Koei Tecmo Holdings Co., Ltd. Reports Earnings Results for the First Half of Fiscal 2016; Provides Earnings Guidance for the Full Year Ending March 2017
October 26, 2016
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Koei Tecmo Holdings Co., Ltd. reported earnings results for the first half of fiscal 2016. For the period, the company reported net sales of ¥16,576 million against ¥15,159 million for the same period last year. Operating income was ¥2,748 million against ¥2,477 million for the same period last year. Income before income taxes and minority interests was ¥4,904 million against ¥5,653 million for the same period last year. Net income was ¥3,786 million against ¥4,061 million for the same period last year.
The company provided earnings guidance for the full year of 2016. For the period, the company expected net sales of ¥16,576 million, operating income was ¥11,500 million, Income before income taxes and minority interests of ¥16,000 million, Net income of ¥11,000 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 Earnings Results for the First Half of Fiscal 2016; Provides Earnings Guidance for the Full Year Ending March 2017