Bandai Namco Holdings Inc.
Consolidated Financial Report for the Second Quarter of
the Fiscal Year Ending March 31, 2023
November 10, 2022
DISCLAIMER
- Bandai Namco Holdings Inc. provides this translation for your reference and convenience only and without any warranty as to its accuracy or otherwise. In the event of any discrepancy, the original "Kessan Tanshin" in Japanese shall prevail.
- This document contains forward-looking statements that are based on managementʼs estimates, assumptions and projections at the time of publication. A number of factors could cause actual results to differ materially from expectations.
Bandai Namco Holdings Inc.
Stock Listing: Tokyo Stock Exchange Code Number: 7832
(URL: https://www.bandainamco.co.jp/)
November 10, 2022
Consolidated Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2023 (Japanese GAAP)
Representative: Masaru Kawaguchi, President and Representative Director
Contact: | Yuji Asako, Director | ||
Scheduled filing date of the quarterly security report: | November 14, 2022 | ||
Scheduled starting date for dividend payments: | December 9, 2022 | ||
The Financial Highlights of the Financial Results for the Quarter: | Yes | ||
The information session of the Financial Results for the Quarter: | Yes (for institutional investors and analysts) |
* Figures are in millions of yen, rounded down
1. Consolidated Results for the Second Quarter of the Fiscal Year Ending March 31, 2023 (April 1, 2022 to September 30, 2022)
- Consolidated Operating Results (For the Six Months Ended September 30, 2022)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Recurring profit | ||||
¥ million | % | ¥ million | % | ¥ million | % | |
Second Quarter of the Fiscal | 477,620 | 21.3 | 81,607 | 32.2 | 92,365 | 44.1 |
Year Ending March 31, 2023 | ||||||
Second Quarter of the Fiscal | 393,646 | 16.8 | 61,751 | 34.4 | 64,111 | 35.8 |
Year Ended March 31, 2022 | ||||||
Profit attributable to | Basic earnings per share | Diluted earnings per | ||||
owners of parent | share | |||||
¥ million | % | ¥ | ¥ | |||
Second Quarter of the Fiscal | 66,557 | 68.4 | 302.54 | - | ||
Year Ending March 31, 2023 | ||||||
Second Quarter of the Fiscal | 39,527 | 24.6 | 179.92 | - | ||
Year Ended March 31, 2022 |
(Note) Comprehensive income: 90,741 million yen [28.2%] (FY2023.3 2Q), 70,776 million yen [60.2%] (FY2022.3 2Q)
(2) Consolidated Financial Position
Total assets | Net assets | Equity ratio | |
¥ million | ¥ million | % | |
As of September 30, 2022 | 910,138 | 632,721 | 69.5 |
As of March 31, 2022 | 862,650 | 584,233 | 67.7 |
(Reference) Equity: 632,436 million yen (as of September 30, 2022), 583,995 million yen (as of March 31, 2022)
2. Cash Dividends
Annual cash dividends | |||||||
End of | End of | End of | Fiscal | Total | |||
first quarter | second quarter | third quarter | year-end | ||||
Fiscal Year Ended March 31, 2022 | - | ¥24.00 | - | ¥188.00 | ¥212.00 | ||
Fiscal Year Ending March 31, 2023 | - | ¥27.00 | |||||
Fiscal Year Ending March 31, 2023 | - | ¥27.00 | ¥54.00 | ||||
(Projections) |
(Note) Revision to the projections of cash dividends for the Fiscal Year Ending March 31, 2023: No
Concerning the projected amounts of the year-end cash dividend for the fiscal year ending March 31, 2023, the base dividend is stated based on the Companyʼs basic policy on the distribution of profits. The year-end cash dividend for the fiscal year ending March 31, 2023, will be considered by the Company based on the basic policy on the distribution of profits.
3. Consolidated Projections for the Fiscal Year Ending March 31, 2023 (April 1, 2022 to March 31, 2023)
(Percentages indicate year-on-year changes.)
Net sales | Operating | Recurring | Profit attributable to | Basic earnings | |||||||||
profit | profit | owners | per share | ||||||||||
of parent | |||||||||||||
¥ million | % | ¥ million | % | ¥ million | % | ¥ million | % | ¥ | |||||
Full Fiscal Year | 940,000 | 5.7 | 128,000 | 2.0 | 139,000 | 4.0 | 95,000 | 2.4 | 431.81 | ||||
(Note) Revision to the projections: Yes |
Consolidated projections for the full fiscal year ending March 31, 2023 (announced on May 11, 2022) are revised in this document. For details of the revisions to the consolidated projections, please refer to "Notice Regarding Differences Between Consolidated Projections and Actual Results and Revisions to Consolidated Projections" announced today (November 10, 2022).
