News - CTW Inc.

Home News

"The Apothecary Diaries Palace Chronicles" is finally here!

Together with the game release is a special video to celebrate, featuring Maomao (voiced by Aoi Yuuki) and Jinshi (voiced by Takao Otsuka), now live! CTW is officially launching G123's latest game "The Apothecary Diaries Palace Chronicles" today. Based on the hit anime "The Apothecary Diaries," this browser game is now available to play on smartphones, tablets, and PCs with no downloads required. Enjoy casual gameplay anytime, anywhere with the convenience of browser-based gaming. In the game, follow protagonist Maomao as she navigates the Imperial Court and pleasure district, solving mysterious incidents one after another. Use her apothecary knowledge and carefully prepared medicines to crack cases while advancing through each stage in this engaging simulation game. The game also features an original "Medical Office" system where you can use in-game items to upgrade and develop your facilities. Strategic planning around item collection and facility enhancement lets you create your own unique management style for deep, rewarding progression. Experience the captivating world of "The Apothecary Diaries" through "The Apothecary Diaries Palace Chronicles!" Play now ■ Release celebration video now on YouTube! Check out the official launch video featuring Maomao (voiced by Aoi Yuuki) and Jinshi (voiced by Takao Otsuka) on the official G123 YouTube channel. Watch now ■ Recruit Collaborators and gather herbs! Team up with beloved male characters from the anime—including Jinshi and Gaoshun—to collect herbs. Cultivate the herbs you gather into superior materials, then cooperate with other players to create concoctions and earn exciting rewards. ■ Develop the Medical Office with your Allies! Female characters including Xiaolan and Yinghua appear as allies who help liven up the Medical Office by gifting items and developing skills. Work alongside your allies to grow and enhance the Medical Office. ■ Limited time only! Get UR Xiaolan now! Claim Xiaolan (UR) as an ally, plus other amazing items as part of our pre-registration rewards! We hope these will help your progress in the game! ■Basic Info The Apothecary Diaries Palace Chronicles Type: Simulation Price: Basic free (in-game item paid) Play now Play now ■About the TV Anime "The Apothecary Diaries" With more than 45 million copies sold worldwide, “The Apothecary Diaries” stands as one of the most successful and beloved series to date. Since the anime first premiered in October 2023, the series has captivated audiences with Maomao’s distinctive charm, cleverly woven mysteries, and a richly atmospheric and exotic world. Its sophisticated storytelling and broad appeal have earned it acclaim from viewers of all ages. The anime marked its second anniversary on October 22, 2025, alongside the exciting announcement of both a third TV anime season and the franchise’s first-ever movie release. Season 3 is scheduled to air in a 2-part season beginning in October 2026, with the movie set to premiere in December 2026. Official Website ©Hyuganatsu, Imagica Infos/“The Apothecary Diaries” Project ©CTW, INC. All rights reserved.

2026-06-15

CTW to Participate and Present at Planet MicroCap Las Vegas 2026

TOKYO, JAPAN, June 11, 2026 – CTW (Nasdaq: CTW) ("CTW" or "the Company"), a leading game platform company providing global access to web-based games through its flagship platform, G123.jp, today announced that Patrick Liu, Chief Financial Officer, will participate in MicroCapClub’s Planet MicroCap Las Vegas 2026 investment conference, being held from June 16-18 in Las Vegas, Nevada. Mr. Liu will additionally host a presentation on Wednesday, June 17 at 12:30pm PT.Event and Presentation DetailsDates: June 16-18, 2026Location: Bellagio Resort & Casino, Las Vegas, NVAttendees: Patrick Liu, CFOPresentation: Wednesday, June 17 at 12:30pm PTMr. Liu will be available for one-on-one meetings throughout the conference. Attending investors interested in meeting with the CTW team should contact their MicroCapClub representative, or email investor@ctw.inc.

2026-06-12

“Tycoon Returner” Official Game Release!

Rewrite your destiny! Rise to power in this simulation game! CTW has officially launched "Tycoon Returner," a bold new simulation game where fortune favors those who already know the future, on the G123 game platform. ■ Build your empire through business and investment, and claim your place as the world's richest tycoon! Armed with memories of the future, you travel back 20 years to rewrite your destiny. In "Tycoon Returner," every decision carries the weight of what you already know, and the thrill of what you choose to change. Along the way, meet a cast of compelling companions as you grow your influence and leave your mark on the world. Develop your company, make high-stakes investments, and build a conglomerate from the ground up, all while leveraging knowledge no one else has. This is a modern-day power fantasy where bold strategy meets a second chance at everything. Play now Tycoon Returner Type: tycoon games, Isekai Price: Basic free (in-game item paid) Play now Play now

2026-05-29

CTW Announces Financial Results for First Half of Fiscal 2026

TOKYO, JAPAN, May 13, 2026 – CTW (Nasdaq: CTW) (“the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, reports financial results for the six months ending January 31, 2026 (“1H26”), highlighting the resilience of its asset-light operating model, which drove significant improvement in segment profitability and Adjusted EBITDA despite modest year-over-year revenue softness.  1H26 Financial and Business Highlights  Revenue of $40.9 million in 1H26, a decline of 1% from $41.2 million in the six months ended January 31, 2025 (“1H25”) Segment profit increased 55% year-over-year and Adjusted EBITDA increased 16% year-over-year, demonstrating the flexibility of CTW’s asset-light operating model and disciplined marketing optimization Launched seven new games on G123.jp; Crayon Shinchan My Sugoroku Great Strategy has become one of the Company’s largest titles by in-game purchases 35 games were live on G123.jp as of January 31, 2026, with 6 titles in pre-registration and 20 in backlog Opened a New York office to support marketing, partnerships, and user acquisition for international expansion  Comments from Ryuichi Sasaki, Founder, CEO, and Chairman of CTW “Gross in-game purchases and revenue each declined by 1% in the first half of fiscal 2026 compared to the first half of fiscal 2025, primarily due to softer-than-expected monetization from new titles, ongoing lifecycle trends in legacy games, and moderated player engagement. While these results fell short of our expectations, the period demonstrated the resilience and adaptability of our operating model.  CTW’s platform is designed to react quickly to changing user behavior and monetization trends. During the period, we identified underperforming titles early and proactively reduced marketing and advertising spend, which preserved profitability and strengthened segment margins. We believe this disciplined, return-focused approach is a key differentiator for CTW.  Looking ahead, we are optimistic about the opportunities in front of us. We have already launched several new titles in the second half, including High School of the Dead and Kakegurui ALL IN, and early engagement trends are encouraging relative to our first half releases. Our upcoming content pipeline includes additional well-known anime franchises that we believe are better aligned with user demand and support strong monetization going forward.  We also continue to prioritize international expansion as a major strategic initiative. While Japan remains our largest market, we see substantial long-term potential in other regions, such as North America. Earlier this year, we established a New York City presence to support localized marketing efforts, potential strategic partnerships, and broader user acquisition initiatives. We believe our browser-first gaming ecosystem, which allows players to access games instantly across devices without downloads, is uniquely positioned within the evolving global gaming market. While the first half presented challenges, we believe CTW is still in the early stages of a much larger growth opportunity, supported by a scalable platform, a strengthening content pipeline, an expanding global footprint, and broadening global interest in anime culture.”  Results for 1H26 Revenue decreased 1% year-over-year to $40.9 million, primarily reflecting underperformance of new launches in the period, normal lifecycle trends of legacy games, and softer player engagement.  Segment profit* increased 55% year-over-year to $18.0 million (37.1% of in-game purchases) as compared to $11.6 million in 1H25 (23.7% of in-game purchases), demonstrating meaningful margin expansion despite slightly lower in-game purchases. The improvement was driven by lower advertisement expenses ($18.8 million in 1H26 vs. $24.7 million in 1H25) and lower revenue share with game developers and IP holders ($8.2 million in 1H26 vs. $9.5 million in 1H25) and partially offset by higher server costs ($1.4 million in 1H26 vs. $0.9 million in 1H25) and slightly lower consolidated in-game purchases ($48.6 million in 1H26 vs. $49.1 million in 1H25).  Net Loss was $1.2 million, or $(0.02) per share, compared with net income of $0.6 million, or $0.01 per share, in 1H25, reflecting increased public company and infrastructure costs.  Adjusted EBITDA** was $4.3 million (10.5% of revenue), a 16.0% increase from $3.7 million in 1H25 (9.0% of revenue).  * Further clarification and explanation of Segment profits can be found in the Segment Reporting section of the press release and at ctw.inc/investors.  ** Further clarification and explanation of non-GAAP measures and reconciliation to the most comparable GAAP measure can be found in the “U.S. GAAP Reconciliation of Non-GAAP Adjusted Results” section of the press release and at ctw.inc/investors.  CTW remains focused on improving content performance, expanding internationally, and maintaining disciplined capital allocation as it enters the second half of fiscal 2026.  Earnings Conference Call and Webcast  Management will host an earnings webcast at 8:30 a.m. ET on Wednesday, May 13, 2026 to review the Company’s financial results and provide a general corporate update. Interested investors can register for the webcast here.  The Company has posted a supplemental slide presentation at ctw.inc/investors. Investors are encouraged to review these materials in conjunction with this press release. CTW 1H2026 Supplemental Slides.pdf

