Q3 FY2022 Operating Results
February 8, 2023
DeNA Co., Ltd.
©︎ DeNA Co., Ltd. | 1 |
1. Financial Results Summary & Financial Highlights
2
Financial Results Summary*
(billion yen) | FY2021 | FY2022 | FY2021 | FY2022 | |||||||||
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | QoQ | YoY | Apr-Dec | Apr-Dec | YoY | ||
change | change | change | |||||||||||
Revenue (IFRS) | 34.1 | 34.0 | 31.0 | 31.7 | 34.8 | 36.4 | 30.2 | -17% | -3% | 99.1 | 101.4 | 2% | |
Operating profit (IFRS)** | 5.5 | 7.9 | 2.2 | -4.1 | 4.0 | 3.1 | -2.0 | - | - | 15.6 | 5.1 | -68% | |
Operating profit (Non-GAAP) | 4.7 | 5.1 | 1.3 | -3.6 | 3.8 | 3.0 | -1.7 | - | - | 11.1 | 5.1 | -54% | |
Finance income / costs (net) | 2.8 | -0.6 | 1.7 | -0.2 | 6.9 | 1.7 | -2.0 | - | - | 3.9 | 6.7 | 71% | |
Share of profit (loss) of associates | |||||||||||||
accounted for using the equity | 9.4 | 2.9 | 0.8 | 1.1 | -0.2 | 0.8 | -0.4 | - | - | 13.1 | 0.2 | -98% | |
method*** | |||||||||||||
Profit before tax | 17.6 | 10.2 | 4.7 | -3.1 | 10.7 | 5.6 | -4.4 | - | - | 32.6 | 11.9 | -63% | |
Profit for the period attributable to | 14.5 | 8.2 | 4.0 | 3.9 | 7.1 | 3.9 | -3.8 | - | - | 26.7 | 7.3 | -73% | |
owners of the parent | |||||||||||||
EPS (Yen) | 119.81 | 69.54 | 33.60 | 32.61 | 60.27 | 33.71 | -33.24 | - | - | 223.69 | 62.51 | -72% | |
*For full reconciliation of IFRS to Non-GAAP metrics, the calculation process, Non-GAAP EBITDA, and Sports Business seasonality, please see the reference materials at the end | |
of the presentation. | 3 |
**In Q2 FY2021 recognized a gain on step acquisitions of 2.3 billion yen as a result of the acquisition of all the shares of IRIAM Inc. | |
***Includes a one-time gain of 4.4 billion yen due to the third party allotment by Mobility Technologies that was recognized in Q1 FY2021. |
Financial Results Summary: Financial Results by Segment
(billion yen) | FY2021 | FY2022 | FY2021 | FY2022 | ||||||||||
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | QoQ | YoY | Apr-Dec | Apr-Dec | YoY | |||
change | change | change | ||||||||||||
Game | Revenue | 18.8 | 20.0 | 17.2 | 18.7 | 15.8 | 16.9 | 14.1 | -17% | -18% | 56.0 | 46.8 | -16% | |
Operating profit/loss | 3.3 | 3.1 | 2.1 | 3.1 | 1.7 | 2.3 | 1.6 | -30% | -25% | 8.5 | 5.6 | -34% | ||
Live streaming | Revenue | 7.9 | 8.8 | 8.9 | 9.0 | 9.6 | 9.9 | 10.2 | 3% | 14% | 25.7 | 29.8 | 16% | |
Operating profit/loss | 1.6 | 1.2 | 0.6 | 0.0 | -0.2 | -0.2 | -0.1 | - | - | 3.5 | -0.5 | - | ||
Sports* | Revenue | 5.8 | 3.6 | 2.8 | 2.4 | 7.9 | 7.9 | 3.0 | -61% | 7% | 12.3 | 18.8 | 54% | |
Operating profit/loss | 1.0 | -0.3 | -1.3 | -2.0 | 2.6 | 2.0 | -1.8 | - | - | -0.6 | 2.8 | - | ||
Healthcare | Revenue | 0.4 | 0.7 | 1.1 | 0.9 | 0.7 | 1.1 | 2.0 | 86% | 88% | 2.1 | 3.8 | 78% | |
& | ||||||||||||||
Operating profit/loss | -0.4 | -0.2 | 0.1 | -0.2 | -0.2 | -0.7 | -0.9 | - | - | -0.4 | -1.8 | - | ||
Medical | ||||||||||||||
New Businesses | Revenue | 1.1 | 0.9 | 1.0 | 0.8 | 0.7 | 0.7 | 0.8 | 22% | -23% | 3.1 | 2.2 | -30% | |
and | ||||||||||||||
Operating profit/loss | -0.1 | -0.1 | -0.0 | -0.2 | -0.2 | -0.2 | -0.2 | - | - | -0.1 | -0.6 | - | ||
Others** | ||||||||||||||
*See slide 16 for the seasonality of the Sports Business and status of matches for each quarter.
