DeNA : FY2021Q3 Operating Results

Q3 FY2021 Operating Results

February 8, 2022

DeNA Co., Ltd.

1. Financial Results & Financial Highlights

1

Business Progress & Highlights

	Revenue	31.0 billion yen	(-9% YoY)
Q3 Financial Results	Operating profit (IFRS)	2.2 billion yen	(-50	YoY)
Operating profit (Non-GAAP)	1.3 billion yen	(-76% YoY)
Summary
	Profit for the period attributable	4.0 billion yen	(+43	YoY)
	to owners of the parent
	• Game Business: FY2021 performance mainly from existing
Entertain	titles, and ample new title lineup planned for FY2022
• Live Streaming Business: No change in long term Pococha
	Japan trends, making progress in other initiatives to achieve
	leaps in growth
	• Sports Business: Steady recovery from last season
Serve	• Healthcare Business: Q3 had significantly increased revenue
year on year and the first posted profit; seeing good signs of
	progress towards meaningful contribution in next three years

2

Financial Results Summary

(billion yen)		FY2020				FY2021				FY2020	FY2021
	Q1	Q2	Q3	Q4	Q1	Q2	Q3	QoQ	YoY		Apr-Dec	Apr-Dec	YoY
	change	change		change
Revenue (IFRS)	30.0	38.8	34.1	34.0	34.1	34.0	31.0	-9%	-9%		102.9	99.1	-4%
Operating profit (IFRS)	12.6	8.3	4.4	-2.8	5.5	7.9	2.2	-72%	-50%	25.3	15.6	-39%
Operating profit (Non-GAAP)*	2.5	8.1	5.2	-0.2	4.7	5.1	1.3	-75%	-76%	15.8	11.1	-30%
Finance income / costs (net)	2.6	0.1	1.3	1.5	2.8	-0.6	1.7	-	27%	4.0	3.9	-4%
Share of profit (loss) of associates
accounted for using the equity	-0.7	3.2	-1.3	2.1	9.4	2.9	0.8	-73%	-	1.2	13.1	1,032%
method
Profit before tax	14.5	11.6	4.4	0.7	17.6	10.2	4.7	-54%	7%		30.5	32.6	7%
Profit for the period attributable to	9.9	9.3	2.8	3.7	14.5	8.2	4.0	-52%	43%	21.9	26.7	22%
owners of the parent
EPS (Yen)	79.86	74.92	22.53	30.02	119.81	69.54	33.60	-52%	49%	177.35	223.69	26%
(Reference) Financial results excl. highly seasonal Sports
Revenue	28.8	33.3	29.9	32.1	28.2	30.4	28.2	-7%	-6%	92.1	86.9	-6%
Operating profit (Non-GAAP)*	4.6	7.0	5.7	1.9	3.7	5.5	2.5	-54%	-55%	17.3	11.7	-32%

*For full reconciliation of IFRS to Non-GAAP metrics, please see the reference materials at the end of the presentation.

3

Financial Results by Segment (IFRS)

(billion yen)		FY2020				FY2021
	Q1	Q2	Q3	Q4	Q1	Q2	Q3	QoQ	YoY
	change	change
Revenue	30.0	38.8	34.1	34.0	34.1	34.0	31.0	-9%	-9%
Game	21.2	25.4	21.7	23.0	18.8	20.0	17.2	-14%	-21%
Sports*	1.2	5.5	4.2	2.0	5.8	3.6	2.8	-22%	-33%
Live streaming	5.7	5.8	6.0	6.7	7.9	8.8	8.9	2%	49%
Healthcare	0.4	0.5	0.6	0.6	0.4	0.7	1.1	62%	81%
New Businesses and Others	1.6	1.7	1.7	1.9	1.1	0.9	1.0	12%	-40%
Adjustments	-0.2	-0.0	-0.0	-0.0	-0.0	-0.0	-0.0	-	-
Operating profit/loss	12.6	8.3	4.4	-2.8	5.5	7.9	2.2	-72%	-50%
Operating profit margin	42%	22%	13%	-	16%	23%	7%	-	-
Segment profit / loss	2.6	8.3	4.5	1.5	4.8	2.9	1.2	-58%	-72%
Game	4.6	6.4	3.5	4.3	3.3	3.1	2.1	-31%	-39%
Sports*	-2.1	1.1	-0.5	-2.1	1.0	-0.3	-1.3	-	-
Live streaming	0.8	1.6	1.4	1.4	1.6	1.2	0.6	-53%	-59%
Healthcare	-0.4	-0.3	-0.2	-0.3	-0.4	-0.2	0.1	-	-
New Businesses and Others	-0.2	-0.1	0.0	0.0	-0.1	-0.1	-0.0	-	-
Overhead costs and Adjustments	-0.2	-0.4	0.2	-1.8	-0.7	-0.9	-0.3	-	-
Other income**	10.1	0.1	0.9	0.2	1.0	5.0	1.0	-80%	14%
Other expenses**	0.1	0.0	0.9	4.6	0.4	0.0	0.0	-22%	-97%

FY2020	FY2021
Apr-Dec	Apr-Dec	YoY
change
102.9	99.1	-4%
68.3	56.0	-18%
10.9	12.3	13%
17.5	25.7	47%
1.5	2.1	41%
5.0	3.1	-38%
-0.2	-0.1	-
25.3	15.6	-39%
25%	16%	-
15.3	9.0	-41%
14.5	8.5	-41%
-1.5	-0.6	-
3.8	3.5	-9%
-0.9	-0.4	-
-0.2	-0.1	-
-0.4	-1.9	-
11.1	7.0	-37%
1.1	0.4	-60%

*Supplemental information regarding the number of home games held per quarter for the highly seasonal baseball business:
FY2021:	Q1	36, Q2 21, Q3 12 (held with spectators in the stadium, although restrictions in place in accordance with the situation)	4
FY2020:	Q1	9 (held without spectators in stadium), Q2 35, Q3 16, Q4 2

**Includes non-extraordinary gains and losses under Japanese GAAP (e.g. Loss on sales / retirement of tangible / intangible assets).