BANDAI NAMCO (7832) Q2 2026 earnings summary

Executive summary

• First-half net sales rose 5.3% year-over-year to ¥643.8 billion, exceeding forecasts, but operating profit declined 7.2% to ¥105.4 billion and profit attributable to owners of parent fell 2.3% to ¥78.9 billion.

• Record-high performance in the Toys and Hobby segment, with robust demand for model kits, card games, and Tamagotchi, and strong sales in the Gundam series.

• Digital segment benefited from new network content and home console games, but profit declined due to fewer repeat titles.

• The company launched a new three-year Mid-term Plan focused on expanding business scale, acquiring new business pillars, and maximizing IP value globally.

Financial highlights

• Net sales for the first half reached ¥643.8 billion, up 5.3% year-over-year and ¥38.8 billion above forecast.

• Operating profit was ¥105.4 billion, down ¥8.2 billion year-over-year but ¥15.4 billion above forecast.

• Profit attributable to owners of parent was ¥78.9 billion, a slight decrease year-over-year but ¥13.9 billion above forecast.

• Ordinary profit decreased 4.6% year-over-year to ¥110.2 billion.

• Basic earnings per share for the period were ¥121.91, down from ¥123.39 in the prior year.

Outlook and guidance

• Full-year net sales forecast revised upward to ¥1,250.0 billion, up ¥50.0 billion from previous guidance.

• Full-year operating profit forecast increased to ¥165.0 billion, up ¥20.0 billion from prior forecast.

• Projections reflect strong first-half results, current business trends, and updated market conditions.

• The company expects continued uncertainty in global markets and is focused on adapting to changing customer preferences and competition.