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Bank of Innovation (4393) · TargetAdvanced

Return to profitability in the fiscal year ending September 2022 and recording operating profit in the fiscal year ending September 2023

First written in FY2021. 4 of 5 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023.

5entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021AdvancedFY2023-Q1 – FY20232021: 12022: 020222023: 42023
Same theme, other companies
Mandatory Target for Achieving Profitability in a Single Fiscal YearA theme 16 companies write about · 2 as a headwind · 14 as a tailwind

The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.

1 other company's latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 16 companies compared. The sentences above are computed from all 16.
Full recordFilings, disclosures and news, newest first
  1. FY2023AdvancedAnnual report

    「Under these business conditions, our group worked on planning and developing multiple new apps that are key to medium- to long-term growth and operating existing apps. As “MementoMori,” released in October 2022, performed well throughout the year, group-wide revenue and operating profit increased year on year.」

    The Company recorded operating profit of ¥4,900 million in the fiscal year ending September 2023, confirming full-year performance against the target of recording operating profit in that fiscal year. This is distinct from completion of the overall target, which included a return to profitability in the fiscal year ending September 2022.
  2. FY2023-Q3AdvancedAnnual report

    「Against this business backdrop, the Group continued planning and developing multiple new apps that will be key to medium- to long-term growth, as well as operating existing apps. As the half-anniversary of 「メメントモリ」and the 2nd Anniversary campaign for 「恋庭」performed well, Group-wide net sales and profit increased substantially year on year.」

    The Company recorded operating profit of ¥4,770 million for the cumulative first 3 quarters of FY2023, continuing its progress toward the target of recording operating profit in the fiscal year ending September 2023. This is distinct from achieving the full-year target.
  3. FY2023-Q2AdvancedAnnual report

    「Under these business conditions, our group worked on planning and developing multiple new apps that are key to medium- to long-term growth and operating existing apps. Driven by the significant contribution from “MementoMori,” group-wide revenue and profit increased substantially year on year.」

    During the cumulative second quarter of the fiscal year ending September 2023, the Company recorded operating profit of ¥4,392 million, driven by the significant contribution from “MementoMori.” This represents progress toward the target of recording operating profit in the fiscal year ending September 2023 and is distinct from achieving the full-year target.
  4. FY2023-Q1AdvancedAnnual report

    「Against this business backdrop, the Group continued planning and developing multiple new apps that will be key to medium- to long-term growth, as well as operating existing apps. However, as the new large-scale RPG 「メメントモリ」, distributed since 18 October 2022, performed well, Group-wide net sales and profit increased substantially year on year.」

    In relation to the targets of returning to profitability in the fiscal year ending September 2022 and recording operating profit in the fiscal year ending September 2023, the Company recorded operating profit of ¥2,833 million in the first quarter of the fiscal year ending September 2023, driven by the strong performance of “MementoMori.” This is distinct from achieving the full-year target.
  5. FY2021First statedAnnual report

    「① In the fiscal year ending September 2022, launch of a new game app will lead to a return to profitability in the second half and consolidated operating profit for the full year. ② In the fiscal year ending September 2023, earnings will remain solid and consolidated operating profit will continue to be recorded.」

    In estimating the recoverability of deferred tax assets, the Company presented as assumptions a return to profitability in the second half of the fiscal year ending September 2022 and full-year operating profit following the launch of the new game app, as well as operating profit in the fiscal year ending September 2023.
Moved together

"Expansion of Existing Titles and Development of New Titles" moved the same way as this thread, in the same document, in 4 of its 5 moves.

444432★123456
  1. ★This thread
  2. 1Expansion of Existing Titles and Development of New Titles4×
  3. 2Results for the Cumulative Third Quarter of the 13th Fiscal Period4×
  4. 3Reliance on Borrowing and Rising Funding Costs4×
  5. 4Disaggregation of sales revenue by source, primarily user billing revenue4×
  6. 5Research and development activities and R&D expenses3×
  7. 6Development of New Services Outside Smartphone Games2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Bank of Innovation yet.
News
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Return to profitability in the fiscal year ending September 2022 and recording operating profit in the fiscal year ending September 2023 | Bank of Innovation,Inc. (4393) | Komori