INVESTOR RELATIONS | KADOKAWA GROUP GLOBAL PORTAL SITE
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Kadokawa's gaming segment is having a very strong year, driven by significant contributions from Elden Ring Shadow of the Erdtree.
Net Sales are up 32.8% YTD, and Operating Profit's up 50.8% YTD.
For what feels like the fourth or fifth time now, Kadokawa pledges once again to maximize the long term value of their IP, and expand their development pipeline for medium to long-term growth.
A few details which I haven't seen announced on previous earnings reports:
1.) In their future outlook, they announce they're essentially scouting mobile game studios for acquisitions.
2.) Between FromSoftware, Spike Chunsoft, Gotcha Gotcha Games, and ACQUIRE, there are 20 titles currently in development.
