BANDAI NAMCO : Consolidated Financial Report329.9 KB

Consolidated Financial Report for the Second Quarter of

the Fiscal Year Ending March 31, 2022

November 9, 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/)

November 9, 2021

Consolidated Financial Report for the Second 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:	November 11, 2021
Scheduled starting date for dividend payments:	December 7, 2021

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, 2022 (April 1, 2021 to September 30, 2021)

1. Consolidated Operating Results (For the Six Months Ended September 30, 2021)

(Percentages indicate year-on-year changes.)

			Net sales		Operating profit			Recurring profit
			¥ million	%	¥ million	%			¥ million	%
	Second Quarter of the Fiscal Year	393,646	16.8		61,751	34.4		64,111	35.8
	Ending March 31, 2022
	Second Quarter of the Fiscal Year	337,122	(3.5)		45,930	(4.2)		47,193	(3.2)
	Ended March 31, 2021
			Profit attributable to	Basic earnings per share		Diluted earnings per share
			owners of parent
			¥ million	%			¥				¥
	Second Quarter of the Fiscal Year	39,527	24.6			179.92				-
	Ending March 31, 2022
	Second Quarter of the Fiscal Year	31,715	(8.4)			144.38				-
	Ended March 31, 2021
	(Note) Comprehensive income: 70,776	million yen [60.2%] (FY2022.3	2Q), 44,190 million yen [46.1%] (FY2021.3 2Q)
(2) Consolidated Financial Position
			Total assets	Net assets	Equity ratio
			¥ million		¥ million			%
	As of September 30, 2021	797,233		562,111		70.5
	As of March 31, 2021	732,782		511,433		69.7

(Reference) Equity: 561,716 million yen (as of September 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		-	¥24.00
Fiscal Year Ending March 31, 2022					-	¥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 year-end cash dividend 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

%

¥

Full Fiscal Year

795,000

7.3

90,000

6.3

93,000

6.1

58,000

18.6

263.99

(Note)

Revision to the projections: Yes

Consolidated projections for the full fiscal year ending March 31, 2022 (announced on May 11, 2021) 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 9, 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.

(4) Number of Issued Shares (Common Stock)

a) Total number of issued shares at the end of the period (including treasury stock)

As of September 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 September 30, 2021	2,282,724 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 Second Quarter of the Fiscal Year Ending March 31, 2022	219,692,126 shares
For the Second Quarter of the Fiscal Year Ended March 31, 2021	219,667,816 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 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 9, 2021.

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................................................................	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
	(Significant Subsequent Events) ......................................................................................................................................	14

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