{"id":56216,"date":"2026-01-28T01:00:00","date_gmt":"2026-01-27T16:00:00","guid":{"rendered":"https:\/\/automaton-media.com\/en\/?p=56216"},"modified":"2026-01-27T18:33:29","modified_gmt":"2026-01-27T09:33:29","slug":"yes-this-is-a-game-company-koei-tecmos-investments-outperformed-core-game-business-in-the-past-three-quarters","status":"publish","type":"post","link":"https:\/\/automaton-media.com\/en\/news\/yes-this-is-a-game-company-koei-tecmos-investments-outperformed-core-game-business-in-the-past-three-quarters\/","title":{"rendered":"\u201cYes, this is a game company.\u201d Koei Tecmo\u2019s\u00a0investments outperformed core game business in the past three quarters\u00a0"},"content":{"rendered":"\n<p>Dynasty Warriors and Ninja Gaiden developer&nbsp;<strong>Koei Tecmo<\/strong>&nbsp;has&nbsp;published its financial results for the first three quarters of the fiscal year (from&nbsp;April&nbsp;to&nbsp;December 2025).&nbsp;Like each year,&nbsp;Japanese fans have gathered to marvel at the&nbsp;very&nbsp;unusual-looking&nbsp;breakdown of the company\u2019s income.&nbsp;<\/p>\n\n\n\n<p>A\u00a0viral\u00a0post by\u00a0<a href=\"https:\/\/x.com\/kanpo_blog\/status\/2015684122044465529?s=20\" target=\"_blank\" rel=\"noreferrer noopener\">Kanpo Blog<\/a>, an\u00a0X\u00a0account dedicated to\u00a0analyzing\u00a0publicly traded\u00a0businesses\u00a0in Japan, pointed out that during the past three fiscal quarters, Koei Tecmo\u2019s non-operating\u00a0profit\u00a0(meaning\u00a0profit\u00a0that\u00a0doesn\u2019t\u00a0come from\u00a0core activities such as video games) exceeded its operating profit.\u00a0With a joking disclaimer that\u00a0reminds\u00a0users that yes, Koei Tecmo is\u00a0indeed\u00a0a game\u00a0company,\u00a0the blog contrasts the company\u2019s 14.5 billion yen in operating profit against 16.528 billion in non-operating profit over the past nine months.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1344\" height=\"756\" sizes=\"auto, (max-width: 1344px) 100vw, 1344px\" src=\"https:\/\/automaton-media.com\/en\/wp-content\/uploads\/2025\/12\/20251212-54905-header.jpg\" alt=\"\" class=\"wp-image-54906\" srcset=\"https:\/\/automaton-media.com\/en\/wp-content\/uploads\/2025\/12\/20251212-54905-header.jpg 1344w, https:\/\/automaton-media.com\/en\/wp-content\/uploads\/2025\/12\/20251212-54905-header-380x214.jpg 380w, https:\/\/automaton-media.com\/en\/wp-content\/uploads\/2025\/12\/20251212-54905-header-768x432.jpg 768w\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/automaton-media.com\/en\/news\/koei-tecmo-profits-hit-all-time-high-thanks-to-strong-performance-of-game-and-investment-sectors\/\" target=\"_blank\" rel=\"noreferrer noopener\">This is not a first for\u00a0Koei Tecmo<\/a>, as\u00a0the company is\u00a0known to\u00a0function as an institutional investor, managing a large amount of capital through stocks and other financial assets\u00a0in parallel with its game business.\u00a0Chairwoman\u00a0Keiko\u00a0Erikawa, who is\u00a0famous for being a skilled investor\u00a0(and\u00a0<a href=\"https:\/\/automaton-media.com\/en\/news\/there-was-no-such-thing-as-a-game-industry-back-then-koeis-founder-on-how-his-solo-passion-project-sold-10000-copies-at-the-dawn-of-pc-gaming-in-japan\/\" target=\"_blank\" rel=\"noreferrer noopener\">financing the company\u2019s entry into the game industry<\/a>\u00a0in the first place),\u00a0personally\u00a0oversaw\u00a0the management of a whopping 120 billion\u00a0yen\u00a0(over $775 million)\u00a0in investment funds\u00a0<a href=\"https:\/\/www.nikkei.com\/article\/DGXZQOFZ09BG60Z00C21A2000000\/\" target=\"_blank\" rel=\"noreferrer noopener\">as of 2021<\/a>.\u00a0In February 2025, she became CEO of a new Koei Tecmo subsidiary dedicated\u00a0exclusively\u00a0to financial\u00a0functions, called Koei Tecmo Corporate Finance.\u00a0<\/p>\n\n\n\n<p>On a less serious note,\u00a0the news has once again prompted\u00a0numerous\u00a0comments from Japanese fans jokingly calling Koei Tecmo an \u201cinvestment company disguised as a game company\u201d\u00a0and thanking \u201cthe Empress\u201d Keiko\u00a0Erikawa\u00a0for the high budget and quality of recent game releases like Dynasty Warriors Origins.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1399\" height=\"787\" sizes=\"auto, (max-width: 1399px) 100vw, 1399px\" src=\"https:\/\/automaton-media.com\/en\/wp-content\/uploads\/2026\/01\/20260127-56216-001jpg.jpg\" alt=\"Pokemon Pokopia\" class=\"wp-image-56223\" srcset=\"https:\/\/automaton-media.com\/en\/wp-content\/uploads\/2026\/01\/20260127-56216-001jpg.jpg 1399w, https:\/\/automaton-media.com\/en\/wp-content\/uploads\/2026\/01\/20260127-56216-001jpg-380x214.jpg 380w, https:\/\/automaton-media.com\/en\/wp-content\/uploads\/2026\/01\/20260127-56216-001jpg-768x432.jpg 768w\" \/><\/figure>\n\n\n\n<p>Looking ahead, Koei Tecmo plans to release Pok\u00e9mon&nbsp;Pokopia, the Pok\u00e9mon series\u2019 first life simulator game, as well as Team Ninja\u2019s Nioh 3, scheduled to launch&nbsp;on February 26.&nbsp;<\/p>\n\n\n\n<p><strong>Related: <a href=\"https:\/\/automaton-media.com\/en\/news\/people-think-koei-tecmo-should-just-make-a-stock-investment-simulator-at-this-point-as-their-investments-once-again-outperform-their-games\/\">People think Koei Tecmo should just make a stock investment simulator at this point as their investments once again outperform their games (Plot twist: they already made one)\u00a0<\/a><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/automaton-media.com\/en\/news\/koei-tecmos-new-aaa-studio-is-a-way-for-it-to-try-new-things-without-disappointing-team-ninja-and-omega-force-fans\/\"><strong>Koei Tecmo\u2019s new AAA Studio is a way for it to try new things without disappointing Team Ninja and Omega Force fans<\/strong><\/a><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Koei Tecmo&#8217;s financial statements are once again drawing amused (and impressed) reactions from Japanese fans.<\/p>\n","protected":false},"author":55,"featured_media":56221,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[3],"tags":[261,17],"class_list":["post-56216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-financial-news","tag-japan-related-news"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u201cYes, this is a game company.\u201d Koei Tecmo\u2019s\u00a0investments outperformed core game business in the past three quarters\u00a0 - AUTOMATON WEST<\/title>\n<meta name=\"description\" content=\"Koei Tecmo&#039;s financial statements are once again drawing amused (and impressed) reactions from Japanese fans.\" 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