Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
TOKYO, Aug. 09, 2017 -- DeNA Co., Ltd. (Tokyo:2432) today announced its IFRS and non-GAAP financial results for the quarter ended June 30, 2017. DeNA reported quarterly IFRS revenue of 36.5 billion yen, IFRS operating profit of 6.4 billion yen and non-GAAP operating profit excluding the seasonal sports business of 5.2 billion yen.
“Non-GAAP operating profit for the first quarter was in line with our guidance,” said Isao Moriyasu, President and CEO of DeNA. “We will continue to place priority on initiatives in our core game business to grow existing titles as well as release new ones, while also pursuing mid to long term growth opportunities in other areas to grow the company overall."
First Quarter FY2017 Highlights
- Good performance from key existing non-Nintendo Alliance titles in Japan
- Steady continuous contribution from Fire Emblem Heroes
- In the Sports Business, for the first half of the 2017 season (38 games), average stadium attendance per home game for the Yokohama DeNA Baystars reached a team record high of 27,586
Recent Developments and Strategic Initiatives
- Held Business Strategy Briefing on July 19 to share more information about the mid to long term direction and strategy for the company overall and for each of our business segments
- Established a joint venture called MERY Co., Ltd. with SHOGAKUKAN Inc. to jointly operate a digital media business mainly focused on women’s fashion, aiming to create an entirely new type of media
Financial Summary
(In billion yen)
| Three Months Ended | ||||||||
| Jun. 30, 2017 | Mar. 31, 2017 | Jun. 30, 2016 | QoQ | YoY | ||||
| Revenue (IFRS) | 36.5 | 35.1 | 38.3 | 4 | % | (5 | %) | |
| Operating profit | ||||||||
| IFRS | 6.4 | 4.5 | 7.4 | 42 | % | (13 | %) | |
| Non-GAAP | 7.4 | 5.8 | 7.8 | 27 | % | (4 | %) | |
| Non-GAAP excl. Sports | 5.2 | 7.2 | 6.0 | (28 | %) | (13 | %) | |
| Profit before tax (IFRS) | 8.1 | 4.6 | 7.0 | 74 | % | 15 | % | |
| Profit for the period attributable to owners of the parent (IFRS) | 5.3 | 2.0 | 5.2 | 163 | % | 3 | % | |
Guidance for Quarter Ending September 30, 2017
Non-GAAP
- Operating profit excluding Sports: 5.5 billion yen
IFRS
- Revenue: 36.3 billion yen
- Operating profit: 7.8 billion yen
- Profit for the period attributable to owners of the parent: 5.3 billion yen
IFRS to Non-GAAP Reconciliation
(In billion yen)
| Three Months Ended | |||||||||
| Jun. 30, 2017 | Mar. 31, 2017 | Jun. 30, 2016 | QoQ | YoY | |||||
| IFRS | |||||||||
| Operating profit | 6.4 | 4.5 | 7.4 | 42 | % | (13 | %) | ||
| Reconciliation | |||||||||
| Account adjustments related to seasonality, net | 0.1 | 0.5 | 0.1 | - | - | ||||
| Acquisition and restructuring related, net | 0.9 | 0.8 | 0.3 | - | - | ||||
| Sales and disposition related gain (loss) | - | - | (0.0 | ) | - | - | |||
| Non-GAAP | |||||||||
| Operating profit | 7.4 | 5.8 | 7.8 | 27 | % | (4 | %) | ||
| Operating profit excl. Sports | 5.2 | 7.2 | 6.0 | (28 | %) | (13 | %) | ||
Related Materials
Earnings presentation slides and related materials are available at:
dena.com/intl/investors/ir-news/
About DeNA
DeNA (pronounced “D-N-A”) develops and operates a broad range of mobile and online services including games, e-commerce, entertainment, healthcare, automotive and other diversified offerings. Founded in 1999, DeNA is headquartered in Tokyo with over 2,000 employees. DeNA Co., Ltd. is listed on the Tokyo Stock Exchange (2432). For more information, visit: dena.com
The information and data contained within this press release have been determined based on information available as of August 9, 2017. DeNA disclaims any obligation to update or revise such information and data, whether as a result of new information, future events or otherwise. In addition, any forward-looking statements contained in this press release are based on our opinions and information available as of August 9, 2017, and involve uncertainty. Please be aware that the actual performance data and similar information are subject to influence from diverse factors, and may differ from the forecasts presented herein.
Investor Contact Josh Peligal [email protected] Media Contact Tetsuhiro Kaneko [email protected]
