- 01
Bandai Namco Group achieved record-high net sales of 772 billion yen for the first nine months of the fiscal year ending March 2024, yet operating profit declined 26% year-over-year to 78.2 billion yen.
- 02
The company lowered its full-year operating profit forecast to 82 billion yen while maintaining a target of 1 trillion yen in total net sales for the fiscal period.
- 03
Profit compression was driven by a rigorous reevaluation of the digital gaming portfolio, leading to significant valuation and disposal losses as the company shifts toward stricter title screening.
- 04
The Toys and Hobby segment remains a primary growth driver, with a revised full-year profit forecast of 76 billion yen fueled by strong demand for Gundam, Dragon Ball, and One Piece products.
- 05
To strengthen its financial position during this restructuring, the company initiated the partial sale of its investment securities in Toei Animation.
- 06
The Amusement segment reported positive momentum, evidenced by a 2.4% increase in existing facility sales within Japan.