Bandai Namco FY3/2024 Q2 Earnings (Operating Income Flat, Net Sales Up, Units Sales Down)

[ethomaz]

Documents:

https://www.bandainamco.co.jp/files/E_2024E5B9B43E69C88E69C9FE7ACAC2E59B9BE58D8AE69C9F.pdf
https://www.bandainamco.co.jp/files/E_2023E5B9B4E5BAA62Q_E8A39CE8B6B3E8B387E69699(E88B.pdf
https://www.bandainamco.co.jp/files/ir/financialstatements/pdf/20231107_Presentation.pdf

Well the presentation is in Japanese... not sure if it helpful to post screens here.
I will share a summary from the first google news:

Bandai Namco Holdings (7832) Earnings: Operating Income Misses Estimates Despite Net Sales Increase | Smartkarma

Bandai Namco’s operating income for the second quarter was 37.49 billion yen, an increase of 0.7% year on year. This income was lower than the estimated 40.62 billion yen. The...

www.smartkarma.com

• Bandai Namco’s operating income for the second quarter was 37.49 billion yen, an increase of 0.7% year on year.
• This income was lower than the estimated 40.62 billion yen.
• The company’s net income was 30.38 billion yen, marking a 2.9% year on year increase.
• This income surpassed the estimated 29.01 billion yen.
• The net sales for the quarter were 277.19 billion yen, a 6% increase from the previous year.
• The sales were higher than the estimated 273.16 billion yen.
• The company still forecasts an operating income of 125.00 billion yen for the year 2024.
• This forecast is lower than the estimated 136.01 billion yen.
• Bandai Namco also maintains its forecast of a net income of 91.00 billion yen, lower than the estimated 99.03 billion yen.
• It also maintains its net sales forecast at 1.00 trillion yen, lower than the estimated 1.05 trillion yen.
• The company continues to see a dividend of 20.00 yen, which is much lower than the estimated 71.44 yen.
• Out of the total analysts covering Bandai Namco, 15 recommend buying the stock, 6 recommend holding it, while 1 recommends selling.