Mynet Inc. revised its fiscal 2025 earnings forecast on Thursday, projecting higher profits even as revenue expectations slipped due to delayed contracts.
The Tokyo-listed company now anticipates net income of ¥220 million ($1.4 million), up 32.5% from its prior November guidance, while revenue is set to fall 11.8% short at ¥7.5 billion ($47.8 million). Operating profit should reach ¥375 million ($2.4 million), a 20.2% improvement over previous estimates.
Mynet, which specializes in acquiring and reviving mature mobile game titles from other developers, said its secondary games segment delivered stronger-than-expected returns. Tighter cost management across its portfolio also contributed to the margin improvement.
The revenue shortfall stems from fourth-quarter deals—excluding a new sports product—that have been pushed back to fiscal 2026. The company characterized these as timing shifts rather than lost business, noting they should provide upward pressure on next year’s results.
Still, questions remain about whether Mynet can sustain momentum in Japan’s competitive mobile gaming market, where user acquisition costs continue to rise and player engagement with older titles tends to wane.
The company plans to issue fiscal 2026 guidance during its full-year earnings announcement in February.
