Koei Tecmo Holdings Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
January 29, 2018
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Koei Tecmo Holdings Co., Ltd. announced consolidated earnings results for the third quarter ended December 31, 2017. For the period, the company's Net Sales were JPY 24,030 million as compared to JPY 24,199 million a year ago. Operating income was JPY 11,405 million as compared to JPY 3,499 million a year ago. Income before income taxes and minority interests was JPY 11,405 million as compared to JPY 7,972 million a year ago. Net income was JPY 8,261 million as compared to JPY 5,987 million a year ago.
The company also provided earnings guidance for the full year ending March 31, 2018. For the period, the company's net sales is expected to be JPY 42,000 million. Operating income is expected to be JPY 11,500 million. Income before income taxes and minority interests is expected to be JPY 16,000 million. Net income expected to be JPY 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. Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018