Note: This document is a translated version for reference purposes only. Therefore, any discrepancy may occur with the Japanese original version. Please refer to the Japanese version if you find anything unclear. COLOPL, Inc. takes no responsibility for any problems of translation.
Quarterly Securities Report
(16th business term of the second quarter)
COLOPL, Inc.
(E27062)
Quarterly Securities Report
This document is an output and printout of the quarterly report submitted using the Electronic Data Processing System for Disclosure (EDINET) stipulated in Article 27-30-2 of the Financial Instruments and Exchange Act, with a table of contents and pages.
Contents | ||
Page | ||
Cover Page | 1 | |
Part 1. Corporate Information | 2 | |
I. Company Overview | 2 | |
1. Trends in Major Management Indicators, Etc | 2 | |
2. Business Summary | 2 | |
II. Business Overview | 3 | |
1. Business Risks | 3 | |
2. Management's Analysis of Financial Position, Operating Results and Cash Flows | 3 | |
3. Important Contracts Etc. Related to Management | 4 | |
Ⅲ. Information on the Reporting Company | 5 | |
1. Stock Information | 5 | |
(1) Total Number of Shares, Etc | 5 | |
1) Total Number of Shares | 5 | |
2) Number of Shares Issued | 5 | |
(2) | Information on the Share Acquisition Rights, Etc | 5 |
1) Stock Options | 5 | |
2) Other Share Acquisition Plans, Etc | 5 | |
(3) | Moving Strike Convertible Bonds, Etc | 5 |
(4) | Changes in Number of Shares Issued and Capital, Etc | 5 |
(5) | Status of Major Shareholders | 6 |
(6) | Information on Voting Rights | 7 |
1) Number of Shares Issued | 7 | |
2) Treasury Shares, Etc | 7 | |
2. Officers | 7 | |
Ⅳ. Financial Information | 8 | |
1. Quarterly Consolidated Financial Statements | 9 | |
(1) | Quarterly Consolidated Balance Sheets | 9 |
(2) | Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income | 10 |
Quarterly Consolidated Statements of Income | 10 | |
Quarterly Consolidated Statements of Comprehensive Income | 11 | |
(3) | Quarterly Consolidated Statements of Cash Flows | 12 |
Notes | 13 | |
Segment Information | 16 | |
2. Other | 19 | |
Part 2. Information Concerning Guarantors of the Reporting Company | 20 |
Cover Page
Document filed: | Quarterly Securities Report |
Applicable law: | Article 24-4-7, Paragraph 1 of the Financial Instruments and Exchange Act |
Filed with: | Director, Kanto Local Finance Bureau |
Filing date: | May 13, 2024 |
Quarterly Accounting Period: | 16th business term of the second quarter (From January 1, 2024 to March 31, 2024) |
Company: | Kabushiki Kaisha COLOPL |
Company name in English: | COLOPL, Inc. |
Name and title of representative: | Takashi Miyamoto, President and Representative Director |
