Koei Tecmo Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Half of Fiscal 2017; Provides Earnings Guidance for the Full Year Ending March 2018
October 25, 2017
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Koei Tecmo Holdings Co., Ltd. reported consolidated earnings results for the first half of fiscal 2017. For the period, the company reported net sales of ¥14,916 million against ¥16,576 million for the same period last year. Operating income was ¥2,850 million against ¥2,748 million for the same period last year. Income before income taxes and minority interests was ¥6,897 million against ¥4,904 million for the same period last year. Net income was ¥5,034 million against ¥3,786 million for the same period last year.
The company provided consolidated earnings guidance for the full year ending March 2018. For the period, the company expected net sales of ¥42,000 million, operating income was ¥11,500 million, income before income taxes and minority interests of ¥16,000 million, 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.
Koei Tecmo Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Half of Fiscal 2017; Provides Earnings Guidance for the Full Year Ending March 2018