CAVE Posts Record First-Quarter Operating Profit of 555 Million Yen

CAVE reported on October 14 its consolidated first-quarter results for the fiscal year ending May 2027, covering June to August, swinging to a profit and logging a record operating profit for a first quarter, according to gamebiz.jp.

First-quarter sales rose 2.3% year on year to 2.687 billion yen. Operating profit came to 555 million yen, reversing a 565 million yen loss a year earlier. Ordinary profit was 908 million yen, compared with a 393 million yen loss, and net profit was 659 million yen, versus a 285 million yen loss.

The game business recorded sales of 2.443 billion yen, up 2.6% year on year, and segment profit of 523 million yen, against a 552 million yen loss a year earlier. CAVE released Shinyaku DoDonPachi DaiFukkatsu on Steam on August 27 as the first title of its Refine Project. Touhou Genso Eclipse drew stable revenue led by rerun characters, helped by a rise in paying users around its 2.5-year anniversary, while Gothic wa Mahou Otome ran seasonal events including wedding and Tanabata events and in-app promotions tied to the Steam release.

The video streaming-related business posted sales of 243 million yen, down 1.2% year on year, and segment profit of 32 million yen, compared with a 12 million yen loss a year earlier.

CAVE left its full-year forecast for the fiscal year ending May 2027 unchanged, projecting sales of 10.5 billion yen and operating profit of 1.45 billion yen.