Address of head office: | 9-7-2 Akasaka, Minato-ku, Tokyo |
Phone number: | 03-6721-7770 |
Contact person: | Yoshiaki Harai, Executive Director |
Contact address: | 9-7-2 Akasaka, Minato-ku, Tokyo |
Phone number: | 03-6721-7770 |
Contact person: | Yoshiaki Harai, Executive Director |
Place for public inspection: | Tokyo Stock Exchange, Inc. |
(2-1 Nihonbashikabutocho, Chuo-ku, Tokyo) |
- 1 -
Part 1. Corporate Information
I. Company Overview
1. Trends in Major Management Indicators, Etc.
15th term Second Quarter | 16th term Second Quarter | |||
Fiscal term | Consolidated Cumulative | Consolidated Cumulative | 15th period | |
period | period | |||
Accounting period | October 1, 2022 | October 1, 2023 | October 1, 2022 | |
to March 31, 2023 | to March 31, 2024 | to September 30, 2023 | ||
Net sales | (million yen) | 15,897 | 12,714 | 30,926 |
Ordinary profit | (million yen) | 1,607 | 727 | 3,276 |
Profit attributable to owners of | (million yen) | 932 | 120 | 1,893 |
parent | ||||
Comprehensive income | (million yen) | 627 | (31) | 2,178 |
Net assets | (million yen) | 74,683 | 73,674 | 76,234 |
Total assets | (million yen) | 80,513 | 81,111 | 81,695 |
Basic earnings per share | (yen) | 7.27 | 0.94 | 14.76 |
Diluted earnings per share | (yen) | - | - | - |
Equity ratio | (%) | 92.8 | 90.8 | 93.3 |
Cash flows from operating | (million yen) | 949 | 1,544 | 1,159 |
activities | ||||
Cash flows from investing | (million yen) | 8,903 | (2,646) | 8,237 |
activities | ||||
Cash flows from financing | (million yen) | (2,559) | (562) | (2,567) |
activities | ||||
Cash and cash equivalents at | (million yen) | 57,768 | 56,845 | 58,167 |
end of period | ||||
Fiscal term | 15th term Second Quarter | 16th term Second Quarter | ||
Consolidated period | Consolidated period | |||
Accounting period | January 1, 2023 | January 1, 2024 | ||
to March 31, 2023 | to March 31, 2024 | |||
Net income per share | (yen) | 10.49 | 4.99 | |
(Notes) 1. Since the Company prepares quarterly consolidated financial statements, changes in major management indices of the submitting company are not shown.
2. Diluted earnings per share is not shown in the above table, as there were no residual shares.
2.Business Summary
During the six months ended March 31, 2024, there have been no significant changes in the businesses operated by the Group (the Company and its affiliated companies).
Changes in the major affiliated companies are as follows. Investment and Development Business
Colopl Next Korea, Inc. was included in the scope of consolidation from the first quarter of the consolidated fiscal year under review due to its increased importance.
During the second quarter of the consolidated fiscal year under review, COLOPL NEXT Listed Shares No. 1 Fund Investment Partnership has been removed from the scope of consolidation, as a result of the completion of its liquidation process.
- 2 -
- Business Overview
1. Business Risks
During the six months ended March 31, 2024, there were no occurrences of matters related to the status of business and accounting described in this quarterly report that may have a significant impact on investor decisions, or significant changes to the "Business Risks" described in the securities report for the previous fiscal year.
2. Management's Analysis of Financial Position, Operating Results and Cash Flows
The forward-looking statements in this document are based on judgments made as of the end of the quarter consolidated accounting period.
- Financial condition and operating results
- Operating results
With the Group's mission, "'Entertainment in Real Life': Making everyday more enjoyable and wonderful through entertainment", the Group has been working to enrich people's everyday lives through entertainment. In the six months ended March 31, 2024, the Entertainment Business has been keeping in mind the need to enhance engagement with users in conjunction with existing titles, while also focusing on developing new titles. The Investment and Development Business has been investing mainly in IT-related and entertainment companies in Japan and overseas.
As a result, consolidated results for the six months ended March 31, 2024 were net sales of 12,714 million yen (down 20.0% from the same period of the previous fiscal year), operating profit of 273 million yen (down 85.9% from the same period of the previous fiscal year), ordinary profit of 727 million yen (down 54.8% from the same period of the previous fiscal year),and profit attributable to owners of the parent of 120 million yen (down 87.1% from the same period of the previous fiscal year).
Operating results by segment are as follows.
a. Entertainment Business
The Entertainment Business is responsible primarily for the development and operation of games for smartphones.
In games for smartphones that account for a major portion of sales, "DRAGON QUEST WALK (planning and production: SQUARE ENIX CO., LTD., Development: COLOPL, Inc.)" remained steady and contributed to the Group's consolidated financial results. In original IP titles, the Group has been operating services to increase user engagement, such as holding collaboration events with popular IP for "Shironeko Project" and "Travel Jimano Nyanko (tentative)". In addition to the decrease in sales due to the diminishing sales of existing titles, there were upfront expenses for the blockchain business, which is expected to be released soon.
As a result, consolidated net sales and operating profit for the six months ended March 31, 2024 stood at 12,344 million yen (down 20.0% from the same period of the previous fiscal year) and 389 million yen (down 81.9% from the same period of the previous fiscal year), respectively.
b. Investment and Development Business
The Group conducts the Investment and Development Business with a focus on investments in IT-related and entertainment companies in particular.
