Koei Tecmo Holdings Co., Ltd. Provides Earning Guidance for the Second Quarter and Fiscal Year Ending March 31, 2023
April 24, 2022
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Koei Tecmo Holdings Co., Ltd. provided earning guidance for the second quarter and fiscal year ending March 31, 2023. For the second quarter total, The company expects net sales of JPY 32 billion, operating income of JPY 13 billion, ordinary income of JPY 17 billion, and current net income of JPY 12 billion.
The fiscal year ending March 31, 2023 is the first year of three-year medium-term management plan. The company expects sales to increase and profits to decrease for a single year due to plans to develop major titles across fiscal years and a conservative view of IP licensing revenue.
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.
KOEI TECMO HOLDINGS CO., LTD. 
