BANDAI NAMCO (7832) Q1 2026 earnings summary

Executive summary

• Net sales reached a record-high ¥300.4B for the first quarter, up 7.1% year-over-year, with operating profit rising 17.9% to ¥51.9B and profit attributable to owners of parent up 12.6% to ¥38.3B.

• Growth was driven by strong Gundam sales, cross-group initiatives, and robust performance in Toys and Hobby, Digital, and Visual and Music segments.

• All major business segments except Amusement posted year-over-year increases in both revenue and profit.

• The Group launched a new three-year Mid-term Plan in April 2025, focusing on business scale expansion and long-term profit structure.

Financial highlights

• Net sales rose to ¥300.4B from ¥280.6B year-over-year, with gross profit increasing to ¥125,997M from ¥110,132M.

• Operating profit increased to ¥51.9B from ¥44.0B; ordinary profit reached ¥54.7B.

• Profit attributable to owners of parent was ¥38.3B, up ¥4.3B year-over-year; comprehensive income reached ¥42.1B.

• Equity ratio improved to 73.9% from 71.9% at the end of the previous fiscal year.

• Advertising expenses and depreciation both increased, reflecting higher investment.

Outlook and guidance

• Revised first-half forecast upward: net sales expected at ¥605.0B, operating profit at ¥90.0B, profit attributable to owners of parent at ¥65.0B, and basic EPS ¥100.43.

• Full-year forecast unchanged: net sales ¥1,200.0B, operating profit ¥145.0B, profit attributable to owners of parent ¥100.0B, and basic EPS ¥154.51.

• Management expects continued uncertainty in global markets and is focused on adapting to changing customer preferences and competitive dynamics.

• Careful assessment planned due to rapidly changing market trends and key title launches.