Events or circumstances that raise substantial doubt about the going-concern assumption
株式会社オルトプラス and the Group
Game business, service development business, and technology and human resources support business. The product whose operation has ended is 『Princess & Knight』.
The Company recorded operating losses, ordinary losses and net losses attributable to owners of the parent for 12 consecutive fiscal years through the previous consolidated fiscal year, and also recorded a loss during the current interim consolidated accounting period. In addition, the scale of commissioned projects decreased, major business partners reviewed their development projects and discontinued operations, and actual sales of operated titles fell below the initial plan.
Net loss attributable to owners of the parent of ¥355,817 thousand. The Company recorded a valuation loss on minimum guarantee fees of ¥63,896 thousand (extraordinary loss) and a valuation loss on investment securities of ¥2,917 thousand (extraordinary loss).
Interim period of the fiscal year ending September 2026 (1 October 2025 to 31 March 2026)
Disclosure of the consolidated earnings forecast for the fiscal year ending September 2026 has been withheld because it is difficult to reasonably calculate reliable forecast figures. The forecast will be disclosed promptly once it becomes possible to calculate it.
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
Common shares of 株式会社オカザキホールディングス: 0 shares, 0 voting rights, and a voting rights ratio of 0.0% (before acquisition; record date not stated)
After acquiring 400 shares through the transfer of shares: 400 voting rights, voting rights ratio of 13.33% (share acquisition date: 21 November 2025). After acquiring 800 shares through the First Third-Party Allocation of Shares: 800 voting rights, voting rights ratio of 21.05% (share acquisition date: 27 April 2026). Including the planned acquisition of 800 shares through the Second Third-Party Allocation of Shares: after acquisition, 2,000 shares, 2,000 voting rights, and a voting rights ratio of 43.48% (scheduled acquisition date: August 2026)
Company response
Operations of 『Princess & Knight』 have ended.
① Development of new titles and expansion of the IP portfolio, ② diversification of revenue, ③ strengthening of the marketing structure and creation of synergies, ④ strengthening of the technology and human resources support business, ⑤ reduction of expenses; 2. Stabilization of the financial base: ① raising funds through the issuance of stock acquisition rights, ② acquisition and operation of crypto assets
The Company will work to improve its revenue structure and stabilize its financial base. It will develop and operate new titles, diversify revenue, strengthen its marketing structure, strengthen the technology and human resources support business, reduce expenses, raise funds through stock acquisition rights, and acquire and operate crypto assets.
The Company will disclose the earnings forecast promptly once it becomes possible to calculate it, taking into account future progress and other factors.
| Item | Details |
|---|---|
| Event name | Events or circumstances that raise substantial doubt about the going-concern assumption |
| Date of occurrence | 31 March 2026 (end of the interim consolidated accounting period) |
| Subject Entity | 株式会社オルトプラス and the Group |
| Target Locations / Products | Game business, service development business, and technology and human resources support business. The product whose operation has ended is 『Princess & Knight』. |
| Cause | The Company recorded operating losses, ordinary losses and net losses attributable to owners of the parent for 12 consecutive fiscal years through the previous consolidated fiscal year, and also recorded a loss during the current interim consolidated accounting period. In addition, the scale of commissioned projects decreased, major business partners reviewed their development projects and discontinued operations, and actual sales of operated titles fell below the initial plan. |
| Amount of Impact on Business Performance | Net loss attributable to owners of the parent of ¥355,817 thousand. The Company recorded a valuation loss on minimum guarantee fees of ¥63,896 thousand (extraordinary loss) and a valuation loss on investment securities of ¥2,917 thousand (extraordinary loss). |
| Accounting period in which recognized | Interim period of the fiscal year ending September 2026 (1 October 2025 to 31 March 2026) |
| Impact on Earnings Forecast | Disclosure of the consolidated earnings forecast for the fiscal year ending September 2026 has been withheld because it is difficult to reasonably calculate reliable forecast figures. The forecast will be disclosed promptly once it becomes possible to calculate it. |
| Suspended operations | Operations of 『Princess & Knight』 have ended. |
| Measures to prevent recurrence | ① Development of new titles and expansion of the IP portfolio, ② diversification of revenue, ③ strengthening of the marketing structure and creation of synergies, ④ strengthening of the technology and human resources support business, ⑤ reduction of expenses; 2. Stabilization of the financial base: ① raising funds through the issuance of stock acquisition rights, ② acquisition and operation of crypto assets |
| Voting rights ownership percentage before the change | Common shares of 株式会社オカザキホールディングス: 0 shares, 0 voting rights, and a voting rights ratio of 0.0% (before acquisition; record date not stated) |
| Voting rights ownership percentage after the change | After acquiring 400 shares through the transfer of shares: 400 voting rights, voting rights ratio of 13.33% (share acquisition date: 21 November 2025). After acquiring 800 shares through the First Third-Party Allocation of Shares: 800 voting rights, voting rights ratio of 21.05% (share acquisition date: 27 April 2026). Including the planned acquisition of 800 shares through the Second Third-Party Allocation of Shares: after acquisition, 2,000 shares, 2,000 voting rights, and a voting rights ratio of 43.48% (scheduled acquisition date: August 2026) |
| Outlook | The Company will work to improve its revenue structure and stabilize its financial base. It will develop and operate new titles, diversify revenue, strengthen its marketing structure, strengthen the technology and human resources support business, reduce expenses, raise funds through stock acquisition rights, and acquire and operate crypto assets. |
| Planned follow-up disclosure | The Company will disclose the earnings forecast promptly once it becomes possible to calculate it, taking into account future progress and other factors. |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Although revenue from the game business increased, revenue from the service development business declined as the scale of commissioned projects decreased. Revenue from the technology and human resources support business also declined because major business partners reviewed their development projects and discontinued operations. In addition, actual sales of 『Forget Me Not』 fell below the initial plan, and, based on estimates of future plans, the Company recorded a valuation loss on minimum guarantee fees of ¥63,896 thousand. Disclosure of the full-year earnings forecast has been withheld because results may fluctuate significantly depending on project acquisition, development progress, sales of operated titles and market conditions, making it difficult to reasonably calculate reliable forecast figures.