DeNA Consolidated Financial Results: Fiscal Year Ended March 31, 2022

DeNA’s financial performance for the fiscal year ended March 31, 2022, reflects a strategic transition away from a pure-play mobile gaming model toward a diversified portfolio encompassing live streaming, sports, and healthcare. While total revenue contracted by 4.5% to ¥130,868 million and operating profit fell by 49.0% to ¥11,462 million, the company achieved a 19.1% increase in profit attributable to owners of the parent, reaching ¥30,532 million. This bottom-line growth was primarily driven by robust equity-method earnings from key affiliates, including Cygames and Mobility Technologies, which offset significant impairment losses totaling ¥5,890 million related to underperforming game titles and real estate assets.

The company’s operational focus centers on scaling the Pococha live streaming service and leveraging health big data to secure long-term growth. Management is actively optimizing its capital structure to improve asset efficiency, evidenced by the post-fiscal year decision to divest approximately half of its Nintendo shareholdings for ¥49.6 billion. Despite these efforts, the organization faces a complex risk landscape characterized by rising mobile development costs, intense competition in the internet sector, and potential regulatory shifts regarding data privacy and mobile operating system policies.

Operational stability remains contingent upon the company’s ability to navigate external market volatility, including the lingering effects of the COVID-19 pandemic on its sports segment and the inherent unpredictability of its international business ventures. While rigorous compliance and internal control systems are in place to mitigate risks such as service disruptions, legal liabilities, and intellectual property disputes, the company acknowledges that unforeseen regulatory changes or failures in these management systems could materially impact its financial health and brand reputation. Moving forward, DeNA maintains a commitment to a 15–30% consolidated payout ratio while balancing aggressive investment in new technology sectors against the need for disciplined cost management.