2026-05-13

CTW Shareholders Approve Corporate Name Change at 2026 Annual General Meeting

TOKYO, JAPAN, May 12, 2026 -- CTW (Nasdaq: CTW) (the “Company”, formerly CTW Cayman), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, today announced that shareholders approved all proposals at the Company’s Annual General Meeting held in Tokyo, Japan on May 7, 2026. Approved resolutions included:  Changing the Company’s corporate name to CTW; Adopting the Company’s Second Amended and Restated Memorandum and Articles of Association; and Authorizing related actions to implement the above proposals.  "Today's approvals represent an important milestone in the company's evolution as we continue building a global platform for anime-inspired web gaming," said Ryuichi Sasaki, Founder, CEO, and Chairman of CTW. “Our simplified corporate name reflects our long-term vision. 'CTW' stands for 'Change the World', a philosophy that has guided us since our inception. I started this company from scratch with nothing but the hope that CTW will leave a profound, positive impact on humanity. This name both represents and reaffirms that same ambition, as we continue to create experiences that foster and facilitate connections between people, communities, and the stories that bring them all together.”  The Company’s Class A ordinary shares are expected to begin trading under the new corporate name “CTW” upon the commencement of trading on the Nasdaq Capital Market on May 13, 2026 (U.S. Eastern Time). The Company’s ticker symbol CTW and CUSIP number will remain unchanged.  No action is required from shareholders with the name change, and the name change is not expected to impact the Company’s business operations or financial condition.

2026-05-13

CTW to Announce First Half of Fiscal 2026 Financial Results on May 13, 2026

TOKYO, JAPAN, May 5, 2026 – CTW (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, announced that it will release its financial results for the six months ended January 31, 2026 before market open on May 13, 2026. Management will also host an earnings webcast at 8:30am ET on May 13, 2026 to review financial results and provide a general corporate update. Interested investors can register for the webcast here.

2026-05-06

[CTW Cayman] "HIGH SCHOOL OF THE DEAD DAY 0" is out now!

Start now and claim amazing items worth approx. $600! CTW Cayman is pleased to announce that its subsidiary CTW Inc. (Tokyo, Japan) has officially launched G123's latest game "HIGH SCHOOL OF THE DEAD DAY 0" today. This is a new browser game based on the hit 2010 TV anime "HIGH SCHOOL OF THE DEAD." Players take on the role of the hero, Takashi Komuro, and explore a world overrun by "Them". It’s a never-ending journey for survival! Simple controls right at your fingertips make for easy gameplay, but player choices can determine strategic battle outcomes. Enjoy the thrill of an incomparable survival experience. Play Now Campaigns & Events ① Official Release Celebration! Free item giveaway to all users, worth approx. $600! In celebration of the official game release, items worth approx. $600 will be given away for free! Claim lots of amazing rewards useful for progressing in the early stages of the game, including an exclusive Saeko Busujima Skin. This is the perfect opportunity to immerse yourself in the world of DAY 0! ② Premium Login Bonus Ongoing! Check out the campaign on X in celebration of the official game release. Start playing the game from certain indicated posts to claim special phone wallpapers featuring game-exclusive character art! The featured character changes daily so be sure to join every day to grab them all! Official X Survive the extreme in this roguelike tower defense game! "HIGH SCHOOL OF THE DEAD DAY 0" is a roguelike tower defense game where players will fight for survival in an extreme world devastated by "Them". Simple controls are at your fingertips to enjoy, and roguelike elements can change the tides of battle every playthrough. Experience new strategies and thrills every time you play! By increasing your player level, you will be able to recruit more Allies, who can all be unlocked even without making any in-game purchases. So train your favorite Ally as you like and create your very own ultimate party. On top of that, this game is available on web browsers of smartphones, tablets, and PCs. There are no downloads required so you can play depending on your lifestyle: extensively on PC at home, or casually on smartphone while you’re out. Basic Game Info HIGH SCHOOL OF THE DEAD DAY 0 Supported Languages (Planned): Japanese, English, Traditional Chinese, Korean Price: Basic free (in-game item paid) Play Now Play Now What is the TV anime "HIGH SCHOOL OF THE DEAD"? An anime adaptation of the popular manga by Daisuke Sato,Shouji Sato. Fujimi High School has been turned into a crucible of hell by intruders - "Them"! They attacked, ate and infected people throughout the school. In the school that has become a living hell, Takashi Komuro, his childhood friend Rei Miyamoto, and his best friend Hisashi Igou take refuge. However, Hisashi got bitten by "Them" while protecting Rei, and turns into one of "Them"... The remaining two survivors join up with their classmates: Saya Takagi, Kota Hirano, the kendo club leader Saeko Busujima, and the school doctor Shizuka Marikawa. They are determined to escape the school! Is there any way for them to survive? ©DAISUKE SATO・ SHOUJI SATO / FUJIMI SHOBO / H.O.T.D Project ©CTW, INC. All rights reserved. ※All company names and product names mentioned are trademarks or registered trademarks of their respective owners.

2026-04-28

[CTW Cayman] Pre-registration For New Game "Petals of Reincarnation BLOOM" Begins Today!

Hit TV anime "Petals of Reincarnation" is getting its first online game adaptation! CTW Cayman is pleased to announce that its subsidiary CTW Inc. (Tokyo, Japan) has officially opened the pre-registration for G123's latest game “Petals of Reincarnation BLOOM” today. As protagonist Toya Senji, a Transmigrants from the "The Sacred Grove of the Greats," players face off against Sinners. Automated battles allow focus on strategy, development, and formation. Accessible on smartphone or PC browser without installations or downloads! [How to Pre-register] Official X Official Game Website Power Up Toya Senji and Face the Sinners! Within Neumann's digital space, players guide protagonist Toya Senji through missions alongside allies and supporters in the battle against the Sinners. Customize your progression with a variety of enhancement options—including gear, talents, and weapons—to create a unique development strategy. Experience gameplay that seamlessly blends idle MMORPG accessibility with the rich narrative world of “Petals of Reincarnation.” Basic Game Info Petals of Reincarnation BLOOM Genre:Idle MMORPG Price: Basic free (in-game item paid) Pre-register now Pre-register now What is the TV Anime "Petals of Reincarnation"? “In the cycle of reincarnation, talents of past will be born anew.” By severing one's own neck, individuals can unlock the talents of their past lives through the "The Branch of Reincarnation." Protagonist Toya Senji has spent his life in the shadow of his exceptional older brother, burdened by feelings of inadequacy and a perceived lack of talent. Academics became his refuge—achieving consistent top-100 nationwide test scores—yet satisfaction remains elusive. One fateful day, he witnesses his classmate, Haito Luo Buffett—a Transmigrants who gained past-life talents through the "The Branch of Reincarnation"—locked in combat with a serial killer. ©Mikihisa Konishi/ MAG Garden Corporation・Petals of Reincarnation Production Committee ©CTW, INC. All rights reserved.

