Koei Tecmo Holdings has published its full-year financial results for the fiscal year ending March 2025. While we often report on how Koei skillfully makes up for losses in video games sales with its renowned investment strategies, this year the company saw significant profit from its core business – video games, as well as its investment returns. As a result, Koei Tecmo achieved record high net profit, ordinary income and non-operating income (source: GameBiz).
During the fiscal year, Koei Tecmo released nine console games, including hit releases like Dynasty Warriors Origin and the Atelier series’ most ambitious entry to date – Atelier Yumia. Although segment sales were slightly lower year-on-year, profit increased by over $22 million thanks to sales of new self-published titles, increased digital sales of catalogue titles, and cost-cuts related to live-service games.
Koei Tecmo’s investment division, known for its bold financial moves, contributed around $123 million in non-operating income. This marked a slight year-over-year increase and the company’s highest figure ever, demonstrating some stable asset management skills amid hectic market conditions.
For the next fiscal year, Koei Tecmo has several new releases planned, including the Switch 2 exclusive AAA title Hyrule Warriors: Age of Imprisonment, but nonetheless expects lower annual profits. This is attributed to large upfront development investments and recent market uncertainty.
Metrics for the full fiscal year 2025 are as follows:
Net sales: 83.15 billion yen (down 1.7% year on year)
Operating profit: 32.12 billion yen (up 12.7% year on year)
Ordinary profit: 49.99 billion yen (up 9.3% year on year)
Net profit: 37.63 billion yen (up 11.4% year on year)
Forecast for the full fiscal year 2026 is as follows:
Net sales: 92 billion yen (up 10.6% year on year)
Operating profit: 31 billion yen (down 3.5% year on year)
Ordinary profit: 37 billion yen (down 26.0% year on year)
Net profit: 27 billion yen (down 28.2% year on year)
