On November 7, 2019, Falcom posted their balance sheet reporting on the end of year results for their most recent fiscal year. For those who are unaware, Falcom’s fiscal year runs slight off of the norm, starting from October 1st and ending on September 30th. (The norm in Japan is April ~ March.)
This is all leading up to the shareholder meeting, which is taking place on December 18th, 2019 at the Palace Hotel Tachikawa at 1:30 pm Japan standard time. (11:30 pm eastern standard time on December 17th for people in the United States.)
Per Falcom’s supplemental document, the primary game titles that impacted the 2018-2019 fiscal year are:
- The Legend of Heroes: Sen no Kiseki IV -The End of Saga- (JP) (PS4)
- Ys VIII -Lacrimosa of Dana- (International) (Switch)
- Ys VIII -Lacrimosa of Dana- Christmas Gift Package (JP) (PS4)
- The Legend of Heroes: Sen no Kiseki Entry Pack (Sen 1 + 2 Set) (CN / KR) (PS4)
- The Legend of Heroes: Trails of Cold Steel -Thors Academy 1204- (EN) (PS4)
- The Legend of Heroes: Trails of Cold Steel II -The Erebonian Civil War- (EN) (PS4)
- The Legend of Heroes: Sen no Kiseki III (CN) (PS4)
- The Legend of Heroes: Sen no Kiseki III (KR) (PS4)
- The Legend of Heroes: Sen no Kiseki IV (CN) (PS4)
- The Legend of Heroes: Sen no Kiseki IV (KR) (PS4)
- Ys: Memories of Celceta Kai (JP) (PS4)
- Ys VIII -Lacrimosa of Dana- Super Price (JP) (PS4)
- Ys IX -Monstrum Nox- (JP) (PS4)
Editors Note on all JPY > USD Conversions: All amounts are an approximation, and as of 12/26/2019, utilizing google’s currency conversion. This data is provided by Morningstar for Currency. Additional rounding may have been performed for concise numbers. The financial tables will not see number conversions- all conversions are in the summary information.
The numbers are listed in the table below:
In one million yen increments.
| Total Sales | Operating Profit | Operating Income | EOY Net Income | |||||
|---|---|---|---|---|---|---|---|---|
| FY 2019 | 2,454 | 4.1% | 1,470 | 13.9% | 1,472 | 13.7% | 1,006 | 20.2% |
| FY 2018 | 2,357 | 14.7% | 1,290 | 33.0% | 1,294 | 33.7% | 836 | 30.2% |
Date: 11/7/2019
Listed Company Name: Nihon Falcom
Company Code Number: 3723
URL: http://www.falcom.co.jp
TEL: 042-527-0555
Delegate: Board Selected President Toshihiro Kondo
Contact Representative: Board Member Takashi Nakano
Scheduled Shareholder Meeting Date: 12/18/2019
Scheduled Dividend Payout Date: 12/19/2019
Scheduled Securities and Bonds Reporting Date: 12/19/2019
Do Supplemental Documents Exist? No
Is A Meeting to Explain Documents Planned? No
Table of Contents
- Analysis of Operational Results
- Fundamentals on the Selection of Accounting Standards
- Financial Statements and Important Annotations
Analysis of Operational Results
( 1 ) Analysis of This Term’s Operational Results
During this fiscal year, the Sony PlayStation 4 console has become the fastest console to reach 100 million units sold worldwide and the Nintendo Switch broke through 15 million units sold in North America alone. Even while these numbers are continuously growing, trends on the next generation of consoles, including the PlayStation 5 and Google Stadia are being observed. As competition in the video game industry is fierce, excellent contents are being developed at a steady pace.
Regarding this company, we will continue to push forward with development of game software that will be enjoyed by many users.
As a result, for the PlayStation 4, we have re-released Ys: Memories of Celceta and launched Ys IX -Monstrum Nox-.
As the market remains strong for smartphone and browser games, we will continue to provide downloadable content utilizing our IPs. As long with this, we will be collaborating with various comics and other media. Additionally, we will continue to push forward with the planning of special live events, such as live musical performances, the Kiseki Series 15th Anniversary event that we held earlier this year.
