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The latest update is out from Kadokawa Corporation ( (JP:9468) ).
Kadokawa Corporation has announced an extraordinary loss due to the amortization of goodwill related to its subsidiary, Doga Kobo Inc., amounting to 2,700 million yen. This financial adjustment, coupled with underperformance in the Publication/IP Creation and Animation/Film segments, has led to a downward revision of the company’s full-year consolidated earnings forecast for the fiscal year ending March 2026. Despite the successful sales of the new game title ELDEN RING NIGHTREIGN, increased costs and lower-than-expected revenue from new IPs have impacted the company’s financial outlook.
The most recent analyst rating on (JP:9468) stock is a Hold with a Yen3609.00 price target. To see the full list of analyst forecasts on Kadokawa Corporation stock, see the JP:9468 Stock Forecast page.
More about Kadokawa Corporation
Kadokawa Corporation operates in the entertainment industry, focusing on the planning, production, and sales of animation, gaming, and publication/IP creation. The company is known for its diverse portfolio of media and content offerings, catering to both domestic and international markets.
Average Trading Volume: 709,176
Technical Sentiment Signal: Buy
Current Market Cap: Yen473.4B
See more data about 9468 stock on TipRanks’ Stock Analysis page.