KLab Inc. narrowed its operating loss in the nine months through September as cost reductions offset declining sales from its main mobile games. The Tokyo-based developer posted an operating loss of ¥860 million ($5.6 million) compared with ¥1.11 billion a year earlier, according to a Monday statement.
Revenue dropped 19% to ¥4.93 billion ($32 million) as Captain Tsubasa: Dream Team, the company’s flagship title, saw deteriorating key performance indicators and weaker in-game purchases. The soccer simulation game marked its seventh anniversary this year but continues to face retention challenges.
BLEACH Brave Souls managed to maintain year-earlier revenue levels through sustained anniversary campaigns after launching a decade ago. The anime-based action game benefited from ongoing promotional events tied to the series’ “10th Anniversary Year.”
The company’s net loss widened to ¥3.97 billion ($25.8 million) from ¥1.76 billion, reflecting voluntary retirement payments and asset impairment charges related to EA SPORTS FC TACTICAL. KLab implemented workforce reductions and hiring controls to compress expenses.
The company maintained its decision not to provide full-year guidance, citing difficulty in formulating reliable projections. Its shares have declined 24% over the past year.
