Financial Performance - Total revenue for the year ended March 31, 2025, was 126,076 million JPY, a decrease of 3.3% compared to the previous year[4]. - Profit before tax was 6,067 million JPY, an increase of 11.6% compared to the previous year[4]. - Net profit attributable to owners for the period was 4,009 million JPY, an increase of 18.5% compared to the previous year[4]. - Basic earnings per share were 5.8 JPY[4]. - Total revenue for the fiscal year ending March 31, 2025, was 126,076 million JPY (approximately 6,560 million HKD), representing a 96.7% increase from the previous year[28]. - Consolidated operating profit for the same period was 10,972 million JPY (approximately 570 million HKD), reflecting a 122.1% increase year-over-year[28]. - Consolidated net profit reached 4,019 million JPY (approximately 208 million HKD), marking an increase of 118.7% compared to the previous fiscal year[28]. - Total revenue for the fiscal year ending March 31, 2025, is projected to be ¥126,076 million, compared to ¥130,363 million for the previous year[53]. - Net profit for the fiscal year ending March 31, 2025, is expected to be ¥4,019 million, up from ¥3,385 million in the previous year, indicating a growth of approximately 18.7%[54]. - Basic earnings per share for the fiscal year ending March 31, 2025, is projected at ¥5.8, compared to ¥4.8 for the previous year, reflecting a 20.8% increase[53]. Gaming Operations - The company operated 427 gaming halls as of March 31, 2025, down from 433 gaming halls the previous year[4]. - The company aims to standardize gaming hall types to control initial operating costs and focus on densely populated areas for new openings[13][14]. - The strategy includes acquiring other gaming hall operators to expand the network under the group[17]. - The company plans to develop new standard gaming halls in small commercial areas with populations between 30,000 and 50,000[14]. - The company emphasizes low-cost operations and multi-hall development to achieve economies of scale in purchasing gaming machines and prizes[11]. - Total betting amount decreased by 1.7% to 552,641 million JPY (approximately 28,754 million HKD) from 562,029 million JPY (approximately 29,060 million HKD) in the previous year[33]. - High-stakes gaming venues saw a slight decrease in total betting amount by 0.2% to 293,460 million JPY (approximately 15,269 million HKD) from 294,033 million JPY (approximately 15,203 million HKD)[34]. - Low-stakes gaming venues experienced a 3.3% decline in total betting amount, dropping to 259,181 million JPY (approximately 13,485 million HKD) from 267,996 million JPY (approximately 13,857 million HKD)[34]. - The company plans to renovate and reduce the number of traditional gaming machines by 115 while increasing the number of slot machines to enhance competitiveness[31]. - The introduction of new popular games, including smart slot machines launched in November 2022, continues to receive customer support, leading to an increase in installation rates[30]. Aircraft Leasing Business - The company acquired a total of 10 owned aircraft, 8 managed aircraft, and 2 ordered aircraft as of March 31, 2025[24]. - The total operating assets of owned aircraft amount to ¥77,232 million, with an average aircraft age of 2.9 years and an average remaining lease term of 5.2 years[24]. - The operating lease yield for owned aircraft is 8.8%, maintaining a high-quality asset portfolio[24][26]. - The company is focused on sustainable growth through its aircraft leasing business, capitalizing on the strong demand for air travel post-COVID-19[22]. - Aircraft leasing business revenue increased by ¥1,224 million (approximately HK$64 million) or 20.8% to ¥7,107 million (approximately HK$370 million) for the fiscal year ending March 31, 2025[43]. - Aircraft leasing expenses increased by ¥941 million (approximately HK$49 million) or 29.0% to ¥4,191 million (approximately HK$218 million) for the fiscal year ending March 31, 2025[45]. Financial Position - Total assets as of March 31, 2025, amounted to ¥366,045 million, an increase from ¥349,386 million in the previous year[55]. - Current assets were reported at ¥60,978 million, up from ¥48,042 million year-over-year[55]. - Total liabilities decreased to ¥305,734 million from ¥297,425 million, indicating a reduction in financial obligations[56]. - The net asset value remained stable at ¥131,336 million compared to ¥131,488 million in the previous year[56]. - The company reported a decrease in cash and cash equivalents to ¥50,109 million from ¥36,024 million, reflecting a significant increase in liquidity[55]. - The company’s non-current assets totaled ¥305,067 million, slightly up from ¥301,344 million[55]. - The company’s total equity attributable to shareholders was ¥131,323 million, a slight decrease from ¥131,485 million[56]. - The company’s current liabilities increased to ¥60,311 million from ¥51,961 million, indicating a rise in short-term financial obligations[56]. - The company’s long-term debt increased to ¥21,083 million from ¥18,425 million, reflecting a strategy to leverage for growth[56]. - The company’s retained earnings were reported at ¥107,343 million, up from ¥106,816 million, indicating a positive trend in profitability[56]. Market Outlook and Strategy - The outlook for the Japanese economy indicates a moderate recovery, although global political instability and inflation may impact future performance[29]. - The company plans to adopt a group tax allocation system starting from the fiscal year ending March 31, 2026, which may impact future tax expenses[80]. - The company has indicated plans for market expansion and new product development, although specific details were not disclosed in the conference call[53]. - The company plans to expand its market presence in Japan and Ireland, focusing on operational growth in these regions[76]. - Future guidance indicates a focus on increasing revenue streams and improving operational efficiency[76]. Corporate Governance - The company adheres to corporate governance principles aimed at enhancing shareholder value through prudent management practices[90]. - The board believes that the company has applied the principles and complied with all applicable governance rules during the reporting period, with some exceptions noted[91]. - The audit committee consists of three independent non-executive directors, responsible for reviewing financial statements and overseeing financial reporting procedures[94]. - The company has established an audit committee in accordance with listing rules to ensure proper governance and oversight[94]. - The board consists of a majority of independent non-executive directors, ensuring a balance of power and authority[92]. - The company has adopted standard rules to prevent insider trading, ensuring compliance by all directors during the reporting period[93]. Miscellaneous - The company has not engaged in any aircraft acquisitions, sales, or disposals during the reporting period[24]. - The company has not recognized or disclosed deferred tax assets and liabilities related to the GloBE rules as per the new international accounting standards[62]. - There are no significant post-reporting date events to disclose[88]. - The company operates under a tax regime that applies global minimum tax rules in certain European and Asian countries, with expected minimal impact[82]. - The company is a wholly-owned subsidiary of Yume Corporation, which is registered in Japan[100].
DYNAM JAPAN(06889) - 2025 - 年度业绩