BANDAI NAMCO : Financial Highlights for the First Half of the Fiscal Year Ending March 31, 2023156.3 KB

November 10, 2022

Financial Highlights for the First Half of the Fiscal Year Ending March 31, 2023

Bandai Namco Holdings Inc.: Consolidated Financial Results

Summary of Income Statement											(millions of yen)
			FY2022.3					FY2023.3
		1st Half	Full Year Results		1st Half	% vs	Full Year	Full Year			% vs
		Results		Results	Prior Year	Plan	New Forecasts		Prior Year
Net Sales		393,646		889,270		477,620	121.3%	880,000				940,000	105.7%
Gross Profit		160,527		356,266		195,616	121.9%	338,000				370,000	103.9%
Operating Profit		61,751		125,496		81,607	132.2%	100,000				128,000	102.0%
Recurring Profit		64,111		133,608		92,365	144.1%	101,000				139,000	104.0%
Profit Attributable to		39,527		92,752		66,557	168.4%	70,000				95,000	102.4%
Owners of Parent
Net Sales by Segment											(millions of yen)
			FY2022.3					FY2023.3
		1st Half	Full Year Results		1st Half	% vs	Full Year	Full Year			% vs
		Results		Results	Prior Year	Plan	New Forecasts		Prior Year
Entertainment (Digital)		149,597		378,173		193,897	129.6%	350,000				370,000	97.8%
Entertainment (Toys and Hobby)		178,123		373,625		213,368	119.8%	400,000				430,000	115.1%
IP Production		36,128		79,964		35,065	97.1%	80,000				80,000	100.0%
Amusement		39,005		82,344		48,657	124.7%	85,000				97,000	117.8%
Other		13,642		27,667		15,070	110.5%	26,000				26,000	94.0%
Elimination and Corporate		(22,850)		(52,504)		(28,439)	-	(61,000)				(63,000)	-
Total		393,646		889,270		477,620	121.3%	880,000				940,000	105.7%
Operating Profit by Segment											(millions of yen)
			FY2022.3					FY2023.3
		1st Half	Full Year Results	OP Margin		1st Half	% vs	Full Year	Full Year	OP Margin	% vs
		Results		Results	Prior Year	Plan	New Forecasts	Prior Year
Entertainment (Digital)		26,008	69,634	18.4%		44,649	171.7%	45,000	63,000			17.0%	90.5%
Entertainment (Toys and Hobby)		33,092	52,319	14.0%		33,562	101.4%	53,000	61,000			14.2%	116.6%
IP Production		4,006	8,833	11.0%		3,459	86.3%	10,000	10,000			12.5%	113.2%
Amusement		2,447	4,051	4.9%		4,804	196.3%	2,000	5,000			5.2%	123.4%
Other		580	347	1.3%		456	78.6%	0	1,000			3.8%	288.2%
Elimination and Corporate		(4,385)	(9,689)	-		(5,324)	-	(10,000)	(12,000)			-	-
Total		61,751	125,496	14.1%		81,607	132.2%	100,000	128,000			13.6%	102.0%
Reference: Net Sales by Region (External sales after elimination)							(millions of yen)
			FY2022.3					FY2023.3
		1st Half	Full Year Results		1st Half	% vs	Full Year	Full Year			% vs
		Results		Results	Prior Year	Plan	New Forecasts		Prior Year
Japan		295,487		625,460		335,861	113.7%	640,000				670,000	107.1%
Americas		34,254		99,204		52,651	153.7%	84,000				98,000	98.8%
Europe		25,811		82,544		45,047	174.5%	66,000				83,000	100.6%
Asia		38,096		82,063		44,059	115.7%	90,000				89,000	108.5%
Elimination and Corporate		-		-		-	-	-				-	-
Total		393,646		889,270		477,620	121.3%	880,000				940,000	105.7%
Reference: Operating Profit by Region										(millions of yen)
			FY2022.3					FY2023.3
		1st Half	Full Year Results	OP Margin		1st Half	% vs	Full Year	Full Year	OP Margin	% vs
		Results		Results	Prior Year	Plan	New Forecasts	Prior Year
Japan		52,614	104,611	16.7%		72,611	138.0%	91,000	120,000			17.9%	114.7%
Americas		4,179	5,495	5.5%		6,159	147.4%	5,000	9,500			9.7%	172.9%
Europe		3,238	13,727	16.6%		5,039	155.6%	2,000	6,000			7.2%	43.7%
Asia		7,553	14,045	17.1%		8,801	116.5%	9,000	12,000			13.5%	85.4%
Elimination and Corporate		(5,832)	(12,383)	-		(11,003)	-	(7,000)	(19,500)			-	-
Total		61,751	125,496	14.1%		81,607	132.2%	100,000	128,000			13.6%	102.0%
Other Data											(millions of yen)
			FY2022.3					FY2023.3
		1st Half	Full Year Results		1Q	% vs	1st Half	Full Year Plan		% vs
		Results		Results	Prior Year	Forecasts		Prior Year
Capital Investments		13,043		27,968		16,561	127.0%	25,000				25,000	89.4%
Depreciation		12,551		25,726		11,266	89.8%	25,000				25,000	97.2%
Advertising Expenses		19,082		53,555		22,432	117.6%	56,000				57,000	106.4%
Personnel Expenses		35,786		73,086		39,096	109.2%	73,000				75,000	102.6%

Note: As the Group partially changed the classification of business segments from FY2023.3, the figures for FY2022.3 have been restated accordingly.

Forward-looking Statements: This document contains figures that are based on the information currently available to management and estimate involving uncertain factors thought likely to have an effect on future results.

