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Koei Tecmo Announces Record Financial Results; Fatal Frame Shipped 340,000 Units

Today Koei Tecmo announced its financial results for the first nine months of the fiscal year that will end on March 31, 2022.
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Today Koei Tecmo announced its financial results for the first nine months of the fiscal year that will end on March 31, 2022.

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The company announced that it achieved record results for both sales and profits with strong performances of both console and mobile games.

As a result, the profit target of the company’s medium-term management plan (which was expected to take three years) was reached in one year. The full-fiscal year earning forecast has been revised upward, and the medium-term management plan will be revised in April.

For the whole company, net sales were 55,327 million yen, up 25.9% year-on-year. Operating income was 27,127 million yen, up 40.1% year-on-year.

The Entertainment business, which includes both console and mobile games, achieved 52,357 million yen in sales and 26,583 million yen in operating income. Compared to respectively 41,465 million and 19,103 million in the previous year. Sales of console games and mobile games pretty much split that pie in half.

We also learn that Fatal Frame: Maiden of Black Water achieved 340,000 units shipped worldwide by December 31, while Blue Reflection: Second Light is at 120,000. Dynasty Warriors 9 Empires shipped 150,000 units, but only sales in Japan and Asia are counted.

If you’d like to compare, you can check out Koei Tecmo’s results in the previous quarter in our dedicated article from October.

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Giuseppe Nelva
Proud weeb hailing from sunny (not as much as people think) Italy and long-standing gamer since the age of Mattel Intellivision and Sinclair ZX Spectrum. Definitely a multi-platform gamer, he still holds the old dear PC nearest to his heart, while not disregarding any console on the market. RPGs (of any nationality), MMORPGs, and visual novels are his daily bread, but he enjoys almost every other genre, prominently racing simulators, action and sandbox games. He is also one of the few surviving fans on Earth of the flight simulator genre.