BANDAI NAMCO : Notice Regarding Revisions to Consolidated Projections58.0 KB
November 06, 2023
Share
November 7, 2023
Name of listed company: Bandai Namco Holdings Inc.
Name of representative:
Masaru Kawaguchi,
President and Representative Director (Code Number: 7832 TSE Prime Market) Contact: Yuji Asako, Director
Notice Regarding Revisions to Consolidated Projections
Bandai Namco Holdings Inc. (the "Company") hereby announces the revisions of the consolidated projections for the fiscal year ending March 31, 2024, which were announced on May 10, 2023, as described below.
1. Revisions to consolidated projections for the fiscal year ending March 31, 2024 (April 1, 2023 to March 31, 2024)
Profit
Basic
Operating
Recurring
attributable to
Net sales
earnings per
profit
profit
owners of
share
parent
(¥ million)
(¥ million)
(¥ million)
(¥ million)
Previous projections (A)
1,000,000
125,000
129,000
91,000
¥137.87
Revised projections (B)
1,000,000
125,000
134,000
91,000
137.85
Change in amount (B-A)
―
―
5,000
―
Change (%)
―
―
3.9
―
(Reference) Results for the previous
fiscal year
990,089
116,472
128,006
90,345
¥136.88
(The fiscal year ended March 31,
2023)
The Company conducted a share split with a ratio of three shares for every one share of common stock on April 1, 2023. Basic earnings per share were calculated assuming that the share split was conducted at the beginning of the previous fiscal year.
The Company has carefully reviewed its consolidated projections for the fiscal year ending March 31, 2024, giving attention to such factors as the actual results of the second quarter (six months), the development of the IP and the rollout of products and services in each business from the third quarter onward, and the impact of fluctuations in currency exchange rate. As a result, the Company expects non-operating income, mainly from currency exchange, to increase and has upwardly revised recurring profit from the projections announced on May 10, 2023.
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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.
BANDAI NAMCO Holdings Inc. specializes in the development and marketing of entertainment products and services. Net sales by activity break down as follows:
- designing, developing and selling interactive content and video games (44.6%);
- manufacturing and sale of toys and related products (34%): toys, housings, capsule products for vending machines, confectionery, clothing and accessories, figurines, reward items for amusement facilities, etc;
- designing, manufacturing and selling entertainment machines (12.6%). In addition, the group is developing an activity of operating entertainment installations;
- audiovisual content production (5.4%): cartoons, music, films, animations, etc. The group also provides music software publishing and live event broadcasting services;
- other (3.4%): including the sale of audiovisual rights.
Net sales are distributed geographically as follows: Japan (69.2%), Asia (9.7%), the Americas (12.6%) and Europe (8.5%).