Note: This document is a translated version for reference purposes only. Therefore, any discrepancy may occur with the Japanese original version. Please refer to the Japanese version if you find anything unclear. COLOPL, Inc. takes no responsibility for any problems of translation.
Cover Page
Document filed: | Semi-annual Securities Report |
Applicable law: | Item 1 in the table in Article 24-5, Paragraph 1 of the Financial Instruments and Exchange Act |
Filed with: | Director, Kanto Local Finance Bureau |
Filing date: | May 13, 2025 |
Quarterly Accounting Period: | The semi-annual of 17th Business Term (From October 1, 2024 to March 31, 2025) |
Company: | Kabushiki Kaisha COLOPL |
Company name in English: | COLOPL, Inc. |
Name and title of representative: | Takashi Miyamoto, President and Representative Director, Senior Executive Officer and CEO |
Address of head office: | 9-7-2 Akasaka, Minato-ku, Tokyo |
Phone number: | 03-6721-7770 |
Contact person: | Yoshiaki Harai, Director, Senior Executive Officer and CFO |
Contact address: | 9-7-2 Akasaka, Minato-ku, Tokyo |
Phone number: | 03-6721-7770 |
Contact person: | Yoshiaki Harai, Director, Senior Executive Officer and CFO |
Place for public inspection: | Tokyo Stock Exchange, Inc. (2-1 Nihonbashikabutocho, Chuo-ku, Tokyo) |
Part 1. Corporate Information
Company Overview
Trends in Major Management Indicators, Etc.
Fiscal term
16th term
Semi-annual consolidated accounting period
17th term
Semi-annual consolidated accounting period
16th period
Accounting period
October 1, 2023
to March 31, 2024
October 1, 2024
to March 31, 2025
October 1, 2023
to September 30, 2024
Net sales
(million yen)
12,702
14,043
25,975
Ordinary profit (loss)
(million yen)
805
2,025
(947)
Profit (loss) attributable to owners
of parent
(million yen)
177
177
(1,866)
Comprehensive income
(million yen)
22
77
(2,144)
Net assets
(million yen)
73,554
68,940
71,387
Total assets
(million yen)
80,937
75,919
79,805
Basic earnings per share
(yen)
1.38
1.39
(14.55)
Diluted earnings per share
(yen)
-
-
-
Equity ratio
(%)
90.9
90.8
89.4
Cash flows from operating
activities
(million yen)
1,544
2,021
237
Cash flows from investing
activities
(million yen)
(2,646)
(1,450)
(8,087)
Cash flows from financing
activities
(million yen)
(562)
(2,896)
(896)
Cash and cash equivalents at
end of period
(million yen)
56,845
47,265
49,454
(Notes) 1. Since the Company prepares semi-annual consolidated financial statements, changes in major management indices of the submitting company are not shown.
Diluted earnings per share are not shown in the above table, as there were no residual shares.
2.Business Summary
During the six months ended March 31, 2025, there have been no significant changes in the businesses operated by the Group (the Company and its affiliated companies). There were also no changes in the major affiliated companies.
Business Overview
Business Risks
During the six months ended March 31, 2025, there were no occurrences of matters related to the status of business and
accounting described in this semi-annual report that may have a significant impact on investor decisions, or significant changes to the "Business Risks" described in the securities report for the previous fiscal year.
Management's Analysis of Financial Position, Operating Results and Cash Flows
The forward-looking statements in this document are based on judgments made as of the end of the six months ended March 31, 2025.
Financial condition and operating results
Operating results
With the Group's mission, "'Entertainment in Real Life': Making everyday more enjoyable and wonderful through
entertainment", the Group has been working to enrich people's everyday lives through entertainment. In the six months ended March 31, 2025, the Entertainment Business has been keeping in mind the need to enhance engagement with users in conjunction with existing titles, while also focusing on developing new titles. The Investment and Development Business has focused primarily on investment and divestment in IT-related and entertainment companies in Japan and overseas.
As a result, consolidated results for the six months ended March 31, 2025 were Net sales of 14,043 million yen (up 10.6% from the same period of the previous fiscal year), Operating profit of 1,413 million yen (up 301.1% from the same period of the
previous fiscal year), Ordinary profit of 2,025 million yen (up 151.4% from the same period of the previous fiscal year),and Profit attributable to owners of parent of 177 million yen (up 0.5% from the same period of the previous fiscal year).
Operating results by segment are as follows.
