Pole To Win Holdings reported a 10.8% revenue increase to ¥37.26 billion ($253 million) for the nine months through October, driven by its overseas solutions segment, while profits declined due to restructuring costs and additional game development expenses.
The Tokyo-based gaming services provider saw its operating profit drop 9.8% to ¥634 million as it booked ¥431 million in overseas restructuring costs. The company also incurred ¥229 million in additional expenses for joint game development projects, leading to a net loss of ¥226 million.
The overseas solutions segment posted the strongest growth with revenue climbing 19.3% to ¥13.99 billion, benefiting from recovery in the global gaming industry and increased demand for voice recording and customer support services. The acquisition of Ghostpunch Games and favorable exchange rates also contributed to the segment’s performance.
Domestic solutions revenue rose 6.6% to ¥18.45 billion, powered by larger software testing and system development projects. The media and content division saw a 5.2% increase to ¥4.81 billion, despite withdrawing from unprofitable operations.
The company maintained its full-year forecast, projecting revenue of ¥51.07 billion and operating profit of ¥1.80 billion.
