DeNA Co. (2432) Q4 2025 earnings summary

Executive summary

• Fiscal Year 2024 saw revenue rise to JPY 164 billion, non-GAAP operating profit to JPY 32.9 billion, and IFRS operating profit to JPY 29 billion, reversing prior year losses and driven by strong Game and Sports business performance.

• Pokémon Trading Card Game Pocket launched globally, surpassing 100 million downloads and significantly boosting Game Business results.

• Sports Business delivered record attendance and profit growth, especially in professional baseball.

• Healthcare & Medical Business revenue increased, but impairment losses were recorded and growth expectations have been revised to a more gradual pace.

• Special cash dividend to be paid in FY2024 due to profit increase far exceeding expectations.

Financial highlights

• Revenue increased 20% year-over-year to JPY 164 billion; non-GAAP operating profit reached JPY 32.9 billion, and IFRS operating profit was JPY 29 billion, both up from prior year losses.

• EPS rose to JPY 217.24 from a loss of JPY 257.60; dividend per share increased to JPY 65.

• Operating cash flow improved to JPY 39 billion from a prior outflow; free cash flow reached JPY 26.7 billion.

• Cash and cash equivalents at year-end were JPY 92.8 billion, up from JPY 71.4 billion.

• Special bonuses and impairment losses in healthcare-related assets impacted SG&A.

Outlook and guidance

• No consolidated financial forecast for FY2025 due to uncertainty, especially in the Game segment and Pokémon Trading Card Game Pocket trends.

• Pipeline for new game titles will focus on new approaches and soft launch strategies; no conventional new titles announced.

• Focus remains on long-term live operations and capital efficiency, with ongoing feedback from capital markets.