Japanese gaming company Mynet has raised its profit forecast for the fiscal year ending December 2024, driven by strong performance in its secondary gaming business and steady growth in B2B solutions. The Tokyo-based firm now expects operating profit to reach 360 million yen ($2.4 million), up 12.5% from its previous estimate.
Mynet maintained its sales projection at 9.6 billion yen ($64 million) but increased its ordinary profit forecast by 13.6% to 335 million yen ($2.2 million). The company also modestly raised its net profit outlook by 3.6% to 290 million yen ($1.9 million).
The revised forecast reflects the continued success of both existing and new titles in Mynet’s core gaming segment since the first half of the year. Additionally, the company’s expansion into cross-industry B2B solutions has shown promising results.
While acknowledging ongoing economic uncertainties, Mynet plans to adjust investments in new business areas flexibly. The improved outlook incorporates the overachievement observed in the third quarter, signaling cautious optimism for the remainder of the fiscal year.
