Dragon Ball

Akatsuki Q3 Fiscal Year Ending March 31, 2023 Financial Results

Akatsuki Inc.’s financial results for the first nine months of the fiscal year ending March 31, 2023, reflect a period of strategic transition as the company pivots toward a venture group structure.

• Akatsuki Inc. reported a decline in financial performance for the nine months ending December 31, 2022, with net sales falling 3.4% to 18,132 million yen and operating profit dropping 11.0% to 4,405 million yen.
• Profit attributable to owners of the parent experienced a significant 44.4% year-on-year contraction, totaling 2,105 million yen for the nine-month period.
• The Games business remains the primary revenue driver, contributing 17,854 million yen in sales and 6,086 million yen in segment profit, largely supported by flagship titles Dragon Ball Z Dokkan Battle and Romancing SaGa Re;univerSe.

Akatsuki FY3/23 1st Quarter Financial Results

Akatsuki Inc.’s financial results for the first quarter of the fiscal year ending March 2023 reflect a period of strategic investment and seasonal volatility.

• Akatsuki reported Q1 FY3/23 consolidated sales of 5.2 billion yen, a 1.8% year-over-year increase, while operating profit fell 50.2% to 0.4 billion yen.
• The decline in operating profit was driven by intentional spending on new game development and the expansion of the comics business, alongside seasonal weakness in existing mobile titles.
• The Games Business generated 5.1 billion yen in revenue, anchored by the continued performance of 'Dragon Ball Z Dokkan Battle' through anniversary events and expanded language support.

Akatsuki Summary of Consolidated Financial Statements for the First Quarter of Fiscal Year Ending March 31, 2023

Akatsuki’s financial results for the first quarter of the fiscal year ending March 31, 2023, reflect a period of strategic transition and investment.

Bandai Namco Group Fiscal Year Ending March 2023: First Quarter Result Presentation

The Bandai Namco Group’s first-quarter financial results for the fiscal year ending March 2023 demonstrate significant growth across its core business segments.

• Bandai Namco reported strong Q1 fiscal year 2023 results with consolidated net sales of 216.2 billion yen (up 38.2 billion yen YoY) and an operating profit of 44.3 billion yen (up 17.3 billion yen YoY).
• The digital segment was the primary growth driver, generating 89.5 billion yen in sales and 29.4 billion yen in profit, largely fueled by the sustained success of Elden Ring and existing network titles.
• The toys and hobby segment maintained high profit margins despite rising logistics and operational costs, supported by strong demand for card-related merchandise and products aimed at mature fan bases.

Bandai Namco Holdings: Financial Highlights for the Fiscal Year Ended March 31, 2022

Bandai Namco Holdings experienced significant financial growth during the fiscal year ended March 31, 2022, reporting consolidated net sales of 889.27 billion yen, a 20% increase over the previous year.

• Bandai Namco Holdings reported consolidated net sales of 889.27 billion yen for the fiscal year ended March 31, 2022, marking a 20% year-over-year increase.
• Operating profit surged by 48.2% to reach 125.50 billion yen, driven by strong performance across all primary business segments.
• The digital entertainment segment generated 378.17 billion yen in sales, supported by the global sale of 56.85 million home video game units.

Akatsuki FY3/22 Consolidated Financial Results

Akatsuki experienced a challenging fiscal year ending March 2022, characterized by a year-over-year decline in consolidated sales and operating profit.

• Akatsuki reported a year-over-year decline in consolidated sales and operating profit for the fiscal year ending March 2022, driven by the maturation of existing titles and increased development costs.
• The company achieved a significant Q4 recovery, with sales rising 22.2% and operating profit surging 102.5% compared to the third quarter.
• Akatsuki is diversifying beyond traditional gaming by launching the HykeComic webtoon app and developing the TRIBE NINE project.

Bandai Namco Holdings Financial Highlights: Third Quarter FY2022.3

Bandai Namco Holdings’ financial results for the third quarter of the fiscal year ending March 31, 2022, demonstrate strong growth across its diversified entertainment portfolio.

• Bandai Namco reported consolidated net sales of 628.3 billion yen for the first nine months of FY2022.3, a 115.6% increase year-over-year, with operating profit rising 126.4% to 92.2 billion yen.
• The Toys and Hobby segment was the primary growth engine, generating 285.9 billion yen in sales—a 127.3% increase—driven by strong demand for Mobile Suit Gundam, Dragon Ball, and One Piece.
• The Network Entertainment (Digital) segment recorded 242.3 billion yen in sales, representing a slight year-over-year decline while maintaining a 15.5% operating margin.

Akatsuki Summary of Consolidated Financial Statements for the Third Quarter of Fiscal Year Ending March 31, 2022

Akatsuki Inc.’s consolidated financial results for the first nine months of the fiscal year ending March 31, 2022, reflect a period of transition and strategic realignment.

Akatsuki FY3/22 3rd Quarter Financial Results

Akatsuki’s financial results for the third quarter of the fiscal year ending March 2022 reflect a strategic transition toward a mixed-media rights business model.

• Akatsuki reported a year-over-year decline in Q3 FY3/22, with sales falling 12.3% to ¥6,137 million and operating profit dropping 44.1% to ¥1,233 million.
• The company is pivoting its business model from pure mobile gaming toward a mixed-media rights business that integrates IP creation, anime, and real-life IP.
• Operating expenses increased to ¥4,903 million, driven by a 26% rise in advertising costs for new title promotions and a 61.2% surge in R&D spending for new business development.

Akatsuki FY3/22 1st Quarter Financial Results

Akatsuki’s financial results for the first quarter of the fiscal year ending March 2022 reflect a period of transition characterized by year-over-year declines in both sales and operating profit.

• Akatsuki reported a 23% year-over-year decline in consolidated sales to 5.1 billion yen and a 55% drop in operating profit to 0.9 billion yen for Q1 FY3/22.
• Financial performance was primarily impacted by a sluggish core games business and limited revenue contributions from titles released in the previous fiscal year.
• The company is transitioning from a game-centric model to a mixed-media rights business, balancing mobile game monetization with long-term IP investments.

Akatsuki FY3/21 Financial Results

Akatsuki is transitioning from a traditional mobile game developer into a comprehensive mixed-media rights company.

• Akatsuki is shifting its business model from a mobile game developer to a mixed-media rights company, aiming to balance immediate gaming revenue with long-term original intellectual property development.
• For the fiscal year ending March 2021, the company reported ¥31 billion in total sales and a 2.2 percent increase in operating profit, driven by the continued performance of Dragon Ball Z Dokkan Battle.
• Q4 results showed a 6 percent increase in quarterly sales, though operating profit fell by 10.1 percent due to increased spending on personnel and advertising for future growth.

Akatsuki Q3 Fiscal Year Ending March 31, 2021 Financial Results

Akatsuki Inc.’s financial results for the first nine months of the fiscal year ending March 31, 2021, demonstrate resilient performance despite the global economic challenges posed by the COVID-19 pandemic.

• Akatsuki reported net sales of 23,678 million yen for the first nine months of FY2021, a 0.8% year-on-year increase.
• Operating profit grew by 14.2% to 9,309 million yen, while profit attributable to owners of the parent rose 12.1% to 5,820 million yen.
• The Games business remained the primary revenue driver, anchored by the stable performance of Dragon Ball Z Dokkan Battle, Romancing Saga RE: UniverSe, and the launch of HoneyWorks Premium Live.