As a result, total sales came out to 2,454 million yen ($22,399,710) (an increase of 4.1% from the previous term), the operating profit was 1,470 million yen ($13,417,920) (an increase of 13.9%), operating income was 1,472 million yen ($13,436,170) (an increase of 13.7%), and the net income was 1,006 million yen ($9,182,600) (an increase of 20.2%).
The divisional outlooks are below.
Manufactured Products Division
This fiscal year saw the releases of Ys VIII -Lacrimosa of Dana- Christmas Gift Package in December 2018, Ys Memories of Celceta Kai in May 2019, and Ys VIII -Lacrimosa of Dana- Super Price in June 2019 – all of which were for PlayStation 4.
September 2019 saw the release of Ys IX -Monstrum Nox-, the new title in the beloved landmark Ys series that has been having titles published since 1987.
As a result, for this fiscal year, the total sales for the manufactured products division was 811 million yen. ($7,402,670) (A reduction of 27.8% from the previous year.)
Licensing Division
The licensing division of this company has assisted in granting consent for licenses to help expand the IP contents and characters developed within the company. One such example was the releases of Sen no Kiseki for the PlayStation 4 in traditional Chinese and Korean in November 2018 This was followed up in January 2019 with a traditional Chinese and Korean release of Sen no Kiseki II for PlayStation 4, as well as a ‘Sen no Kiseki Entry Pack,’ which contained both games.
In March 2019, not only was Sen no Kiseki IV -The End of Saga- was released in both traditional Chinese and Korean, but Sen no Kiseki Kai (Trails of Cold Steel) was also released in English. In June 2019, Sen no Kiseki II (Trails of Cold Steel II) also saw an English language release.
In July 2019, the smartphone story RPG Hoshi no Kiseki was released in China, and in September 2019, the MMORPG version of Sora no Kiseki began its service.
Additionally, Lineking Entertainment Technology (located in Beijing) has executed a contract, giving them the rights for worldwide distribution of a smartphone version of Ys VIII -Lacrimosa of Dana- and other new licensing contracts are advancing.
Furthermore, Falcom’s userbase continues to grow, as older titles from Falcom’s library are being released in English, the online story RPG Akatsuki no Kiseki continues its service, Ys VIII -Lacrimosa of Dana- is released on Switch and the development of a collaboration event in Langrisser Mobile.
As the Kiseki series breaks past 4.3 million units sold, this year is its 15th anniversary, and many shops have had collaborative events and goods developed for sale.
As a result, for this fiscal year, the total sales for the licensing division was 1,642 million yen. ($14,987,900) (An increase of 33.1%)
( 2 ) Analysis of Current Term’s Financial Condition
( Total Assets )
The assets for this fiscal year saw a 582 million yen ($5,312,400) increase, to 6,592 million yen ($60,170,690). The primary cause of this is an increase to 1,028 million yen ($9,383,410) of cash in banks and a reduction to accounts receivable to 426 million yen ($3,888,460).
( Liabilities )
For liabilities, this fiscal year saw a decrease of 320 million yen ($2,290,900), coming to a total of 523 million yen ($4,773,860). The primary factors for this were an accounts payable decrease to 121 million yen ($1,104,470), and a decrease to 187 million yen ($1,706,900) in unpaid taxes.
( Net Worth )
This company’s network saw a 903 million ($8,242,440) increase this fiscal year, totaling out to 6,068 million yen ($55,387,700). The primary cause for this is the surplus of 102 million yen ($931,040), in regards to the 1,006 million yen ($9,182,600) operating income for this fiscal term.
( 3 ) Current Term’s Cash Flow Analysis
For this term, cash and cash equal assets (hereon referred to as ‘capital’) saw an increase of 1,028 million yen, totaling out to 5,586 million yen.
The next information is regarding this term’s cash flow.
