Bandai Namco Holdings Inc. Announces Sales Results for the April-June Quarter of 2014; Provides Sales Guidance for the Full Year Ending March 2015 and Earnings Guidance for the Period from April to September of 2014
August 05, 2014 at 07:17 am EDT
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Bandai Namco Holdings Inc. announced sales results for the April-June quarter of 2014. Sales from the products totaled JPY 6.5 billion in the April-June quarter.
The sales from the products for the full fiscal year ending in March 2015 may reach JPY 14 billion, exceeding the company's target of JPY 7 billion.
For the period from April-September, the company raised its consolidated sales forecast by JPY 20 billion to JPY 255 billion and its net profit estimate by JPY 3.5 billion to JPY 16 billion.
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%).
Bandai Namco Holdings Inc. Announces Sales Results for the April-June Quarter of 2014; Provides Sales Guidance for the Full Year Ending March 2015 and Earnings Guidance for the Period from April to September of 2014