1. Japan Stocks

  2. •

    Consumer durables

  3. •

    Recreational products
Nihon Falcom Corporation

Nihon Falcom Corporation

TTSE:3723
2,329.00
JPY
+18.00
(+0.78%)
19.02BMarket Cap
Nihon Falcom Corporation
TSE:3723
(Tokyo Stock Exchange)

Recent

price

2,329.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
JPY
119.12
153.08
123.73
179.04
247.2
153.21
142.43
200.04
229.38
238.73
242.86
241.05
246.49
240.63
245.58
254.19
- -
Revenue per Share
15.66
31.24
21.09
42.41
75.28
44.37
37.64
62.51
81.41
97.88
85.19
97.31
99.97
88.65
82.9
87.91
- -
Basic EPS, GAAP
17.55
9.56
61.89
-7.64
68.18
78.4
80.85
10.33
77.11
109.91
165.31
3.76
120.44
87.36
82.35
98.49
- -
Free Cash Flow per Basic Share
2.96
4.92
5.91
4.94
6.89
9.89
6.95
6.94
7.95
9.89
11.96
11.94
19.9
19.92
19.93
19.93
- -
Dividend per Share
162.68
187.79
202.88
240.29
308.57
342.94
373.57
429.08
502.49
590.36
663.55
748.86
858.66
927.32
990.22
1,058.13
1,089.74
Book Value per Share
161.71
187.49
201.97
239.41
307.85
342.41
373.26
428.93
502.38
590.27
663.47
748.76
858.57
927.23
990.1
1,058.02
1,089.64
Tangible Book Value per Share
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Basic Weighted Avg Shares
1,215
1,563
1,272
1,841
2,541
1,575
1,464
2,056
2,358
2,454
2,497
2,478
2,534
2,474
2,525
2,613
- -
Sales/Revenue/Turnover
24.27
34.94
27.51
39.18
51.76
45.59
40.76
47.2
54.73
59.91
54.07
56.89
57.65
53.72
49.12
51.31
- -
Operating Margin (%)
20
8
7
7
6
7
5
6
4
2
3
7
12
14
11
8
- -
Depreciation Expense
160
319
217
436
774
456
387
643
837
1,006
876
1,000
1,028
911
852
904
- -
Net Income, GAAP
37.4
39.97
36.82
38.73
40.62
33.88
33.79
33.65
35.36
31.66
35.24
29.46
34.68
32.21
31.51
32.49
- -
Effective Tax Rate (%)
13.15
20.41
17.04
23.69
30.45
28.96
26.42
31.25
35.49
41
35.08
40.37
40.56
36.84
33.76
34.58
- -
Profit Margin (%)
1,557
1,854
2,024
2,403
3,114
3,355
3,680
4,237
4,879
5,811
6,436
7,428
8,652
9,358
10,024
10,714
10,458
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,659
1,931
2,086
2,470
3,172
3,525
3,840
4,411
5,165
6,069
6,821
7,698
8,827
9,533
10,179
10,877
10,753
Total Equity
10.72
16.13
9.89
17.39
23.6
12.41
10.09
14.63
16.03
16.77
12.69
12.93
11.04
9.39
8.37
8.33
- -
Return on Invested Capital (%)
10.02
17.77
10.8
19.14
27.43
13.62
10.51
15.58
17.48
17.91
13.59
13.78
12.44
9.93
8.65
8.58
- -
Return on Capital (%)
10.02
17.77
10.8
19.14
27.43
13.62
10.51
15.58
17.48
17.91
13.59
13.78
12.44
9.93
8.65
8.58
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
12,171
13,107
19,024

Working Capital

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Mar'26
Total Current Assets
9,727
9,835
11,230
Cash, Cash Equivalents & STI
9,139
9,397
10,723
Accounts Receivable, Net
543
411
478
Inventories
6
6
14
Total Current Liabilities
246
354
772
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.99%
9.83%
6.86%
Free Cash Flow
364.74%
598.41%
19.6%
Net Income, GAAP
9.36%
1.04%
6.04%
Sales/Revenue/Turnover
5.86%
0.94%
3.5%
Total Cash Common Dividend
9.66%
13.32%
-0.01%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
694
320
- -
- -
2,525
2025
- -
- -
- -
- -
2,613
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
29.11
5.63
- -
- -
82.9
2025
- -
- -
- -
- -
87.91
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
19.93
2025
- -
- -
- -
- -
19.93
2026
- -
- -
- -
- -
- -
Similar Companies
Nintendo Co., Ltd. (TSE:7974)
Amer Sports, Inc. (NYSE:AS)
Hasbro, Inc. (NASDAQ:HAS)
Twin Vee PowerCats Co. (NASDAQ:VEEE)
Mattel, Inc. (NASDAQ:MAT)
Bandai Namco Holdings Inc. (TSE:7832)
Business
Nihon Falcom Corporation develops and sells video game software primarily focused on role-playing games, including its flagship series such as The Legend of Heroes and Ys. The company offers game software development for multiple platforms including PlayStation 5, PlayStation 4, Nintendo Switch, the recently launched Nintendo Switch 2, and PC via Steam. It also produces music and video titles related to its game franchises, plans game software, sells related products, and provides various licensing services. Founded in 1981 and headquartered in Tachikawa, Japan, Nihon Falcom operates mainly in the Japanese domestic market but has an expanding presence internationally through collaborations with localization and distribution partners. In the fiscal year ending September 2025, Nihon Falcom reported record profits driven by the strong performance of its Kiseki and Ys series, with revenue increasing 3.5 percent year-over-year to ¥2,612 million and operating profit growing 8.1 percent to ¥1,340 million. Key recent product launches included The Legend of Heroes: Kai no Kiseki – Farewell, O Zemuria for PlayStation platforms; Ys Memoire: The Oath in Felghana for Nintendo Switch; Ys X – Proud NORDICS for Nintendo Switch 2; and Sora no Kiseki the 1st across multiple platforms. The company is also developing new titles such as Sora no Kiseki the 2nd and additional Ys X versions, alongside new original intellectual properties, signaling a strategic shift towards worldwide multi-platform releases and expanded IP creation. Recent corporate actions include a share buyback program authorized in December 2025 to repurchase up to 600,000 shares representing 5.84 percent of issued share capital, which supports the company’s capital policy amid evolving management conditions. Despite a slightly anticipated dip in revenue and profit in the upcoming fiscal year due to development transitions, Nihon Falcom maintains a positive outlook with several projects underway to drive future growth and global expansion.