2024-03-19 17:31:14 ET
Summary
- Akatsuki Inc.'s business alliance with Sony and Koei Tecmo aims to increase the reach of their games and lends credibility to their 3D and next-gen shift.
- Akatsuki expectations have been affected by the delay of their TRIBE NINE game launch to make it available for PC. This is not something we prefer.
- Underlying profits have started to improve on the sales stability, fighting against quite a tough comp from last year with some Dokkan LiveOps activity. Atelier doing all right.
- In general, the Akatsuki Inc. investment plan to broaden and deepen the pipeline is clear, and there is no question that the cash balances should no longer be ignored.
Akatsuki Inc. ( AKAFF ) ((3932:TYO)) has performed well since we established out position starting around last June. The situation has been that major catalysts have increased visibility of the stock, and the younger management and their major investment plans that will put their unproductive cash to productive uses are credible....
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Akatsuki: Business Alliances, Upgrading Investment Quality, But TRIBE NINE Delays