Genki, a Japanese game development studio best known for the Tokyo Xtreme Racer franchise, recently announced their financial results for the fiscal year ending March 2025. As reported by GameBiz, the developer saw an annual net profit of 259 million yen (roughly $1.8 million USD).
This is a big turnaround for Genki, as it comes after three consecutive years of being in the red. In the previous fiscal year (ending March 2024), Genki saw an annual net deficit of 100 million yen (roughly $694k USD). However, the release of the Tokyo Xtreme Racer reboot has helped the studio not only become profitable again, but achieve its highest net profit in 10 years.
Described by Genki as a “big hit,” the 2025 Tokyo Xtreme Racer reboot released as an Early Access title on Steam last January. It currently has a “Very Positive” rating based on 11,084 reviews (94% of which are positive). Despite this being the first new Tokyo Xtreme Racer game in 18 years, the reboot was able to resonate with fans due to the strength of the IP, a growing interest in Japanese cars, and popular VTubers like Gawr Gura who streamed the game of their own initiative.
Aside from Tokyo Xtreme Racer, Genki also released the casual platformer Devil Road Run! and the Uta no Prince-sama ♪ LIVE EMOTION mobile rhythm game (which is currently exclusive to Japan) during this fiscal term.
Given that it was recently announced that the Tokyo Xtreme Racer reboot will remain in Early Access until at least September 2025, expect Genki’s success to continue once the game fully releases.
