Koei Tecmo Holdings Co., Ltd. Reports Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year 2017
April 26, 2017
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Koei Tecmo Holdings Co., Ltd. reported earnings results for the year ended March 31, 2017. For the period, the company's net sales were ¥37,034 million against ¥38,332 million a year ago. Operating income was ¥8,781 million against ¥11,069 million a year ago. Income before income taxes and minority interests was ¥15,211 million against ¥15,573 million a year ago. Net income was ¥11,624 million against ¥10,855 million a year ago.
For 2017, the company expects net sales of ¥42,000 million, operating income of ¥11,500 million, income before income taxes and minority interests of ¥16,000 million and net income of ¥11,700 million.
KOEI TECMO HOLDINGS CO., LTD. is a Japan-based company mainly engaged in the entertainment business, the slot and pachinko (SP) business, the amusement facility operation business and the real estate business. The Company has four business segments. The Entertainment segment is engaged in the development and sale of entertainment content products. The SP segment is engaged in the contract development of commercial amusement equipment, as well as the related royalty income business. The Amusement Facility Operation segment is engaged in the operation of game center stores. The Real Estate segment is engaged in the operation and management of real estate. The Company is also engaged in the venture capital business.