Entertainment Business
The Entertainment Business is responsible primarily for the development and operation of games for smartphones.
In games for smartphones, "DRAGON QUEST WALK (planning and production: SQUARE ENIX CO., LTD., Development:
COLOPL, Inc.)" performed well and continued to contributed to the Group's consolidated financial results. Although there
were sales contributions from "FESBA+" released in August 2024 and "ISEKAI∞ISEKAI" released in January 2025, some existing titles saw a decline in sales due to the prolonged distribution period, resulting in a decrease in sales. In addition,
advertising expenses increased due to the release of new titles.
As a result, consolidated Net sales and Operating loss for the six months ended March 31, 2025 stood at 12,008 million yen (down 2.7% from the same period of the previous fiscal year) and 167 million yen (Operating profit of 479 million yen in the same period of the previous fiscal year), respectively.
Investment and Development Business
The Group conducts the Investment and Development Business with a focus on investments in IT-related and entertainment companies in particular.
The main source of profit for the six months ended March 31, 2025 was the sale of shares in Timee, Inc. In addition, impairment losses were recorded on a portion of operational investment securities held.
As a result, consolidated Net sales and Operating profit for the six months ended March 31, 2025 stood at 2,034 million yen (up 467.8% from the same period of the previous fiscal year) and 1,579 million yen (Operating loss of 128 million yen in the same period of the previous fiscal year), respectively.
Consolidated financial position (Assets)
Current assets as of March 31, 2025 were 65,485 million yen (down 1,781 million yen from September 30, 2024). This was mainly due to a decrease in Accounts receivable - trade, and contract assets and Operational investment securities.
Non-current assets were 10,433 million yen (down 2,104 million yen from September 30, 2024). This was mainly due to a decrease in Investments and other assets.
As a result, total assets were 75,919 million yen (down 3,885 million yen from September 30, 2024).
(Liabilities)
Current liabilities as of March 31, 2025 were 5,294 million yen (down 1,273 million yen from September 30, 2024). This was mainly due to a decrease in Accounts payable - other.
In addition, Non-current liabilities were 1,684 million yen (down 164 million yen from September 30, 2024). This was mainly due to a decrease in Long-term borrowings.
As a result, total liabilities were 6,979 million yen (down 1,438 million yen from September 30, 2024).
(Net assets)
Net assets as of March 31, 2025 were 68,940 million yen (down 2,447 million yen from September 30, 2024). This was mainly due to a decrease in Retained earnings resulting from the payment of dividends.
Status of cash flows
The balance of cash and cash equivalents at the end of the six months ended March 31, 2025 decreased 2,188 million yen from the end of the previous fiscal year, to 47,265 million yen.
The status of each of the cash flow segments and contributing factors for changes during the six months ended March 31, 2025 are as follows.
(Cash flows from operating activities)
Net cash increased by 2,021 million yen in operating activities during the six months ended March 31, 2025 (increase of 1,544 million yen during the same period of the previous fiscal year). The main cash inflow was 1,449 million yen in Loss (gain) on valuation of investment securities and 660 million yen in Decrease (increase) in trade receivables.
(Cash flows from investing activities)
Net cash decreased by 1,450 million yen in investing activities during the six months ended March 31, 2025 (decrease of 2,646 million yen during the same period of the previous fiscal year). The main cash outflow was 1,039 million yen in Payments into time deposits.
(Cash flows from financing activities)
Net cash decreased by 2,896 million yen in financing activities during the six months ended March 31, 2025 (decrease of 562 million yen during the same period of the previous fiscal year). The main cash outflow was 2,564 million yen in Dividends paid.
Priority business and financial issues to be addressed
During the six months ended March 31, 2025, there were no significant changes in the business and financial issues that the Group needs to address on a priority basis.
Research and Development
The total amount of research and development expenses for the six months ended March 31, 2025 was 1,017 million yen.
There were no significant changes in the status of the Group's research and development activities during the six months ended March 31, 2025.
Important Contracts Etc. Related to Management
During the six months ended March 31, 2025, there were no decisions or conclusions of important management contracts.
Information on the Reporting Company
Stock Information
Total Number of Shares, Etc.
Total number of shares
Type
Number of authorized shares
Common shares
450,000,000
Total
450,000,000
Number of Shares Issued
Type
Number of shares issued at the end of the semi-annual
accounting period (shares) (March 31, 2025)
Number of shares issued as of the filing date (shares)
(May 13, 2025)
Stock exchange where the Company is listed
Details
Common
shares
130,230,769
130,230,769
Tokyo Stock Exchange
Prime Market
The number of shares per one unit of
shares is 100 shares.
