Namco Bandai Holdings: Consolidated Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2013

Namco Bandai Holdings’ consolidated financial report for the third quarter of the fiscal year ending March 31, 2013, outlines the company’s performance during a period characterized by global economic instability and a challenging entertainment market. The report details the group’s strategic focus on medium- to long-term growth through its new mid-term plan, which emphasizes the coordinated deployment of intellectual property across various business segments.

Financial results for the nine-month period ending December 31, 2012, demonstrate strong growth, with net sales reaching 350.6 billion yen, an 8.4% increase year-on-year. Operating income rose significantly by 43.6% to 44.2 billion yen, while net income surged 71.7% to 28.0 billion yen. This performance was largely driven by the Content Business, which saw a 22.1% increase in net sales and a 166.3% rise in segment income, bolstered by successful social games and home video game software. Conversely, the Toys and Hobby Business and the Amusement Facility Business experienced declines in both sales and segment income, reflecting a difficult retail environment and the conclusion of high-performing cycles for certain product lines.

The company maintains a solid financial position, reporting total assets of 349.4 billion yen and an equity ratio of 67.2%. Due to the strong performance of the Content Business, management revised its full-year projections upward, anticipating net sales of 460 billion yen and operating income of 42.5 billion yen. The report notes that these results were achieved despite a volatile international economic climate and includes adjustments for changes in accounting policies regarding depreciation methods and the application of a consolidated taxation regime.