Q3 FY2024 Operating Results: DeNA

DeNA’s Q3 FY2024 operating results demonstrate a significant financial turnaround, characterized by a substantial increase in consolidated revenue and operating profit compared to the previous fiscal year. Total revenue for the third quarter reached 46.5 billion yen, representing a 28% increase quarter-over-quarter and a 60% increase year-over-year. Operating profit for the same period surged to 15.5 billion yen, a marked improvement over the losses recorded in the corresponding period of the prior year. This performance is largely attributed to the successful global launch of Pokémon Trading Card Game Pocket, which served as a primary driver for the Game segment’s performance.

The Game segment reported 28.0 billion yen in revenue and 18.6 billion yen in segment profit for the quarter, reflecting a 147% increase in revenue quarter-over-quarter. The Pokémon title achieved 60 million global downloads by December 2024 and demonstrated high user retention rates. Meanwhile, the Sports segment maintained solid performance, bolstered by record-high stadium attendance of 2.36 million for the 2024 season and the Yokohama DeNA BayStars’ championship victory in the Japan Series. The Live Streaming business achieved profitability in the third quarter, supported by cost-management initiatives for the Pococha and IRIAM platforms.

The company’s financial position remains stable, with total assets reaching 354.0 billion yen as of December 31, 2024. While management has declined to provide specific consolidated financial forecasts for the full fiscal year due to the difficulty of accurately estimating market variables, the company anticipates year-over-year increases in both revenue and profit. Strategic focus remains on enhancing capital efficiency and achieving long-term growth targets, including a commitment to 15.0 billion yen in non-GAAP operating profit by FY2026.