DeNA Co. (2432) Q3 2025 earnings summary

Executive summary

• Q3 FY2024 saw significant revenue and profit growth, driven by the launch of Pokémon Trading Card Game Pocket and strong sports business performance.

• Revenue for the nine months ended December 31, 2024 rose 12.1% year-over-year to ¥116,727 million, with operating profit of ¥20,979 million versus a loss of ¥27,626 million a year earlier.

• Profit attributable to owners of the parent was ¥15,755 million, reversing a loss of ¥31,233 million in the prior year period.

• Cost of sales and SG&A expenses both declined year-over-year, supporting improved profitability.

• All major business segments contributed to improved profitability, with notable turnarounds in the game and live streaming businesses.

Financial highlights

• Q3 FY2024 revenue: 46.5 billion yen (+28% QoQ, +60% YoY); Apr–Dec revenue: 116.7 billion yen (+12% YoY).

• Q3 FY2024 operating profit (IFRS): 15.5 billion yen (333% QoQ); Non-GAAP: 15.5 billion yen (290% YoY).

• Basic earnings per share was ¥141.48, compared to a loss per share of ¥280.51 in the prior year.

• Total assets grew to ¥354,007 million, and total equity attributable to owners of the parent rose to ¥229,332 million.

• Cash and cash equivalents at period end were ¥73,677 million, up ¥2,281 million from the previous fiscal year end.

Outlook and guidance

• Full-year revenue expected to increase year-over-year, with non-GAAP operating profit also rising.

• No consolidated financial results forecast provided due to estimation difficulties.

• Game business expects significant YoY increases in revenue and profit, but trends for new titles like Pokémon Trading Card Game Pocket remain uncertain.

• Live streaming business anticipates a YoY revenue decrease but continues cost control for profitability.

• Other businesses aim for YoY growth in both revenue and profit while investing for future expansion.