Total
130,230,769
130,230,769
-
-
Information on the Share Acquisition Rights, Etc.
Stock Options Not applicable.
Other Share Acquisition Plans, Etc. Not applicable.
Moving Strike Convertible Bonds, Etc. Not applicable.
Changes in Number of Shares Issued and Capital, Etc.
Date
Changes in number of
shares issued (shares)
Balance of number of shares issued
(shares)
Change in capital (million yen)
Balance of capital (million yen)
Change in legal capital surplus (million yen)
Balance of legal capital surplus (million yen)
January 17, 2025 (Note)
86,129
130,230,769
20
6,656
20
6,652
(Note) This is an increase due to the issuance of new shares as restricted stock compensation.
Issue price: 475 yen
Mount capitalized as common shares: 238 yen
Status of Major Shareholders
As of March 31, 2025
Name
Address
Share ownership (shares)
Ratio of the number of shares owned to the number of shares issued (excluding treasury shares) (%)
Naruatsu Baba
Shibuya-ku, Tokyo
61,782,785
48.10
Custody Bank of Japan, Ltd. (Trust account)
1-8-12, Harumi, Chuo-ku, Tokyo
10,166,600
7.91
The Master Trust Bank of Japan, Ltd. (Trust account)
1-8-1 Akasaka, Minato-ku, Tokyo
9,166,200
7.14
THE BANK OF NEW YORK MELLON 140051
(Standing proxy: Settlement & Clearing Services Department of Mizuho Bank, Ltd.)
240 GREENWICH STREET, NEW YORK, NY10286, U.S.A.
(2-15-1, Konan, Minato-ku, Tokyo)
5,879,300
4.58
BANK JULIUS BAER AND CO. LTD. SG
(Standing proxy: MUFG Bank, Ltd.)
7 ORANGE GROVE ROAD 03- 158
SINGAPORE 258355
(1-4-5, Marunouchi, Chiyoda-ku, Tokyo)
3,695,300
2.88
THE BANK OF NEW YORK 133612
(Standing proxy: Settlement & Clearing Services Department of Mizuho Bank, Ltd.)
BOULEVARD ANSPACH 1, 1000 BRUSSELS, BELGIUM
(2-15-1, Konan, Minato-ku, Tokyo)
3,222,300
2.51
KUWAIT INVESTMENT AUTHORITY
(Standing proxy: Direct Custody Clearing Operations of Citibank, N.A., Tokyo Branch)
MINISTRIES COMPLEX ALMURQAB AREA KUWAIT KW 13001
(6-27-30 Shinjuku, Shinjuku-ku, Tokyo)
1,681,400
1.31
THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD -SINGAPORE BRANCH PRIVATE BANKING DIVISION A/ C CLIENTS
(Standing proxy: Custody Services Department, Tokyo Branch, The Hongkong and Shanghai Banking Corporation Limited)
10 MARINA BOULEVARD #48-01 MARINA BAY FINANCIAL CENTRE SINGAPORE 018983
(3-11-1 Nihonbashi, Chuo-ku, Tokyo)
1,200,000
0.93
SBI SECURITIES Co., Ltd.
1-6-1 Konan, Minato-ku, Tokyo
950,389
0.74
JP MORGAN CHASE BANK 385781
(Standing proxy: Settlement & Clearing Services Division, Mizuho Bank, Ltd.)
25 BANK STREET, CANARY WHARF, LONDON, E14 5JP, UNITED KINGDOM
(2-15-1, Konan, Minato-ku, Tokyo)
612,274
0.48
Total
-
98,356,548
76.57
(Notes) 1. The ratio of the number of shares owned to the number of shares issued (excluding treasury shares) is rounded to the second decimal place.
Of the shares owned by Custody Bank of Japan, Ltd. (Trust account), 1,456,000 shares are investment trusts and 82,800 shares are pension trusts.
Of the shares owned by The Master Trust Bank of Japan, Ltd. (Trust account), 3,499,300 shares are investment trusts and 46,800 shares are pension trusts.
