CAVE Interactive Inc. reported a robust financial performance for its first quarter ended August, with substantial growth across all key metrics. The Japanese gaming company saw its net profit soar 221.9% year-on-year to 370 million yen ($2.47 million), driven by the success of its core gaming segment.
The company’s flagship title, “Touhou Fantasy Eclipse,” surpassed 550,000 total downloads since its November 2023 release. Cave implemented new features, including a cooperative battle function, to enhance user engagement and satisfaction.
Cave’s consolidated subsidiary Deragame continued to be a significant contributor, with its popular games “Monster Strike” and “Kingdom Ran” performing steadily. The company also launched a new smartphone game, “Meteor Arena,” in collaboration with TV Asahi.
While Cave’s video streaming-related business faced increased competition, the company is focusing on building an efficient operating structure to maintain profitability. The YouTube business showed strong advertising revenue from its main content.
Despite the impressive Q1 results, Cave has not disclosed its full-year forecast for the fiscal year ending May 2025, citing difficulties in calculating a reliable earnings projection for the entire group.
