Akatsuki Inc.

Akatsuki Inc.

AKAFF
Akatsuki Inc.US flagOther OTC
13.72
USD
- -
- -
197.87MMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
418.1
523.75
852.82
1,604.56
2,031.96
2,305.55
2,224.13
1,930.72
1,794.4
1,935.81
1,641.27
862.75
Basic EPS, GAAP
35.48
97.85
243.11
445.23
567.62
476.25
453.82
381.62
98.95
104.01
114.22
12.17
Free Cash Flow per Basic Share
30.77
40.89
231.34
557.86
459.2
453.37
710.17
286.31
341.17
-26.24
228.58
- -
Dividend per Share
- -
- -
- -
- -
50.06
10
60.01
81.13
80.22
81.48
80.29
- -
Book Value per Share
142.32
404.35
583.55
1,028.48
1,528.99
1,990.02
2,372.98
2,739.01
2,766.73
2,989.64
2,603.19
2,631.76
Tangible Book Value per Share
199.86
637.36
708.08
1,224.39
1,710.23
2,168.07
2,557.08
2,803.97
2,856.32
3,246.44
2,876.6
2,862.92
Basic Weighted Avg Shares
10
11
14
14
14
14
14
14
14
12
14
14
Sales/Revenue/Turnover
4,345
5,955
11,548
21,926
28,130
32,048
31,096
26,273
24,336
23,972
23,652
12,410
Operating Margin (%)
13.29
36.06
41.15
48.05
48.47
34.49
36.32
28.35
23.43
11.17
16.56
5.61
Depreciation Expense
65
121
191
501
267
394
258
162
148
173
121
- -
Net Income, GAAP
369
1,112
3,292
6,084
7,858
6,620
6,345
5,193
1,342
1,288
1,646
175
Effective Tax Rate (%)
37.65
33.05
24.31
32.72
34.09
32.99
30
28.67
64.49
41.77
64.09
69.63
Profit Margin (%)
8.49
18.68
28.51
27.75
27.93
20.66
20.4
19.77
5.51
5.37
6.96
1.41
Working Capital
1,789
7,060
10,924
19,566
25,719
26,959
32,259
29,289
33,516
34,262
33,874
34,152
LT Debt
107
409
2,633
5,675
7,808
5,208
4,208
4,200
7,000
6,100
5,100
5,100
Total Equity
2,189
7,302
10,525
16,735
23,756
30,222
35,771
38,234
38,748
40,208
41,454
41,190
Return on Invested Capital (%)
- -
26.19
31.04
35
29.69
20.04
19.38
12.41
4.33
3.19
2.89
0.45
Return on Capital (%)
- -
32.28
41
38.59
31.63
20.5
17.21
13.02
3.04
2.86
3.78
0.39
Return on Common Equity (%)
- -
36.62
52.67
55.42
44.62
27.12
20.86
14.74
3.59
3.46
4.42
0.46

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
1,000
- -
2,000
LT Borrowings
6,100
- -
5,100
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
- -
14
Market Capitalization
34,168
40,522
32,833

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
39,383
- -
40,522
Cash, Cash Equivalents & STI
30,964
- -
31,938
Accounts Receivable, Net
4,252
- -
6,345
Inventories
626
- -
663
Total Current Liabilities
5,121
- -
6,370
Payables & Accruals
- -
- -
- -
ST Debt
1,000
- -
2,000
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
43.93%
6.69%
3.1%
Free Cash Flow
-45.98%
-241%
-1,113.54%
Net Income, GAAP
42.32%
-14.54%
27.8%
Sales/Revenue/Turnover
23.44%
-5.74%
-1.33%
Total Cash Common Dividend
- -
108.23%
14.67%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,610
7,952
5,270
7,140
23,972
2025
- -
- -
- -
- -
23,652
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-56.57
- -
- -
- -
104.01
2025
- -
- -
- -
- -
114.22
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
81.48
2025
- -
- -
- -
- -
80.29
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Tetsuro Koda
Full Time Employees
539
Sector
Technology
Industry
Electronic Gaming & Multimedia
Address
2-13-30 Oak Meguro Tokyo Japan 141-0021
IPO Date
Dec 9, 2020
Website
aktsk.jp
Business
Akatsuki Inc. engages primarily in entertainment, lifestyle, and solutions businesses centered on mobile games, digital comics, and related digital content in Japan and select international markets. The company develops and operates mobile games including KonMari Spark Joy!, Romancing SaGa Re;universe, August Cinderella Nine, DRAGON BALL Z DOKKAN BATTLE, KAIJU NO. 8 THE GAME, and TRIBE NINE; live experience applications such as EXtreme LIVES; comic platforms like HykeComic and MANGA MIRAI; music and lifestyle apps including JAZZ-ON! and CRAYON; online services such as Slash Gift lottery mall and Kumarba Channel; and investment activities through funds like Emoote Pte. Ltd. for Web3 initiatives. Founded in June 2010 and headquartered at Oak Meguro 8F, 2-13-30 Kamiosaki, Shinagawa-ku, Tokyo 141-0021, Japan, Akatsuki operates through subsidiaries including Akatsuki Games Inc., Akatsuki Solutions Inc., Akatsuki Ventures Inc., Akatsuki Taiwan Inc., HykeComic Inc., and recent additions AI Talent Force Inc. and WOWs in 2025, with approximately 539 employees targeting gamers, comic readers, and lifestyle consumers primarily in Japan alongside global expansion efforts. In recent developments, Akatsuki launched KAIJU NO. 8 THE GAME worldwide on August 31, 2025, following pre-registration in April 2025 and announcement in June 2024; rolled out the U.S. version of digital manga platform MANGA MIRAI in March 2025 in partnership with NTT DOCOMO, Media Do, and MyAnimeList; released TRIBE NINE globally in February 2025 before announcing its cancellation and end of service in May 2025; and integrated AI Talent Force Inc. and WOWs into the group sequentially in August 2025. The company maintains capital and business alliances with Sony Group Corporation and Koei Tecmo Holdings established in December 2023, supporting game development, overseas marketing, IP collaboration, and multi-device live-ops projects. Additional strategic moves include approval for public listings and partial share offerings of portfolio companies LIFE CREATE Co., Ltd. in March-April 2025 and an unconsolidated equity-method affiliate in January 2025, alongside ongoing global IP creation focus initiated in 2020 under CEO Tetsuro Koda.

Company News

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