Bandai Namco Holdings: Consolidated Financial Results for the Fiscal Year Ended March 31, 2024

Key insights

6 takeaways

01
Bandai Namco reported a 6.1% increase in total net sales to 1,050.2 billion yen for the fiscal year ended March 31, 2024, but operating profit fell 22.1% to 90.7 billion yen.See it on page 1
02
The Digital Entertainment segment experienced a sharp decline in operating profit, dropping from 49.3 billion yen in the previous year to 6.3 billion yen.See it on page 1
03
The Toys and Hobby segment emerged as the primary profit driver, generating 509.9 billion yen in sales—a 13.9% increase—and 78.7 billion yen in operating profit.See it on page 1
04
The Amusement segment saw positive growth, with sales increasing by 14.4% to reach 119.7 billion yen.See it on page 3
05
Mobile Suit Gundam, Dragon Ball, and One Piece remain the company's top-performing intellectual properties across all business segments.See it on page 2
06
For fiscal year 2025, the company forecasts a recovery to 1,080 billion yen in net sales and 115 billion yen in operating profit.See it on page 1

Summary

Bandai Namco Holdings’ consolidated financial results for the fiscal year ended March 31, 2024, reflect a period of growth in net sales alongside a contraction in operating profit. The company reported total net sales of 1,050.2 billion yen, representing a 6.1% increase over the previous fiscal year. However, operating profit declined by 22.1% to 90.7 billion yen, primarily driven by a significant downturn in the digital entertainment segment, which saw operating profit drop from 49.3 billion yen to 6.3 billion yen.

The company’s performance was bolstered by strong results in the Toys and Hobby segment, which generated 509.9 billion yen in sales—a 13.9% increase—and served as the primary driver of profitability with 78.7 billion yen in operating profit. The Amusement segment also contributed positively, with sales rising 14.4% to 119.7 billion yen. Conversely, the digital entertainment segment struggled, with sales falling to 372.7 billion yen. Despite this, the company maintained a robust global presence, with Japan accounting for the majority of revenue at 758.5 billion yen, followed by Europe, the Americas, and Asia.

Methodologically, the results are based on consolidated management accounting data across the company's core business segments: Digital Entertainment, Toys and Hobby, IP Production, and Amusement. The report highlights the strategic importance of key intellectual properties, with Mobile Suit Gundam, Dragon Ball, and One Piece remaining top performers in group-wide sales. Looking ahead, the company has set a fiscal year 2025 forecast of 1,080 billion yen in net sales and 115 billion yen in operating profit, signaling an expectation for recovery in the digital entertainment sector and continued stability across its diversified portfolio of physical and digital assets.