NJHD Q1 sales fall 10% as game segment shrinks
Operating profit dropped 79.8% to 3 million yen, and the company swung to a net loss of 50 million yen for July to September.
NJHD reported first-quarter consolidated sales of 2.25 billion yen for the fiscal year ending June 2027, down 10.0% year on year, according to gamebiz.jp. Operating profit fell 79.8% to 3 million yen for the July-to-September period.
The company posted an ordinary loss of 6 million yen, against a 13 million yen profit a year earlier, and a net loss of 50 million yen, against a 4 million yen profit.
Game segment sales came to 1.514 billion yen, down 17.2% year on year, as a large-scale project shrank. Game segment operating profit was 43 million yen, down 31.8%.
The mobile segment recorded sales of 723 million yen, up 10.3%, while its operating profit fell 42.0% to 14 million yen.
NJHD left its full-year forecast for the fiscal year ending June 2027 unchanged.
Background
In the same quarter a year earlier, the company reported ordinary profit of 13 million yen and net profit of 4 million yen. For the fiscal year ended June 2024, NJHD posted sales of 9.698 billion yen, operating profit of 102 million yen, ordinary profit of 96 million yen and net profit of 274 million yen. Founded in December 1991, NJHD is listed on the Tokyo Stock Exchange Standard Market under code 9421.
Quick answers
How much were NJHD's first-quarter sales?
Sales were 2.25 billion yen, down 10.0% year on year.
Why did NJHD's game segment sales decline?
Game segment sales fell 17.2% to 1.514 billion yen as a large-scale project shrank.
Did NJHD change its full-year forecast?
No. The forecast for the fiscal year ending June 2027 was left unchanged.