[Game Stock Overview (4/25)]Will CyberAgent sell as a disappointment or run out of materials? DLE and Coly will be bought based on Wizardry’s clues. DLE and Coly are also high | gamebiz

The Tokyo stock market fell sharply on April 25th. The Nikkei Stock Average closed the day at 37,628.48 yen, down 831.60 yen from the previous day. In addition to the rebound from the sharp rise on the previous day, there was a sense of caution about the Bank of Japan’s monetary policy meeting, the upcoming U.S. Federal Open Market Committee meeting next week, and the earnings announcements of major companies, making it difficult for the stock to chase the top, leading to a reversal of selling. It is said that it has spread. The decline in high-tech stocks and semiconductor-related stocks was notable.

Under these circumstances, looking at game-related stocks, Drecom <3793> was bought. It has been announced that the remake of the first series of the IP “Wizardry” will be officially released by DIGITAL ECLIPSE on May 23rd. The product is not developed or sold directly by the company, but is licensed.

Coly <4175>, who announced additional information about the anime adaptation of “The Wizard’s Promise”, and DLE <3686>, which announced the acquisition of Amadana Sports Entertainment and the establishment of a joint venture company Esplanade with Boulevard, were also purchased. .

On the other hand, CyberAgent <4751> declined. Although the second quarter results announced on April 24th were positive, with the game business performing well and the media business turning profitable for the quarter, the company has left its full-year earnings forecast for the fiscal year ending September 2024 unchanged at this time. There was a sense of disappointment, and after a round of buying in the morning, the market was pushed down by selling to take profits.

At the financial results briefing held on the same day, President Susumu Fujita commented that while there was a high probability of achieving the full-year forecast, the company would leave its earnings forecast unchanged in order to assess the numbers.

There is a slightly different perspective regarding CyberAgent’s stock price decline. It had already been reported that “Granblue Fantasy Relink” was doing well and ABEMA’s earnings were improving, so it was already factored into the stock price. Furthermore, despite the high progress made, the company’s earnings forecasts were left unchanged, resulting in a lack of surprises and the company running out of materials.

In addition, Nomura Securities maintains the rating for the company’s stock as “Buy” and seems to have raised the target price from 1,350 yen to 1,370 yen.

In addition, Toho <9602> has fallen. There are speculations that Mizuho Securities has maintained its “buy” rating on the company’s stock and raised its price target from 5,900 yen to 6,170 yen.

Additionally, while KLab <3656>, IG Port <3791>, ANYCOLOR <5032>, and Marvelous <7844> hit year-to-date lows, no stocks hit year-to-date highs.