adminThe revised Koei Tecmo FY26 forecast points to stronger profits after new releases, including Pokémon Pokopia and Nioh 3, performed well in the fourth quarter. The company raised its expectations for both ordinary and operating profit, although it now projects lower net sales than in its previous outlook.
Image credit: Koei Tecmo/Game Freak
Koei Tecmo FY26 forecast: updated figures
For the fiscal year ending in March 2026, Koei Tecmo now expects ordinary profit of ¥55.5 billion ($345.2 million), up from its previous forecast of ¥37 billion ($232.2 million). That represents a 50% increase over the earlier estimate. The company attributed the revision in part to gains from investment activities.
Operating profit is projected at ¥36 billion ($225.9 million), a 16.1% increase from the prior forecast of ¥31 billion ($194.5 million). In contrast, expected net sales have been revised down 4.9%, from ¥92 billion ($577.5 million) to ¥87.5 billion ($549.2 million).
These figures describe different parts of the company’s results. Operating profit reflects earnings from business operations, while ordinary profit also includes non-operating income and expenses. Koei Tecmo said active market management contributed to significant gains in the latter category.
New releases lift fourth-quarter expectations
Koei Tecmo said that new games released in the fourth quarter, along with other titles that exceeded initial plans, prompted it to revise its consolidated forecast for net sales and operating profit. The company also raised its forecasts for ordinary profit and profit attributable to owners of the parent because of the gains from non-operating items.
According to the company, net sales, ordinary profit and profit attributable to owners of the parent are expected to reach record highs. The revised outlook does not provide a specific updated amount for profit attributable to owners of the parent, so it should not be confused with the separate ordinary-profit estimate.
Nioh 3 sales
Nioh 3 launched on February 6 and sold more than one million copies across all platforms. Koei Tecmo described it as the fastest-selling entry in the series. Strong sales from a new release can contribute to a better quarterly outlook, though the company’s forecast also accounts for other titles and non-operating gains.
Pokémon Pokopia sales and reception
Pokémon Pokopia launched on March 5 and sold more than 2.2 million copies in its first four days. After the game’s release, Nintendo’s share price climbed by as much as 10.5%, its largest increase since April 2025. The spin-off received generally favorable reviews, with critics highlighting the franchise’s move into the life-simulation genre.
When comparing the forecast with Koei Tecmo’s eventual results, keep the reporting period in mind: these are estimates for the fiscal year ending in March 2026, not confirmed final figures. The company’s revised outlook combines game performance with investment-related income, so profit growth does not necessarily mean net sales will also rise.
What the Koei Tecmo FY26 forecast means
The Koei Tecmo FY26 forecast signals stronger expected profitability despite a lower sales estimate. Nioh 3 and Pokémon Pokopia were among the new releases cited in the update, while investment-related gains also supported the increased ordinary-profit projection. Readers assessing the company’s performance should consider net sales, operating profit and ordinary profit separately, and compare the forecasts with final reported results when they become available.
