CAVE Interactive Co.,Ltd. Announces Earnings Results for the Year Ended May 31, 2018
July 12, 2018 at 11:30 am IST
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CAVE Interactive CO.,LTD. announced earnings results for the year ended May 31, 2018. For the year, the company's net sales were ¥2,366 million compared with ¥2,820 million a year ago. Operating loss was ¥69 million compared with ¥220 million a year ago. Ordinary loss was ¥88 million compared with ¥229 million a year ago. Loss was ¥70 million or ¥25.32 per basic and diluted share compared with ¥391 million or ¥152.65 per basic share a year ago. Negative rate of return on equity was 8.4% compared with 63.3% a year ago. As on May 31, 2018, the company's net assets per share was ¥345.47. Cash flows from operating activities was ¥84 million compared with cash flows used in operating activities of ¥133 million a year ago.
Cave Interactive Co Ltd is a Japan-based company mainly engaged in the development and operation of mobile online games, the provision of support and management services for Internet video distributors, and the multi-channel network business. The Interactive segment is engaged in the development and operation of games for mobiles and computers such as Do Don Pachi Dai Fukkatsu, Death Smiles, Mushihimesama, Akai Katana and others, as well as the provision of live distribution services.