A large-volume holdings report (change report) that was made available for public inspection on March 7, 2025 states that Baillie Gifford & Co and its co-owner Baillie Gifford Overseas Limited own the shares shown below as of February 28, 2025. However, because the Company has not been able to confirm the number of shares actually held by them as of March 31, 2025, they have not been included in the major shareholders above.
The following is what is stated in the large-volume holdings report.
Name
Address
Number of shares held
(shares)
Shareholding ratio
Baillie Gifford & Co
Calton Square, 1 Greenside Row,
Edinburgh, EH1 3AN, Scotland
9,151,600
7.03
Baillie Gifford Overseas
Limited
Calton Square, 1 Greenside Row,
Edinburgh, EH1 3AN, Scotland
1,681,400
1.29
Total
-
10,833,000
8.32
(6) Information on Voting Rights
Number of Shares Issued
As of March 31, 2025
Classification
Number of shares (shares)
Number of voting rights
Details
Non-voting shares
-
-
-
Shares with restricted voting right
(treasury shares, etc.)
-
-
-
Shares with restricted voting right
(others)
-
-
-
Shares with full voting right (treasury shares, etc.)
(Treasury stock)
-
The number of shares per one unit of shares is 100 shares.
Common
shares
1,778,900
Shares with full voting right (others)
Common
shares
128,396,100
1,283,961
Ditto
Shares less than one unit
Common
shares
55,769
-
-
Number of shares outstanding
130,230,769
-
-
Total number of voting rights
-
1,283,961
-
(Note) The column showing the shares of less than one unit contains 4 treasury stock owned by the Company.
Treasury Shares, Etc.
As of March 31, 2025
Name of shareholder
Address of shareholder
Number of shares held under the shareholder's
name (shares)
Number of shares held under other shareholders'
names (shares)
Total number of shares held (shares)
Ratio of number of shares held to number of outstanding
shares (%)
(Treasury stock) COLOPL, Inc.
9-7-2 Akasaka, Minato-ku, Tokyo
1,778,900
-
1,778,900
1.37
Total
-
1,778,900
-
1,778,900
1.37
(Notes) The treasury stock above does not include 4 shares of less than one unit.
2. Officers
Not applicable.
Financial Information
Preparation Methods of Semi-annual Consolidated Financial Statements
The semi-annual consolidated financial statements of the Company are prepared based on the Regulation on Terminology, Forms and Preparation Methods of Consolidated Financial Statements (Ministry of Finance Order No. 28 of 1976; hereinafter the
"Regulation on Consolidated Financial Statements"). The Company falls under the category of companies listed in the upper column of Item 1 in the table in Article 24-5, Paragraph 1 of the Financial Instruments and Exchange Act, and has prepared Type 1 semi-annual consolidated financial statements in accordance with provisions set forth in Parts 1 and 3 of the Regulations on Consolidated Financial Statements.
Semi-annual Consolidated Financial Statements
Semi-annual Consolidated Balance Sheets
(million yen)
As of September 30, 2024
As of March 31, 2025
Assets
Current assets
Cash and deposits
50,250
50,523
Accounts receivable - trade, and contract assets
4,206
3,442
Operational investment securities
10,166
9,481
Inventories
*1 540
*1 555
Other
2,119
1,499
Allowance for doubtful accounts
(17)
(16)
Total current assets
67,267
65,485
Non-current assets
Property, plant and equipment
1,641
1,561
Intangible assets
15
32
Investments and other assets
Other
*2 10,892
*2 8,850
Allowance for doubtful accounts
(11)
(11)
Total investments and other assets
10,880
8,839
Total non-current assets
12,537
10,433
Total assets
79,805
75,919
Liabilities
Current liabilities
Accounts payable - other
2,734
1,776
Income taxes payable
245
378
Other
3,588
3,138
Total current liabilities
6,567
5,294
Non-current liabilities
Long-term borrowings
999
666
Asset retirement obligations
759
718
Other
90
299
Total non-current liabilities
1,849
1,684
Total liabilities
8,417
6,979
Net assets
Shareholders' equity
Share capital
6,635
6,656
Capital surplus
6,373
6,394
Retained earnings
61,764
59,375
Treasury shares
(4,645)
(4,645)
Total shareholders' equity
70,128
67,780
Accumulated other comprehensive income
Valuation difference on available-for-sale
securities
814
904
Foreign currency translation adjustment
437
249
Total accumulated other comprehensive income
1,251
1,153
