DeNA Co. (2432) Q1 2027 earnings summary

Executive summary

• Management transition in late June 2026 accelerated strategic execution and business momentum.

• Q1 FY2026 revenue was ¥37,166 million, down 10.9% YoY, with operating profit at ¥7,411 million, down 46.3% YoY, both aligned with initial guidance.

• Profit before tax surged to ¥49,753 million, up 213.5% YoY, driven by a ¥39,517 million gain from the sale of GO Inc. shares after its IPO.

• Segment performance was mixed, with strong growth in Sports & Smart City and declines in Game and Live Streaming.

• Profit guidance for the period was withheld due to ongoing strategic updates and portfolio review.

Financial highlights

• Q1 FY2026 revenue: ¥37.2B, up 12% QoQ, down 11% YoY.

• IFRS operating profit: ¥7.4B, up 312% QoQ, down 46% YoY; Non-GAAP operating profit: ¥7.2B.

• Profit before tax: ¥49.8B, up 3,144% QoQ, 213% YoY, driven by equity gains.

• EPS: ¥333.13, up 1,553% QoQ, 231% YoY.

• Non-GAAP EBITDA: ¥9.2B in Q1 FY2026.

Outlook and guidance

• Full-year revenue forecast is ¥154,000 million (up 4.3% YoY), with IFRS and Non-GAAP operating profit both projected at ¥15,000 million (down 19.8% and 46.7% YoY, respectively).

• Strategic focus on business creation, M&A, AI-driven transformation, and unified marketing.

• No profit guidance disclosed due to difficulty in reasonable estimation amid portfolio updates.