I would like to express my sincere gratitude to all of our shareholders and investors for their continued support of our company.
Our mission is "Making the world a better place through the power of the Internet.” As part of this mission, we are aggressively investing in Game and Anime, Metaverse, DX, and Investment Business segments. The business situation by segment for the fiscal year ending June 30, 2024 is as follows.
Game and Anime Business
We worked on stabilizing earnings through a long-term operating structure for existing smartphone games and improving profitability through overseas development. We have been developing new titles; however, the current fiscal year was soft with no new titles released.
Metaverse Business
In the platform business, the expansion of content and features for REALITY, the metaverse for smartphones, and global expansion continued. In addition, as a result of efforts to improve the profit structure by streamlining costs, the platform business became black for the full year, while continuing to invest aggressively in the VTuber business, the Metaverse Business as a whole remained strong.
DX Business
Despite the impact of a large project that was concluded in the previous fiscal year, the number of DX support projects, mainly in the marketing DX business, steadily increased and remained strong.
Investment Business
Despite our efforts to invest in VC funds that invest primarily in the Internet and IT sectors and in startups, the business remained weak due to a decline in income from the sale of shares in funds in which our Group invested.
As a result, consolidated net sales for the fiscal year ending June 30, 2024 were 61,309 million yen (down 18.7% YoY), and operating income was 5,981 million yen (down 52.1% YoY).
Moving forward, we will continue to expand our content and services, as well as expand the use of our services by users in Japan and overseas, and work to improve the stable profitability of our business portfolio over the medium term.
We would like to ask for your continued support and encouragement in the future.
Yoshikazu Tanaka
Founder, Chairman and CEO