Japanese video game developer YUKE’s has revised its earnings forecast for the fiscal year ending January 2025, citing contract modifications in its gaming software division and delays in pachinko and pachislot projects.
The company now expects sales to reach ¥3.26 billion ($22.5 million), down 4% from its previous projection of ¥3.39 billion. Operating profit is also expected to decline 21.1% to ¥87 million ($600,000).
Despite these operational headwinds, YUKE’s anticipates its net income will nearly triple to ¥198 million ($1.37 million), a 190.2% increase from earlier estimates. The sharp profit improvement stems from several non-operating factors, including foreign exchange gains of ¥18 million and insurance returns of ¥54 million.
The company also recorded significant one-time gains, including ¥95 million from the sale of investment securities and ¥37 million from the reversal of stock acquisition rights.
YUKE’s confirmed it will maintain its previously announced year-end dividend of ¥10 per share, unchanged from its September 6, 2024 forecast.
