Imagineer Inc. announced its consolidated financial results for Q1 of fiscal year ending March 2025, reporting sales of ¥1.391 billion (US$9.8 million), a slight increase of 0.4% year-over-year. The company’s operating profit surged by 73.8% to ¥82 million (US$576,000), while ordinary profit climbed 89.3% to ¥300 million (US$2.1 million). Net profit also saw a significant rise, reaching ¥196 million (US$1.4 million), up 83.3%.
The company attributes these gains to its strategic investments in research and development aimed at expanding its “content business,” particularly in packaged and smartphone games. This quarter saw the release of “Fit Boxing Presents HOP! STEP! DANCE!” for the Nintendo Switch in Asia and additional content for “Fit Boxing feat. Hatsune Miku – Exercise with Miku-“. These releases contributed to the increased sales and profitability.
Operating profit benefited from a ¥72 million gain on the sale of investment securities, a notable improvement from the previous year when the company faced valuation losses on these investments.
Looking ahead, Imagineer projects sales of ¥6.2 billion (US$44 million) for the fiscal year ending March 2025, a 4.0% increase from the previous year. Operating profit is expected to reach ¥450 million (US$3.2 million), up 30.1%, with ordinary profit forecasted at ¥670 million (US$4.8 million), a 2.0% increase. Net profit is anticipated to rise 10.5% to ¥460 million (US$3.3 million), resulting in an EPS of 47.82 yen.
The company has achieved 22.4% of its sales target, 18.2% of its operating profit target, 44.8% of its ordinary profit target, and 42.6% of its net profit target, indicating a solid start towards its fiscal year objectives.
