 28 2026 3 5 C 2026 CAVE Interactive CO.,LTD. 24

  34. Slide 34: C 2026 CAVE Interactive CO.,LTD.

    05 C 2026 CAVE Interactive CO.,LTD. 25

  35. Slide 35: Our Philosophy

    Our Philosophy C 2026 CAVE Interactive CO.,LTD. 26

  36. Slide 36: Mission, Vision, Core Value

    MISSION Create The Solution - - VISION Stand Up To Win - - Be The Trigger Challenge With Teamwork CORE VALUE Do The Best For Users - - Go Above And Beyond C 2026 CAVE Interactive CO.,LTD. 27

  37. Slide 37: Company history and group

    2023 2024 Project 2022 2022 2019 2015 capable 2024 2004 ( ) ( ) 1999 i 1990 1994 2010 2020 2002 1994 ™ C 2026 CAVE Interactive CO.,LTD. 28

  38. Slide 38: Strengths

    1 2 2015 4 Strengths 3 4 2023 11 RPG C 2026 CAVE Interactive CO.,LTD. 29

  39. Slide 39: Business structure

    ¥ ¥ ¥ DELUXE GAMES SDN. BHD. ¥ ¥ ¥ ¥ C 2026 CAVE Interactive CO.,LTD. 30

  40. Slide 40: C 2026 CAVE Interactive CO.,LTD.

    06 C 2026 CAVE Interactive CO.,LTD. 31

  41. Slide 41: RPG new project

    2023 11 22 RPG ©2023 CAVE Interactive CO., LTD. 2.5 • Project Project STG RPG • C 2026 CAVE Interactive CO.,LTD. 32 ©︎

  42. Slide 42: Mobile game title

    2015 4 1 ©2015 CAVE Interactive CO., LTD. 11 • ! S!? • 2026 4 1 11 11 • 5 13 © Pyramid,Inc. / COLOPL,Inc. C 2026 CAVE Interactive CO.,LTD. 33

  43. Slide 43: MIXI collaboration title

    • 2024 8 5 Web MIXI 2026 3 2026.5.15 20 2013 10 10 • RPG MIXI MIXI 2026.6.4 • RPG ” ” ” ” 4 2013 10 2025 12 6,500 ©MIXI C 2026 CAVE Interactive CO.,LTD. 34 ©︎

  44. Slide 44: Web Store

    - - 2018 2 22 • 6 24 8.5 RPG • 2025 8 50% Web Store • ( ) 2026 8 8.5 • 6 7 17 C 2026 CAVE Interactive CO.,LTD. 35 ©︎ ©︎

  45. Slide 45: Console release & Boosted

    IP( ) IP & Boosted DANMAKU Nintendo Switch PlayStation 5 1 26 Nintendo Switch PlayStation 5 Steam Ⅱ 2026 10 1 © 2006, 2007, 2011, 2026 CAVE CO., LTD. © CAVE Interactive CO., LTD. Licensed to, Developed and Published by 2026 CITY CONNECTION CO., LTD. C 2026 CAVE Interactive CO.,LTD. 36

  46. Slide 46: BGM and BEMANI collaboration

    • BGM Ryu BEMANI 6 10 Steam • 2008, 2026 CAVE Interactive CO.,LTD. • • 2008 ※ reignite C 2026 CAVE Interactive CO.,LTD. 37 ©︎

  47. Slide 47: C 2026 CAVE Interactive CO.,LTD.

    2026 5 C 2026 CAVE Interactive CO.,LTD. 38

  48. Slide 48: URL

    7 URL URL URL https://www.cave.co.jp/ X @cavegames URL https://www.dxg.jp/ Youtube https://www.youtube.com/@CAVEOf cialCh - - URL https://www.kingdomran.jp/ URL https://gomaotsu.jp/ X @KingdomRan X @mahouotome_info URL https://gensoueclipse.jp/ URL https://sucplus.co.jp/ X @gensoueclipse X @sucplus7

  49. Slide 49: C 2026 CAVE Interactive CO.,LTD.

    8 C 2026 CAVE Interactive CO.,LTD. 40

  50. Slide 50: C 2026 CAVE Interactive CO.,LTD.

    C 2026 CAVE Interactive CO.,LTD. 41

  51. Slide 51: Q&A

    2026 5 Q 2027 5 A 2027 5 AI 4 2027 5 C 2026 CAVE Interactive CO.,LTD. 42

  52. Slide 52: Q&A

    2026 5 Q A 22 3,000 2026 5 C 2026 CAVE Interactive CO.,LTD. 43

  53. Slide 53: Q&A

    2026 5 Q 2 20 A 2 20 2027 5 14 5,000 AI C 2026 CAVE Interactive CO.,LTD. 44

  54. Slide 54: Q&A

    2026 5 Q A 2027 5 17 5,000 C 2026 CAVE Interactive CO.,LTD. 45

  55. Slide 55: Q&A

    2026 5 Q A AI IP AI C 2026 CAVE Interactive CO.,LTD. 46

  56. Slide 56: Q&A

    2026 5 Q AI A AI 2 1 AI 2 1 AI C 2026 CAVE Interactive CO.,LTD. 47

  57. Slide 57: Q&A

    2026 5 Q A 2027 5 2026 5 2 2 20 C 2026 CAVE Interactive CO.,LTD. 48

  58. Slide 58: Q&A

    2026 5 Q A IP IP AI C 2026 CAVE Interactive CO.,LTD. 49

CAVE Interactive — FY2026 Earnings Presentation on 6ix