KADOKAWA CORPORATION
Summary of Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2023[JGAAP](Consolidated)
According to the article
For the third quarter of the consolidated cumulative interval, gross sales have been 189,727 million yen (up 20.4% year-on-year), working earnings was 19,429 million yen (up 51.7% year-on-year), and unusual earnings was 21,588 million yen. million yen (up 52.4% year-on-year), and revenue attributable to house owners of father or mother of 12,159 million yen (up 27.1% year-on-year).
Results for every phase through the present third quarter consolidated cumulative interval are as follows. Since we count on the significance of our enterprise as a progress/precedence space to extend additional sooner or later, from the primary quarter consolidated accounting interval, we are going to report “Education,” which was beforehand included in “Others,” as a reportable phase. has been modified to
[Publishing business]
The publishing enterprise sells books, magazines, e-books and e-magazines, sells journal commercials and internet commercials, and licenses rights. In this enterprise, we repeatedly publish about 5,000 new titles yearly as an vital supply of media combine growth, and the ample archive of works that now we have accrued is the driving pressure for the expansion of our group.
In e-books and e-magazines, along with the continued progress of the general market, gross sales to different corporations’ shops and in-house retailer gross sales have been robust, centering on comics and media combine works in numerous world genres, that are our strengths. and gross sales elevated.
In books and magazines, excessive progress continued within the abroad enterprise centered on YEN PRESS, LLC, a strategic subsidiary in North America. In Japan, though we achieved a rise within the variety of new titles and continued enchancment within the return price, gross sales decreased as a result of affect of the contraction of the general market. In the brand new e book, “I want to be a powerful person in the shadows! (8) ”, “Dungeon Meal (12) ” (comedian), and “Bread Thief: His Rice Ball Boy and Tabidachi” (kids’s e book) bought properly. Licensing earnings elevated.
In phrases of bills, funding in human sources and contents with an eye fixed on medium- to long-term progress, and materials prices and logistics prices for paper books elevated as a consequence of inflation.
As a end result, internet gross sales on this enterprise have been 103,534 million yen (up 6.0% year-on-year), and phase revenue (working earnings) was 9,891 million yen (down 24.7% year-on-year).
In order to additional scale back returned items, scale back manufacturing prices, and enhance revenue margins, we are going to begin operation of a e book manufacturing line in Tokorozawa City, Saitama Prefecture from April 2021, and can print paperbacks, mild novels, new books, comics, and many others.・Manufacturing is finished in a well timed method. Currently, along with selling the growth of the manufacturing line, we’re additionally making ready for the longer term operation of logistics amenities.[Video Business]
In the video enterprise, we plan, produce, and distribute live-action movies and animations, license rights reminiscent of video distribution rights, and promote packaged software program.
In anime, along with a rise within the variety of new works, media combine works reminiscent of “Overlord IV” and “Ya no Yuryuusha ni Natta! ]and different home distribution gross sales and abroad gross sales elevated, and continued to develop strongly. In the live-action movie enterprise, amid the reactionary decline from the earlier fiscal yr within the studio enterprise, gross sales elevated as a result of contribution of recent theatrical releases, however there was a short lived write-down of some works within the second quarter.
As a end result, internet gross sales on this enterprise have been 31,092 million yen (up 25.7% year-on-year), and phase revenue (working earnings) was 1,111 million yen (down 20.5% year-on-year).[Game business]
In the sport enterprise, we plan, develop, promote, and license rights for recreation software program and community video games.
“ELDEN RING,” a record-breaking hit recreation, contributed considerably to the rise in gross sales and income. In addition, the identical work gained “Game of the Year” on the abroad recreation award “The Game Awards 2022”. Joint and commissioned growth tasks and new titles by Spike Chunsoft Co., Ltd. additionally contributed to the rise in gross sales.
As a end result, internet gross sales on this enterprise have been 23,416 million yen (up 206.4% year-on-year), and phase revenue (working earnings) was 9,071 million yen (up 2,133.0% year-on-year).[Web service business]
In the online service enterprise, we function video neighborhood providers, plan and function numerous occasions, and distribute cell content material.
In the video neighborhood service, the variety of month-to-month paid members (premium members) of the video distribution service “niconico” reached 1.34 million on the finish of December, a lower from the tip of December final yr. Sales elevated as a consequence of progress in In the planning and operation of varied occasions, we additionally held “Nico Nico Super Conference 2022” at actual venues, with the goal of additional growing creator submissions and person viewing sooner or later. Despite the COVID-19 pandemic, 96,000 individuals attended the occasion, which contributed to a rise in ticket and merchandise gross sales.
As a end result, internet gross sales on this enterprise have been 17,375 million yen (up 6.4% year-on-year), and phase revenue (working earnings) was 1,820 million yen (down 9.6% year-on-year).[Education business]
In the training enterprise, we function vocational colleges and supply instructional content material and programs for on-line training.
Vantan Co., Ltd., which operates a faculty for creating human sources within the artistic discipline, contributed to larger gross sales and income as a result of institution of recent programs within the earlier fiscal yr, the growth of areas the place it’s obtainable, and the continued enhance within the variety of college students on the Vantan Game Academy, which has produced many recreation creators. Did. In addition, the variety of college students at N High School and S High School, that are correspondence excessive colleges through the Internet, is steadily growing as a result of opening of recent campuses for commuting programs, and many others. Dwango Co., Ltd., which supplies instructional content material programs to those colleges. continued to carry out properly as a result of contribution of
As a end result, internet gross sales on this enterprise have been 9,282 million yen (up 12.1% year-on-year), and phase revenue (working earnings) was 1,672 million yen (up 25.6% year-on-year).[Other business]
Other companies embrace the operation of IP expertise amenities, and the merchandising enterprise that plans and sells character items.
In the operation of IP expertise amenities, in an unstable enterprise setting, gross sales elevated as a consequence of a rise within the variety of individuals passing by means of the money register and the variety of purchases per customer as a result of favorable reception of occasions throughout amenities in Tokorozawa Sakura Town. have turn out to be. Sales additionally elevated within the MD enterprise.
As a end result, gross sales on this enterprise have been 12,661 million yen (up 47.6% yr on yr), and phase loss (working loss) was 2,795 million yen (working lack of 3,424 million yen in the identical interval final yr). I used to be.
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