Non-controlling interests
7
6
Total net assets
71,387
68,940
Total liabilities and net assets
79,805
75,919
(million yen)
Six months ended March 31, 2024
Six months ended March 31, 2025
Net sales
12,702
14,043
Cost of sales
9,165
8,745
Gross profit
3,537
5,298
Selling, general and administrative expenses
* 3,184
* 3,884
Operating profit
352
1,413
Non-operating income
Interest income
160
181
Foreign exchange gains
79
289
Gain on sale of investment securities
226
38
Gain on investments in investment partnerships
15
50
Gain on investments in derivatives
17
-
Miscellaneous income
45
77
Total non-operating income
544
636
Non-operating expenses
Interest expenses
1
4
Loss on valuation of investment securities
54
-
Loss on sale of investment securities
21
15
Miscellaneous losses
14
4
Total non-operating expenses
91
24
Ordinary profit
805
2,025
Extraordinary losses
Impairment losses
29
1
Loss on valuation of investment securities
-
1,449
Total extraordinary losses
29
1,451
Profit before income taxes
776
574
Income taxes
598
398
Profit
177
176
Profit (loss) attributable to non-controlling interests
0
(1)
Profit attributable to owners of parent
177
177
Semi-annual Consolidated Statements of Income and Semi-annual Consolidated Statements of Comprehensive Income Semi-annual Consolidated Statements of Income
Semi-annual Consolidated Statements of Comprehensive Income
(million yen)
Six months ended March 31, 2024
Six months ended March 31, 2025
Profit
177
176
Other comprehensive income
Valuation difference on available-for-sale securities
(182)
90
Foreign currency translation adjustment
27
(188)
Total other comprehensive income
(155)
(98)
Comprehensive income
22
77
Comprehensive income attributable to
Comprehensive income attributable to owners of
parent
21
79
Comprehensive income attributable to non-controlling
interests
0
(1)
Semi-annual Consolidated Statements of Cash Flows
(million yen)
Six months ended March 31, 2024
Six months ended March 31, 2025
Cash flows from operating activities
Profit before income taxes
776
574
Depreciation
127
132
Impairment losses
29
1
Foreign exchange losses (gains)
(80)
(276)
Loss (gain) on sale of investment securities
(204)
(23)
Loss (gain) on valuation of investment securities
54
1,449
Decrease (increase) in operational investment
securities
206
(66)
Decrease (increase) in trade receivables
845
660
Decrease (increase) in inventories
(125)
(46)
Increase (decrease) in trade payables
(67)
(60)
Increase (decrease) in accounts payable - other
(90)
(883)
Increase (decrease) in accrued consumption taxes
(38)
(84)
Increase (decrease) in advances received
45
(153)
Decrease (increase) in prepaid expenses
117
384
Other, net
55
167
Subtotal
1,649
1,775
Interest and dividends received
168
177
Interest paid
(1)
(4)
Income taxes refund (paid)
(272)
73
Net cash provided by (used in) operating activities
1,544
2,021
Cash flows from investing activities
Payments into time deposits
(1,412)
(1,039)
Purchase of property, plant and equipment
(101)
(39)
Payments for asset retirement obligations
-
(42)
Purchase of intangible assets
(5)
(22)
Purchase of investment securities
(2,941)
(775)
Proceeds from sale of investment securities
1,736
425
Collection of investment in capital of subsidiaries and
affiliates
-
43
Other, net
76
1
Net cash provided by (used in) investing activities
(2,646)
(1,450)
Cash flows from financing activities
Proceeds from long-term borrowings
2,000
-
Repayments of long-term borrowings
-
(333)
Dividends paid
(2,565)
(2,564)
Other, net
2
0
Net cash provided by (used in) financing activities
(562)
(2,896)
Effect of exchange rate change on cash and cash
equivalents
159
136
Net increase (decrease) in cash and cash equivalents
(1,505)
(2,188)
Cash and cash equivalents at beginning of period
58,167
49,454
Increase in cash and cash equivalents resulting from
inclusion of subsidiaries in consolidation
184
-
Cash and cash equivalents at end of period
* 56,845
* 47,265
Notes
(Notes on change in accounting policy)
(Application of "Accounting Standard for Current Income Taxes", etc.)
"Accounting Standard for Current Income Taxes" (ASBJ Statement No. 27, October 28, 2022; hereinafter referred to as the "Revised Accounting Standard 2022"), etc. have been adopted from the beginning of the semi-annual consolidated fiscal year under review.
