Nippon Ichi Software reported a challenging first quarter for the fiscal year ending March 2025, with revenues declining and a net loss recorded due to preparations for upcoming title releases. The company announced consolidated sales revenue of 1.011 billion yen (approximately US$7.0 million), representing a 22.8% decrease compared to the same period last year.
The company’s entertainment business, its primary revenue driver, saw sales of 987 million yen, down 23.5% year-on-year. Operating profit in this segment was 113 million yen, compared to 50 million yen in the previous year. The decline in revenue is attributed to the ongoing development of key titles such as “Disgaea 7: Alliance of Vengeance” and “Marl Kingdom’s Doll Princess 25th ANNIVERSARY COLLECTION,” both slated for release in the second quarter in Japan.
Nippon Ichi also continued its efforts to expand globally by selling game software and downloadable content through platforms like the PlayStation Network, Nintendo eShop, and Steam, as well as localizing Japanese titles for markets in North America, Europe, and Asia. The company remains active in licensing related products and operating the “Prinny Club” card game shop.
In the student dormitories and other businesses segment, sales increased by 29.8% to 24 million yen, with an operating loss remaining steady at 9 million yen. Nippon Ichi operates three university dormitories in Gifu Prefecture to support students.
The company has yet to provide a full-year earnings forecast for the fiscal year ending March 2025, citing uncertainties related to investments in new structural developments. Nippon Ichi plans to disclose forecasts as soon as more precise calculations become feasible.
