Koei Tecmo to raise up to JPY 34.4bn in share offering

Koei Tecmo Holdings has completed its first-quarter financial review for the fiscal year ending March 2026, with no changes from the initial disclosure. This review was conducted in conjunction with the company's decision to dispose of treasury shares and conduct a secondary offering. First-quarter performance shows net sales of JPY 14,800m, operating profit of JPY 3,574m, and ordinary profit of JPY 8,769m, representing declines compared to the prior year. Profit attributable to owners of parent was JPY 6,072m.

The share offering, including a public offering of 14,740,000 shares, a secondary offering of 7,000,000 shares by major shareholders, and an over-allotment of up to 3,260,000 shares, aims to address the company's failure to meet the Prime Market’s tradable share ratio criteria. Funds from this offering, estimated at up to JPY 34,458,880,000, will be invested in human capital for new title development.

The share offering will increase tradable shares, enhance liquidity, expand the shareholder base, and support the company's Fourth Medium-Term Management Plan, which focuses on sustainable growth and strengthening its management base. The company's treasury shares will decrease from 20,051,708 shares to 2,051,708 shares after the disposal.