The amendment to categories in which current income taxes should be recorded (taxes on other comprehensive income) follows the transitional treatment prescribed in the proviso of paragraph 20-3 of the Revised Accounting Standard 2022 and the transitional treatment prescribed in the proviso (2) of paragraph 65-2 of the Implementation Guidance on Tax Effect
Accounting (ASBJ Guidance No. 28, October 28, 2022; hereinafter referred to as the "Revised Implementation Guidance 2022"). This change in accounting policies has no impact on the semi-annual consolidated financial statements.
For the amendment related to the revised accounting treatment for consolidated financial statements when gains or losses on sale of shares in subsidiaries resulting from transactions between consolidated companies were deferred for the tax purposes, the Revised Implementation Guidance 2022 has been adopted from the beginning of the semi-annual consolidated fiscal year under review. This change in accounting policies was applied retrospectively. Hence, the semi-annual consolidated financial statements for the previous fiscal year and the consolidated financial statements for the previous fiscal year have been modified retrospectively. This change in accounting policies has no impact on the semi-annual consolidated financial statements for the previous fiscal year and the consolidated financial statements for the previous fiscal year.
(Adoption of accounting treatment specific to the preparation of semi-annual consolidated financial statements) (Calculation of tax expense)
Tax expenses are calculated by reasonably estimating the effective tax rate after applying tax effect accounting to profit before income taxes for the consolidated fiscal year, including the semi-annual consolidated fiscal year under review, and multiplying profit before income taxes by the estimated effective tax rate.
(Notes to Semi-annual Consolidated Balance Sheet)
*1 Inventories consist of the following.
As of September 30, 2024
As of March 31, 2025
Merchandise
35 million yen
14 million yen
Work in process
498 million yen
533 million yen
Supplies
6 million yen
7 million yen
*2 Assets pledged collateral
The assets below are deposited under the Act on Financial Settlements.
As of September 30, 2024
As of March 31, 2025
Investments and other
assets
473 million yen
473 million yen
(Notes to Semi-annual Consolidated Statements of Income)
*The major items of selling, general and administrative expenses and the amounts are as follows.
For the six months ended March 31, 2024 (October 1, 2023 to March 31, 2024)
For the six months ended March 31, 2025 (October 1, 2024 to March 31, 2025)
Salaries and allowances
707 million yen
648 million yen
Advertising expenses
741 million yen
1,370 million yen
(Notes to Semi-annual Consolidated Statements of Cash Flows)
For the six months ended March 31, 2024 (October 1, 2023 to March 31, 2024)
For the six months ended March 31, 2025 (October 1, 2024 to March 31, 2025)
Cash and deposits
56,840 million yen
50,523 million yen
Time deposits whose deposit period is more than three months
- million yen
(3,282) million yen
Deposits paid ("Other" in current assets)
5 million yen
25 million yen
Cash and cash equivalents
56,845 million yen
47,265 million yen
*Year-end balance of cash and cash equivalents and the relationship with the amounts of items listed in the Semi-annual Consolidated Balance Sheet
(Shareholders' equity, etc.)
Six months ended March 31, 2024 (October 1, 2023 to March 31, 2024)
Dividends paid
(Resolution)
Class of shares
Total amount of dividends
( million yen)
Dividend per share (yen)
Record date
Effective date
Source of dividends
December 22, 2023 Annual general meeting of shareholders
Common shares
2,565
20.00
September 30, 2023
December 26, 2023
Retained earnings
Six months ended March 31, 2025 (October 1, 2024 to March 31, 2025) Dividends paid
(Resolution)
Class of shares
Total amount of dividends
( million yen)
Dividend per share (yen)
Record date
Effective date
Source of dividends
December 20, 2024
Annual general meeting of shareholders
Common shares
2,567
20.00
September 30, 2024
December 24, 2024
Retained earnings
(Segment Information Etc.) Segment Information
For the six months ended March 31, 2024 (October 1, 2023 to March 31, 2024)
Information on net sales and income or loss by reportable segment
(million yen)
Reportable segment
Adjustment (Note)1
Amount recorded in Consolidated Financial
Statements (Note)2
Entertainment Business
Investment and Development Business
Total
Net sales
Sales to external customers
12,344
358
12,702
-
12,702
Intersegment sales or transfers
-
-
-
-
-
Total
12,344
358
12,702
-
12,702
Segment profit (loss)
479
(128)
351
1
352
(Notes) 1. An adjustment in the segment profit (loss) area represents the deduction of intersegment transactions.
