Card Game

Bushiroad FY2025 Full-Year Financial Results Briefing Material

Bushiroad achieved record-high financial performance for the 2025 fiscal year, reporting sales of 56.175 billion yen and an operating profit of 4.868 billion yen.

• Bushiroad achieved record-high net sales of 56.2 billion yen for the full fiscal year 2025, with an operating profit of 4.87 billion yen.
• The TCG unit remains the primary revenue driver, contributing 48.1% of total sales and showing strong performance from Cardfight!! Vanguard, Weiβ Schwarz, and the new hololive OFFICIAL CARD GAME.
• The company is aggressively scaling its TCG business globally, launching the GODZILLA CARD GAME and hololive English edition in July 2025, with a medium-term goal to reach 500,000 players and a 50% overseas sales ratio.

DeNA Q1 FY2025 Operating Results

DeNA’s Q1 FY2025 operating results demonstrate a period of robust profitability, with the company reporting revenue of 41.7 billion yen and an IFRS operating profit of 13.8 billion yen.

• DeNA reported Q1 FY2025 revenue of 41.7 billion yen and an operating profit of 13.8 billion yen, marking a 23% revenue increase and a 620% surge in operating profit year-on-year.
• The company’s FY2025 revenue guidance is set between 146.0 billion and 154.0 billion yen, reflecting volatility in the Game Business and ongoing growth investments.
• DeNA is implementing an 'AI-ALL-IN' strategy to integrate generative AI across internal operations and develop AI-native consumer products and enterprise services.

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

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.

• 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.
• 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.
• Operational efficiency improved significantly as impairment losses dropped from ¥28,764 million in the prior year to ¥4,389 million.

DeNA FY2024 Results Briefing: Q&A Summary

The fiscal year 2024 results briefing for DeNA provides a comprehensive overview of the company’s financial performance, strategic outlook, and operational challenges.

• DeNA has committed to a non-GAAP operating profit target of 15 billion yen for fiscal year 2026, driven by its sports, gaming, and live streaming segments.
• The Healthcare and Medical segment experienced an impairment loss in Q4, leading to a quarter-on-quarter decline in operating profit due to slow adoption of medical services and municipal planning cycles.
• Pokémon Trading Card Game Pocket is showing stable subscription rates, though management has deferred specific earnings forecasts for the title due to its unprecedented scale.

DeNA Q2 FY2024 Financial Results Briefing: Summary of Key Questions and Answers

DeNA’s Q2 FY2024 financial results briefing highlights a strategic focus on balancing growth across its diversified portfolio, which spans healthcare, sports, mobile gaming, and live streaming.

• DeNA reported a year-over-year increase in operating profit for Q2 FY2024, though the company recorded a net loss due to foreign exchange volatility and finance costs.
• The mobile gaming segment is currently driven by the global launch of Pokémon Trading Card Game Pocket, which achieved 10 million downloads shortly after release.
• The sports division, anchored by the Yokohama DeNA BayStars, expects a financial boost from the team's Japan Series participation, which attracted 100,000 spectators across three home games.

Bushiroad FY2024 Full-Year Financial Results Briefing Material

Bushiroad’s fiscal year 2024 performance reflects a period of significant structural transition, characterized by a decline in net sales to 46.26 billion yen and an operating profit of 882 million yen.

• Bushiroad reported FY2024 net sales of 49 billion yen (105.9% YoY) and an operating profit of 2 billion yen (226.8% YoY).
• The Digital Contents unit incurred a loss of approximately 2.5 billion yen in FY2024 due to one-time expenses from closing five mobile game titles and increased R&D investment in console gaming.
• The TCG unit remains the company's primary revenue driver, accounting for 46.8% of total net sales in FY2024.

Bushiroad FY2024 3Q Financial Results Briefing Material

Bushiroad’s financial performance for the third quarter of fiscal year 2024 reflects a period of significant transition characterized by declining sales and profits.

• Bushiroad has revised its full-year earnings forecast downward due to persistent losses within its Digital Contents Unit.
• The company is restructuring its digital strategy by terminating underperforming mobile titles and shifting focus toward console game development.
• The Trading Card Game (TCG) segment remains a stable revenue pillar, anchored by core titles Weiẞ Schwarz and Cardfight!! Vanguard, and expanded by the new Dream Order professional baseball card game.

Bushiroad FY2023 Full-Year Financial Results Briefing Material

Bushiroad achieved record-high net sales during the 2023 fiscal year, underpinned by the robust performance of its Trading Card Game unit and a notable recovery in live event attendance.

Bushiroad Summary of Financial Results for the Fiscal Year 2023

Bushiroad achieved a 16.3 percent increase in net sales during the 2023 fiscal year, reaching 48.8 billion yen.

• Bushiroad's net sales grew 16.3% to 48.8 billion yen in fiscal year 2023, driven by record performance in the Trading Card Game unit and a recovery in live events and sports.
• Net profit declined 41.5% to 2.05 billion yen, impacted by rising operational costs from the weak yen and increased material prices.
• The company recorded 995 million yen in impairment losses stemming from underperforming mobile online games and the divestment of fitness club operations.

Bushiroad FY2023 Third Quarter Financial Results Briefing Material

Bushiroad’s financial performance during the third quarter of fiscal year 2023 reflects a period of strategic realignment and growth, characterized by a successful pivot toward its core entertainment competencies.

Bushiroad FY2023 Second Quarter Financial Results Briefing Material

Bushiroad’s fiscal year 2023 second quarter performance reflects a period of strategic growth and operational transition, characterized by a year-on-year increase in net sales to ¥11,750 million.

• Bushiroad reported net sales of ¥11,750 million for the second quarter of fiscal year 2023, driven primarily by the Trading Card Game segment.
• Operating profit faced downward pressure due to increased investments in advertising, R&D, and the impact of foreign exchange volatility.
• The company strengthened its financial position through successful debt management, resulting in an improved equity ratio of 42.4%.

Bushiroad: Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year 2023

Bushiroad’s financial performance for the first quarter of fiscal year 2023 reflects a period of aggressive expansion and strategic investment.

• Bushiroad reported Q1 FY2023 net sales of 12.34 billion yen, a 17.7% year-on-year increase, though operating profit fell 34.4% to 867 million yen.
• The Entertainment Business segment achieved 10.77 billion yen in net sales (up 15.7% year-on-year) but saw segment profit decline by 41.2% to 832 million yen.
• The Sports and Healthcare Business segment reached 1.57 billion yen in net sales (up 33.9% year-on-year) and returned to profitability with a segment profit of 34.7 million yen, compared to a 94.1 million yen loss in the same period last year.