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Koei Tecmo Holdings shares rise on upward revision to operating profit as new titles exceed plan
KOEI TECMO HOLDINGS CO., LTD. <3635> traded firmly on 21st. The company announced after the close of trading on 20th that its consolidated operating profit for the fiscal year ending March 2026, currently being finalized, is expected to reach 36.0 billion yen (up 12.1% year-on-year). This figure represents an upward revision from the previous forecast of 31.0 billion yen. Net profit was also raised significantly to 41.5 billion yen (up 10.3% year-on-year), up from the earlier projection of 27.0 billion yen.
While revenue was revised downward to 87.5 billion yen (up 5.2% year-on-year) from the previous forecast of 92.0 billion yen, new titles released in the fourth quarter exceeded internal plans. Additionally, non-operating income and expenses outperformed expectations significantly, providing a substantial boost to the bottom line despite the softer top-line outlook. The news has been well-received by the market as a sign of high profitability within the company's software portfolio.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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