( Cash Flow Through Business Activities )
Capital from business activities has increased to 1,131 million yen. This is primarily due to 620 million yen paid in corporate tax, sales credit decreasing to 426 million yen, and stock liabilities decreasing to 121 million yen. This lead to a pre-tax, current net income of 1,463 million yen.
( Cash Flow Through Investments )
Investment activities have resulted in a decrease of 1 million yen. This is due to expenses in obtaining tangible fixed assets.
( Cash Flow Through Financial Activities )
Financial activities have resulted in a decrease in capital to 101 million yen. Dividend payments are the primary cause of this with expenditures coming out to 101 million yen.
| 2015 Term | 2016 Term | 2017 Term | 2018 Term | 2019 Term | |
|---|---|---|---|---|---|
| Capital-to-Asset Ratio | 91.4 | 92.4 | 87.8 | 86.0 | 92.1 |
| Capital-to-Asset Ratio of Market Value Base |
265.7 | 154.6 | 206.9 | 222.4 | 213.8 |
| Ratio of Interest Bearing Debt Against Cash Flow |
— | — | — | — | — |
| Interest Coverage Ratio | — | — | — | — | — |
( 4 ) Forecast for the Future Term
The next fiscal year will see the release of Trails of Cold Steel III in English for the PlayStation 4 and the Chinese and Korean releases of both Zero and Ao no Kiseki Evolution for PlayStation Vita. Ys IX -Monstrum Nox- will be seeing a PlayStation 4 release in Traditional Chinese and Korean. After the successful releases of the Kai versions of Sen no Kiseki and Memories of Celceta, multiple ‘Kai’ versions of other games are being developed for PlayStation 4.
This is content that has been translated for use on Endless History – http://www.esterior.net/
With a focus on the Ys and Kiseki series, developments for Japan, North America, Europe, and Asia are in progress, as well as continued promotions on previously released titles.
Additionally, a new work for the Kiseki series is planned for release. The Kiseki series has won many awards, such as the Japan Game First Prize of Excellence, Japan Game Future Award, Famitsu Award, PlayStation Award Users Choice, and others, and has broken 4.3 million units sold.
Again, for the next term, we intend to continue with development plans for various titles on other platforms and smartphones, and collaborative works with other game developers utilizing our IPs and other multiplatform developments. As recent years have seen strong growth in download sales, a stronger effort for the development of downloadable content will also be made.
Now, including both the Ys and Kiseki series, we have the opportunity to push for new challenges with console games and continue with new titles. From here on out, we intend to offer attractive game software and other content.
For the term that ends in September 2020, we have made a forecast of 2,100 million yen in total sales (a reduction of 14.4%), an operating profit of 1,000 million yen (a reduction of 32.0%), an operating income of 1,000 million yen (a reduction of 32.1%), and a net income of 680 million yen (a reduction of 32.4%).
Now, a distinction of this company during development is the tendency for the total sales to be focused on the months of the release of new products. We expect the next term to follow this trend, and much of the percentage comes from the second half of the year. As such, through the second quarter, the year will appear very low when compared to the earnings forecast.
Regarding the forecast in this document, this judgment has been made based on information that is currently available at this present time. Actual results may be greatly different from the forecast once more information has become available.
( 5 ) Policies Regarding Profit Distribution and Dividends for Current and Upcoming Terms
The management of profit return is an important topic for all of the shareholders of this company. While in line with profit gains, it is necessary to secure capital from internal funds to strengthen business operations. It is the company’s basic policy to determine the appropriate dividends based on the term’s performance.
The dividends for this fiscal year will be 6 yen per 1 share (general dividend), as well as a commemorative 6 (due to the Kiseki series 15th anniversary, and the 15th anniversary of the public listing), totaling to 12 yen per share.
For next term, there are plans for a commemorative bonus to the 6 yen per share dividend as well.
Fundamentals on the Selection of Accounting Standards
As this firm does not prepare consolidated financial statements, there has been consideration on using international standards for drawing up said statements, but they were instead prepared using Japanese standards.
