Higher Revenue and Lower Profit in FY2021
First written in FY2021. . Latest entry: FY2022.
The whole theme swung hardest in 2020: 11 of 51 companies on the "Worse" side.
23 other companies' latest entry also says "Other".
- FY2022Revenue declined and profit increased in the fiscal year ended August 2022Annual report
「For the current consolidated fiscal year, revenue from game software development in the digital entertainment business increased from the previous consolidated fiscal year, but revenue from mobile content operations declined. As a result, revenue amounted to ¥5,662 million, down 5.0% from the previous consolidated fiscal year. In terms of profit, large-scale revision work was required for a smartphone game in the previous consolidated fiscal year, but the scope of that work decreased in the current consolidated fiscal year.」
In the fiscal year ended August 2022, revenue decreased 5.0% year on year, while operating profit amounted to ¥469 million, ordinary profit to ¥505 million, and profit attributable to owners of the parent to ¥310 million, supported by lower large-scale revision costs, lower special allowances, and improved development efficiency. - FY2021First statedAnnual report
「As a result, revenue amounted to ¥5,960 million, up 5.8% from the previous consolidated fiscal year. In terms of profit, work performed through the middle of development on a smartphone game had to be revised, resulting in costs for addressing the issue, and completion of the project was pushed into the following fiscal year. In addition, efforts to prevent the prolonged spread of COVID-19 resulted in higher-than-expected costs. As a result, operating profit amounted to ¥266 million, down 27.1% from the previous consolidated fiscal year, ordinary profit amounted to ¥284 million, down 26.5%, and profit attributable to owners of the parent amounted to ¥148 million, down 34.8%.」
In the fiscal year ended August 2021, revenue increased 5.8%, while operating profit decreased 27.1%, ordinary profit decreased 26.5%, and profit attributable to owners of the parent decreased 34.8%.