Aiming Nine-Month Operating Profit Falls 38.6% to ¥1.29 Billion Despite Inazuma Eleven Launch; Full-Year Forecast Revised

A new launch against a high base

Aiming Inc. (TSE: 3911) reported consolidated results for the first nine months of FY12/2026, January 1 to September 30, 2026, on October 27, 2026 under Japanese GAAP. Its main business is free-to-play online games, chiefly for smartphones. Inazuma Eleven Cross, a joint venture with Level-5, launched on June 9, 2026, and the company said it drew many players from launch and contributed to earnings. Dragon Quest Tact, co-developed with Square Enix, kept contributing through its sixth-anniversary events, and The Eminence in Shadow: Master of Garden, Ririsa's 2.5 Dimensional Seduction, Legend of the Galactic Heroes: Die Neue Saga and Wind Breaker added steadily through events and new characters. Even so, net sales fell 11.6% and operating profit 38.6% from a year earlier, when operating profit had risen to ¥2,098 million.

Catalog titles, Betimo and development

Logres of Swords and Sorcery: Goddess of Ancient showed lower KPIs after long operation but held a solid level of profit, and contracted development and operation services also supported the revenue base. At equity-method affiliate Betimo, which runs an online keirin betting service, the investment phase continues but betting turnover is building steadily; Aiming made an additional investment in the company on April 28, 2026 to fund more marketing and app features. Research and development spending was ¥800 million, and the company said it is preparing titles due from the next quarter onward. One production committee was removed from consolidation during the period.

Balance sheet, forecast and dividend

Total assets rose 15.1% to ¥10,598 million, mainly on ¥1,370 million more accounts receivable and contract assets, while liabilities grew ¥517 million on higher long-term borrowings; net assets rose 12.7% to ¥7,771 million and the equity ratio was 73.4%. The company revised its FY12/2026 forecast to net sales of ¥14,676 million (−7.3%), operating profit of ¥1,419 million (−31.7%), ordinary profit of ¥1,066 million (−24.4%) and net profit of ¥938 million (−13.6%). It has not paid a dividend for FY12/2025 or so far in FY12/2026, and the year-end dividend forecast remains undecided.

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.