BANDAI NAMCO : Consolidated Financial Report248.4 KB

Consolidated Financial Report for the First Quarter of

the Fiscal Year Ending March 31, 2022

August 5, 2021

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 management's estimates, assumptions and projections at the time of publication. A number of factors could cause actual results to differ materially from expectations.

Stock Listing: Tokyo Stock Exchange Code Number: 7832

(URL: https://www.bandainamco.co.jp/)

August 5, 2021

	Consolidated Financial Report for the First Quarter of
	the Fiscal Year Ending March 31, 2022 (Japanese GAAP)
Representative:	Masaru Kawaguchi, President and Representative Director
Contact:	Yuji Asako, Director, Division General Manager of the Corporate Planning Division
Scheduled filing date of the quarterly security report:	August 10, 2021
Scheduled starting date for dividend payments:	-

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 First Quarter of the Fiscal Year Ending March 31, 2022 (April 1, 2021 to June 30, 2021)

(1) Consolidated Operating Results (For the Three Months Ended June 30, 2021)

(Percentages indicate year-on-year changes.)

	Net sales		Operating profit	Recurring profit
	¥ million	%	¥ million	%	¥ million	%
First Quarter of the Fiscal Year	178,049	22.8	27,021	35.7	28,754	40.9
Ending March 31, 2022
First Quarter of the Fiscal Year	145,035	(8.9)	19,915	(12.8)	20,412	(14.3)
Ended March 31, 2021
	Profit attributable to	Basic earnings per share	Diluted earnings per share
	owners of parent
	¥ million	%		¥		¥
First Quarter of the Fiscal Year	20,917	58.7		95.22		-
Ending March 31, 2022
First Quarter of the Fiscal Year	13,181	(22.1)		60.01		-
Ended March 31, 2021

(Note) Comprehensive income: 24,541 million yen [49.6%] (FY2022.3 1Q), 16,401 million yen [19.4%] (FY2021.3 1Q)

(2) Consolidated Financial Position

	Total assets	Net assets	Equity ratio
	¥ million	¥ million	%
As of June 30, 2021	716,047	515,533	71.9
As of March 31, 2021	732,782	511,433	69.7

(Reference) Equity: 515,124 million yen (as of June 30, 2021), 510,515 million yen (as of March 31, 2021)

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, 2021		-	¥21.00		-	¥91.00	¥112.00
Fiscal Year Ending March 31, 2022		-
Fiscal Year Ending March 31, 2022			¥24.00		-	¥24.00	¥48.00
(Projections)

(Note) Revision to the projections of cash dividends for the Fiscal Year Ending March 31, 2022: No

Concerning the projected amounts of the end of second quarter and year-end cash dividends for the fiscal year ending March 31, 2022, the base dividend is stated based on the Company's basic policy on the distribution of profits. The year-end cash dividend for the fiscal year ending March 31, 2022, 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, 2022 (April 1, 2021 to March 31, 2022)

(Percentages indicate year-on-year changes.)

	Net sales		Operating	Recurring	Profit attributable	Basic earnings
				profit		profit		to owners		per share
										of parent
	¥ million		%	¥ million		%	¥ million		%	¥ million		%	¥
Six Months Ending	380,000		12.7	43,000		(6.4)	46,000		(2.5)	32,500		2.5	147.95
September 30, 2021
Full Fiscal Year	750,000		1.2	75,000		(11.4)	76,000		(13.3)	52,000		6.4	236.72

(Note) Revision to the projections: Yes

Consolidated projections for the six months ending September 30, 2021 (announced on May 11, 2021) are revised in this document. For details of the revisions to the consolidated projections, please refer to "Notice Regarding Revisions to Consolidated Projections" announced today (August 5, 2021).

* Notes

1. Changes in Significant Subsidiaries during the Period
   (Changes in Specified Subsidiaries Resulting in the Change in Scope of Consolidation): No
2. 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 9 of the attached material.
3. Changes in Accounting Policies, Changes in Accounting Estimation and Restatement
4. 1. Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
   2. Changes in accounting policies due to other reasons: No
   3. Changes in accounting estimation: No
   4. 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 9 of the attached material.

1. Number of Issued Shares (Common Stock)
2. 1. Total number of issued shares at the end of the period (including treasury stock)

As of June 30, 2021	222,000,000 shares
As of March 31, 2021	222,000,000 shares
b) Number of shares of treasury stock at the end of the period
As of June 30, 2021	2,326,804 shares
As of March 31, 2021	2,326,752 shares

c) Average number of shares during the period (cumulative from the beginning of the fiscal year)

For the First Quarter of the Fiscal Year Ending March 31, 2022	219,673,187 shares
For the First Quarter of the Fiscal Year Ended March 31, 2021	219,663,928 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 management's 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 First 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 August 5, 2021.

Attached Material
Index
1. Qualitative Information Regarding Consolidated Results for the First 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 ................................................................	5
(1)	Consolidated Balance Sheets..............................................................................................................................................	5
(2)	Consolidated Statements of Operations and Consolidated Statements of Comprehensive Income ...................................	7
	(Consolidated Statements of Operations) ...........................................................................................................................	7
	(Consolidated Statements of Comprehensive Income).......................................................................................................	8
(3)	Notes to Consolidated Financial Statements ......................................................................................................................	9
	(Notes on Premise of Going Concern) ...............................................................................................................................	9
	(Notes on Significant Changes in the Amount of Stockholders' Equity) ...........................................................................	9
	(Application of Special Accounting for Preparing the Quarterly Consolidated Financial Statements) ..............................	9
	(Changes in Accounting Policies) ......................................................................................................................................	9
	(Segment Information) .....................................................................................................................................................	11

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