2026-04-23

CTW Cayman to Hold Annual General Meeting on May 7 , 2026 : Shareholders to Vote on Corporate Name Change and Amended Articles

TOKYO, JAPAN, April 17, 2026 -- CTW Cayman (Nasdaq: CTW) (“CTW” or the “Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, today announced that it will hold an annual general meeting of shareholders (the “AGM”) on May 7, 2026 at 10:00 AM (Tokyo time) at ARK Hills Sengokuyama Mori Tower, 29F, 1-9-10, Roppongi, Minato City, Tokyo, Japan. At the AGM, shareholders will be asked to consider and vote on several proposals, including: Changing the Company’s corporate name to CTW to align with its global brand and Nasdaq ticker symbol   Adopting the Company’s Second Amended and Restated Memorandum and Articles of Association   Authorizing related actions to implement the above proposals    The Board of Directors unanimously recommends that shareholders vote FOR all proposed resolutions.   Shareholders of record at the close of business on April 8, 2026 (Cayman Islands time) are entitled to attend and vote at the AGM and any adjournment or postponement thereof. The Notice of AGM and proxy materials are available on the Company’s investor relations website at ctw.inc/investors and have been furnished to the Securities and Exchange Commission on Form 6-K. 

2026-04-17

[CTW Cayman] Official game release for G123's latest game "Cute High Earth Defense Club Love Macho" today!

The long-awaited title boasting over 200,000 pre-registrations is finally here! CTW Cayman is pleased to announce that its subsidiary CTW Inc. (Tokyo, Japan) has officially launched G123's latest game "Cute High Earth Defense Club Love Macho" today. Enjoy the hit anime “Cute High Earth Defense Club” with this brand-new tower defense and training game!Join unique allies as they save the Earth with the power of “love”—now playable as a browser game on G123! Play Now Tap to repel Monsters! Assemble your very own “Defense Club”! Gameplay is simple. Tap to attack the oncoming monsters and protect your base! Face off against familiar foes from the anime, now brought to life in the game. Team formation is completely in your hands. Choose up to five Defense Club members from across the generations of the Cute High Earth Defense Club series, plus one Mascot of your choice, and create the ultimate team with your favorite allies! Play Now No download required! Play “Cute High Earth Defense Club Love Macho” anytime and anywhere in your web browser! "Love Macho" is available exclusively on the G123 game platform! This title is a browser game you can enjoy on your smartphone, tablet, or PC web browser. With plenty of idle features perfect for short breaks, you can play thoroughly on PC at home or casually on your smartphone while out. Enjoy various play styles! Game Info Cute High Earth Defense Club Love Macho Type: pre-registration Price: Basic free (in-game item paid) Start the game Start the game What is the “Cute High Earth Defense Club” series? “Cute High Earth Defense Club LOVE!” first aired in January 2015 and became a hit! Its follow-ups, “Cute High Earth Defense Club LOVE! LOVE!” and “Cute High Earth Defense Club HAPPY KISS!”, continued to deliver love and happiness to fans everywhere. The series celebrated its 10th anniversary with the theatrical film “Cute High Earth Defense Club ETERNAL LOVE!” in January 2025, and the brand-new TV series “Cute High Earth Defense Club Hi-CARA!” has started airing. Don’t miss out on all the fun and excitement as the series reaches this milestone! ©KURARI UMATANI/KUROTAMAYU promotion association ©CTW, INC. All rights reserved.

2026-04-16

Article image for: [CTW Cayman] The Flame-Haired Red-Hot-Eyed Hunter Returns! Classic Series Now A Game―Pre-register Now For “Shakugan no Shana: Blaze Edge!”

[CTW Cayman] The Flame-Haired Red-Hot-Eyed Hunter Returns! Classic Series Now A Game―Pre-register Now For “Shakugan no Shana: Blaze Edge!”

All pre-registered users will get a free phone wallpaper featuring game-exclusive artwork! CTW Cayman is pleased to announce that its subsidiary CTW Inc. (Tokyo, Japan) has officially opened the pre-registration for G123's latest game based on the popular Dengeki Bunko series, "Shakugan no Shana Blaze Edge" (hereafter referred to as 'Shana Blaze'), today. Shana races across the world once more in celebration of the TV anime’s 20th anniversary! The hit series 'Shakugan no Shana' will mark the 20th anniversary of its TV anime debut in October 2025, and will get its very own web browser game spin-off: “Shakugan no Shana: Blaze Edge.” Ahead of the official release, the game’s social media channels are now live, and pre-registration is open! Pre-registration is live! Get an exclusive phone wallpaper! Sign up now through the official social media channels! Everyone who pre-registers will get a free phone wallpaper featuring exclusive in-game artwork. Don’t miss out! ■ How to Pre-register WhatsApp X (Twitter) the official website Game-exclusive art reveal! We’re pleased to share two brand-new artworks created exclusively for the game! The featured characters are just the beginning—more will be revealed soon on our official social media channels. Enjoy these all-new visuals that bring the world of the game to life, for both fans and newcomers alike! ▲ Shana A Flame Haze who hunts Crimson Denizens, her hair and eyes blazing red in battle. Raised for combat, she once knew nothing of the world—until her encounter with Yuji Sakai taught her about life and emotions. ▲ Yuji Sakai A boy who was devoured by a Crimson Denizen, leaving him a "Torch." He grapples with his fate but fights alongside Shana to protect the city. Sharp and perceptive, yet hopelessly clueless about romance. Basic Game Info Shakugan no Shana: Blaze Edge Type: pre-registration Price: Basic free (in-game item paid) Pre-register now Pre-register now What is the TV anime 'Shakugan No Shana'? A school meets supernatural battle fantasy based on the light novel series by Yashichiro Takahashi. Ordinary high school student Yuji Sakai’s life changes forever when he encounters Shana, a girl with flaming hair and red-hot eyes—and is thrown into a fierce battle with beings who devour human existence called the Crimson Denizens… © YASHICHIRO TAKAHASHI/ASCII MEDIA WORKS/「SHAKUGAN NO Shana F」COMMITTEE ©CTW, INC. All rights reserved.

2026-04-08

[CTW Cayman] “In Another World with My Smartphone: Fantasia Connect” Official Game Release!

Start now and claim “SSR+ Goddess of Love” and “SSR+ Yae!” CTW Cayman is pleased to announce that its subsidiary CTW Inc. (Tokyo, Japan) has officially launched G123's latest game "In Another World with My Smartphone: Fantasia Connect" today. The game, also called “IseConnect” for short, is an idle battle RPG based on the hit anime "In Another World with My Smartphone 2." Build your team and power up gear and skills as you explore another world. Gather resources while idle, grow stronger, and enjoy thrilling battles with ease. Train however you want. Raise your favorite heroines and show off your results in ranking modes. Start Game Limitless Progression Meets Deep Strategy—Craft Your Own Isekai Adventure Experience unparalleled character customization where no two players build the same way. Mix and match your favorite heroines with equipment and skills to create a party that's uniquely yours. The idle progression system works for you, gathering resources efficiently while you're offline—no grinding required. Spend your time on what matters: battles and strategic development that fits seamlessly into your busy lifestyle. Take your optimized party into PvP arenas and competitive modes to prove your tactical mastery through rich, strategic combat. ■Pre-registration Rewards To celebrate surpassing 100,000 sign-ups, all users will get SSR+ Goddess of Love and SSR+ Yae. These allies will be sure to boost your power in the initial stages of the game so be sure to grab them! No downloads needed! Play your way! Plus, this game can be played on web browsers across smartphones, tablets, and PCs. No download required—"dive deep on PC at home" or "play casually on your phone when you're out"—enjoy the world of In Another World With My Smartphone 2 anytime, anywhere, fitting your lifestyle. ■Basic Game Info In Another World with My Smartphone: Fantasia Connect Type: new games Price: Basic free (in-game item paid) Game play now Game play now ■What is the TV anime "In Another World with My Smartphone 2"? In this isekai romantic comedy, Touya Mochizuki starts a new life in another world with his smartphone after dying due to God’s mistake. Now on its second season, new bride candidates join, filling the lives of Touya and the nine heroines with adventure, romance, and excitement! With cheat-level abilities and a smartphone somehow usable in another world, they unravel mysteries of ancient civilizations and secrets of the world. Be charmed by the carefree, chaotic journey alongside a unique cast of colorful heroines. Official site Official X (Twitter) © PF, HJ/IAWWMS2 ©CTW, INC. All rights reserved.

