Q1 FY2023 Operating Results
August 9, 2023
DeNA Co., Ltd.
©︎ DeNA Co., Ltd. | 1 |
1. Financial Results Summary
2
Financial Results Summary*
(billion yen) | FY2022 | FY2023 | FY2022 | |||||||
Q1 | Q2 | Q3 | Q4 | Q1 | QoQ | YoY | YoY | |||
change | change | change | ||||||||
Revenue (IFRS) | 34.8 | 36.4 | 30.2 | 33.5 | 36.1 | 8% | 4% | 134.9 | 3% | |
Operating profit (IFRS) | 4.0 | 3.1 | -2.0 | -0.9 | 1.7 | - | -56% | 4.2 | -63% | |
Operating profit (Non-GAAP) | 3.8 | 3.0 | -1.7 | -0.8 | 1.6 | - | -57% | 4.3 | -42% | |
Finance income / costs (net) | 6.9 | 1.7 | -2.0 | 1.0 | 2.9 | 199% | -59% | 7.6 | 104% | |
Share of profit (loss) of associates | ||||||||||
accounted for using the equity | -0.2 | 0.8 | -0.4 | 1.5 | 1.4 | -11% | - | 1.8 | -88% | |
method** | ||||||||||
Profit before tax | 10.7 | 5.6 | -4.4 | 1.6 | 6.0 | 263% | -44% | 13.6 | -54% | |
Profit for the period attributable to | 7.1 | 3.9 | -3.8 | 1.6 | 4.6 | 195% | -35% | 8.9 | -71% | |
owners of the parent | ||||||||||
EPS (Yen) | 60.27 | 33.71 | -33.24 | 14.07 | 41.66 | 196% | -31% | 76.78 | -70% | |
*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 Q1 FY2023 recognized a one-time gain in earnings of 2.4 billion yen due to capital increase through a third-party allotment by GO Inc. |
Financial Results Summary: Financial Results by Segment
(billion yen) | FY2022 | FY2023 | ||||||
Q1 | Q2 | Q3 | Q4 | Q1 | QoQ | YoY | ||
change | change | |||||||
Game | Revenue | 15.8 | 16.9 | 14.1 | 17.2 | 12.5 | -27% | -21% |
Segment profit/loss | 1.7 | 2.3 | 1.6 | 4.0 | 0.2 | -95% | -88% | |
Live streaming | Revenue | 9.6 | 9.9 | 10.2 | 10.3 | 10.8 | 5% | 12% |
Segment profit/loss | -0.2 | -0.2 | -0.1 | -0.1 | -0.2 | - | - | |
Sports* | Revenue | 7.9 | 7.9 | 3.0 | 2.1 | 10.2 | 382% | 29% |
Segment profit/loss | 2.6 | 2.0 | -1.8 | -2.8 | 3.4 | - | 33% | |
Healthcare | Revenue | 0.7 | 1.1 | 2.0 | 3.2 | 2.0 | -38% | 165% |
& | ||||||||
Segment profit/loss | -0.2 | -0.7 | -0.9 | -0.4 | -1.2 | - | - | |
Medical** | ||||||||
New Businesses | Revenue | 0.7 | 0.7 | 0.8 | 0.8 | 0.7 | -8% | 1% |
and | ||||||||
Segment profit/loss | -0.2 | -0.2 | -0.2 | -0.3 | -0.3 | - | - | |
Others | ||||||||
FY2022
YoY change
64.0 -14%
9.6 -17%
40.1 16%
-0.6-
21.0 42%
-0.0-
7.0 133%
-2.2-
2.9 -24%
-0.9-
*See slides 15-16 for the seasonality of the Sports Business and status of matches for each quarter. | |
**PPA (a series of operations to allocate the acquisition cost to the assets and liabilities existing in the acquired company and record them in the | |
consolidated financial statements) for DATA HORIZON and Allm was completed and the FY2022 portion of amortization of intangible assets, etc. | 4 |
was recognized in Q4 FY2022. Management accounting of the financial performance excluding this impact is shown on slide 17. | |
Financial Results Summary: Cost and Expense Breakdown
(billion yen) | FY2022 | FY2023 | |||||||
Q1 | Q2 | Q3 | Q4 | Q1 | QoQ | YoY | |||
change | change | ||||||||
Cost of Sales | 17.4 | 18.4 | 17.2 | 17.8 | 19.0 | 7% | 9% | ||
Personnel Expenses | 2.0 | 2.2 | 2.4 | 2.1 | 2.2 | 1% | 5% | ||
Depreciation and amortization | 0.8 | 0.9 | 0.9 | 0.9 | 1.0 | 13% | 24% | ||
Outsourcing expenses | 3.9 | 4.1 | 3.6 | 3.6 | 4.5 | 24% | 15% | ||
Commission fees | 7.9 | 8.3 | 7.7 | 8.1 | 7.8 | -4% | -2% | ||
Others | 2.7 | 3.0 | 2.6 | 3.1 | 3.6 | 17% | 31% | ||
Selling, general, and administrative expenses | 13.8 | 15.0 | 14.8 | 16.3 | 15.4 | -6% | 11% | ||
Personnel Expenses | 3.5 | 3.4 | 4.2 | 4.3 | 4.6 | 8% | 34% | ||
Sales promotion & Advertising expenses | 3.8 | 4.3 | 3.9 | 3.9 | 4.3 | 11% | 13% | ||
Outsourcing expenses & Commission fees | 4.8 | 5.7 | 4.8 | 5.3 | 4.4 | -16% | -9% | ||
Others | 1.7 | 1.6 | 2.0 | 2.9 | 2.1 | -29% | 20% | ||
Other income* | 0.5 | 0.1 | 0.2 | 0.4 | 0.2 | -65% | -70% | ||
Other expenses* | 0.1 | 0.0 | 0.4 | 0.7 | 0.2 | -75% | 82% | ||
Consolidated employee headcount** | 2,294 | 2,589 | 2,854 | 2,951 | 3,079 | 4% | 34% | ||
FY2022
YoY
Change
- 9%
- 28%
- 5%
- 4%
- 6%
11.4 13%
60.0 5%
15.4 12%
15.8 10%
- -10%
- 31%
1.3 -82%
1.2 -73%
2,951 35%
*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.
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DeNA Co. Ltd. published this content on 09 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2023 06:42:02 UTC.