Company Reports

Koei Tecmo began its video game business in the 1980s with its iconic historical strategy simulation game franchises—Nobunaga’s Ambition and Romance of the Three Kingdoms.

September-quarter revenue and operating income rose 21.2% and 44.3% year over year, on console games' strong repeat sales. Full-year revenue, operating income, and net profit guidance rose to JPY 91 billion, JPY 34 billion, and JPY 37 billion, from JPY 90 billion, JPY 32 billion, and JPY 31 billion.

Koei Tecmo began its video game business in the 1980s with its iconic historical strategy simulation game franchises—Nobunaga’s Ambition and Romance of the Three Kingdoms.

Koei Tecmo's June-quarter sales rose 17.4%, and operating profit rose 51.2% year over year, driven by strong repeat sales of 2025 hit titles like Pokémon Pokopia.

Koei Tecmo began its video game business in the 1980s with its iconic historical strategy simulation game franchises—Nobunaga’s Ambition and Romance of the Three Kingdoms.

Koei Tecmo’s revenue and operating profit rose 20% and 33%, respectively, in the March quarter, driven by strong console title performance and growth in royalty income. Management guides 2026 revenue to increase 2%, while operating income is expected to decline 14% on higher costs.

Koei Tecmo began its video game business in the 1980s with its iconic historical strategy simulation game franchises—Nobunaga’s Ambition and Romance of the Three Kingdoms.

Koei Tecmo began its video game business in the 1980s with its iconic historical strategy simulation game franchises—Nobunaga’s Ambition and Romance of the Three Kingdoms.

Koei Tecmo's December-quarter revenue and operating income grew by 17.8% and 49.4% year over year, mainly attributable to a 33% increase in console/PC revenue driven by the launches of major new titles—Ninja Gaiden 4 and Hyrule Warriors: Age of Imprisonment during the quarter.

Koei Tecmo's fiscal first-half revenue and operating profit year-over-year declines of 11% and 25%, respectively, were mainly due to lower mobile game revenue. Full-year guidance for revenue and operating income is still JPY 92 billion and JPY 31 billion (up 10.6% and down 3.5% year over year).

Koei Tecmo began its video game business in the 1980s with its iconic historical strategy simulation game franchises—Nobunaga’s Ambition and Romance of the Three Kingdoms.

Koei Tecmo began its video game business in the 1980s with its iconic historical strategy simulation game franchises—Nobunaga’s Ambition and Romance of the Three Kingdoms.

We initiate coverage of Koei Tecmo, a Japanese video game company most notable for its Nobunaga's Ambition, Romance of the Three Kingdoms, and Musō franchises.