The Group's funds generated income from the sale of operational investment securities for the six months ended March 31, 2024. In addition, impairment losses were recorded on a portion of operational investment securities held.
As a result, consolidated net sales and operating loss for the six months ended March 31, 2024 stood at 369 million yen (down 20.0% from the same period of the previous fiscal year) and 116 million yen (operating loss of 207 million yen in the same period of the previous fiscal year), respectively.
-
Consolidated financial position (Assets)
Current assets as of March 31, 2024 were 72,015 million yen (down 2,874 million yen from September 30, 2023). This was mainly due to a decrease in Cash and deposits and Accounts receivable - trade, and contract assets.
Non-current assets were 9,095 million yen (up 2,290 million yen from September 30, 2023). This was mainly due to an increase in Investments and other assets.
As a result, total assets were 81,111 million yen (down 583 million yen from September 30, 2023). - 3 -
(Liabilities)
Current liabilities as of March 31, 2024 were 5,131 million yen (up 804 million yen from September 30, 2023). This was mainly due to an increase in Other current liabilities.
In addition, Non-current liabilities were 2,304 million yen (up 1,171 million yen from September 30, 2023). This was mainly due to an increase in Long-term borrowings.
As a result, total liabilities were 7,436 million yen (up 1,975 million yen from September 30, 2023).
(Net assets)
Net assets as of March 31, 2024 were 73,674 million yen (down 2,559 million yen from September 30, 2023). This was mainly due to a decrease in retained earnings resulting from the payment of dividends.
(2) Status of cash flows
The balance of cash and cash equivalents at the end of the six months ended March 31, 2024 decreased 1,321 million yen from the end of the previous fiscal year, to 56,845 million yen.
The status of each of the cash flow segments and contributing factors for changes during the six months ended March 31, 2024 are as follows.
(Cash flows from operating activities)
Net cash increased by 1,544 million yen in operating activities during the six months ended March 31, 2024 (compared to an increase of 949 million yen during the same period of the previous fiscal year). The main cash inflow was 944 million yen decrease in trade receivables.
(Cash flows from investing activities)
Net cash deceased by 2,646 million yen in investing activities during the six months ended March 31, 2024 (compared to an increase of 8,903 million yen during the same period of the previous fiscal year). The main cash outflow was 2,941 million yen in purchase of investment securities.
(Cash flows from financing activities)
Net cash decreased by 562 million yen in financing activities during the six months ended March 31, 2024 (compared to a decrease of 2,559 million yen during the same period of the previous fiscal year). The main cash outflow was 2,565 million yen in dividends paid, and inflow was 2,000 million yen in proceeds from long-term borrowings.
(3) Priority business and financial issues to be addressed
During the six months ended March 31, 2024, there were no significant changes in the business and financial issues that the Group needs to address on a priority basis.
(4) Research and Development
The total amount of research and development expenses for the six months ended March 31, 2024 was 1,276 million yen. There were no significant changes in the status of the Group's research and development activities during the six months ended March 31, 2024.
3.Important Contracts Etc. Related to Management
During the six months ended March 31, 2024, there were no decisions or conclusions of important management contracts.
- 4 -
- Information on the Reporting Company
1. Stock Information
- Total Number of Shares, Etc.
- Total number of shares
Type | Number of authorized shares |
Common shares | 450,000,000 |
Total | 450,000,000 |
- Number of Shares Issued
Number of shares issued at | Number of shares issued | |||
Type | the end of the second | as of the filing date | Stock exchange where | Details |
quarter (shares) | (shares) | the Company is listed | ||
(March 31, 2024) | (May 13, 2024) | |||
Common | 130,144,640 | 130,144,640 | Tokyo Stock Exchange | The number of shares per one unit of |
shares | Prime Market | shares is 100 shares. | ||
Total | 130,144,640 | 130,144,640 | ‒ | ‒ |
- Information on the Share Acquisition Rights, Etc.
- Stock Options Not applicable.
- Other Share Acquisition Plans, Etc. Not applicable.
- Moving Strike Convertible Bonds, Etc.
Not applicable.
(4) Changes in Number of Shares Issued and Capital, Etc.