【Sales of IPs (Groupwide)】				(billion yen)
	FY2022.3	FY2023.3
	1st Half	Full Year	1st Half	Full Year
	Results	Results	Results	Forecasts
Aikatsu!	1.3	1.9	0.4	1.0
Anpanman	4.2	9.3	4.7	10.5
Ultraman	6.5	16.8	8.9	20.5
KAMEN RIDER	13.3	29.5	14.2	32.0
Mobile Suit Gundam	50.2	101.7	62.4	132.0
Super Sentai	2.6	5.0	3.5	6.0
DRAGON BALL	61.2	127.6	65.7	130.5
NARUTO	11.7	23.0	10.2	18.0
Pretty Cure	3.1	5.8	2.9	6.0
ONE PIECE	21.6	44.1	35.9	70.0

*Figures are calculated based on sales before elimination of inter-segment transactions.

【Sales of IPs (Toys and Hobby Business, Japan)】		(billion yen)
	FY2022.3	FY2023.3
	1st Half	Full Year	1st Half	Full Year
	Results	Results	Results	Forecasts
Aikatsu!	0.7	1.0	0.3	0.5
Anpanman	3.9	8.7	4.3	9.5
Ultraman	3.8	8.0	4.7	9.5
KAMEN RIDER	9.9	22.8	9.5	23.0
Mobile Suit Gundam	21.8	44.2	30.1	57.5
Super Sentai	2.2	4.4	2.9	5.5
DRAGON BALL	10.1	19.7	12.0	21.0
Pretty Cure	3.0	5.7	2.9	6.0
Pokémon	2.6	5.9	4.1	8.0
ONE PIECE	5.3	10.0	12.3	25.0

*Figures are calculated based on sales before elimination of inter-segment transactions.

【Digital Business (Sales by major category)】		(billion yen)
	FY2022.3	FY2023.3
	1st Half	Full Year	1st Half	Full Year
	Results	Results	Results	Forecasts
Network content	86.3	185.5	94.0	193.0
Home video game	55.7	174.4	85.1	157.0

【Home Video Game (Number of titles and unit sales)】

		FY2022.3				FY2023.3
	1st Half Results	Full Year Results	1st Half Results	Full Year Forecasts
	# of	Units Sold	# of	Units Sold	# of	Units Sold	# of	Units Sold
	New Titles	(thousand)	New Titles	(thousand)	New Titles	(thousand)	New Titles	(thousand)
Japan	23	1,374	53	4,650	40		5,556	85	11,000
Americas	17	9,223	46	25,054	33		10,063	75	19,000
Europe	19	9,003	49	27,143	33		8,998	70	16,000
Group Total	59	19,600	148	56,847	106		24,617	230	46,000
Localized versions	34	-	82	-	78		-	155	-
After elimination of localized versions
Group Total	25	0	66	56,847	28		24,617	75	46,000
					Note: Breakdown of Japan and Europe has partially been changed.
【Digital Card Sales (Units sold)】		(million pieces)
	FY2022.3	FY2023.3
	1st Half	Full Year	1st Half	Full Year
	Results	Results	Results	Forecasts
Digital card sales	62	142	90	160

*Figures are estimates based on management accounting.

【IP Production Business (Sales by major category)】

						(billion yen)
		FY2022.3	FY2023.3
				1st Half	Full Year
		1st Half	Full Year
		Results	Results	Results	Forecasts
Packages		5.5	12.4	5.4		12.0
Production, license,
distribution, events	30.6	67.5	29.6		68.0
and others
Total		36.1	79.9	35.0		80.0
【Amusement Business (Sales by major category)】		(billion yen)
			FY2022.3	FY2023.3
			1st Half	Full Year	1st Half	Full Year
			Results	Results	Results	Forecasts
Amusement machines		10.3	20.8		11.4	27.0
Amusement facility		28.6	61.5		37.2	70.0
【Number of Amusement Facilities】
				FY2022.3	FY2023.3
							1st Half	Full Year
				1st Half	Full Year
				Results	Results	Results	Forecasts
		Start of term	244		244	240	240
	Japan	Openings	2		7	3	6
	Closures	5		11	2	3
		Increase/Decrease	△ 3	△ 4	1	3
		End of term	241		240	241	243
Directly		Start of term	22		22	21	21
Overseas	Openings	1		1	2	2
managed	Closures	2		2	0	0
facilities		Increase/Decrease	△ 1	△ 1	2	2
		End of term	21		21	23	23
		Start of term	266		266	261	261
	Total	Openings	3		8	5	8
	Closures	7		13	2	3
		Increase/Decrease	△ 4	△ 5	3	5
		End of term	262		261	264	266
Revenue-		Japan		535		551	632	644
sharing		Overseas		16		16	16	15
facilities		Total		551		567	648	659
Others		Total		4		5	9	9
	Facilities Total		817		833	921	934
【Amusement Facilities (Existing-store sales, YOY, Japan)】
	Apr.	May	Jun.	1Q	Jul.	Aug.	Sep.	2Q	1st Half
	(3 mo.)	(3 mo.)
FY2023.3	110.7%	145.7%	126.6%	127.1%		108.5%	123.9%	119.3%	117.3%	121.6%
FY2022.3	503.9%	380.0%	103.0%	215.6%		119.3%	115.8%	92.7%	109.2%	139.1%
	Oct.	Nov.	Dec.	3Q		Jan.	Feb.	Mar.	4Q	2nd Half	Full Year
	(3 mo.)	(3 mo.)

FY2023.3									100.0%	110.0%
FY2022.3	94.0%	88.4%	110.6%	97.8%	115.8%	93.7%	98.3%	103.2%	100.4%	115.5%

*Figures are estimates based on management accounting.