BANDAI NAMCO : Consolidated Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2024135.4 KB

Bandai Namco Holdings Inc.

Consolidated Financial Report for the Second Quarter of

the Fiscal Year Ending March 31, 2024

November 7, 2023

DISCLAIMER

• This document is a translation of the cover page of the original "Kessan Tanshin" in Japanese. It is an abridged document until the completed translated version is available via the Companyʼs website.
• Bandai Namco Holdings Inc. provides this translation for your reference and convenience only and without any warranty as to its accuracy or otherwise. In the event of any discrepancy, the original "Kessan Tanshin" in
  Japanese shall prevail.
• This document contains forward-looking statements that are based on managementʼs estimates, assumptions and projections at the time of publication. A number of factors could cause actual results to differ materially from expectations.

Bandai Namco Holdings Inc.

Stock Listing: Tokyo Stock Exchange

Code Number: 7832

(URL: https://www.bandainamco.co.jp/)

November 7, 2023

Consolidated Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2024 (Japanese GAAP)

Representative:	Masaru Kawaguchi, President and Representative Director
Contact:	Yuji Asako, Director
Scheduled filing date of the quarterly security report:	November 9, 2023
Scheduled starting date for dividend payments:	December 8, 2023
The Financial Highlights of the Financial Results for the Quarter:	Yes
The information session of the Financial Results for the Quarter:	Yes (for institutional investors and analysts)

* Figures are in millions of yen, rounded down

1. Consolidated Results for the Second Quarter of the Fiscal Year Ending March 31, 2024 (April 1, 2023 to September 30, 2023)

1. Consolidated Operating Results (For the Six Months Ended September 30, 2023)

(Percentages indicate year-on-year changes.)

	Net sales		Operating profit	Recurring profit
	¥ million	%	¥ million	%	¥ million	%
Second Quarter of the Fiscal	502,002	5.1	65,479	(19.8)	73,931	(20.0)
Year Ending March 31, 2024
Second Quarter of the Fiscal	477,620	21.3	81,607	32.2	92,365	44.1
Year Ended March 31, 2023
	Profit attributable to	Basic earnings per share	Diluted earnings per
	owners of parent	share
	¥ million	%		¥		¥
Second Quarter of the Fiscal	52,167	(21.6)		79.03		-
Year Ending March 31, 2024
Second Quarter of the Fiscal	66,557	68.4		100.85		-
Year Ended March 31, 2023

(Note) Comprehensive income: 75,621 million yen [(16.7)%] (FY2024.3 2Q), 90,741 million yen [28.2%] (FY2023.3 2Q)

(Note) The Company conducted a share split with a ratio of three shares for every one share of common stock on April 1, 2023. Basic earnings per share were calculated assuming that the share split was conducted at the beginning of the previous fiscal year.

(2) Consolidated Financial Position

	Total assets	Net assets	Equity ratio
	¥ million	¥ million	%
As of September 30, 2023	974,757	688,830	70.6
As of March 31, 2023	926,358	652,133	70.4

(Reference) Equity: 688,533 million yen (as of September 30, 2023), 651,851 million yen (as of March 31, 2023)

2. Cash Dividends

				Annual cash dividends
	End of		End of	End of	Fiscal	Total
	first quarter		second quarter	third quarter	year-end
Fiscal Year Ended March 31, 2023		-	¥27.00	-	¥179.00	¥206.00
Fiscal Year Ending March 31, 2024		-	¥10.00
Fiscal Year Ending March 31, 2024				-	¥10.00	¥20.00
(Projections)

(Notes) 1. Revision to the projections of cash dividends for the Fiscal Year Ending March 31, 2024: No

Concerning the projected amounts of the year-end cash dividend for the fiscal year ending March 31, 2024, the base dividend is stated based on the Company's basic policy on the distribution of profits. The year-end cash dividend for the fiscal year ending March 31, 2024, will be considered by the Company based on the basic policy on the distribution of profits.

2. The Company conducted a share split with a ratio of three shares for every one share of common stock on April 1, 2023.

The actual amount of dividends based on before the aforementioned share split is stated for the fiscal year ended March 31, 2023.

3. Consolidated Projections for the Fiscal Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024)

(Percentages indicate year-on-year changes.)

	Net sales		Operating		Recurring		Profit attributable to	Basic earnings
				profit		profit		owners		per share
										of parent
	¥ million		%	¥ million		%	¥ million		%	¥ million		%	¥
Full Fiscal Year	1,000,000		1.0	125,000		7.3	134,000		4.7	91,000		0.7	137.85
(Note) Revision to the projections: Yes

Consolidated projections for the full fiscal year ending March 31, 2024 (announced on May 10, 2023) are revised in this document. For details of the revisions to the consolidated projections, please refer to "Notice Regarding Revisions to

Consolidated Projections" announced today (November 7, 2023).

* Notes

(1) Changes in Significant Subsidiaries during the Period

(Changes in Specified Subsidiaries Resulting in the Change in Scope of Consolidation): No

1. Application of Special Accounting for Preparing the Quarterly Consolidated Financial Statements: Yes
2. Changes in Accounting Policies, Changes in Accounting Estimation and Restatement
3. 1. Changes in accounting policies due to revisions to accounting standards and other regulations: No
   2. Changes in accounting policies due to other reasons: No
   3. Changes in accounting estimation: No
   4. Restatement: No
4. Number of Issued Shares (Common Stock)
5. 1. Total number of issued shares at the end of the period (including treasury stock)

As of September 30, 2023	666,000,000 shares
As of March 31, 2023	666,000,000 shares
b) Number of shares of treasury stock at the end of the period	5,813,708 shares
As of September 30, 2023
As of March 31, 2023	5,949,648 shares
c) Average number of shares during the period (cumulative from the beginning of the fiscal year)
For the Second Quarter of the Fiscal Year Ending March 31, 2024	660,108,524 shares
For the Second Quarter of the Fiscal Year Ended March 31, 2023	659,982,123 shares

(Note) The Company conducted a share split with a ratio of three shares for every one share of common stock on April 1, 2023. Total number of issued shares at the end of the period, number of shares of treasury stock at the end of the period, and average number of shares during the period have been calculated assuming that the share split was conducted at the beginning of the previous fiscal year.

• Quarterly Consolidated Financial Reports are not required to be subjected to quarterly reviews conducted by certified public accountants or an audit firm.

• Explanation on appropriate use of the projections of business results, etc.
• • Forward-LookingStatements:
    This document contains forward-looking statements that are based on managementʼs estimates, assumptions and projections at the time of publication and those forward-looking statements do not purport to be a promise by the Company to achieve such results. A number of factors could cause actual results to differ materially from expectations.
  • To Obtain Financial Highlights:
    The Financial Highlights will be posted on the Company's website on November 7, 2023.