BANDAI NAMCO Holdings Inc. Name of representative:
Mitsuaki Taguchi,
President and Representative Director (Code Number: 7832 TSE 1st section) Contact: Yuji Asako,
Director, Division General Manager
of the Corporate Planning Division
Notice Regarding Revisions to Consolidated Projections
BANDAI NAMCO Holdings Inc. ("the Company") hereby announces the decision, made at a Board of Directors meeting held today, to revise the consolidated projections for the second quarter (six months) of the fiscal year ending March 31, 2020 (April 1, 2019 to September 30, 2019), which were announced on May 9, 2019 as described below.
1. Revisions to consolidated projections for the second quarter (six months) of the fiscal year ending March 31, 2020 (April 1, 2019 to September 30, 2019)
Operating
Recurring
Profit
Basic
Net sales
attributable to
earnings per
profit
profit
owners of
share
parent
(¥ million)
(¥ million)
(¥ million)
(¥ million)
Previous projections (A)
340,000
31,000
31,500
23,000
¥104.65
Revised projections (B)
340,000
40,000
41,000
29,000
¥131.94
Change in amount (B-A)
0
9,000
9,500
6,000
-
Change (%)
0.0
29.0
30.2
26.1
-
(Reference)
Results for the same
period of the previous
fiscal year
334,665
43,935
45,802
34,188
¥155.56
(The second quarter of
the fiscal year ended
March 31, 2019)
2. Reasons for revisions
For the consolidated projections for the second quarter (six months) of the fiscal year ending March 31, 2020, the consolidated projections announced on May 9, 2019 have been revised as stated in the table above in light of the actual results for the first quarter (three months) of the fiscal year ending March 31, 2020, the marketing plans of the products and services scheduled in the second quarter, etc.
The consolidated projections for the full fiscal year are not revised in light of factors that include the continuation of dramatic changes in the market environment both in Japan and overseas and the coming Christmas and New Year selling season.
The above forward-looking statements are based on management's estimates, assumptions and projections at the time of publication. A number of factors could cause actual results to differ materially from expectations.
End of notice
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Bandai Namco Holdings Inc. published this content on 08 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2019 06:29:07 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%).