* Notes
(1) Changes in Significant Subsidiaries during the Period
(Changes in Specified Subsidiaries Resulting in the Change in Scope of Consolidation): No
-
Application of Special Accounting for Preparing the Quarterly Consolidated Financial Statements: Yes
(Note) For more details, please refer to the section of "(3) Notes to Consolidated Financial Statements, (Application of Special Accounting for Preparing the Quarterly Consolidated Financial Statements)" of "2. Consolidated Financial Statements and Significant Notes" on page 12 of the attached material. - Changes in Accounting Policies, Changes in Accounting Estimation and Restatement
- Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
- Changes in accounting policies due to other reasons: No
- Changes in accounting estimation: No
- Restatement: No
(Note) For more details, please refer to the section of "(3) Notes to Consolidated Financial Statements, (Changes in Accounting Policies)" of "2. Consolidated Financial Statements and Significant Notes" on page 12 of the attached material.
(4) Number of Issued Shares (Common Stock) | |
a) Total number of issued shares at the end of the period (including treasury stock) | 222,000,000 shares |
As of September 30, 2022 | |
As of March 31, 2022 | 222,000,000 shares |
b) Number of shares of treasury stock at the end of the period | |
As of September 30, 2022 | 1,983,005 shares |
As of March 31, 2022 | 2,023,206 shares |
c) Average number of shares during the period (cumulative from the beginning of the fiscal year) | |
For the Second Quarter of the Fiscal Year Ending March 31, 2023 | 219,994,041 shares |
For the Second Quarter of the Fiscal Year Ended March 31, 2022 | 219,692,126 shares |
- Quarterly Consolidated Financial Reports are not required to be subjected to quarterly reviews conducted by certified public accountants or an audit firm.
- Explanation on appropriate use of the projections of business results, etc.
-
Forward-LookingStatements:
This document contains forward-looking statements that are based on managementʼs estimates, assumptions and projections at the time of publication and those forward-looking statements do not purport to be a promise by the Company to achieve such results. A number of factors could cause actual results to differ materially from expectations. Please refer to the section of "(3) Explanation Regarding Consolidated Projections and Other Forward-Looking Statements" of "1. Qualitative Information Regarding Consolidated Results for the Second Quarter" on page 3 of the attached material for matters pertaining to the earnings projections. - To Obtain Financial Highlights:
The Financial Highlights will be posted on the Company's website on November 10, 2022.
-
Forward-LookingStatements:
Attached Material | ||
Index | ||
1. Qualitative Information Regarding Consolidated Results for the Second Quarter | .................. 2 | |
(1) | Explanation Regarding Operating Results ........................................................................................................................ | 2 |
(2) | Explanation Regarding Financial Position ........................................................................................................................ | 3 |
(3) | Explanation Regarding Consolidated Projections and Other Forward-Looking Statements.......................................... | 3 |
2. Consolidated Financial Statements and Significant Notes ................................................... | 8 | |
(1) | Consolidated Balance Sheets............................................................................................................................................ | 8 |
(2) | Consolidated Statements of Operations and Consolidated Statements of Comprehensive Income ........................... | 10 |
(Consolidated Statements of Operations) ...................................................................................................................... | 10 | |
(Consolidated Statements of Comprehensive Income).................................................................................................. | 11 | |
(3) | Notes to Consolidated Financial Statements ................................................................................................................. | 12 |
(Notes on Premise of Going Concern) ............................................................................................................................. | 12 | |
(Notes on Significant Changes in the Amount of Stockholdersʼ Equity) ........................................................................ | 12 | |
(Application of Special Accounting for Preparing the Quarterly Consolidated Financial Statements) | ........................ 12 | |
(Changes in Accounting Policies) .................................................................................................................................... | 12 | |
(Segment Information).................................................................................................................................................... | 13 | |
(Significant Subsequent Events) ..................................................................................................................................... | 15 |
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Bandai Namco Holdings Inc. published this content on 10 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 December 2022 07:56:00 UTC.