Financial Statements and Important Annotations
( 1 ) Balance Sheet
In thousand yen increments.| Prev. Year (2018) | Current Year (2019) | |
|---|---|---|
| Property Division | ||
| Current Assets | ||
| Cash on Hand | 4,554,444 | 5,586,537 |
| Accounts Receivable | 1,154,166 | 728,053 |
| Products | 2,276 | 2,926 |
| Raw Materials | 1,387 | 1,083 |
| Prepaid Expenses | 5,612 | 4,693 |
| Misc. | 1,396 | 11,684 |
| Current Assets Sum | 5,723,284 | 6,334,979 |
| Fixed Assets | ||
| Tangible Property | ||
| Facilities Related Installations | 16,281 | 16,281 |
| Total Depreciation Amount | ▲ 15,465 | ▲ 15,628 |
| Facilities Related Installations (Net Amount) |
815 | 652 |
| Tools, Equipment, and Furnishings | 33,625 | 34,717 |
| Total Depreciation Amount | ▲ 30,576 | ▲ 31,929 |
| Tools, Equipment, and Furnishings (Net Amount) |
3,049 | 2,788 |
| Fixed Assets Sum | 3,865 | 3,440 |
| Intangible Fixed Assets | ||
| Software | 346 | 170 |
| Telephone Procurement | 757 | 757 |
| Intangible Fixed Assets Sum | 1,103 | 927 |
| Assets from Additional Investments | ||
| Security Investments | 116,578 | 116,578 |
| Deferred Tax Assets | 134,735 | 106,969 |
| Securities and Deposits | 30,015 | 29,683 |
| Sum of Assets from Additional Investments | 281,329 | 253,230 |
| Sum of Fixed Assets | 286,297 | 257,598 |
| Total Assets | 6,009,582 | 6,592,557 |
| Debt Division | ||
| Current Liabilities | ||
| Accounts Payable | 229,802 | 107,828 |
| Arrears | 85,514 | 79,692 |
| Accrued Expenses | 17,049 | 20,992 |
| Unpaid Corporate Taxes | 406,054 | 218,569 |
| Unpaid Consumption Taxes | 67,228 | 54,235 |
| Advances Received | 33 | 108 |
| Deposits | 12,154 | 12,403 |
| Reward Provisions | 26,250 | 30,000 |
| Sum of Current Liabilities | 884,087 | 523,829 |
| Total Debts | 884,087 | 523,829 |
| Net Worth Division | ||
| Shareholder Equity | ||
| Capital Stock | 164,130 | 164,130 |
| Capital Surplus | ||
| Capital Reserve Fund | 319,363 | 319,363 |
| Sum of Capital Surplus | 319,363 | 319,363 |
| Profit Surplus | ||
| Miscellaneous Profit Surplus | ||
| Contingent Reserve | 710,000 | 710,000 |
| Transferred Profit Surplus | 3,972,191 | 4,875,556 |
| Sum of Profit Surplus | 4,682,191 | 5,585,556 |
| Treasury Stock | ▲ 189 | ▲ 300 |
| Sum of Shareholder Equity | 5,165,494 | 6,068,748 |
| Total Net Worth | 5,165,494 | 6,068,748 |
| Net Worth Minus Debts | 6,009,582 | 6,592,557 |
this is content that has been translated for use on Endless History – http://www.esterior.net/
( 2 ) Profit and Loss Statement
In thousand yen increments| Prev. Year (2018) | Current Year (2019) | |
|---|---|---|
| Sales | ||
| Sales of Manufactured Goods | 1,123,648 | 881,511 |
| Royalty Income | 1,234,342 | 1,642,617 |
| Total Sales | 2,357,991 | 2,454,128 |
| Cost of Sales | ||
| Cost of Sales for Manufactured Goods | *1 347,263 | *1 220,176 |
| Cost of Sales for Royalty Income | 3,000 | — |
| Total Cost of Sales | 350,263 | 220,176 |
| Total of All Sales | 2,007,727 | 2,233,951 |
| Sales and Administrative Costs | ||
| Shipping and Freight Costs | 21,710 | 9,435 |
