Koei Tecmo Holdings has announced a significant revision to its projected earnings for the first half of the fiscal year (April to September 2025). As reported by GameBiz, the company now expects profit margins to far exceed original estimates, with ordinary profit and net profit doubling compared to the company’s previous forecast.
The upward revision comes partly due to stronger-than-expected performance in Koei Tecmo’s game business, including increased sales of games released in previous fiscal years and lower outsourcing and advertising costs (mind that this report does not yet account for sales of Ninja Gaiden 4, which released on October 21).

However, non-operating income (income not related to games) is a big part of the upward revision too. Koei Tecmo is renowned for its impressive investment acumen, which results in the company’s financial business often performing on par with, or even better than, its core game business. In the previous fiscal year, they recorded roughly $116 million in profit from strategic investments, which significantly boosted the company’s bottom line.
As for its full-year forecast (April 2025 to March 2026), Koei Tecmo hasn’t announced any changes yet, citing the planned release of multiple new titles (like Hyrule Warriors, Nioh 3 and Pokémon Pokopia), as well as uncertainty in the global economy and financial markets as variables.
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