Co-development studio Tose has reported a nine-month loss of ¥367 million ($2.28 million) due to numerous projects being cancelled by its clients.
Established in 1979, Tose has a long history as a studio that specialises in working with other publishers and developers.
Some of the titles it worked on recently: Paper Mario: The Thousand-Year Door remake, Final Fantasy Pixel Remaster, Crisis Core: Final Fantasy 7 Reunion, Scarlet Nexus, WarioWare: Move It and Dragon Quest Monsters: The Dark Prince.
It has lowered its sales forecast for the year by 12.5%, saying it expects things to remain uncertain for a while, but notes that it is working on improving its project management and plans to recover its momentum by steadily launching the games it still has in active development.