**The financial performance of Manga Box was excluded from segment performance from May 2021 when it became an equity method affiliate,
and the financial performance of Everystar was excluded from segment performance from December 2021 when all shares were transferred. | 4 |
Financial Results Summary: Cost and Expense Breakdown
(billion yen) | FY2021 | FY2022 | FY2021 | FY2022 | ||||||||||||
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | QoQ | YoY | Apr-Dec | Apr-Dec | YoY | |||||
change | change | Change | ||||||||||||||
Cost of Sales | 16.0 | 16.1 | 16.3 | 16.6 | 17.4 | 18.4 | 17.2 | -7% | 6% | 48.4 | 53.1 | 10% | ||||
Personnel Expenses | 1.6 | 1.5 | 1.9 | 1.9 | 2.0 | 2.2 | 2.4 | 8% | 28% | 5.0 | 6.6 | 34% | ||||
Depreciation and amortization | 0.7 | 0.8 | 0.9 | 1.0 | 0.8 | 0.9 | 0.9 | 9% | 3% | 2.3 | 2.6 | 10% | ||||
Outsourcing expenses | 4.0 | 3.5 | 3.6 | 3.5 | 3.9 | 4.1 | 3.6 | -11% | 1% | 11.1 | 11.6 | 5% | ||||
Commission fees | 7.2 | 7.9 | 7.4 | 7.7 | 7.9 | 8.3 | 7.7 | -8% | 4% | 22.5 | 23.9 | 7% | ||||
Others | 2.6 | 2.5 | 2.5 | 2.6 | 2.7 | 3.0 | 2.6 | -13% | 4% | 7.5 | 8.3 | 10% | ||||
Selling, general, and administrative expenses | 13.3 | 15.0 | 13.5 | 15.4 | 13.8 | 15.0 | 14.8 | -1% | 9% | 41.8 | 43.6 | 4% | ||||
Personnel Expenses | 3.2 | 3.3 | 3.4 | 3.8 | 3.5 | 3.4 | 4.2 | 22% | 23% | 10.0 | 11.1 | 11% | ||||
Sales promotion & Advertising expenses | 2.9 | 3.9 | 3.6 | 4.0 | 3.8 | 4.3 | 3.9 | -9% | 8% | 10.4 | 11.9 | 15% | ||||
Outsourcing expenses & Commission fees | 5.4 | 6.2 | 5.2 | 5.9 | 4.8 | 5.7 | 4.8 | -17% | -9% | 16.9 | 15.3 | -9% | ||||
Others | 1.7 | 1.5 | 1.3 | 1.7 | 1.7 | 1.6 | 2.0 | 25% | 50% | 4.6 | 5.3 | 16% | ||||
Other income* | 1.0 | 5.0 | 1.0 | 0.1 | 0.5 | 0.1 | 0.2 | 98% | -81% | 7.0 | 0.8 | -88% | ||||
Other expenses* | 0.4 | 0.0 | 0.0 | 4.0 | 0.1 | 0.0 | 0.4 | 2,421% | 986% | 0.4 | 0.5 | 10% | ||||
Consolidated employee headcount** | 2,133 | 2,183 | 2,204 | 2,194 | 2,294 | 2,589 | 2,854 | 10% | 29% | 2,204 | 2,854 | 29% | ||||
*Includes non-operating income / expenses and extraordinary income / expenses, excluding finance income / costs under Japanese GAAP
(e.g. Loss on sales / retirement of tangible / intangible assets).5 **The consolidated employee headcount from Q2 FY2022 onward includes DATA HORIZON CO., LTD., and from Q3 FY2022 onward includes Allm Inc.
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
DeNA Co. Ltd. published this content on 08 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2023 06:43:16 UTC.