BANDAI NAMCO : Financial Highlights for the Second Quarter of the Fiscal Year Ending March 31, 2024212.6 KB

November 06, 2023

November 7, 2023

Financial Highlights for the Second Quarter of the Fiscal Year Ending March 31, 2024

Bandai Namco Holdings Inc.: Consolidated Financial Results

Summary of Income Statement

(millions of yen)

		FY2023.3			FY2024.3	Full Year
	1st Half	Full Year Results	1st Half	% vs	Full Year	% vs
	Results	Results	Prior Year	Plan	New Forecasts	Prior Year

Net Sales	477,620	990,089	502,002	105.1%	1,000,000		1,000,000	101.0%

Gross Profit	195,616	368,656	197,253	100.8%	390,000		394,000	106.9%

Operating Profit	81,607	116,472	65,479	80.2%	125,000		125,000	107.3%

Recurring Profit	92,365	128,006	73,931	80.0%	129,000		134,000	104.7%

Profit Attributable to	66,557	90,345	52,167	78.4%	91,000		91,000	100.7%
Owners of Parent

Net Sales by Segment											(millions of yen)
		FY2023.3					FY2024.3
	1st Half	Full Year Results		1st Half	% vs	Full Year	Full Year			% vs
	Results		Results	Prior Year	Plan	New Forecasts		Prior Year

Entertainment (Digital)	193,897		385,681		174,316	89.9%	390,000				360,000	93.3%

Entertainment (Toys and Hobby)	213,368		447,491		249,810	117.1%	450,000				480,000	107.3%

IP Production	35,065		81,748		33,337	95.1%	83,000				83,000	101.5%

Amusement	48,657		104,602		59,253	121.8%	110,000				110,000	105.2%

Other	15,070		31,313		16,039	106.4%	31,000				31,000	99.0%

Elimination and Corporate	(28,439)		(60,748)		(30,756)	-	(64,000)				(64,000)	-

Total	477,620		990,089		502,002	105.1%	1,000,000				1,000,000	101.0%
Operating Profit by Segment											(millions of yen)
		FY2023.3					FY2024.3
	1st Half	Full Year Results	OP Margin		1st Half	% vs	Full Year	Full Year	OP Margin	% vs
	Results		Results	Prior Year	Plan	New Forecasts	Prior Year

Entertainment (Digital)	44,649	49,339	12.8%		15,516	34.8%	58,000	41,000			11.4%	83.1%

Entertainment (Toys and Hobby)	33,562	59,538	13.3%		45,753	136.3%	63,000	75,000			15.6%	126.0%

IP Production	3,459	10,645	13.0%		2,347	67.9%	11,000	11,000			13.3%	103.3%

Amusement	4,804	6,038	5.8%		6,977	145.2%	5,000	8,000			7.3%	132.5%
Other	456	1,165	3.7%		661	144.7%	1,000	1,000			3.2%	85.8%
Elimination and Corporate	(5,324)	(10,254)	-		(5,777)	-	(13,000)	(11,000)			-	-

Total	81,607	116,472	11.8%		65,479	80.2%	125,000	125,000			12.5%	107.3%
Reference: Net Sales by Region (External sales after elimination)							(millions of yen)
		FY2023.3					FY2024.3
	1st Half	Full Year Results		1st Half	% vs	Full Year	Full Year			% vs
	Results		Results	Prior Year	Plan	New Forecasts		Prior Year

Japan	335,861		707,531		363,948	108.4%	712,000				724,500	102.4%

Americas	52,651		99,344		40,381	76.7%	99,500				89,500	90.1%

Europe	45,047		94,458		48,340	107.3%	93,500				95,000	100.6%

Asia	44,059		88,757		49,333	112.0%	95,000				91,000	102.5%

Elimination and Corporate	-		-		-	-	-				-	-

Total	477,620		990,089		502,002	105.1%	1,000,000				1,000,000	101.0%

Reference: Operating Profit by Region									(millions of yen)
		FY2023.3				FY2024.3
	1st Half	Full Year Results	OP Margin	1st Half	% vs	Full Year	Full Year	OP Margin	% vs
	Results	Results	Prior Year	Plan	New Forecasts	Prior Year

Japan	72,611	103,606	14.6%	64,741	89.2%	115,000	119,500			16.5%	115.3%

Americas	6,159	8,543	8.6%	1,623	26.4%	9,500	6,000			6.7%	70.2%

Europe	5,039	6,241	6.6%	1,160	23.0%	4,000	3,500			3.7%	56.1%
Asia	8,801	12,192	13.7%	7,311	83.1%	9,500	9,000			9.9%	73.8%
Elimination and Corporate	(11,003)	(14,109)	-	(9,356)	-	(13,000)	(13,000)			-	-

