FinancialBandai Namco
Namco Bandai Holdings Annual Report 2011
1 Sept 201170 pages~177 min full read
Bandai Namco achieved a significant financial turnaround in 2011, moving from a ¥29.9 billion deficit to a ¥1.8 billion profit with net sales rising 4% to ¥394 billion.
See it on page 36Operating income surged 767% to ¥16.3 billion, driven by a revitalized Toys & Hobby segment (¥158 billion in sales) and a return to profitability for the Content segment (¥3.1 billion in segment income).
See it on page 62The Amusement-Facility segment improved segment income more than five-fold to ¥1.8 billion through efficiency measures, despite a 4.6% decline in segment sales to ¥62.3 billion.
See it on page 38Core growth was anchored by established character franchises including Mobile Suit Gundam, Kamen Rider, and Power Rangers, alongside a new adult-collectible line expected to generate ¥10 billion in FY2012.
See it on page 8Domestic operations remain the company's primary revenue source, accounting for approximately 90% of total sales, while overseas performance continued to lag.
See it on page 24The company strengthened its liquidity, with cash flow from operations more than doubling to ¥22.6 billion and maintaining a current ratio of 245%.
See it on page 38Bandai Namco’s 2011 financial results demonstrate a decisive turnaround after the sizable loss recorded in the previous year. Net sales rose 4 % to ¥394 billion, while operating income surged 767 % to ¥16.3 billion and a modest profit of ¥1.8 billion was posted after a ¥29.9 billion deficit. The recovery was anchored by a revitalised Toys & Hobby segment, whose sales increased 6 % to ¥158 billion, and a newly profitable Content segment, which posted a 7.4 % sales increase to ¥179.9 billion and swung to ¥3.1 billion in segment income. Although the Amusement‑Facility segment saw sales dip 4.6 % to ¥62.3 billion, efficiency measures lifted its segment income by more than five‑fold to ¥1.8 billion.
Growth drivers included long‑standing character franchises such as Mobile Suit Gundam, Kamen Rider and POWER RANGERS, alongside a new adult‑collectible line projected to generate ¥10 billion in FY2012. Cross‑divisional initiatives, exemplified by the successful Kamen Rider OOO launch, reinforced the domestic market, which still accounts for roughly 90 % of revenue, while overseas performance lagged.
The company’s governance framework features nine directors—three independent—and four statutory auditors, supported by committees overseeing internal control, risk‑compliance, information security and CSR. Environmental, social and economic responsibilities are pursued through projects like “BANDAI NAMCO Forest,” packaging‑reduction efforts, disability employment and cultural support.
Financially, total assets contracted 5.4 % to ¥308 billion and the equity ratio slipped to 68.8 %, yet cash flow from operations more than doubled to ¥22.6 billion, delivering a current ratio of 245 % and an interest‑coverage ratio
