debt_leverage_profile
Net cash positive; minimal long-term debt; ~¥30–40B cash reserves typical for Koei Tecmo Holdings, low leverage risk
Inferred
Agent_Inference
interest_rate_sensitivity
Low sensitivity; minimal floating-rate debt exposure; 20bp rate rise has negligible direct interest expense impact
Inferred
Agent_Inference
geopolitical_supply_exposure
High intensity; European gas dependency on Russia exposed structural energy security vulnerabilities.
Medium
GICS-commodity-overlay-v1
supply_chain_dependency
Japan–China digital distribution dependency; Taiwan semiconductor supply for console hardware partners (Sony, Nintendo)
Inferred
Agent_Inference
international_expansion_readiness
Moderate exposure; USD/JPY volatility primary risk (~40% intl revenue), EUR and CNY secondary; yen weakness historically boosts reported revenue
Inferred
Agent_Inference
geographic_footprint
Japan domestic core (~60%), North America (~20%), Europe (~15%), Asia ex-Japan (~5%); USD and EUR devaluation most material
Inferred
Agent_Inference
commodity_exposure_profile
High intensity; commodities: Natural Gas, Coal, Uranium, Crude Oil, Copper (grid), Lithium (storage); geopolitical: European gas dependency on Russia exposed structural energy security vulnerabilities.
Medium
GICS-commodity-overlay-v1
vendor_lock_dependency_score
Sony PlayStation and Nintendo platform storefronts collectively represent critical non-substitutable distribution channels exceeding 30% of sales
Inferred
Agent_Inference
business_model_type_primary
Video game software developer/publisher; self-hosted servers for online titles; cloud dependency manageable with 30-day migration risk moderate
Inferred
Agent_Inference
business_model_type_secondary
Secondary simulation/historical game licensing and romance game (Neoromance) IP; minimal cloud termination existential risk
Inferred
Agent_Inference
switching_cost_profile
Moderate API coupling to platform SDKs (PlayStation, Steam, Nintendo); no single API creates catastrophic lock-in; migration feasible in months
Inferred
Agent_Inference
howey_test_risk_index
Low Howey risk; revenue from software sales and licensing does not constitute investment contracts; no token/crypto revenue stream
Inferred
Agent_Inference
regulatory_burden_tier
Very High
Medium
GICS-regulatory-overlay-v1
data_sovereignty_risk
Moderate GDPR/CCPA exposure via online game player data; Japanese APPI primary framework; EU data localization for European player base required
Inferred
Agent_Inference
antitrust_exposure_flag
Low antitrust risk; niche historical/simulation genre; no dominant market share in any global game category exceeding scrutiny thresholds
Inferred
Agent_Inference
regulatory_exposure_profile
Very High burden; regimes: FERC, NERC, EPA, NRC, State PUCs, DOE; Rate-case lag and clean-energy mandates compress returns on regulated asset base.
Medium
GICS-regulatory-overlay-v1
revenue_model_type
Predominantly transactional (~65–70% game sales); recurring ~20–25% via online subscriptions, DLC, and mobile gacha; rest licensing
Inferred
Agent_Inference
monetization_vector
Primary: premium game sales + DLC microtransactions; secondary: mobile gacha, licensing IP (Romance of Three Kingdoms), online subscription fees
Inferred
Agent_Inference
pricing_architecture
Premium titles ¥7,000–9,000; DLC bundles; mobile free-to-play with gacha; pricing power moderate—genre fans price-inelastic for key franchises
Inferred
Agent_Inference
pricing_power_rating
Moderate; Dynasty Warriors and Nobunaga's Ambition franchises command loyal premium pricing; limited mainstream pricing ceiling vs. AAA competitors
Inferred
Agent_Inference
target_gross_margin_bracket
Estimated 60–70% gross margin; software publishing model with high fixed development cost but low marginal distribution cost digitally
Inferred
Agent_Inference
churn_vulnerability_index
Low free-rider leakage; premium upfront model dominates; online titles have subscription gating; piracy risk moderate in Asian markets
Inferred
Agent_Inference
headcount_cost_structure
Sublinear growth model; additional game titles leverage existing IP and engine; doubling revenue does not require doubling headcount; ~2,000 employees
Inferred
Agent_Inference
marginal_cost_of_growth
Low marginal cost for digital distribution; incremental DLC and sequels on existing IP have high contribution margin; scalable without proportional headcount
Inferred
Agent_Inference
franchise_compliance_risk
No traditional franchise network; IP licensing compliance risk low; internal studio model avoids franchise drift; partner publishers monitored contractually
Inferred
Agent_Inference
customer_acquisition_metric
CAC primarily via platform storefronts and trade shows; at 10x scale, platform revenue share (~30%) becomes dominant cost; LTV/CAC ratio favorable for series buyers
Inferred
Agent_Inference
network_effect_present
Weak network effects; multiplayer titles (Nioh, Warriors series) have community stickiness but not true platform network effects; single-player dominates catalog
Inferred
Agent_Inference
asset_efficiency_ratio
AI displacement risk moderate; procedural content generation could reduce historical game asset costs; Koei Tecmo investing in AI tools for efficiency
Inferred
Agent_Inference
recession_resistance_tier
Moderate resilience; gaming benefits from entertainment substitution effect in mild recessions; premium console titles vulnerable in severe downturns
Inferred
Agent_Inference
customer_segment_primary
Core: 25–45 year old male strategy/action gamers in Japan and East Asia with strong historical IP affinity (Romance of Three Kingdoms, Nobunaga)
Inferred
Agent_Inference
customer_segment_secondary
Secondary: female romance game audience (Neoromance series) in Japan; Western action-RPG players via Nioh/Wo Long franchises
Inferred
Agent_Inference
characteristic_occupations
["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "17-0000 Architecture and Engineering Occupations", "23-0000 Legal Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations", "47-0000 Construction and Extraction Occupations", "49-0000 Installation, Maintenance, and Repair Occupations"]
High
SOC-2018/GICS-overlay
agent_automatable_labor_share
0.34 (HIL — ~34% of characteristic roles agent-automatable)
Medium
SOC-2018 + agentic-exposure-v1
capital_expenditure_profile
Capital shifting toward digital infrastructure, online service expansion, and AI development tools; legacy packaged goods capex declining steadily
Inferred
Agent_Inference
sec_cik
null
Inferred
Agent_Inference
ticker
KOEI (TSE: 3635); trading at modest discount reflecting yen volatility and niche genre ceiling, not geopolitical commodity supply risk; P/E ~20–25x
Inferred
Agent_Inference