| Advertising Expenses | 58,697 | 58,763 |
| Promotional Costs | 24,542 | 14,889 |
| Executive Salary | 53,434 | 55,484 |
| Employee Salary and Wages | 26,443 | 27,642 |
| Bonuses | 2,764 | 5,333 |
| Sums Transferred into Bonus Reserves | 2,763 | 2,899 |
| Legal Costs | 13,415 | 14,095 |
| Hiring Costs | 12,349 | 11,833 |
| Utility Costs | 1,011 | 1,071 |
| Payment Handling | 40,802 | 36,267 |
| Supply Expenses | 1,827 | 3,024 |
| Travel Expenses | 1,583 | 1,571 |
| Communication Expenses (Postage) | 628 | 546 |
| Depreciation Costs | 957 | 537 |
| Research and Development | *2 414,476 | *2 479,202 |
| Miscellaneous | 39,687 | 41,019 |
| Sum of Sales and Administrative Costs | 717,095 | 763,618 |
| Operating Profit | 1,290,632 | 1,470,333 |
| Earnings from Outside the Business | ||
| Interest Receipts | 42 | 51 |
| Dividend Receipts | 1,738 | 2,321 |
| Profit on Currency Exchange | 1,268 | — |
| Excluded Profits from Unpaid Dividends | 966 | 710 |
| Sum of Earnings from Outside the Business | 4,016 | 3,082 |
| Costs from Outside the Business | ||
| Losses from Foreign Exchange | — | 1,084 |
| Sum of Costs from Outside the Business | — | 1,084 |
| Current Profits | 1,294,648 | 1,472,367 |
| Special Costs | ||
| Costs from Eliminating Fixed Assets | 0 | 0 |
| Sum of Special Costs | 0 | 0 |
| Current Income Before Taxes | 1,294,648 | 1,472,637 |
| Corporation, Municipal, and Enterprise Taxes | 547,554 | 438,437 |
| Sum of Adjustments from Corporation Tax | ▲ 89,783 | 27,766 |
| Sum of Taxes | 457,770 | 466,203 |
| Current Net Income | 836,877 | 1,006,163 |
Detailed Statement of the Cost of Sales of Manufactured Goods
| Operation Section | Previous Year (2018) | Current Year (2019) | ||
|---|---|---|---|---|
| Division | Amount | Ratio (%) | Amount | Ratio (%) |
| I. Material Cost | 310,738 | 89.7 | 204,409 | 92.6 |
| II. Outsourcing Cost | 35,639 | 10.3 | 16,416 | 7.4 |
| SUBTOTAL | 346,486 | 100.0 | 220,826 | 100.0 |
| III. Inventory Count of Goods at Beginning of Term |
3,053 | 2,276 | ||
| SUM TOTAL | 349,540 | 223,102 | ||
| IV. Inventory Count of Goods at End of Term |
2,276 | 2,926 | ||
| Difference in Costs of Goods |
347,263 | 220,176 | ||
Document Regarding Fluctuations in Capital Stock
Previous Term (Oct 1, 2017, thru Sept 30, 2018)
In thousand yen increments| Shareholder Equity | Sum of Net Worth |
||||||
|---|---|---|---|---|---|---|---|
| Capital Stock |
Capital Surplus | Profit Surplus | Treasury Stock |
Sum of Capital Stock |
|||
| Capital Reserve | Misc. Profit Surplus | ||||||
| Special Reserve | Transferred Profit Surplus | ||||||
| Current Term Balance | 164,130 | 319,363 | 710,000 | 3,217,553 | ▲ 117 | 4,410,929 | 4,410,929 |
| Change of Sums in Current Term | |||||||
| Surplus Shares | ▲82,239 | ▲82,239 | ▲82,239 | ||||
| Current Net Income |
836,877 | 836,877 | 836,877 | ||||
| Treasury Stock Profit |
▲72 | ▲72 | ▲72 | ||||
| Sum of Fluctuations For the Current Period |
— | — | — | 754,638 | ▲72 | 754,565 | 754,565 |
| Remainder at the end of this Period |
164,130 | 319,363 | 710,000 | 3,972,191 | ▲189 | 5,165,494 | 5,165,494 |
