Kadokawa Dwango
Kadokawa Dwango was a Japanese holding company formed by the merger of Kadokawa and Dwango, covering publishing, media and internet services. It published quarterly and annual financial results.
Documents
Kadokawa Dwango Financial Results for the 3rd Quarter Ended December 31, 2015
Kadokawa Dwango’s financial results for the third quarter ended December 31, 2015, demonstrate a period of robust growth, characterized by record-high sales and operating income following the company’s management integration.
- Kadokawa Dwango achieved record-high quarterly revenue of 52.1 billion yen and operating income of 2.78 billion yen for the period ended December 31, 2015.
- The Books and IP business was the primary growth driver, generating 21.1 billion yen in revenue and 2.97 billion yen in operating income, fueled by improved return rates and strong media mix performance.
- The company is on track to meet its full-year fiscal 2016 targets, with 72.8% of projected revenue (146 billion of 200.5 billion yen) and 89.9% of projected operating income (6.29 billion of 7 billion yen) realized through December 31, 2015.
Kadokawa Dwango Financial Results for the 2nd Quarter Ended September 30, 2015
Kadokawa Dwango achieved a notable financial turnaround during the second quarter ending September 30, 2015, returning to profitability with an operating income of 2.36 billion yen on total revenues of 47.02 billion yen.
- Kadokawa Dwango reported a strong second quarter for the period ending September 30, 2015, with operating income doubling quarter-over-quarter to 2.36 billion yen and net profit moving into the black.
- The Books and IP business, the company's largest revenue segment at 17.9 billion yen, is shifting its composition as high-margin e-book growth offsets declining sales in regular paper books.
- The Portal business saw steady growth in its niconico premium membership base, reaching 2.53 million subscribers as of September 30, 2015.
Kadokawa Dwango Financial Results for the First Quarter Ended June 30, 2015
Kadokawa Dwango’s financial results for the first quarter ending June 30, 2015, reflect a period of mixed performance across its diversified business segments.
- Kadokawa Dwango reported revenue of 46,906 million yen and an operating income of 1,145 million yen for the first quarter ended June 30, 2015.
- The Game business returned to profitability with 535 million yen in operating income, driven by titles such as 'The Witcher: Wild Hunt', 'The Legend of Heroes -Sora no Kiseki-', 'Furai-no-Shiren 5 plus', and contingency fees from 'Bloodborne'.
- Profit attributable to owners of the parent fell to a loss of 220 million yen, primarily due to increased corporate taxes following the reversal of deferred tax assets related to previous restructuring expenses.
Kadokawa Dwango Financial Results for the Fiscal Year Ended March 31, 2015
Kadokawa Dwango’s financial results for the fiscal year ended March 31, 2015, reflect a diversified media conglomerate navigating a period of structural transition.
- Kadokawa Dwango reported 100.57 billion yen in revenue for the six months ended March 31, 2015, with an operating income of 1.39 billion yen.
- Net income for the period was 14.06 billion yen, significantly impacted by 22.3 billion yen in negative goodwill offset by 11.5 billion yen in extraordinary losses.
- The Books and IP business was the primary revenue driver at 38.34 billion yen, bolstered by strong e-book performance and successful cost-control measures implemented in October 2014.
Kadokawa Dwango Financial Results for the First Quarter Ended December 31, 2014
Kadokawa Dwango’s financial results for the first quarter ended December 31, 2014, reflect a period of diversified performance across its various business segments.
- Kadokawa Dwango reported a net income of 26.078 billion yen for the quarter ending December 31, 2014, driven largely by 22.3 billion yen in extraordinary income from negative goodwill.
- Total quarterly revenue reached 49.715 billion yen, with the Books and IP business serving as the largest segment at 19.418 billion yen in revenue.
- The niconico portal business grew its premium membership base to 2.41 million users, an increase of 240,000 year-over-year, contributing to segment operating income of 731 million yen.