2026-04-07

CTW Launches Kakegurui ALL IN, Advancing its Pipeline of Additional Game Releases

TOKYO, JAPAN, March 23, 2026 – CTW Cayman (Nasdaq: CTW) ("CTW" or "the Company"), a leading game platform company providing global access to web-based games through its flagship HTML5 platform G123.jp today announced that its subsidiary CTW Inc. has officially launched the new game Kakegurui ALL IN based on the popular television anime. This latest game launch is expected to be followed by the launch of additional new games from the Company’s pipeline over the coming months. Players will be able to enjoy these games on any mobile, PC, or tablet device at G123.jp, which offers free browser games without the need to register or download any game-specific app.  Kakegurui ALL IN is based on the acclaimed manga and anime series that follows students at Hyakkaou Private Academy, an elite institution where social hierarchy is determined by gambling prowess. The series has garnered significant international recognition through its manga serialization, multiple anime seasons, and live-action adaptations. The game brings the franchise's signature high-stakes psychological warfare and strategic gameplay to G123, allowing players to experience the intense risk-and-reward dynamics that have made the franchise a global success.“The launch of our latest game, Kakegurui ALL IN, based on a highly popular manga and anime property with a massive global fan base, is part of the continued expansion of engaging, browser-based games available on our flagship platform G123.jp,” said Ryuichi Sasaki, Founder, CEO, and Chairman of CTW Cayman. “Since the debut of the TV series a decade ago, Kakegurui has developed a strong and passionate global following, with increasing traction among Western audiences supported by global streaming distribution and recent localized adaptations. We believe this title will resonate strongly with players seeking high-quality gaming experiences.”Mr. Sasaki continued, “This launch reflects our core strategy of securing licenses for compelling intellectual property and expanding our portfolio with games that appeal to diverse player preferences. We currently have 36 titles on G123.jp, including Doraemon Comic Traveler and Crayon Shinchan My Sugoroku Great Strategy, titles that are each based on legendary anime characters, and we expect to continue to grow our game library with additional popular franchises this year.”In addition, the Company recently launched Miss Kobayashi's Dragon Maid Fantasia and expects to launch High School of the Dead Day 0 and Cute High Earth Defense Club Love Macho in the near term. Miss Kobayashi's Dragon Maid Fantasia is based on the popular manga that includes an anime movie released in 2025. In this new role-playing game, Miss Kobayashi and her friends are trapped in the game world by a bug, and players need to help them escape.  High School of the Dead Day 0 is a survival tower defense game based on the hit anime High School of the Dead. Players step into the role of protagonist Takashi Komuro and fight for survival in a collapsing world overrun by "them" — all while building and expanding their own base of operations. Players recruit a cast of unique characters and take on highly strategic tower defense battles with their own custom party.  Cute High Earth Defense Club Love Macho is a tower defense game that throws the power of love at attacking monsters. This is the first game adaptation of the popular anime series Cute High Earth Defense Club, which included a television show that was first broadcast in 2015. All of the characters from the series are slated to appear in the game.

2026-03-24

[CTW Cayman] “Kakegurui ALL IN” Official Game Release!

A new high-stakes arena is unveiled. Enter the mind game of all-or-nothing! CTW Cayman is pleased to announce that its subsidiary CTW Inc. (Tokyo, Japan) has officially launched G123's latest game "Kakegurui ALL IN." Based on the hit TV anime "Kakegurui," "Kakegurui ALL IN" is finally here! The game runs directly on web browsers for smartphones, tablets, and PCs. No app download is required. Enjoy the ease of browser gaming combined with the intense mix of strategy and luck that defines a brand-new Kakegurui experience. Start the game here Be sure to check out the official release video on the official G123 YouTube channel! Watch here ■ Roll the dice and advance—A strategic sugoroku game! In this game, roll the dice to move across the board, using the coins and items you collect to outwit your rivals. Events triggered on each tile require a wide range of decisions, from adjusting your wager based on your item count, to choosing your opponent. Collecting enough in-game collections also unlocks new items and bonuses to unveil even more strategic options. ■ Collect cards with friends! Collect and enjoy memorable anime scenes in “Card Album.” Complete all cards in the same category during event periods to earn rewards. Trade duplicate cards with other players! Work with friends to fill in missing scenes and complete your album. The Card Album system is even more fun when played together! ■ Exclusive in-game costumes with brand-new art! One of the game’s standout features is its rich variety of collectible elements. Look forward to exclusive costumes featuring newly drawn art in-game! All costumes and cards obtained through gameplay can be earned completely free. Enjoy the satisfying experience of expanding your collection piece by piece. ■ Get 100 Dice and Card Packs for a limited time only! All players can claim 100 dice for advancing through the board as part of the pre-registration rewards, along with three types of card packs for collecting. Additionally, players can claim up to 10,000 dice in totaly just by progressing through the game and clearing tasks. ■ Game Information Kakegurui ALL IN Genre: Strategic Sugoroku Price: Basic free (in-game item paid) Start the game here Start the game here ■ About the Anime "Kakegurui ××" At the prestigious Hyakkaou Private Academy, where gambling rules all, the student council, led by Kirari Momobami, controls the lives of the weak and influences both politics and business. Suddenly, Kirari announces the dissolution of the student council and the start of a general election. With one vote per student, everyone is given a chance to aim for the top of the academy. The election battle, driven by Kirari’s desire for chaos, begins. As the chaos unfolds, a new threat arises—the Hundred Devouring Families, tied to both Kirari and Yumeko Jabami. Ryota Suzui, Mary Saotome, and Itsuki Sumeragi, who have grown close to Yumeko, must now fight for their beliefs in this orchestrated election. In this brutal academy, will they become "prey" or rise as the "predators" of the ecosystem? The ultimate "Election Battle Royale" has begun! Official Site ©Homura Kawamoto,Toru Naomura/SQUARE ENIX,KAKEGURUI2 ©CTW, INC. All rights reserved.

2026-03-23

CTW to Participate in the 38th Annual Roth Conference

TOKYO, JAPAN, March 4, 2026 – CTW Cayman (Nasdaq: CTW) ("CTW" or "the Company"), a leading game platform company providing global access to web-based games through its flagship HTML5 platform G123.jp, today announced that management will participate in the 38th Annual Roth Conference to be held on March 23-24 in Dana Point, California.  Management will be available for one-on-one meetings throughout the conference. Attending investors interested in meeting should contact their Roth representative or email investor@ctw.inc.

2026-03-04

CTW Establishes North American Presence With Opening of New York Office

TOKYO, JAPAN, February 2, 2026 – CTW Cayman (Nasdaq: CTW) ("CTW" or "the Company"), a leading game platform company providing global access to web-based games through its flagship HTML5 platform G123.jp, today announced the opening of its first North American office in New York City, located in the World Trade Center.  The establishment of a physical presence in North America marks an important milestone in CTW’s long-term growth strategy and reflects the Company’s continued investment in expanding its global operating footprint beyond Japan. The New York City office is intended to support CTW’s efforts to capture opportunities in international markets outside of Japan where interest in anime is rapidly growing, including the United States and broader North America.  “The rapidly expanding popularity of Japanese anime represents a tremendous growth opportunity for CTW,” said Ryuichi Sasaki, Founder, CEO, and Chairman of CTW. “In North America, and particularly in the U.S., we are seeing clear indicators of anime’s increasing mainstream adoption. These include broader anime catalogs across major streaming platforms, greater shelf space for anime merchandise at large retailers, rising manga sales reflected in U.S. book retail data, and a growing social media and creator ecosystem around anime culture.”  Sasaki continued, “Establishing a meaningful presence in New York allows us to be closer to key stakeholders and to strengthen our organizational capabilities as we expand outside of Japan. With G123 firmly established as a leading anime IP-based HTML5 game platform, this step supports our disciplined approach to international growth and our focus on building scalable infrastructure to support future opportunities.”  The Company expects to host an official opening ceremony at its New York City office later this year to commemorate the launch of its North American presence.