Changes in | Balance of | Change in | Balance of | Change in legal | Balance of legal | ||
number of | number of shares | ||||||
Date | capital | capital | capital surplus | capital surplus | |||
shares issued | issued | ||||||
(million yen) | (million yen) | (million yen) | (million yen) | ||||
(shares) | (shares) | ||||||
January 1, 2024 | - | ||||||
March 31, 2024 | 89,635 | 130,144,640 | 25 | 6,635 | 25 | 6,632 | |
(Notes) | |||||||
(Notes) As a result of the issuance of new shares of restricted stock compensation with a payment date of January 18, 2024, the total number of issued shares increased by 89,635 shares, and capital stock and capital surplus increased by 25 million yen each.
Issue price | 569 yen |
Capitalized amount | 285 yen |
- 5 -
(5) Status of Major Shareholders
As of March 31, 2024 | |||
Ratio of the number | |||
Share ownership | of shares owned to | ||
Name | Address | the number of shares | |
(shares) | |||
issued (excluding | |||
treasury shares) (%) | |||
Naruatsu Baba | Shibuya-ku, Tokyo | 61,781,792 | 48.13 |
Custody Bank of Japan, Ltd. (Trust | 1-8-12, Harumi, Chuo-ku, Tokyo | 10,050,700 | 7.83 |
account) | |||
The Master Trust Bank of Japan, Ltd. | 1-8-1 Akasaka, Minato-ku, Tokyo | 8,863,700 | 6.91 |
(Trust account) | |||
THE BANK OF NEW YORK | |||
MELLON 140051 | 240 GREENWICH STREET, NEW YORK, | ||
(Standing proxy: Settlement & | NY10286, U.S.A. | 7,251,900 | 5.65 |
Clearing Services Department of | (2-15-1, Konan, Minato-ku, Tokyo) | ||
Mizuho Bank, Ltd.) | |||
THE BANK OF NEW YORK 133612 | BOULEVARD ANSPACH 1, 1000 | ||
(Standing proxy: Settlement & | |||
BRUSSELS, BELGIUM | 3,222,300 | 2.51 | |
Clearing Services Department of | |||
(2-15-1, Konan, Minato-ku, Tokyo) | |||
Mizuho Bank, Ltd.) | |||
LEVEL 88, INTERNATIONAL | |||
CREDIT SUISSE AG HONG KONG | COMMERCE CENTRE, 1 AUSTIN | ||
TRUST A/C CLIENT | ROAD WEST, KOWLOON, HONG | 2,306,800 | 1.80 |
(Standing proxy: MUFG Bank, Ltd.) | KONG | ||
(2-7-1, Marunouchi, Chiyoda-ku, Tokyo) | |||
KUWAIT INVESTMENT | |||
AUTHORITY | MINISTRIES COMPLEX ALMURQAB | ||
(Standing proxy: Direct Custody | AREA KUWAIT KW 13001 | 1,677,500 | 1.31 |
Clearing Operations of Citibank, N.A., | (6-27-30 Shinjuku, Shinjuku-ku, Tokyo) | ||
Tokyo Branch) | |||
STATE STREET BANK WEST | |||
CLIENT - TREATY 505234 | 1776 HERITAGE DRIVE, NORTH | ||
(Standing proxy: Settlement & | QUINCY, MA 02171, U.S.A. | 892,600 | 0.70 |
Clearing Services Department of | (2-15-1, Konan, Minato-ku, Tokyo) | ||
Mizuho Bank, Ltd.) | |||
THE HONGKONG AND SHANGHAI | |||
BANKING CORPORATION LTD - | |||
SINGAPORE BRANCH PRIVATE | 10 MARINA BOULEVARD #48-01 | ||
BANKING DIVISION A/ C CLIENTS | MARINA BAY FINANCIAL CENTRE | 700,000 | 0.55 |
(Standing proxy: Custody Services | SINGAPORE 018983 | ||
Department, Tokyo Branch, The | (3-11-1 Nihonbashi, Chuo-ku, Tokyo) | ||
Hongkong and Shanghai Banking | |||
Corporation Limited) | |||
GOLDMAN SACHS | PLUMTREE COURT, 25 SHOE LANE, | ||
INTERNATONAL | |||
LONDON EC4A 4AU, U.K. | 619,600 | 0.48 | |
(Standing proxy: Goldman Sachs | |||
(6-10-1, Konan, Minato-ku, Tokyo) | |||
Japan Co., Ltd.) | |||
Total | ‒ | 97,366,892 | 75.85 |
(Notes) 1. The ratio of the number of shares owned to the number of shares issued (excluding treasury shares) is rounded to the second decimal place.
