Management Principles
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President & CEO Yoichi Erikawa

I would like to thank all of our shareholders for their continued support.

During the second year of our Third Medium-Term Management Plan, which marks KOEI TECMO's fifteenth fiscal year, our management policy was the "creation and expansion of global IPs," which we initiated various policies in order to realize. We released video game titles and began distributing smartphone games during this fiscal year, as was a priority goal in our Medium-Term Management Plan. The video game "Rise of the Ronin" released in March of this year and received high praise from players. We began distributing the smartphone games "NOBUNAGA'S AMBITION: Shutsujin" and "Atelier Resleriana: Forgotten Alchemy and the Polar Night Liberator," which contributed to the steady revenue generated by existing titles, resulting in the highest sales since our business integration. Also, as we effectively managed funds while keeping a close eye on the financial market, non-operating income and expenses reached a new record high. As a result, during this financial year our Group reached sales of 84.584 billion yen (an increase of 7.9% YOY), operating income of 28.494 billion yen (a decrease of 27.2% YOY), ordinary income of 45.741 billion yen (an increase of 14.6% YOY), and net income returned to parent company shareholders as dividends amounting to 33.792 billion yen (an increase of 9.2% YOY). Our priority goals for March of 2025, which marks the end of our Third Medium-Term Management Plan, are the release of new titles, repeat sales of existing titles, and increased profitability for our currently operating titles. Also, in order to continually increase our value as a business and work towards a sustainable society, we will strengthen our sustainability efforts. We will continue to hold "creation and expansion of global IPs" as our Group's management policy, and will create a multi-layered earnings structure through new global IP creation, series expansion, collaborations, and IP licensing, which will lead to further growth.

We ask for the continued support and cooperation of all our shareholders.

June, 2024

President & CEO
Yoichi Erikawa
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