2026-02-02

CTW Launches Doraemon Comic Traveler Role-Playing Game From The Beloved Franchise

TOKYO, JAPAN, December 15, 2025 – CTW Cayman (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform G123.jp, today announced that its subsidiary CTW Inc. (Tokyo, Japan) has officially launched Doraemon Comic Traveler, a full-scale online role-playing game (RPG) based on the beloved Doraemon manga franchise. Players can immediately enjoy the game on any mobile, PC, or tablet device at G123.jp, which offers free browser games without the need to register or download any game-specific app.  Doraemon Comic Traveler is set on the mysterious Comic Planet, a world rich in manga culture, with a completely original storyline. Players can join the iconic five characters from the Doraemon series – Doraemon, Nobita, Shizuka, Gian, and Suneo – to use secret gadgets to clear stages and enjoy heartwarming interactions with the planet’s inhabitants, Comic Aliens. The Comic Aliens have a unique ability to transform into various characters from across Doraemon's Long Tales manga series. Notable appearances include Robble and Chammy from Nobita the Spaceblazer, Lyril and Zanta Claus from Nobita vs. the Mecha Army, and Kukul from Nobita’s Stone Age Japan, characters that all appear as allies throughout the game’s storyline.  Doraemon is one of the most enduring and commercially successful manga and anime franchises worldwide, with a legacy spanning over five decades across comics, television, and feature films, supported by a highly developed merchandise ecosystem. Since its debut in 1969, the franchise’s central character—a futuristic robotic cat from the 22nd century—has become a cultural icon in Japan and across Asia and has been officially recognized by the Japanese government as the nation’s first “anime ambassador.”  “The launch of Doraemon Comic Traveler is our most significant game release to date and is built on the strongest and most internationally recognized IP we have licensed thus far,” said Ryuichi Sasaki, Founder, CEO, and Chairman of CTW Cayman. “Millions and millions of fans grew up reading and watching Doraemon, and now they can immerse themselves with this cuddly character in the anime gaming world. This launch highlights our ability to secure premier partnerships and demonstrates our commitment to leveraging world-class IP to drive our growth. By aligning with a franchise that combines cross-generational emotional appeal, proven monetization potential, and a newly strengthened presence in the U.S., we are advancing our strategy to scale our global footprint and deliver long-term value for our shareholders.”  In recent years, Doraemon has expanded its reach in the U.S., with films released in domestic theaters, strong visibility on global streaming platforms like Netflix and HBO Max, and increasing recognition among American audiences as part of the broader global wave of Japanese pop culture. This growing U.S. traction underscores the franchise’s ability to connect with new generations of fans and to deepen its commercial footprint in a key global market. The official Doraemon channel site can be found here: https://dora-world.com/.

2025-12-15

CTW Launches Crayon Shinchan: My Sugoroku Great Strategy Video Game Based on Popular Crayon Shinchan Anime Franchise

TOKYO, JAPAN, December 2, 2025 – CTW Cayman (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, today announced that its subsidiary CTW Inc. has officially launched Crayon Shinchan: My Sugoroku Great Strategy, a video game based on the classic traditional Japanese sugoroku board game and the main characters from the popular Japanese manga Crayon Shinchan. Players can immediately enjoy the game on any mobile, PC, or tablet device at G123.jp, which offers free browser games without the need to register or download any game-specific app.  Crayon Shinchan: My Sugoroku Great Strategy follows the mischievous main character Shinchan and his friends at Futaba Kindergarten who have decided to make their own sugoroku game with their own creative ideas. The game mechanics are very similar to a classic sugoroku game, where rolls of the dice allow player progression in the game. Players must collect “Action Coins” that can be used to enhance the buildings within each stage, a necessary step in order to clear each stage and progress. Challenge mini-games, such as those based on memory games or pinball, and surprise events that activate unpredictable and silly pranks can also occur on each tile that a player lands on while progressing through the game. A big part of the game’s charm is its rich and diverse collection feature that allows players to collect “Cosplay Costumes,” “Emotes,” and “Collection Cards,” all of which can be obtained for free.  “Crayon Shinchan: My Sugoroku Great Strategy will bring the colorful main character Shinchan and his supporting cast to life as they navigate the world of sugoroku,” said Ryuichi Sasaki, Founder, CEO, and Chairman of CTW. “Having delighted fans both in anime print and in TV for over 30 years, Shinchan’s silly humor and antics can now be embraced by gamers across the world. This launch brings the number of games available on our G123 platform to 30 and continues to demonstrate our ability to secure valuable IP and work with the best third-party game developers in repeatable fashion to build a sustainably profitable business model.”  About Crayon Shinchan  Crayon Shinchan is a well-known Japanese comedy series featuring a mischievous five-year-old named Shinchan. The series humorously depicts the adventures of Shinchan, his family, friends, and teachers in a slice-of-life format full of gags and heartwarming moments.

2025-12-03

CTW Announces Fiscal Year 2025 Financial Results

TOKYO, JAPAN, November 17, 2025 – CTW (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, reports financial results for the six months (“2H25”) and fiscal year ended July 31, 2025 (“FY25”).  Financial and Business Highlights ● Achieved record revenue of $90.4 million in FY25, up 32% YoY, including 41% YoY growth in 2H25 ● Delivered net income of $3.8 million ($0.06 per share) and Adjusted EBITDA of $8.0 million in FY25, while actively advertising to support robust new game launches and scaling global operations for growth ● Launched seven new games on G123.jp during FY25, including the popular So I’m a Spider, So What? Ruler of the Labyrinth, bringing total active games to 29, with a robust pipeline slate for FY26 including 24 games in backlog ● Successfully completed Initial Public Offering in August 2025, raising $12.0 million in gross proceeds  Comments from Ryuichi Sasaki, Founder, CEO, and Chairman of CTW “We are proud to have built the world’s leading platform that allows gamers to enjoy playing anime-based games without the need to download special apps or be distracted by in-game ads. Our strong fiscal 2025 results are indicative of our creative vision, strategic direction, and steady execution, all bearing fruit on an increasingly larger scale. Yet, I believe that our journey is just getting started as a public company.” “Revenue of $90.4 million in fiscal 2025 grew 32%, with accelerated growth of 41% YoY in the second half of the year as compared to the second half of fiscal 2024, reflecting high engagement with our platform and the success of our recently launched games. Encouragingly, revenue increased in all of our major geographic markets in 2025, confirming global interest in anime and in our ability to source and launch games based on compelling IP. This performance is in line with our strategic focus to expand our user base beyond Japan, our historically largest market, and into other regions, especially North America. Users outside of Japan accounted for 30% of revenue in fiscal 2025, up from 19% in the previous year, and we believe we can expand even further into other markets as anime increasingly goes mainstream around the world.” “In fiscal 2025, we launched seven new games, including hits such as So I’m a Spider, So What? Ruler of the Labyrinth and Arifureta: From Commonplace to World’s Strongest – Rebellion Soul. Together, these seven new games generated $32.3 million in revenue in 2025 and more than offset the maturation of other our existing games, consistent with the gradual tapering of activity for games that follow a natural lifecycle. This dynamic of continuously growing our business through new game launches and user-acquisition marketing is at the very core of our operating model. Our robust pipeline of new launches should continue to drive strong revenue growth in fiscal 2026 and beyond. Notably, the Doraemon Comic Traveler and Crayon Shinchan: My Sugoroku Great Strategy games are close to launch and are each based on rich anime history and represent the most valuable licensed IP in our corporate history. We expect strong global interest from gamers who are familiar with these main characters and healthy in-game purchases from each of those titles.”  “We have invested considerably over the past year to ensure the scalability of our operations. Investments in R&D and personnel in Shanghai and Taipei, especially to strengthen our AI capabilities, have us well positioned for future growth. We have also made initial investments in North America, a large and relatively untapped market for us, and plan to continue this effort in fiscal 2026. While these recent investments may have masked our full potential profitability in 2025, they have also reinforced the foundation to prepare us for future profitable growth, especially when combined with our pipeline of games and our proven ability to secure valuable licensed IP and efficient user acquisition.”  Fiscal 2025 Results Revenue increased 32% in FY25 to $90.4 million compared to $68.4 million in FY24, with the rate of growth accelerating in the second half of the fiscal year (2H25) to 41% when compared to 2H24. The strong revenue growth was driven by higher in-game purchases, which increased 27% YoY to $107.0 million as compared to $84.5 million in FY24, and lower revenue share percentage paid to developers which decreased to 12.2% of gross in-game purchases in FY25 from 16.1% in FY24. In FY25, CTW launched seven new games that collectively generated $32.3 million in revenue, compared to 15 new games launched in FY24 that generated $12.6 million in revenue.  Segment profits* increased 16% YoY in FY25 to $31.3 million (29.3% of in-game purchases) as compared to $27.0 million in FY24 (32.0% of in-game purchases), as higher revenue was partially offset by increased advertising expense. While advertising expense increased from $52.4 million in FY25 (49.0% of revenue) as compared to $37.3 million in FY24 (44.2% of revenue), ROAS increased to 116.4% in FY25 from 99.3% in FY24.  Net Income was $3.8 million ($0.06 per share) in FY25, as compared with $6.0 million ($0.10 per share) in FY24. In FY25, $3.2 million of net income was recognized in 2H25.  Adjusted EBITDA* was $8.0 million (8.8% of revenue) in FY25, compared to $12.0 million in FY24 (17.5% of revenue). CTW maintained positive Adjusted EBITDA while actively supporting new game launches with increased advertising expenditure and higher spending to scale its global operations for future growth. * Further clarification and explanation of Segment profits can be found in the Segment Reporting section of the release and at ctw.inc/investors. ** Further clarification and explanation of non-GAAP measures and reconciliation to the most comparable GAAP measure can be found in the “U.S. GAAP Reconciliation of Non-GAAP Adjusted Results” section of the release and at ctw.inc/investors.  Earnings Conference Call and Webcast Management will host an earnings webcast at 8:30am EST on Tuesday, November 18, 2025 to review its financial results and provide a general corporate update. Interested investors can register for the webcast here. The Company has posted a supplemental slide presentation accompanying this release to its investor relations website at ctw.inc/investors. Investors are encouraged to review these materials in conjunction with this release.   CTW Financial Statements and Key Operating MetricsCTW FY 2025 Supplemental Slides