- The number of shares held is based on names on the shareholder register because the Company cannot determine the number of shares related to the trust business of trust banks, etc.
-
A large-volume holdings report (change report) that was made available for public inspection on October 4, 2023 states that Baillie Gifford & Co and its co-owner Baillie Gifford Overseas Limited own the shares shown below as of September 27, 2023. However, because the Company has not been able to confirm the number of shares actually held by them as of March 31, 2024, they have not been included in the major shareholders above.
The following is what is stated in the large-volume holdings report. - 6 -
Number of shares | ||||||||||
Name | Address | held | Shareholding ratio | |||||||
(shares) | ||||||||||
Baillie Gifford & Co | Calton Square, 1 Greenside Row, | 10,681,400 | 8.21 | |||||||
Edinburgh, EH1 3AN, Scotland | ||||||||||
Baillie Gifford Overseas | Calton Square, 1 Greenside Row, | 3,125,100 | 2.40 | |||||||
Limited | Edinburgh, EH1 3AN, Scotland | |||||||||
Total | - | 13,806,500 | 10.62 | |||||||
(6) Information on Voting Rights | ||||||||||
1) Number of Shares Issued | ||||||||||
As of March 31, 2024 | ||||||||||
Classification | Number of shares (shares) | Number of voting rights | Details | |||||||
Non-voting shares | ‒ | ‒ | ‒ | |||||||
Shares with restricted voting right | ‒ | ‒ | ‒ | |||||||
(treasury shares, etc.) | ||||||||||
Shares with restricted voting right | ‒ | ‒ | ‒ | |||||||
(others) | ||||||||||
Shares with full voting right (treasury | (Treasury stock) | The number of shares per one unit | ||||||||
Common | ‒ | |||||||||
shares, etc.) | 1,778,700 | of shares is 100 shares. | ||||||||
shares | ||||||||||
Shares with full voting right (others) | Common | 128,311,700 | 1,283,117 | Ditto | ||||||
shares | ||||||||||
Shares less than one unit | Common | 54,240 | ‒ | ‒ | ||||||
shares | ||||||||||
Number of shares outstanding | 130,144,640 | ‒ | ‒ | |||||||
Total number of voting rights | ‒ | 1,283,117 | ‒ | |||||||
(Note) The column showing the shares of less than one unit contains 19 treasury stock owned by the Company.
2) Treasury Shares, Etc.
As of March 31, 2024
Number of | Number of | Ratio of number | |||
shares held | shares held | Total number of | of shares held to | ||
Name of shareholder | Address of shareholder | under the | under other | shares held | number of |
shareholder's | shareholders' | (shares) | outstanding | ||
name (shares) | names (shares) | shares (%) | |||
(Treasury stock) | 9-7-2 Akasaka, Minato-ku, Tokyo | 1,778,700 | ‒ | 1,778,700 | 1.37 |
COLOPL, Inc. | |||||
Total | ‒ | 1,778,700 | ‒ | 1,778,700 | 1.37 |
(Notes) The treasury stock above does not include 19 shares of less than one unit.
2. Officers
The changes in directors and executive officers from the filing date of the Annual Securities Report for the fiscal year ended September 30, 2023 until March 31, 2024 are as follows.
Changes in titles
New job title | Former job title | Name | Date of change |
President and Representative Director | President and Representative Director | Takashi Miyamoto | January 1, 2024 |
In charge of PR Marketing Division | Head of Marketing Division | ||
Executive Director | Executive Director | ||
In charge of Corporate Administration | Yoshiaki Harai | January 1, 2024 | |
In charge of Corporate Division | |||
Department | |||
- 7 - |
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Colopl Inc. published this content on 13 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2024 07:04:02 UTC.