Segment profit (loss) has been adjusted to be consistent with the operating profit reported in the semi-annual consolidated statements of income.
For the six months ended March 31, 2025 (October 1, 2024 to March 31, 2025)
Information on net sales and income or loss by reportable segment
(million yen) | |||||
Reportable segment | Adjustment (Note)1 | Amount recorded in Consolidated Financial Statements (Note)2 | |||
Entertainment Business | Investment and Development Business | Total | |||
Net sales | |||||
Sales to external customers | 12,008 | 2,034 | 14,043 | - | 14,043 |
Intersegment sales or transfers | - | - | - | - | - |
Total | 12,008 | 2,034 | 14,043 | - | 14,043 |
Segment profit (loss) | (167) | 1,579 | 1,412 | 1 | 1,413 |
(Notes) 1. An adjustment in the segment profit (loss) area represents the deduction of intersegment transactions.
2. Segment profit (loss) has been adjusted to be consistent with the operating profit reported in the semi-annual consolidated statements of income.
(Revenue Recognition)
Six months ended March 31, 2024 (October 1, 2023 to March 31, 2024)
(million yen) | |||
Reportable Segment | Total | ||
Entertainment Business | Investment and Development Business | ||
Revenue from user charges | 5,018 | - | 5,018 |
Income from revenue sharing | 4,653 | - | 4,653 |
Other (Note) 1 | 2,672 | 29 | 2,702 |
Revenue from contracts with customers | 12,344 | 29 | 12,374 |
Other revenue (Note) 2 | - | 328 | 328 |
Net sales to external customers | 12,344 | 358 | 12,702 |
（Notes）1. Other includes Revenue from made-to-order software development on order based on contracts.
2. Other revenue mainly consists of income related to investments in limited liability investment partnerships and similar partnerships in accordance with ASBJ Statement No. 10, "Accounting Standard for Financial Instruments".
Six months ended March 31, 2025 (October 1, 2024 to March 31, 2025)
(million yen) | |||
Reportable Segment | Total | ||
Entertainment Business | Investment and Development Business | ||
Revenue from user charges | 4,468 | - | 4,468 |
Income from revenue sharing | 4,900 | - | 4,900 |
Other (Note) 1 | 2,338 | 48 | 2,387 |
Revenue from contracts with customers | 11,707 | 48 | 11,755 |
Other revenue (Note) 2 | 301 | 1,986 | 2,287 |
Net sales to external customers | 12,008 | 2,034 | 14,043 |
（Notes）1. Other includes Revenue from made-to-order software development on order based on contracts.
2. Other revenue in the Entertainment Business is primarily revenue related to blockchain games. These are transactions related to crypto-assets that satisfy the definition in the Payment Services Act (Act No. 59 of 2009), and are classified under paragraph 3 (7) of the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29). Therefore, they
are not included in "Revenue from contracts with customers." In accordance with the Accounting Standard for Revenue Recognition, the prices of user charges, sales of crypto-assets, and other revenue (including funds procured by Initial Exchange Offering (IEO)) are recorded as advances received, and are reclassified as revenue in stages as the crypto-assets are used within the game.
Other revenue in the Investment and Development Business is primarily revenue related to investments in capital of investment limited partnerships or other similar partnerships based on the Accounting Standard for Financial Instruments (ASBJ Statement No. 10), and is classified under paragraph 3 (1) of the Accounting Standard for Revenue Recognition. Therefore, they are not included in "Revenue from contracts with customers."
(Per share information)
Item | Six months ended March 31, 2024 (October 1, 2023 to March 31, 2024) | Six months ended March 31, 2025 (October 1, 2024 to March 31, 2025) |
Basic earnings per share (yen) | 1.38 | 1.39 |
(Basis for calculation) | ||
Profit attributable to owners of parent (million yen) | 177 | 177 |
Amount not attributable to common shareholders (million yen) | - | - |
Profit attributable to owners of parent pertaining to common shares (million yen) | 177 | 177 |
Average number of shares during the period (shares) | 128,321,127 | 128,408,859 |
The basis for calculating basic earnings per share and earnings per share fully diluted is as follows.
(Notes) Diluted earnings per share are not shown in the above table, as there were no residual shares. (Significant subsequent events)
Not applicable.
2.Other
Not applicable.
Part 2. Information Concerning Guarantors of the Reporting Company
Not applicable.