2025-11-19

CTW to Announce Fiscal Year 2025 Financial Results on November 17 and Host Earnings Webcast on November 18

TOKYO, JAPAN, November 10, 2025 – CTW Cayman (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, announced today that it will release its financial results for the six months and fiscal year ended July 31, 2025 after market close on Monday, November 17, 2025. Management will also host an earnings webcast at 8:30am ET on Tuesday, November 18, 2025 to review financial results and provide a general corporate update. Interested investors can register for the webcast here.

2025-11-11

CTW to Participate in Planet MicroCap Showcase Conference in Toronto

TOKYO, JAPAN, October 13, 2025 – CTW Cayman (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, announced today that management will participate in the Planet MicroCap Showcase Conference from October 22-23, 2025 at the Arcadian Loft event space in Toronto. Management will present at 1 p.m. ET on October 22, followed by meetings with investors throughout the two-day conference. The presentation can be accessed at the following link: https://event.summitcast.com/view/34SFNFBix4cZpKNiohrXeh/guest_book?sessi To schedule a meeting with management, investors are encouraged to reach out to CTW’s investor relations team at investor@ctw.inc.

2025-10-13

CTW Opens Pre-Registration for The Apothecary Diaries Game

TOKYO, JAPAN, August 28, 2025 – CTW Cayman (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, which showcases a diverse selection of free-to-play games inspired by popular Japanese animations, today announced that pre-registration is now underway for The Apothecary Diaries Palace Chronicles, a simulation game based on the popular anime The Apothecary Diaries. The Apothecary Diaries Palace Chronicles is a simulation game based on the TV anime The Apothecary Diaries. Players will train the protagonist, Maomao, and take on various cases and dilemmas occurring within the palace and pleasure district. Playable directly on web browsers, no installation is needed. Whether on smartphone, tablet, or PC, players can easily enjoy the richly illustrated characters like Jinshi, the consort Gyokuyou, and more while diving deep into the anime's world. Since its premiere in 2023, The Apothecary Diaries has quickly risen to become one of the most popular anime and manga series of recent years. In Japan, The Apothecary Diaries has dominated the streaming charts. Season 1 was the #1 most-streamed anime on ABEMA, the online streaming network that provides live and on-demand content, and Season 2 continued that success with the highest average views per episode across real-time and on-demand streams. In the U.S., Season 1 was named one of the “best anime of 2024” by Polygon and Season 2 placed among the top-rated series of 2025 at the Anime Trending Awards (IMDb’s fan-based ranking). The Apothecary Diaries Palace Chronicles will join a growing lineup of other globally recognized games on G123.jp, including High School DxD, Queen’s Blade, So I’m a Spider, So What?, Arifureta, Negima! Magister Negi Magi, Kakegurui, Vivid Army, Game of Thrones, Legend of the Galactic Heroes, the soon-to-launch Doraemon Comic Traveler, and more. “This new title is one of 12 games currently in pre-registration, with an additional 10 titles already in our development backlog,” said Ryuichi Sasaki, Founder, CEO and Chairman of CTW Cayman. “We continue to invest in high-quality IP and collaborate with top-tier developers that we believe will accelerate in-game purchases across our platform and expand our global audience as we continue to launch new games.” Pre-Registration Details: Players can pre-register through the following channels and receive special gifts based on total sign-ups: 1. Follow the official X (formerly Twitter): https://x.com/kusuriya_ki_en 2. Follow the official Instagram: https://www.instagram.com/kusuriya_ki_en/ 3. Visit our gaming platform: G123.jp

2025-08-29

CTW to Participate in the Lake Street 2025 BIG9 Conference

TOKYO, JAPAN, August 27, 2025 – CTW Cayman (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, which showcases a diverse selection of free-to-play games inspired by popular Japanese animations, announced today that management will participate in the Lake Street Capital Markets Best Ideas Growth (BIG9) Conference taking place in New York City on September 11, 2025. Management will conduct one-on-one meetings throughout the day. To schedule a one-on-one meeting with management, investors are encouraged to contact their Lake Street representative or CTW’s investor relations team at investor@ctw.inc.

2025-08-27

CTW Cayman to Ring NASDAQ Opening Bell on August 18, 2025

TOKYO, JAPAN, August 14, 2025 – CTW Cayman (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, which showcases a diverse selection of free-to-play games inspired by popular Japanese animations, today announced that it is scheduled to ring the Nasdaq Stock Market Opening Bell on Monday, August 18, 2025. Ryuichi Sasaki, Founder, Chief Executive Officer and Chairman of CTW will lead the Opening Bell ceremony alongside other members of the Company’s leadership team. Ryuichi Sasaki, Founder, Chief Executive Officer and Chairman of CTW commented, “The Nasdaq Opening Bell Ceremony will be a thrilling moment – not just for CTW, but for everyone who shares our passion for anime and video games. CTW offers investors the opportunity to own a piece of the growing global gaming market, powered by an ever-expanding library of hit titles and an engaged community of fans. The immersive worlds and beloved characters we’ve built on G123.jp continue to attract players worldwide, driving significant in-game purchases and long-term growth potential. Following our public listing earlier in the month, the Ceremony is an exciting moment for our team, our shareholders, and everyone who believes in the power of interactive entertainment to connect people and create lasting value.” The Opening Bell Ceremony will be broadcast live starting at 9:15 a.m. ET from the Nasdaq MarketSite Tower in New York, NY. To view the broadcast, please visit:https://www.nasdaq.com/marketsite/bell-ringing-ceremony.

