BANDAI NAMCO : Notice Regarding Differences Between Consolidated Projections and Actual Results and Revisions to Consolidated Projections61.2 KB

November 10, 2022

Name of listed company: Bandai Namco Holdings Inc.

Name of representative:

Masaru Kawaguchi,

President and Representative Director (Code Number: 7832 TSE Prime Market) Contact: Yuji Asako, Director

Notice Regarding Differences Between Consolidated Projections and Actual Results and

Revisions to Consolidated Projections

Bandai Namco Holdings Inc. (the "Company") hereby announces that there were differences between the consolidated projections for the second quarter (six months) of the fiscal year ending March 31, 2023 that were announced on August 5, 2022 and the actual results that were announced today. In addition, the Company announces that the consolidated projections for the full fiscal year ending March 31, 2023 that were announced on May 11, 2022 were revised as described below.

1. Differences between consolidated projections and actual results for the second quarter (six months) of the fiscal year ending March 31, 2023

(April 1, 2022 to September 30, 2022)

				Profit	Basic
		Operating	Recurring	attributable to
	Net sales	earnings per
	profit	profit	owners of
		share
				parent
	(¥ million)	(¥ million)	(¥ million)	(¥ million)
Previous projections (A)	430,000	72,000	80,000	57,000	¥259.12
Actual results (B)	477,620	81,607	92,365	66,557	¥302.54
Change in amount (B-A)	47,620	9,607	12,365	9,557	―
Change (%)	11.1	13.3	15.5	16.8	―
(Reference) Results for the previous
fiscal year	393,646	61,751	64,111	39,527	¥179.92
(The second quarter of the fiscal year
ended March 31, 2022)

In the second quarter (six months) of the fiscal year ending March 31, 2023, in addition to taking swift measures in response to environmental changes, we have been promoting various initiatives to foster broad, deep, and multifaceted connections with fans through efforts such as strengthening collaboration among development of major IP media and our products and services. As a result, products and services with high profit margins, such

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as repeat sales in home video games in the Digital Business, products for the mature fan base, card products, etc. in the Toys and Hobby Business, and facilities in Japan, etc. in the Amusement Business enjoyed favorable performance, and net sales and profits exceeded the projected amounts.

2. Revisions to consolidated projections for the full fiscal year ending March 31, 2023 (April 1, 2022 to March 31, 2023)

				Profit	Basic
		Operating	Recurring	attributable to
	Net sales	earnings per
	profit	profit	owners of
		share
				parent
	(¥ million)	(¥ million)	(¥ million)	(¥ million)
Previous projections (A)	880,000	100,000	101,000	70,000	¥318.22
Revised projections (B)	940,000	128,000	139,000	95,000	¥431.81
Change in amount (B-A)	60,000	28,000	38,000	25,000	―
Change (%)	6.8	28.0	37.6	35.7	―
(Reference) Results for the previous
fiscal year	889,270	125,496	133,608	92,752	¥422.09
(Fiscal year ended March 31, 2022)

Our outlook for the third quarter and the fourth quarter of the fiscal year ending March 31, 2023 continues to be uncertain in each region. For the consolidated projections for the full fiscal year ending March 31, 2023, those figures announced on May 11, 2022 have been revised as stated in the table above in light of significant progress of the operating results in the second quarter (six months), the rollout of products and services in the IP and other businesses from the third quarter onward, and the impact of fluctuations in currency exchange rate.

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