Total	81,607	116,472	11.8%	65,479	80.2%	125,000	125,000			12.5%	107.3%
Other Data										(millions of yen)
		FY2023.3				FY2024.3
	1st Half	Full Year Results	1st Half	% vs	Full Year	Full Year			% vs
	Results	Results	Prior Year	Plan	New Forecasts		Prior Year

Capital Investments	16,561		36,477	16,812	101.5%	28,000				28,000	76.8%

Depreciation	11,266		28,671	14,575	129.4%	27,000				27,000	94.2%

Advertising Expenses	22,432		56,798	28,098	125.3%	66,000				66,000	116.2%

Personnel Expenses	39,096		81,045	43,889	112.3%	83,000				83,000	102.4%

Investment in game content	-		76,270	-	-	-				-	-
development etc.

Forward-looking Statements: This document contains figures that are based on the information currently available to management and estimate involving uncertain factors thought likely to have an effect

【Sales of IPs (Groupwide)】				(billion yen)
	2023.3	2024.3
	1st Half	Full Year	1st Half	Full Year
	Results	Results	Results	Forecasts
Anpanman	4.7	9.9	4.7	10.0
Ultraman	8.9	19.5	9.5	21.5
KAMEN RIDER	14.2	32.1	12.9	32.0
Mobile Suit Gundam	62.4	131.3	72.6	140.0
Super Sentai	3.5	6.5	3.3	7.0
DRAGON BALL	65.7	144.5	68.4	133.0
NARUTO	10.2	18.7	11.0	24.5
Pretty Cure	2.9	5.6	2.8	6.0
ONE PIECE	35.9	86.3	57.1	100.0

*Figures are calculated based on sales before elimination of inter-segment transactions.

【Sales of IPs (Toys and Hobby Business, Japan)】		(billion yen)
	2023.3	2024.3
			1st Half	Full Year
	1st Half	Full Year
	Results	Results	Results	Forecasts
Anpanman	4.3	9.3	4.3	9.0
Ultraman	4.7	9.2	4.3	9.5
KAMEN RIDER	9.5	23.0	9.4	23.0
Mobile Suit Gundam	30.1	60.5	34.7	65.5
Super Sentai	2.9	5.6	2.8	6.0
DRAGON BALL	12.0	22.5	12.2	21.0
Pretty Cure	2.9	5.6	2.8	6.0
Pokémon	4.1	8.8	5.9	9.5
ONE PIECE	12.3	31.9	30.0	52.5

*Figures are calculated based on sales before elimination of inter-segment transactions.

【Digital Business (Sales by major category)】		(billion yen)
	2023.3	2024.3
	1st Half	Full Year	1st Half	Full Year
	Results	Results	Results	Forecasts
Network content	94.0	194.0	94.5	195.0
Home console game	85.1	159.8	65.5	145.0

【Home Console Game (Number of titles and unit sales)】

			2023.3			FY2024.3
					1st Half Results	Full Year Forecasts
	1st Half Results	Full Year Results
	# of		Units Sold	# of	Units Sold	# of	Units Sold	# of	Units Sold
	New Titles		(thousand)	New Titles	(thousand)	New Titles	(thousand)	New Titles	(thousand)
Japan	40		5,556	76	10,021	31	3,230	70	8,500
Americas	33		10,063	59	18,710	15	6,449	45	14,500
Europe	33		8,998	57	19,560	15	8,474	45	18,500
Group Total	106		24,617	192	48,291	61	18,153	160	41,500

Localized versions	78	-		130	-	39	-	110	-

After elimination of localized versions
Group Total	28		24,617	62	48,291	22	18,153	50	41,500

【Digital Card Sales (Units sold)】			(million pieces)
	2023.3	2024.3

	1st Half		Full Year	1st Half	Full Year
	Results		Results	Results	Forecasts
Digital card sales	90		181	80	180

*Figures are estimates based on management accounting.