2025-08-15

CTW Cayman Announces Closing of Initial Public Offering

TOKYO, JAPAN, August 7, 2025 (GLOBE NEWSWIRE) -- CTW Cayman (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, which showcases a diverse selection of free-to-play games inspired by popular Japanese animations, today announced the closing of its initial public offering (the “Offering”) of 2,400,000 Class A ordinary shares (the “Ordinary Shares”) at a public offering price of $5.00 per share (the “IPO”). The Company received gross proceeds of $12.0 million from the Offering, before deducting underwriting discounts and offering expenses. The Ordinary Shares commenced trading on The Nasdaq Capital Market (“Nasdaq”) on August 6, 2025, under the ticker symbol “CTW”. In addition, the Company has granted the underwriters an option to purchase up to an additional 360,000 Ordinary Shares at the initial public offering price within 45 days from the closing of the Offering, less underwriting discounts, to cover the over-allotment option. The Offering was conducted on a firm commitment basis. Kingswood Capital Partners, LLC, acted as the representative of the underwriters for the offering. Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP served as legal counsel to the Company, and Greenberg Traurig, LLP served as legal counsel to the underwriters. A registration statement on Form F-1 (File No.333-287306) relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) and was declared effective by the SEC on July 30, 2025. The Offering is being made only by means of a prospectus forming part of the registration statement relating to the Offering. Copies of the final prospectus may be obtained from Kingswood Capital Partners, LLC by standard mail to 126 E 56th Street, Suite 22S New York, NY, or by email at ttian@kingswoodus.com, or by telephone at +1-732-208-4091. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

2025-08-08

CTW Cayman Announces Pricing of Initial Public Offering

TOKYO, JAPAN, August 5, 2025 – CTW Cayman (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, which showcases a diverse selection of free-to-play games inspired by popular Japanese animations, today announced the pricing of the initial public offering (the “Offering”) of 2,400,000 Class A ordinary shares at a public offering price of $5.00 per share. The ordinary shares have been approved for listing on The Nasdaq Capital Market and are expected to commence trading on August 6, 2025, under the ticker symbol “CTW”. The Company expects to receive aggregate gross proceeds of $12.0 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 360,000 Class A ordinary shares at the public offering price, less underwriting discounts. The Offering is expected to close on or about August 7, 2025, subject to the satisfaction of customary closing conditions. Proceeds from the Offering will be used primarily to support the Company’s global market expansion initiatives, which are expected to account for approximately 85% of the net proceeds, with the remainder allocated to general working capital and other corporate purposes. The Offering is being conducted on a “firm commitment” basis. Kingswood Capital Partners, LLC is acting as the representative of the underwriters for the Offering. Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP is serving as legal counsel to the Company, and Greenberg Traurig, LLP is serving as legal counsel to the underwriters. A registration statement on Form F-1 relating to the Offering has been filed with the U.S. Securities and Exchange Commission (the “SEC”) (File No. 333-287306) and was declared effective by the SEC on July 30, 2025. The offering is being made only by means of a prospectus forming a part of the registration statement related to the Offering. Copies of the prospectus may be obtained from Kingswood Capital Partners, LLC by standard mail to 126 E 56th Street, Suite 22S New York, NY, or by email at ttian@kingswoodus.com, or by telephone at +1-732-208-4091. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

2025-08-06

New Game "Crayon Shinchan: My Sugoroku Great Strategy" Now Open for Pre-Registration!

Full of Playful Spirit! The Sugoroku Game of "Crayon Shinchan" is Here! CTW Inc. has announced the latest game on G123, "Crayon Shinchan: My Sugoroku Great Strategy," and pre-registration begins today. A new "Crayon Shinchan" game is here! "Crayon Shinchan: My Sugoroku Great Strategy" is a new game set on an original sugoroku board handmade by the Kasukabe Defense Force, where you can experience a "playful spirit that never fades, even as an adult." Starting today, the official X and Messenger accounts have been launched, and pre-registration has begun.Be sure to follow the official accounts to get the latest information! Follow the official X (formerly Twitter) Pre-Registration Campaign Now Underway! Along with the game announcement, a pre-registration campaign has started. Depending on the number of pre-registrations, luxurious items will be given out when the service launches. Registration methods are as follows: 1. Register via the official website 2. Follow the official X (formerly Twitter) ■ Achievement Rewards 30,000 registrations: 100 Dice + 1-Star Card Pack x1 50,000 registrations: 100 Dice + 1-Star Card Pack x1 + 2-Star Card Pack x1 100,000 registrations: 100 Dice + 1-Star Card Pack x1 + 2-Star Card Pack x1 + 3-Star Card Pack x1 Game System Now Available on the Official Page! Shinchan and his friends at Futaba Kindergarten have decided to make a "Sugoroku Game." They become completely absorbed in creating a game packed with their own ideas! In the midst of this, when Kazama-kun suggests, "Why don't we make an even more amazing board game?", the five members of the Kasukabe Defense Force gather at Shinchan's house and dive headfirst into game creation— Game System Now Available on the Official Page! ■Game Basic Info Game Title: Crayon Shinchan My Sugoroku Great Strategy Genre: Sugoroku Game Price: Free (In-game Item Purchase System) Supported Languages (Planned): Japanese, English, Traditional Chinese, Korean What is "Crayon Shinchan"? Japan's most mischievous five-year-old. His favorite things are pretty ladies and the snack "Chocobi." This comedy is full of gags, depicting the daily lives of Shinchan, his family, friends, and kindergarten teachers, all stirred up by his slightly silly, free-spirited, and easygoing antics. ©Usui Yoshito/Futabasha･SHIN-EI Animation･TV Asahi･ADK ©CTW, INC. All rights reserved.

2025-06-16

"Reincarnated as a Sword" is coming to G123 as a browser game! Pre-registration is now open!

Adventure with Fran and her Teacher—only in the game! CTW Inc. has officially announced “Reincarnated as a Sword Brave Rush (Tenken BR)" as the latest title on the G123 platform. Pre-registration begins today! ■The hit fantasy anime “Reincarnated as a Sword”, featuring an isekai protagonist reborn as a weapon, is finally becoming a game! The title, “Reincarnated as a Sword Brave Rush”, marks the fastest game adaptation of the popular series to date. In addition, the game’s official X (Twitter) account has launched today.Follow now to stay up to date with the latest news and announcements! ■Pre-registration Event Now Live! Rewards will be given to all players at launch based on the total number of registrations: 10,000 entries: Silver Key x5 30,000 entries: Golden Key x5 50,000 entries: Teacher - Fire Attribute Sword You can join the event through the following methods: Official Website Official X ■[Roguelike RPG] Train Fran your way and slash through the chaos! Experience the thrilling world of the anime “Reincarnated as a Sword” in this Roguelike RPG! Join “Fran” and the legendary sword “Teacher” on a journey of growth and battle, now on web browsers! As you fight, Fran becomes stronger—customize her with skills and gear to suit your playstyle. ■Basic Game Info Game Title: Reincarnated as a Sword Brave Rush Genre: Roguelike RPG Price: Free-to-play (in-game purchases available) Languages Supported: Japanese, English, Traditional Chinese, Korean ■What is "Reincarnated as a Sword"? [Over 4 million copies of the original novel series sold!] An adventure fantasy where a man is reborn as a sword in another world and teams up with Fran, a catgirl seeking freedom. Together with the legendary sword known as “Teacher,” Fran hones her swordsmanship and magic, taking on powerful foes. With intense battles and a heartwarming bond between the two, the story has captured fans through light novels, manga, and anime alike! Anime official website ©Yuu Tanaka, Llo/MICRO MAGAZINE/Reincarnated as a Sword Project ©CTW, INC. All rights reserved. All company, product and service names that appear in this document are trademarks of their respective companies

2025-06-13

Article image for: A collaboration with the anime "That Time I Got Reincarnated as a Slime" has been decided for "So I'm a Spider, So What? Ruler of the Labyrinth"!

A collaboration with the anime "That Time I Got Reincarnated as a Slime" has been decided for "So I'm a Spider, So What? Ruler of the Labyrinth"!

