DeNA Consolidated Financial Results for the Fiscal Year Ended March 31, 2025

Key insights

6 takeaways

01
DeNA achieved a financial turnaround for the fiscal year ended March 31, 2025, reporting an operating profit of ¥28,973 million compared to a loss in the previous period.See it on page 1
02
Total revenue grew 19.9% to ¥163,997 million, driven by the launch of Pokémon Trading Card Game Pocket and record-breaking attendance in the sports business.See it on page 6
03
Operational efficiency improved significantly as impairment losses dropped from ¥28,764 million in the prior year to ¥4,389 million.See it on page 6
04
The company maintains a strong balance sheet with ¥252,875 million in total equity and ¥92,803 million in cash and cash equivalents, supporting a dividend of ¥65 per share.See it on page 2
05
Management declined to provide a financial outlook for the fiscal year ending March 31, 2026, citing market volatility and the difficulty of forecasting long-term performance for recent game releases.See it on page 7
06
Key operational risks include dependency on mobile OS providers, regulatory challenges in healthcare, and the valuation of the company's equity stake in Nintendo Co., Ltd.See it on page 10

Summary

DeNA achieved a significant financial turnaround during the fiscal year ended March 31, 2025, transitioning from a substantial operating loss in the previous period to an operating profit of ¥28,973 million. Total revenue climbed 19.9% to ¥163,997 million, bolstered primarily by the successful launch of Pokémon Trading Card Game Pocket within the game segment and record-breaking attendance figures in the sports business. This recovery was further supported by a marked reduction in impairment losses, which fell from ¥28,764 million to ¥4,389 million, reflecting a more stable asset base and improved operational efficiency.

The company’s balance sheet remains robust, with total equity reaching ¥252,875 million and cash and cash equivalents rising to ¥92,803 million. In alignment with a commitment to shareholder returns, a dividend of ¥65 per share has been declared. Despite these positive results, management has opted not to provide a financial outlook for the fiscal year ending March 31, 2026, citing the inherent difficulty in forecasting the long-term performance of recent game releases and the volatile nature of the mobile gaming and live streaming markets.

Operational risks remain a central concern for the organization, spanning technological shifts in artificial intelligence, dependency on mobile operating system providers, and regulatory challenges within the healthcare sector. The company also faces exposure to external factors, including the valuation of its equity stake in Nintendo Co., Ltd., potential IT infrastructure vulnerabilities, and the unpredictable impacts of climate change. While internal control systems and business continuity planning are in place to mitigate these threats, the company acknowledges that many of these variables remain outside its direct control and could influence future financial outcomes.