Previous Term (Oct 1, 2018, thru Sept 30, 2019)
In thousand yen increments| Shareholder Equity | Sum of Net Worth |
||||||
|---|---|---|---|---|---|---|---|
| Capital Stock |
Capital Surplus | Profit Surplus | Treasury Stock |
Sum of Capital Stock |
|||
| Capital Reserve | Misc. Profit Surplus | ||||||
| Special Reserve | Transferred Profit Surplus | ||||||
| Current Term Balance | 164,130 | 319,363 | 710,000 | 3,972,191 | ▲ 189 | 5,165,494 | 5,165,494 |
| Change of Sums in Current Term | |||||||
| Surplus Shares | ▲102,798 | ▲102,798 | ▲102,798 | ||||
| Current Net Income |
1,006,163 | 1,006,163 | 1,006,163 | ||||
| Treasury Stock Profit |
▲111 | ▲111 | ▲111 | ||||
| Sum of Fluctuations For the Current Period |
— | — | — | 903,365 | ▲111 | 903,254 | 903,254 |
| Remainder at the end of this Period |
164,130 | 319,363 | 710,000 | 4,875,556 | ▲300 | 6,068,748 | 6,068,748 |
Cash Flow Statement
In thousand yen increments.| Prev. Year (2018) | Current Year (2019) | |
|---|---|---|
| Cash Flow from Business Activities | ||
| Current Net Income Before Taxes | 1,294,648 | 1,472,367 |
| Depreciation Costs | 3,605 | 2,162 |
| Reduction of Fluctuations of Reward Reserves (▲ is decrease) |
2,250 | 3,750 |
| Interest and Dividend Receipts | ▲1,780 | ▲2,372 |
| Loss from Elimination of Fixed Assets | 0 | 0 |
| Reduction of Fluctuations in Sales Credit (▲ is increase) |
▲192,164 | 426,188 |
| Reduction of Fluctuations in Inventory Assets (▲ is increase) |
2,701 | ▲301 |
| Fluctuation Amounts of Other Assets (▲ is increase) |
702 | ▲9,036 |
| Reduction of Fluctuations in Purchased Debts (▲ is decrease) |
84,746 | ▲121,973 |
| Reduction of Fluctuations of Arrears (▲ is decrease) |
27,031 | ▲121,973 |
| Fluctuation Amounts of Unpaid Taxes (▲ is decrease) |
6,031 | ▲12,993 |
| Fluctuation Amounts of Other Debts (▲ is decrease) |
8,652 | ▲1,517 |
| Subtotal | 1,236,426 | 1,749,978 |
| Amounts Received via Interests and Dividends | 1,780 | 2,372 |
| Amount Paid for Corporation Tax | ▲445,478 | ▲620,923 |
| Cash Flow from Business Activities | 792,728 | 1,131,427 |
| Cash Flow from Investment Activities | ||
| Expenses from the Value of Tangible Assets | — | ▲1,562 |
| Cash Flow from Investment Activities | — | ▲1,562 |
| Cash Flow from Financial Activities | ||
| Expenses from the Value of Treasury Stock | ▲72 | ▲111 |
| Dividend Payments | ▲81,713 | ▲101,660 |
| Cash Flow from Financial Activities | ▲81,785 | ▲101,771 |
| Increased Reduction in Cash and Cash Value Articles (▲ is decrease) |
710,942 | 1,028,093 |
| Balance of Cash and Cash Value Articles at Start of Term | 3,847,502 | 4,558,444 |
| Balance of Cash and Cash Value Articles at End of Term | * 4,558,444 | * 5,586,537 |
Annotations Related to Financial Statements
(Annotations Concerning Business Condition Continued)
No applicable information.
(Important Accounting Policies)
1. Appraisal Standards and Evaluation Policies for Marketable Securities
Other Marketable Securities
There are no market value items.
Moving average is calculated via cost price.