Rimuru and friends are coming to the world of Spider RotL! CTW Inc. announces a collaboration event with the anime "That Time I Got Reincarnated as a Slime" in the popular browser game "So I'm a Spider, So What? Ruler of the Labyrinth" available on G123. In "So I'm a Spider, So What? Ruler of the Labyrinth", more than 10 characters including Rimuru, Milim, and Diablo from the anime "That Time I Got Reincarnated as a Slime" will debut. You can take collab characters on labyrinth adventures, equip "Me" with items themed after TenSura, and enjoy a variety of luxurious collab events. More info will be released sequentially on the official SNS of "So I'm a Spider, So What? Ruler of the Labyrinth". Please look forward to the start of the collab! Event Period: Saturday, May 10, 2025 - Tuesday, May 20, 2025 Play the game here Official X Official Discord ■Collab Key Visual Released! To commemorate this collaboration, we have released the new collab key visual. Defeat monsters and store them in the "Spider Cocoon." When you open the cocoon, you'll receive random Gear, including multiple head and face accessories. Choose your favorite designs and head into the dungeon for your next conquest! ■ What is "That Time I Got Reincarnated as a Slime"? "That Time I Got Reincarnated as a Slime" is a media mix based on the web novel "That Time I Got Reincarnated as a Slime" serialized by author Fuse on the web novel posting site "Shousetsuka ni Narou". Abbreviation: TenSura. The first volume of the novel, which was significantly revised and expanded from the web novel, was published by "GC Novels" (Micro Magazine) in 2014. In May 2015, around the same time as the release of the fifth volume of the novel, a manga adaptation by Taiki Kawakami began serialization in "Monthly Shonen Sirius" (Kodansha). The publication of the comics began in October of the same year. Currently, many spin-off works such as " TenSura Diary", "The Ways of the Monster Nation ", "That Time I Got Reincarnated (Again!) as a Workaholic Slime", "Tenchura", and "Trinity in Tempest" are being serialized. The total number of copies in the series, including related books, exceeded 40 million as of February 2023. The first season of the TV anime aired from October 2018. From January to September 2021, the second season of the TV anime and the spin-off anime "Tensura Diary" were broadcast for nine consecutive months. In November 2022, the first theatrical work in the series, "That Time I Got Reincarnated as a Slime: Scarlet Bond", was released. It was a big hit, surpassing 1 million domestic viewers and recording a box office revenue of 1.4 billion yen. From April to September 2024, the third season of the TV anime will be broadcast. After the final episode of the third season, the production of the second theatrical film and the fourth season of the TV anime was announced. "That Time I Got Reincarnated as a Slime" Portal Site ■Game Data Title: So I'm a Spider, So What? Ruler of the Labyrinth Genre: Dungeon clearing RPG Price: Free (in-game purchases available) ■What's "So I'm a Spider, So What?" all about? I, the protagonist, was just an ordinary high school girl, but suddenly I was reincarnated as a spider monster in a fantasy world. Not only that, but I awakened in a dungeon filled with vicious monsters. Armed with only my human knowledge and my overwhelming positivity, I'm forced to use spiderwebs and traps to defeat far stronger monsters just to stay alive... The weakest of her kind, but courageous like no other. An all-new maze surviving game! © Taiki Kawakami, Fuse, KODANSHA/“Ten-Sura” Project ©Okina BABA,Tsukasa KIRYU/PUBLISHED BY KADOKAWA/So I'm a Spider, So What? PARTNERS ©CTW, INC. All rights reserved. All company, product and service names that appear in this document are trademarks of their respective companies.

2025-04-26

New boobtastic game High School D×D Operation Paradise Infinity is finally released! Have loads of fun!

Apologies for the wait, gentlemen! Get Kiryu Aika as a pre-registration reward! CTW Inc. is pleased to announce the global release of High School D×D Operation Paradise Infinity. ■The Harem RPG for Gentlemen, full of explosive character art! High School D×D Operation Paradise Infinity is an RPG based on the TV anime series, High School D×D. While getting real close with the girls, make use of each character's skills and attributes to form the best of the breastest harem party. The game is available via G123 as a browser game, and can be played on web browsers across any platform such as mobile phones, tablets, PC and more. Play any time, anywhere! Plus, the character art are all game-exclusive! Enjoy the in-game exclusive gallery of original skins, special "situations" and more. The teaser for celebrating the release featuring the game-exclusive character art is officially posted today so be sure to check it out. Play Now Game Release Teaser ■Destroy stages with your very own party The game features character rarity, star levels, gear and much more. The further you progress in-game, the stronger and more dependable your characters become, so be sure to enhance your favorites to form your own one-of-a-kind party. There are over 60 characters available upon game release, and there will be more new characters as well as limited-time skins and art to come in the future. Look forward to them! ■Pre-registration rewards are being sent out! Everyone gets Kiryu Aika! Gifts are currently being sent out to all players for a limited time as pre-registration rewards. Please be sure to claim Adv. Contract x15 and Kiryu Aika from your in-game mail. Adv. Contracts are items used in the games' gacha system for characters, Special Summon. These can garner you 3-5★ characters at random. 5★ characters include Rias, Akeno, Asia, as well as Gasper, Koneko, and a lot more. Kiryu Aika has an active skill that can inflict Doze on enemies, making her useful for initial battles. Be sure to log in and claim these deluxe rewards! ■Log in for 2 days to get Gasper! Don't miss various events that can get you Allies just by logging into the game or clearing stages. Gasper can be claimed by logging in for 2 days, and Irina can be claimed on Day 8. Plus, you can gain Rias by buying special packs. These are characters that can help your party pack a punch at the starting line! Be sure to claim them for a smooth game play! ■Game Data Title: High School D×D Operation Paradise Infinity Genre: RPG Price: Free (in-game purchases available) ■"High School D×D HERO" Anime Information TV anime based on the popular light novel series from KADOKAWA Fantasia Bunko. A highly popular anime made for gentlemen. "HERO" is the 4th Season. ⓒIchiei Ishibumi・Miyama-ZERO/KADOKAWA/HighSchoolDD HERO PARTNERS ⓒCTW, INC. All rights reserved. All company, product and service names that appear in this document are trademarks of their respective companies.

2025-04-22

Article image for: "Doraemon" becomes a browser game on G123! Introducing the first full-scale online RPG: "Doraemon Comic Traveler" Set off for the mysterious COMIC PLANET!

"Doraemon" becomes a browser game on G123! Introducing the first full-scale online RPG: "Doraemon Comic Traveler" Set off for the mysterious COMIC PLANET!

Reach 100,000 pre-registrations to receive the luxurious item: Legendary Key! CTW Inc. announces its latest title, Doraemon Comic Traveler, coming soon to G123. Pre-registration starts today! ■ The new "Doraemon" browser game is an RPG set on a brand-new star! "Doraemon Comic Traveler" is a full-scale online RPG set on COMIC PLANET, a world rich in manga culture. Team up with the native COMIC ALIENS and embark on a one-of-a-kind adventure! Join the iconic five—Doraemon, Nobita, Shizuka, Gian, and Suneo—as you use Secret Gadgets to clear stages and enjoy heartwarming interactions with the COMIC ALIENS! Available on the free game platform G123, this title can be enjoyed directly in your web browser—on smartphones, tablets, or PCs. Play deeply at home on your PC or casually on the go—whatever suits your style! ■ How to Join the Pre-Registration Event You can pre-register for Doraemon Comic Traveler through the following methods: Register via the official website Register by following the official X (formerly Twitter) Rewards increase as more users pre-register: ・30,000: Gem ×1000 ・50,000: Gem ×1000, Gold Key ×2 ・100,000: Gem ×1000, Gold Key ×2, Legendary Key ×2 ■ A brand-new adventure, only in this game—Related to Doraemon’s Long Tales! COMIC ALIENS possess the unique ability to transform into anyone. They can become Robble and Chammy from Noby the Spaceblazer, or Lyril and Zanta Claus from Noby vs. the Mecha Army, and Zanda Cross from Nobita and the Steel Troops—and join Doraemon and friends on an epic journey! ■ Over 700 Secret Gadgets! Search, Collect, and Power Up Your Adventure! An accident on the way to COMIC PLANET caused hundreds of Secret Gadgets to scatter across the land! Explore the planet, collect gadgets, and use them to conquer brand-new stages! ■ Game Launch Celebration! SNS Event Now Live! To celebrate the game’s adaptation, two special events are now underway on X (formerly Twitter)! More events are coming soon, so be sure to follow the official account for the latest updates! ① Hashtag Posting Event Post with the hashtag #DoraemonBrowserGame and tell us what kind of game you'd like to play with Doraemon! Your idea might even be featured as a minigame in Doraemon Comic Traveler! ② Secret Gadget Quiz We’ll be hosting occasional Secret Gadget silhouette quizzes! It’s easy—just choose the correct answer from four options. Anyone can join, and answers will be revealed the next day! ■ Basic Game Info Title: Doraemon Comic Traveler Genre: Full-scale Online RPG Price: Free (with optional in-game purchases) Doraemon Channel Official Site ⓒFujiko-Pro ⓒCTW, INC. All rights reserved. All company, product and service names that appear in this document are trademarks of their respective companies.

2025-04-21