BANDAI NAMCO (7832) Q1 2025 earnings summary

Executive summary

• Net sales rose 24.8% year-over-year to ¥280.6 billion in Q1 FY2025.3, with operating profit up 57.7% to ¥44.0 billion and profit attributable to owners up 56.7% to ¥34.0 billion.

• Strong performance was driven by effective portfolio management, diverse IP, hit digital content (notably ELDEN RING SHADOW OF THE ERDTREE), robust toys and hobby sales, and growth in IP production and amusement businesses.

• The company continues to execute its mid-term plan focused on the IP axis strategy, global expansion, and sustainability initiatives.

Financial highlights

• Net sales increased by ¥55.8 billion year-over-year to ¥280.6 billion, with operating profit up ¥16.1 billion to ¥44.0 billion and recurring profit up ¥16.3 billion to ¥49.0 billion.

• Basic earnings per share rose to ¥52.05 from ¥33.01 year-over-year.

• Capital investments reached ¥12.3 billion, up ¥5.4 billion year-over-year.

• Comprehensive income reached ¥41,804 million, up 3.4% year-over-year.

• Equity ratio improved to 72.8% from 72.0% at the end of the previous fiscal year.

Outlook and guidance

• Six-month projections revised upward: net sales ¥555.0 billion, operating profit ¥82.0 billion, profit attributable to owners ¥60.0 billion, reflecting strong Q1 and positive business trends.

• Full-year guidance remains at ¥1,080.0 billion net sales and ¥115.0 billion operating profit, with profit attributable to owners forecast at ¥81.0 billion.

• Guidance reflects strong Q1 performance and anticipated trends in major titles and seasonal sales.