2. Appraisal Standards and Evaluation Policies for Inventory Assets
Manufactured goods and raw services.
Utilizing the previously mentioned cost price ( calculations based on the declining book value of profitability) principles.
3. Depreciation Estimates Process for Fixed Assets
( 1 ) Tangible fixed assets
Using a fixed rate. (based on building installation value laws instated on 4/1/2016)
Below is the average service life.
Building Installations: 10 ~ 15 years
Tools, Devices, and Furnishings: 4 ~ 8 years
( 2 ) Intangible fixed assets
Based on the in-house availability (5 years) of software used in the corporation.
4. Appropriation Standards for Reserves
( 1 ) Irrecoverable debt reserves
Prepared to have ready for losses caused by irrecoverable debt from credits. There is a considered ratio for irrecoverable debt to go along with the general credit, as such this is a sum of money to maintain for the times when it’s impossible to claim a debt.
( 2 ) Bonus reserves
Provisioned expenditures set aside to give to employees as a reward.
5. Scope Regarding Funds in the Cash Flow Statement
Cash on hand is made up of money that can be quickly withdrawn, and items that can be easily liquidated, moreover the company takes responsibility for small risks from value fluctuations that can be paid off anywhere between three days to three months.
6. Important Notes Involving the Standards for Drawing up Other Financial Statements
Accounting of consumption tax: based on formulas that include tax amounts.
( Changes to Account Objectives )
No applicable information.
In case you didn’t know, this is a monster document. In the Japanese document, we are currently on page 14 of 19, even. At this point, the document is going into a list of why certain changes are happening to the document, based on new standards in corporate tax accounting and so forth, and it is very dry.
To get this to you faster, and before the financial report that is happening tonight, I am omitting these tables and annotations towards the end except for two of them, seeing as I know that they would hold interest to a lot of my readers.
If you are interested in seeing these notes and numbers, you can find the article here, on Falcom’s IR page.
Additionally, if you want the supplementary report that gives you a broader sample of information from the end of the year, you can find that here.
Relevant Information
Prev. Term (Oct 1, 2017 ~ Sept 30, 2018)
( 1 ) Information on Manufactured Goods and Other Services
In thousand yen increments.| Manufactured Goods Div. | Licensed Goods Div. | Total | |
|---|---|---|---|
| Total Sales of External Clients | 1,123,648 | 1,234,342 | 2,357,991 |
( 2 ) Regional Information
→ Total Sales
| Japan | Asia | North America / Europe | Total |
|---|---|---|---|
| 2,033,602 | 144,422 | 173,966 | 2,357,991 |
Note: The information is based on client sales, sorted by region.
→ Tangible Fixed Assets
( 3 ) Major Client Information
In thousand yen increments.| Major Client Name | Total Sales | Related Segment Name |
|---|---|---|
| Konami Digital Entertainment | 991,587 | Game Development / Sales |
| Sony Interactive Entertainment | 683,489 | Game Development / Sales |
Current Term (Oct 1, 2018 ~ Sept 30, 2019)
( 1 ) Information on Manufactured Goods and Other Services
In thousand yen increments.| Manufactured Goods Div. | Licensed Goods Div. | Total | |
|---|---|---|---|
| Total Sales of External Clients | 811,511 | 1,642,617 | 2,454,128 |
( 2 ) Regional Information
→ Total Sales
| Japan | Asia | North America / Europe | Total |
|---|---|---|---|
| 1,856,004 | 198,628 | 399,495 | 2,454,128 |
Note: The information is based on client sales, sorted by region.
→ Tangible Fixed Assets
( 3 ) Major Client Information
In thousand yen increments.| Major Client Name | Total Sales | Related Segment Name |
|---|---|---|
| Konami Digital Entertainment | 830,925 | Game Development / Sales |
| Sony Interactive Entertainment | 718,682 | Game Development / Sales |
Sources:
Falcom IR Information – Summary of Accounts for Term ending in Sept 2019
Thanks for always doing these in-depth financial breakdowns. These greatly interest me.
Are you guys going to do one for 2020?