【IP Production Business (Sales by major category)】

						(billion yen)
			FY2023.3	FY2024.3
						Full Year
			1st Half	Full Year	1st Half
			Results	Results	New Forecasts	Plan
Packages		5.4	11.5	3.9	8.0
Production, license,
distribution, events	29.6	70.2	29.4	75.0
and others

Total		35.0	81.7	33.3	83.0
【IP Production Business (Number of copyrighted productions and running time)】	As of September 30, 2023
・Number of copyrighted productions					1,125 series
・Total running time of all copyrighted productions				5,873 hours
【	Amusement Business (Sales by major category)		(billion yen)
				】
				FY2023.3	FY2024.3
							Full Year
				1st Half	Full Year	1st Half
				Results	Results	New Forecasts	Plan
Amusement machines		11.4	31.0	19.1	33.0
Amusement facility		37.2	73.5	40.1	77.0
【Number of Amusement Facilities】
					FY2023.3	FY2024.3
					1st Half	Full Year	1st Half	Full Year
					Results	Results	New Forecasts	Plan
			Start of term	240	240	243	243
		Japan	Openings	3	7	7	10
		Closures	2	4	3	5
			Increase/Decrease	1	3	4	5
			End of term	241	243	247	248
	Directly		Start of term	21	21	21	21
		Openings	2	2	1	1
managed	Overseas	Closures	0	2	0	1
facilities		Increase/Decrease	2	0	1	0
			End of term	23	21	22	21
			Start of term	261	261	264	264
		Total	Openings	5	9	8	11
		Closures	2	6	3	6
			Increase/Decrease	3	3	5	5
			End of term	264	264	269	269
Revenue-		Japan		632	683	804	886
	sharing		Overseas		16	15	15	15
facilities		Total		648	698	819	901
	Others		Total		9	10	18	25
		Facilities Total		921	972	1,106	1,195
【Amusement Facilities (Existing-store sales, YOY, Japan)】
		Apr.	May	Jun.	1Q	Jul.	Aug.	Sep.	2Q	1st Half
		(3 mo.)	(3 mo.)

FY2024.3	112.5%	100.1%	95.7%	102.6%	101.3%	102.7%	102.3%	102.1%	102.4%
FY2023.3	110.7%	145.7%	126.6%	127.1%	108.5%	123.9%	119.3%	117.3%	121.6%
		Oct.	Nov.	Dec.	3Q	Jan.	Feb.	Mar.	4Q	2nd Half	Full Year
		(3 mo.)	(3 mo.)

FY2024.3
FY2023.3	109.7%	103.6%	101.3%	104.6%	109.5%	123.3%	111.3%	113.7%	109.2%	114.9%

*Figures are estimates based on management accounting.

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Bandai Namco Holdings Inc. published this content on 07 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 November 2023 14:47:46 UTC.

	1st Jan change	Capi.
BANDAI NAMCO HOLDINGS INC.	+3.63%	12.28B
MATTEL, INC.	-1.77%	6.32B
GAMES WORKSHOP GROUP PLC	-1.65%	3.94B
SPIN MASTER CORP.	-12.51%	2.3B
ALPHA GROUP	-24.91%	1.34B
TONIES SE	+3.33%	615M
DREAM INTERNATIONAL LIMITED	+24.36%	406M
FUNKO, INC.	-19.86%	318M
BROGENT TECHNOLOGIES INC.	+8.33%	245M
JAKKS PACIFIC, INC.	-46.03%	206M

1st Jan change

Capi.

BANDAI NAMCO HOLDINGS INC.

+3.63%

12.28B

MATTEL, INC.

-1.77%

6.32B

GAMES WORKSHOP GROUP PLC

-1.65%

3.94B

SPIN MASTER CORP.

-12.51%

2.3B

ALPHA GROUP

-24.91%

1.34B

TONIES SE

+3.33%

615M

DREAM INTERNATIONAL LIMITED

+24.36%

406M

FUNKO, INC.

-19.86%

318M

BROGENT TECHNOLOGIES INC.

+8.33%

245M

JAKKS PACIFIC, INC.

-46.03%

206M

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
2,929 ^JPY	-0.32%		+3.08%	+3.63%

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Mar. 22	World's first 'Dragon Ball' theme park to be build in Saudi Arabia	RE

Japanese Toymaker Bandai Plans Global Expansion Amid Capsule Toy Boom	Apr. 02	MT
World's first 'Dragon Ball' theme park to be build in Saudi Arabia	Mar. 22	RE
BANDAI NAMCO Holdings Inc. announces an Equity Buyback for 0.91% of its issued share capital, for ¥2,000 million.	Feb. 29	CI
BANDAI NAMCO Holdings Inc. authorizes a Buyback Plan.	Feb. 28	CI
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Tencent Gains Rights to Develop Mobile Version of Bandai Namco's Blue Protocol Game	23-09-14	MT
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BANDAI NAMCO Holdings Inc. Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-10	CI
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BANDAI NAMCO Holdings Inc. Reports Earnings Results for the Nine Months Ended December 31, 2022	23-02-07	CI
Japanese shares fall to two-month low ahead of BOJ decision	22-09-21	RE

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BANDAI NAMCO : Financial Highlights for the Second Quarter of the Fiscal Year Ending March 31, 2024212.6 KB

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