Ateam Holdings Co. reported ordinary profit surged 160% to ¥1.585 billion ($10.7 million) for the year ended July 2025, driven primarily by cryptocurrency valuation gains that masked underlying operational challenges across its core businesses.
The Nagoya-based company’s revenue remained essentially flat at ¥23.917 billion ($161.6 million), declining 0.0% from the previous year despite contributions from newly acquired companies through mergers and acquisitions. Operating profit increased 50.3% to ¥845 million ($5.7 million), while net income rose a modest 8.7% to ¥1.036 billion ($7.0 million).
The dramatic jump in ordinary profit stems from non-operating income related to cryptocurrency asset revaluations, highlighting the company’s exposure to volatile digital markets. Without these gains, A-Team’s core business performance would have appeared significantly weaker.
The entertainment division, which develops mobile games, continued its revenue decline with sales falling 4.6% to ¥4.199 billion ($28.4 million). However, the segment achieved a remarkable turnaround from a ¥38 million loss to ¥518 million profit ($3.5 million) through cost-cutting measures and increased collaboration projects with external partners.
Ateam’s media and solutions segment, its largest division, posted revenue growth of 1.8% to ¥17.469 billion ($118.0 million), though segment profits declined 5.2% to ¥1.327 billion ($9.0 million) due to reduced financial media revenue and cryptocurrency-related promotional costs.
For fiscal 2026, the company projects revenue growth of 2.4% to ¥24.5 billion but expects ordinary and net profits to decline sharply as cryptocurrency gains likely won’t repeat.