QualiArts is a Japanese mobile game development studio that is part of the internet company CyberAgent. The last fiscal year (October 2023 - September 2024) was extraordinarily successful for them.
Gakuen Idolmaster
As noted by the portal ITMedia in the studio's documents, by the end of the reporting period, QualiArts achieved a net profit of 3.1 billion yen or approximately $20.16 million. This is a 6214% increase from the previous year. QualiArts' net equity grew by 249.1% over the year to 7.6 billion yen ($49.5 million).
It is believed that the main driver of the studio's revenue growth was the release of the mobile game Gakuen Idolmaster (学園アイドルマスター), created in partnership with Bandai Namco Entertainment. The game was launched exclusively in Japan on May 16, 2024, and within just a week and a half, it surpassed the one million downloads mark. At the end of October, QualiArts officially announced that Gakuen Idolmaster had been downloaded 2 million times. Regarding revenue, according to AppMagic, to date, Gakuen Idolmaster has earned more than $109.4 million from IAP after store fees and taxes.
Earlier, Google named Gakuen Idolmaster as Game of the Year in the Japanese Google Play.